Steen Jakobsen
The Bank of Japan has abandoned quantitative easing and the European Central Bank may taper its bond-buying programme, so what is the role of central banks in 2017, asks Saxo Bank’s chief economist Steen Jakobsen.
Editor’s Picks 28 August 2016 at 23:43 GMT

Tesla's vision of an all-electric car future is still years off

Business Insider
Tesla made history on Tuesday when it announced a new battery upgrade that allows the Tesla Model S with Ludicrous to drive 315 miles on a single charge, but as many have already noticed, very few will be able to experience it. Tesla’s latest battery upgrade means the Model S with Ludicrous mode is the first electric car to surpass the 300-mile range mark. That’s a big deal, as a limited range is often seen as a weakness for EVs. After all, it can be hard to justify shelling out thousands for a car that needs to be charged every 200 miles or so, especially when it can take hours to recharge without a SuperCharger. Tesla finally passing the 300 mile mark shows that electric cars are heading in the right direction, but the problem is the battery upgrade only appeals to a very niche (read: wealthy) customer base.
Read full article at Business Insider


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