Studying the impact of innovation on business and society

Tag: x1

Detroit 2.0 – The New American Sports Car…And its Out of Silicon Valley

I have the need, THE NEED FOR SPEED. Well, that, and cup of coffee in the morning, a good glass of wine in the evening, the winning Lotto numbers… oh, nevermind. According to a recent press release, Tesla Motors closed $40 million in Series C financing from a host of high-profile venture capital firms and entrepreneurs – including Google Co.’s co-founders – to launch a battery-powered sports car. The “Christmas Tree” lights are green and the drag race is on…