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Elon Musk is convinced that some of the largest vehicles -- we're talking planes and ships -- will soon be electric. In an interview with Marketplace on Monday, the Tesla and SpaceX chief spoke of a future in which all manner of conveyances will shift away from traditional energy sources."Aircraft and ships, and all other modes of transport, will go fully electric -- not half electric, but fully electric," Musk said. Musk has been thinking electric for quite some time now, having devoted his time, energy and investments to Tesla Motors’ electric vehicles, such as the n...
Italian transport design studio Pininfarina, which specializes in creating sports cars for brands like Ferrari, Alfa Romeo, Peugeot, Maserati, and Rolls Royce has been acquired by Indian Mahindra.Mahindra, a massive conglomerate based in India, will pay around $28 million for 76-percent of the Italian design house, and plans to make offers for the remaining 24 percent. Those tracking the deal were surprised that the acquisition is being made through Tech Mahindra, rather than parent Mahindra & Mahindra, which makes SUVs, tractors and other vehicles. But we know that the Cambiano, Italy-bas...