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Tesla Cybertruck: What We Need to Know About This Wild Electric Pick-Up Truck

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Transport and mobility are vital components of social and economic growth. However, they are often linked with significant challenges, including air pollution and climate change. To mitigate the environmental impacts of transportation, more and more companies are investing in R&D and the production of electric vehicles (EVs). One of the top EV manufacturers, Tesla builds all-electric vehicles and scalable clean energy generation and storage products. Today, let’s learn more about one of their products – the Tesla Cybertruck. 

What is the Tesla Cybertruck?

Tesla CEO Elon Musk on December 3 announced the much-awaited four-motor version of the Tesla Cybertruck electric pick-up. The vehicle would feature four-wheel steering that will allow trick off-road maneuvering capability. 

Musk said in a tweet that the initial production would be a four-motor variant powered with independent, ultra-fast response torque control of each wheel.

Referring to the electric pick-up truck “insane technology bandwagon,” Musk confirmed that the Tesla Cybertruck would have both front and rear-wheel steer. The said features will allow the vehicle to not just turn like a tank but also drive diagonally like a “crab.”

The car will compete with other pick-up trucks such as GMC’s Hummer EV, Ford’s F-150 Lightning, and Rivian’s R1T. The R1T is driven by four individual motors driving all four wheels, while GMC’s Hummer can move diagonally. 

First announced in November 2019, the Tesla Cybertruck is stainless steel used in rockets. Musk has touted after receiving roughly 600,000 pre-orders. 

Musk said that he would provide updates on the product roadmap soon. The Tesla Cybertruck will begin next year, while mass production may begin in 2023. Until now, the company has avoided a significant crisis from supply-chain issues and the global semiconductor deficiency that have affected several auto manufacturers. 

Tesla Cybertruck Features 

Here’s more about Tesla Cybertruck features, according to their website. 

Exoskeleton

The Tesla Cybertruck has an outer case for ultimate durability and passenger safety. In addition, it has an almost impenetrable exoskeleton with every component designed for superior strength and endurance. 

Ultra-Hard 30X Cold-Rolled Stainless Steel 

This feature helps eliminate dents, damage, and long-term corrosion. The smooth monochrome exoskeleton that puts the shell on the outside of the electric pick-up truck provides maximum driver and passenger protection. According to Tesla, the body of the Cybertruck is strong enough to endure impact from a 9 mm handgun.

Tesla Armor Glass 

Tesla Cybertruck has ultra-strong glass and polymer-layered parts that can absorb and redirect impact force for improved performance and tolerance against damage.

Versatile Utility

It is the most powerful vehicle that Tesla ever built. The Tesla Cybertruck can withstand up to 3,500 pounds of payload capacity. Its vault-like storage is spacious enough for a toolbox, spare tire, and Cyberquad, Tesla’s electric quad bike ATV (all-terrain vehicle). This electric pick-up truck is 100% flexible to the owner’s needs, from rugged to refined. 

Performance and Efficiency 

With a new class of strength, versatility, and speed, the powerful components enable the Tesla Cybertruck to accelerate between 0 to 60 mph in as little as 2.9 seconds and a maximum of 500 miles of range. 

About Tesla

Tesla, Inc. is an American electric vehicle and renewable energy company based in Austin, Texas. In 2003 by a team of engineers established the company to prove that people didn’t need to experience complexities to drive electric cars. Tesla’s mission is to fast-track the world’s transition to sustainable energy. Tesla believes the quicker the world stops relying on fossil fuels and shifts towards a zero-emission future, the better. 

The company started with the Roadster, cutting-edge battery technology, and electric powertrain launched in 2008. After that, Tesla designed the world’s first-ever all-electric sedan from the ground up, which they call the Model S. It became the best car in its category. 

Then in 2015, Tesla expanded its products with the unveiling of the Model X – the safest, fastest, and most capable SUV (sports utility vehicle) in history. Model X holds 5-star safety ratings from the National Highway Traffic Safety Administration. 

Completing CEO Elon Musk‘s master plan in 2016, Tesla launched the Model 3, a more affordable, high-volume EV that began production in 2017. Shortly after, Tesla introduced the Model Y, a mid-size SUV with a seating capacity of up to seven. Then recently, the company unveiled the Tesla Cybertruck, which will offer better utility than a traditional pick—up truck and more performance compared to a sports car. Tesla vehicles are also manufactured in Fremont, California, and Gigafactory Shanghai.

Surprisingly, four of Tesla’s electric cars made it to the Top 12 Best-Selling Electric Vehicles 2021. These are the following: 

  • 1st Place: Tesla Model Y with 132,000 units sold
  • 2nd Place: Tesla Model 3 with 94,900 units sold
  • 10th Place: Tesla Model with 5,400 units sold
  • 11th Place: Tesla Model X with 3,000 units sold

Energy Solutions

To create a holistic, sustainable energy ecosystem, Tesla produces a unique array of energy solutions such as battery energy storage from home to grid-scale, solar panels, and solar roof tiles. 

The Powerwall, Powerpack, and Solar Roof, enabling property owners, businesses, and utilities to manage renewable energy generation, storage, and consumption. Gigafactory 1 is designed to reduce battery cell costs in Tesla automotive products. Tesla’s in-house cell production enables them to mass-produce batteries to meet production goals while creating thousands of jobs. 

Going back to Tesla Cybertruck, the company plans to test beta vehicles by the end of this year, while the production may happen sometime in 2022. While waiting for the outcome of initial production, electric enthusiasts are still learning more about the wild new truck. They also hope that the carmaker does not experience any other issues along the way.

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The 8 Sexiest SaaS Companies of 2022 (So Far…)

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Did someone say, Sexy as a Service? No? Too bad. Because here at Owners’ Magazine, we think SaaS are some of the sexiest services out there right now. The deeper society dives into the online world, the hotter SaaS gets. You can think of SaaS as a new kind of infrastructure, like roads and power, but on the internet. 

Companies that are developing their own SaaS technology are building our future one digital brick at a time. To celebrate some of these companies, here is our list of the 8 Sexiest SaaS Companies of 2022. 

So far… 😉

ProtonVPN

Nothing is sexier than quality VPN. This VPN service was founded in 2016 by the Swiss company Proton Technologies (the company behind ProtonMail). They tout a heightened focus on security, a free, no-ad version of their VPN, and a much faster speed as differentiators. In a September 2019 TechRadar review:

ProtonVPN’s network is small, and we had some performance issues during testing. Still, speeds are generally better than average, the apps are well-designed and we have to applaud any genuine VPN which offers a free, unlimited bandwidth plan.” 

ProtonVPN currently has 1,529 servers in 61 countries. They are available for Windows, MacOS, Android, and iOS. 

Linktree

You know what’s not sexy? Not having all of your social media links in one place. Thanks to Linktree, that’s no longer an annoyance. This freemium social media reference landing page was inspired by that very annoyance. It was reportedly created in six hours and had 3,000 users overnight. 

In 2019, Linktree was included on CNBC’s ‘Upstart 100’ list of “brightest, most intriguing, young startups promising to become the great companies of tomorrow.” 

Printify

You ever have a sexy tshirt idea but don’t know where you can get it printed? Worry no more. Printify, founded in 2015, is a freemium printing platform for artists, entrepreneurs, and more who need to produce their designs on any material – apparel, wall art, home decor, accessories, tshirts, even tablecloths. 

Tablecloths? That’s ridiculous. Sign me up. 

Tripactions

Sexy as it is, traveling is a real pain in the ass, no? Tripactions is a software-based solution to those ever-so-troublesome travel management issues. It’s a cloud-based, one-stop-shop for business travel that allows companies to book hotels, flights, and accommodations with zero hassle. 

Book trips, file receipts, modify reservations, track travel itineraries, chat with travel support agents, and reconcile expenses. Only thing that’s missing is a selfie for the haters. 

Shapr3D

The feeling of designing the perfect design is one of the sexiest feelings out there. Shapr3D is a modeling app for iPad Pro that’s way hotter than the competition. It’s a free app – all modeling tools are included within the app itself. It’s perfect for engineers, industrial designers, jewelry makers, 3D hobbyists, architects, and doodlers regardless of their experience in design. 

The Computer-aided design (CAD) industry is expected to blow up in the next few years. So, might want to hop on the Shapr3D train. 

Lokalise

If you want your work team to be at their sexiest, you might want to get ahold of Lokalise. This cloud-based localization and translation management system was designed primarily “for tech-driven teams managing iOS, Android apps, web, games, IoT or digital content, and software in general.

Lokalise is recognized for its “web-based collaborative editor, cross-platform projects and localization options, and plugins.” This hot little app streamlines the translation and localization process and collaboration among developers, designers, translators, and project managers.

Hopin

Zoom may be overdoing it, but Hopin is making video teleconferencing sexy again. Hopin has hosted over 80K events, working with organizers like United Nations, NATO, and Unilever. 

There are customizable rooms and user experiences. That means that hosts can create a number of creative programming. You can hop from room to room like one would at a live exposition. 

Not only that, but hosts will have access to a full suite of analytics to understand which events worked and which did not. 

Recorded Future

You can’t get much sexier than some serious security, right? Recorded Future is an intelligence platform designed to provide active recommendations around security. They specialize in the collection, processing, analysis, and dissemination of threat intelligence. 

By using their special patented machine learning and natural language processing methods to continuously collect and organize data from open web, dark web, and technical sources. These are the security kids you want on your side. 

What do you think are the sexiest SaaS companies of 2022? Is there anyone we didn’t include that you think you should have? Comment below and tell who you think should be included in our list of the Sexiest SaaS Companies of 2022.

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Helix-Tower: Amazon’s New Virginia’ HQ2′

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skyline

Here’s the other Amazon forest! The multinational online shopping firm will build a helix-shaped tower dubbed Amazon Virginia HQ2. The proposed infrastructure is complete with tree-lined “mountain” visitors can visit during the weekends. Arlington officials recently approved the construction of the tall building. 

According to a Daily Mail report, Amazon’s second headquarters in Virginia will sit in the middle of the company’s new $2.5-billion campus just across the River Potomac from Washington DC.  

The Arlington County Board unanimously approved the construction of the 350-foot-tall building. The NBBJ designed the building. NBBJ is an American global architecture, planning, and design firm with offices worldwide. 

Amazon Virginia HQ2 Will Dominate the Region’s Skyline

amazon helix

There’s a law that prohibits skyscrapers within the District of Columbia. The Height of Buildings Act of 1910 was approved by the 61st United States Congress on June 1, 1910, to limit the heights of buildings in DC. It generally bans building heights along residential streets to 90 feet and along commercial corridors to the width of the street’s right-of-way or avenue on which a building fronts, or a maximum of 130 feet, whichever is shorter.

The Amazon building will be one of the tallest structures in neighboring Arlington County. The Helix will dominate the region’s skyline from some vantage points like no building other than the Washington Monument. The structure generally features a spiral hike around its exterior, lined with trees, allowing visitors to follow an encircling outdoor ramp around the edge of the building to its summit. 

The proposed building was first launched by Amazon in February 2021 and is one of many large offices that the web giant on the site will construct.

It will be completed by 2025 and will welcome around 25,000 workers. Once fully operational, the campus will also include a separate park, a community high school, and multiple shops. 

Amazon has claimed that the Helix will have its artist in residence and meeting space for the staff. 

The online shopping leader’s global headquarters is in Washington, with Virginia now set to become its second-most-important US base. 

It spent years searching for a possible second headquarters, with multiple cities setting out its stall across the US.

Some even confirmed recommending amendments to local laws to simplify Amazon to settle and start doing business in the area. They did so, hoping that its presence would beef up their economies. 

Why New York City?

Amazon ultimately announced it had chosen New York City as its site in late 2018. It said it was planning to open a vast new base on Long Island City in Queens, just across the East River from Midtown Manhattan.That sparked fury from the cities that had lost out, who were angry that a metropolis already replete with jobs had landed yet another multinational firm.

Many New Yorkers were also angry and feared Amazon’s presence would further gentrify a notorious city for its astronomical cost of living.

There were also fears from progressive lawmakers – including US Representative Alexandria Ocasio-Cortez – that the new Amazon Virginia HQ2 would price out poorer locals.

On Valentine’s Day 2019, the firm announced it had withdrawn its bid for its New York headquarters and was instead concentrating on building its Arlington site, which was announced alongside the Long Island City deal.

Following the release of The Helix’s design, people on the internet poke fun at its unusual structure, suggesting it resembles everything from soft-serve ice cream to a poop emoji to a Christmas tree and a cartoon turd.

NBBJ previously designed giant orb-shaped greenhouses for Amazon’s US headquarters in Seattle.

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New CEO Suspends Starbucks Share Buyback Program

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starbucks coffee logo and store

Starbucks announced big plans to lavish its shareholders with new rewards. The company announced it was reinstating the Starbucks share buyback program, promoting a $20 billion commitment in the next few years.

“While Starbucks’ growth this year will not be linear, we are certain our strategy helps a profit-positive company today. And in the long run, it would create value for all stakeholders, partners, customers, and our shareholders,” said Chief Financial Officer Rachel Ruggeri.

However, that plan was thrown out of the window when Howard Schultz assumed office as interim CEO on Monday, taking the company’s reins for the third time.

Why Did CEO Howard Schultz Suspend The Starbucks Share Buyback Program?

Howard Schultz is suspending Starbucks’ share buyback program, announcing on the first day of his third term as the US coffee chain’s CEO. It means redirecting the capital to its stores and staff. The decision is a response to the growing unionization movement in Starbucks. Also, it could be attributed to the rising wage and commodity costs, potential threats due to its suspension of operations in Russia, and COVID- related lockdowns in China.

“This decision will help us invest more in our employees and our stores. It is the only way to create long-term value for all stakeholders,” Schultz said.

howard schultz

What happened? Share buybacks are under political observation after reaching an all-time high of $882 billion among S&P 500 companies in 2021. Giving cash to investors generally boosts share prices by reducing the number available. Still, critics say that money would be better spent on workers and other investments that can broaden the economy.

Last week, US President Joe Biden proposed new rules to curb the practice. However, a Starbucks spokesperson stated that the decision was not about the political climate. The decision to suspend Starbucks’ share buyback program was solely a company’s plan. 

The other significant factor, then, is workers. Since December 2021, several Starbucks stores have unionized despite the company’s plans. Schultz has tried to discourage workers from organizing unions, citing the importance of a “direct and shared relationship” with workers.

But at the height of the pandemic, employees who are fed up with long hours and health risks have more power than they used to. Job openings in the United States reached 11.3 million in February as companies struggled to hire and retain workers.

Last Friday, Amazon warehouse workers in Staten Island, New York City, voted to create the first US union in the tech giant’s 27-year history.

In suspending the Starbucks share buyback program, Schultz hoped to set a different tone for his term. This would not be a company playing by Wall Street’s rules but by Main Street. Shareholders would not be the company’s primary stakeholders. Instead, Starbucks would work to make life better for its workers.

The statement was an apparent response to a growing unionization effort underway at almost 200 Starbucks stores around the country. It is part of an effort that has diminished its reputation as an employee-friendly company.

In this situation, generous share buybacks may be more challenging for management to defend, and boards like Starbucks may decide that money should go to staff instead. After all, stockholders had it pretty good during the pandemic.

Shares of Starbucks fell almost 3% in premarket trading on Monday. While they have dropped 22% so far this year, they gained 33% across 2020 and 2021. 

“If Starbucks can afford to spend $20 billion on stock buybacks and dividends, it can afford a unionized workforce,” Schultz said.

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