Tesla is now the second most valuable car company in the US

April 4, 2017 by  
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Environmental news hasn’t been very hopeful of late – except maybe from Tesla Motors . Elon Musk’s electric car company has surged in sales so far this year, delivering a staggering 25,000 vehicles to customers. That puts the company ahead of ahead of Ford as the second most valuable car manufacturer in the US—a clear indication that American consumers care about climate change and cutting air pollution. Part of that’s due to Tesla’s explosive growth as it enters its 14th year, but part of it’s also because Ford’s seen its sales slump by 7% compared to last year. Tesla’s lead is narrow: while it’s currently valued at $47 billion, Ford has dropped to $45 billion. That being said, Ford is still the larger and more established company, and Tesla is still taking losses as it continues to establish itself in the market. While Tesla saw about $7 billion in annual revenue in 2016, Ford blew it out of the water with $152 billion. Overall, Tesla also posted a loss of $773 million last year. Related: Elon Musk announces all new Teslas will be self-driving While it’s uncertain whether Tesla will continue to beat Ford in terms of market value, it seems Musk is banking on the company’s unique semi-autonomous technology to give him an edge. While Ford is planning to release fully autonomous vehicles by 2021 , Musk insists that semi-autonomous functionality will increase customer safety and improve drivers’ experiences long before fully-developed self-driving vehicles hit the market. Given the video that circulated a few months ago documenting Tesla’s Autopilot apparently predicting an upcoming accident , Musk may be on the right track. Via Recode Images via Wikimedia Commons ( 1 , 2 )

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Tesla is now the second most valuable car company in the US

This gorgeous glowing building is wrapped in an elegant slatted screen

April 4, 2017 by  
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This multi-use building in Niigata City, Japan , functions like a small town with its own park, restaurant, cobblestone alley and offices. Takeru Shoji Architects wrapped the building in an envelope made of dense wooden louvers which protect the privacy of the occupants while allowing them to glimpse the surrounding urban fabric. The building is named Wow! Sta., and it’s located in Horinouchi, an area where Niigata City center meets the suburbs . It provides a calm, private space just steps away from a busy main road. The architects addressed space, time, scale and ambiance in order to bring some order to the messy, hurried city life. Related: Airbnb launches nature-filled Tokyo office that feels like a beautiful cozy home A restaurant occupies the ground floor, and the building features a park-like outdoor dining area. Office spaces occupy the second floor, which is enclosed by trees rising up from the lush garden below. The third floor houses a multipurpose rental space with a kitchen and bathroom. A path meanders through the building, connecting all three floors and allowing visitors and occupants to enjoy the surrounding foliage. + Takeru Shoji Architects Via Architizer Photos by Takeru Shoji Architects, Koichi Satake

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This gorgeous glowing building is wrapped in an elegant slatted screen

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