When it comes to electric vehicles, consumers have to be willing to spend a pretty penny in order to reduce their emissions. But it’s not just car owners that are shelling out for more environmentally friendly rides, carmakers are too: on top of the cost to create, test, and manufacture the vehicles, companies, like General Motors, are regularly taking a hit when it comes to putting keys in customers’ hands. But why? [More]
If you dream of electric cars, but don’t want to wait around for more than a year until the release of Tesla’s more affordable Model 3, Chevrolet has some good news for you: the Bolt, its first fully electric car, will launch in just a few months, and its range will be 238 miles on average when fully charged. That means it will be available before the Model 3, and travel farther on a single charge. [More]
What’s really in a $200 pair of Beats headphones? According to a teardown by venture capital firm Bolt, about $16.89 worth of parts. They found a device mostly made out of injection-molded plastic, pieces of metal that serve no purpose other than to make the headphones feel heavier than they really are, and a whole lot of glue. [Medium] (via Gizmodo — thanks, Rowell!) UPDATE: These headphones turned out to be counterfeits, but the components of the real ones aren’t worth much more.
None of the estimated $400 million that the RIAA received in settlements with Napster, KaZaA, and Bolt over allegations of copyright infringement has gone to the artists whose copyrights were allegedly infringed. Now the artists are considering suing the RIAA.