HAWTHORNE, CA – DECEMBER 18: Elon Musk, co-founder and Chief Executive Officer of Tesla Inc., speaks at an unveiling event for The Boring Company Hawthorne test tunnel December 18, 2018 in Hawthorne, California. On Tuesday night, The Boring Company will officially open the Hawthorne tunnel, a preview of Musk’s larger vision to ease traffic in
Month: April 2022
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. Sponsored by Recurrent Auto: Check the battery before buying a used EV & monitor your battery performance with monthly insights using Recurrent’s free battery reports for EV owners. New
Admitting my own mistakes is something I learned to do from an early age since, after the initial embarrassment, it is a great way to learn and avoid future hurdles. In that context, when I surprised myself by getting stuck in the sand with a four-wheel-drive Jeep, I knew I had to share this experience
Tesla said first-quarter net income and revenues surged after the EV maker delivered record units at higher prices. The company led by Elon Musk posted net income for the quarter of $3.32 billion compared with a profit of $438 million a year earlier. Revenue was $18.8 billion in the first quarter ended March 31 from
7:29 PM ET Associated Press INDIANAPOLIS — Three Indianapolis 500 winners spun while coming out of the pits Wednesday at Indianapolis Motor Speedway and four-time race champion Helio Castroneves hit the second turn wall with about 80 minutes left in an unusually chaotic testing session. Castroneves was taken to the track’s infield medical center where
LOS ANGELES — Lincoln Motor Co., trailing luxury rivals in the transition to battery power, on Wednesday introduced a concept that previews how the brand hopes to differentiate itself in the electric vehicle era. The Lincoln Star concept, unveiled at an event here celebrating the brand’s 100th anniversary as part of Ford Motor Co., showcases
Tesla Inc. expects to reach volume production of a new ‘robotaxi’ vehicle without a steering wheel or pedals by 2024, CEO Elon Musk said on the automaker’s first-quarter earnings call Wednesday. The goal of the new model, which would use Tesla’s still-incomplete “full self-driving” software, is to reach the lowest cost per mile for a
Lincoln Star concept electric vehicle Lincoln DETROIT – Ford Motor plans to introduce four new electric vehicles into its Lincoln lineup by 2026, as the once-dominant American luxury brand reinvents itself to focus on EVs. The new vehicles were announced Wednesday night alongside the unveiling of a new concept EV called the Lincoln Star. The
Given the rising prices pretty much everywhere, it’s impressive to see you can still buy a rear-wheel-drive sports car for under 30 grand. That’s the case with the 2023 Subaru BRZ which is priced to start from $29,615, including a $1,020 destination charge. Subaru couldn’t completely avoid cost pressures, though. The 2023 model is priced
“Certainly if you go like two, three years out, it’s all about total … how many gigawatt hours of battry are produced. That will be the limiting factor. And then going even further down, it’s the supply chain. What is the rate at which battry materials are being mined and refined?” Elon Musk I had
BMW‘s flagship sedan, the 7 Series, has been given an ultraluxury redesign, along with a full-electric version. The 7 Series lineup includes a more powerful V-8 engine, a loungelike interior, and advanced driver-assistance technology. “The new 7 Series sounds the starting signal for our new generation of highly-efficient combustion engines,” BMW Group CEO Oliver Zipse
7:20 AM ET Carlos Sainz and Ferrari are close to confirming a two-year contract extension, according to a report in Spanish publication AS. Sainz is in the second year of his current Ferrari contract and has looked likely to stay beyond 2022 for a while, with the team showing little interest in shopping around for
McLaren Automotive is considering hiring Michael Leiters, the former head of technology at Ferrari, as its next CEO, according to people familiar with the matter. Leiters stepped down from Ferrari in December as part of a leadership reorganization under new CEO Benedetto Vigna, and is one of the main candidates being evaluated for the top job
In this article BMW-DE BMW 760i xDrive (European model shown) BMW BMW is adding an all-electric model to its flagship 7-Series sedan lineup as the German luxury brand pivots to EVs to better compete against industry leader Tesla. The new EV, called the i7, was unveiled on Wednesday and is expected to arrive at U.S.
By Maria Merano Posted on April 19, 2022 Delta Air Lines tested Starlink technology and are in talks with SpaceX’s broadband unit, the airlines’ Chief Executive Ed Bastian told the Wall Street Journal. Bastian declined to provide specifics on Delta’s Starlink tests. However, the Delta CEO previously criticized the internet service available on flights. He believed
FRANKFURT — Continental has temporarily resumed tire production for passenger cars at its Russian plant in Kaluga, it said on Tuesday, to protect local workers who could otherwise face criminal charges. Continental said the move was aimed at meeting local demand and in line with sanctions imposed on Moscow for its invasion of Ukraine, which
2:38 PM ET Associated Press INDIANAPOLIS — IndyCar team owner Beth Paretta announced Tuesday she intends to bring back her all-woman team for three races this season but doesn’t intend to compete at next month’s Indianapolis 500. Swiss driver Simona de Silvestro will pilot the No. 16 Chevrolet at all three stops — June 12
FRANKFURT — Continental said it has resumed production at its Russian plant in Kaluga to protect local workers who could otherwise face criminal charges. “Our employees and managers in Russia face severe criminal consequences should we refrain from serving local demand,” the German supplier said on Tuesday. Continental did not elaborate on the potential charges
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