Tesla CEO Elon Musk said the electric vehicle maker’s total headcount will increase over the next 12 months, but the number of salaried staff should be little changed, backtracking from an email just two days ago saying that job cuts of 10 percent were needed. “Total headcount will increase, but salaried should be fairly flat,”
Month: June 2022
6:28 PM ET Associated Press DETROIT — Sebastien Bourdais and Renger van der Zande returned Chip Ganassi Racing to the victory fountain at the Detroit Grand Prix with a second consecutive win Saturday in the IMSA sports car race. Ganassi won the race a year ago with van der Zande and Kevin Magnussen. Bourdais now
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TOKYO — No more controversial mugs for Lexus— The premium brand’s polarizing spindle grille — derided as the Darth Vader death mask by some critics — is getting a face-lift for a kinder, gentler look thanks to the brand’s shift to electrification. With no engine to cool in Lexus’ upcoming line of electric vehicles, there
In this article GM Kyle Vogt, co-founder, president and chief technology officer for Cruise Automation Inc., speaks as he stands next to the Cruise Origin electric driverless shuttle during a reveal event in San Francisco, California, U.S., on Tuesday, Jan. 21, 2020. David Paul Morris | Bloomberg | Getty Images Autonomous vehicle venture Cruise, which
The Kia EV6 is, at least on paper, a seriously compelling package. With plenty of range, rapid charging speeds and great tech there’s a lot to like about Kia’s latest EV. But what’s it like to live with in reality? Jordan from Out Of Spec Reviews spoke with EV6 AWD owner Emad to find out. Emad
The DeLorean Alpha5 made its virtual debut with massive gullwing doors, an electrric powertrain, and design nods to the DMC-12. While not entirely retro, the longer you stare at the photos the more cues from the past you uncover, like the shape of the steering wheel. Polestar 5 patent drawings The Polestar 5 might have
PARIS — France has put in place new rules that make it harder to profitably “flip” new electric cars bought with state incentives, including requiring owners to keep the car for a year before they can resell it. Under the new French rules, owners must keep their new EV for 12 months instead of six,
6:56 PM ET Associated Press EPPING, N.H. — Funny Car points leader Matt Hagan took the No. 1 qualifying position Saturday for Tony Stewart Racing at the NHRA New England Nationals. Hagan’s Friday run of 3.878 seconds at 332.51 mph in a Dodge Charger SRT Hellcat stood up Saturday during the final two sessions for
We have seen plenty of videos from the Middle East with SUVs drifting or performing two-wheeler stunts on public roads, but the latest is a Land Cruiser-related accident that comes from a sandy beach in Pakistan. In a quest to show off, the driver managed to roll over the SUV on the shore, thankfully without
Tesla Inc. CEO Elon Musk‘s “super bad feeling” about the economy could be the auto industry’s “canary in the coal mine” moment, signaling a recession for an industry whose bosses have shown no signs of concern. Musk said the electric carmaker needed to cut about 10 percent of its workforce in an email to executives
In this article TSLA Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty Tesla shares dipped about 6% on Friday on news that CEO Elon Musk plans for a hiring freeze and 10% job cuts at his electric vehicle and renewable energy venture. Reuters reported
By Joey Klender Posted on June 4, 2022 Tesla’s new policy on remote work, which essentially eliminates the possibility of employees working from home, has e-commerce giant Amazon attempting to poach employees who are unhappy with Elon Musk’s new demands. “Anyone who wishes to do remote work must be in the office for a minimum
It’s back! The World’s Greatest Drag Race returns with nine of the world’s best supercars, sports cars, and muscle cars for 2012 facing off in an epic quarter-mile sprint for glory… and ultimate bragging rights! This year’s field includes all nine contenders from Motor Trend’s 2012 Best Driver’s Car competition. We have the Lamborghini Aventador,
BERLIN — Elon Musk’s demand that Tesla staff stop “phoning it in” and get back to the office has received criticism from Germany’s largest trade union. The Tesla CEO waded into the future of work debate by telling staff at the automaker that they must return to the office for at least 40 hours a
5:58 AM ET Jos Verstappen, the father of F1 world champion Max, has criticised Red Bull’s Monaco Grand Prix strategy and said the team should have prioritised his son and not Sergio Perez. Verstappen finished third in Monaco as Red Bull teammate Perez claimed victory at the Principality. 2 Related Perez’s win was built on
This coming Saturday, June 4th, the Hot Wheels Legends Tour makes a stop in Bentonville, Arkansas to highlight the “best of Arkansan custom car culture.” The winner will go on to be a part of the Global Grand Finale later this year in November. Here’s a look at four of the main competitors. First up
Jaguar Land Rover celebrated Queen Elizabeth’s 70 years on the throne with 26 vehicles in the Platinum Jubilee Pageant and the donation of a Defender 130 to the British Red Cross. The pageant on Sunday, June 5, was scheduled to feature two of the queen’s Land Rover Defenders, three Jaguar and Land Rover vehicles from