NEW YORK, NEW YORK – MAY 02: Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 02, 2022 in New York City. (Photo by Dimitrios Kambouris/Getty Images for The Met Museum/Vogue) Dimitrios Kambouris | Getty Images Entertainment | Getty Images Tesla CEO
Month: August 2022
The 2023 Ford F-150 Lightning gets a range boost for a second model year, but also a big price increase. Ford revealed Tuesday that it’s raising the base price by $7,000. EPA-estimated range for the fleet-oriented F-150 Lightning Pro increases from 230 miles to 240 miles with the standard 98-kwh battery pack, while the price
Tesla has disclosed that CEO Elon Musk sold around $6.5 billion worth of Tesla (TSLA) shares last week. It’s a significant chunk of his Tesla stake, but the reason behind the sale is unknown as of now. A Twitter settlement maybe? Today, Tesla released a series of SEC filings on Tuesday evening revealing that Elon
NUNEATON, England — A handful of commercial electric vehicle startups are burning through cash fast, racing to bring vans or trucks to market before the funds run out or customers choose to buy from legacy automakers such as Ford or General Motors. Boosted by investor hunger to create the next Tesla, a clutch of commercial
Sonic Automotive Inc.’s fast-growing used vehicle unit EchoPark Automotive has named VaynerMedia as its first agency of record, following a pitch process that began in March. EchoPark, which launched in 2014, said now that it has firmly established its infrastructure and expanded its footprint, the goal is to invest in marketing to build the brand
4:33 PM ET Associated Press The strange motorsports silly season has knocked IndyCar driver Felix Rosenqvist into limbo, with the Swede now desperately trying to hold onto his current seat and avoid being shipped to McLaren Racing’s new Formula E team. McLaren and Rosenqvist said in June they’d agreed to a deal in which Rosenqvist
What kind of vehicle is the 2023 Chevrolet Silverado 2500HD? What does it compare to? The full-size, heavy-duty 2023 Chevrolet Silverado 2500 and 3500HD are worth shopping against the Ford F-Series Super Duty and heavy duty trucks from Ram HD, as well as the related GMC Sierra 2500HD. Is the 2023 Chevrolet Silverado 2500HD a
We love driving golf carts along pristine fairways as much as anyone but one woman in Florida appears to have missed the memo that they should be driven on golf courses, not on public roads. Earlier this month, police in Brevard County, Florida arrested 58-year-old Diane Hawk after she was stopped while driving a golf
Online used-vehicle retailer Shift Technologies Inc. said Tuesday it plans to combine with CarLotz, a used-vehicle consignment company, in a stock-for-stock merger. The companies cited “complementary geographies” as a reason for the planned merger. CarLotz aims to use Shift’s proprietary inventory acquisition software and at-home delivery offering to help obtain “differentiated inventory” and to expand
General Motors has accelerated development of its electric vehicles to get them to the market faster. Scaling production to improve EV profits comes next. “A vehicle is coming to market much, much sooner than it otherwise would. That’s a good thing,” CFO Paul Jacobson said Tuesday at the J.P. Morgan Auto Conference. “Unfortunately, the production
Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – Ford Motor on Tuesday said it is increasing the starting prices of its electric F-150 Lightning pickup due to “significant material cost increases and other factors.” The Detroit automaker said the price increases – between
As you may remember, Tesla CEO Elon Musk recently tweeted that the electric automaker would be moving to a new service strategy that’s quicker and more efficient than the current system. In fact, he said Tesla will be applying “Formula 1 pit crew techniques to Teslas.” However, now we’re learning that it may impact the
China’s Great Wall, one of the country’s six largest automakers, has entered a strategic partnership with Europe’s largest car dealer group, Emil Frey, to distribute the Ora and Wey brands. The automaker announced its move into Europe at the IAA in Munich last year and has since been preparing its entry into Germany, its first
The driver of a Tesla Model X in China has had his license revoked after crashing the electric SUV in a park in Hangzhou, Zhejiang Province. Local media report states the driver of the Model X had just finished a dinner where he had been drinking alcohol and decided that he shouldn’t drive home. Instead,
Vroom Inc. said Monday it cut employment by 337 positions and sold far fewer vehicles in the second quarter as part of the business realignment strategy it announced in May, which is partially aimed at reducing its expenses. The online used-vehicle retailer also said it closed offices in New York City and Detroit and shuttered
WASHINGTON – Two members of the U.S. House of Representatives are launching a bipartisan effort to help revive legislative efforts to boost self-driving vehicles. Representatives Robert Latta, a Republican, and Debbie Dingell, a Democrat, told Reuters in a joint interview they are unveiling the bipartisan Congressional Autonomous Vehicle Caucus to help educate fellow lawmakers on
A Ferrari delivers non-stop fun—that is, unless your brakes fail, something that’s definitely no fun at all, regardless of what car you’re driving. Brake failure is a possibility on thousands of Ferrari dating back to 2005 through the present year. As a result, the affected cars have all been recalled. The recall, notices of which
By Joey Klender Posted on August 8, 2022 Tesla’s focus on quick and efficient service visits with inspiration from Formula 1 pit crews is bringing closure to the company’s offering of loaner vehicles and Uber credits for same-day fixes. Tesla’s Service Centers are strategically placed across the country and allow owners to receive repairs from
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