Tesla Inc. delivered a record 466,140 cars worldwide in the second quarter, outpacing Wall Street estimates. The results, posted Sunday, demonstrated that Chief Executive Officer Elon Musk‘s vow to chase volume by cutting prices have had their intended effect. Analysts Bloomberg surveyed had expected Tesla to ship 448,350 cars in the quarter. “It’s a big
Month: July 2023
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Lucas Jackson | Reuters Tesla posted its second-quarter vehicle production and delivery report for 2023 on Sunday. Here are the key numbers from the electric vehicle maker: Total deliveries Q2 2023: 466,140 Total production Q2 2023: 479,700 The numbers beat analysts’ expectations and indicate that deliveries
By Simon Alvarez Posted on June 30, 2023 Former Tesla AI Director Andrej Karpathy was honored with the WTF Innovators Award for his contributions to the fields of deep neural networks and computer vision. The former Tesla executive was also lauded for his continued efforts to make AI more effective for humanity. The WTF Innovators
Honda has shoved an IndyCar powertrain into a CR-V Hybrid, and the automaker has released a video showing how it was done. Called the CR-V Hybrid Racer, the one-off build was done by Honda Performance Development, the motorsports unit responsible for Honda’s IndyCar engine program, and built at Honda’s North American Development Center in Ohio
MG Motor, a unit of Chinese automaker SAIC Motor, announced a new leasing offer whereby drivers in France can get for 99 euros ($107.6) a month the MG4 electric car, matching a program the French government would like to use to benefit cars made in Europe. The promotion runs from July 1 through August 31
Associated Press Jul 1, 2023, 12:30 PM ET IndyCar driver Simon Pagenaud walked away unharmed from a terrifying wreck during practice at Mid-Ohio on Saturday, where his car from Meyer Shank Racing rolled seven times through a gravel trap before coming to rest on its side. Pagenaud remained motionless in his car for a moment
This Fire-Damaged 1954 Ferrari 500 Mondial Spider Is Probably Worth More Than Your House | Carscoops It features an extensive racing history, some period-correct driveline components, and enough damage that it would scare a restomod YouTube channel July 1, 2023 at 18:49 This 1954 Ferrari 500 Mondial Spider Series I by Pinin Farina (0406 MD)
Scammers who previously defrauded COVID-19 stimulus programs switched to target the auto finance industry in 2022, Point Predictive concluded in a fraud report released in June. These schemes contributed to a 35 percent increase in auto loan identity and synthetic identity fraud last year, according to Point Predictive’s 2023 Auto Lending Fraud Trends Report. Meanwhile,
By nearly every measure, buying a car has become extremely expensive. Not only are new vehicle prices near an all-time high, but the interest rate to finance a purchase has also jumped dramatically. Now, fewer affordable new cars even hit the market, according to recent reports. Today, new cars priced under $30,000 make up just
On this Episode of 4×4 Garage, presented by RealTruck, we treat our 2023 Toyota Tacoma to some top-quality parts to make it perform as well as it looks. Christian and team add a roof top tent, drop an Eaton ELocker in the front diff to bolster the factory rear locker, add a Superlift leveling kit,
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We’re Driving The EU-Spec 3-Cylinder BMW X1, What Would You Like To Know? | Carscoops The sDrive18i the least powerful X1 trim in the European range, with a turbo 1.5-liter engine producing 134 hp and 170 lb-ft of torque 2 hours ago BMW has just unveiled the performance-focused X1 M35i, but until we get our
Visionary, disruptor, revolutionary – no automaker is equated with subversive terms as much as Tesla. The U.S. electric car pioneer has turned the industry upside down. After more than 100 years of the all-powerful internal combustion engine, Tesla came along and helped the electric drive to achieve a breakthrough. This was indeed a revolution. And
Associated Press Jul 1, 2023, 05:24 PM ET CHICAGO — Denny Hamlin won the pole Saturday for the NASCAR Cup Series’ first street race, edging Tyler Reddick on the tricky course in downtown Chicago. Hamlin led the way for the race Sunday with a lap of 88.435 seconds at an average speed of 89.557 mph
Driver Accidentally Flips His Own Car In Road Rage Incident Before Pulling A Knife | Carscoops The two drivers ultimately walked away without injury but one had an escort to jail with police July 1, 2023 at 21:21 When road rage gets really out of hand everybody seems to lose. That’s certainly true of one
Former colleagues and industry executives paid tribute to Lotus design chief Peter Horbury, who has died at age 73. Horbury, probably best known for turning around Volvo design, died on Thursday in China, according to multiple sources. “He was a proper giant in car design. Everybody knew Peter. There will be a pain felt throughout
Over half of all new cars sold in the U.S. by 2030 are expected to be electric vehicles. That could put a major strain on our nation’s electric grid, an aging system built for a world that runs on fossil fuels. Domestic electricity demand in 2022 is expected to increase up to 18% by 2030
The Fisker Ocean is finally on sale, over four years after it was first revealed to the world. Customer deliveries began in Demark one month ago, meanwhile US deliveries commenced last week. The only version of the electric crossover currently being delivered is the $69,000 launch edition, which produces 550 horsepower and can sprint from 0-60 miles per