Tag: autos
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One of the first Tesla Roadsters ever made just auctioned for $182,000 – nearly double its original price
Tesla Roadster ‘Signature One Hundred’ Series. Bring a Trailer The original Tesla Roadster is your first car Tesla ever made. The initial 100 Roadsters constructed were a part of this limited-edition”Signature One Hundred” series. No. 38 only offered for $182,000 on car auction site Bring a Trailer. Visit Business Insider’s homepage for additional tales .…
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The designer of Lucid’s $80,000 Tesla rival says it will be spacious enough to offer business class-like reclining seats
Lucid Air. Lucid Business Insider spoke with Derek Jenkins, the VP of design in Lucid Motors, about designing the Firm’s forthcoming Air EV. The Air officially debuted on Wednesday. The Air was first sketched out at 2015 along with the design team needed to figure out what would still look futuristic by now the car…
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Lucid’s CEO says he has ‘more advanced technology than Tesla,’ and wants to use it to lower the price of EVs
Lucid Air. Lucid Lucid CEO and CTO Peter Rawlinson doesn’t think big batteries are the key to efficiency. He has plans to mass-produce the tech behind the Lucid Air and wants to see it in other cars. He also said that Lucid’s tech is “more advanced” than Tesla’s. Visit Business Insider’s homepage for more stories.…
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Lucid Motors just unveiled a new EV that starts at $80,000 and can beat a Tesla Model S on paper — check out the Air
Lucid Air. Lucid The Air is Lucid Motors’s first, all-electric sedan that boasts a spacious interior and a long range. The base Air starts at $80,000, while the range-topping, limited-edition Air Dream Edition starts at $169,000. The Air will be available starting in spring 2021. Visit Business Insider’s homepage for more stories. In the world…
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Hurricane Bonus: Tesla Unlocks More Range, OnStar Adds Services
Legend had it cool, rainy weather produced dad’s carbureted vehicle. There is one benefit to stormy weather: Automakers are unlocking or frees up features to customers impacted by Hurricane Dorian. Tesla will unlock free Supercharger entry, unlock the stove ceiling onto some automobiles, also PowerWall batteries to strength. General Motors will provide improved OnStar services…
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Tesla’s Secret Source of Cash Has Finally Been Revealed
For years, Tesla Inc. has hauled in earnings by advertising credits to other carmakers which needed to offset earnings of vehicles that are nearby to U.S. consumers. These kinds of trades have mostly been shrouded in secrecy–until today. General Motors Co. and Fiat Chrysler Automobiles NV revealed to the state of Delaware earlier this year…
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The Renault Deal Is Dead, But Fiat Chrysler Still Desperately Needs a Partner
For the second time in under a year, Fiat Chrysler Automobiles’ (FCA) top brass is staring down a now what? moment. The maker of Jeep, Maserati and Fiat 500 abruptly lost its charismatic CEO Sergio Marchionne who died last July at a Swiss hospital. This week, its first attempt at a Marchionne-style mega-merger with France’s…
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Tesla Shares Could Drop to $10, Says Morgan Stanley
Tesla shares could fall as low as $10, Morgan Stanley analysts predicted Tuesday. The investment company has reduced its bear forecast from $97 to $10 per share, saying it was worried about Chinese demand for the firm products. “Our revised bear case assumes Tesla misses our current Chinese volume forecast by roughly half to account…
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Tesla Investors and Analysts Jump Ship: It’s a “Quagmire” Says One
Tesla, once a darling of Wall Street, has pushed the envelope and not in a way that was good. Many issues and problems have pushed some long-time supporters to shake their heads and step back. Wedbush Securities finally decided [throw] from the towel” final month lowering guidance from outperform to neutral, after April’s first quarter…
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Ford to Cut 900 Jobs This Week, 7,000 by August
Ford Motor Co. plans to eliminate about 7,000 salaried jobs — about 10% of its global white-collar workforce — as pressures mount on automakers to keep pace with massive technological shifts amid signs global vehicle demand has peaked. Eliminating the rankings will save Ford about $600 million a year, Chief Executive Officer Jim Hackett wrote…