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Hyundai announced Thursday that it will begin building electric vehicles under its high-performance N brand, which was created to compete with luxury sports cars from Mercedes-Benz and BMW. The automaker said the Ioniq 5 N, a high-performance version of its battery-electric SUV, will launch in 2023. Hyundai also presented two high-performance concepts – the RN22e … Read more
Elon Musk has been making headlines this summer beyond the electric vehicle business he’s trying to grow. In the first half of July, the Tesla CEO gained attention for adding twins to his brood of 10 children, pulling out of a $44 billion deal to buy Twitter and Go shirtless yachting on the Aegean Sea. … Read more
Tesla reported lower-than-expected earnings on Tuesday, as first-quarter earnings fell 71% due to much weaker EV sales. The news isn’t entirely surprising, given that Tesla CEO Elon Musk is the public face of the company and continues to help President Donald Trump destroy the U.S. federal government while peddling far-right extremism on his social media … Read more
Elon Musk’s Tesla is urging Canadian customers to buy cars at pre-tariff rates “while supplies last” as it prepares to raise prices in response to President Trump’s trade war. Canada’s electric car giant’s website posted a banner message on Monday that read, “Explore inventory before tariffs while supplies last.” The ad first appeared for Tesla … Read more
Tesla is being sued for allegedly altering readings on the odometers of his own cars. A class action lawsuit filed in California claims Tesla doctored the accounts, essentially tricking their vehicles into thinking they traveled more than they did in an alleged scam to pay repair bills and reduce warranty coverage. According to the lawsuit, … Read more
Cadillac on Friday unveiled a more buzzed version of its upcoming flagship electric vehicle, the six-figure Celestiq sedan that is expected to set the direction of the brand’s electrified portfolio. The highly anticipated Celestiq show car model represents the 120-year-old luxury brand’s most advanced vehicle, the company said. This unique car gives a glimpse of … Read more
Elon Musk’s Tesla has reportedly halted imports of auto parts from China needed for its upcoming Cybercab and semi-electric truck due to the trade war with Beijing, putting a damper on the company’s much-vaunted plans. The electric vehicle pioneer had planned to import components from China to support production of the two new vehicles, but … Read more
Honda and Nissan, two of Japan’s largest automakers, are in talks to merge in a bid to counter challenges from Chinese electric vehicle (EV) makers. The merger would create one of the world’s largest car groups if it goes ahead, alongside Toyota, Volkswagen, General Motors and Ford. The emergence of Chinese electric vehicle manufacturers, such … Read more
After more than 15 years without advertising Teslas, Elon Musk is suddenly in the idea of advertising Teslas now that he also owns Twitter, which relies on ads to make money. One of the most important differentiators between Tesla and the rest of the automotive industry has always been that the automotive industry spends billions … Read more
Volkswagen came as a bombshell at the end of last week: Herbert Diess was no longer its CEO position. As a manager, Diess was controversial, with a style that angered both the leaders and the union leaders. But as a strategist, he was on more solid ground, skillfully pulling Volkswagen out of the Dieselgate scandal … Read more
