Electric vehicle maker, Lucid, cut prices of its Air luxury sedans by as much as $12,400. The cuts are part of an ongoing offer amid rising competition in the U.S....
Earlier this week: United Auto Workers president Shawn Fain revealed the list of UAW member demands to the Detroit Three. Three California Tesla owners filed a class action lawsuit against...
On August 2, 2023, three Tesla owners in California filed a proposed class action lawsuit against the automaker, accusing it of misrepresenting the estimated contents of their electric vehicles.
The lawsuit...
In recent years many car manufacturers have sought to shed their "old-school" appearances, with companies such as Tesla and Rivian branding themselves as tech startups rather than automakers. But how...
Since the acquisition of Twitter, Elon Musk has frequently shared his political and social views, as well as controversial conspiracy theories. This has altered people's minds about Musk, and many...
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where I put recent automotive and mobility news items into context, in...
Earlier this week: Stellantis reported record-breaking earnings of $12.1 billion, a 37% increase in net profit, and a 12% year-over-year revenue growth to $109 billion for the first half of...
For years, Tesla falsified its range-estimating software to inflate the possible range of its vehicles. The EV maker created algorithms for its range meter to present drivers with "rosy" projections...
Like it or not, the car business is advancing toward an electric future. Government mandates are pushing automakers to electrify their lineups. This tremendous shift is already impacting the performance...
There is no doubt billionaire Elon Musk is a very busy entrepreneur seeing as he now owns five companies including Tesla, SpaceX, Twitter (now known as X), The Boring Company,...