Tesla’s Musk Is Weeks Away From Next Multibillion-Dollar Payout
(Bloomberg) — Tesla Inc.’s surging stock price has already let Chief Executive Officer Elon Musk collect two tranches of his moonshot compensation award, valued at a collective $3.94 billion. Now he’s at most a couple of months away from securing…
Tesla Shares Sag as Analyst Flags ‘Mind-Boggling’ Valuation
(Bloomberg) — The rally that made Tesla Inc. bigger than Toyota and Volkswagen better befits a technology company than a car maker, and buying the stock now is probably a mistake for anyone but day traders, an analyst said Tuesday in downgrading…
Provoke Purists In A Twin-Turbo 1970 Chevy Nova Restomod ‘Black Nasty’
⚡️ Read the full article on Motorious Basically brand new with just 50 miles on the build since its completion, this sinister restomod is ready to roll with a stout 650-horsepower on tap. If you’re in the market for a gnarly pro-touring build, this…
BMW’s 5 Series Will Soon Be All-Electric
Click here to read the full article. In its push towards a greener future, BMW’s 5 Series sedan is getting an electric overhaul. And that’s only one piece of the brand’s sweeping sustainability strategy. Today, the German automaker laid out its…
This Is Your Last Chance To Drive Off In The 2019 Cobra 427 That Appeared In ‘Ford V Ferrari’
⚡️ Read the full article on Motorious Even comes with a letter of authenticity confirming its movie debut. Ford’s rich racing history was recently immortalized on the Hollywood big screen in the movie Ford v Ferrari starring Matt Damon as Carroll…
Mitsubishi expects a massive loss this year due to the coronavirus pandemic
See Full Image Gallery >> TOKYO — Mitsubishi Motors reported Monday a $1.7 billion (176 billion yen) loss for April-June, and forecast more red ink for the fiscal year, as the coronavirus pandemic slammed auto demand around the world. The Japanese…
This All-Electric Baby Bugatti Will Make Your Kids’ Racing Dreams Come True
Click here to read the full article. At the 2019 Geneva Motor Show, Bugatti unveiled the Baby II to commemorate the brand’s 110th anniversary. With a production run limited to 500 units, the model was sold out within 3 weeks. And then 2020 happened,…
Japan’s Mitsubishi Motors racks up red ink on pandemic pain
TOKYO (AP) — Mitsubishi Motors Corp. reported Monday a 176 billion yen ($1.7 billion) loss for April-June, and forecast more red ink for the fiscal year, as the coronavirus pandemic slammed auto demand around the world. The Japanese automaker had posted…
Ten Years After IPO, a Look Back at Tesla’s Extraordinary Decade
(Bloomberg) — Tesla Inc. has grown from Silicon Valley gadfly to the world’s second-largest automaker by market capitalization in the decade since its initial public offering. It’s been a roller-coaster ride for the electric-car maker’s…
The Real Story Behind the Engine in Gordon Murray’s New Supercar
From Autoweek Besides getting the lowdown on the engine in Gordon Murray’s new supercar straight from the man himself, we’ve learned that Jeep is launching a couple plug-in hybrids and Roger Penske and Acura are parting ways. Here’s what’s…