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“Apple scales back self-driving car, delays launch to 2026” Apple has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car’s target launch date to 2026, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The iPhone maker’s shares fell 2.4% following the report. The company’s automotive efforts, known as Project Titan,…
“Tesla reportedly to revamp Model 3 with project ‘Highland’” Elon Musk’s Tesla is developing a revamped version of its Model 3, according to four people with knowledge of the effort, as the top EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan. One focus of the redesign, codenamed “Highland,”…
“Tesla recalls 30,000 Model X cars over air bag issue” Elon Musk’s Tesla recalled nearly 30,000 Model X cars in the US over an issue that may cause the front passenger air bag to deploy incorrectly, sending its shares down nearly 3% on Friday to their lowest in nearly two years. The air bag could deploy…
“Pols who push electric cars ignore basic math and physics” Politicians praise electric cars. If everyone buys them, they say, solar and wind power will replace our need for oil. But that’s absurd. Here is the rest of my list of “inconvenient facts” about electric cars. “The future of the auto industry is electric,” says…
“Tesla recalls 40,000 Model S, Model X cars over steering issue” Elon Musk’s Tesla is recalling just over 40,000 2017-2021 Model S and Model X vehicles that may experience a loss of power steering assist when driving on rough roads or after hitting a pothole. The Texas-based electric vehicle manufacturer has released an over-the-air software update to recalibrate…
“Trevor Milton, Nikola founder, convicted of fraud” Nikola founder Trevor Milton on Friday was convicted by a jury of fraud in a case alleging he lied to investors about the electric vehicle company’s technology. The jury found Milton guilty on one count of securities fraud and two counts of wire fraud after deliberating for around…
“No, Biden, the discussion about climate change hasn’t ‘ended’” The President threw some serious political shade in Florida this week. Standing in front of Governor DeSantis, President Biden was meant to be participating in a bipartisan show of support for those affected by Hurricane Ian. Only for the President to suddenly say, “The one thing…
“NASCAR launching electric racing series in 2023: leaked docs” NASCAR hasn’t hidden its intention to electrify stock car racing in the coming years, but it may happen sooner than expected. Documents uncovered by the Kickin’ the Tires website reveal potential plans to launch an electric support series next year. According to the report, NASCAR will demonstrate a prototype…
“Tesla’s profits rise despite disappointing revenue, factory shutdown” Tesla on Wednesday reported a rise in quarterly profit, as a string of price increases on its best-selling vehicles helped offset production challenges, sending its shares up 4% in extended trading. “With each of the Fremont and Shanghai factories achieving their highest-ever production months and new factory…
“Cadillac’s new electric luxury sedan might cost $300,000” Cadillac is aiming to reclaim the mantle of “Standard of the World” as it transforms into an all-electric car brand, and it looks like that means competing with the high-end automakers on both luxury and price. Coming off the launch of its Lyriq SUV, which is already sold…