General Motors Ditches Steering Wheel on New Car

Just as 1908 marked the end of the horse and buggy era with the introduction of the Ford Model T, 2018 may well be remembered as the end of the automotive era, as General Motors begins mass-production of a driverless car without steering wheels or pedals. General Motors announced its self-driving Cruise AV—a modified electric Chevrolet… Please follow and like us:

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Tesla Rival Byton Unveils ‘Smartphone on Wheels’

An electric car startup based in China has revealed an ambitious smart vehicle concept that it claims outperforms Tesla in terms of “digital power.” The Byton car, pitched by its makers as an Apple-inspired “smartphone on wheels,” was unveiled at the Consumer Electronics Show (CES) in Las Vegas on Sunday. The electric car was designed by… Please follow and like us:

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Tesla was under federal investigation over Model 3 and may still be, report says

PALO ALTO, Calif. — The Securities and Exchange Commission investigated Tesla over how it was selling its Model 3 sedan, but the company didn’t tell investors about it, and may still be under federal investigation, according to a new report. The firm led by CEO Elon Musk was under investigation by the securities regulator from June… Please follow and like us:

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Tesla Moves Too Fast, Produces Glitchy Cars

Tesla’s production line moves so quickly that the vehicles require many fixes before completion, and customers are still left with glitches and shoddy construction, according to nine former employees. Workers performing quality checks on the electric Model S sedans and Model X SUVs routinely find major defects that require the cars to be sent back for… Please follow and like us:

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Consumer Reports: Buick top 10 most reliable; Ford and Fiat Chrysler improve

DETROIT — When it comes to reliability, Ford and Fiat Chrysler have improved their performance ratings among drivers while General Motors has slipped. Still, GM’s Buick is the only U.S. brand to make Consumer Reports’ latest top 10 list of most reliable brands. The new Chevrolet Bolt electric car was GM’s most reliable model, scoring “above… Please follow and like us:

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Tesla tells hundreds of its employees they’re not good enough to work there

SAN FRANCISCO — Firing hundreds of workers all at once is rare, at least in the auto industry. But Tesla Inc. does things differently. Word leaked out Friday that the electric car, battery and solar roof company had bulk-fired several hundred employees. The Mercury News, which broke that story, said Tesla made clear that workers were… Please follow and like us:

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Tesla’s losses grow as Model 3 production ramps up

SAN FRANCISCO — As Tesla begins ramping up production of its crucial Model 3 sedan, the company on Wednesday reported a second-quarter net loss of $401.4 million, or $2.04 a share. The loss was better than analysts had expected, but still 37 percent higher than what the company reported in the same quarter last year. Tesla… Please follow and like us:

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How Much Is Elon Musk Worth? Tesla’s Stock Continues To Soar

It’s no secret that Elon Musk is a successful businessman. His multiple businesses including Tesla and SpaceX distinguished him as a leader in the electric car and private space exploration industries. He started SpaceX in 2002 and Tesla a year later, his third and fourth business ventures. SpaceX gained recognition in 2012 after it launched a… Please follow and like us:

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