D.J. Twitty was taking it all in: the jackmen lifting the racecars, the whizzing of air guns screwing in lug nuts, the slinging of 50-pound wheels. For a South Carolina native like the 24-year-old Twitty, the cacophonous scene was just this side of paradise. “I’m ready to make this my home,” Twitty said. He was… Continue reading NASCAR Pit Crews Are Recruiting College Football Players
Author: New York Times Online News
Texas Sues General Motors for Collecting and Selling Driver Data
The state of Texas sued General Motors on Tuesday, accusing the automaker of collecting detailed driving data on 16 million drivers and selling it to insurance companies without their consent. “Millions of American drivers wanted to buy a car, not a comprehensive surveillance system that unlawfully records information about every drive they take and sells… Continue reading Texas Sues General Motors for Collecting and Selling Driver Data
Stellantis to Lay Off Up to 2,450 at Ram Truck Plant in Warren, Michigan
Stellantis announced plans on Friday to lay off as many as 2,450 workers later this year at a pickup truck plant near Detroit, the latest sign of trouble for the trans-Atlantic automaker. The layoffs are expected to begin as early as Oct. 8 at the Ram truck plant in Warren, Mich., where production will be… Continue reading Stellantis to Lay Off Up to 2,450 at Ram Truck Plant in Warren, Michigan
Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.
As sales of its electric cars have fallen, Tesla and its chief executive, Elon Musk, have sought to convince Wall Street that the company’s future lies not in the grinding business of making and selling cars but in the far more exciting world of artificial intelligence. In Mr. Musk’s telling, one of Tesla’s main A.I.-based… Continue reading Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.
Delaware Judge Questions Tesla About Vote on Elon Musk’s Tesla Pay
A Delaware judge on Friday questioned lawyers for Tesla about why the company asked shareholders to vote on a $55 billion pay package for its chief executive, Elon Musk, after she had struck it down in January. The judge, Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery, noted at a hearing in… Continue reading Delaware Judge Questions Tesla About Vote on Elon Musk’s Tesla Pay
Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.
As sales of its electric cars have fallen, Tesla and its chief executive, Elon Musk, have sought to convince Wall Street that the company’s future lies not in the grinding business of making and selling cars but in the far more exciting world of artificial intelligence. In Mr. Musk’s telling, one of Tesla’s main A.I.-based… Continue reading Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.
Chinese E.V. Makers Are Upending Thailand’s Auto Market
Ma Haiyang and eight of his colleagues arrived in Thailand a year ago to establish the first overseas operation for GAC Aion, an electric vehicle maker from China. They had no office, no factory, no local employees and, basically, no clue. The Aion team set up shop in a Bangkok hotel, commandeering conference rooms and… Continue reading Chinese E.V. Makers Are Upending Thailand’s Auto Market
Are Electric Cars Worth the Money?
Electric vehicles cost more to buy than gasoline cars, and they may lose value more quickly. Even for people eager to own a car with no tailpipe emissions, it’s reasonable to wonder whether it makes sense to buy one now. The answer may well be yes, but there are a lot of factors to consider,… Continue reading Are Electric Cars Worth the Money?
Between Attacks on Electric Cars, Trump Says They’re ‘Incredible’
Former President Donald J. Trump has spent years ridiculing electric vehicles, saying they don’t go far, are too expensive and are made in China. He has promised to end federal support for electric vehicles, a central feature of President Biden’s strategy to cut the carbon dioxide that is heating the planet. But in recent months,… Continue reading Between Attacks on Electric Cars, Trump Says They’re ‘Incredible’
Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales
Tesla on Tuesday reported a 45 percent drop in profit in the three-month period between April and June, a result of the electric car company’s sluggish sales. The automaker said it earned $1.5 billion in the second quarter of the year on revenue of $25.5 billion. In the second quarter of 2023, Tesla made $2.7… Continue reading Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales