Recently, Elon Musk lashed out at a new analysis claiming that nearly a quarter of the more than 400,000 advance reservations for Tesla‘s Model 3 battery-sedan have been canceled.
Author: CNBC Online news
Fiat Chrysler replaces CEO Marchionne amid health struggles, ending impressive near 10-year run
Sergio Marchionne, the maverick auto executive who created and oversaw nearly a decade of post-bailout growth at Fiat Chrysler, has been replaced as CEO amid ongoing health struggles.
Waymo’s self-driving cars log 1 million miles on public roads in a month
Waymo, the Alphabet self-driving car company that was spun out of Google, is picking up speed.
Tesla to unveil new model in St. Louis
Tesla said they have received nearly a half-million reservations for the new model. The Model 3 also was awarded Design of the Year by Automobile Magazine and designated a “recommended buy” by Consumer Reports. Read more from the St. Louis Business Journal: Rental scooters off St. Louis streets — for now How likely are you… Continue reading Tesla to unveil new model in St. Louis
Tesla shares fall after Needham downgrades to sell, citing possible increase in Model 3 cancellations
Tesla shares fell on Thursday after Needham & Co downgraded the stock to sell from hold, citing a possible pick-up in Model 3 cancellations.
Accidents linked to driving under the influence of drugs have soared in the past 10 years
Lawmakers on the House Energy and Commerce Committee held a hearing last week on the dangers of drug-impaired driving. There is growing concern in Congress over the issue as data from the Governors Highway Safety Association (GHSA) and the Foundation for Advancing Alcohol Responsibility finds that accidents from drugged driving have been on the rise… Continue reading Accidents linked to driving under the influence of drugs
have soared in the past 10 years
See the very first McLaren Senna get delivered in Manhattan. The luxury car cost $1.3 million.
Michael Fux has purchased dozens of super cars in his life, from Ferraris to Bugattis to Porsches. But this morning, his favorite car is a bright green McLaren Senna that he just purchased for $1.3 million.
Tesla will be profitable by September, says Gene Munster
Loup Ventures’ Gene Munster predicts the embattled automaker will be profitable by September.
Investors betting against Tesla are getting killed but not for the reason you may think: Cramer
Tesla seems to be able to weather negative headline after negative headline without any substantial decline because there are no “real sellers,” CNBC’s Jim Cramer said Thursday.
‘Made in America’ is not a priority for Harley-Davidson riders in Europe, says custom motorcycle builder
Harley-Davidson riders in Europe don’t care whether the iconic American motorcycles are made in the United States, custom motorcycle builder Alan Stulberg told CNBC.