You can no longer buy a $35,000 Tesla Model 3 — the price just went up (TSLA)

Tesla has raised the price of its least-expensive Model 3 sedan from $35,000 to $35,400, CNN reported. The electric-car maker did not immediately respond to Business Insider’s request for comment about the change. While the reported price increase is relatively small, Tesla had touted the Model 3’s $35,000 entry-level price before it started taking reservations… Continue reading You can no longer buy a $35,000 Tesla Model 3 — the price just went up (TSLA)

UPDATE 1-Ford to build more Lincolns for Chinese market locally -CFO

FILE PHOTO: A Lincoln car with self-driving equipment developed by Ford and Baidu is seen at a product launching event in Shanghai, China April 3, 2019. REUTERS/Yilei Sun/File Photo (Reuters) – Ford Motor Co plans to start production of new luxury Lincoln models in China for that market as they are launched, starting with the… Continue reading UPDATE 1-Ford to build more Lincolns for Chinese market locally -CFO

Ford to build more Lincolns for Chinese market locally -CFO

May 15 (Reuters) – Ford Motor Co plans to start production of new luxury Lincoln models in China for that market as they are launched, starting with the new Corsair later this year, to benefit from lower costs and avoid the risk of tariffs, a top executive said on Monday. “It’s a huge, huge opportunity… Continue reading Ford to build more Lincolns for Chinese market locally -CFO

Nissan set for weakest profit in 11 years as Ghosn woes, bleak sales weigh

YOKOHAMA (Reuters) – Nissan Motor Co forecast a 28% plunge in its annual operating profit, putting it on course for the weakest earnings in 11 years and underscoring its struggle to turn the page after former Chairman Carlos Ghosn was ousted. The lackluster outlook from Japan’s No.2 automaker – hit by Ghosn’s arrest last year… Continue reading Nissan set for weakest profit in 11 years as Ghosn woes, bleak sales weigh

San Francisco bans police from using facial recognition tools

This kind of thing has been banned in San Francisco, California San Francisco has become the first US city to ban its police force from using facial recognition tools. On Tuesday, city officials voted eight-to-one to implement a ban on surveillance technology amid concerns that it violates the privacy of citizens. The rules, which are set to… Continue reading San Francisco bans police from using facial recognition tools

Audi goes after Tesla Supercharger V3: ‘sustained power beats top power’

With the launch of Supercharger V3, Tesla pushed the industry to higher charge rates, but Audi argues that it doesn’t mean much if they can’t sustain it for a decent period of time. Charging speed is seen as one of the main features that need to be improved in order to facilitate the widespread adoption… Continue reading Audi goes after Tesla Supercharger V3: ‘sustained power beats top power’