A great vehicle can change how people see a brand. That, in a sentence, is the reason Cadillac created the extraordinary Celestiq, a show car GM Design unveiled on Instagram Friday morning. Built by hand and tailored like an exquisite suit, the electric Celestiq will be more like a Rolls-Royce than anything Cadillac’s sold since… Continue reading Cadillac’s Celestiq starts at $300K, will be tailored to each owner’s liking
Tag: Tesla
VW Group CEO Herbert Diess is out
Volkswagen Group CEO Herbert Diess, the embattled executive who has survived a number of confrontations and power struggles with the board and unions over the past two years, is leaving the company. The VW AG board said Friday it has appointed Porsche boss Oliver Blume to head up the massive company that includes brands Audi,… Continue reading VW Group CEO Herbert Diess is out
Tesla Semi electric truck with impressive artwork spotted on the highway
A Tesla Semi electric truck with some impressive artwork was spotted on the highway. Based on its location, it looks like Tesla is putting the electric truck to work in its own operations. Tesla Semi might be the automaker’s most disappointing program to date. When the original prototype was unveiled in 2017, it sent waves… Continue reading Tesla Semi electric truck with impressive artwork spotted on the highway
Tesla (TSLA) is surging and the shorts are hurting
Tesla’s stock (TSLA) is surging following its Q2 2022 financial results, and the shorts are hurting on what is surprisingly still the most betted against company in the world. On Wednesday night, Tesla released its Q2 2022 financial results and beat market expectations by a considerable margin despite facing a lot of difficulties. The results have sent… Continue reading Tesla (TSLA) is surging and the shorts are hurting
Tesla strikes deal to have its own exclusive lane at US-Mexico border
Tesla has managed to strike a deal with the state of Nuevo Leon to have its own lane at the US-Mexico border, which should help the company and its suppliers get across faster. Nuevo Leon is a weirdly shaped state that managed to have its border drawn in a way that gave it a little… Continue reading Tesla strikes deal to have its own exclusive lane at US-Mexico border
VW appoints Porsche CEO to succeed Diess after tumultuous tenure
Volkswagen AG will elevate Porsche chief Oliver Blume to replace Herbert Diess, who will leave his position leading the world’s second-largest automaker in a surprise shake-up. Diess will vacate his post by Sept. 1, the company said Friday. New Chief Executive Officer Blume, who will continue his role as the head of the Porsche brand,… Continue reading VW appoints Porsche CEO to succeed Diess after tumultuous tenure
BLOG Should dealers get a commission on over-the-air sales?
Most manufacturers have some ambition in their strategic plan to generate some billions of additional profit in a few years from the sale of digital services. Inspired by companies like Apple, these are seen to be very high margin products delivered over-the-air throughout an extended period of the life of the car. This is not… Continue reading BLOG Should dealers get a commission on over-the-air sales?
Twitter blames Musk, weak ad market for revenue drop, net lossAdvertising revenue rose just 2% to $1.08b
Twitter Inc on Friday blamed its ongoing battle to close its $44-billion acquisition by Elon Musk and a weakening digital advertising market for a surprise fall in quarterly revenue and a net loss. The results come as Twitter has sued Musk for dropping his offer to buy the company, and is now preparing for a legal showdown in a trial set to begin in October. The deal uncertainty has… Continue reading Twitter blames Musk, weak ad market for revenue drop, net lossAdvertising revenue rose just 2% to $1.08b
Apple’s new U1-enabled Nearby Interactions feature is on its way
Apple developers got a taste of iOS 16’s new Nearby Interactions feature at WWDC last month that lets third-party smart devices talk to Apple’s ultra-wideband (UWB) U1 chips in the background for “new hands-free user experiences” — making things like activating a light bulb when just walking by it possible. Developers can take advantage of… Continue reading Apple’s new U1-enabled Nearby Interactions feature is on its way
Volkswagen CEO Herbert Diess to be replaced by Porsche chief in major shake-up
In a major shake-up, Volkswagen CEO Herbert Diess is stepping down as head of the world’s second-largest automaker and will be replaced by Porsche chief Oliver Blume, the company announced Friday. Blume will replace Diess in his role as chairman of the board of management on September 1st, the company announced. In a statement, Hans… Continue reading Volkswagen CEO Herbert Diess to be replaced by Porsche chief in major shake-up