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Top Volkswagen and Xpeng executives pose at the German automaker’s launch event in Beijing, China, on Aug. 24, 2024. Bloomberg | Bloomberg | Getty Images Shares of Volkswagen and Xpeng both rose on Monday after the two firms announced plans to expand their partnership in electric vehicle charging stations in China. The German automaker and […]
Things aren’t going so great at Volkswagen right now, and while the latest scandal likely won’t rise to the level of the diesel emissions scandal, a security lapse by VW’s in-house software developer Cariad did expose the locations of about 800,000 electric vehicles to hackers. The app owners used to access many of… Read more… […]
Since its launch a year ago, Tesla’s flagship Cybertruck electric truck has been stumped by all kinds of pretty mundane obstacles. It’s so far been caught out by snow, slight inclines, water and now one Cybertruck owner reports that a pothole left them with a $34,000 repair bill. – Owen Bellwood Read More Read more… […]
Underwater Car Shoppers, Rogue Teslas And The Deadliest Cars On The Road In This Week’s News Roundup
Photo: Jaguar The most annoying and stupid people on the internet have been screaming about Jaguar’s “woke” rebrand for almost a month now, despite the teaser campaign being extremely typical fashion-adjacent stuff that’s fitting for the new concept’s launch happening at Miami Art Week, and the “Copy Nothing” tagline actually being the company founder Sir […]
Three people have been killed in India after the route they were following on Google Maps reportedly took them over the edge of a damaged bridge. The three men drove off the bridge crossing the Ramganga River in northern India, despite the span being badly damaged earlier this year. – Owen Bellwood Read More Read […]
After dealing with things like arrests over false complaints of rental thefts and a bad EV bet that’s seen a massive sale of a bunch of cheap Teslas, Hertz has another problem on its hands, at least at one of its locations. Workers at a Hertz in Syracuse, New York, abandoned their posts, resulting in […]
Elon Musk at the tenth Breakthrough Prize ceremony held at the Academy Museum of Motion Pictures on April 13, 2024 in Los Angeles, California. The Hollywood Reporter | The Hollywood Reporter | Getty Images On Saturday, Elon Musk shared who he is endorsing for Treasury secretary on X, a cabinet position President-elect Donald Trump has yet […]
CNBC’s Jim Cramer examined Tuesday’s market action, saying the rally fueled by the victory of President-elect Donald Trump took a breather as Wall Street weighs what broad tax cuts could mean for the bond market. “If you believe we’re about to get big tax cuts, remember that somebody eventually has to pay for the missing […]
Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his first assassination attempt in Butler, Pennsylvania, on Oct. 5, 2024. Jim Watson | Afp | Getty Images Tesla and SpaceX CEO Elon Musk, the billionaire backer of newly minted President-elect Donald […]
The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other. “They should come out probably in about two or three months,” Venuto, the firm’s chief investment officer and co-founder, said on CNBC’s […]