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When the Tesla Cybertruck was revealed, my gut reaction — like a lot of people's — was not positive, even though I generally enjoy bold car design and love many wedgie, edgy sports cars and concepts. It still has a futuristic and angular shape, but those subtle curves give it a finished, sophisticated look. Spelling out the Tesla name would be a great option — the Tesla logo font has an angular, minimal look that's a perfect complement to the Cybertruck's overall design.
U.S. and Chinese trade negotiators are reportedly planning for a delay in tariffs due to take effect on Sunday, while Democratic lawmakers reached an agreement with the Trump administration to support a trade deal with Mexico and Canada. House Democrats also announced two articles of impeachment against President Donald Trump. The Wall Street Journal reported today that U.S. and Chinese trade negotiators are laying the groundwork to delay a fresh round of tariffs on $165 billion worth of Chinese imports set to kick in on Dec. 15.
The United States Mexico Canada Trade Agreement is similar to the North American Free Trade Agreement, or Nafta, with a few important changes.
Japanese automaker Toyota Motor Corp (NYSE: TM ) is speeding up efforts to launch its first battery-operated Lexus vehicles by 2020, according to The Nikkei Asian Review . The luxury vehicle division ...
German-based chemical company BASF has reportedly planned to build a cathode factory to the tune of €500 million in the state of Brandenburg, Germany, that will cater to materials for the battery production of electric cars. The existing BASF plant in Schwarzheide, Brandenburg, accommodates 1,973 workers, and the new cathode factory is expected to employ close to 8,000 people once set up.
Tesla, Eldorado Resorts, Dick???s Sporting Goods, Gaming and Leisure Properties and Target highlighted as Zacks Bull and Bear of the Day
Privately held supercar company McLaren wants to build electric vehicles in the near future. When they do, McLaren’s offerings will directly compete with the high-end Tesla Roadster due out in 2020 or 2021.
Leading Chinese billionaire entrepreneurs are investing heavily in electric vehicles, but their roads to profitability may be rocky.
Dow book a triple-digit loss Monday, and all three major U.S. stock indexes end lower, as investors wait on global central bank policy updates this week and a key tariff deadline on Sunday.
Elon Musk’s company wants to mount lasers on its cars. Even if the technology doesn’t work, the patent application illustrates one thing: Tesla is a master at generating buzz.
Tesla's long-term vision of selling a diverse fleet of electric cars at multiple price points is well understood by investors. Investors were worried about production issues as little as three months ago.
The Dow Jones was under mild selling pressure along with the other major stock indexes Monday as Wall Street eyed the Dec. 15 China tariff deadline.
(Bloomberg) -- Another Tesla Inc. vehicle operating on the carmaker’s driver-assistance system branded as Autopilot has crashed into a parked emergency vehicle, eliciting fresh warnings about the shortcomings of automated technology on public roads.A Tesla Model 3 sedan hit a parked police cruiser with its hazard lights flashing on a major highway near Norwalk, Connecticut, over the weekend. The collision occurred around 12:40 a.m. local time Saturday, when a highway-patrol vehicle stopped to assist a disabled SUV in the left-center lane of Interstate 95, according to a Connecticut State Police report.“When operating a vehicle your full attention is required at all times to ensure safe driving,” the state police wrote Saturday in a Facebook post. “Although a number of vehicles have some automated capabilities, there are no vehicles currently for sale that are fully automated or self-driving.”A similar incident last year in which a Tesla Model S slammed into the rear of a fire truck on a Southern California highway triggered an investigation by the U.S. National Transportation Safety Board. While neither crash resulted in injuries, both raise questions about the use and limitations of advanced driver-assist technology that can struggle to detect stationary objects.There’s no indication at this time that the NTSB’s Office of Highway Safety intends to investigate the latest crash, a spokesman for the agency said in an email. Representatives for Tesla didn’t immediately respond to requests for comment.On Saturday, the 2018 Model 3 was traveling in the same lane as the parked police cruiser, which it hit before continuing on and damaging the bumper of the disabled Jeep. The rear end of the police cruiser and front end of the Model 3 sustained “heavy” damage, but the state trooper was outside the police car at the time of the accident, according to the police report.The driver of the Tesla told police his car’s Autopilot feature had been activated and he was not facing forward -- he was checking on his dog in the back seat, according to the state police’s Facebook post. Police issued him a ticket for first degree reckless driving and endangerment.Tesla releases quarterly reports that it says indicate drivers using Autopilot are safer than those operating without it. The company also has said the system repeatedly reminds drivers they are responsible for remaining attentive and prohibits the use of Autopilot when warnings are ignored.(Updates with NTSB spokesman’s comment in fifth paragraph.)\--With assistance from Ryan Beene.To contact the reporter on this story: Chester Dawson in Southfield at email@example.comTo contact the editors responsible for this story: Craig Trudell at firstname.lastname@example.org, David WelchFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
“Musk is a product of our age. Entitled, arrogant, unbelievably rich and powerful, he reckons normal rules don’t apply to him,” Shard Capital strategist Bill Blain wrote in a note on Monday.
The driver of the Tesla Model 3 said he had turned on the car’s Autopilot feature and was checking his dog when his car rear-ended the police car, and then also hit a stalled car. There were no serious injuries.
A Tesla Model 3 on auto-pilot early Saturday morning crashed into two vehicles — one of them belonged to the Connecticut State Police. The driver explained that he was checking on his dog in the backseat.
U.S. stocks edged lower at the opening bell on Monday ahead of a busy week packed with meetings by the Federal Reserve and the European Central Bank. Investors are also on the lookout for signs of easing trade tensions ahead of the Dec. 15 deadline for additional duties on Chinese imports. The S&P 500 was down 0.1% to 3,142. The Dow Jones Industrial Average shed 50 points, or 0.2%, to around 27,965. The Nasdaq Composite was up by less than 0.1% to 8,659. Major stock-market benchmark indexes remain less than a single percentage point away from their record closes set on Nov. 27. In company news, shares of Tesla Inc. were in focus after reports said that a Tesla Model 3 crashed while on autopilot.
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk took his new wheels out for a spin in Los Angeles, marking the first time he publicly drove a prototype well before release. The monstrous Cybertruck drew gawkers — including A-List celebrities like Edward Norton — in the Nobu parking lot before Musk hopped in the driver’s seat, his musician girlfriend, Grimes, got in the passenger’s seat, and the clunky truck sped away, leaving an over-turned traffic cone in its wake. Over the weekend, it was spotted outside Los Angeles International Airport and on the I-405.
What’s it like to drive a $210,000 car with 600 horsepower and 465 foot-pounds of torque that can go zero to 60 in about three seconds? It’s fun.