By Joey Klender Posted on February 10, 2022 Tesla (NASDAQ:TSLA) revealed in a 13-G filing with the SEC that Vanguard Group, a passive fund manager based out of Malvern, Pennsylvania, has purchased additional shares of the electric automaker’s stock. The filing shows that Vanguard increased its holdings to 62,448,572 aggregate shares owned, making its total
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10:20 AM ET Sebastian Vettel has defended FIA race director Michael Masi and said the Australian deserves to keep his job despite botching the finish of last year’s title-deciding Abu Dhabi Grand Prix. Masi implemented the rules incorrectly to force a one-lap sprint race in Abu Dhabi, which helped Max Verstappen overtake Lewis Hamilton to
Reuters Two of the world’s biggest carmakers, Ford and Toyota, say production is being disrupted by trucker protests in Canada. Plants have been forced to shut because car parts are being held up at two US border points blocked by truckers protesting against a vaccine mandate. Canada’s Transport Minister, Omar Alghabra, called it an illegal
In this article 9868-HK A Xpeng P7 car is on display at a Xpeng experience store on December 10, 2021 in Shanghai, China. Wang Gang | Visual China Group | Getty Images Chinese electric vehicle maker Xpeng plans to open its first self-operated store outside of China this week and deepen its retail network with
Uber Technologies Inc. plans to outline its strategy for growth and new business opportunities when it holds its first investor day as a public company on Thursday, after teasing news on a global car-sharing network and improved algorithms to keep costs low. Company executives during a fourth-quarter earnings call on Wednesday said they would provide
Valeo agreed to acquire Siemens’ stake in their 5-year-old electric-car components venture to bolster its position in the rapidly expanding EV market. Valeo will buy the 50 percent holding for 277 million euros ($317 million), the supplier said in a statement. The deal will raise the French company’s net debt by 741 million euros. The
Polestar, the Swedish premium EVvehicle startup backed by Volvo, will join the crowd of automakers pitching EVs during the Super Bowl. The brand, founded in 2017, will run a 30-second spot with a serious message that aims to counter the celebrity-filled, lighthearted Super Bowl spots put out by a spate of brands, including automakers. A
Nissan launched a redesigned Frontier for the 2022 model year, and the new mid-size pickup truck is not only a huge improvement on its predecessor, it also outshines some of the competition. As a result, the new Frontier is likely to appeal to more than just your average work truck buyer. Nissan is well aware
2:48 PM ET Associated Press The Red Bull Formula One team has secured a new title sponsorship worth around $500 million with technology firm Oracle, placing it among the most lucrative commercial deals in sports. The five-year deal is a lift to the team ahead of the season beginning next month when Max Verstappen will
In this article TSLA Transportation Secretary Pete Buttigieg on Wednesday recognized Tesla as a pioneer of electric vehicle manufacturing in the U.S. “We admire the range of American companies that have innovated, including Tesla, which did so much to make EVs possible in America,” Buttigieg said in an interview on CNBC’s “Squawk Box.” “Now it’s
When will consumers be able to own vehicles that allow them to be disengaged from the driving process and fully rely on automated systems to get them where they need to go? Some industry experts and consumers feel that concept is a “Jetsons”-style dream, while others believe it will be reality sooner rather than later.
BERLIN — Production at Tesla’s German factory will not start until mid-March at the earliest, local broadcaster RBB reported. Authorities are currently still reviewing the factory’s safety precautions, RBB reported, without citing any sources. A spokesperson for the state environment ministry said “we do not specify a concrete date,” but “we are in the final
Tesla‘s big sales surge in recent months made the EV maker look like a sure bet to overtake BMW to become the luxury segment leader for 2021. But according to newly released U.S. vehicle registration data from Experian, BMW managed to hang on to its crown for the year. Tesla came in at No. 2,
With spring on the horizon, you might be looking at ways to have a sustainable camping trip once the weather warms up. If so, then the Paxcess 60W solar panel should be folded up and with your camping gear come springtime. It packs 60W DC output at 18V as well as 18W USB-C and 24W
11:02 AM ET Red Bull has launched the car that Max Verstappen will use in his title defence this year. Images of the car and its new livery leaked on social media shortly before the official launch video was aired across various online platforms, including Red Bull Racing’s YouTube account. The Red Bull RB18 in
Road rage incidents are far too common, but one in Boston is raising eyebrows because it involved a police officer. According to the Suffolk County District Attorney’s Office, 37-year old Boston Police Officer Christopher Curtis pleaded guilty to a variety of charges following a road rage incident that occurred on March 1, 2019 while he
In this article BMW-DE Arnold Schwarzenegger and Salma Hayek Pinault star as the Greek gods Zeus and Hera for BMW’s new Super Bowl ad for the iX electric SUV. BMW Arnold Schwarzenegger and Salma Hayek Pinault star as Greek gods in a 60-second Super Bowl ad for BMW’s new iX electric vehicle. The ad features
Here are some of the technologies that are extending the life of the internal combustion engine by making it more efficient.Displacement on demand: Shuts down unneeded cylinders once a vehicle reaches highway speeds. Variable compression ratio: Enables an engine to run more efficiently based on speed and load. Nissan is the only manufacturer to offer
BERLIN — Volkswagen has implemented a quota system in its German retail network for its ID battery-electric cars amid the microchips crunch. VW has been forced to pause production of ID cars on some occasions at its plants in Zwickau and Dresden, Germany because of the global semiconductor shortage. Under the quota system, dealerships with
TOKYO — Lower incentives on American vehicles are helping Honda Motor Co. weather the global semiconductor shortage and COVID-19 pandemic, but the company says there may be some adjustments in store as inventories and supply return to more normal levels this year. In announcing quarterly financial results on Wednesday, the automaker cited the dialed-down spiff
When the 2023 Mini Cooper lineup goes into production on March 1 three new special editions will come online, dubbed Resolute, Untold, and Untamed. On Tuesday, Mini announced the three special editions, which will start from $36,750 when they reach dealerships. Green and gray must be Mini’s colors for 2023 because that’s the common theme
Kia has unveiled the first eve plug-in hybrid version of its long-running Sportage SUV (the brand’s longest-running, in fact), which is also available in pure gasoline, diesel, and hybrid forms depending on the market. The Sportage PHEV is based on the fifth-generation of the model revealed last year in June and it promises to deliver
The 2022 Subaru WRX was one of 2021’s most eagerly awaited releases and reviews have been showing it has promise. But is it good enough to overcome its questionable looks and lackluster performance on paper? And is it different enough from the previous generation? According to Throttle House, the answer is yes. The new car
10:00 AM ET Joe DeMartinoESPN Editor Close General Editor Joined ESPN in 2006 Massachusetts native, Northwestern graduate Formula One, Lego and McLaren F1 driver Lando Norris are teaming up for an extremely cool Lego set. If you’re anything like me (sorry if you are), you spent a significant portion of your childhood putting together Lego
Street racing is a rather stupid thing to do, especially in a crowded street with incoming traffic. This however didn’t stop the driver of a Dodge Challenger and a previous-gen Ford F-150 to challenge each other to an illegal race which unsurprisingly ended in ridicule. The video, uploaded on Instagram by Mopar.Angel, shows the three
In this article DCFC TSLA US President Joe Biden, speaks about rebuilding manufacturing on February 8, 2022, from the South Court Auditorium in Eisenhower Executive Office Building, in Washington, DC. Brendan Smialowski | AFP | Getty Images President Joe Biden publicly acknowledged Tesla for the first time in his presidency on Tuesday, noting the company’s
Not only are the ways vehicles are powered and driven changing rapidly, but how drivers and passengers interact with them is certain to change in the coming years. From technology that can monitor the health of drivers and passengers to augmented reality displays, automakers, suppliers and tech companies have signaled that the car of the
Volvo Cars will launch production of a new electric crossover at its U.S. assembly plant in early 2025. The model, as described by two sources familiar with the plans, will slot between the midsize XC60 and large XC90 crossover in size. The EV is based on a new electric platform and will feature advanced autonomous
U.S. President Joe Biden publicly acknowledged Tesla’s role in U.S. electric vehicle manufacturing on Tuesday, after CEO Elon Musk repeatedly complained about being ignored. “From iconic companies like GM and Ford building out new electric vehicle production to Tesla, our nation’s largest electric vehicle manufacturer, to innovative younger companies,” Biden said, adding other start-ups and
By Joey Klender Posted on February 8, 2022 Tesla’s “rolling stop” feature was a hot topic in the automotive circuit last week. Now that it is officially removed from all Tesla vehicles, two U.S. Lawmakers with a history of calling out the electric automaker have drafted a new letter, wondering why the feature ever existed