Land Rover plans to add an all-electric Range Rover to its lineup in 2024, the brand said Tuesday. The announcement was made alongside its reveal of the 2022 Range Rover, the redesigned fifth generation of its luxury SUV that is loaded with tech, features an electrical architecture to support over-the-air software updates and sits on […]
Trillion dollar Tesla
Hark, all ye who pay attention to the stock market, for Elon Musk’s wheels-focused company broached the $1 trillion market cap threshold today. Yeah, it finally happened, so the Equity team quickly scrambled for the microphones. Chris put together the show, allowing Alex and Kirsten to dive into the matter. Kirsten, in case you aren’t […]
Tesla surpasses $1 trillion market value
Tesla’s market valuation hit and then surpassed the $1 trillion mark Monday, a milestone reached by the company 11 years after it became a publicly traded company. It also puts Tesla in select company with Apple, Amazon, Facebook and Google, all of which have market caps above $1 trillion. Tesla met the $1 trillion market […]
NTSB chair calls on Elon Musk to change design of Tesla Autopilot
National Transportation Safety Board Chairwoman Jennifer Homendy has called on Tesla to change the design of its advanced driver assistance system to ensure it cannot be misused by drivers, according to a letter sent to the company’s CEO Elon Musk. The letter, which TechCrunch has viewed, expressed concern that Tesla has yet to implement two […]
Elon Musk’s Boring Company gets initial OK to expand Loop under Las Vegas Strip
Elon Musk’s Boring Company received Wednesday the initial approval required to build a transportation system that would shuttle passengers in Tesla vehicles via a network of tunnels under Las Vegas. The approval by Clark County officials of a special use permit and franchise agreement would allow the Boring Company to expand its Vegas Loop system […]
Tesla charges forward with a record quarterly profit of $1.6 billion
Tesla continued its profitability streak, reporting Wednesday net income of $1.62 billion in the third quarter, a nearly fivefold increase from the $331 million it earned in the same period last year. The record-setting profit came thanks to record sales and despite a global chip shortage and supply chain constraints that have affected the industry. […]
Porsche’s all-electric Taycan outsells its flagship 911 sports car
The all-electric Porsche Taycan outsold the German automaker’s iconic internal combustion-powered 911 sports car in the first nine months of the year, a milestone for the EV that was introduced in late 2019. The sales figures released Friday show that Porsche delivered 217,198 vehicles worldwide in the first three quarters, a 13% increase year over […]
The mystery of Elon Musk’s missing gas
An environmental document that needs U.S. Federal Aviation Administration approval before SpaceX can begin testing the world’s largest rockets is missing key details about where its fuel will come from, experts say. The draft programmatic environmental assessment (PEA) for SpaceX’s Starship and Super Heavy launch vehicles, which Elon Musk hopes will soon be shooting into […]
GM builds new center to unlock cheaper, longer range batteries
General Motors is building a new facility at its Warren, Michigan campus aimed at unlocking breakthrough cell technology that will drive down the cost of batteries while improving their range. The automaker said Tuesday that the initial phase of the Wallace Battery Cell Innovation Center, which will be about 300,000 square feet and located on […]
The 2022 Ford Maverick is a compact truck light on capability and chock full of potential
The Ford F-series pickup is America’s truck. At least, that’s what the numbers tell us. It’s been America’s top-selling vehicle for close to half a century. While the Chevrolet Silverado and Ram’s series of pickups are worthy competitors, Ford still sells tens of thousands more units than either one. If you spend any time with […]