Tesla Stock Pounded by Bad News and Cold Weather Killing Elon’s Cars
Elon Musk's Tesla is set to close in 2024 following bad news in China, Hertz's exit from the EV market and reports that cold weather is turning Tesla's charging stations into “car graveyards.” is facing a significant drop in market valuation of $94 billion in just a few weeks. Electric car. bloomberg report Elon Musk's […]
65% Unlikely to Buy Electric Cars as They Strand Drivers in Winter Freeze
An overwhelming majority of Americans said Tuesday they are unlikely to consider buying an electric vehicle (EV). The poll was conducted amid a winter freeze across the United States, with electric vehicles leaving drivers stranded in their homes or on the side of the road. rasmussen report released The poll found that 65% of American […]
Elderly couple pleads guilty to keying luxury cars in broad daylight during road rage fit
An elderly couple keyed their luxury car in broad daylight in a fit of traffic rage, a court was told. Raymond Edwards, 70, and his wife Barbara Edwards, 70, each pleaded guilty to one count of manslaughter in the Brisbane Magistrates Court on Tuesday. The two were subsequently charged Camera captures keystrokes in luxury car […]
Tesla owners stranded after cars led them to frozen chargers
Tesla drivers in the Chicago area waited hours in the freezing cold to charge their cars, with some having to have their cars towed after their batteries died. Other drivers were directed to charging stations that were completely unusable. Electric cars were lined up at charging stations in Evergreen Park, Illinois, but some stations were […]
China Becomes World’s Top Exporter of Cars
It is reported that China has surpassed Japan and has become the world's largest exporter of automobiles, far ahead of the United States. According to the China Passenger Vehicle Association, light vehicle exports will increase by a massive 62% in 2023, making China now the world's largest automobile exporter. Automotive News report. Last year, China's […]
Hertz Selling Off 20K Electric Cars to Buy Gas-Powered Cars
In a blow to President Joe Biden's green energy policies, rental car company Hertz is selling tens of thousands of electric vehicles (EVs) and buying gas-powered ones, citing lack of demand. Hertz executives announced Thursday that the company will sell 20,000 EVs, about 33% of its total EV fleet. In return, Hertz will use the […]
Army employee accused of stealing over $100M from military youth program to buy homes, jewelry and cars: DOJ
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Volkswagen brings ChatGPT into compact cars
Barron's Roundtable panelists discuss the evolution of AI and how investors can look for opportunities in emerging technologies. Volkswagen is Artificial intelligence (AI) The technology behind ChatGPT was unveiled Monday at the electronics trade show CES in Las Vegas. This new feature will allow drivers to read out the survey while driving. volkswagen model They […]
China-Backed Automaker Becomes World’s Biggest Seller of Electric Cars
With financial support from the Chinese Communist Party (CCP), China's leading automaker BYD is now the world's largest electric vehicle (EV) seller, ahead of US-based Tesla. It has become. President Joe Biden has made EVs a centerpiece of his “bidenomics” policy, and China has been declared the “king” of the global EV market. according to […]
Driverless Cars Are Untouchable by California Traffic Citations
In California, self-driving cars can drive around town without risking a traffic ticket because of current legal restrictions in Gov. Gavin Newsom's troubled state. NBC News report He said the rapid advancement of self-driving vehicle technology in California highlights significant legal oversights. Although self-driving cars are involved in various traffic accidents and traffic violations, they […]