The Verge - Transportation Posts |
- Elon Musk blames ‘supply chain price pressure’ for Tesla’s increasing prices
- Yes, the SEC has noticed Elon Musk’s Tesla stock price tweet
- BMW’s iX electric SUV with 300 miles of range will start at $82,300
- BMW’s i4 sedan is the electric 4 Series you’ve been waiting for
- Rimac reveals the Nevera, a 1,900-horsepower electric hypercar
| Elon Musk blames ‘supply chain price pressure’ for Tesla’s increasing prices Posted: 02 Jun 2021 02:15 AM PDT  Tesla CEO Elon Musk has blamed supply chain price pressure for incremental price increases the company has made to its Model 3 and Model Y vehicles over the past several months. "Prices increasing due to major supply chain price pressure industry-wide," the CEO tweeted in response to a complaint about the changes. "Raw materials especially." Today, the CEO followed up to say that "microcontroller chips" are a particular challenge right now. But although Musk said that he's "never seen anything like it," he added that he doesn't expect this to be a long-term issue. "Fear of running out is causing every company to overorder – like the toilet paper shortage, but at epic scale." Musk had previously indicated in an April earnings call that...  |
| Yes, the SEC has noticed Elon Musk’s Tesla stock price tweet Posted: 01 Jun 2021 04:08 PM PDT  The Securities and Exchange Commission believes Elon Musk has violated his 2018 settlement agreement twice, according to correspondence obtained by The Wall Street Journal between the SEC and Tesla. The agreement requires a lawyer to approve his tweets about the company. Tesla lawyers didn't review Musk's May 2020 tweet about how Tesla's stock price was "too high imo" before he published it. The company's lawyers also didn't approve a July 2019 tweet about Musk's goal to make 1,000 of Tesla's solar roofs per week by the end of that year. The SEC sent the letters to Tesla in 2019 and 2020 shortly after each tweet, but has not taken any apparent enforcement action against Musk or the company.  |
| BMW’s iX electric SUV with 300 miles of range will start at $82,300 Posted: 01 Jun 2021 03:01 PM PDT  When BMW first revealed its flagship iX electric SUV in November, we speculated that it would cost $70,000 or more, based on its luxury styling and upgraded battery. Well, we were right — sort of. The German automaker has just announced that when it goes on sale early next year, the new EV's suggested price tag will exceed $80,000. That puts the iX squarely in Tesla Model X territory and leaves open the possibility that it may dethrone Elon Musk's falcon-winged EV as the luxury SUV of choice for consumers. It will also compete with the Audi E-tron, Jaguar I-Pace, and Mercedes EQC when it eventually hits dealerships in the first quarter of 2022. According to BMW, the iX will start at $82,300 for the iX xDrive 50 when preorders for the...  |
| BMW’s i4 sedan is the electric 4 Series you’ve been waiting for Posted: 01 Jun 2021 03:01 PM PDT  The latest EV from Bavaria is a $55,400 luxury sedan with 300 miles of range  |
| Rimac reveals the Nevera, a 1,900-horsepower electric hypercar Posted: 01 Jun 2021 12:57 PM PDT  The Rimac C_Two concept has evolved into a production-ready electric hypercar called the Nevera, and it's still just as absurd as it was three years when it first broke cover at the 2018 Geneva Motor Show. Powered by a 120kWh battery pack, the Nevera uses four electric motors — one for each wheel — to put down an almost unbelievable 1.4MW of power, which Rimac says is roughly equivalent to 1,914 horsepower. The quad-motor setup can push the car to 60 miles per hour from a standstill in just 1.85 seconds. It has a top speed of 258 miles per hour. What's more, Rimac says one of the things it worked on over the last three years was improving the battery pack's liquid cooling system, meaning drivers can use that peak power for longer before...  |
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