Elon Musk has said hitting the door of Tesla’s new Cybertruck with a sledgehammer damaged its armoured glass which then broke during a failed demonstration of the new vehicle.
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Ford is reinventing one of its marquee models – the Mustang muscle car – as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade.
It took Tesla about 15 years to rack up US$5-billion in losses. The company known as China’s Tesla did it in four.
Mercedes-Benz gave car buyers a glimpse of the top-end of its electric model plans, showing off a sleek silver battery-powered concept version to complement the flagship S-Class sedan.
After a bumpy start for sister brand Audi’s e-Tron, the Taycan is for the time being the flag-carrier in VW’s massive drive to unseat e-car pioneer Tesla.
When manufacturers are unveiling cars that can’t be driven for years to come, and the very people able to afford them are over the hype anyway, it raises the question: have we reached peak supercar?
Zimbabweans are relying on Tesla to help them pay their bills. Amid power outages of as long as 18 hours a day, Econet Wireless is turning to the Palo Alto, California-based automaker for batteries that can keep its base stations running.
BMW’s first electric Mini will hit the streets by the end of the year, targeting urban buyers and giving the German manufacturer more ammunition to compete with Volkswagen and Tesla.
For Elon Musk and Tesla, the blows from Wall Street came one after another this week – a relentless barrage that left the stock so beaten up that some now wonder if it can ever regain its status as the ultimate 21st century disrupter.