Lucid CEO agrees with Musk that America doesn’t need cheap cars
Lucid CEO Peter Rawlinson says the market for cheap electric cars is terrible. He believes other carriers should license its technology rather than build low-cost Lucid. Other brands may already be planning to launch affordable electric cars with or without Lucid. Tesla and Elon Musk have long promised to launch a $25,000 electric car. That promise ultimately fell by the wayside, as Musk recently called the idea pointless. Now Lucid CEO Peter Rawlinson says his car company isn't interested in that price point either. At the same time, he is hopeful about the low-price market. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); "This market is notorious because you get into large-scale manufacturing -- horrible, low-margin...putting a manufacturing base for millions of these vehicles," Rawlinson said of affordable electric cars in a recent Bloomberg podcast. It’s meaningless.” Read: Lucid Air Sapphire beats Porsche Taycan Turbo GT in most…
Lucid CEO agrees with Musk that America doesn’t need cheap cars
He believes other brands can achieve this by licensing Lucid technology November 19, 2024 09:17 Lucid CEO Peter Rawlinson says the market for cheap electric cars is terrible. He believes other carriers should license its technology rather than build low-cost Lucid. Other brands may already be planning to launch affordable electric cars with or without Lucid. Tesla and Elon Musk have long promised to launch a $25,000 electric car. That promise ultimately fell by the wayside, as Musk recently called the idea pointless. Now Lucid CEO Peter Rawlinson says his car company isn't interested in that price point either. At the same time, he is hopeful about the low-price market. "This market is notorious because you get into large-scale manufacturing -- horrible, low-margin...putting a manufacturing base for millions of these vehicles," Rawlinson said of affordable electric cars in a recent Bloomberg podcast. It’s meaningless.” Read: Lucid Air Sapphire beats Porsche Taycan Turbo GT in most powerful drag race yet But…
Mexico wants Elon Musk to clarify his intentions there
Tesla announced in March 2023 that it would build a new factory in Mexico, but Musk shelved the plan after aligning with Trump go through Brad Anderson November 11, 2024 14:37 Tesla confirmed plans to build a Mexican factory in March 2023. The factory was supposed to produce vehicles based on Tesla's next-generation platform. Musk paused development of the site ahead of the 2024 presidential election. Mexican officials are eager to meet with Elon Musk to discuss Tesla's production plans in the country after Donald Trump won the U.S. election last week. Musk, who has supported Trump since his assassination in July, initially announced that Tesla would build a Gigafactory in Mexico, but those plans were in jeopardy. The planned factory was initially confirmed in March 2023, following months of meetings between Musk and local officials. The new plant, located near Monterrey, Nuevo Leon, will produce one of the automaker's planned "next generation" vehicles. However, in July, Musk said Tesla…
Elon Musk boasts about the capabilities of Tesla Cybertruck
A woman is in critical condition after being thrown from a Cybertruck, but three passengers who remained in the electric pickup avoided serious injury go through Brad Anderson November 5, 2024 16:44 An 18-year-old woman was thrown from the truck and taken to hospital in critical condition. Speed is believed to have been a factor in the horrific accident. Recently, there was also a second accident in Mexico that had nothing to do with the Cybertruck. Since deliveries of the Tesla Cybertruck to customers began late last year, we've seen a number of photos and videos involving crashes. However, aside from an incident a few months ago where a Cybertruck crashed and burst into flames, we haven't seen an accident with as much damage to this truck as this one. If you've ever wondered what a smashed Cybertruck looks like, well, this is it. The Tesla was reportedly destroyed after crashing into a statue in Guadalajara, Mexico over the weekend.…
Musk says Tesla Roadster is not a priority, but thanks
Long-awaited electric cars are clearly going to remain a promise for years to come go through Brad Anderson 14 hours ago Tesla’s chief says the Roadster will be the “icing on the cake.” The automaker has already unveiled numerous models before unveiling its long-awaited electric supercar. Musk said that the Tesla team is close to completing the design of the Roadster. Believe it or not, it's been more than seven years since the second-generation Tesla Roadster was released, and despite repeated assurances from Elon Musk about its arrival, it seems interested customers will still have to wait a while to get their hands on one. This new electric car. sports car. The new Roadster is supposed to be the halo of the Tesla range and is being released for the first time, priced at $250,000. Many interested customers even put down $250,000 deposits for the car. However, instead of focusing on bringing the car to market, Tesla is focusing on…
Musk predicts Tesla sales will surge 30% in 2025
Tesla CEO makes another prediction, and shareholders love it At the shareholder meeting, Elon Musk predicted that Tesla's sales will grow by 20% to 30% in 2025. He said the "best guess" was the result of plans for low-cost vehicles and autonomous driving. The company's shares rose more than 10% after Musk's upbeat sales outlook. Tesla's car sales will increase by 20% to 30% next year, at least that's what CEO Elon Musk predicts. The automaker is already the most profitable electric vehicle maker in the industry. Musk has always said that now, the path to further success appears to be paved with more affordable models and autonomy. At Tesla's third-quarter shareholder meeting, Musk mentioned his forecast for sales growth of 20% to 30%, entirely on his own initiative and not as an answer to a shareholder question. Read: Cybercab has no charging port, but Tesla promises 90% wireless efficiency Musk, who is often known for his overly optimistic timetables,…
Elon Musk sued by ‘Blade Runner 2049’ producers
Alcon Entertainment claims they previously denied Tesla CEO permission to use sci-fi movie stills at Cybercab demo event October 22, 2024 10:30 Alcon Entertainment sues Elon Musk for "copyright infringement and false endorsement." The producers of "Blade Runner 2049" did not allow Musk to use film stills in the presentation. The company also accused Warner Bros. Discovery of hosting Tesla events at its venues. Elon Musk faces a new lawsuit for allegedly using copyrighted images to create a Blade Runner-inspired AI-generated image for a Tesla Cybercab demonstration event, in an attempt to dissociate the film from his Self-driving electric vehicles are connected. Alcon Entertainment, the company behind the "Blade Runner 2049" film, filed a lawsuit in California federal court on Monday. It accuses Musk of copyright infringement and false endorsement, while accusing Warner Bros. Discovery of allowing Tesla to hold events at its venues. More: 5 surprising similarities between Tesla Cybercab and Volkswagen XL1 The lawsuit involves artificial intelligence-generated images…
Russian warlord claims Elon Musk broke his machine
Ramzan Kadyrov claims Tesla CEO gifted him a Cybertruck, which he then remotely disabled, forcing it to be towed away from the battlefield go through Chris Chilton September 20, 2024 12:30 A notorious Chechen warlord has accused Elon Musk of remotely disabling his new Cybertruck. Ramzan Kadyrov previously claimed that the Tesla CEO gifted him a Cybertruck, but Musk denied this. Kadyrov equipped the Cybertruck with an onboard machine gun and praised its agility and sturdiness before it was disabled by remote control. A Chechen warlord who claimed Elon Musk gifted him a Cybertruck has now accused the Tesla CEO of remotely disabling the vehicle during Russia’s fight with Ukraine. "Elon Musk behaved badly. He gave expensive gifts with sincerity, and then cut off contact remotely," Ramzan Kadyrov, president of Russia's Chechen Republic, wrote on Telegram. RELATED: Archimedes' Sting is a military-style Tesla Cybertruck with a jet fuel generator Kadyrov mounted a machine gun in the back of his Cybertruck…
Elon Musk denies gifting Cybertruck to Russian general
The fake news came after Ramzan Kadyrov shared a video of himself driving an electric car and thanking Elon Musk on camera. Elon Musk has categorically denied gifting Tesla cars to Chechen leaders and Russian generals. Ramzan Kadyrov shared a video of him driving a Cybertruck equipped with a machine gun. Kadyrov publicly thanked Elon Musk for building the truck. We all know the internet is weird, but fake news never fails to surprise us. The latest victim is billionaire Elon Musk, who denied rumors of gifting a Tesla Cybertruck to Chechen leader and Russian general Ramzan Kadyrov. The fake news was sparked after Kadyrov appeared in a video thanking Elon Musk for the Cybertruck. In the video posted on Russian social media Telegram, Kadyrov test-drove Tesla's electric pickup truck, which had been retrofitted with a machine gun. The Putin ally praised the electric car's performance and said it would be sent to the front lines to participate in Russia's…
UAW files federal charges against Musk and Trump
The United Auto Workers union has filed charges against Trump and Musk, accusing them of intimidating striking workers. The allegations are based on public conversations between Trump and Musk at X. It is illegal to fire or threaten workers for taking strike action. Tesla CEO Elon Musk and former President Donald Trump spoke on X on Monday night. Despite technical difficulties, the two had a lengthy discussion on a variety of topics. Trump's series of comments have now put the two of them in hot water with the UAW. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); All of this seemed to come down to one small part of their conversation. "I mean, I look at what you're doing," Trump told Musk. "You walk in and you say, 'Do you want to quit?' They're on strike, I won't mention the name of the company, but they're on…
Elon Musk ends Tesla’s partnership with Costco Taiwan hours later
Musk said the plan was not approved, so he vetoed the entire plan. Tesla Taiwan announced yesterday a special partnership with Costco. Less than 24 hours later, Elon Musk said he had scrapped the plan because it had not been approved. The move raises questions about the extent to which Musk micromanages his companies. Consumers are always looking for the next deal, and it looks like a new one popped up yesterday. Tesla teamed up with Costco Taiwan for a special promotion. However, the deal fell through because of one Elon Musk himself. Tesla's partnership with Costco, which was primarily announced at X, offers several potential benefits. Prospective Tesla buyers have a new place to view, test drive, and ultimately purchase their cars. Additionally, the first 50 people to take advantage of the partnership will receive 5,000 km (3,100 miles) of free Superchargers and a Type 2 charger box. More: Polestar 2 EV lease price drops to $299, with down…
Explore the latest exhibition information and industry trends at ASAP Expo Magazine. Your one-stop platform, bringing together global exhibition highlights, industry trends and in-depth analysis, to help companies accurately connect with the market and seize business opportunities.
