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Joining the trifecta of reporting (and beating) banks, Wells Fargo also reported better than expected Q2 EPS of $1.07 (exp. $1.01) despite missing on the top line (revenue of $22.2bn vs exp. $22.5bn) but the better news was to be found elsewhere, nam
Your dream of one day zipping from one city to another in a pod in a pneumatic tube just took one more step toward reality. Hyperloop One announced Wednesday that it successfully tested a full hyperloop.
Hyperloop One completed the world's first successful Hyperloop full systems test.
Activity in the electric hydrofoil watercraft arena has been hectic in recent times with the advent of electric-powered hydrofoil boats such as the eDorado and Quadrofoil Q2, and more recently, and a demonstration of the electric Jetfoiler without pl
Airbus has set itself a goal of having a serialized production Urban Air Mobility (UAM) system ready for testing in a major city as early as 2023.
When 217 miles per hour isn't fast enough you go back to the drawing board if you're Lucid Motors.
There were a few big breaks in the case between Waymo and Uber over self-driving car technology today. As a result, the scope of the case is starting to come into focus as both companies prepare for a trial set to begin in October.
Elon Musk said that the first production unit of the ultra-anticipated Tesla Model 3 would be coming this week, and here it is. The Tesla CEO posted two photos of the vehicle to Twitter late on Saturday night.
Tesla electric drive units are getting an unadvertised upgrade that could potentially make them 'last forever'.
China claims an all electric rim-driven pump-jet had been fitted to the People's Liberation Army Navy's newest nuclear submarines.
We're gonna rock down to Electric Avenue, and the stakes couldn't be any higher
Just like our marriages, nothing's perfect about cars – whether they are new cars or old cars. Here are a few things about new cars that are both good and bad:
Meet Lightyear, a Dutch company which is developing solar-powered electric car – the Lightyear One, reportedly capable to "drive for months without charging".
O'Reilly Automotive stock crashed as much as 21% on 7 times its average daily volume, its biggest drop since June 2012 dragging the share price to the lowest since October 2014, after the auto-parts retailer said same-store sales misses forecast for
The study has been designed for "maximum crash safety including the battery."
Volkswagen has been pushing hard with its concept cars recently, using the Paris and Detroit Auto Shows to provide a glimpse of its plans for an electric future. The ID Buzz and Crozz have now been joined by the Gen.E Research Vehicle which, undernea
Over the past several decades, cars have become increasingly high tech allowing for computers to take larger roles in the routine functions of the car. Computerized functions have been a boon to consumers, who advantage from greater reliability and
It's been more than three years since Malaysian Airlines Flight 370 vanished, and after spending $150 million and scouring a huge chunk of the Indian Ocean, the international search effort has turned up just a few scraps of metal.
CEO reiterates target of selling one million electric cars and hybrids by 2025
Tesla stock is popping this morning after Tesla investors and Elon Musk fanboys got some much-anticipated, if largely expected, news on the rollout of the Model 3 when shortly after 11pm Pacific time Elon Musk tweeted that the mid-range model has pas
Brilliantly simple.
Volkswagen has acquiesced to California's recent requirement of an investment at least 35% of its post dieselgate spendings ($800 million) into disadvantaged communities (not that VW had a choice in the matter), although some details still need to
We've spent a lot of time of late writing about the pending collapse of the U.S. auto bubble.
Elon Musk and his Boring company have begun digging a tunnel from his Spacex facility in Westwood to Los Angeles Airport.
Reader Brian emailed an ad for huge discounts on cars. The fine print is rather amusing: Must be subprime and must finance through Chrysler Capital.
Instead of buying a car every so often and driving that car for a period of years - and owning the car - people will simply tap an app and rent a car by the hour or day; whatever their need at the moment happens to be.
Godot is here and operational
We had a listener last week who wanted to spend $5000 for his 16-year old child. The parent was rightfully concerned about safety, reliability, and wanted it to be fairly low mileage. This is called Mission: Impossible.
People made fun of cars like the Vega and Chevette – but at least GM made money on them. And when GM stopped making money on cars like them, it stopped trying to sell them.
The best part? They're made from "wood chips, straw, sugar byproducts, and orange peels".
