Elon Musk Wants To Use Billions From Tesla To Bail Out xAI

Elon Musk Wants To Use Billions From Tesla To Bail Out xAI

Elon Musk loves pressing his luck when it comes to what he can get his Tesla shareholders to do. Just a few weeks after he got them to approve a $56 billion pay package, he’s apparently asking them to indirectly bail out the investors of his social media company, X (Twitter, baby). Tesla Had A … Read more

Stellantis Is In Big Trouble Following Awful First Half Of 2024

Stellantis Is In Big Trouble Following Awful First Half Of 2024

Good morning! It’s Friday, July 26, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. AAA Offers an Emergency Charging Solution When Your EV Runs Out of Range 1st Gear: Stellantis Scrambles After … Read more

Half Of Teslas Q2 Profit Came From Your Taxes

Half Of Teslas Q2 Profit Came From Your Taxes

Tesla did not have a good second quarter for 2024, and it could have been a whole lot worse had it not been for the U.S. government. Sure, profits fell 45 percent during the time period, but Tesla benefitted from one very important weapon for improving an income statement: regulatory credits. Tesla Had A Very … Read more

The global CrowdStrike outage looks set to save Australia from going cashless

The global CrowdStrike outage looks set to save Australia from going cashless

Cash may no longer be king but an unprecedented global outage has put paid to the idea Australia will do away with paper notes and coins anytime soon. Banks, airlines, supermarkets, media organisations and retailers were unable to operate on July 19 after an outage triggered by major cyber security firm CrowdStrike releasing a Windows … Read more

Automakers Sold Driver Data To Insurance Companies For Next To Nothing

Automakers Sold Driver Data To Insurance Companies For Next To Nothing

Your car has been spying on you and collecting data. That alone is worrying to many, but a recent letter sent to the Federal Trade Commission (FTC) by two U.S. Senators show something even more sinister: That data is being sold for pennies on the dollar to insurance companies. The 2024 Hyundai Santa Fe XRT … Read more

Ford’s Warranty Costs Rose $800 Million In The Second Quarter

Ford’s Warranty Costs Rose 0 Million In The Second Quarter

Good morning! It’s Thursday, July 25, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. BMW F 900 GS And BMW CE 02: What Do You Want To Know? 1st Gear: Warranty Costs … Read more

Southwest Airlines Drops Open Seating

Southwest Airlines Drops Open Seating

Southwest Airlines is about to start assigning seats on flights and sell some with extra legroom. The changes are being made in an effort to appeal to more passengers who skip it for other airlines like Delta, United and American. Additionally, the plan will serve as a way to fend off an activist investor who … Read more

Next-Gen Porsche Cayenne Will Be Electric Only, Current V8 Model Will Remain On Sale Alongside It

Next-Gen Porsche Cayenne Will Be Electric Only, Current V8 Model Will Remain On Sale Alongside It

Photo: Porsche If you can believe it, more than 20 years have passed since Porsche introduced the first generation of its Cayenne SUV. What was once a super controversial model that was talked about like it would lead to the death of Porsche has become one of the brand’s biggest sellers and the benchmark of … Read more

Adelaide business goes cash only to ‘survive’ after being plagued by tech issues

Adelaide business goes cash only to ‘survive’ after being plagued by tech issues

A South Australian business has announced a move to cash only after multiple system outages caused thousands of dollars in losses and left the business struggling to stay afloat. Adelaide-based Italian dessert bar Zeppole & Co announced the move on social media earlier this month in a bid to save the business, after errors in … Read more

Toyota Believes Hydrogen Power Will Win Le Mans

Toyota Believes Hydrogen Power Will Win Le Mans

Image: Toyota Toyota Gazoo Racing is committing to its long-running FIA WEC and Le Mans 24 hypercar program, up to and including building a next-generation car powered by hydrogen. The series had previously announced that it would allow hydrogen-powered vehicles to compete in the top flight Hypercar category, where Toyota currently races the gasoline-electric hybrid … Read more