Tesla CEO Elon Musk said that beginning this week Tesla will lay off about 9% of its employees due to redundancies in some job functions. The layoffs would primarily affect salaried employees, sparing production-line workers as the company ramps up Model 3 production. Tesla would continue to hire for important roles, particularly those involved in […]
Category: Auto
Porsche AG named its first car to directly compete with electric leader Tesla Inc. the Taycan, as the German manufacturer gears up for its most ambitious and potentially risky vehicle project. The moniker roughly translates to “a lively, young horse,” CEO Oliver Blume said at the Porsche museum near the company’s headquarters in Stuttgart, where the […]
Maserati’s full-electric Alfieri sportscar, with a top speed exceeding 186 miles per hour and an acceleration from zero to 62 mph in less than two seconds is out to compete with Tesla’s Model S P100D in its fastest Ludicrous mode manages that sprint in just over 2 seconds. The Alfieri was first shown to the public […]
Porsche’s new 919 Hybrid Evo, which is an upgrade to the Le Mans winning 919 Hybrid outpaced F1 cars. Porsche set a record at the Legendary Formula 1 track in Belgium, Spa Francorchamps with a lap time of 1:41.770 minutes. This is 0.783 seconds faster than the record set by Lewis Hamilton during last year’s Belgian Grand […]