Lucid cuts U.S. prices, joining Rivian and Tesla as EV startups face easing demand
Lucid's base Air sedan gets a $7,500 reduction, now starting at $71,400 with shipping. The move comes after a $3,100 price cut on base Rivian models and a $1,000 discount on some Tesla Model Y trims......»»
4 big takeaways from Rivian"s Q1 earnings report
Rivian reported a $1.45 billion net loss in the first quarter, higher than a year earlier. But it also laid out a roadmap for slashing production costs and launching a more affordable EV in 2026......»»
NADA Academy preps future dealership owners, staff for changing times
Through in-person and online classes, the National Automobile Dealers Association trains dealership staff and future owners to face an industry challenged by consolidation, inflation and the perils of new technology......»»
Nearly 25% of Ford F-150s built are now hybrids, CEO says
The F-150 is a key pillar of Ford's hybrid strategy, which is gaining importance amid slower-than-expected demand for EVs......»»
Used-vehicle wholesale prices down in April, Cox Automotive says
Customers appear to be holding out for more affordable used-vehicle prices and hoping for lower interest rates, Cox Automotive says......»»
Apple maintains US market share as smartphone demand continues to weaken
New research claims that US smartphone shipments have declined 8% year over year, yet Apple's iPhone has stayed steady at 52% of the market.Delays over Apple's iPhone 14 saw its sales boost come late, which has now affected yearly comparisonsEven if.....»»
Bose, Sony, and more: 131 headphone prices slashed, from $8
Best Buy has a huge sale on headphones with many major brands seeing huge discounts. Here are some of our favorites......»»
AuditBoard enhances InfoSec Solutions to reduce compliance fatigue across the organization
AuditBoard announced powerful enhancements for its InfoSec Solutions to help organizations meet their IT compliance, cyber risk, and vendor risk management needs in the face of rising risks and increased regulatory requirements. With these new capabi.....»»
9to5Mac Daily: May 8, 2024 – More new iPad tidbits, Apple + Rivian partnership?
Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Sponsore.....»»
Mercedes-Benz G580 vs Rivian R1S: rugged electric SUVs, compared
Mercedes-Benz has unveiled the new G580, its take on an electric G-Wagon. But how does it compare with another rugged electric SUV, the Rivian R1S?.....»»
Tesla is under a federal wire fraud probe for misleading investors
Prosecutors are combing subpoenaed materials for evidence Tesla knowingly misled. Enlarge (credit: Aurich Lawson | Tesla | Airplane!) There's more bad news for Tesla. On Monday, we learned that CEO Elon Musk is continuin.....»»
Tesla confirms "one day" shutdown at German factory
Tesla has asked German employees to work from home on Friday when activists plan to protest against expansion plans outside its factory near Berlin......»»
New iPad Pro demand likely to be low for two reasons – TrendForce
You might expect the introduction of the first OLED screens and uber-thin form factor to result in strong iPad Pro demand, but a new forecast from market intelligence company TrendForce suggests it may actually be lower than last year. The company.....»»
Tesla’s self-driving claims subject to federal securities and wire fraud probe
Prosecutors are combing subpoenaed materials for evidence Tesla knowingly misled. Enlarge (credit: Aurich Lawson | Tesla | Airplane!) There's more bad news for Tesla. On Monday, we learned that CEO Elon Musk is continuin.....»»
Rising knife crime in London is linked to austerity cuts to youth services—here"s the evidence
New data released by the Office of National Statistics (ONS) shows knife and gun crime in London rose sharply in the 12 months before December 2023......»»
In Tesla Autopilot probe, U.S. prosecutors focus on securities, wire fraud
U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters. .....»»
March iPhone discounts in China may have saved Apple"s quarter
After a rough start to 2024, promotions on the iPhone appears to have buoyed Apple in China, according to official government data.iPhone doing well in China despite shrinking marketApple and its resellers cut prices in the end of February. This move.....»»
GM tries to lure Tesla’s jilted interns during mass downsizing
General Motors Co. hopes to take advantage of Tesla Inc.’s downsizing, with a company recruiter reaching out to former interns who were sent packing by the electric-vehicle maker......»»
Newspapers Sue OpenAI for Copyright Infringement and ‘Fake News’ Hallucinations
Microsoft and OpenAI face yet another lawsuit for alleged copyright infringement. Eight newspapers, including the New York Daily News, Chicago Tribune and the Denver Post, accuse the companies of training ChatGPT models on their content without permi.....»»
Subscene’s Demise is No Surprise But Millions of App Users Face Disruption
After reporting that the site hasn't been financially viable for years, the operator of Subscene, one of the internet's most important subtitle sites, has pulled the plug. The plan had been known for some time and at least two, mostly complete backup.....»»
Rivian"s Q1 net loss widens to $1.45B as Illinois plant retools for lower-cost EVs
CEO RJ Scaringe said Rivian had successfully retooled its Normal factory with new robots and new parts suppliers to cut costs and increase line speed. He declined to comment on reported talks with Apple Inc......»»