car

Driver killed when car splits in half after hitting tree

FAIRWAY, Kan. (AP) – One person is dead after their vehicle slammed into a tree in the Kansas City area with enough force to split the car in two. The crash happened Sunday morning along Shawnee Mission Parkway near 55th Street in Fairway, Kansas.

The Johnson County Sheriff’s Office said that because of excessive speeds, the vehicle appears to have split in half after it struck a tree on the side of the road. The driver died in the crash.

Investigators identified the driver as 28-year-old David Lawrence Hutchinson. The crash remains under investigation.

TRAFFIC ALERT: A single vehicle crash

read more

How GM, Tesla and Rivian are monetizing Connected Car

Connected Car is a broad category, encompassing a huge range of hardware & software technologies, systems, and components – both inside and outside of the vehicle. Consequently, Connected Car promises to be tremendously disruptive to Automotive – chiefly due to the number of gaps & opportunities created for new business models to transform and disrupt. 

Connected Car is also driving business dynamics – efficiency, opportunity, differentiation, and disruption – to create a rich tapestry of creation, competition, and innovation. OEM’s, Tier 1’s, Dealer Groups, and Fleets are now in a position to reconsider and re-engineer their businesses from top to

read more

Rising Gas Prices Influence Decision To Buy An Electric Car, Tesla Ranks High: Survey

Rising gas prices are a clear factor when deciding to buy an EV, a survey says.

While the restart of Colonial

read more

Man Arrested for Back-Seat Tesla Driving Does It Again in New Car

  • A San Francisco man said he’ll keep riding in the back seat after his arrest, KTVU reports
  • Param Sharma said he is “very rich” and will keep buying Teslas as his cars are impounded. 
  • Tesla sells a feature called Full Self-Driving Capability, but it doesn’t make cars autonomous. 
  • See more stories on Insider’s business page.

A San Francisco man who was arrested for riding in the back seat of his Tesla as it drove on the highway says he’ll keep pulling the stunt after being released from jail — and he’ll keep buying more cars as they get

read more

Tesla No Longer Accepting Bitcoin, but a Few U.S. Car Dealers Do

  • Tesla has bought and sold a lot of the cryptocurrency bitcoin, and was also taking it in payment for EVs but suddenly stopped earlier this month.
  • CEO Elon Musk’s cited reason was that mining bitcoin is too hard on the environment; he said Tesla would not accept it for EV purchases until the production of the coin becomes more environmentally friendly.
  • Musk claimed he wouldn’t be selling off the company’s own bitcoin, and it’s likely at least some form of cryptocurrency will be accepted again to buy a Tesla eventually. Meanwhile, there are dealerships around the country that are accepting
read more

Musk makes U-turn on use of Bitcoin for Tesla car purchases

Optimism grew after Mastercard Inc., Bank of New York Mellon Corp. and other firms moved to make it easier for customers to use or invest in cryptocurrencies, fueling the mainstream resurgence that took Bitcoin from about $29,000 at the end of last year to as high as almost $65,000 in April.

Bitcoin mining is consuming 66 times more electricity than it did back in late 2015, and the carbon emissions associated with it will likely face increasing scrutiny, according to a recent Citigroup Inc. report.

Musk is no stranger to considering the issue of crypto’s environmental impact.

Cathie Wood’s Ark

read more