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Tesla Invests $1.5 Billion with Bitcoin

WIL BALDWIN February 8, 2021

On Monday morning, February 8th 2021, Tesla disclosed in a SEC filing that it had invested $1.5 Billion in Bitcoin, the most commonly known form of cryptocurrency. The company also noted that it is planning…

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2021 Lexus LC 500 Inspiration Series: Performance Luxury Takes Flight

WIL BALDWIN January 17, 2021

The Lexus LC 500 needs no formal introduction. It greets all encounters with a growl from its powerful 471-horsepower naturally aspirated V8 engine. Its artfully chiseled lines and refined curvature marry luxury and performance in…

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Toyota Motor North America Reports December 2020, Year-End Sales

WIL BALDWIN January 6, 2021

Toyota Motor North America (TMNA) reported December 2020 sales of 249,601 vehicles, an increase of 20.4 percent on a volume basis and up 7.5 percent on a daily selling rate (DSR) basis compared to December…

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Tesla to be Added to the S&P 500 Index

WIL BALDWIN November 16, 2020

Tesla (Nasdaq: TSLA) will be joining the S&P 500 index, expanding its investor base and putting the electric car maker in the same company as market behemoths such as Alphabet, Amazon.com, Apple, and Microsoft. The…

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Mercedes-Benz Berlin Plant Boss to Join Tesla

WIL BALDWIN November 11, 2020

FRANKFURT (Reuters) - The head of the Berlin engine plant run by Mercedes-Benz has defected to rival Tesla <TSLA>, German union IG Metall said on Wednesday, calling on employees to protest over his departure. IG…

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VW Not Seeking Deal With Tesla – CEO Diess

WIL BALDWIN September 7, 2020

FRANKFURT, Sept 7 (Reuters) - Volkswagen's Chief Executive Herbert Diess on Monday sought to quell speculation that the world's largest carmaker, which is on a mass production push for electric cars, has plans to develop…

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Ford Announces Goal to Donate 100 Million Masks

WIL BALDWIN September 4, 2020

- New Documentary Celebrates Workforce Response to Covid-19 https://youtu.be/lYHgV2u1T2Y DEARBORN, Michigan, Sept. 4, 2020 – Following completion of its 50,000th ventilator to help clinicians treat COVID-19 patients, Ford is pivoting to target production of 100 million…

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Ford GT Heritage Edition Celebrate Storied 1966 Daytona Win

WIL BALDWIN August 20, 2020

2021 Ford GT Heritage Edition inspired by the GT40 MK II’s 1966 Daytona 24 Hour Continental race victory! - Ford Performance unveils new Ford GT Heritage Edition inspired by the 1966 Daytona 24 Hour Continental,…

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Tesla Reports Q2 Profit, Announces Texas Gigafactory

WIL BALDWIN July 26, 2020

Tesla (TSLA) posted a surprise second-quarter profit last week on cost cutting and strong deliveries, offsetting the effects of its Covid-19 related factory shutdowns. The report may help the electric vehicle manufacturer gain inclusion into…

DHL to Cut 2,200 UK Workers at Jaguar Land Rover Factories

WIL BALDWIN July 7, 2020

(Reuters) - German logistics company DHL plans to cut as many as 2,200 jobs of U.K-based workers at Jaguar Land Rover factories, the Unite trade union said on Tuesday. The job cuts comprise just under…