Good morning and welcome to our daily digest of automotive news from around the globe, starting with…
Elon Musk Reportedly Becoming Liability, Turning New Buyers And Old Away From Tesla
Elon Musk’s Twitter disputes have received much attention, but his fame may be turning into Tesla’s worst nightmare. Despite being satisfied with their vehicles, Tesla owners have admitted that they wish the company’s CEO was less popular. A 48-year-old told Al Jazeera of the Tesla brand, “I don’t even think I would take one if I won one.”
2023 Ford Maverick Tremor Rises To The Occasion With 1-Inch Lift And More Advanced AWD System
Ford has unveiled the new Maverick Tremor for 2023, building on the base model’s enormous success. It has a more aggressive appearance with a 1-inch lift, and buyers can add the Tremor Appearance Package on top to make it look even more unique. The Tremor gets a unique all-wheel drive system, featuring a twin-clutch rear drive system with a differential lock function, although it retains the 2.0-liter EcoBoost four-cylinder engine of the mainstream models.
New Entry-Level 2023 BMW i4 eDrive35 Costs $4,000 Less Than Next Model Up
The BMW i4 eDrive35 is the new entry-level electric BMW sedan for the American market. Starting at $52,395, the eDrive35 features a single motor and a smaller 66 kWh net battery capable of a range of up to 260 miles (418 km). Although it’s less potent than its upscale siblings – the i4 eDrive40 and the i4 M50 – it’s capable of putting out a respectable 281 hp (210 kW/285 PS) and offers the same interior comforts as the rest of the lineup.
Ford CEO Wants You To Order An Electric Car In Your ‘Bunny Slippers’
Ford’s CEO, Jim Farley, aims to enhance the online buying experience for his company’s cars in response to Tesla’s booming sales. Buyers must “have a very predictable experience, whether they’re in a dealership or in their bunny slippers,” he specified. Farley views the online sales model as a method for keeping clients happy while reducing ancillary costs. It may help the brand achieve its goal of producing 2 million EVs by 2026 too.
Mystery Nissan Z Prototype Spotted Again With Camouflaged Front Bumper
Thanks to members on the New Nissan Z forum, we now have more detailed photos of the mystery Nissan Z prototype. We suspect the split grille design from the Z Customized Proto concept might translate into a production version as spied here. There’s also a chance that it could be a Nismo variant since it appears to sport the Recaro bucket seats from the 370Z Nismo.
Aston Martin To Introduce Two “Breathtaking” New Models At Pebble Beach
Aston Martin is preparing to steal the show at the Pebble Beach Concours d’Elegance as they announced their “strongest-ever presence” at the event. To commemorate the tenth anniversary of Q by Aston Martin, the British manufacturer teased the unveiling of two exclusive models alongside the DBX707, V12 Vantage, and Aston Martin Valkyrie.
What’s The Best Looking SUV To Date?
We see new SUV models on an almost daily basis as the market segment continues to flourish. We love it when brands stick to their iconic looks like the new Bronco and Defender have done. Many believe in an SUV should be a brawny wagon, in that case, the Jeep Wrangler, Mercedes G-Wagon, or Toyota 4Runner can appeal to your aesthetic sense. If you prefer a sleek, sporty look, the Aston Martin DBX, Lamborghini Urus, and Alfa Romeo Stelvio have you covered.
What Else Is Making The News
Nikola Buys Romeo Power In A $144 Million Deal To Develop Its Own EV Batteries
Nikola, the electric heavy truck manufacturer, announced a $144 million acquisition of battery pack provider Romeo Power. Mark Russell, CEO of Nikola, stated that the partnership would allow the company to expedite the growth of its electrification platform. Further, he predicts the transaction would result in a $350 million saving over the following four years.
Pinterest Grows Thanks To User Numbers And Elliott Investment Despite Disappointing Financial Results
On our latest podcast: @emilychangtv breaks down Pinterest’s quarterly earnings showing better-than-expected user numbers, and takes a deep dive into Congress’s antitrust efforts against Big Tech https://t.co/yiGCIWPICR
— Bloomberg Technology (@technology) August 2, 2022
Pinterest shares rose on relatively high user numbers, although profits and revenue fell short of expectations. Pinterest reported a 5% drop in global monthly active users from a year ago to 433 million, which is healthier than the predicted drop of 431 million. Elliott Management, the company’s largest shareholder, expressed satisfaction with the work of new Pinterest CEO Bill Ready.