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– Update, 8/21: Tesla has raised $738 million from the newly issued stock, according to Bloomberg. After initially announcing it would sell up to 2.1 million shares, plus another 315,000 shares for the underwriting banks, Tesla ramped up those amounts to a total of 3.1 million and sold them at $242 per share. CEO Elon Musk now has a 22-percent stake in the company. – Tesla wants to raise $500
– Trust us when we say the Land Rover Defender tilts, leans, dips, and generally dislikes any amount of lateral acceleration. Slow, polite roundabout speeds are about all Her Majesty’s 4×4 is comfortable with. So it is with reservation that we’d recommend this lowered, fat-tired Defender that puts out nearly as much power as our long-term Jaguar F-type. – What you’re looking at is the JE Zulu2 Super Defender, which
– Takata may be forced to recall every airbag manufactured with ammonium nitrate propellant if the National Highway Traffic Safety Administration turns a Congressional request into a formal order. – – A letter from Sens. Richard Blumenthal (D-Conn.) and Ed Markey (D-Mass.) urges Takata to recall all of its airbags using the questionable propellant after a side airbag produced by the Japanese supplier ruptured on a 2015 Volkswagen Tiguan in
– Externally, it appears that there’s a lull at Bugatti. The last Veyron, “La Finale,” was sold before it appeared on the stand at this year’s Geneva motor show. Its successor has not been formally announced, although rumor suggests it will appear at next month’s Frankfurt auto show. In between, there’s been a flurry of activity in Molsheim, keeping Wolfgang Dürheimer, head of both Bentley and Bugatti, a very busy man.
The 2017 Ford Raptor is coming, with its 450-hp twin-turbo EcoBoost V-6 and its 10-speed gearbox and nifty 4×4 drivetrain. But between now and the autumn of 2016, when Ford says the thing will go on sale, there’s still some testing to be done—including shakedowns of an off-road variety. – We’ve already seen Ford conducting some off-road verification of the rad new Raptor’s capabilities. And, frankly, the ’wheeling in this
We are, it’s safe to say, extremely excited about the 2017 Alfa Romeo Giulia. The tidy rear-drive sports sedan very clearly has BMW in its gunsights—particularly in 510-hp, twin-turbo V-6 Quadrifoglio spec. And from what we’ve heard so far, it’s got a scintillating soundtrack. This Nürburgring video of a lightly camouflaged example only confirms that. – Posted by Nürburgring maven and solid YouTube poster “cvdzijden,” what we have here is
-How many of us members of the hoi polloi bemoan the fact that when someone buys a supercar it never sees a track? That millions of dollars of R&D and lightweight racing material are simply wasted on Sundays-only garage queens? – Canadian automotive retailer Pfaff Automotive recently released a video of a private track day held at the Canadian Tire Motorsport Park in Ontario, where a McLaren P1, a Porsche 918 Spyder, and a Porsche
The chief executive officer of biotechnology company Northwest Biotherapeutics Inc said on Friday the company has temporarily stopped screening new patients for the trial of its experimental brain cancer drug. CEO Linda Powers said in a telephone interview the company will issue a statement later Friday explaining why it took the step, just a few months before it had planned to complete recruitment of patients for the 7-year-old study of
Manchester City manager Manuel Pellegrini thinks the arrival of new defender Nicolas Otamendi fills an important hole in the squad.
Sky Sports pundit and Kerry legend Darragh Ó Sé previews Sunday’s All-Ireland semi-final between his native county and Tyrone…
