WEALTH

AUTOS

Tesla Unveils the Powerwall, a Wall-Mounted Battery for Your Home

-A company created to build battery-operated cars is now expanding into battery-operated homes and, if Tesla chief Elon Musk wins his battle to electrify the carbon-based world, battery-operated everything. Starting later this year, a new Tesla company called Tesla Energy will market a 10-kWh, $3500 wall-mounted battery called the Powerwall and will also launch a line of refrigerator-sized industrial batteries that are scalable up to sizes large enough to power

Hear the Lamentations of the Boulders: Land Rover Prepping Burly SVX Off-Road Models

– We’ll start with an apology to any fans of two-door Subarus who have found this page via a wayward Google search. Because the SVX that brings us here isn’t the compellingly bizarre Giugiaro-designed 1990s coupe—one of the biggest automotive flops of the past 25 years—but rather Land Rover’s plans to use the acronym for some butched-up off-road models. – As with most of the interesting stuff happening at Jaguar Land

Ousted Piëch Putting Up Fight Over VW Board Appointees

– This is hardly a surprise. While the rest of VW’s supervisory board was no doubt hoping that Volkswagen/Porsche heavyweight Ferdinand Piëch would simply disappear and enjoy retirement after he and his wife (and fellow VW board member) Ursula stepped down last week—his critical remarks on the performance of VW CEO Martin Winterkorn had been met with outrage—that isn’t to be the case. – The void was quickly filled with two new appointees, 57-year-old

Cadillac Confirms Four- and Six-Cylinder Diesel Engines, Studying Three-Cylinders, and More

– Cadillac is getting serious about efficient powertrains. The brand will launch four- and six-cylinder diesel engines, Cadillac chief engineer Dave Leone re-confirmed to us. (Cadillac CEO Johan de Nysschen previously asserted a similar plan and said the engines would arrive by 2019.) “They are both new engines,” Leone told us. He said that the usage and tuning will be tailored to the cars: “It depends on the product they are going into.” The

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