Tesla CEO Elon Musk has just announced the company will reveal the Model Y at its design studio in Los Angeles on March 14.The Tesla Model Y is a crossover SUV that will share 75 percent of its parts with the Model 3, which is currently Tesla's cheapest car. It will be Tesla's fifth car design since it was founded in 2003. We know little about the Model Y at this point. Tesla released a black and white promo image in June 2017.Earlier this year we heard rumblings a reveal was closer than previously anticipated. Previously Musk has stated the car would be on the market by 2020 and would herald a "manufacturing revolution".As for pricing, Musk says the car is about 10 percent bigger than the Model 3, so will cost roughly 10 percent more. More pricing and specs will be unveiled at the March 14 event, Musk tweeted. Elon Musk also announced that Tesla's first v3.0 Supercharger station is going live this coming Wednesday. Previously Musk has stated the new version of the … [Read more...] about The Model Y, Tesla’s new SUV, will be unveiled on March 14
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So after the PR team affixed stickers to the front and back lenses of my iPhone, they gave me and other reporters a tour of the facility. It ended with a ride in one of the company's 12 prototype cars and a look at the final design. The ride was impressive, and the design is striking. But as the day progressed it became clear that Faraday is cramming a ton of features into its first car. It's hard enough to build an automobile, but to make your first one this complex doesn't seem like the best plan if Faraday is truly in such dire financial straits.As we were led through the offices, we were given a series of presentations about how the company is building its first car. Faraday is extremely proud of how it used VR to design the vehicle (other automakers do that) and talked at length about how its computer-model simulations of impacts were nearly identical to real-world collisions. That's great when you're figuring out how to build the safest frame without crash testing a bunch of … [Read more...] about A whirlwind tour of Faraday Future’s ambitious new SUV
caption A 2015 GMC Sierra 1500 source GMC Media Some off-lease used SUVs and pick-up trucks can be bought for prices between $17,000 and $48,000. iSeeCars.com analyzed more than 4.1 million cars to find the 10 SUVs and three pick-ups trucks that had the lowest 3-year-old used price. The average depreciation rate for the top-10 almost-new SUVs after three years fell between 41.7% and 47.2%. Pick-up trucks did not have as high a 3-year-old depreciation rate, as the three cars listed had an average of 23.3%. We all love a good deal when we see one. One of the better deals on the market is the purchase of an almost-new off-lease used car, meaning one that has only seen three years of use on the road. The automotive search engine iSeeCars.com recently commissioned a study to look at the used car industry, where they found the best used-car deals out there. But the study also took a more focused measurement of which are the best used cars that … [Read more...] about Here are the 13 best used-car deals for trucks and SUVs
Mary Hanbury, provided by Published 4:42 pm, Saturday, May 12, 2018 Business Insider/Mary Hanbury In the American Society of Civil Engineers' 2017 Infrastructure Report Card, the US infrastructure received a D+ grade, which equates to it being "in poor to fair condition and mostly below standard." US airports were highlighted as one of the areas in need. Despite this, when Trump laid out his much-anticipated infrastructure plan in February, airports barely got a mention. Local governors are taking matters into their own hands. In 2017, New York's Governor Cuomo proposed a $10 billion renovation of John F. Kennedy International Airport in New York. This is currently being negotiated. We compared the experience of flying in and out of New York's JFK airport and London's Heathrow airport and found that Heathrow was the clear winner. The US has an infrastructure problem. LATEST BUSINESS VIDEOS Now Playing: Now Playing These … [Read more...] about We traveled through the biggest airports in New York City and London too see which one was better — and the winner was clear
Produced by Judy Rybak and Josh Gaynor "This was an enormously high-profile case," says Bill Rankin, a reporter for the Atlanta Journal-Constitution and a "48 Hours" consultant. "They were a big-time power couple." On Sept. 25, 2016, Tex and Diane McIver were heading home after a long day of golfing and an evening of drinking. A friend who did not drink was at the wheel of Tex's SUV. Diane was in the front passenger seat and Tex was right behind her. He says he was fast asleep. Not far from home, they hit traffic and exited the highway. Tex says he woke up afraid that they were in a bad neighborhood. He asked his wife to hand him the .38 caliber handgun gun he kept in the car's console. Minutes later, with that loaded gun now in his lap, Tex says he fell back asleep. "And it went off," he later told police. Tex McIver shot his wife of 11 years in the back. She died during surgery. "Can a .38 Special just accidentally go off?" '48 Hours" correspondent Maureen Maher asked … [Read more...] about Atlanta attorney fatally shoots wife in SUV: Accident or cold-blooded murder?