Polestar confirms Precept concept to rival Model S, Lucid Air

Polestar Precept conceptAt the Beijing auto show Saturday, Polestar announced that it plans to put the Precept concept shown earlier this year into production. The low-set grand-touring fastback electric car would likely fit into the market in the same arena as the Tesla Model S, Lucid Air, and Mercedes-Benz EQS, and several potential flagship models from Chinese...

Musk: Battery plan will enable $25,000 Tesla due in 2023

Tesla starts delivery of Chinese-made Model 3 sedans on December 30, 2019Tesla CEO Elon Musk Tuesday suggested that the carmaker will be able to produce a “compelling” $25,000 car with fully autonomous driving capability in three years. It’s a project that, Musk explained, will be enabled by the company’s quest to halve the cost of its cells per kilowatt-hour through a comprehensive strategy...