Tesla cuts losses on Model 3 sales, Musk promises profits next quarter

2017 Tesla Model 3, in photo tweeted by Elon Musk on July 9, 2017As it ramps up production of the Tesla Model 3, Tesla announced Wednesday that it reduced its financial losses in the second quarter—barely. The result is significant, because Tesla is racing against the clock to keep from running out of money before it can build enough of its new, more affordable Model 3s to turn a profit. Tesla says it...

EPA could base emissions, mpg rollback on tired safety argument

TrafficIn the latest draft of new fuel economy and emissions standards obtained by the Associated Press, the Trump administration argues that reducing mileage standards will improve safety. It's an argument that dates back to the beginning of fuel economy standards in the 1970s, and one that ignores technological improvements made along the way. Under...

Mercedes-Benz EQS caught in spy shots

Mercedes-Benz Generation EQ concept, 2016 Paris auto showFor decades, Mercedes-Benz sold only two passenger cars. Now, the automaker is promising 10 different electric cars. Although the Mercedes has not revealed plans for all of them, spy photographers have recently captured a large electric sedan from Mercedes-Benz testing at Mercedes's headquarters in Sindelfingen, Germany. The spy pics were...

Faraday Future reveals first production FF91 body

Faraday Future FF91 prototypeAfter two years in the development wilderness, Faraday Future is marching forward toward producing its first ultra-luxury electric SUV. The company announced Monday that it built its first "body-in-white" of the FF91, the basic body structure of its upcoming first production car. Faraday Future plans to deliver the first FF91s to customers as...

Porsche Taycan specs trickle out ahead of debut next year

Porsche Mission E conceptPorsche this week teased us with a few specs of its upcoming Taycan electric sedan ahead of the car's 2019 debut. The Taycan, the production name for Porsche's Mission E concept car, is designed to compete with the Tesla Model S. To compete with Performance versions of the Model S, the Taycan will use two permanent-magnet synchronous motors, one...

Slow-selling Infiniti Q70 Hybrid quietly axed for 2019

2018 Infiniti Q70The Infiniti Q70 Hybrid won't make it to 2019, the automaker announced last week. Infiniti dropped the full-size, electrified luxury sedan from the lineup after 2018. The car debuted in 2011 as the M37 Hybrid, but sales of the hybrid version always paled in comparison to the gas V-6 and V-8 versions of the big luxury sedan. Although it was renamed...

Which modern electric car will be the first classic? Take our Twitter poll

Tesla Roadster Prototype for sale on eBaySpeculating which cars may be future classics is not only a fun game, it also can help buyers decide which modern cars may represent the best value. Future classics depreciate less over a long time, which we're sure buyers can appreciate. The demand for those cars also stays high, which dries up prices. CHECK OUT: Tesla Model S named car of the...

Audi e-tron electric SUV orders to open Sept. 17

Audi e-tron quattro concept, 2015 Frankfurt Auto ShowAfter having the car's formal debut interrupted by an arrest, Audi announced that it will begin taking orders for its all-electric e-tron SUV on September 17, the company said last week. The car's formal debut August 30 in Brussels was postponed after Audi CEO Rupert Stadler was arrested by authorities in Germany for his role in a widespread...

Final Terrafugia prototype flying car ready to take to the air

Terrafugia prototype in flightSometimes a hybrid is more than a hybrid. The Terrafugia uses a hybrid powertain as it drives down the road. It's also a hybrid car and airplane. Even in the sky, it can make use of hybrid power. Terrafugia started in 2005 and designed what observers have called a "flying car," and it plans to put its vehicle into production by the end of next...

EPA reinstates limitations on dirty diesel glider trucks

Fitzgerald Glider Kits headquarters in Crossville, TennesseeIn a reversal of its reversal, the EPA said Thursday that it would enforce limits on dirty "glider" trucks after all. Acting EPA Administrator Andrew Wheeler put the brakes on his predecessor's decision to not enforce an Obama-era rule on dirty diesel big-rigs. CHECK OUT: States join to halt EPA's reversal on "glider" semi trucks Glider trucks are...