Tag Archives: vehicles

News

Elon Musk sells almost 20 million Tesla shares

Tesla CEO Elon Musk sold 19.5 million shares of the company, worth $3.95 billion. The reason is still unknown, and many speculate that one of the reasons could be the frequent recalls and problems with the cars that caused the stock to drop by 50 percent.

Tesla recently recalled 40,000 vehicles from the US market due to a potential problem with the steering wheel. Before that, they had a security problem when a young man from Germany claimed to have found a weakness that enabled him to control Tesla’s cars from 13 different countries. They also had mechanical problems, such as the case when the Tesla Model 3 suddenly stopped on the highway, causing a collision of several vehicles, which resulted in the death of one person.

This is not the first time Musk has sold a large amount of Tesla stock. In April of this year, he sold shares worth 8.5 billion dollars, while in August he sold shares worth seven billion dollars. The total value of the shares sold is about $20 billion USD.

Musk recently bought Twitter for $44 billion USD, and the first move he made was to lay off half of the company’s seven thousand employees. He said he had no other choice, claiming that the company was losing four million dollars a day. He accused activist groups of putting pressure on advertisers, which caused a big drop in revenue.

He also announced that users will pay eight dollars per month for account verification, but this is currently postponed.

Source: BBC

News

Porsche produced 100,000th fully electric Taycan

In 2019, Porsche began production of the all-electric Porsche Taycan, and three years later, the Stuttgart-based company announced that it had produced 100,000 units of this model. The honor of being the 100,000th example went to the Neptune Blue Taycan Turbo S ordered by a UK customer.

This year may not be the most successful when it comes to demand for the electric Porsche Taycan as deliveries are down 12 percent compared to the previous year. The same problem affected most other companies. This could be due to problems with the delay in the delivery of parts, which led to a longer waiting list.

“We are very pleased to have reached this milestone in production history so quickly – despite the recent challenges posed by the semiconductor shortage and the volatile Covid situation. With the Taycan, we have made a decidedly successful start in the electric age,” says Kevin Giek, Vice President of the Taycan Model Line.

2023 Porsche Taycan Turbo S is the king of the Nürburgring. It is powered by two electric motors with a total power of 750 hp (560 kW) and 774 lb-ft (1,050 Nm) of torque. It reaches 62 mph in 2.8 seconds with a top speed of 161 mph (260 km/h). The new fastest lap time among electric production cars is 2 seconds faster than the Tesla Model S Plaid, 7 minutes and 33 seconds.

Also, Porsche talked about Taycan cars with more than 100,000 kilometers on the odometer, giving several examples. French entrepreneur Jean-Hubert Revolon bought a Taycan 4S in August 2020 and since then it has covered 188,119 kilometers. Guillaume Takvorian, a pharmacist from Marseille, owns a Taycan 4S with which he has covered 113,977 kilometers since June 2020. Porsche employee Markus Kreutel covered 134,911 kilometers with the Taycan Turbo from February 2021 to August 2022. The journalists of the German magazine Auto Bild, who covered 100,000 kilometers in the endurance test with the Taycan 4S since October 17, 2020, and the journalists of the German magazine Auto Motor und Sport recently borrowed the Taycan Cross Turismo 4, with which they intend to cover 100,000 kilometers in two years.

Anyway, this is a great result for Porsche.

Source: Porsche

News, Tuning

MH3 650 Touring based on the BMW M3 Touring

Four months ago, BMW unveiled the M3 Touring as a response to similar models offered by Audi and Mercedes. A powerful car and a good basis for tuners like Manhart who took the opportunity to show why it is considered one of the best tuners of BMW cars in the world. The result is the MH3 650 Touring.

MH3 650 Touring wears Manhart black body design with a golden decal set on both sides of the car as well as the entire length of the body. It is equipped with a carbon kit that includes a front splitter, carbon side skirts, carbon aero flicks, a rear spoiler, a new diffuser, a new exhaust system with valve control, an optional sports downpipe with or without a catalyst and an OPF filter.

Under the hood is a turbocharged 3.0-liter inline-six engine with 641 hp (471 kW) and 590 lb-ft (800 Nm) of torque. That’s a significant increase in power compared to the standard M3 Touring with 510 hp (375 kW) and 479 lb-ft (650 Nm) of torque. Power is transmitted to both axles via an 8-speed automatic transmission. It’s mounted on a set of 21-inch Manhart Concave One rims in matte black, but other colors are also available.

The price of the modification can be obtained on request.

Source: Manhart