Tesla laid off approximately 10% of its workforce – around 14,000 employees – earlier this month but according to new reports, the job cuts are far from over.Elon Musk has reportedly sent out another email to Tesla staffers in which he warned of another massive wave of layoffs. In the email, Musk wrote that he is going “absolutely hardcore” on Tesla’s staffing, according to The Information. Sources told Bloomberg last week that Musk was planning to lay off 20% of the company – about 20,000 employees – in order to match the sales decline between the final quarter of last year and the first quarter of 2024.In the latest email to Tesla staff, Musk also said that he expects any executive “who retains more than three people who don’t obviously pass the excellent, necessary and trustworthy test”...
Ferrari has introduced a brand new model, the 12Cilindri or "Dodici Cilindri." This two-seater berlinetta is powered by a naturally aspirated, mid-front-mounted V12 engine, symbolizing the epitome of Ferrari's heritage and modern engineering prowess.Performacne-wise, the 12Cilindri delivers a heart-pounding 830 hp and revs up to 9500 rpm. Ferrari also stated that 80% of its torque is accessible from 2500 rpm, making it exceptionally responsive and thrilling to drive.Drawing inspiration from the iconic Ferrari Gran Turismo cars of the 1950s and '60s, the 12Cilindri blends race-bred excitement with everyday versatility. The design echoes the classic elegance of its predecessors while integrating modern innovations like an active aerodynamic device and a visually striking front-hinged hood.Ae...
MANHART, a renowned performance tuning company, has recently launched the MH2 GTR II, an exceptional one-of-a-kind upgrade of the BMW M2 (G87) which promises to surpass its predecessors in both style and speed. Limited to a single unit, this model follows the path of the original M2 GTR, emphasizing aggressive enhancements and superior technical prowess.Outfitted with a vibrant magenta body and champagne-colored decals, the MH2 GTR II distinguishes itself with a formidable 715 hp and 626 lb-ft of torque, derived from a 3L S58 twin-turbo inline-six engine. This power boost is achieved through meticulous modifications including a MANHART ECU remap and a carbon intake, allowing the car to accelerate from 60 to 120 mph in 5.7 seconds.MANHART has provided various exhaust options to complement t...
Porsche has announced the completion of its Cayenne lineup with the introduction of two new GTS models, marking a significant enhancement to the series which saw a comprehensive revision last year.The new Cayenne GTS and GTS Coupé models boast a robust 4L twin-turbo V8 engine, delivering a capable 500 hp. This marks a 40 horsepower increase over their predecessors. The enhanced engine, along with a revised eight-speed Tiptronic S transmission, promises sharper response and shift times, particularly in Sport and Sport Plus modes.Designed to blend high performance and everyday utility, these models cater to drivers seeking an extra dose of dynamism and long-distance comfort -- true to the Gran Turismo Sport ethos that GTS models embody. The GTS models lean towards a more pronounced on-road c...
Mercedes-AMG has unveiled its most potent model yet, the 2025 AMG GT 63 S E PERFORMANCE, which combines breathtaking performance with innovative hybrid technology. Revealed in Shanghai alongside a Formula 1 race, the vehicle represents the pinnacle of the AMG GT Coupe portfolio as well as a significant shift towards electrified performance in luxury sports cars.Boasting an impressive 805 hp, the AMG GT 63 S E PERFORMANCE is powered by a handcrafted AMG 4L V8 biturbo engine paired with an electric motor. This setup delivers a combined torque of up to 1,047 lb-ft, allowing the car to accelerate from 0-60 mph in 2.7 seconds, making it the fastest AMG series production model -- with a top speed capped at 199 mph.Michael Schiebe, CEO of Mercedes-AMG, emphasized the vehicle's unparalleled speed ...
Tesla’s Cybertruck rollout has been rocky at best. After multiple delays on the car actually entering production, the company announced last month that the latest round of vehicle shipments would be delayed.It’s now recalling all of its $61,000 USD Cybertrucks, of which there are 3,878. The US Department of Transportation posted the recall, citing an issue with the accelerator pedal that could cause it to dislodge and become trapped within the car’s interior trim, which would prevent users from breaking.In a filing from Tesla, a customer alerted the company about the issue in March. A second claim was brought by another customer just days after.Tesla voluntarily recalled its Cybertrucks and says it plans to remedy the issue before shipping out its new batch of units. The issue impacts all ...
During Milan Design Week 2024, Lamborghini introduced a limited edition series of its Huracán Sterrato, dubbed the "All-Terrain Ad Personam." This exclusive lineup, limited to just 12 units, showcased unique designs inspired by diverse natural terrains like snow, sand, forest tracks and arid deserts.Stephan Winkelmann, Chairman and CEO of Lamborghini, presented the vehicles at the Segheria of Tanja Solci, a venue known for its artistic restorations. Each car's livery pays homage to its respective environment -- rocky terrains, sandy deserts, or dense forests, emphasizing the vehicle's rugged yet sophisticated nature.The Sterrato's design is a testament to its dual personality, combining super sports car aesthetics with adventurous capabilities. "Like nature, the Sterrato cannot be confined...
During this year's Milan Design Week, BMW presented the "FUTURE OF JOY," an exhibition introducing the world to the company's latest venture -- the Neue Klasse. Held at the prestigious Salone del Mobile from April 16-21, the event promises a sensory exploration of BMW's forward-thinking design principles.Adrian van Hooydonk, Head of BMW Group Design, described the Neue Klasse as a transformative project, emphasizing its "electric, digital, circular" ethos. He highlighted its significance not just to BMW but to the auto industry at large, stating, "It is a game changer for the entire company." Notably, BMW's focus appears to be a sophisticated interplay of analog and digital features, cutting-edge bio-based materials and a minimalist design aesthetic that strips things back to the essential...
Ford has unveiled a limited edition Mustang 60th Anniversary Package, promising a blend of classic style and modern performance. This special edition, echoing the spirit of the original 1965 Mustang, is aptly limited to 1,965 units, reflecting the model's debut year.The anniversary edition will be available on the 2025 Mustang GT Premium model, in both coupe and convertible options. Notably, the special edition incorporates design elements inspired by the first-generation Mustang, including distinctive fender badges, rocker panel stripes and a unique wheel design that calls back to the 1960s."Mustang’s design DNA has never been stronger or more enduring," said Matt Simpson, General Manager of Ford Enthusiast Vehicles. "We’ve woven historical cues into the modern fabric of the Mustang to ce...
California-based Specialized Bikes is angling to reimagine the sport of cross-country cycling with efficient, extremely lightweight bikes designed to handle a wide spectrum of terrain.When climbing a mountain or going downhill, the key to optimal control is less weight – albeit without skimping on sturdiness and efficiency. With its new line of bikes, dubbed the Epic 8, Specialized has a variety of bikes for each rider’s needs.For those looking to invest in a top-tier mountain bike, the $14,500 USD S-Works Epic 8 is a 22 lb that packs in active suspension without the typical added weight via Specialized’s RockShox Flight Attendant system. It also offers a subtle and convenient means of in-frame storage in the form of a subtle hole in the downtube and it’s the only bike composed of the slee...
Hennessey Performance, the renowned Texas-based hypercar manufacturer, has begun production of its exclusive Cadillac Escalade-V H850 -- a blend of luxury and power limited to just 100 units. This upgraded version of the 2024 Escalade-V boasts an impressive 850 hp, a significant 25 percent increase over the standard model's 682 hp.Engineered for performance enthusiasts, the H850's supercharged 6.2L V8 engine now produces 855 lb-ft of torque, marking a 31 percent increase. This enhancement propels the H850 into the sphere of supercar-like performance while retaining the comfort and style of a full-size luxury SUV.The upgrade isn't just about raw power. Hennessey’s engineering team has also installed a new air induction system, ported supercharger, high-flow cylinder heads, custom camshaft a...
Alfa Romeo, the Italian luxury car manufacturer and a subsidiary of Stellantis Europe, has recently been told by officials in the Italian government that it can not use the name "Milano" for its latest vehicle -- stating it's "banned by law," according to reports from the automaker.The name "Milano" was initially chosen to honor the city where Alfa Romeo was founded in 1910 and had quickly become a favorite among the public. This is not the first time Alfa Romeo has involved the public in naming one of its cars, a practice dating back to 1966 with the Spider 1600 "Duetto."In somewhat of a cheeky response to the situation, Jean-Philippe Imparato, the CEO of Alfa Romeo said that while they don't legally need to change the name, they decided to do so to maintain "positive emotion" and essenti...