It’s not an overstatement to say that Tesla’s earnings report this week was jaw-dropping. With analysts expecting the electric automaker to post a quarterly loss, Tesla posted a profit of $1.91 per share. Suffice it to say, analysts were completely caught by surprise. “While we remain concerned on 2020 momentum / profitability, we acknowledge this …
In just a few months, GM will reportedly launch a new pilot program that will enable GM owners to rent out their vehicles to interested drivers. Originally brought to light via Bloomberg, the program will fall under the Maven umbrella, the car rental service GM introduced back in early 2016. As to the mechanics of …
Tesla isn’t the only company with an eye on dominating the EV space. Earlier today, General Motors announced its intention to wean itself off of gasoline and fully embrace a future where roads are populated by electric vehicles. And signaling the seriousness of GM’s strategy, the automaker said that it plans to release two new …
General Motors has some very unfortunate news for the owners of roughly 700,000 of its pickup trucks: it’s going to need you to go ahead and return those as soon as you possibly can. The vehicles are now the subject of an extremely large recall related to their power steering systems, so unless you’re a …
In recent weeks, Donald Trump has been kicking around the idea of an import tax on Mexican goods. The specifics are nowhere to be found — probably because they don’t exist — but that hasn’t stopped research shop Baum and Associates from working out what the impact would be on the nation’s automakers. Across the board, …
With companies like Google, Tesla and reportedly Apple working on delivering autonomous vehicle technology to the masses, traditional auto manufacturers have begun taking steps to ensure that the industry doesn’t pass them by. Case in point: General Motors today announced its plan to acquire Cruise Automation, a company that achieved acclaim by selling sensor-laden “kits” …
Connected cars are awesome but they also present big opportunities for hackers to cause significant, and potentially deadly, mischief. Reuters reports that white-hat hacker Samy Kamkar says he’s figured out a way to hack into GM’s OnStar mobile app and then use it to remotely open and start GM cars.
With iOS 5 being released on October 12th to everyone (well, everyone who has relatively recent Apple device), Apple is making it available to developers today for testing. It just hit Apple’s developer site, and we’re in the process of getting it installed on our devices. We’ll update you with any new changes we find, …
Apple’s iOS 5 will be released on October 12th for the iPhone 4, iPhone 3GS, iPad, iPad 2 and the last two iPod touch generations. We’re expecting the Gold Master to be released for developers later today. Apple’s free iOS 5 software update brings over 200 new features to the platform including some big ones …
Apple will reset its iCloud backup service on September 22nd ahead of the likely release of its final iOS 5 test build and public iCloud launch. The date corresponds with our earlier report that Apple would launch the iOS 5 GM on September 23rd, and the reset will not have an impact on any bookmark, …
