Tesla also said it is updating its older vehicles, the Model S sedan and X SUV with new motors, batteries and interiors. A “plaid” high-performance version of the Model S will be able to go from zero to 60 mph (97 kilometers per hour) in under 2 seconds, making it the world’s fastest car, Musk said. Source link

The external fund manager backed by Berkshire Hathaway’s Charlie Munger, Li Lu, makes no bones about it when he says ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin. We note that Ford Motor Company (NYSE:F) does have debt on its balance sheet. But is this debt a concern to shareholders? When Is… Source link

A speed limit of eight miles per hour. Traverse City’s first automobile fatality. The Napoleon. A look back at the history of the automobile in Traverse City showcases technological advances and business failures, the foibles of early driving machines and more. An entry in the Daily Eagle newspaper dated Sept. 8, 1903, notes that automobiles “shall not be run at a speed exceeding eight miles an hour” in an area defined by Garfield Avenue, Carver and Seventeenth Streets on the south… Source link

Best for Classic Cars: Hemmings  Hemmings Hemmings is an online marketplace for classic cars and car parts from the 1930s to the 1980s. Its car enthusiasts’ blog, newsletter, and info about local auctions and car clubs make the website a vintage car lover’s dream and our pick for the best website for buying and selling classic cars. Pros Blog and newsletters for classic car lovers Buy and sell classic car parts as well as cars More affordable than ClassicCars.com

Let’s take a trip back to the early 90s to see how much this lowly light-duty truck became a piece of folklore. Remember how… Source link

News The latest and updated car-related news for women. Women on Wheels (WOW) covers everything from local news to motoring affairs happening around the world.  On your bike! The petrol-price increase and the congestion on our roads are just two reasons why sometimes biking is better. An increasing number of women are opting for two wheels…. Source link