Tesla has increased prices for all four of its current production EVs once again, this time raising them by quite a significant amount. According to new reports, Elon Musk‘s company has hiked up prices for both the Model 3 and Model Y by $2,000 USD, giving them starting prices now at $43,990 USD and $56,990 USD respectively. The Model S and Model X receive even bigger increases, going up by $5,000 USD to now $94,990 USD and $104,990 USD. Price hikes aside, delivery times for new orders have now been hit with long delays as well. Model 3 orders won’t arrive until June for those purchasing the larger wheeled variant, while its standard version will come as late as September. The Model Y’s respective versions will arrive in May and August, followed by Model S orders in June ...
The BMW E46 M3 GTR is one of those cars that many automotive fans know and love, but have never seen aside from on the screen while playing Need for Speed: Most Wanted. Now, Young Timers Garage has got its hands on one of the two race cars ever made with a V8. Served up in a stock shade of gloss silver-gray without any racing liveries, this M3 comes fully specced for the race track. Unlike its roadgoing sibling which features an inline six-cylinder engine, this GTR is offered with an M5-sourced 4.9-liter V8 that’s mated to a six-speed manual transmission, driving the rear wheels. Three other GTR iterations were made but were fitted with a six-cylinder race engine — just #004 and #005 came with the V8. It was completely overhauled for racing, featuring a double row timing chain,...
While fans of the Cybertruck often praise the futuristic pickup for its sleek, streamlined, and minimalistic design aesthetic, it now turns out that the car will have protruding side mirrors after all, as confirmed by Tesla CEO Elon Musk. The slight change in design was first noticed by enthusiasts after a video was uploaded to YouTube showing a Cybertruck test drive in California. While the quality of the video itself is pretty law, the new side mirrors are still easily recognizable in the footage. As expected, some who watched the video weren’t happy about the new additions and took to Twitter to express their dismay. Recognizing this, Musk also went on the social media platform to explain that the side mirrors were installed because “they’re required by law,” but...
The Ferrari LaFerrari stands alongside the McLaren P1 and Porsche 918 Spyder as one of the best modern hybrid hypercars in the world, and with just 499 ever made, it’s also one of the rarest. Now, a one-off example featuring plenty of special made-to-order touches has been listed at RM Sotheby’s upcoming auction in London, and as expected, it’s going to cause quite the stir in the bidding room. What makes this LaFerrari so special is that it’s finished in a one-of-one special-order paint job of “Vinaccia,” which is like a dark berry red, over a “Pelle Chiodi Di Garofano” leather interior. This colorway is a replica of the tones found on two of the owners’ classic Ferraris, and on the LaFerrari, it gives the contemporary hypercar an air ...
Tesla posted its third-quarter earnings on Wednesday, noting a record net income, operating profit and gross profit, as well as an operating margin that exceeded expectations. “[Electic Vehicle] demand continues to go through a structural shift,” the company wrote. “We believe the more vehicles we have on the road, the more Tesla owners are able to spread the word about the benefits of EVs.” Tesla’s total revenue grew 57% year-over-year in Q3 to a record $13.76 billion USD, attributed to a growth in vehicle deliveries as well as growth in other areas of the business. The company reported a $1.6 billion USD third-quarter profit alongside an improved operating income of $2 billion USD in Q3 compared to the same period last year, resulting in a 14.6% operating ma...
Tesla is reportedly holding on to its initial stake in Bitcoin after the announcement of the cryptocurrency‘s most recent spike. According to Bloomberg, the electric vehicles manufacturer previously declared that it had invested $1.5 billion USD into Bitcoin, but sold 10% of its stake back in April. Earlier this week, Tesla also revealed that their earnings from “digital assets totaled to approximately $1.26 billion USD at the end of Q3. Though it is $1.31 billion USD less than the previous quarter, the amount was written off as “Bitcoin-related impairment.” While previous Tweets from Elon Musk have shown that the CEO might be more in favor of the Doge coin, often posting images of the Doge coin mascot, it seems as if the company is not moving away from its commitme...
Porsche has announced that the 718 Cayman GT4 is getting a big brother in the form of a 718 Cayman GT4 RS. The RS moniker has previously been reserved exclusively for the German marque’s 911 range, producing models such as the GT3 RS and the rare GT2 RS line-up. Today, Porsche shows the upcoming 718 Cayman GT4 RS taking on the infamous Nürburgring-Nordschleife circuit, tackling the track in just 7:09.300 minutes. For the record, Porsche holds the current production car lap record with its 911 GT2 RS Manthey-Racing model, which lapped the ‘Ring in just 6:43.300 minutes, while the outright record is also held by Porsche with its 919 that did the lap in 5:19:55. This lap time is 23.6 seconds faster than its little brother, the 718 Cayman GT4, which in racing terms is essentially a...
The BMW M3 E30 is a poster child of the 1990s, and 30 years on it’s still a coveted German performance car — especially when it’s an M3 E30 Sport Evo (Evolution III), or simply put, one of the rarest iterations ever made. Just 600 examples of the Sport Evo III were made between 1989 and 1990 as a Group A homologation special. As a result, it saw an upgrade to the 2.5-liter four-cylinder S14 engine to produce 238 BHP, which is managed by a dog-leg five-speed manual transmission that sends the power to the rear wheels. Elsewhere, the differential ratio was fettled with, as was the styling. At the front, BMW added a much wider front wing with an adjustable spoiler, as well as another adjustable spoiler at the rear, alongside brake cooling ducts in their front bumpers and 16&...
DRIVERS is a series highlighting influential individuals in the HYPEBEAST sphere and their passion towards all things automotive. The approach is simple: what is car culture to you, and why do you have a passion for it? Each contributor is given a chance to shine light on their personal vehicle or vehicles, and asked to remark on how they are driving culture forward, both metaphorically and literally. There are often many ways to get your career started in automotive – from humble beginnings working on cars at your local garage, to being the traditional freelance writer covering car meets, events, shows and more. For Samuel Du, his path was carved ever since he picked up a camera, and the rest is history. Sam worked in the automotive journalism world for 14 years, which is enough time for ...
For our latest episode of Behind the HYPE, we’re looking at the epitome of excess, class, status and luxury – the Rolls-Royce Phantom, a car that is often imitated but impossible to replicate. The Phantom is the ultimate luxury limousine from British automaker Rolls-Royce Motor Cars Limited, which was acquired by BMW in 1998 to operate and recognized separately from the cars made previously within the century. In 2003, the new company under BMW produced the Phantom as its first vehicle, to worldwide acclaim and fame. Its adoption into pop culture cemented it as the pinnacle of automotive luxury, with never-before-seen amenities, technological features that seemed like sci-fi, a sumptuous ride akin to private jets and, surprisingly, powerful performance as well. Royalty, rappers, and ...
Big A Trailer has just sold United Nude‘s “Lo-Res” concept car for a surprising price of $111,111 USD. Sold with proceeds going towards the maintenance of the Petersen Museum and Energy Independence Now, the “Lo-Res” car from the footwear brand has gained a lot of attention throughout the years — winning a Wallpaper Magazine Design Award, a spot at Petersen Automotive Museum’s Disruptors exhibition, and has even appeared in Rich the Kid and Kendrick Lamar’s “New Freezer” music video. United Nude mentions that the car was inspired by the Lamborghini Countach, but it is also reminiscent of Tesla’s Cybertruck with its angular lines. The car is accessible via a full clamshell top which opens via remote control. For those curious as to...
Amazon‘s autonomous vehicle company Zoox will be testing its cars in Seattle, marking the third city it has entered after San Francisco and Las Vegas. The company also plans on opening a new office in Seattle following the testing. Zoox is currently set to deploy a small number of its automobiles to the city to get a better understanding of Seattle’s streets before going forward with expanding its operations. Zoox’s CTO and co-founder Jesse Levinson said, “We’re excited to be testing in Seattle. The data we’re gathering will be invaluable for the continued development of our AI stack.” Toyota Highlander SUVs will be given a full makeover to include retrofitted sensors and special computer hardware to allow the cars to drive autonomously. Down the l...