Looks like Tesla has come up with yet another great reason to buy one of its cars. We all know Teslas mission is to prove it can build the best cars in the world, and we love every second of it. The automaker has recently announced that the Model S hit 60 mph in 2.28 seconds, making it the fastest hypercar out there. According to Business Insider, the latest and greatest from CEO Elon Musk is a concept to offer insurance and maintenance in the cost of its vehicles.
Tesla has already rolled out this concept in Asia, but Jon McNeil, Teslas president of sales and services is confident it will transition to the U.S. He said, “It takes into account not only the Autopilot safety features but also the maintenance cost of the car. It’s our vision in the future we could offer a single price for the car, maintenance, and insurance.” This concept makes sense, seeing that Tesla cars don’t require as much maintenance as a normal gasoline or diesel car. It also seems interesting on the insurance side since, in theory, a self-driving car should be safer than a normal car, and therefore command lower insurance rates. Tesla might be paving the way in designing a way to make the car ownership experience even simpler for customers.
Yes, you read that right. The Chevrolet Camaro ZL1 hit 202.3 mph. This happened while testing the car on the 7.6-mile long high-speed oval at Germany’s Automotive Testing Papenburg ground. The official top speed read 198 mph, but the average is achieved by running the car in both directions and compensating for wind.
“It’s the most capable – and fastest – Camaro ever,” said Al Oppenheiser, Camaro chief engineer, in a press release.
The ZL1 tester was packing the available 10-speed automatic transmission and a set of Goodyear Eagle F1 Supercar 3 tires set at 44psi. The car is powered by a 650-hp, 650-lb-ft 6.2-liter supercharged V-8. The 2017 Chevrolet Camaro ZL1 has a starting price of $63,435 when you opt for the six-speed manual, and $65,830 when you go with the 10-speed automatic.
Tesla announced its forth quarter 2016 earnings report to shareholders today. Despite missing a few goals and the acquisition of Solar City, the report looks decent. Revenue for Q4 was projected to be $2.201 billion, with a loss of $0.13 per share. But, Tesla beat that with a higher revenue of $2.284 billion, but had a loss of $0.78 per share. Full year revenue, you ask? Tesla was up 73 percent over 2015 at $7 billion. The company saw a capital growth balance of $300 million. And all is right and well in the world of Elon.
As for production, Tesla expects to sell up to 50,000 Model S and X vehicles combined in the first half of this year. That would mean an approximate 71 percent improvement from the first half of 2016. The company also announced that battery production has started in the Gigafactory, and that the Model 3 is on track for July with full-scale production starting in September. Potential owners, it’s time to get excited… you might just get your ride by the end of the year.
Not to fear, the all new Ford Fiesta ST is here. Well, tomorrow it will be. Ford Europe released a teaser video on its Instagram announcing the full reveal set for tomorrow, February 24th. The video shows shots of the car racing through a factory, as well as a BMX rider racing the car. Unfortunately, this video doesn’t reveal too much. Thanks to the camera angles and the camouflage on the car, we’ll have to wait till tomorrow for the big show. Check it out:
The high-performance sedan is metaphorically flying off the shelves. Order books close at the end of this month, so there’s no time like the present to secure yours. Let’s face it, what’s not to like about a nimble, rear-wheel drive sedan packed with 415-horsepower V8. The cherries on top go to the available six-speed manual transmission and GM’s Magnetic Ride Control shocks.
With about 10 days left to place your order for your very own SS, it’s time to act fast. World-class sedan buyers on a budget can’t wait to scoop up this $50,000 ride. So, if you’re in the market for one of these sleek rides, find yourself at a Chevy dealer and play it cool. Enjoy.