Tesla just did something big in the car world

By Barry Ritholtz. Tesla has rocked the world of high-performance automobiles with the introduction of its new “Ludicrous mode.” The internal-combustion engine business may never be the same. Regular readers of mine usually know at least two things about me: First, I believe that all predictions are silly, more about marketing than actually trying […]
Apple hires Chrysler executive, furthering speculation of its automotive ambitions

By Fred O’Connor. Apple has hired an automotive industry veteran, increasing speculation that the company is working on an electric car. Earlier this month, former Fiat Chrysler Automobiles executive Doug Betts took an operations role at Apple, according to his LinkedIn profile, which didn’t offer additional information on his new job. The Wall Street Journal first […]