Columbus, OH

After she got divorced in 2021, Sora Lee bought a brand new Tesla Model 3 for just over $70,000. But she now wishes she had spent the money differently. "I just really wanted a Tesla because it's something my ex wouldn't let me [have], and I regret buying that full price," the 34-year-old tells CNBC Make It. "Huge mistake."

34-year-old earning $400,000 a year: I regret buying a brand-new Tesla—it was a 'huge mistake'

It is fair to say that the transition to electric mobility is not going as well as most car manufacturers had imagined. Several of them are now postponing their ambitious targets and are no longer so sure when the transition to an all-electric manufacturer will be complete. Just last year,...

VW reverses stance on combustion engines: Billions are now being invested

New York Post

Electric car maker Rivian’s shares soared as much as 28% Wednesday after Volkswagen revealed it would invest up to $5 billion to jumpstart the Tesla rival’s growth.

VW said it would initially invest $1 billion into a joint venture to create what was described as a “next generation software-defined vehicle platform” that will be used in both firms’ electric cars. Rivian is slated to receive another $4 billion in total by 2026.

The deal was seen as a much-needed boost for Rivian, which has burned through cash and taken heavy financial losses while ramping up production despite slowing consumer demand for EVs....

Rivian soars as Volkswagen plows $5B into struggling EV maker: ‘Game changer’

Rivian teased five new vehicles beyond the previously announced R2 and R3. Rivian might be working on a smaller electric pickup truck alongside new SUVs. The new vehicle teasers come as Volkswagen announces it will invest $5 billion in Rivian. Rivian may be working on more models beyond the R2...

Rivian teases 5 vehicles in announcing tie-up with VW Group

Business Insider

The deal gives Rivian a financial cushion to continue developing a much cheaper SUV, one that could retail for around $45,000.

Rivian just got a $5 billion investment from Volkswagen, and it could help Rivian solve one of its biggest problems

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J. Souza

An 81-year-old foreign passenger was found dead in her cabin onboard a Maltese-flagged cruise ship on Saturday afternoon, according to a statement from the Greek Coast Guard. A Greek news outlet reported that the incident occurred while the vessel was docked at the picturesque Port of Mykonos, a popular tourist destination in the Aegean Sea.

Cruise Ship Passenger Found Dead in Cabin, Coast Guard Reports

CarBuzz.com

GM Design reveals a never-before-seen Cadillac coupe concept that could have rivaled German luxury offerings. The concept influenced the design of current Cadillac models like the CT5, but unfortunately, it was never put into production. The elegant concept features a clean design, muscular lines, and a luxurious interior. Luxury coupes...

Cadillac Almost Had A Camaro-Style BMW M2 Rival: This Is What It Would've Looked Like

Huntsville, AL

Mazda has a history of strategic partnerships with various companies, which have significantly influenced its growth and technological advancements. Over the years, Mazda has also engaged with other companies, such as Toyota, to share technology and reduce production costs. After Ford's divestment in 2015, Mazda faced significant challenges in the...

Mazda And Toyota The Story Behind An Unlikely Relationship

Americans continue to embrace side hustles as a way of earning some extra cash. More than half, 54% say they've adopted one in the last 12 months, according to a February 2024 MarketWatch Guides survey of 2,000 Americans. If you are interested in building an extra income stream, there are...

3 easy online side hustles you can pick up any time: Some can pay as much as $200 per hour

David Boole, Baycrest, joins 'Fast Money' to talk the recent action in Chewy and how it can be tied to a tweet from Roaring Kitty.

Chewy options explode as roaring kitty posts cryptic tweet

Cowen, WV

TD Cowen President Jeff Solomon joins 'Money Movers' to discuss private credit risks, opportunities in the credit market, rate cuts, and more.

TD Cowen President breaks down private credit risks

New York City, NY

The New York borough of Manhattan is the most expensive place to live in the U.S. — and the cost of living in the No. 2 place isn't even close. The cost of living in Manhattan is more than twice the national average. The second- and third-most expensive places are Honolulu and San Jose, California, but in comparison, they are much more affordable. Manhattan is 24% more expensive than Honolulu and 30% more expensive than San Jose.

The 10 U.S. places with the highest cost of living—No. 1 costs more than double the national average

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The e-Texan

New York – As Trump anticipates his sentencing on July 11th in the New York hush money case, Florida Judge Aileen Cannon made a ruling this Monday. Despite rejecting Trump’s legal team's request to dismiss several charges in the classified documents case, she conceded on a minor point. She removed a portion of the charges that referenced an uncharged allegation, but upheld the other charges.

Legal expert says Trump should not be jailed after New York guilty verdict because he is ‘too old’

Trenton, NJ

U.S. Bankruptcy Judge Michael Kaplan approved Rite Aid's bankruptcy plan at a court hearing in Trenton, New Jersey, saying that the restructuring had saved the company from having to shut down and liquidate operations. Rite Aid used its bankruptcy to close hundreds of stores, sell its pharmacy benefit company Elixir,...

Rite Aid bankruptcy plan approved, cutting $2 billion in debt

Chicago, IL

Matteson, IL

A freight train derailed in a Chicago suburb on Thursday, briefly sparking evacuations of nearby homes and businesses. The train derailed at 217th Street and Main in Matteson, NBC Chicago reported. A mandatory evacuation was underway amid a suspected leak from the derailed cars. The evacuation affected people and businesses...

Freight train derails in Chicago suburb, triggering evacuations over suspected leak

Mazda's shaking things up with the 2025 Mazda3, slashing prices and adding entry-level trims. It’s a breath of fresh air for buyers battered by the ever-rising costs of modern machinery. The Mazda3 sedan gets a price cut, while the hatchback sees the reintroduction of the S trim, making the popular compact even more affordable.

Mazda Makes The 2025 Mazda3 Even Better Than This Year's Mazda3

California State

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Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

The Nissan Z is the latest in a long line of iconic sports cars. I enjoyed the Z's twin-turbocharged V6, 6-speed manual gearbox, and retro looks. 

I drove the new $55,000 Nissan Z, and it lives up to its reputation as an iconic sports car

MotorBiscuit


The 2025 Volkswagen Jetta GLI returns with a six-speed manual transmission option as the Golf GTI drops the stick.
The post This Volkswagen Sedan Refuses To Give Up Its Manual Transmission for 2025 appeared first on MotorBiscuit.

This Volkswagen Sedan Refuses To Give Up Its Manual Transmission for 2025

CNBC’s Eamon Javers joins 'Power Lunch' to discuss Democrats choices for moving forward with the presidential election.

Democrats three paths forward with Biden after debate

NewsBreak

Volkswagen's deal with Rivian is positive, but rewards will not be felt for years: analyst

Cyrus Mewawalla, head of thematic intelligence at GlobalData,...

Volkswagen's deal with Rivian is positive, but rewards will not be felt for years: analyst

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