Elon Musk, outspoken CEO of Tesla, has confirmed the company was close to running out of cash as it dealt with numerous production issues surrounding its Model 3 sedan.
In an interview with the Axios news program, which airs on HBO, Musk said, "The company was bleeding money like crazy [earlier this year], and if we didn’t solve these problems in a very short period of time, we would die".
Audi e-tron GT concept revealed, but with camouflage on
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The Audi e-tron GT concept has been revealed (sorta) before, hopefully, its full unveiling at the 2018 Los Angeles motor show this week.
In this latest tease ahead of the Los Angeles show, Audi has given us another glimpse at the concept's LED headlight design.
The company has also provided photos of the car's exterior, but with it still covered up with an eye-distracting camouflage wrap.
The next-generation BMW 3 Series Touring has been snapped again by photographers, before it joins the recently-revealed sedan on the market sometime next year.
In these latest photos, we can see the B-pillar forward is pretty much identical to the new 3 Series sedan, while the rear apes the design of the larger 5 Series Touring.
The higher roofline and more practical wagon booty will bring enhanced load-lugging capacity, so expect a larger volume than the 480L quoted by the sedan.
The Rivian R1T electric ute has been unveiled ahead of its in-the-flesh debut at the 2018 Los Angeles motor show later this week.
Measuring 5475mm long, 2015mm wide and a riding on a 3075mm wheelbase, the R1T has been sized to compete with the Ford F-150, Chevrolet Silverado and Ram 1500.
Three battery packs will offered with the R1T, with the 105kWh model promising a range of over 370km, the 135kWh version good for over 480km, and the top-shelf 180kWh model good for around 650km.
Photographers have nabbed images of what is believed to be the Lynk & Co '01 Coupe', which will serve as the Chinese start-up's fourth model in its growing family.
In similar style to the BMW X4 and X6, along with the Mercedes-Benz GLC and GLE Coupes, the 01 Coupe will blend the high-riding body of a crossover with the sloping roofline of a coupe, serving as a design-focused niche product.
