Tesla’s foray into the electric pickup segment, the Cybertruck, is not just another addition to its fleet but a significant brand accelerator, according to Tesla’s top designer, Franz von Holzhausen. Speaking at the Petersen Automotive Museum in Los Angeles, von Holzhausen emphasized that the Cybertruck’s distinctive, angular design is a strategic move to stir conversations […]

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Tesla witnessed a 2% decline in share price following the launch event of its long-awaited Cybertruck, which raised concerns over its hefty price and the timeline for economic returns. The electric truck’s base price is set at a substantial $60,990, a figure that exceeds CEO Elon Musk’s initial projection by a significant margin. “Cybertruck’s impact on Tesla’s financials in […]

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Ferrari, the iconic luxury car manufacturer, has taken a groundbreaking step by embracing Bitcoin for its U.S. transactions. This move is hailed by CoinFlip CEO Ben Weiss as a significant victory in the market, signaling a new era where cryptocurrency becomes a mainstream payment option. Ferrari’s initiative allows buyers to purchase renowned models like the […]

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In an unprecedented move, Ferrari, the esteemed Italian sports car manufacturer, has decided to ride the wave of digital currency. The company now accepts cryptocurrency as a form of payment for its luxurious sports cars in the United States, signalling a new era for luxury auto purchases. This innovative step is expected to be extended […]

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In the compact city-state of Singapore, owning a car has always been considered a luxury, primarily due to the unique and stringent vehicle quota system, which has recently seen prices soaring to unprecedented heights. The Certificate of Entitlement (COE), a mandatory 10-year ownership certificate introduced in 1990, has reached a staggering cost of $106,000, equivalent […]

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