Elon Musk positioned for $9 billion bonus – report

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Tesla founder and CEO Elon Musk may be about to receive US$7 billion (AU$9.05 billion) in stock, due to the company's performance in 2020. According to a report from news outlet Reuters, the options package will likely be triggered thanks to strong sales results in the second half of last year.

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Jaguar Land Rover Australia believes consumer confidence has returned to the luxury car market following the recent Federal election, where the sitting LNP government was returned to power. Speaking to local media at this week’s launch of the new Range Rover Evoque, JLR Australia managing director Mark Cameron said the conservative coalition victory has already been felt in the company’s showrooms.
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Teacher accused of using rented Toyota Supra for land-speed record attempt

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A high-school teacher in the US could be more than $6000 out of pocket if he is found to have violated the terms of use of a rented Toyota Supra driven to a top speed record. A US high school teacher is facing legal action – and $US4000 ($AU6000) in costs – after being accused of renting a turbocharged Toyota Supra performance coupe from a car-sharing service and used the vehicle in a racing competition without the owner’s knowledge. The high-school teacher from Indiana – and his team of female mechanic students – were on their way to compete in the 2023 U.S. Mile land-speed trials in Texas last month. The girls and their teacher had built a high-performance Chevrolet S10 pick-up for the ‘Texas Mile’ – a competition which sees vehicles try to achieve the highest possible speed from a standing start within one-mile (1.6km) on a runway. However, the 1997 Chevrolet S-10 ute suffered a mechanical failure on the way to the event. Due to the hard work put in to make the 1800km j...
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Donald Trump’s Lamborghini Diablo sets new auction price record

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2022 Nissan Qashqai and Pathfinder delayed, Juke and X-Trail production cut

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Nissan dealers are urging customers to get their orders in, so they can be at the front of the queue when delayed stock arrives next year. Nissan’s biggest model refresh in more than a decade is off to a stalled start after being struck by a fresh round of delays affecting the global automotive industry. The highly-anticipated, new-generation versions of the Nissan Qashqai small SUV and Nissan Pathfinder large family SUV were due in Australian showrooms at the start of 2022. However, a well-placed Nissan Australia insider says these two key models are now not due to arrive until closer to the middle of next year. The setback has prompted Nissan dealers to urge customers to order now so they can be at the front of the queue when the first shipments of the in-demand models begin to arrive in local showrooms. While the global semiconductor shortage has also impacted Toyota , Hyundai and Kia – among other automotive giants – Nissan also faces delays...
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How many cupholders are too many? | Drive Flashback

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Tesla cars to be banned from Chinese government buildings amid security fears — report

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Restrictions on where Tesla electric cars can be driven are reportedly increasing across China as concerns over the data the vehicles can collect grow. Tesla drivers in China are reportedly facing entry bans in government-affiliated buildings as security concerns with the US increase.  According to a report published by  Nikkei Asia , an increasing number of meeting halls and exhibition centres across the country are refusing entry to Tesla vehicles. The report states previous restrictions for the vehicles were generally limited just to military bases, but now a growing number of highway operators, local authority agencies, and cultural centres are reportedly enforcing them.  In an interview with  Nikkei Asia , a local claimed the Grand Halls conference centre in Shanghai has banned Tesla vehicles on its grounds completely, whether it be to park, or just passing through. “If you have a meeting there, the meeting organizer will actually give you noti...
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Bear Grylls’ SAS Gulf War buggy for sale, with optional machine gun

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Here’s your chance to own Grylls’ SAS buggy equipped with a roof-mounted machine gun built for the Gulf War. Image credit: Classic Motor Hub An off-road buggy used by the British Army’s Special Air Service (SAS) and previously owned by celebrity adventurer and former SAS member Bear Grylls is up for sale, and includes a roof-mounted machine gun – with provisions to mount a rocket launcher and anti-tank missile systems, too. Offered by The Classic Motor Hub in Gloucestershire, UK, the 1990 Ricardo Light Strike Vehicle (LSV) is one of 20 built by the British Ministry of Defence (MoD) for use by the elite special forces unit in the 1990-1991 Gulf War. With an asking price of £35,000 ($AU66,400), the open-air LSV is shorter than a Volkswagen Golf hatchback at 4.08m but slightly wider at 2.11m and considerably taller at just over two metres. Classified by the MoD as a ‘Ground Mobile Weapon Platform’, it also includes a deactivated .50-calibre Browning machine gun on top of its ...
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