The 2024 Tesla Model 3, particularly the “Highland” variant, introduces noteworthy enhancements in noise reduction and driving comfort. Testing revealed that a Long Range RWD model averages 67 decibels at a 70 mph cruise, a three-decibel improvement over the last tested Model 3, which was a 2019 Dual Motor Long Range. This reduction in noise signifies a significant shift in the driving experience, making long-distance travel more enjoyable. Previous models had been cited for their relative noisiness compared to other vehicles, but the 2024 iteration changes that perception. Several engineering advancements contribute to the improved quietness of the latest Model…
Author: user
Earnings season continues, and we’re here to spotlight the companies set to report their financial results on Tuesday, October 15, 2024. Leading the pack are healthcare giants United Health Group and Johnson & Johnson, along with financial heavyweights Bank of America, Goldman Sachs, and Citigroup. These reports will provide crucial insights into the health of various sectors as we progress through this earnings season. Earnings Before the Open: • United Health Group (UNH): EPS est. $7.02, Revenue est. $99.14B • Johnson & Johnson (JNJ): EPS est. $2.19, Revenue est. $22.17B • Bank of America (BAC): EPS est. $0.76, Revenue est.…
(Reuters) – Citi Research on Monday raised its bull case scenario for oil prices for this quarter and the next one, citing heightened potential of the market to fear or realize supply losses during these months due to growing Middle East conflict.The bank upgraded its bull case for the fourth quarter of 2024 and first quarter of 2025 to $120 per barrel (bbl) from $80/bbl.However, “we maintain our baseline forecast for $74/bbl Brent in 4Q’24 and $65/bbl during 1Q’25, owing to weak underlying oil market fundamentals,” Citi added.It also said it was holding its bear scenario, which includes OPEC+ raising…
Toyota is recalling its 2023 and 2024 Corolla Cross Hybrid models due to a brake component issue that affects a total of 42,199 vehicles. While this number includes vehicles worldwide, not all affected units were sold in the United States. The recall has been documented in filings with the National Highway Traffic Safety Administration (NHTSA), the agency responsible for overseeing vehicle safety and recalls in the U.S. The cause of the recall is a software error in the skid-control electronic control unit (ECU) that oversees the vehicle’s braking system. This malfunction can lead to a loss of power brake assist…
You might be wondering how the Mazda MX-5 Miata could ever compete with the legendary BMW M3. On paper, it seems like a mismatch. The powerful BMW M3 Competition xDrive Sedan boasts a whopping 523 horsepower and can sprint to 60 mph in just 3.4 seconds, putting it in supercars. On the other hand, the 2024 Mazda MX-5 Miata offers both a classic soft-top convertible and a stylish RF version with a folding roof. The Miata starts at a much lower price, ranging from $28,985 to $37,010, and features a modest 2.0-liter inline-four engine that produces 181 horsepower and 151…
ISTANBUL (Reuters) – Turkey’s economy will grow 3% this year and next, lower than the government’s recently updated forecasts, a Reuters poll of economists showed on Monday, pointing to a much deeper slowdown as authorities seek to douse rampant inflation. Poll respondents also unanimously agreed the central bank would hold its key interest rate at 50% on Thursday, but eventually ease policy by 250 basis points by year-end. Ankara launched its tightening drive in mid-2023 to reverse a years-long low-rates strategy championed by President Tayyip Erdogan to boost economic growth. The central bank has since raised rates by 4,150 basis…
A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan.Sopa Images | Lightrocket | Getty ImagesAsian chip stocks rose on Tuesday after Nvidia closed at a record high overnight as the chip company continues to ride the massive artificial intelligence wave.Stocks tied to Nvidia suppliers as well as other chip companies advanced as the bullish investor sentiment spilled over. Shares of South Korean chipmaker SK Hynix, which manufacturers high bandwidth memory chips for AI applications, for Nvidia surged 2.8%.Samsung Electronics, which is expected to be manufacturing HBM chips for some Nvidia products, saw its shares rise 0.5%.Shares…
Kimi Antonelli, the young driver set to take over from Lewis Hamilton at Mercedes in 2025, is currently analyzing Hamilton’s data and believes that their driving styles align closely. This discovery could simplify Antonelli’s transition into the F1 team, as he may not need to make drastic adjustments to the setup charts created by Hamilton. This revelation has garnered attention in the F1 community, highlighting the promising potential of the teenage driver and his ability to adapt to the high-performance demands of the team. In a strategic move to enhance its presence in the United States, McLaren has formed a…
The U.S. election looms large for U.S. investors, but geopolitical risks abroad remain a problem. Active investing can help. Source link
Red Bull is gearing up for a significant upgrade to the RB20 ahead of the 2024 Formula 1 United States Grand Prix. This upgrade aims to enhance the car’s mechanical and aerodynamic performance as the team makes one last push to secure both championship titles. Team principal Christian Horner indicated that the upcoming race in Austin presents an opportunity for all teams to roll out important updates, mentioning that competitors like Ferrari, Mercedes, and McLaren will also be introducing new features. This effort is particularly crucial for Red Bull, as they seek to address the challenges faced in recent races.…