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Fanatics from South Korea have invested $ 15 billion in Tesla. “Teslamists” unconditionally believe in Elon Musk and his company

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According to Bloomberg, investors from South Korea have invested more than $15 billion in Elon Musk’s Tesla company. It is noted that in one case, a South Korean family bought Tesla shares with all their savings: Park Sunghyun and her husband sold their house in Seoul and moved into a rented apartment with their 7-year-old son, and all available funds in the amount of 230 thousand dollars invested in Tesla. According to Bloomberg, the majority of investors bought shares during the pandemic.

Fanatics from South Korea have invested $ 15 billion in Tesla.

Bloomberg writes that such investors call themselves “Teslamists” – from the words Tesla and Islam, emphasizing the almost religious faith in Musk and his company. In online conversations, some investors also use the phrase “temen” – a combination of the words Tesla and amen.

Fanatics from South Korea have invested $ 15 billion in Tesla.

Key Tesla Investors

South Korean investors collectively own approximately 1.6% of the company’s shares. This is more than the share of billionaire Larry Ellison or investment group T. Rowe Price.

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Electric Cars

Ford has developed a new unique way to reduce the turning radius of the car

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Ford has developed a new unique way to reduce the

Ford has come up with a new solution to reduce the turning radius of cars. If other companies add a steered rear axle, then Ford suggests reducing the turning radius by changing the torque on individual wheels.

The manufacturer has already filed a corresponding patent application with the United States Patent and Trademark Office (USPTO). The description of the patent says that a special controller will monitor indicators such as steering angle and wheel speed, thereby determining the need to reduce the turning radius. Ford calls this feature “turn assist mode.”

Ford has developed a new unique way to reduce the turning radius of the car

When this mode is activated, the system reduces the torque transmitted to the rear inner wheel and sends more torque to both front wheels. Torque reduction for the rear wheels can be achieved by braking, and therefore the system can be used, including for front-wheel drive vehicles.

It is not yet known when such a system will be implemented in Ford production vehicles. It is quite possible that the development will not reach the stage of commercialization.

Ford has developed a new unique way to reduce the turning radius of the car

Ford previously announced the development of a new safety system that will allow cars to automatically slow down where there is a high likelihood of accidents involving pedestrians or cyclists.

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Electric Cars

Ford Suspended Car Deliveries for an Unusual Reason – Not Enough Logos

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Ford Suspended Car Deliveries for an Unusual Reason Not

Ford is facing an unusual shortage. The auto giant has run out of nameplates, delaying deliveries, according to Carsoops, citing The Wall Street Journal.

Ford Suspended Car Deliveries for an Unusual Reason - Not Enough Logos

According to sources, Ford had to delay deliveries of some car models because the company did not have enough of its logos and model nameplates. The shortage affected some important models for the American manufacturer, including F-series pickups.

Ford management looked for alternative solutions, but finding them turned out to be more difficult than one might think at first. In particular, the manufacturer tested 3D-printed logos as a temporary solution, but in the end, the company abandoned this idea, since such nameplates turned out to be of poor quality.

Tribar Technologies, which supplies exterior trim to Ford and many other manufacturers, was reportedly forced to halt production in August after dumping industrial chemicals into the local sewer system. According to the source, the release did not cause significant harm to the environment and at the moment Tribar is operating at full capacity. However, the suspension of production may well have been the cause of the shortage faced by Ford.

The other day, Ford said that by the end of the quarter, the company will have between 40,000 and 45,000 new vehicles in stock that cannot be shipped to dealers due to a shortage of parts. In addition to the shortage of nameplates, the manufacturer is in dire need of chips and other important components. According to analysts, supply problems may persist until 2024.

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Powerful sedan from Geely and Volvo on the Geely Tugella platform with 25 sensors. Lynk & Co 03 entered the Chinese market

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Powerful sedan from Geely and Volvo on the Geely Tugella

The new generation Lynk & Co 03 sedan from Geely and Volvo has gone on sale in the Chinese market. The car received a new exterior, interior and engines.

Lynk & Co 03 is built by two companies on the CMA platform known from Geely Tugella. The first generation of the car was released in 2018. The new generation retained the style, but became sportier thanks to the large grille, bumper and new DRLs. At the rear is a single element of the lanterns. The sports version of the sedan called 03+ received a spoiler, as well as an exhaust system with four tailpipes.

Powerful sedan from Geely and Volvo on the Geely Tugella platform with 25 sensors.  Lynk & Co 03 entered the Chinese market

The dimensions of the new car were 4684 x ​​1843 x 1460 mm with a wheelbase of 2730 mm. It has increased by 27 mm in length and 3 mm in width, while the height has decreased by 12 mm. The screens have become larger, the diagonal of the digital “tidy” is 12.3 inches versus 10.25 for the previous generation. And the diagonal of the main screen is now 12.8 inches.

Powerful sedan from Geely and Volvo on the Geely Tugella platform with 25 sensors.  Lynk & Co 03 entered the Chinese market

Was and became

The car has 25 autonomous driving sensors, including 12 ultrasonic radars and 5 mm radars. Petrol versions lost the 1.5-liter engine, which was replaced by a 2-liter turbo engine with 254 hp. A couple of this motor will be a 7-speed “robot”. And the more productive Lynk & Co 03+ will get a 265 hp engine, all-wheel drive and an 8-speed torque converter.

Powerful sedan from Geely and Volvo on the Geely Tugella platform with 25 sensors.  Lynk & Co 03 entered the Chinese market

The hybrid version is based on a 1.5-liter ICE with 150 hp, paired with a 3-speed DHT Pro gearbox. The total power reaches 245 hp. and 545 Nm. The fuel consumption of the system in this case will be 4.5 l / 100 km.

Powerful sedan from Geely and Volvo on the Geely Tugella platform with 25 sensors.  Lynk & Co 03 entered the Chinese market

The price of the car starts at $21,700.

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