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Tesla, DJT Stocks Rally After Musk-Trump Farrago

Tesla, DJT Stocks Rally After Musk-Trump Farrago

Elon Musk and President Trump in the White House on May 30. Their feud escalated Thursday, knocking Tesla's stock. (Nathan Howard/Reuters)
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Tesla Aftermarket Company Claims It Built an 'Indestructible' Wheel for Rideshare Drivers
Tesla Aftermarket Company Claims It Built an 'Indestructible' Wheel for Rideshare Drivers

The Drive

time22 minutes ago

  • The Drive

Tesla Aftermarket Company Claims It Built an 'Indestructible' Wheel for Rideshare Drivers

The latest car news, reviews, and features. Typically, forged wheels exist in the realm of high-performance vehicles that see track abuse. They're stronger than the cast wheels that comprise most OEM and aftermarket equipment, at the penalty of a much higher cost. One Tesla aftermarket specialist is marketing their latest set of forged rims to a different sort of clientele, though: hard-driving Uber drivers and future robotaxi operators who put their vehicles through constant abuse on pothole-strewn roads. They've even gone so far as to call their product 'indestructible.' That's a tall claim, especially considering Unplugged Performance is selling these 'Road Warrior' wheels with a 'lifetime replacement guarantee if owners manage to bend or crack' them. On one hand, that signals faith in the goods, which is always encouraging to see; on the other, if we're even entertaining the possibility that these could crack or bend, then they're not really indestructible, are they? Marketing aside, forged wheels are generally pretty strong, and Unplugged says its Road Warrior design also draws within 0.01 Cd of Tesla's lowest-drag factory wheel, thanks to a 'structurally integrated forged aerodynamic disc' that mitigates turbulence. Looking at a Road Warrior wheel side-on, it does look a little funky, backing a typical aftermarket 10-spoke design with a large plate that's chamfered along the inner edge. Unplugged Performance The outer edge is interesting, too, because Unplugged is shipping these with swappable aluminum guards to protect against curb rash, which you can see in one of the images above. This is a pretty good idea on its surface, because banging into curbs is something rideshare drivers probably do a lot. However, a two-pack of these costs $80, per the company's website, and a particularly careless or sloppy parker is going to be chewing through them like crazy. At which point, I'd be remiss not to mention the tried-and-true champion of cheap durability for anyone truly concerned about potholes: steel wheels and tires with chunky sidewalls. It's true that they look good on everything—even Teslas, no matter what your passengers say. They may increase unsprung weight and drag, but if you're ultimately concerned with your bottom line, like road warriors tend to be, they'll endure just about anything. Going back to Unplugged's 'indestructible' wheels, they run $2,595 for a 19×8.5 set, or $2,995 for a 20×8.5 set. That's actually quite cheap as far as forged wheels go, though we can't attest to their quality. The fitment is geared for the Tesla Model 3 and Model Y, with the latter also serving as the automaker's first 'Robotaxi' autonomous vehicles now popping up in cities like San Francisco. Got tips? Send 'em to tips@

RBC's Calvasina Says Too Early to Dismiss Tariff Hit to Earnings
RBC's Calvasina Says Too Early to Dismiss Tariff Hit to Earnings

Yahoo

time41 minutes ago

  • Yahoo

RBC's Calvasina Says Too Early to Dismiss Tariff Hit to Earnings

(Bloomberg) -- The US reporting season is off to a strong start, but it would be premature to write off the impact of tariffs on inflation and corporate earnings, according to RBC Capital Markets strategists. The High Costs of Trump's 'Big Beautiful' New Car Loan Deduction Can This Bridge Ease the Troubled US-Canadian Relationship? Budapest's Most Historic Site Gets a Controversial Rebuild Trump Administration Sues NYC Over Sanctuary City Policy The team led by Lori Calvasina said early trends suggest US companies have been resilient to the trade war so far. However, a slate of executives have warned that the effects will become clearer in the second half of the year, they said. 'It's still too early to assume tariffs won't generate inflation pressures,' Calvasina wrote in a note that was published Sunday, after the trade agreement between the European Union and the US was announced. 'It also poses a risk to the path of stock prices if company outlooks for 2026 don't end up being as rosy as investors have been anticipating.' US stocks have rallied to record highs as investors bet earnings would continue to be robust. About 82% of S&P 500 companies have beaten second-quarter earnings estimates to date, the largest share in almost four years, according to data compiled by Bloomberg Intelligence. Progress in US trade negotiations has also lifted sentiment. In the latest agreement announced Sunday, Washington and the European Union agreed on a pact that will see the bloc face duties of 15% on most of its exports. Some market forecasters including Morgan Stanley's Michael Wilson have turned more optimistic about the S&P 500 as they expect earnings to remain upbeat. On Monday, Oppenheimer & Co.'s John Stoltzfus upgraded his year-end target for the benchmark to 7,100 points — the highest among strategists tracked by Bloomberg. However, others like UBS Group AG's Bhanu Baweja have previously warned the market was too optimistic about profit margins being protected even in the face of higher levies. Burning Man Is Burning Through Cash It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Elon Musk's Empire Is Creaking Under the Strain of Elon Musk Confessions of a Laptop Farmer: How an American Helped North Korea's Wild Remote Worker Scheme Scottish Wind Farms Show How to Counter Nimby Opposition ©2025 Bloomberg L.P.

Elon Musk's Boring Co. tunnel in Nashville: Who can and can't use the Music City Loop
Elon Musk's Boring Co. tunnel in Nashville: Who can and can't use the Music City Loop

Yahoo

timean hour ago

  • Yahoo

Elon Musk's Boring Co. tunnel in Nashville: Who can and can't use the Music City Loop

The Boring Company's upcoming Music City Loop isn't for everyone, and it has strict requirements for its users. Only Teslas will be allowed in the Music City Loop, but not just anyone can drive on it. Tennessee Governor Bill Lee officially announced a new private transportation project for the Volunteer State on Monday, July 28. Elon Musk's The Boring Company, an American infrastructure and tunnel construction service, will build a tunnel system to reduce transit time between downtown and the Nashville International Airport (BNA). If successful, the tunnel could eliminate traffic delays for users, allowing them to bypass one of the most annoying traffic backups in the city. What is the Nashville tunnel The Boring Company is making for? The Boring Company doesn't just create tunnels, it creates transit systems. These systems are emission-free and utilize a fleet of Tesla electric vehicles like the Model 3 sedan and Model X midsize SUV to transport users. They are driven by Loop operators without the use of any semi-autonomous technology, despite Tesla's recent Robotaxi push. Can any driver in Nashville use the Music City Loop? If you want to make use of the Music City Loop (if and when it's completed), you can't operate your own vehicle in the underground tunnel. Even Tesla owners aren't permitted to drive through the Loop. In order to make use of the service, Tennesseans and travelers must go to a Music City Loop entrance and ride in one of the Tesla EVs in the company's fleet, accompanied by an experienced Loop operator. Why aren't drivers allowed to use the Music City Loop on their own with their own vehicles? For gas drivers, smog from internal combustion engine exhaust systems would be disastrous and potentially fatal. Most major underground subway systems, such as the New York City Subway, are all electric railways. For EV drivers and Tesla owners, the Loops are much too narrow to navigate for those unfamiliar with the tunnels. Their diameters are designed specifically for cost-reduction with the dimensions of fleet vehicles in mind. Allowing drivers to navigate the tunnels on their own would be a huge liability. So, expect the Loop to operate as more of an underground private taxi service than an underground express lane. Are Tennessee taxpayers funding the Music City Loop? The Music City Loop will be constructed at "zero cost to taxpayers," according to the Office of the Governor. Loop tunnels typically cost about $10 million per mile on average, said Business Insider. The project's initial phase spans 10 miles, so it could easily cost over $100 million to build. Will it cost to use the Music City Loop? As for the cost of using the Music City Loop, pricing info has yet to be released. Similar Loop pricing gives us some clues as to what users could pay in Nashville. Prices for the Vegas Loop range from $5 to $12. Transit times range from three to eight minutes, with times and fares varying based on the distance and Loop entry point. Who benefits from The Boring Co.'s Music City Loop? If you have no issue getting from downtown Nashville or the Convention Center to BNA, the Music City Loop may not benefit you at all. On the other hand, if you despise the major traffic backups that can surround the airport at times, then the Loop is "innovation at its finest", in the words of U.S. Department of Transportation Secretary Sean Duffy. The Loop is a zero-emissions high-speed transit system best for folks who are willing to spend a few bucks to avoid heavy traffic. It could potentially help Nashville support tourism and ease congestion, which is a net positive for Tennesseans and travelers. When does the Music City Loop open? Construction is expected to begin this fall and initial legs should be operational in Q4 2026, according to The Boring Company. This article originally appeared on Nashville Tennessean: Can anyone drive on The Boring Company's Music City Loop in Nashville? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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