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☆ Tesla short-seller names 2 auto stocks to own — giving them 100% upside
▼ + stars: | 2024-04-04 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

A Tesla short-seller named two auto stocks that he believes have the potential to deliver 100% upside for investors. Lekander, who holds a short position in Tesla shares, has said the EV carmaker could "go bust" while its stock could fall to $14. His comments came after Tesla reported 386,810 vehicle deliveries in the first quarter, significantly below the lowest market estimates . Valuing AI in auto Lekander also dismissed the notion that Tesla's self-driving software justifies its high valuation, noting that the product is still in early research and development. "I thus remain massively bullish quality auto stocks, Stellantis and Mercedes are my favourites as they are well run and fully investor owned," Lekander told CNBC via email.

Persons: Per, Mercedes, Tesla, Lekander, CNBC's, Lekander's, — CNBC's Arjun Kharpal Organizations: Clean, Mercedes Benz, Romeo, Chrysler, Dodge, Fiat, Jeep, EV, Nvidia, CNBC, Stellantis

☆ Son of Dominican Republic Politician Is Fatally Shot in Houston, Police Say
▼ + stars: | 2024-04-03 | by ( Jesus Jiménez | More About Jesus Jiménez | ) www.nytimes.com time to read: +1 min

The son of a politician from the Dominican Republic was fatally shot outside a gas station in Houston on Monday night in what the police said they believed was a “targeted” drive-by shooting. The Houston Police Department on Wednesday identified the man who was killed as Luis Alfredo Pacheco Rojas, 34, son of Alfredo Pacheco, the president of the Chamber of Deputies of the Dominican Republic. Another 29-year-old man who was injured by gunfire in the attack had not yet been publicly identified. The incident began around 7 p.m. on Monday, when Mr. Pacheco and three men in a black Cadillac Escalade stopped at a gas station in southeast Houston, according to the Police Department. The four men went inside the gas station, and immediately afterward they returned to the Escalade.

Persons: Luis Alfredo Pacheco Rojas, Alfredo Pacheco, Pacheco, Escalade, Adrian Rodriguez Organizations: Houston Police Department, Police Department, Dodge, Benz Locations: Dominican Republic, Houston

☆ Exclusive: Electronic prescribing giant Surescripts is exploring a sale
▼ + stars: | 2024-04-02 | by ( Rebecca Torrence | Blake Dodge | ) www.businessinsider.com time to read: +1 min

Surescripts is up for sale and has hired a bank to search for potential buyers, including private equity firms. The company dominates electronic prescribing, processing 2.5 billion prescriptions in 2023. Surescripts, the healthcare technology company that facilitates most electronic prescribing in the US, is exploring a sale, Business Insider has learned. The privately-held company hired healthcare investment bank TripleTree and is looking for potential buyers, including private equity firms, according to two people with knowledge of the deal. Surescripts, formed by a merger in 2008, has long dominated e-prescribing, providing the connectivity that allows doctors to send prescriptions from their electronic health records to pharmacies.

Persons: Surescripts Organizations: CVS Health, Business

☆ I've visited Washington, DC, to see the famous cherry blossoms for years. Here are 6 secrets to skipping crowds and optimizing your trip.
▼ + stars: | 2024-04-01 | by ( Hayley Hutson | ) www.businessinsider.com time to read: +5 min

Read previewWashington, DC, is one of the best places in the US to see cherry blossoms in the spring. Every year, more than 1.5 million tourists travel to DC for the National Cherry Blossom Festival. And, although fun, popular free events like the Blossom Kite Festival and Petalpalooza tend to be swarming with crowds. Walk the Hains Point loop trail — or golf amongst the bloomsEscape the bustling crowds and immerse yourself in cherry-blossom bliss at Hains Point loop trail. AdvertisementWhile you're on Hains Point Island, check out East Potomac Golf Links.

Persons: —, I've, it's, Hayley Hutson, Willard Intercontinental, Yoshino Organizations: Service, National Cherry Blossom, Business, Dumbarton Oaks Gardens, National, Roman Catholic, City Cruises, Washington, East, Golf, Arts Locations: Washington, DC, Dumbarton, Stanton, North America's, Potomac, Anacostia

☆ An $88 billion auto giant laid off 400 workers remotely in a move likened to ending a marriage by video call
▼ + stars: | 2024-03-29 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

The move by Stellantis, worth $88 billion, has sparked fresh discussions on the etiquette around how to execute layoffs. AdvertisementExperts say that virtual and remote-style layoffs aren't the best solution — it shows a lack of empathy and consideration for the workers affected and might push remaining workers to leave. AdvertisementWhen employees feel the "psychological contract" between themselves and their employers is "violated," they may resort to extreme reactions, Jones said. This could also hurt the morale of remaining employees and increase attrition, according to Boodoo. "Research suggests that following a layoff, there's an increase in voluntary turnover among remaining employees.

Persons: —, Elon Musk, they'd, Ben Hardy, Amanda Jones, it's, Jones, Muhammad Umar Boodoo, weren't Organizations: Service, Dodge, Wall Street Journal, CNBC, Business, Google, Twitter, Employers, London Business School, King's College London, Warwick Business School, Employees

☆ How China has helped Russia and Iran evade Western sanctions, according to a think tank
▼ + stars: | 2024-03-29 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +1 min

China has helped Russia and Iran sidestep Western sanctions on their oil exports, says the think tank Atlantic Council. Critics say that China aids Russia solely to protect its own interests. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia and Iran's successful workarounds of the West's sanctions on their oil exports largely hinge on the contributions of China, economic think tank the Atlantic Council wrote in a new report. As the two countries face escalating sanctions from the US-led alliance, Beijing has created an alternative market for their restricted oil.

Persons: —, Iran's Organizations: Atlantic Council, Service, Business Locations: China, Russia, Iran, Beijing

☆ I am a 'Chopped' champion. Here are 10 things even superfans don't know about the show.
▼ + stars: | 2024-03-28 | by ( Brooke Siem | ) www.businessinsider.com time to read: +8 min

I'm a Food Network "Chopped" champion, and I was surprised by a few things when I was on the show. AdvertisementArguably one of the most successful cooking-competition shows of all time, Food Network's "Chopped" is a television phenomenon — which is why I'm still surprised I won. Here are 10 things that surprised me about the "Chopped" competition that even die-hard fans don't know. AdvertisementAs legend has it, there's one bowl in the "Chopped" kitchen that spells doom for the chef who uses it. Food NetworkWhether you get chopped after the appetizer round or win the whole thing, all the "talking-head" interviews on "Chopped" are filmed after your competition is over.

Persons: —, I'm, There's, Ted Allen, David Lang, there's, it's, Zac Young, Maneet Chauhan, Katrina Markoff, doesn't Organizations: Food, Service

☆ Ford sees opportunity for Mustang as competitors abandon V8 engines
▼ + stars: | 2024-03-27 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT — Ford Motor sees opportunity to grow Mustang sales as it becomes the last American muscle car with a traditional V8 engine, playing to generations of gearheads who've been drawn to the performance vehicles. The optimism comes after Mustang's closest American competitors ended production of their muscle cars in December. Jeff Marentic, general manager of Ford Blue products, which includes the Mustang, said the pony car remains good business for the automaker both domestically and internationally. "For people who are looking for a true American sports car, it's available to them. … We're looking and talking about the future of Mustang, and how far we can grow it."

Persons: gearheads who've, Stellantis, Jeff Marentic, Marentic Organizations: DETROIT, Ford Motor, General Motors, Chevrolet, Dodge Challenger, Ford, CNBC Locations: American

☆ They moved into floating homes and houseboats — and discovered a world of adventure and hidden expenses
▼ + stars: | 2024-03-25 | by ( Amanda Goh | ) www.businessinsider.com time to read: +10 min

Read previewMoving into their 360-square-foot floating home a year ago was a dream come true for Sarah Spiro and Brandon Jones. In 2023, there were 70 floating home sales reported on the Regional Multiple Listing Service, or RMLS, which covers the Portland area and a significant part of northwest Oregon, Portland Floating Homes real-estate broker John McPherson told BI. Lily and Dylan Rose moved onto their houseboat on Lake Union in Seattle in June 2019. AdvertisementHome insurance for a floating house tends to be about double what it is for a regular house on land, McPherson said. Additionally, the float — the part of the floating house that's equivalent to a foundation — deteriorates over time, McPherson said.

Persons: —, Sarah Spiro, Brandon Jones, Spiro, keepingafloatwiththejoneses Spiro, Jones, keepingafloatwiththejoneses, Adam Lind, @adam.floatinghome, It's, John McPherson, Lily, Dylan Rose, Elizabeth Earle, BI's Jordan Pandy, Earle, Elizabeth Earle Earle's, McPherson, Daryl Fairweather, Redfin's, Realtor.com, Hannah Jones, it's, Laura Woodley, Woodley, isn't, Kate Fincham, Fincham, Lily Rose, Dylan, Rose, she's Organizations: Service, Business, Portland Floating Homes, Realtor.com, Union, Trust, England & Wales, Lake Union Locations: Fontana Lake, North Carolina, Portland, Oregon, Seattle, Sausalito , California, Johns Island , South Carolina, England, Bluffers Park, Toronto, Lake, Boston

☆ Why this is a wild week for Trump even by his standards
▼ + stars: | 2024-03-24 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

But exemplifying the roller-coaster nature of his public career, Trump is also soon poised for a massive financial windfall. The case, related to payment to an adult film star ahead of the 2016 election, could lead to Trump being a convicted felon by November’s election. His legal team said last week the bond amount was a “practical impossibility” for Trump, whose wealth is tied up in skyscrapers and golf resorts. Trump’s legal team has also said he shouldn’t be required to sell assets to meet the deadline since doing so would create a fire sale devastating to his business. The White House has done its best not to comment on the case, to avoid giving Trump more political ammunition.

Persons: Donald Trump’s, impeachments, Trump, he’s, Joe Biden, It’s, Letitia James, Jean Carroll, James, subpoenaing Trump, –, litigator Mitchell Epner, ” Epner, Fredricka Whitfield, Biden, Arthur Engoron, ” Trump, Alexandria Ocasio, Cortez, Donald Trump, Juan Merchan, Michael Cohen, Trump’s, there’s Organizations: CNN, Trump, Republican Party, Trump Organization, New York, New, Biden White, , New York, Republican, ”, The New, The New York Democrat, Trump Media, Technology Group, Southern, of, White Locations: New York, Manhattan, Westchester County , New York, ,, Alexandria, “ State, The New York, of New York, Lago, America

☆ 'There's going to be a problem': House Republicans ramp up pressure campaign on Speaker Johnson after budget saga
▼ + stars: | 2024-03-24 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

Before House Speaker Mike Johnson, R-La., can exhale, he will have to face the House Republican hardliners of the Freedom Caucus. Johnson is already in hot water with the Freedom Caucus for his concessions to pass the budget bill and avert a government shutdown. "I think Speaker Johnson — I've been public about this — made a mistake," said Roy. Compromising with Democrats was one of the central grievances that led to former House Speaker Kevin McCarthy's ouster from his post. With the budget finally agreed upon, the Ukraine funding decision will be more challenging for Johnson to dodge.

Persons: Chip Roy, shutdowns, Mike Johnson, haven't, Johnson, Johnson — I've, Roy, Marjorie Taylor Greene, Kevin McCarthy's, Johnson's speakership, Republicans tanked, Donald Trump Organizations: Caucus, U.S, Capitol, Republican, Freedom Caucus, hardliner, Democratic, Republicans Locations: Washington, Ukraine, Israel, Russia, United States

☆ Stellantis is recalling 285,000 sedans because side curtain airbag inflators could break open
▼ + stars: | 2024-03-22 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +1 min

CNN —Stellantis is recalling almost 285,000 Dodge Charger and Chrysler 300 sedans in the United States because they have side curtain airbag inflators that could burst, sending metal shrapnel flying through the cabin. Airbag inflators rely on a chemical reaction that produces gas that rapidly inflates the airbag. The airbag inflators involved in this recall were not installed in any other Stellantis models, according to the documents. Beginning in early May, Stellantis will mail letters to Charger and 300 owners with cars that could have the problem. There were five known instances in which the airbag inflators burst.

Persons: Stellantis, inflators Organizations: CNN, Dodge Charger, Chrysler, National, Traffic Safety Administration Locations: United States

☆ UAW files for union vote at Volkswagen’s Tennessee plant
▼ + stars: | 2024-03-18 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —The United Auto Workers union is seeking a union representation vote among more than 4,000 hourly workers at the Volkswagen plant in Chattanooga, Tennessee. The union has announced a broad-based campaign to win representation at the American plants of 13 nonunion automakers. That is slightly more than the union’s representation at the three unionized automakers, which have about 145,000 UAW members between them. The VW Chattanooga plant is the only factory operated by VW that does not have union representation. Once the election process starts, management often holds mandatory meetings with staff to make the case against union representation, and that convinces some earlier supporters of the union to end their support.

Persons: –, ”, Victor Vaughn, ” Vaughn, “ Organizations: New, New York CNN, United Auto Workers, Volkswagen, BMW, Honda, Hyundai, Mazda, Nissan, Subaru, Toyota, Volvo, – Tesla, –, Motors, Ford, Jeep, Dodge, Chrysler, VW, ” Locations: New York, Chattanooga , Tennessee, VW Chattanooga, Chattanooga

☆ I got into real estate after I was laid off by Google. Here's what I've learned since making my career pivot.
▼ + stars: | 2024-03-17 | by ( Alyshia Hull | ) www.businessinsider.com time to read: +6 min

Read previewThis as-told-to essay is based on a conversation with Adam Hunt, a 32-year-old CEO, real-estate agent, and investor at VSM Real Estate, in Minneapolis. If things go South, my real estate license will be a great backup. Since betting on myself and following my own path, I've learned that I'm the master of my own destiny. I've learned that you can lean into opportunities without jumping into them and taking full risks. When I got into real estate, I made the mistake of not understanding the market and how properties are valued.

Persons: —, Adam Hunt, I've, Ryan Schroder Organizations: Service, VSM, Google, Business, Facebook Locations: Minneapolis, VSM, —

☆ Weight loss drugs like Ozempic and Wegovy are fattening up Denmark's economy and helped it dodge a recession last year
▼ + stars: | 2024-03-17 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Danish pharma giant Novo Nordisk makes both Ozempic and Wegovy. The novel drugs are also boosting pharma stocks — and Denmark's economy. Advertisement"The pharmaceutical industry has been the main driving force in the Danish economy in both the fourth quarter and for the whole of 2023," the agency said. Genmab, Zealand Pharma, and H. Lundbeck are among the other big Danish pharma firms. AdvertisementSuch businesses were a rare bright spot for Denmark's economy last year because they invested in infrastructure, created jobs, and boosted manufacturing, according to Danske Bank's chief economist Las Olsen.

Persons: —, it's, Las Olsen, Olsen Organizations: Danish pharma, Novo Nordisk, Service, Nordisk, Zealand Pharma Locations: Denmark, Danish, Copenhagen

☆ Here's when the Fed is likely to start cutting interest rates, according to investment strategists
▼ + stars: | 2024-03-14 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Kent Nishimura | Getty Images News | Getty ImagesWest Palm Beach, Fla. — The U.S. Federal Reserve is likely to start cutting interest rates by the end of second quarter despite recent "hotter than expected" inflation data, according to Kristina Hooper, chief global market strategist at Invesco. The question has become, at what point — and how quickly — does the central bank start to cut rates in order to avoid plunging the economy into a downturn? Fed chair Jerome Powell said last week that the Fed may not be far off from throttling back. The Fed last raised interest rates in summer 2023; in prior interest-rate-hiking cycles, the Fed began cutting rates about 8½ months later, Hooper said. Jenny Johnson, president and CEO of Franklin Templeton, also expects the central bank to begin cutting rates this year, though in the second half of 2024 at Fed policy meetings in July or September.

Persons: Jerome Powell, Kent Nishimura, Kristina Hooper, it's, Hooper, Jenny Johnson, Franklin Templeton, Moira McLachlan Organizations: Banking, Housing, Urban Affairs Committee, Getty, U.S . Federal, Women, Fed Locations: Palm Beach, Fla, U.S, West Palm Beach , Florida

☆ The economy averting a hard landing is 'laughable,' and companies are about to see a profit recession, economist says
▼ + stars: | 2024-03-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The US economy won't dodge a hard landing recession, according to Stephanie Pomboy. That could be followed by a "double-dip" profit recession as corporate earnings take a hit. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe US economy can't avoid a hard-landing recession, according to one top economist. She warned in a recent interview of a coming "double-dip" profit recession for US companies, which could cause earnings to nosedive and spark big problems for the economy.

Persons: Stephanie Pomboy, —, Pomboy, David Rosenberg Organizations: Service, ISI, Rosenberg Research

☆ Analysis: China worried about return of Trump, but also sees opportunities if he wins 2024 election
▼ + stars: | 2024-03-10 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +15 min

Then-US President Donald Trump and his wife Melania with Chinese leader Xi Jinping and his wife Peng Liyuan at Beijing's Forbidden City in 2017. “If this decoupling is carried out by Trump 2.0 in a very forceful way, the impact on China is going to be very severe. But experts say China’s business and official sectors are likely already considering contingency plans. Chinese leader Xi Jinping and Russian President Vladimir Putin leave a reception following talks at the Kremlin in March 2023. “Whoever wins – the structure of (US) confrontation, competition, pressure to China are still there,” he said.

Persons: Joe Biden, Xi, Donald Trump, didn’t, –, Biden, Wang Yi, Trump, He’s, Trump’s, Brian Wong, ” Wong, Lintao Zhang, Obama, Melania, “, Xi Jinping, Peng Liyuan, Xie Huanchi, he’s, ”, Bala Ramasamy, Shen Dingli, Premier Li Qiang, Ronald Reagan, “ Biden, Shen, ” Trump, skeptically, Vladimir Putin, Putin, Pavel Byrkin, Wong, it’s, Wang Yiwei Organizations: Beijing CNN —, Communist Party, Biden, Senior, Trump’s “, University of Hong Kong’s, Contemporary, House, oceanside, Trump, of, Forbidden, Huawei, Oxford Economics, China Europe International Business School, Premier, American, South Korea Navy, Asia –, Russia’s, NATO, Europe, Kremlin, Getty, South Korea –, White House, Renmin University Locations: China, Beijing, State, US, Russia, Communist, Contemporary China, Taiwan, Lago, City, Xinhua, Shanghai, Southeast Asia, Latin America, Europe, China's Qingdao Port, –, Asia, Seoul, Tokyo, Ukraine, United States, AFP, Japan, South Korea, America, Washington, Hong Kong, South China

☆ This tiny EV is the most ridiculous 'car' I've ever driven — but it's also a blast
▼ + stars: | 2024-03-10 | by ( Chris Johnston | ) www.businessinsider.com time to read: +1 min

The Ami is most ridiculous "car" I've ever driven — but it turns heads and is a lot of fun too. I thought I knew what to expect, but it wasn't until the "car" was driven off the trailer that I realized I'd taken custody of a large lawnmower. A large electric lawnmower. The Ami (French for "friend") also looked like it'd been washed in an army surplus cycle. Appropriately enough I almost made a new friend before I'd even parked, as a passer-by asked if I'd just bought it.

Persons: Ami, —, Ram, Romeo —, I'd Organizations: Service, Dodge, Peugeot Locations: London

TULTEPEC, Mexico (AP) — Every year, in the first week of March, hundreds of giant paper-mache bulls stuffed with fireworks are erected in the front yards of the Mexican town of Tultepec. Unlike past occasions, the nighttime lighting of the bulls didn’t take place in the streets of Tultepec, but rather in an open field nearby. One of the best-known workshops is the family-run business, Los Chavitos, which has been producing cardboard figures for fireworks for 15 years. Their figures range from very small bulls to giant ones, to figures of saints and imaginary animals known as alebrijes. The shop also produces “Judas” figures of villains and politicians that are traditionally burned during Easter Week in Mexico.

Persons: nipped, John of God, —, Tultepec, ” Francisco Cortes Urbán, Cortes, St, John, ” Organizations: — Locations: TULTEPEC, Mexico, Tultepec, Pamplona, Spain, St, Mexico City

☆ A recording of a council meeting in rural New Zealand has racked up almost 2 million views on YouTube as office workers use it to pretend they're busy
▼ + stars: | 2024-03-08 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Zoom recording of a council meeting in a rural region of New Zealand uploaded to YouTube nearly four years ago has racked up almost two million views, with people commenting that they play it to pretend to be busy in the office. The video, uploaded by the Waipa District Council in April 2020 during the early days of the COVID-19 pandemic, shows a Zoom meeting of the region's finance-and-corporate committee. One is a product-marketing meeting uploaded by the software company GitLab and another is a finance meeting uploaded by the city of Santa Fe, New Mexico. Being in the office can be more distracting as colleagues do things such as "desk bombing" or pulling you into spontaneous chats.

Persons: —, Fortune, I'm, commenter, Jessica Methot Organizations: Service, YouTube, Business, Companies, Rutgers University Locations: New Zealand, Waipa, Santa Fe , New Mexico

☆ Why ultra-Orthodox conscription could threaten Israel’s coalition
▼ + stars: | 2024-03-08 | by ( Mick Krever | ) edition.cnn.com time to read: +10 min

In Israel’s nascent days, Prime Minister David Ben-Gurion agreed with Haredi rabbis to exempt from military service 400 men studying in religious schools, or yeshivas. Now, those piecemeal attempts to maintain the Haredi exemption may be running out. When the government came to power in late 2022, forming the most right-wing coalition in Israel’s history, the Haredim sensed an opportunity. The Israeli military has had a significant number of soldiers wounded in Gaza and has instituted massive call ups. It’s no longer just politics.”A delicate momentSome in the Haredi political leadership, perhaps recognizing the delicate political moment, have been generally cautious in defining a position.

Persons: Benjamin Netanyahu’s, ” Yohanan Plesner, David Ben, Gurion, Israel –, Haredim, Knessets, IDI, Yoav Gallant, ”, Netanyahu, – Benny Gantz, –, ” Gantz, Plesner, ” Moshe Roth, Ofer Shelah, Yitzhak Goldknopf, Ari Kalman, “, doesn’t, Bnei Brak, Roth, Nechemia, it’s, It’s Organizations: CNN, Israel Democracy Institute, IDI, Israel’s, Institute for National Security Studies Locations: Israel, United States, United Kingdom, Gali Baharav, Gaza, Bnei

☆ Sergey Brin once hosted a bizarre baby shower where big-name guests wore oversized diapers and onesies, book says
▼ + stars: | 2024-03-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Sergey Brin once hosted a bizarre baby shower featuring oversize diapers and adult onesies. Brin, who stepped back from Alphabet in 2019, has returned to help shape Google's AI strategy. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGoogle cofounder Sergey Brin once hosted a bizarre baby shower where guests wore oversized diapers and adult-sized onesies.

Persons: Sergey Brin, Kara Swisher's, Brin, —, Kara Swisher, San Francisco soiree, Swisher, Wendi Deng, Rupert Murdoch, Anne Wojcicki, Gavin Newsom, Newsom, Larry Page, John Doerr, she'd, Page Organizations: Service, San, Francisco, Business, Microsoft Locations: San Francisco

☆ Dodge Charger will live on as a new EV and a gas-powered muscle car
▼ + stars: | 2024-03-05 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

In this article STLAM-IT Follow your favorite stocks CREATE FREE ACCOUNT2024 Dodge Charger Daytona Scat Pack EV DodgeDETROIT — Dodge won't abandon its traditional, gearhead, high-octane Charger and Challenger owners with its next-generation muscle car. The automaker on Tuesday revealed the new Dodge Charger as an all-electric vehicle as well as a next-generation gas-powered muscle car. 2024 Dodge Charger Daytona Scat Pack EV DodgeDodge CEO Tim Kuniskis called the EV a "game changer in the industry." Dodge Charger DaytonaThe Charger Daytona EV will initially be offered in "R/T" and "Scat Pack" models with 496 horsepower and 670 horsepower, respectively. The "Fratzog" logo on the "R-Wing" of the 2024 Dodge Charger Daytona Scat Pack EV.

Persons: DETROIT — Dodge, Dodge, Tim Kuniskis, we're, Kuniskis, Carlos Tavares, Tavares, Michael Wayland Organizations: DETROIT, Challenger, Dodge, Chargers, Dodge Dodge, EV, Charger, Dodge Challenger Locations: Dodge, Windsor , Ontario, Canada, Pontiac, Mich, CNBC

☆ Dodge’s new electric muscle car can have a gas engine if you want
▼ + stars: | 2024-03-05 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

CNN —Muscle car shoppers will face some important decisions with the 2024 Dodge Charger. First, the new Charger will be available as a battery-powered electric car or with a gasoline engine. The most powerful and fastest version, at least initially, will be the fully electric Dodge Charger Daytona Scat Pack, capable of producing up to 670 horsepower from two electric motors. Dodge Charger Daytona models are fully electric and have a hidden front wing. The Charger Daytona Scat Pack will be the top performance version, at least initially, with a maximum of 670 horsepower.

Persons: Dodge, We’re, ”, Tim Kuniskis, it’s, Stellantis Organizations: CNN, Chargers, Dodge, Challenger, All Chargers

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