Dave Larsen Talks Jaguar Land Rovers Commitment to Electric by 2020
Jaguar Land Rover launched its 2019 Range Rover at the LA Auto Show this week. Alyssa Julya Smith caught up with Jaguar Land Rover's Product Planning Manager Dave Larsen to check out some of the cool features on the new model, including hot stone massage chairs in the back seat.
The vehicle is part of the Autobiography collection and the cost can be more than $200,000 for the fully loaded version of the Range Rover. Larsen showed off some of the other features, including 17-plug ports, and automatic doors that open and close with the push of a button.
Larsen also touched on Jaguar's commitment to electric vehicles, and where he thinks the industry will be in the next 20 years. He says that he thinks electric will be the new standard and hybrid cars will be the norm, with many going full electric.
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
Starbucks’ AI barista aims to speed service and improve experience. Nick Lichtenberg, Fortune Business Editor, explains its impact on workers and customers.
As Big Tech reports Q3 earnings, investors await proof that massive AI and cloud investments from Meta, Apple, Microsoft, and Alphabet are driving real growth.
