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Tesla Is Now The World’s Most Valuable Car Company With A $208 Billion Valuation

Tesla’s stock jumped to a new record high on Wednesday, giving the electric vehicle maker a valuation of more than $208 billion, which means that it is now the most valuable car company on the planet. KEY FACTS - Tesla’s stock has surged 17% this week alone, on Monday closing above $1,000 per share for the first time ever and on Wednesday hitting a new record high price of $1,135 per share.…


Car Rental Company Hertz Files For Bankruptcy

Hertz, one of the largest car rental companies in the U.S., filed for bankruptcy Friday after the coronavirus devastated its business, making it another major company that has filed for bankruptcy amid the pandemic. KEY FACTS - Hertz will file for Chapter 11 bankruptcy, but will remain in business during the proceedings using its $1 billion cash on hand. - Hertz’s Europe, Australia and New Zealand…

Elon Musk

Elon Musk Rants About `Fascist’ COVID-19 Closures As Another Tesla Call Veers Off Course

Elon Musk used Tesla’s first-quarter earnings call as an opportunity to angrily vent about extended stay-at-home efforts that are curbing the spread of COVID-19 but which he labels “fascist,” amping up frustration he’d expressed earlier on Twitter. The billionaire CEO’s unexpected rant was reminiscent of his attack on “boring” analyst questions two years…

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Toto Wolff

Toto Wolff

The man who "makes every second count" , head of the Mercedes AMG Petronas F 1 Team Toto Wolff sits down with Forbes Monaco. Read the exclusive interview in our November/December issue.

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There Is No Point A. Just B.

THE NEW CONTINENTAL GT IS A DRIVE WORTH WAITING FOR As British luxury car manufacturer Bentley celebrates its centenary year on July 21, 2019, the company’s drive for innovation can be traced throughout its history. The legendary 1929…

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New CEO. The Car Whisperer

Salim Zeghdar brings the supercar back to Top Marques. The Rolex Monte-Carlo Masters came and went in April with two monumental distinctions. Eleven-time tournament winner Raphael Nadal was eliminated in the semi-finals, and there was no excessive…

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The Electrification Of Nico Rosberg

"Autonomous cars drive better than I do,” says F1 champ WITHIN A WEEK OF CLINCHING the 2016 Formula 1 World Championship—and beating Mercedes teammate Lewis Hamilton in the pro—Nico Rosberg retired at the peak of his…

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Bentley Redfines Luxury

… with a faster, smoother and sexier 2019 Continental GT The 2019 Bentley Continental GT can be summed up in two words: power trip. The four-door, front-engine, four-wheel drive coupe features a new transmission to deliver significantly…

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