Read my story at The Observer. At Monterey Car Week in California last weekend, Ferrari auctioned its first-ever Ferrari Luce. The white-on-white electric vehicle, designated VIN 0, had been expected to sell for about $1.1 million. Instead, Herbert Wertheim, an 87-year-old Florida billionaire, paid $40 million for the Jony […]
Author: Abigail Bassett
The First Ferrari Luce Heads to Auction at Monterey Car Week
Read my story at The Observer. This Saturday, the first of Ferrari’s polarizing EVs, the Luce, will head to auction at RM Sotheby’s during Monterey Car Week. With a presale estimate above $1.1 million, nearly double its retail base price, plenty of people will be watching closely to […]
Behind This $25K Electric Truck Is Jeff Bezos’ ‘Made in America’ Mission
Read my story at The Observer. Last week, Slate Auto, an electric car startup backed by Jeff Bezos and led by a group of former Amazon executives, announced the price tag of the most affordable electric pickup truck in America: $24,950. It’s extremely bare-bones, but its pricing and design have captured headlines […]
This Bezos-Backed Startup is Launching a sub-$25,000 Electric Truck, but Will People Buy it?
Read my story at Inc Magazine. This week, Slate Auto, the buzzy Bezos-backed startup, revealed the pricing on the cheapest new EV on sale in America. The bare-bones “Blank Slate” pickup starts at $24,950 before the destination charge, making it the least expensive new electric vehicle […]
Rivian CEO RJ Scaringe Warns That the U.S. Isn’t Prepared for AI’s Impact on This 1 Type of Job
At a roundtable in Utah, CEO of Rivian, RJ Scaringe talked candidly about his Mind Robotics start up and the future of jobs in the US with the advent of AI.
Rivian’s Bet on R2 as an AI-First Vehicle
My story for the Observer on the Rivian R2 and what it means for the company.
How Small Businesses Can Create 401ks for Part-Time Employees
I sat down with tech leaders to talk about how small businesses and franchise owners can offer part time employees 401k benefits without taking on huge risk or breaking the bank.
Tech as a Game Changer for Small Businesses
I sat down with business leaders at Dell to discuss how small businesses can leverage technology (especially AI) to their advantage today.
How Ferrari Bungled Its First EV Design
Ferrari is getting heat for a disasterous design failure of its first EV. Here’s what went wrong.
Jony Ive-Designed Ferrari Luce Tests CEO Benedetto Vigna’s EV Bet
Read my story at The Observer. Ferrari launched its first all-electric vehicle, the Ferrari Luce, to a cacophony of criticism this week, leaving the storied brand stumbling. Following Monday’s launch, the stock dropped 8 percent and didn’t rebound until Thursday, when CEO Benedetto Vigna defended the Luce, saying that customer interest […]
Data Centers are Coming for Rural America–But the Jobs Aren’t
Data centers are coming for rural America, but the jobs aren’t according to researchers.
The Strait of Hormuz Blockade is Causing a Slow-Moving Food Crisis
While the Hormuz Strait in Iran remains blocked, farmers in the US and around the world are feeling the pinch and rising costs are impacting what will be grown this spring.