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Tesla Model Y details could come as soon as next week

Following a long twitter discussion last week, Tesla CEO Elon Musk followed up with Ars Technica, dropping a hint that details of the new Model Y could be revealed as early as next week.


Tencent takes 5% stake in Tesla

Chinese tech firm Tencent has purchased a five percent stake in Tesla, Inc., for $1.78 billion. Tencent has been investing in electric vehicle and autonomous technology firms, including at least two Chinese startups, Reuters reports.


Accident won't derail Volvo/Uber partnership

Uber's self-driving car program has faced significant setbacks in the past few weeks. Notably, the program was banned in California after Uber failed to get a permit, its XC90-based prototypes were widely accused of running lights and cutting off cyclists, and one of them was involved in an accident. However, Volvo remains committed to the partnership, and it will continue to support Uber.


President Trump teases Ford investment announcement

President Trump has been teasing an announcement expected from Ford later today which should detail upcoming investment in three Michigan facilities, Reuters reports.


Uber sets exit date for Denmark, citing new taxi law

Uber plans to cease operating in Denmark on April 18, 2017 thanks to a new law which requires taxi services to equip their cars with items such as permanent fare meters and seat sensors, TechCrunch reports. The law seems to be deliberately tailored to disrupt services such as Uber, where drivers' and customers' smartphones take the place of permanently installed equipment.


Future of diesel looks bleak, according to Volvo

Volvo's top executive has cast doubts on the future of diesel. "Looking further down the line, diesel will not be able to help us. Only electrification can," opined company CEO Hakan Samuelsson.


Jaguar planning long-wheelbase XE for China

Jaguar is in the final stages of developing a long-wheelbase variant of the XE, its entry-level sedan. Likely called XEL, the model is being developed exclusively for the Chinese market. We'll see it next month during the Shanghai Auto Show.


Uber wants Waymo's lawsuit to be negotiated privately

Mobility giant Uber is fighting to keep Alphabet Inc. (Owner of Google and autonomous vehicle developer Waymo) from arguing the intellectual property theft and unfair competition elements of its lawsuit in public court, Automotive News reports. Uber's lawyers filed a motion Monday to request an arbitration hearing.


Ford GT gets five driving modes

The Ford GT features five built-in driving modes called normal, wet, sport, track, and v-max, respectively. Each mode is specifically tuned for a unique driving environment, according to the Blue Oval.    


NIO gets $600M investment

Chinese Google rival Baidu has invested $600 million in a startup electric car manufacturer named NIO. The money will be used to put an all-electric hatchback on the road by 2020.