Tesla founder Elon Musk has released a video that illustrates his vision for a sophisticated network of underground tunnels. Cars travel on pods at up to 124 mph, which promises to drastically reduce travel times and congestion in crowded areas like Los Angeles. Musk created The Boring Company to move forward with the project, but he acknowledges there are several significant hurdles to clear before his concept becomes a reality. http://bit.ly/2psG8Ii
Nissan has big changes in store for the next-generation Leaf, which is scheduled to debut before the end of the year. The battery-powered model is expected to offer between 200 and 250 miles of range in its most basic configuration. A 300-mile range is attainable by 2020, according to Green Car Reports. http://bit.ly/2pfFXBK
General Motors reported record first-quarter profits Friday, thanks largely to strong sales of tricks, SUVs and crossovers. Reuters reports that GM shares dropped slightly despite a pretax profit of 8.2 percent--the company's best-ever first-quarter margin either before or after its 2009 bankruptcy. http://reut.rs/2pdxWNl
Toyota's data hub ("Toyota Connected") will expand its Plano, Texas, presence, the company announced Friday. Toyota expects to double the subsidiary's headcount as it finds new ways to exploit the data gathered from the company's global operations.