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Rivian CEO calls $48K the sweet spot for EV prices, talks R2

Rivian looks to expand the brand with its more affordable R2 electric SUV. Ahead of the R2’s official debut, Rivian’s CEO RJ Scaringe called $48,000 an “important sweet spot” for buyers switching from gas vehicles. Scaringe also said the upcoming R2 will compete in the same market as Tesla’s best-selling Model Y. Rivian CEO calls $48K the sweet spot as R2 launch looms In a new interview with Forbes, Scaringe explained Rivian’s ambitions of going mass market. “The average transaction price of a…

Tiffany’s Creates Cryptopunk ‘NFTiff’ Diamond Necklace for $48k

Let the world envy your overpriced IRL CryptoPunk NFT with a diamond encrusted necklace from Tiffany & Co.It seems like it was just yesterday when NFT proponents were busy trying to justify spending buckets of money on digital collectibles—and spewing tons of carbon dioxide into the atmosphere of our struggling planet—that could largely be seen for free online. But what if everyone could admire your outrageously priced CryptoPunk or Bored Ape encrusted in IRL diamonds? This week, Tiffany & Co. announced its foray

Tesla issues ‘over-the-air recall’ on 48K Model 3 Performance vehicles over problem with ‘track mode’

Tesla has issued another “over-the-air recall,” and this time it’s on more than 48,000 Model 3 Performance vehicles over a problem with “track mode.” Lately, Tesla has had to issue a lot of recalls, but most of them were minor issues that were fixed by simple over-the-air software updates. For example, the automaker issued a recall that was reported as a “massive” recall on over 800,000 vehicles due to “a seat belt issue,” which sounds pretty bad, but, in fact, it had to do with a reminder alert to buckle the seat…