Elon Musk's Wealth Tops $500 Billion as Automotive World Sees Innovation and Change
Elon Musk's wealth has hit a staggering $500 billion, as reported by Forbes. Meanwhile, this week's automotive news includes a review of a banana yellow 2025 Toyota Prius Nightshade, and the Downshift newsletter keeps readers informed on the latest industry headlines.
Musk's fortune has grown significantly, making him the first person in history to reach this net worth milestone. Elsewhere, our reviewer is behind the wheel of a unique Prius model, ready to share insights on its performance and features.
In other news, Lamborghini plans to produce more offbeat cars like the Sterrato, following the success of its wild and wacky designs. However, details about who will oversee brand management and sales at Lamborghini remain unclear.
RockAuto has announced it will stop selling parts to Arizona customers due to state tax and cybersecurity policies. Meanwhile, new car downpayments have reached a four-year low, according to Fox Business.
The responsibility for autonomous cars' behavior is under scrutiny after a recent Waymo incident in California. The debate centers around who should be held accountable for their actions.
Mercedes-Benz is enhancing its CLA and GLC models with work-related features, including Microsoft 365 Copilot. Honda, on the other hand, has released a retro-liveried CB350 motorcycle special edition, currently exclusive to India.
Elon Musk's wealth continues to break records, while the automotive world sees a mix of innovation, policy changes, and ongoing debates. As always, the Downshift newsletter will keep readers updated on these developments and more.
Read also:
- Emergency services of the future revealed by Renault with the introduction of the Vision 4Rescue vehicle.
- Advanced Brabus Model Not Suitable for Inexperienced Drivers
- Latest Developments in Electric Vehicle, Battery, and Charging: IBM, Tervine, ACM, Clarios, Altris, 25M, Lion Electric, InductEV, EVgo, Toyota, EVCS, StoreDot, and REE Are in Focus
- Latest updates for July 31: Introduction of Ather 450S with expanded battery, unveiling of new Tesla dealership, and additional news
