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Abigail Bassett

Abigail Bassett

Fortune

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Meet Herbert Wertheim, the Billionaire Who Paid $40M for Ferrari’s First EV

Herbert Wertheim turned an ophthalmology business and savvy investments into a $4.7 billion fortune and just spent $40 million on Ferrari’s...

20.08.2026 7

Observer

Abigail Bassett

Ferrari’s First EV Heads to Monterey Car Week Auction With a $1.1M Estimate

After a bruising debut and unexpectedly strong sales, Ferrari’s first EV is heading to auction with a seven-figure estimate and charity angle.

11.08.2026 9

Observer

Abigail Bassett

Behind This $25K Electric Truck Is Jeff Bezos’ ‘Made in America’ Mission

Backed by Jeff Bezos, Slate Auto is rethinking how cars are designed and built from the factory floor up to dramatically cut costs and revive domestic...

29.06.2026 10

Observer

Abigail Bassett

Rivian CEO RJ Scaringe Bets on R2 As an A.I.-First EV for the Masses

Rivian unveils its long-awaited R2 SUV. CEO RJ Scaringe is betting on A.I.-powered autonomy and lower pricing to attract mainstream EV buyers in a...

10.06.2026 10

Observer

Abigail Bassett

Jony Ive-Designed Ferrari Luce Tests CEO Benedetto Vigna’s EV Bet

Ferrari’s Luce EV has drawn criticism from designers, fans and former chairman Luca di Montezemolo. It may still find ultra-wealthy buyers, but its...

29.05.2026 9

Observer

Abigail Bassett

From Jim Farley to RJ Scaringe, Auto CEOs Turn Off-Road Vehicles Into Profit Engines

Ford CEO Jim Farley says off-road SUVs like Bronco and Raptor deliver major profits, as automakers cash in on rugged styling and high-margin trims.

18.02.2026 10

Observer

Abigail Bassett

Why Ford’s Electric F-150 Never Took Off

After years of bold EV promises, Ford is retreating from the F-150 Lightning and rewriting its electric future.

18.12.2025 10

Observer

Abigail Bassett

Tesla Thrives in Norway Even as Global EV Sales Slide and Brand Image Suffers

Strong incentives and infrastructure help Tesla flourish in Norway despite mounting challenges elsewhere.

25.11.2025 10

Observer

Abigail Bassett

Rivian CEO’s $4.6B Pay Plan Mirrors Elon Musk’s—But Tesla’s Playbook Is Hard to Repeat

For Scaringe’s new pay package to vest, Rivian must meet production, profitability and stock-price milestones that look increasingly daunting in...

22.11.2025 10

Observer

Abigail Bassett

Toyota Chairman Akio Toyoda Unexpectedly Dons a MAGA Outfit Amid Tariff Tensions

The chairman’s MAGA-themed appearance comes as tariffs continue to batter Toyota’s global earnings.

20.11.2025 20

Observer

Abigail Bassett

Tesla Cybertruck Setbacks Mount as Top Engineers Announce Departures

The exit of a veteran engineer adds to mounting pressure on Tesla’s struggling Cybertruck program.

11.11.2025 20

Observer

Abigail Bassett

Toyota’s Hybrid-First EV Strategy Pays Off Even as Tariffs Bite Into Profit

The automaker’s cautious approach to electrification is cushioning profits as tariffs and EV demand pose new challenges.

07.11.2025 30

Observer

Abigail Bassett

Honda CEO Toshihiro Mibe on the Carmaker’s High-Stakes Return to Formula 1

After exiting in 2021, Honda’s return to Formula 1 in 2026 underscores how the automaker is merging hybrid tech, performance and brand strategy.

04.11.2025 20

Observer

Abigail Bassett

Porsche’s 99% Profit Tumble Signals Trouble for Luxury Brands Worldwide

Once a post-pandemic success story, Porsche now faces slowing EV sales, weak China demand and rising tariffs shaking the luxury sector.

31.10.2025 20

Observer

Abigail Bassett

Legacy Automakers Tap the Brakes on EVs as Road to Mass Adoption Gets Bumpy

Despite slowing sales and rising costs, analysts say the EV pullback is a temporary correction, not a retreat from electrification.

16.10.2025 10

Observer

Abigail Bassett

Ferrari’s First EV Arrives, But Its Electric Drive Slows Down

The Elettrica marks Ferrari’s long-awaited EV debut, but its ambitions have shifted into lower gear.

09.10.2025 20

Observer

Abigail Bassett

BMW Unveils iX3 in U.S., Betting on Luxury EV Appeal Amid Slowing Demand

BMW’s latest SUV drops the oversized “chipmunk” look for sleeker, sportier lines.

27.09.2025 10

Observer

Abigail Bassett

Jerome Powell Faces Inflation, Politics and Legacy at His Final Jackson Hole

With his tenure ending, Fed Chair Jerome Powell faces market pressure and White House criticism in a pivotal Jackson Hole appearance.

21.08.2025 20

Observer

Abigail Bassett

Ford’s Big-Truck Legacy Could Be a Problem for Its New $30,000 EV Ambition

With slowing Lightning sales, rising tariffs and fierce EV competition, Ford’s $30,000 electric pickup could be its boldest risk yet.

19.08.2025 20

Observer

Abigail Bassett