Others

The all-electric Mercedes G-Class ratchets up the tech and off-road capability

April 24, 2024

The Mercedes-Benz G-Class — the rugged off-road powerhouse that launched in 1979 and has since become a brutalist status symbol — has gone electric. This is, in many ways, Mercedes’ most prestigious car, a model more prized for its presence and exclusivity than its power and capability. Going electric, then, is more than an historic […]

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Tesla’s new growth plan is centered around mysterious cheaper models

April 24, 2024

Tesla’s been undergoing some major changes, and now we have a sense of why: the company says it is upending its product roadmap because of “pressure” on EV sales. The new and accelerated plan now includes “more affordable models” that the company claims will be launched next year. Or if Tesla CEO Elon Musk is […]

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Taking on climate change, Rad Lab style

April 23, 2024
When I last wrote, the Institute had just announced MIT’s Climate Project. Now that it’s underway, I’d like to tell you a bit more about how we came to launch this ambitious new enterprise.  In the fall of 2022, as soon as I accepted the president’s job at MIT, several of my oldest friends spontaneously…

Tesla profits drop 55%, company says EV sales ‘under pressure’ from hybrids

April 23, 2024

Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy continued to cut into the automaker’s bottom line. The results, posted after markets closed Tuesday, sent shares up 7% immediately following the release. Tesla reported revenue of $21.3 billion in the first quarter, […]

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