This 1977 Tyrell P34 six-wheel Formula 1 racer will be offered at the RM Sotheby’s Monaco sale. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ After laying off virtually the entire Supercharger staff, Tesla CEO Elon Musk announced that the automaker will spend $500 million this year to expand the EV charging network. More at Reuters.
+ Sherry House, a veteran of Lucid and General Motors, has been hired as vice president of finance at Ford with plans to move into the role of chief financial officer in early 2025. More at the Detroit Free Press.
+ This week, the Biden administration plans to raise tariffs on electric vehicles, reportedly to as high as 100 percent according to sources, and other clean energy goods from China. More at CNBC.
+ According to rumors in the NASCAR garage, Stewart-Haas Racing is currently shopping an offer to sell one or more of its four NASCAR Cup charters to another team. More at Sportskeeda.
+ Daimler Truck North America unveiled an electric Freightliner eCascadia prototype with Level 4 autonomous driving capability, previewing a truck slated to arrive in 2027. More at Autoweek.
+ Ferrari has filed two applications with the U.S. Patent and Trademake Office for a three-motor electric sports car with a sound generator that pipes simulated engine noise into the cabin. More at Motor Authority.
+ Ford Motor Co. CEO Jim Farley said semi-solid state batteries are “looking very promising for production,” as the automaker looks for cost breakthroughs in EV technology. More at The Detroit News.
+ A 1976 Tyrell P34, the only six-wheeled car to ever compete in Formula 1 and the winner of the 1977 Swedish Grand Prix, will be offered at the RM Sotheby’s Monaco sale. More at Car and Driver.
+ Ineos CEO Lynn Calder has confirmed the British 4×4 manufacturer is considering building a U.S. factory to produce its Grenadier Quartermaster pickup and Grenadier SUV. More at Motor Trend.
+ A protest by the Ferrari AF Corse team against a steward’s decision in ths past weekend’s Spa 6 Hours round of the World Endurance Championship has been rejected. More at Autosport.
Review the previous MCG Executive Briefing from May 10 here.
Join Mac’s Motor City Garage on Facebook and X (Twitter) to receive notices when every new story is published.