Cars

Porsche to offer 1,000 horsepower model Taycan

Porsche has officially unveiled new models of its electric Taycan sedan that the automaker dubbed its "most powerful" yet. They include the Turbo GT and the Turbo GT with Weissach package.

Rivian to lay off 10% of salaried staff

Rivian CEO RJ Scaringe said the company made "great progress" in 2023 even with economic headwinds. The automaker said it remains focused on cost efficiency.