Automotive Headlines

Tesla Raises $1.4 Billion and Counting
In an attempt to reduce the cost of electric vehicles, Tesla began raising money through stock sales in preparation for the prodcution of its first mass-market electric vehicle. At $262 per share, the company gained nearly $350 million in proceeds and "issued convertible notes worth $850 million". The deal is expected to help pave the way for the acclaimed 'Model 3 electric vehicle' which the company has said will hit production in July of this year. The expected production rate of the vehicles is over 5,000 per week eventually rising to over 10,000 per week. Estimated MSRP will be less than $30,000 after tax.

Pictures of the Model 3 can be found below:
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[img]https://i.gyazo.com/14155be3329696093b42fb30776ddbc7.jpg[/img]
[img]https://i.gyazo.com/ea77a3e435835000aae4b2bdb24a9f47.jpg[/img]
[img]https://i.gyazo.com/8d2f74f8996828328de3bd83cdc40719.png[/img]
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Uber President Goes Home
Jeff Jones, a former Target Chief Marketing Officer that joined Uber last August, announced he was stepping down from his position in quite a dramatic fashion. It is rumored that Jones stepped down because he was not under consideration for the opening COO position that had been opened in the company. This announcement came in the form of public media after Jones issued a statement about "the turmoil facing Uber, which range from an ex-employee's experiences with an allegedly sexist work environment to a lawsuit brought by Alphabet-owned Waymo over self-driving car technology." Since then, Vice President of Product and Growth, Ed Baker and Senior Vice President of Enginerring have also been "let go" from the company.

Rev Your Engines Down South
The 34th Houston Auto Show, TX2K, is the largest auto show of the south and will be home to 30 of the world's top automakers. With the pre-meet already underway, exotic cars from all over the world have already been pouring in causing heightened security in the city. With the actual show lasting from April 5-9th, each day only adds more fuel to the excitement as automakers everywhere are locked in a heated battle to 'strut their stuff'. More information and tickets can be found on their website by going to http://tx2k.com/.

You should definitely check out the pictures on their website, Twitter or Instagram, but some can be found below:
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[img]https://i.gyazo.com/7cb6874e78bf0398c04c95758a73acfa.png[/img]
[img]https://i.gyazo.com/77b76408f0685faa402bc05c3022c4fc.png[/img]
[img]https://i.gyazo.com/86f36dfeba29af5014e30a9c45c2f1a7.png[/img]
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Cool Car Events to Check Out

North East:
[url=http://glvada.org/]Lehigh Valley Auto Show[/url]
Public Dates: 03/23/17 - 03/26/17
[url=http://www.autoshowny.com/]New York International Auto Show[/url]
Public Dates: 04/14/17 - 04/23/17

Midwest
[url=http://www.peoriaautoshow.com/]Central Illinois Auto Show[/url]
Public Dates: 04/07/17 - 04/09/17
[url=http://www.thetulsaautoshow.com/]Tulsa Auto Show[/url]
Public Dates: 04/07/17 - 04/09/17

West Coast
[url=http://denverautoshow.com/]Denver Auto Show[/url]
Public Dates: 04/05/17 - 04/09/17

South
[url=http://www.goautoshow.com/]Atlanta International Auto Show[/url]
Public Dates: 03/22/17 - 03/26/17
[url=http://www.greaterneworleansautoshow.com/]Greater New Orleans International Auto Show[/url]
Public Dates: 03/24/17 - 03/26/17
[url=http://www.alabamaautoshow.com/]Alabama International Auto Show[/url]
Public Dates: 04/06/17 - 04/09/17

South West
[url=http://www.dfwautoshow.com/]DFW Auto Show[/url]
Public Dates: 03/22/17 - 03/26/17
[url=http://autoshowaustin.com/]Austin Auto Show[/url]
Public Dates: 03/24/17 - 03/26/17
[url=http://www.houstonautoshow.com/]Houston Auto Show[/url]
Public Dates: 04/05/17 - 04/09/17
[url=http://newmexicoautoshow.com/]New Mexico International Auto Show[/url]
Public Dates: 04/21/17 - 04/23/17

Alaska & Hawaii
[url=http://autoshowhawaii.com/]First Hawaiian International Auto Show[/url]
Public Dates: 03/24/17 - 03/26/17

New and Upcoming Cars
[url=http://automobiles.honda.com/future-cars/civic-type-r]2017 Honda Civic Type R[/url] - See pictures below:
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[img]https://i.gyazo.com/8204afffa0c47138153bc0537a6f2ef5.png[/img]
[img]https://i.gyazo.com/3eec25f547127ba73a411336e0fc39b8.png[/img]
[img]https://i.gyazo.com/28beb574ce47faef45a4136b5e2d52f9.png[/img]
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[url=http://www.dodge.com/en/ifyouknowyouknow/]Dodge Challenger SRT Demon[/url] - See pictures below:
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[img]https://i.gyazo.com/6b2807f2b17c1772250be35d31886e88.png[/img]
[img]https://i.gyazo.com/baf7864397457b6602413a404f574a69.png[/img]
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