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Hey, Your Top Automobile News for August 16, 2021

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theautomobilenews.com

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ella@theautomobilenews.com

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Mon, Aug 16, 2021 11:41 AM

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Your Daily Automobile updates From Around The World You Might Like     Prosecutors said the

Your Daily Automobile updates From Around The World [  The Automobile News]( You Might Like [Learn more about RevenueStripe...](    [Nikola Electric-Truck Prototypes Were Powered By Hidden Wall Sockets, Towed Into Position And Rolled Down Hills, Prosecutors Say](  Prosecutors said the prototypes didn’t function and were Frankenstein monsters cobbled together from parts from other vehicles The founder of the much-hyped electric truck manufacturer Nikola Corp. NKLA, -4.22% has been charged with lying to investors about the supposed technological breakthroughs the company had achieved in order to drive up its stock price, federal prosecutors announced Thursday. Trevor Milton, 39, is accused of claiming that his company had successfully manufactured working prototypes of electric trucks and pickup trucks that would turn the industry on its head, when he had, in fact, never built anything. [Read Full Article](  Recommended products:  [Live Web Chats ](    [See the power of lead magnet funnel](   [McLaren F1 Sells For $20.5 Million, Most Expensive Car Auctioned Of The Year]( A McLaren F1 was auctioned at Pebble Beach on Friday night time for $20.5 million, displaying the continued energy of the traditional car market. Gooding & Co. auctioned off the uncommon McLaren F1 to a packed and excited crowd, blowing previous its estimate of at the very least $15 million. The F1, one of the most prized collector automobiles for its rarity and place in auto historical past, turned the most expensive car auctioned this year and the most expensive McLaren F1 ever offered. The sale supplied proof that after a pause in auctions of hyper-priced automobiles throughout the coronavirus pandemic, gross sales of seven-figure and eight-figure automobiles stay particularly sturdy. [Read Full Article](  [Opinion: EVs Should Not Get More Government Incentives]( The current $7,500 Federal electric vehicle tax incentive could get a boost to $12,500 if the “Clean Energy for America” bill ever makes its way to reality – but it’s absolutely the wrong way to go, in my opinion. And, I know – “Who cares what Jo thinks about EV incentives,” right? Right –except that very, very few people in the industry have as much “green cred” as I do, so maybe you’ll want to give this one a read. WHAT QUALIFIES AS GREEN CRED You’re not hallucinating. That is, indeed, Leslie Nielsen unironically (and, hilariously) hawking a Warren Mosler-built Consulier GTP convertible in the pages of the Neiman Marcus catalog. And, yes, it does indeed say “Solar Electric” on the … I guess that’s the hood? Let’s go with hood.  [Read Full Article]( You Might Like [Learn more about RevenueStripe...](     Connect with the automobile news on social media [Facebook]( [Twitter]( [Linkedin]( You received this email because you operate or create content for a website/service and based on your website it seemed like this could be important information to you and your users. This newsletter is managed by [Postbox Consultancy Services Pvt. Ltd](.C-4/5, IBD Emporia, Kolar Road, Bhopal, Madhya Pradesh, INDIA, 462042 Want to change how you receive these emails? [Update your preferences]( or [Unsubscribe](

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