Posts tagged with "TESLA"

Tesla Hits $460Bn in Market Cap

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Tesla Hit Over $460Bn in Market Cap, Seven Times More than Ferrari, Porsche and Aston Martin Combined

The coronavirus outbreak has affected many industries, but the automotive industry is among the hardest hit. After carmakers stopped production and dealerships closed showrooms amid COVID-19 lockdown, global car sales slumped worse than ever before. However, the luxury car market was generally less affected by the financial downturn caused by the coronavirus pandemic.

According to data presented by StockApps.com, the market capitalization of the world’s most valuable car company, Tesla, hit over $460bn this week, almost seven times more than Ferrari, Porsche and Aston Martin combined.

Tesla Market Cap Soared 513% Since January

The 2020 has been a fantastic year for Tesla (NASDAQ: TSLA), despite the COVID-19 effects on the global automotive industry. The company’s stock price surged by nearly 200% in the last three months and they’re up about 500% on the year, despite a 4.9% revenue drop in the second quarter of 2020.

One of the reasons for such a premium valuation is Tesla’s ability to convince investors that it’s much more than just an automaker, and plans to make its vehicles capable of deploying into an autonomous “robotaxi” ride-sharing service prove that.

In December 2019, the market cap of the world’s most valuable car company stood at $75.7bn, revealed the YCharts data. By the end of the first quarter of 2020, this figure rose to $96.9bn, despite the COVID-19 crisis. Statistics show Tesla market cap surged by 107% in the next three months reaching $200.8bn value at the end of June. At the beginning of this week, it jumped over $460bn, which is four times the IBM market cap. Since the beginning of the year, the Tesla market cap has soared by 513%.

Ferrari Market Capitalization Rose by $7.1bn in 2020

The disruptions of the COVID-19 pandemic caused a substantial hit to the Italian supercar maker Ferrari (NYSE: RACE), who was forced to close its factories for seven weeks. The Q2 2020 financial report revealed a 42% plunge in revenue year-on-year and halved shipment of vehicles due to both production and delivery suspensions.

The company also narrowed the range of its full-year profit guidance with the estimated revenue of more than €3.4bn, compared to previous guidance of €3.4bn to €3.6bn, and the adjusted earnings before interest, tax, depreciation and amortization of between €1.07bn and €1.12bn.

Nevertheless, the Italian luxury carmaker has performed better than most other car manufacturers and remains confident of a bounce-back in the second half of 2020 thanks to its strong order book.

In December 2019, the market capitalization of the Italian luxury carmaker touched nearly $41.2bn. After the Black Monday crash in March, this figure dropped to $38.7bn. However, the second quarter of 2020 witnessed an increasing trend, with the Ferrari market cap rising to $42.3bn in June. Statistics show the company’s market capitalization stood at $48.3bn at the beginning of this week, a 17% increase since January.

Porsche and Aston Martin Market Cap Plunged in 2020

While Tesla and Ferrari’s stocks performed well amid the coronavirus crisis, other leading luxury sports car manufacturers witnessed a plunge in their market capitalization since the beginning of the year.

Statistics show the combined value of shares of Porsche dropped by 19% in the last eight months, with the figure falling from $23.1bn in January to $18.7bn this week.

The financial results for the first half of the year revealed the German automaker’s sales decreased by 7.3% year-on-year to €12.42bn. The company recorded an operating profit of €1.2bn, while deliveries in the first six months of 2020 dropped by 12.4% globally to under 117,000 vehicles.

Statistics show Aston Martin (LON: AML) more than quadrupled its operating loss for the first six months of 2020 after a sharp fall in sales and revenue amid the COVID-19 pandemic. The British sports car manufacturer sold just 1,770 vehicles in the first half of the year, while total retail sales stumbled to £1.77bn, a 41% plunge year-on-year.

Moreover, the company’s market capitalization halved in 2020, with the combined value of stocks falling from $1.6bn in January to $760.2 million in August.

Chris Porritt × Rimac Automobili

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Rimac Automobili has appointed former Aston Martin Chief Engineer, VP of Engineering at Tesla and lead at Apple’s Special Projects Group, Chris Porritt, to the role of Chief Technology Officer. Chris will report directly to founder and CEO, Mate Rimac, with focus on future Rimac projects.

With a career spanning more than three decades, Chris has overseen the development of a number of bespoke performance and electric vehicles. During his 16 years at Aston Martin, he was Chief Engineer for the hand-built, limited production One-77 hypercar and V12 Vantage Zagato.

In 2013, Chris moved to California to become VP of Engineering at Tesla and then Apple, where he held a senior role within the Special Projects Group. His combined experience of high-end supercar development at Aston Martin, engineering electric vehicles at Tesla and his race-car enthusiasm, make him the perfect addition to the Rimac team. Chris joins Rimac Automobili from Apple. In addition to his professional journey, Chris spends his spare weekends and any free time building and racing his vintage race cars.

Mate Rimac, Founder and CEO, Rimac Automobili said: “We have started out in a country which is not known for developing cars. We learnt so much through trial and error as it was difficult to attract people from other countries, making the process challenging but exciting. I can not imagine what our journey would have been like and how far along we would be now if we had Chris with us from the early days. I had concerns that people with great industry experience would not be a fit for our culture and company spirit. However, as a car enthusiast through and through, who gets the “hands dirty” himself, Chris fit right in from the first moment. We share the same mindset: we want to develop cars that raise the bar, are fun and great quality. I can’t wait to see what we will be able to create together.”

Chris Porritt, Chief Technology Officer, Rimac Automobili, said: “The opportunity to join Rimac Automobili is an engineer’s dream. Since nearly every key component is designed and built in-house by Rimac, this gives us freedom to create something that’s unlike anything else that has been done before in the Hypercar world. Rimac is the perfect place to use my combined experience in the engineering of supercars at Aston Martin and the EV engineering experience I gained in California. What the team has already achieved with the development of C_Two thus far is phenomenal, and I look forward to guiding the engineering development of future Rimac products that will push the envelope of performance.”

This year is a crucial period for the launch of Rimac’s latest all-electric hypercar, codenamed C_Two, as the prototypes are built, tested and crashed for global homologation. The 150 production examples of the new car will be hand-built on a new production line in Croatia, beginning in 2021. All major systems and components for the C_Two have been developed and built in-house by Rimac Automobili.

The Rimac C_Two will deliver a 0-100km/h time of <2 seconds and a top speed of 258mph in final production form. These performance figures have been achieved through development of the original C_Two concept and subsequent prototypes. In parallel with the development of the C_Two, the Rimac Automobili business has continued to scale up, with Porsche increasing its ownership stake in the business to 15.5% and Hyundai Motor Group investing 80M EUR into the business. These latest announcements join a long list of already established partners of Rimac, including Koenigsegg, Automobili Pininfarina and Aston Martin.

Follow Rimac Automobili: Facebook | Instagram | Twitter

Maj – “Supreme”

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Maj, the Dallas-based singer–songwriter–producer whose grunge-inflected production, nocturnal hip-hop, and soulful confessional storytelling has earned him nearly 10 million total global streams in less than two years, releases “Supreme,” his brand new single + lyric video (directed by Ice The Endless), available at all DSPs today via Def Jam Recordings.

“Supreme” is the first new music from Maj since the release of Majestic, his Def Jam label debut EP released in March. The eight track EP comprised five previously released songs (“Sloppy Seconds,” “Come Here,” “Trial & Error,” “Tesla,” and “2drunk” featuring 24kGoldn); plus three previously unreleased titles (“Love Always,” “Start A War,” and “Fucked Me Over”).

ABOUT MAJ:

Born in Pine Bluff, Arkansas, and raised in Dallas, Maj turned to music as a creative outlet after his parents divorced, and soon developed a diverse palette that ranged from Tyler, The Creator’s Bastard and Goblin, to Nirvana’s In Utero and Bleach among other influences. Maj conceived and launched a YouTube channel on which he posted commentary and analysis reaction videos to songs and albums that interested him. He piled up over 4 million views but his days as an “analyst” were numbered, as he began making low-key recordings of his own original material. “I didn’t even let my family know.”

His first upload out the gate, “Leave Me Alone” racked up over 100,000 streams. Collaborating with producer Nick Mira [XXXTentacion, Juice WRLD], “You and I” and “Sloppy Seconds” each surpassed one million mark, while “The Heartbreak” (produced by Nimbus Beats) neared 1.5 million Soundcloud plays alone. Into 2019, “Come Here” and “Trial & Error” showed his artistic progression, and ultimately caught the attention of Def Jam, the world’s most important hip-hop destination.

Maj strikes a working balance between listening and speaking, and his growing legion of fans seem to appreciate that he is out there listening and, most importantly, singing. “You might feel lost,” he sums up, “but you could also be happy as hell and still fuck with what I’m doing. This is meant to be a place for everybody.”

FOLLOW MAJ: Instagram | Twitter | Youtube | Spotify | SoundCloud

Kanye West Running For President?

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By Eamonn Burke

Megastar musician Kanye West tweeted yesterday, July 4th, that he will be running for President in 2020. The announcement came with a call to action:

“We must now realize the promise of America by trusting God, unifying our vision and building our future.”

The tweet, coming just months before the election, received support from prominent figures, including Tesla CEO Elon Musk, entrepreneur Mark Cuban, and Kanye’s wife Kim Kardashian.

Kanye, an avid Trump supporter, has teased at a possible run for president over many years, both in 2020 and 2024, but there is still no explicit evidence that he truly plans to run this year. Like his would-be opponent, President Trump, Kanye is known to make unfounded statements. As far as we know, Kanye has not registered his name yet. Another important factor is that of the candidate filing deadline, which Kanye has missed in many states, making him unable to appear on a ballot. However, he still has time to register as an independent in many key states like Pennsylvania and Michigan.

If Kanye really does run as an independent, it could shake up the projected votes for the November 3rd election.

Benefits of Electric Vehicles

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Electric vehicles are evolutionary, not revolutionary, says Baker Institute expert

Tesla will disrupt the automotive industry only if it is able to achieve scale, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy.

“Ford vs. Tesla: What Does a Transformational Automobile Scale-up Look Like?” is authored by Gabriel Collins, the Baker Botts Fellow in Energy and Environmental Regulatory Affairs at the Baker Institute.

Ford and Tesla both earned their reputations through what Collins describes as a “revolutionary vehicle type” — the Model T and Model S-X-3 suite, respectively — and as market makers. Comparing their sales growth trajectories, Collins hypothesizes, can offer insights on how electric vehicle (EV) sales are scaling up as well as how EVs can reshape automobile and oil markets.

The modern world, saturated with automobiles, provides a different battle for Tesla than Ford faced. For Tesla, scalability is essential and “holds the keys to lasting structural change in the energy and transportation spaces,” Collins wrote. Without scale, he says, Tesla cannot compete with the legacy brands that have built off of Ford’s vision for decades. Scale would allow EVs to create the operational infrastructure that can support pure-battery EVs and become more affordable, Collins says.

So can EVs reach market-transforming scale within the next decade?

“Possibly,” Collins wrote. “One overwhelming reality leaps forth from the past decade of data and anecdotal evidence alike: at the global level, EVs have thus far been evolutionary, not revolutionary, factors in the transportation sector.

“Tesla has been ‘evolutionary’ in that the changes they have introduced to the car market to date are thus far incremental …” Collins writes. “A ‘revolutionary’ change, such as the introduction of the Model T, would cause palpable shifts on even a short-term basis. … EVs are not yet impacting the market with sufficient mass to trigger that compounding, deep, high-velocity change necessary for a revolution.”

Collins conducts a range of globally focused commodity market, energy, water and environmental research. He focuses on legal, environmental and economic issues relating to water — including the food-water-energy nexus — as well as unconventional oil and gas development, and the intersection between global commodity markets and a range of environmental, legal and national security issues.

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Follow the Baker Institute via Twitter @BakerInstitute

Follow the Baker Institute’s Center for Energy Studies via Twitter @CES_Baker_Inst

Follow Rice News and Media Relations via Twitter @RiceUNews

Founded in 1993, Rice University’s Baker Institute ranks as the No. 2 university-affiliated think tank in the world. As a premier nonpartisan think tank, the institute conducts research on domestic and foreign policy issues with the goal of bridging the gap between the theory and practice of public policy. The institute’s strong track record of achievement reflects the work of its endowed fellows, Rice University faculty scholars and staff, coupled with its outreach to the Rice student body through fellow-taught classes — including a public policy course — and student leadership and internship programs. Learn more about the institute at www.bakerinstitute.org or on the institute’s blog.

Located on a 300-acre forested campus in Houston, Rice University is consistently ranked among the nation’s top 20 universities by U.S. News & World Report. Rice has highly respected schools of Architecture, Business, Continuing Studies, Engineering, Humanities, Music, Natural Sciences and Social Sciences and is home to the Baker Institute for Public Policy. With 3,962 undergraduates and 3,027 graduate students, Rice’s undergraduate student-to-faculty ratio is just under 6-to-1. Its residential college system builds close-knit communities and lifelong friendships, just one reason why Rice is ranked No. 1 for lots of race/class interaction and No. 4 for quality of life by the Princeton Review. Rice is also rated as a best value among private universities by Kiplinger’s Personal Finance.

The Most Exciting Cars of 2020

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by Ronald DiMaggio and Christina Perry, TRED

2019 proved to be an exciting year for car enthusiasts: we saw a revival of the iconic Toyota Supra, a redesigned Porsche 911 and BMW 3 Series, and a brand new McLaren hypercar in the Senna. Those were all properly exciting, but with the new year well underway, I think it’s only appropriate to start looking forward [insert cheesy 2020 vision joke], so in this article we’ll be taking a look at some of the more important cars set to come out in 2020. This list is not exhaustive, though it includes all the cars that we expect to make a big splash in the industry.

2021 BMW M3

BMW is set to reveal its all new M3 sedan, based on the existing G20 3 series later this year (with sales starting early 2021.) Spy photos and renderings (like the one above) have fans of the brand on the edge of their seats. This is mostly because spy photos have indicated that the 2021 M3 may follow in the 7 series’ footsteps with an absolutely massive grille that extends from the hood all the way down to the front lip. Yikes. Less worrying, however, is what will be hiding behind that grille, a stronger and doubly turbocharged version of the existing B58 inline six, dubbed the S58. The new M3 will also be the first one ever to offer all-wheel drive. We can be sure that it will drive well, as all M3s do, but here’s hoping it looks okay…

2021 Ford Bronco

Ford is set to debut its new Bronco in spring of this year, and intel so far is pointing toward it being exactly what we expect out of a vehicle wearing a Bronco badge: a boxy, rugged, body-on-frame SUV. As we saw with the recent Supra unveil, bringing back an icon after decades of dormancy is a risky proposition, but it appears that Ford is doing it right.

2021 Ford Mustang Mach E

Another exciting vehicle from Dearborn is the new Mustang Mach E crossover. Slated for delivery in late 2020, the Mustang Mach E is Ford’s first full-fledged foray into the all-electric segment. It looks good, it will be quick, and it seems to be at least somewhat reasonably priced, though I do have one small gripe with the Mustang Mach E. Did they have to call it a Mustang? I’m not one to get hung up on the mostly arbitrary sanctity of model names, but this is a bit ridiculous. Aside from styling cues, this vehicle has absolutely nothing in common with the traditional Mustang, and I think it’s something of an affront to the Mustang heritage.

2020 Tesla Model Y

Tesla is planning to start deliveries of their new crossover, the Model Y, in the summer of this year. The Model Y, as all Teslas are, will be an important car because it will assuredly disrupt sales of its gas-powered competitors in a big way. Tesla’s entrance into a more reasonable price bracket with the Model 3 made quite a splash in the sedan segment, and we can expect the Model Y to do the same in the increasingly hot crossover market.

2021 Tesla Roadster

Another Tesla sure to shake things up, though at a much bigger cost, is the upcoming Roadster. Set to go on sale after the Model Y, the Roadster is a $200,000+ supercar with quite a few big claims to support. Tesla has claimed that the Roadster will do 0-60mph in under two seconds, and will be able to reach speeds in excess of 250mph with seating for four. If it’s as potent as Tesla says it will be, I’m sure Lamborghini, Ferrari and McLaren will be sweating once it hits the streets; though I’m sure those brands have at least a small fanbase unwilling to switch to a supercar that doesn’t make any noise.

2020 Chevrolet Corvette

We already know quite a bit about the new C8 Corvette, but since it hasn’t technically hit the streets yet, it still belongs on this list. The C8 is Chevrolet’s first mid-engined Corvette and it marks the biggest transformation of the iconic sports car since its inception in the 1950s. It is still very much a Corvette though, with pushrod V8 power, two seats, and two doors. Dealers are preparing to make deliveries as early as next month, and I can’t wait to see them on the road.

2021 Mercedes Benz S-Class

Representing for the luxury sedan category on our list is the all new 2021 Mercedes Benz S-Class, set to be available for purchase later this year. The S-Class is a staple of the Mercedes brand, but more importantly, it’s a technological leader in the industry. Mercedes tends to debut lots of new tech in their flagship sedan, and other manufacturers often follow suit. With this in mind, the new S-Class is sure to bring with it many new innovations, and induce lots of innovative ripples throughout the industry.

2021 Land Rover Defender

Arguably the quintessential British 4×4, the Defender has been absent from the US since 1997, because its lack of airbags (and Land Rover’s refusal to engineer their addition) failed to comply with US safety standards. The used market for the Defenders that had already made it stateside has been hot since then, and there was no hint of any new iterations of that classic Landy recently.

And now, the Defender’s return is imminent. It has a lot of modern updates, but it still retains a fair amount of the rugged, utilitarian styling that gave the original its charm.

2020 Lotus Evija

In the awesome but unobtanium category (for most of us), Lotus is bringing out one of the sexiest, most exciting hypercars we’ve seen in a long time. And… it’s electric. In fact, exciting is sort of an understatement. It’s the most powerful electric car ever, with nearly 2,000 horsepower and a top speed of over 200 miles per hour. Oh, and it charges insanely fast, too—18 minutes to charge 100% (to a very respectable 250-mile range.)

Even the name is pretty exceptional; it’s probably partially a clever riff on the electric vehicle acronym of “EV,” and it also (loosely) means “living” or “breathing” in Hebrew.

2021 Cadillac Escalade

Because the ‘Sclade is the perennial choice of A-list Hollywood celebs, reality show stars, and ballers everywhere, it has to stay on top of its style game. The 2021 iteration fittingly made its TV debut in commercials alongside Academy Award-winning actress Regina King during the 2020 Oscars.

It’s big (even bigger than before), and bold, adding 7.1 inches in length over the previous model, and a massive grill. Inside, there’s more space, and some serious tech updates to everything from the suspension and transmission to the giant, curved OLED screen that probably has better image quality than the TV on your wall at home. A diesel engine will also be an option for the first time.

*Featured image of Oscar®-winning actress and acclaimed director Regina King behind the scenes with the 2021 Cadillac Escalade.

How to Save Money with Electric Cars

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Last year, over 200,000 electrically powered vehicles were purchased in the United States of America, and most consumers give one simple explanation for making the switch from gasoline powered cars; money.

Though electric cars can have a slightly higher sticker price than their internal combustion engine counterparts, they can offer drivers huge savings on fuel costs and maintenance. As vehicle charging stations have become more numerous, and home vehicle charging options have gotten better than simply sticking a plug in an outlet, electric vehicles have become more and more popular with consumers.

Here we are going to look at some of the ways that drivers are saving money by using electric cars, and how you can join in and start saving yourself some money too.

At a Cost-Per-Mile, Gas-Guzzlers Cannot Compete

The biggest saving that drivers of an electric car make is on the cost of fuel per mile. Even the most frugal internal combustion engines cannot begin to compete with fuel efficient electric vehicles.

Some electric car manufacturers offer free charging for their vehicles at selected charging stations, so gas powered cars have no chance to match those savings, but even electric vehicles that are charged at home or at charging stations that require payment offer drastically lower fuel costs. For electric vehicles, the cost per mile is often measured in cents, not dollars.

Less Maintenance, Fewer Trips to the Mechanic

Another area that driving an electric car can save you money over a regular gas-guzzler is in the cost of regular maintenance and trips to your mechanic.

The internal combustion engine is incredibly complex with hundreds of moving parts that require adequate lubrication, and the fuels and oils it uses need topping up and fresh filters. The drivetrain that powers electric vehicles couldn’t be more different, with most electric motors only having one moving part. This drastically reduces maintenance costs, and the possibility that one small part will fail on your car and keep you stuck indoors while a mechanic fixes your engine.

You Can Generate Your Own Electricity at Home

Imagine if you owned an oilfield. You would be much less concerned about the cost of fuel if you could just fill up your own car from your own supply of gasoline.

Many owners of electric cars are doing something similar to this by generating and storing their own electricity at home with solar or wind power and home battery packs. This electricity is essentially free, after the cost of the equipment, saving owners of electric cars even more money.

Some electricity suppliers will even offer their customers discounted electricity rates when it is used to recharge electric vehicles, saving them even more money.

The price of gasoline is constantly increasing, as well as the cost to the environment that gas-guzzling, carbon-emitting cars produce. When you take a look at all the savings that driving an electric car has to offer, as well as the environmental benefits, it is easy to see why hundreds of thousands of American drivers are now making the switch to electric vehicles.

Laura Harrier In Ethical Louis Vuitton Gown

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BLACKKKLANSMAN’S LAURA HARRIER WOWS IN BESPOKE ETHICAL LOUIS VUITTON GOWN AT THE 91ST ACADEMY AWARDS® REPRESENTING
SUZY AMIS CAMERON’S RED CARPET GREEN DRESS INITIATIVE

As a partner with Suzy Amis Cameron’s celebrated Red Carpet Green Dress (RCGD) campaign, BlacKkKlansman lead actress Laura Harrier, wowed the crowd as she arrived to the 91st Academy Awards ® wearing bespoke ethical gown made by Louis Vuitton.

Harrier’s gown was created in the Louis Vuitton’s Paris atelier with an ethical and eco-responsible approach established with long-time verified suppliers. The gown is made of TARONI SPA blue crepe silk certified by the Global Organic Textile Standards (GOTS), which is the worldwide leading textile processing standard for organic fibres, including ecological and social criteria.

The handmade embroidery by Vermont Paris required more than 450 hours of work, and is made of glass beads, Swarovski crystal shards and sequins respecting the STANDARD 100 by OEKO-TEX®, an international quality label for harmless textiles.

To qualify as a RCGD eco-conscious garment, each piece must either be made from sustainable materials, including organic, recycled or repurposed fibers. Other features include using hand-made detailing or incorporating natural dye processing, with a dedicated focus on minimal negative impact on the environment, and environmentally and socially responsible design.

This year makes the 10th anniversary of RCGD, and in honor of this, the sustainable criteria will be overseen by Good On You, a new partner of RCGD. Good On You is the world’s leading rating system on ethical and sustainable fashion to assist people in making positive shopping choices–all delivered through an accessible app.

Amis Cameron launched RCGD back in 2009, with the intention to create awareness for the importance of sustainable practices in fashion. Each year, RCGD works with international designers to create sustainable eveningwear to showcase during the Academy Awards®.

Also supporting the sustainable lifestyle are RCGD 2019 partners TESLA, Absolut Elyx and AKA luxury serviced residencies, a vibrant destination featuring exquisite residences designed for stays of 31 days or longer. It is because of their help along with annual contests that financial security can be provided to MUSE School CA. MUSE School CA is an environmental non-profit educational organization Amis Cameron founded in Calabasas, Calif. with her sister Rebecca Amis. This assistance enables students to access a transformative educational experience. MUSE School CA ensures smaller class sizes, personalized instruction and learning practices; all set within an inspiring and beautiful campus. Through these key elements, MUSE School CA paves the way in creating leaders of the future. For more information, go to www.museschool.org.

For more information please visit: http://www.redcarpetgreendress.com.

ABOUT RED CARPET GREEN DRESS

Red Carpet Green Dress is an internationally recognized organization that combines the worlds of fashion and sustainability. Currently in its tenth year, the campaign was conceived by Suzy Amis Cameron during the press tour for her husband, James Cameron’s film “Avatar”. Her hope is to draw attention to the importance of more sustainable practices in fashion by challenging designers from around the world to think about fashion in an eco-friendly context. The campaign also raises funds for MUSE School CA, a non-profit educational organization that Amis Cameron co-founded with her sister Rebecca Amis, in Calabasas, California.

ABOUT SUZY AMIS CAMERON

Suzy Amis Cameron is an actress, environmental advocate, and author of OMD: The Simple, Plant-Based Program to Save Your Health, Save Your Waistline and Save the Planet. She was inspired to create RCGD back in 2009 on her husband, James Cameron’s press tour for “AVATAR”. She wanted to challenge designers to think about fashion in an eco-conscious context. Since RCGD’s inception, a variety of celebrities have represented the initiative at the Oscars, including Emma Roberts (Scream Queens), Sophie Turner (X-Men, Game of Thrones), Naomie Harris (Moonlight), Gina Rodriguez (Annihilation, Jane the Virgin), Priyanka Bose (Lion), Kellan Lutz (Twilight), Lakeith Stanfield (Get Out), Zoey Deutch (The Set Up), Camila Alves, Jake McDorman (American Sniper), Missi Pyle (Gone Girl), and many others. To date, the brands who have partnered and supported RCGD range from TESLA, Vivienne Westwood and Armani, to ESMOD, Reformation, Swarovski, among others. www.omdfortheplanet.com

ABOUT LAURA HARRIER

A native of Chicago, Laura Harrier began her career at 17 as an international fashion model where she traveled the world and graced the pages of Elle, Glamour, Marie Claire, Vanity Fair, and others. Upon moving to New York to study acting at William Esper Studios, she shortly thereafter landed principal roles in the AMC pilot “Galyntine” and the HBO pilot “Codes of Conduct” directed by Steve McQueen. She made her screen debut in Richard LaGravenese’s film The Last Five Years and last year she starred as “Liz Allan” opposite Tom Holland in Spider-Man: Homecoming. This year, Harrier stars in Spike Lee’s new movie, “BlacKkKlansman,” opposite John David Washington and Corey Hawkins that is currently nominated for six Academy Awards. Currently, Harrier can be seen as the face of Louis Vuitton in their latest campaign and has also joined the Bulgari family as one of the Brand’s Ambassadors for the second consecutive year.

ABOUT LOUIS VUITTON
Since 1854, Louis Vuitton has brought unique designs to the world, combining innovation with style, always aiming for the finest quality. Today, the House remains faithful to the spirit of its founder, Louis Vuitton, who invented a genuine “Art of Travel” through luggage, bags and accessories which were as creative as they were elegant and practical. Since then, audacity has shaped the story of Louis Vuitton. Faithful to its heritage, Louis Vuitton has opened its doors to architects, artists and designers across the years, all the while developing disciplines such as ready-to-wear, shoes, accessories, watches, jewelry, and fragrance. These carefully created products are testament to Louis Vuitton’s commitment to fine craftsmanship. For further information: www.louisvuitton.com

10 Years of Red Carpet Green Dress

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SUZY AMIS CAMERON & RED CARPET GREEN DRESS CELEBRATE 10 YEARS OF SUSTAINABLE GLAMOUR FASHION AT ANNUAL PRE-OSCARS CELEBRATION

AMUR x RCGD CLOTHING COLLECTION REVEALED

SILENT AUCTION GOES LIVES THAT INCLUDES TESLA ULTIMATE EXPERIENCE, EXCLUSIVE PIECES FROM BVLGARI, VIP STYLIST FITTING & MORE

Celebrating 10 years of sustainable fashion, author, actor and environmental advocate Suzy Amis Cameron hosted her annual Red Carpet Green Dress (RCGD) Pre-Oscars Celebration in partnership with Absolut Elyx, AMUR and AKA West Hollywood last night at the Albright Fashion Library in Beverly Hills. With over 160 guests, some high profile faces included this year’s celebrity partners Laura Harrier (BlacKkKlansman), Danielle Macdonald (SKIN & Bird Box), last year’s representative LaKeith Stanfield, Amis Cameron’s husband James Cameron, Michelle Rodriguez (Fast & Furious franchise), and Fiona Xie (Crazy Rich Asians) among others.

Guests entered the celebration greeted by exclusive wardrobe pieces from the AMUR x RCGD debut collection. The collection features six looks, revealed last night for the first time, and were displayed in a curated presentation created by Oh Mannequin! The AMUR x RCGD is now available for purchase here and in select Bloomingdale stores around the country throughout March.

Guests enjoyed plant-based appetizers provided by Veganics, and sipped on Absolut Elyx vodka specialty cocktails as a warm welcome was given by Samata Pattinson, Vice President Global Campaign Manager of RCGD. Pattinson shared her journey of how she started out as a former winner of the campaign back in 2011, when the RCGD was a contest for budding designers, and how she has come full circle with Amis Cameron in the past eight years.

Pattinson then introduced RCGD founder, Amis Cameron, who spoke about the journey of RCGD and how proud she is to see how the fashion industry and top designers continue to embrace ethical guidelines and make sustainable fashion desirable.

Additionally, Jeff King, Head of MUSE School CA, and Rebecca Amis, co-founder of MUSE, spoke about the educational impact made on the future generations, while students shared their experiences about the eco-friendly school and how they are embracing the sustainable lifestyle in their daily lives.

Following the MUSE School CA testimonials, Pattinson took the floor and announced the official launch of the online auction where all proceeds will go to MUSE School CA, the beneficiary of RCGD. The exclusive auction items include:

Albright Fashion Library Styling Experience for One
The winner of this auction prize will receive a free fitting and styling with Irene for any event of their choice. The winner will be able to choose from over 35,000 items from runway couture to vintage wear.

Ultimate TESLA Experience for Up to Five People
●      Tesla factory Tour – a behind the curtain look/private tour of Tesla’s Northern California Factory. (Not open to the public)
●      Weekend Usage of a Tesla Model S or X vehicle
●      2-night stay at the Ritz Carlton Half Moon Bay

Bvlgari Divas’ Dream White Gold, Onyx, Turquoise And Diamond Pave Necklace
“Divas’ Dream” fan-shaped pendant necklace in 18k white gold, designed as a mosaic fan-shaped pendant set with turquoise, onyx and pavé-set diamonds to the smaller fan-shaped turquoise and diamond top. Necklace priced at $8,100

Bvlgari Divas’ Dream White Gold, Onyx, Turquoise And Diamond Pave Earrings
“Divas’ Dream” drop earrings, designed as mosaic fan-shaped drops set with turquoise, onyx and pavé-set diamonds to the fan-shaped turquoise and diamond tops, in 18k white gold. Earrings priced at $13,600

RINGO 4U2C Art piece by American Artist Daniel Ringo

STEVE KAUFMAN Original Piece

A 2-night stay at the Ritz Carlton Half Moon Bay

Bespoke Crafted Cufflinks Provided by Royal School of Needlework
Inspired by the iconic and stunning ‘Lava Dress’, which was worked by the Royal School of Needlework (RSN) and worn by Naomie Harris to the 2013 Oscars, the RSN Embroidery Studio has designed and hand embroidered this beautiful brooch and cufflink set.

The bid is currently open.

The fashion affair drew to a close around midnight.

In preparation for the Oscars on Sunday, Laura Harrier and Danielle Macdonald will be fitted in various fashion showrooms around Los Angeles, including the AKA West Hollywood, a vibrant destination featuring exquisite residences designed for long stay comfort, as they prepare to represent RCGD by wearing ethical gowns made by top global fashion designers.
For more information on Red Carpet Green Dress, please visit www.redcarpetgreendress.com.

ABOUT RED CARPET GREEN DRESS
Red Carpet Green Dress is an internationally recognized organization that combines the worlds of fashion and sustainability. Currently in its tenth year, the campaign was conceived by Suzy Amis Cameron during the press tour for her husband, James Cameron’s film “Avatar”. Her hope is to draw attention to the importance of more sustainable practices in fashion by challenging designers from around the world to think about fashion in an eco-friendly context. The campaign also raises funds for MUSE School CA, a non-profit school that Amis Cameron co-founded with her sister Rebecca Amis, in Calabasas, California.

I-PACE

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Jaguar I-Pace: One for the History Books

By Jake Porter × Vaughn Lowery

Possibly no one expected Jaguar to start producing and manufacturing electric vehicles. However, with the rapid onset of consumers searching for an influx of electric powered automobiles, it is not surprising the illustrious British brand provided its very first, all-electric vehicle. Moreover, to the world’s surprise, the antecessor to the Tesla’s Model X, did not emerge from one of the top European mega brands such as BMW, Mercedes-Benz, or Audi. Instead the Whitley, Coventry based Jaguar Land Rover, which has been manufacturing gasoline vehicles for over 80 years, has now effortlessly executed a lavish battery-only SUV.

The brand new Jaguar I-Pace is like no other. Once only rivaled by the Tesla Model X, this fully electric SUV is one of the first of its kind due to its groundbreaking features. First of all, compared to the majority of other electric vehicles on the market today, the I-Pace is powered by a 90 kilowatt hour battery that delivers an exceptional 240 mile range, which could outrun over 90% of the fully electric vehicles on the road today. The one-of-a-kind battery has a superb charge time. A typical kW DC charger can power the vehicle 0%-80% in 85 minutes.

Secondly, the I-Pace’s near silent acceleration and smooth braking are just a couple of the safety features included in the vehicle. The general handling of the vehicle and cornering ability only adds to the value of the car by creating a smooth, highly controlled turn on any surface. In addition, the stiff steering makes the car feel heavy and capable. The wider 22” tires along with all-wheel drive allows the SUV to claw windy roads with ease. The two different breaking modes included in the Default Regenerative Breaking system regenerate energy by efficiently converting available kinetic energy to electricity to charge the battery and extend the range. By selecting the “High” regenerative mode as opposed to the “Low” regenerative mode, it enables an intuitive single pedal driving in many conditions. Hood scoop, flush retractable door handles and back spoiler enhance air flow with a .29 drag coefficient. This feature tops many sports sedans and cars in their stable.

The I-PACE also includes a 3-mode system which alters the driving experience. Specifically, the modes of the vehicle including “Dynamic Mode,” “Comfort Mode” and “Eco Mode” – each of which accurately controls the vehicle in a different way. Dynamic Mode sharpens the throttle and steering responses, while firming up the suspension system for more precise handling. While the Comfort Mode can be used for less-spirited or day-to-day driving, the Eco mode reduces battery load by adjusting the climate of the battery cells with safely heating or cooling while eliminating any other non-essential systems. Each mode, changes the color of the ambient lighting inside the vehicle. These modes are yet another wonderful feature that adds to the pleasant user experience.

Furthermore, the vehicle’s exhilarating driving dynamics with its 394 horsepower and 512 lb-ft torque, produced by its twin electric motors (one at each axle), and its AWD, provide an experience that many drivers will enjoy.

The car is packed with ample road presence and turns heads wherever you go. Its bold, muscular, yet sensual lines make it aesthetically pleasing. This is a true driver’s car.

The Interior

Inside the cabin, the I-Pace comes loaded with an abundance of technology and safety features. Top notch infotainment system alongside of impressive appointments will impress most who step inside. The tempered glass and massive panoramic sunroof create an even more roomier and cozy environment for stargazing. The 825 watt Meridian sound system provides a concert-like experience. Of course, the vehicle also includes interior control panels and digital dials that are all extremely simple and easy to operate.

Comfort and Storage

Beyond it’s impressive all-electric range, its spacious and elegant cabin provide comfort for up to 5 people with ergonomic seating with ample storage in the trunk and, as an added feature, the I-Pace also sports space under the hood as well (aka a frunk). All in all, the total storage rivals that of today’s minivans. This attribute makes the I-Pace great for small families.

Conclusion

The Jaguar I-Pace is one for the history books. The vehicle is extremely difficult to find fault with. It truly has the appearance and spirit of a Jaguar. The comfort and the technology inside the car, as well as its sleek design, create a versatile vehicle perfect for an urban excursion or a local road trip. At $93,000 fully loaded, it’s a force to be reckoned with. This extremely driver intuitive elegantly designed SUV is perfect for a modern family and/or a top level executive.

Pre-order I-Pace