Bugatti CEO Mate Rimac said the supercar market is entering its “Swiss watch phase,” with the wealthiest buyers rejecting high-tech electronics and electric vehicles in favor of precision mechanics and hand-crafted details. Rimac, the 38-year-old EV entrepreneur who took over Bugatti in 2021, said the car market is splitting in two: The mainstream global car market is becoming dominated by lower-priced EVs, many from China, while the very top of the car market will be driven by wealthy buyers who want more old-school cars with loud internal combustion engines and emotional appeal. Read the full story:

The new Tesla Roadster is about to make today’s supercars and hypercars look slow. Fastest production cars to 60 mph: • Rimac Nevera R: 1.66s • Chevrolet Corvette ZR1X: 1.68s • Lucid Air Sapphire: 1.89s • Porsche Taycan Turbo GT: 1.89s • Bugatti Tourbillon: ~1.9s • Porsche 911 Turbo S: 2.0s Roadster will do 0-60 in under 1.0s according to Elon.