Bugatti set a new record when it sold its last purely gas-powered supercar at a Paris auction Wednesday for more than $10 million. The first all-electric Bugatti won’t come until 2030, but until then, the brand intends to focus on hybrid powertrains. I picture this one-of-a-kind Bugatti Chiron Profilée spending the rest of its days in a fancy glass house, never to be driven, like Cameron’s dad’s Ferrari from Ferris Bueller’s Day Off.
Doug DeMuro, YouTube’s favorite car reviewer and our foremost expert on automotive quirks and features, is getting a significant cash injection from the Chernin Group. The investment group behind a number of online creators, including Barstool Sports, MeatEater, and Exploding Kittens, said it would invest $37 million in DeMuro’s Cars and Bids website, which under the deal will merge with his YouTube page to form one entity. Congrats to Doug — now buy yourself a fancy knee pillow to celebrate.
Here’s our Decoder interview with Doug from 2021, where he describes how the business of being Doug Demuro actually works:
Reuters spotted Elon Musk in Washington, DC today meeting with two top advisors to President Joe Biden, John Podesta and Mitch Landrieu. Ostensibly the meeting was about the EV tax credit (still confusing!) and ways the administration can continue to help promote EV sales. If you’ll recall, Musk and Biden have not been on the friendliest terms: Biden has snubbed Tesla many times over the years, while Musk has openly mocked the president as unfriendly, sleepy, and too close to the unions.
