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Under the influence of Edsel Ford, Lincoln Motor Company was purchased by Henry Ford for $8 million ($145,622,266 in 2023 dollars [14]) on February 4, 1922. [10] [17] While Lincoln was valued at $16 million, a $5 million bid by Ford was the sole bid received for the company (forced to be increased by the court).
As of 2018, the number of U.S. citizens residing in their vehicles increased in major cities with significantly higher than average housing costs such as Los Angeles, Portland and San Francisco. [238] [239] According to CNBC, the median sale price for a U.S. home in 2017 was US$199,200. [240]
Tesla Autopilot engaged on I-80 near Lake Tahoe. Elon Musk first discussed the Tesla Autopilot system publicly in 2013, noting that "Autopilot is a good thing to have in planes, and we should have it in cars."
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