Lucid unveils Air’s Dual-Motor, 1,080 HP powertrain and 9.9-second quarter mile

Lucid Motors has released details on the powertrain it will use for its first electric vehicle, the Air. Lucid will equip the vehicle’s top configuration with a Dual-Motor, All-Wheel-Drive powertrain that is capable of 1,080 horsepower. Additionally, the Air was able to complete consecutive quarter-mile runs at under 10 seconds. Lucid has developed the Air […]

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Elon Musk’s Neuralink and what it means for anxiety and depression

Elon Musk’s Neuralink device aims to combat neurological disorders like Alzheimer’s, dementia, and epilepsy, along with other medical conditions like strokes. However, the Link could also fight common anxiety and depression disorders, which are at an all-time high. Musk has been vocal about Neuralink’s possible assistance in combating brain diseases and disorders ever since the […]

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Tesla’s (TSLA) stock split and how it has burned short sellers

Tesla’s (NASDAQ: TSLA) price adjustment from its stock split took effect yesterday, and short-sellers are feeling the heat from the company’s surge in price once again. Tesla shares rallied 12% on the first day of post-split trading after the trading volume was well above its daily average, with 115.6 million pieces of stock trading hands. […]

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Tesla wants new video games to be made at Giga Texas

Tesla is looking to ramp up its in-car video game presence for owners based on job descriptions on the company’s website. The electric automaker is planning to hire a series of Video Game and Infotainment engineers. They will be employed at the new Giga Texas production facility, just 15 minutes outside of Austin. Tesla posted […]

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Tesla’s Nickel Problem: The quest for sustainable sourcing

Tesla CEO Elon Musk promised a “giant contract” to a nickel supplier during the Q2 2020 Earnings Call. The problem is that the company will have trouble finding an efficient and environmentally-friendly nickel mine, and it could prove to be Tesla’s biggest challenge yet. Nickel is a crucial metal in electric vehicle batteries because it […]

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Tesla’s battery strategy has “no advantage,” Ford CEO says

Tesla’s battery strategy will not be adopted by legacy automotive company Ford, because Jim Hackett, the company’s CEO, says there is “no advantage” in migrating capital into owning a cell manufacturing facility. During Ford’s Q2 2020 Earnings Call in late July, Morgan Stanley’s Adam Jonas asked about the company’s strategy to produce EV batteries in-house, […]

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Tesla’s Elon Musk passes rival Mark Zuckerberg in net worth

Tesla’s meteoric surge in stock price has put CEO Elon Musk ahead of Facebook’s Mark Zuckerberg on the Richest in the World list. The two men have a tumultuous relationship that has resulted in a rivalry, and it all started in 2016 when SpaceX’s Falcon 9 rocket blew up, destroying a Facebook satellite. Musk is […]

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How Tesla (TSLA) took advantage of the retail investing boom

Tesla (NASDAQ: TSLA) stock has split 5:1. With its increased volume of shares, the price has adjusted accordingly, making its stock more available to retail investors who have become more prevalent and populous during 2020. TSLA stock officially adjusted in price on Monday, August 31, 2020, and are now available for $442.68 per share. The […]

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Tesla (TSLA) gets first post-split PT increase from Argus, citing resilience and growth

Tesla (NASDAQ: TSLA) received its first post-split price target increase today after Argus Research hiked its outlook for the electric automaker to $566 from $378. The price target adjustment comes after TSLA shares had their prices adjusted this morning following the planned split, which Tesla announced on August 11th. Before the split occurred on August […]

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Tesla China shows Giga Shanghai’s ‘Alien Dreadnought’ in action

Tesla’s “Alien Dreadnought” goal for production is being highlighted after the company shared a new video of Giga Shanghai’s Model 3 production lines in China. The video was shared by the company’s official page on Chinese social media outlet Weibo and shows a timelapse of Model 3 production lines at the Giga Shanghai production facility. […]

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