Lucid Motors ponders going to public via SPAC merger

Luxury electric vehicle maker Lucid Motors is reportedly pondering the idea of going public via a merger with a special purpose acquisition company (SPAC).  The SPAC that will reportedly be involved with Lucid Motors is New York-based Churchill Capital Corp. IV, which is led by Wall Street veteran Michael Klein. Churchill, which raised an impressive […]

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German carmakers increase electric car sales

German carmakers Porsche, Audi, VW and the BMW Group, have published sales figures for 2020. Although overall sales declined, their sales of electric cars and plug-in hybrids still saw a significant increase. In some cases, these now account for a double-digit share of total sales. Volkswagen tripled its electric sales in the year of the […]

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2021 Ford Mustang Mach-E range test: At 70 mph, true to EPA highway results

How far can the Ford Mustang Mach-E go on a highway trip at 70 mph? Just as far as the EPA ratings suggest, I recently found out in a real-world range test. The Mach-E is the first electric SUV not from Tesla to reach an EPA-rated range of up to 300 mi…

Tesla Supercharger occupied by Dodge 4×4 pickup that identifies ‘as a Prius’

One of the best things about owning a Tesla is the Supercharger Network, which allows EV owners to take long trips in a convenient and affordable manner. It would then be quite an inconvenience if one were to use a Supercharger and its charging plug turns out to be covered in soot.  Unfortunately, some Tesla […]

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How Elon Musk’s autobiography led to a Tesla investor retiring at 43

In 2017, a Canadian accountant named Spencer was looking for something to watch on YouTube after cutting his cable, until he stumbled upon interviews with Tesla CEO Elon Musk. Four years later, at the age of 43, he is retiring from his job because his investment in Tesla stock has solidified his finances for the […]

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