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Tesla’s (TSLA) technology is no match for what electric vehicle startup Lucid Motors (LCID) is cooking up, CEO Peter Rawlinson says.
“Clearly we have the best technology in the world. We’ve now taken the mantle from Tesla (TSLA) — we have the best tech,” Rawlinson told Yahoo! Finance. “We’ve taken the mantle. Without a doubt.”
The robotaxi company Waymo said Tuesday that it is operating more than 100,000 paid trips per week, a major milestone for the driverless car company that has faced a good deal of skepticism from consumers.
A billionaire is going to space — again. But this time, he says he’s doing it for science too, not just for his own enjoyment.
Next week, billionaire Jared Isaacman will do the first-ever private spacewalk during the Space X Polaris Dawn mission. The crew will also be doing a slew of tests on human health in space as SpaceX tries to understand if and how we could viably live in the stars.
The depreciation of electric vehicles is far steeper than data showed just last year. EVs can now lose up to half their value over a single year, based on recent observations. This is a sharp shift from when electric cars were projected in December 2023 to lose half their value in three years. However, the factors causing plummeting values might be good for drivers down the road.
Thanks to newly-unsealed documents, we now know every shareholder who has backed Elon Musk’s X Corp, formerly known as Twitter.
A federal judge on Tuesday ordered X to unseal its list of shareholders, which was made public on Wednesday and first reported by The Washington Post. The filing lists almost 100 entities, several of which are controlled by the same firm or individual, including a litany of venture capital funds with ties to Musk and his allies.
