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informationpalace · 4 years
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Tesla's Founder Elon Musk tweet wipes $14bn off Tesla's value
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Since complaining that its share price was too high, Tesla's founder Elon Musk wiped $14bn off the automaker's value. The tweet also kicked off Mr Musk's own interest in Tesla by $3bn as creditors quickly bailed out of the business. "Tesla stock price too high imo," he wrote, one of many tweets that included a pledge to sell his land. He stated his girlfriend was mad at him in other tweets, while the other simply read: "Rage, rage against the dying of the light of consciousness." A tweet about Tesla's prospects, in 2018, on the New York stock exchange led to authorities fining him $20 m and promising to get all other messages pre-screened by lawyers on the website. 'Headache' The Wall Street Journal confirmed that the billionaire had been asked if he was kidding about the share price tweet and if it had been checked, receiving the response 'No' The share price of Tesla has risen this year, putting the valuation of the electric carmaker at nearly $100bn, a level that would cause a bonus payout to the founder of hundreds of millions of dollars. I am selling almost all physical possessions. Will own no house. — Elon Musk (@elonmusk) May 1, 2020 Wedbush Securities analyst Daniel Ives uncovered, "We view these Musk comments as tongue in cheek and it's Elon being Elon. It's certainly a headache for investors for him to venture into this area as his tweeting remains a hot button issue and (Wall) Street clearly is frustrated." Mr. Musk tweeted in 2018 that he might have raised funds to potentially withdraw Tesla from the stock exchange and take it private, which contributed to fluctuations in share price once again. The Securities and Exchange Commission deemed it to be a market-moving statement, fined it and pressured Tesla to carry out tests to ensure it did not happen again. Yet a federal judge last month said that Tesla and Musk had to face a shareholder lawsuit over the going-private tweet, including a charge that Mr. Musk tried to swindle them. My gf @Grimezsz is mad at me — Elon Musk (@elonmusk) May 1, 2020 Previously this week he tweeted some heavy criticism of the stay-at-home constraints due to the coronavirus outbreak to his 33.4 million fans. In 2019, after tweeting that a British diver was a "pedo guy" he found himself in court last year. Mr. Musk stated his home, previously owned by actor and producer Gene Wilder, was included in the deal to sell his belongings and bought in 2013. "One stipulation on sale," he posted, "I own Gene Wilder's old house. It cannot be torn down or lose any of its soul." Do not forget leaving your valuable comment on this piece of writing and sharing with your near and dear ones. To keep yourself up-to-date with Information Palace, put your email in the space given below and Subscribe. Furthermore, if you yearn to know about the face masks’ failure before Taiwan Martial artists, view our construct, ‘Face Masks Fail to Crimp Style of Taiwan Martial Artists’. Read the full article
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johndevolle · 5 years
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here’s the main opening illustration for the same piece about automakers and startups. #auto #startups #car #carmanufacturers #tech #siliconvalley #vehicles #factory #bridge #sanfrancisco #bus #truck #electricvehicles #future #transport #newtech #innovation #ideas #electric #green #eco #business #illustration #design #instaart #editorial #magazine #spread #dps https://www.instagram.com/p/B2Q-v92BmXS/?igshid=v7zq06zo0hpt
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tinamcasey · 3 years
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More And Better EV Batteries For Ford
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Yes they really are teasing that next-gen EV battery
#Ford #Battery #batteries #energy #EnergyStorage #ev #EVs #ElectricVehicles #electricity #electric #evcharging #research #researchers #Science #Mobility #Automotive #Automobile #manufacturing #US #carmarketing #carmanufacturing #evbatteries #evbattery #autoindustry #automakers
https://cleantechnica.com/2021/05/21/if-ford-had-a-nickel-for-every-ev-battery-it-would-be-even-better/
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en24news · 5 years
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WEEKLY PREVIEW: Dates until January 17th, 2020 | 01/06/20
WEEKLY PREVIEW: Dates until January 17th, 2020 | 01/06/20
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FRANKFURT (dpa-AFX) – Economic and financial dates until Friday, January 17th:
^
————————————————– ——————————
MONDAY, JANUARY 6, 2020
COMPANY DATES
USA: Media day at the technology fair CES
+ 0000 pk electric carManufacturer Byton
+ 1700 Pk LG
+ 1700 Pk ZF
+ 1800 Pk Bosch
+ 1900 pk Continental
+ 1900 Pk Panasonic
+ 2000 Pk Qualcomm
+ 2100 Pk Valeo
+ 2200 Pk Toyota
+…
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howardlyontx · 6 years
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10 Fastest Flagship Production Cars
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A few decades ago, the only fast carsknown to the general public were carswith a stallion emblem on them. YesFerrari. Ferrari have definitely made theimpression on us that they are the best ofthe best and their branding clearlyrepresents their efforts to make usbelieve this. Lamborghini have also madea similar impression on us but with thelikes of performance. However these daysthere are so many automotive companiesacross the globe achieving someincredible feats and slowly dimming thelight of the popular Italian sports carmanufacturers. Tesla Motors led by ElonMusk though founded in 2003 had reallystarted to make their mark in 2012 withthe production of the Tesla Model S thecompany prides themselves in energyefficiency and battery powered motorsthe Tesla Model S is a one hundredpercent electric powered vehicle yesthat means it’s not a hybrid only thingis that right now as it stands you can’tjust pack and go on a trip that exceeds250 miles or you’re likely to run out ofbattery power although you might just belucky enough to have Tesla’ssupercharges on your route Tesla have asport mode called Ludacris and onceactivated the car will perform at itsbest the Tesla Model S P 100 d can getfrom nought to 60 miles per hour in 2. 5seconds nought to 100 km/h in 2. 7seconds and can reach speeds of up to155 miles per hour Nissan gt-r Nismo theNissan GTR started production in 2007 asthe successor of the famous nissanskyline gt-r when the nissan gt-r wasunveiled it was set to have incrediblespecs and soon became a favorite car oftuna enthusiasts these enthusiasts wouldattempt and sometimes successfully boostthe performance with aftermarketupgrades there’s matching up towell-known supercar brandsat one point it was known as the BJPkiller for obvious reasons in 2015nissan introduced their own crazy spectnissan gt-r by the name of nismo in thenew model the power has been increasedto 591 horsepower and talked to 481pound-feet top speed remains the samewith a hundred 96 miles per hour and thegear ratios do not change in the DCTtransmission however the nought to 60miles per hour time is decreased to 2. 7seconds nought to 100 km/h in 2. 7seconds honda nsx if this car isn’t themost anticipated car ever I don’t knowwhat is the first generation nsx wasfirst manufactured and assembled inaugust 1990 that the japanese pakkanozawa R&D plants this was Honda’s firstever performance car to gain the widerpublic’s attention the car became sowell known among Tina’s and resentedamong higher class individuals but theynicknamed it the poor man’s Ferrarihonda continued to produce this carright through to november two thousandand five and then it was nowhere to beseen many rumors of a second-generationmodel were spread around for years until2012 where it was confirmed by thedisplay of the acura nsx concept at thenorth american international auto showafter announcements have been made for2015 in May 2016 the Honda NSX wasfinally released the delays were due twoepisodes of perfectionism and rightly soa great amount of expectation andpressure was on Honda after unveilingthe nsx concept they said they tried somany options for the drivetrain andengine layout because the v10 enginewasn’t compatible with the design whichthey received great reception ultimatelyHonda wants to maintain heritage fromthe first generation NSX and they madenecessary adjustments making this carvery highdespite the downsizing the Honda NSXfeatures a twin-turbocharged 75 degreesc o HC three and a half liter v6 engineproducing 500 horsepower mated to athree electric motor sport hybrid sh-awdsystem and a 9 speed dual clutchtransmission the total output is 573horsepower the 2015 NFS accelerates fromnought to 100 km/h in 2. 9 seconds noughtto 60 miles per hour in 2. 8 seconds andhas a top speed of 300 to 700 meters perhour Honda are aiming is a moresophisticated market with year curar NFXhaving a starting price about 156,000u. s. dollars I guess you can no longercall it a poor man’s Ferrari audi r8 v10plus the highly coveted audi r8 wasanother case of a manufacturer makingtheir first attempt at adding an exoticperformance car to their current rangethe audi r8 started production in 2006with a 4. 2 liter v8 engine and in 2009started using a 5. 2 liter FSI enginebased on the lamborghini gallardo unithmm Audi or Lamborghini same enginesimilar prices that’s a hard one in 2015Audi brought us onto the Audi r8 v10plus the high espect version of thesecond-generation audi r8 the v10 plushas a 5. 2 liter 40 valve engine thatdelivers a maximum power output of 610PS and peak talk of 560 newton metersclocking the hundred kilometers per hourmark from naught will take 3. 2 secondsand can hit a top speed of 205 miles perhour however some real-life tests havegot from nought to 60 miles per hour in2. 6 seconds nought to 100 km/h in 2. 7secondslamborghini aventador sv Lamborghini hasalways been a popular mark in thesupercar ranks with the Gallardo beingthe most popular strangely enough thoughthe Murcielago was the flagship modelshowing the Gallardo generation and wasstill less popular this is probablybecause the price differences were a lotbigger and on top of that the Gallardowas updated more or less every yearhowever since the release of theAventador the flagship model has becomeincreasingly popular according toLamborghini the original Aventador isable to do nought to 60 miles per hourin just 2. 9 seconds 220 miles per hourwith owners reaching 230 miles per houron their personal tests as if thiswasn’t impressive enough in 2015Lamborghini announced the aventador LP754 super follows the notableaerodynamic upgrades are a revised frontsplitter and rear diffuser and a rearwing the cars driving dynamics have alsobeen upgraded featuring a whole bunch ofnew technology like enhanced electronicsteering for superior maneuverability athigh speeds magnetic pushrod suspensionfor superior handling and also chassisimprovements to increase rigidity thepowertrain has also been upgraded with amaximum horsepower increase the 750horsepower from the standard coupe a700-horsepower combined with weightreduction of 50 kilograms from increasedusage of carbon fiber both inside andoutside the car the LP 754 SP has apower-to-weight ratio of 1 horsepower to2 kilograms overall the LP 750 for SBSstanding nought to 100 km/h time it’sdecreased from 2. 9 seconds to 2. 8seconds with a theoretical top speedstill somewhere in excess of 350 km/h217 miles per hour rodent rant recordedin an order41 km/h time of twelve point eightseconds and naught 2 322 km/h time of33. 5 seconds and a quarter-mile trackspeed at 140 1. 3 miles per hour in march2016 I think this bull is tired ofhorses trying to keep up on it vehemenceconcept one really Matz is an automotivecompany from Croatia that has startedtheir disruption in the industry withthe Ricky max concept 180 seatshigh-performance electric sports carit’s rumored that it will beat anyproduction car to the quarter-mile evensome hypercars like the laferrari somecool things about the regime at conceptone other than its zero emission thateach wheel is powered by a separateliquid-cooled permanent magnetsynchronous electric motor andcontrolled by the so-called all wheeltorque vectoring system that distributesthe power to the wheels in accordancewith user setup and driving conditionsalso the car has the ability to switchthe power from front wheels to rearwheel drive the regime apps concept onehas a total output of 1088 horsepowerallowing it to reach speed of near 200miles per hour but the concept one has aspeed limiter electronically limited topspeed of 190 miles per hour according tothe regime at the cars can get fromnought to 60 miles per hour in 2. 8seconds however in real life tests somehave got it from North 60 miles per hourin 2. 6 seconds nought to 100 km/h in 2. 6secondsmclaren p1 the mclaren was considered tobe the successor to the s1 utilizinghybrid power and Formula One technologybut did not have the same three seedlayout as its predecessor like the f1the p1 is a mid-engine rear-wheel drivedesign to use the carbon fiber monocoqueand roof structure safety cage conceptcalled mono cage which is a developmentat the mono cell first used in the mp412c and then in subsequent models itsmain competitors with the laferrari andthe porter 918 they are all similar inspecifications and performance and in arace when spotted together some caraficionados call it their supercartrinity the p1 features a 3. 8 litertwin-turbo v8 petrol engine the twinturbo boosts the petrol engine at 1. 4bar to deliver 727 horsepower and 531pound-feet of torque at 7500 RPMcombined with an in-house developedelectric motor producing 177 horsepowerand 192 pound-feet with both engine andthe electric motor the p1 has a totalpower and torque output of 904horsepower and 723 pound-feet of torquerespectively the p1 accelerates fromnought to 62 miles per hour in 2. 8seconds north 200 km/h in eight secondsand naught to 299 kilometers per hour in16. 5 seconds making it a full five and ahalf seconds faster than the f1 itcompletes a standing quarter mile innine point seven five seconds at 246km/h 153 miles per hour the p1 iselectronically limited to a top speed of218 miles per hour but is capable ofreaching a top speed of 249 miles perhour with the limiter removed laferrarithe laferrari is a limited productionhybrid electric vehicle sports car builtby ferrari laferrari is the first mildhybrid front ferrari providing thehighest power output of any ferrariwhilst decreasing fuel consumption byfourtwo percent la Ferraris internalcombustion engine is a mid we’re mountedferrari f1 40 65 degrees b12 with a sixpoint three liter capacity producing 789horsepower at 9,000 RPM and 520pound-feet of torque at 750 RPMsupplemented by a 161 horsepower curvesunit which will provide short bursts ofextra power the curse system adds extrapower to the combustion engines outputlevel for a total of 950 horsepower anda combined talk of 664 pound-feetFerrari claims oh 2 emissions of 330grams per kilometer the engines bore andstroke is 94 by 75. 2 millimeters with acompression ratio of 13. 5 21 and aspecific power output of 94 kilowatts128 PS per liter which is connected to a7-speed dual-clutch transmission and thecar is rear-wheel drive ferrari statesthe car has a top speed exceeding 217miles per hour similar to the NBA’s topspeed however it is capable of reachinga hundred kilometers per hour in lessthan three seconds 200 kilometers perhour in under seven seconds and a speedof 300 km/h in 15 seconds ferrari alsoclaims of the car has lapped its Fioranotest circuit in one minute 19. 7 which isfaster than any other road-legal carFerrari has ever produced bugatti veyronsuper sport the biggity Veyron eb 16. 4is a mid-engine sports car designed anddeveloped in germany by the volkswagengroup and manufactured in motion franceby biggity automobiles SAS the originalversion has a top speed of 253 miles perhour it was named car at the decade from2000 2009 by the BBC televisionprogramme top gear the standard BugattiVeyron also when Top Gear’s best cardriven all year award in 2005 the supersport version of the Veyron isrecognized by guinness world records atthe fastest street-legal production carin the world with a top speed of 430 1. 072 km/h close to 268 miles per hour andthe Roadster Veyron Grand Sport Vitesseversion is the fastest roadster in theworld reaching an average top speed of408 point 84 km/h in a test on the 6thof april 2013 a controversy developed in2013 over the Veyron Super Sport statusas the world’s fastest production carultimately resolved in the Veyron favorin early april 2013 driving co uk beganan investigation following claims fromus carmaker Hennessey that its 1244horsepower hennessey venom gt wasentitled the Guinness World Record witha recorded speed of 420 7. 6 km/h thehennessy was 3. 4 km/h slower than thefear on but Hennessey dismissed Bugattisofficial record saying that the VeyronSuper Sport was restricted to 415 km/hin production form and that for it toachieve its record top speed of 430 1. 1km/h the car used was in a state of tunenot available to customers Hennessy saidits venom gt was road ready andunmodified and was therefore aproduction car in the strict sense ofthe term the Veyrons design is quiteoriginal but at the same time familiarthis is because the chief designer washartmut walkers and the exterior wasdesigned by Yosef cabanne a Volkswagenwith much of the engineering work beingconducted under the guidance ofengineering chief wolfgang schreiber thebugatti veyron 16. 4 super sport is afaster more powerful version of thebugatti veyron 16. 4 production islimited to 30 units the super sport hasincreased engine power of 1200horsepower a torque of 1100 pound feetand a revised aerodynamic package thesuper sport has a 267 point eight fivesix miles per hour top speed making itthe fastest production road car on themarket although it is electronicallylimited to 258 milespower to protect the tires fromdisintegrating porsche 918 spydersupport 918 Spyder is a mid-enginedplug-in hybrid sports car by Porsche thespider is powered by a naturallyaspirated 4. 6 liter v8 engine developing608 metric horsepower with two electricmotors delivering an additional twohundred and five kilowatts for acombined output of 887 metric horsepoweror 652 kilowatts the 918 spyder 6. 8kilowatt-hour lithium-ion battery packdelivers an all-electric range of 19kilometers and the EPA’s five cycle paththe car has a top speed of around 210miles per hour by October 2012 theengineering design was not finalized butPorsche provided performance figures ofnought to 100 km/h in 2. 5 seconds noughtto 200 km/h in 7. 2 seconds nor did 300km/h in nineteen point nine seconds anda tested top speed of 218 miles per hourin September 2013 a 918 fitted with theoptional by sac package set anothergreen lap time of 6. 5 7 on the 20. 6 km/heckerd by 14 seconds and making it thefirst series production street-legal carto break the seven-minute barrier in carand driver’s independent tests of thePorsche 918 see be achieved nought to 60miles per hour in 2. 2 seconds making itthe fastest accelerating production carnought to 100 miles per hour in 4. 9seconds nought to 180 miles per hour in17. 5 seconds and the quarter mile innine point eight seconds in motortrend’s independent test of the Porsche918 he also claimed it was the fastestcar to 60 miles per hour they had evertested it stopped from 60 to noughtmiles per hour in 94 feet and brokemotor trend’s figure-eight record attwenty two point two seconds the 918spiders motor and engine deliver powerto the rear axle via a 7-speed gearboxcoupled supporters own pdk double-clutchsystem the front 125 PS electric motordirectly drives the front axle anelectric clutch decoupled the motor whennot in use the total system delivers 887PS and 940 pound-feet of torque thestarting price was eight hundred andforty-seven thousand US dollars the 918Spyder was sold out in December 2014thanks for watching click the mint huaicon to subscribe to our YouTube channelPlus check out all this cool stuff weknow you’ll love to
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informationpalace · 4 years
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Why Tesla Stock Is Soaring with an Amazing Pace
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Tesla stock surged from Wednesday afternoon after the company's earnings release. At one point in after-hours trade the stock jumped more than 10 percent — and that was on top of a 4% increase on Wednesday during the trade day. The step brought shares above $880, or up by 270% over the past year and by 2020 alone by more than 100 per cent. Growth stock is smashing the market outright. Yet what was it that brought the stock of the electric-car manufacturer yet another lift higher in Tesla's first-quarter update Wednesday? Here's a look at three main reasons investors are confident after the latest quarterly update from the electric-car maker. 1. Beneficial for a Third Quarter in a Row Perhaps the key reason Tesla stock jumped was a better-than-anticipated first-quarter results for the company. Its adjusted earnings per share was $1.24, average prediction by crushing analysts for a loss of $0.36 per share. In addition, Tesla posted notably a small profit of $16 million (nine cents per share) based on widely accepted accounting standards (GAAP). "Q1 2020 was the first time in our history that we achieved a positive GAAP net income in the seasonally weak first quarter," Management said in the first quarter statement. That reflected the third quarter in a row that both GAAP and non-GAAP based Tesla was productive. Profits for the quarter rose 32 per cent year-over-year to $5.99 billion, powered by strong production in the first quarter and deliveries of vehicles. 2. Model Y's Impressive Beginning Over the last year, one factor investors have been so optimistic on Tesla stock is the accelerated execution speed of the company. The firm put a factory in China online in late 2019, less than a year after breaking ground on it. Tesla then started shipping its latest Model Y crossover in March 2020 six months ahead of the company's initial timetable for the car. Now Tesla has yet another significant bit to report to investors on its improved execution pace: Model Y sales contributed a gross profit over the period, marking "the first time in our history that a new product has been profitable in its first quarter," Tesla stated. 3. Improved Profitability in Shanghai A further promising sign of success over the quarter has been the improved gross margin for the product. During the quarter, Tesla's automotive gross profit margin was 25.5% — the best the firm has seen in 18 months. Although higher regulatory credit revenue gave this key metric a boost, another advantage driving sequential margin growth at the company's new factory in Shanghai was improved profitability, Tesla said. The company further said it now plans to reach a Model 3 rate of production of 4,000 units per week by mid-2020 at its Shanghai plant. What about the Novel Coronavirus? Tesla of course recognized that COVID-19 developed the company's challenges. "It is difficult to predict how rapidly automobile manufacturing and its global supply chain will return to prior levels," said the management. The company's California factory is currently pausing as Tesla copes with economic constraints as part of an attempt to help reduce the coronavirus spread. Additionally, leadership said it is removing guidance for positive net income and free cash flow in the medium term, stressing a "wide range of potential outcomes" during this unpredictable period. "We will again revisit our 2020 guidance in our Q2 update." Comforting investors, Tesla said it considers it has enough liquidity to proceed substantial investment in its product roadmap and long-term capacity extension while also managing the near-term COVID-19 difficulties. Tesla finished the quarter with $8.1bn in cash. Yet free cash flow was negative at $895 million due to a combination of concurrent inventory growth due to the coronavirus interruption operations and Model Y manufacturing capacity investments. Do not forget leaving your valuable comment on this piece of writing and sharing with your near and dear ones. To keep yourself up-to-date with Information Palace, put your email in the space given below and Subscribe. Furthermore, if you yearn to know about the demise of Rishi Kapoor, view our construct, ‘Rishi Kapoor, Legendary Bollywood Actor, Dies at the Age of 67’. Read the full article
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