Description
Added on the 13/12/2020 13:28:08 - Copyright : Wochit
A Silicon Valley based firm called Lucid Motors unveiled their high-end electric vehicle prototype dubbed Lucid Air, in Fremont, California, on Wednesday. The new company hopes to tap into the growing popularity of electric cars and aims to challenge Elon Musk's automaker Tesla for electric vehicle customers. Lucid Motors claim that their Air prototype electric car has a range of over 400 miles on a single charge and can go from 0 to 60 in 2.5 second. A 100 kilowatt engine will generate up to 1,000 horsepower. Loaded with options, the Lucid Air is expected to hit the market sometime in 2018 at a luxury price point of around $100,000.
After a month-long argument with the Great State of California, Tesla founder Elon Musk has had enough. According to Business Insider, Musk confirmed on Tuesday that he has moved to Texas. Musk began extricating himself when local COVID-19 restrictions forced Tesla to temporarily close its only US car factory in the Bay Area. Over the summer, as he sold many Los Angeles-area homes, Musk also quietly moved his charitable foundation to Texas. At a virtual conference on Tuesday, Musk pointedly noted Tesla owns the last car manufacturing plant in the entire state of California.
Abbott via Facebook TSLA Tesla 594.15 0.65 (0.11 %) Disclaimer Get real-time TSLA charts here " Elon Musk has informed friends that he plans to move to Texas, CNBC reports. The news comes after Musk threatened in May to move Tesla out of California because of its response to the coronavirus. Texas famously has no state income tax, which could save Musk a lot of money on his massive pay package. Tesla's factory in Fremont was required to cease operations for a short period of time. —Elon Musk (@elonmusk) May 9, 2020 Even before the tweet, Musk had called California's rules fascist, urging the state on an earnings call to "give people back their goddamn freedom."
Argentina's President Javier Milei visits the Tesla factory in Austin, United States, with Tesla CEO Elon Musk. IMAGES
|
Support : Technical 
- Content 
- Editors 
