In March I wrote about the merger between Churchill Capital and Lucid offering a SPAC to access public money. Fast forward to today October 29th 2021 and What was CCID is now LCID formally renaming the SPAC as a namesake vehicle for the public market. …

In 2020 the world, at least the tech world was exposed to the importance of NVIDIA. …

Churchill Captial who acquired Clarivate analytics a data science company in 2019 is hashing out the last remnants of a would-be merger with Lucid Motors. This indeed signals Lucid Motors platform to the public market. The merger will place Lucid Motors in an interesting position with a symbiotic relationship between…

Why Tesla bought $1.5 billion in BTC — It was two weeks ago Tesla announced that it would allow BTC to be used to buy their products, whilst buying $1.5 billion in BTC. An interesting time as BTC broke through new heights in its valuation vis-à-vis dollars. It left everyone considering why, well it all makes sense. It…

As it stands today (02/08/2020) the market capitalisation of Tesla is $266bn. This Market cap shadows the likes of Ford ($26.9bn), GM ($35.6bn), Fiat (13.35bn), VW ($64.34bn), Mercedes-Benz ($39.26bn), and BMW ($34.73bn). In fact, not only is it the biggest yacht in the Marina, its market cap is higher than…

Elon announces that he wouldn’t mind licensing Tesla battery tech, powertrain and Autopilot software. Tesla Flex. — Last month I wrote a piece on Tesla’s announcement about Tesla being on the cusp of Level 5 readiness. I also alluded to the fact that Tesla’s position had put them in a strategic position to license the technology, this would be a cap in hand moment for many of…

Cruise, GMs R&D arm has made it quite clear that there is a race to acquire. It’s been revealed that during the process of negotiations between Amazon and Zoox, Cruise had approached Zoox for a $1.05bn take over. This clearly highlights a number of things; Cruise was keeping an eagle…

The COVID 19 crisis has unearthed vulnerabilities to Auto manufacturers particularly as social distancing rules have hampered production facilities. The governments in the US and Europe have softened the blow by offering furloughing staff for a period of time. Auto manufacturers know this stipend of help won't last and eventually…

I was reading an article on the Economist this morning regarding the bleak outlook of the oil market and how it would transpire across the Middle East, whom for more than 70 years has boomed from the relationship the world has had with the combustion engine and the basins of…