Missouri Health & Wellness Announces Grand Opening for Cannabis Dispensary in Sedalia, MO – Yahoo Finance


Benzinga

Watch Out, Elon Musk. These EV Startups Are Trying To Take On Tesla

With a $145.9 billion fortune at press time Elon Musk, the founder of the electric car manufacturer Tesla Inc (NASDAQ: TSLA), has added more than $100 billion to his net worth since January 2020. Tesla’s shares have been going up, beating every analyst’s expectations and common sense, while its market capitalization reached $600 billion on Dec. 7. The company is aiming to sell 500,000 battery-powered vehicles by the end of this year. Tesla’s automotive products include Model 3, Model Y, Model S, and Model X. Model 3 is a four-door sedan. Model Y is a sport utility vehicle (SUV) built on the Model 3 platform. Model S is a four-door sedan. Model X is an SUV.Tesla has changed the auto industry. But it isn’t the only electric car manufacturer in the global market. Some of the large, established automakers are making fully electric, and hybrid-electric cars aiming to keep Tesla at bay and are getting ready to enter the automotive industry – to take a pie out of Tesla’s growing business. Lucid MotorsEstablished in 2007, electric vehicle provider Lucid Motors is based in the state of California. The company develops software for monitoring individual battery cells, mechanical packaging, and controls for battery packs in plug-in vehicles, automobiles, and aircraft. Expected to launch in early 2021, its first model, the Lucid Air price, will start at $69,000. According to Bloomberg, the customer deliveries of the Lucid Air Dream Edition will be produced at Lucid’s new factory in Casa Grande, Arizona, and will begin in the spring of 2021. The manufacturer has planned to open eight showrooms by the end of this year, out of which five showrooms will be in California. Peter Rawlinson, CEO of Lucid Motors,

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