Market realizing Tesla’s leading EV tech: Lucid Motors CEO
Lucid Motors CEO and CTO and former Tesla VP Peter Rawlinson discusses Tesla’s valuation and technology, as well as his company’s new electric car, which has a range of over 500 miles.
(Reuters) – Elon Musk is hailed as an innovator and disruptor who went from knowing next to nothing about building cars to running the world’s most valuable automaker in the space of 16 years.
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But his record shows he is more of a fast learner who forged alliances with firms that had technology Tesla lacked, hired some of their most talented people, and then powered through the boundaries that limited more risk-averse partners.
MUSK FIRES BACK AT GATES, SAYS HE HAS 'NO CLUE' ABOUT POWERING ELECTRIC TRUCKS
Now, Musk and his team are preparing to outline new steps in Tesla’s drive to become a more self-sufficient company less reliant on suppliers at its “Battery Day” event on Sept. 22.
Musk has been dropping hints for months that significant advances in technology will be announced as Tesla strives to produce the low-cost, long-lasting batteries that could put its electric cars on a more equal footing with cheaper gasoline vehicles.