August 2023

Lucid posts Q2 2023 results: production target maintained, but revenue and earnings fall short

Lucid Motors maintained its projected annual production target on Monday and expressed confidence in its capability to start the production of its highly anticipated SUVs in the coming year and into 2025.  Lucid’s announcement drove its shares up around 4% during after-hours trading, which is quite remarkable considering that the company also reported second-quarter earnings […]

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SpaceX Falcon 9 sends 15 Starlink satellites to join growing constellation

The thick fog didn’t stop the Falcon 9 from launching 15 V2 mini Starlink satellites last night from California. The Falcon 9 lifted off at 9:57 p.m. PT (03:57 UTC) from a very foggy Space Launch Complex 4 East at Vandenberg Space Force Base in California. These 15 satellites form the Group 6-20 portion of

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Tesla CEO Elon Musk comments on CFO Zach Kirkhorn’s departure

Tesla CEO Elon Musk commented on CFO Zach Kirkhorn’s departure from the company. “I would like to thank Zach Kirkhorn for his many contributions to Tesla over the course of 13 often difficult years,” Musk said in a Tweet. “Much appreciated and best wishes for the next stage of his career.” Yesterday, it was revealed

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