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Elon Musk swore he could sell SpaceX shares to privatize Elon Musk swore he could sell SpaceX shares to privatize

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Elon Musk swore he could sell SpaceX shares to privatize Tesla

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On Monday, Elon Musk said in a San Francisco federal court that he could have sold shares of SpaceX to privatize Tesla in 2018. He was and remains the CEO and largest shareholder of both companies.

Earlier, investor Glen Littleton sued Tesla, Elon Musk and Tesla board members, alleging that the entrepreneur’s tweets in August 2018 were false and cost investors billions of dollars, provoking fluctuations in the prices of shares, options and bonds of Tesla.

Then Elon Musk said on Twitter that he was considering the possibility of privatizing Tesla at a price of $420 per share. Tesla stock trading was halted after his tweets and the stock price remained volatile for several weeks.

Elon Musk swore he could sell SpaceX shares to privatize Tesla

Musk later claimed that he had a verbal commitment from the Saudi Arabian Sovereign Wealth Fund and was confident that the funding would come at the handshake price he offered. However, the deal never took place.

During a court appearance this week, Musk said another reason he said he had “funding secured” for the deal back in 2018 was that he could sell SpaceX stock to fund the deal.

Musk said under oath: “SpaceX shares in and of themselves meant ‘secured funding.’ It’s not that I want to sell SpaceX shares, but I could, and if you look at buying Twitter, that’s what I did. I sold Tesla stock to complete my Twitter purchase. And I would do the same with Tesla.”

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Electric Cars

334 hp, consumption of 4.95 liters per 100 km and body shape like the Audi A7. Changan UNI-V iDD economical liftback launched in China

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334 hp consumption of 495 liters per 100 km and

Dealers in China have Changan UNI-V iDD liftbacks, prices have also been announced: from 22,000 to 27,400 dollars. Inexpensive, given that we are not talking about the usual gasoline version, but about an economical hybrid.

334 hp, consumption of 4.95 liters per 100 km and body shape like the Audi A7.  Changan UNI-V iDD economical liftback launched in China

The UNI-V iDD is powered by a 1.5-liter turbocharged petrol engine with 167 hp. and an electric motor of exactly the same power – 167 hp. Only the torque of the internal combustion engine is 260 Nm, and that of the electric motor is 330 Nm. Up to 100 km / h, the car accelerates in 6.5 seconds, and the maximum speed is 220 km.

334 hp, consumption of 4.95 liters per 100 km and body shape like the Audi A7.  Changan UNI-V iDD economical liftback launched in China

334 hp, consumption of 4.95 liters per 100 km and body shape like the Audi A7.  Changan UNI-V iDD economical liftback launched in China

UNI-V iDD is not an ordinary hybrid, but a rechargeable one. The capacity of the traction battery is 18.4 kWh, the car can drive up to 100 km on pure electricity, and the range of a fully charged and fueled car is 1010 km (consumption – 4.95 liters per 100 km), and this seems to be true.

334 hp, consumption of 4.95 liters per 100 km and body shape like the Audi A7.  Changan UNI-V iDD economical liftback launched in China

The UNI-V iDD is notable for its body shape similar to the Audi A7. This is a mid-size liftback: dimensions are 4695 x 1838 x 1435 mm with a wheelbase of 2750 mm.

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Electric Cars

5-meter 500-horsepower all-wheel drive sedan with a power reserve of 666 km. In China, they are preparing to introduce the Feifan F7

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5 meter 500 horsepower all wheel drive sedan with a power reserve of

In China, on February 5, the official premiere of the Feifan F7 electric sedan (the Feifan brand belongs to SAIC) will take place, but the main parameters are already known, and they look interesting.

5-meter 500-horsepower all-wheel drive sedan with a power reserve of 666 km.  In China, they are preparing to introduce the Feifan F7

For example, Feifan F7 will be available both with a conventional traction battery and with a removable one. Not all manufacturers of electric vehicles in China offer this.

5-meter 500-horsepower all-wheel drive sedan with a power reserve of 666 km.  In China, they are preparing to introduce the Feifan F7

The basic version of the sedan will be rear-wheel drive, with a 294 hp engine. and a power reserve of 600 km. The top version will receive a power plant with two motors with a total power of 498 hp. and a power reserve of 666 km.

5-meter 500-horsepower all-wheel drive sedan with a power reserve of 666 km.  In China, they are preparing to introduce the Feifan F7

Feifan F7 dimensions – 5000 x 1953 x 1494 mm, wheelbase length – 3000 mm. The peculiarity of the interior of the car is a “digital dressing table”: three screens on the front panel. It is reported that the car will receive a Qualcomm Snapdragon 8155 SoC and a proprietary RISING OS.

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Electric Cars

Tesla burst into the ranking of the best-selling cars of 2022 with two models

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Tesla burst into the ranking of the best selling cars of

According to Electrek, citing data collected by Focus to Move, Tesla entered the top ten best-selling cars in the world with two models at once.

The Tesla Model Y came in fourth place with 759,000 cars, an 88% improvement on its last year result. Sales of the Tesla Model 3 grew by 4% year-on-year to 596,000 vehicles, placing it in seventh place.

Toyota remains the leader in global car deliveries, as we’ve already reported, with three models in the top five best-selling passenger cars in the world.

Tesla burst into the ranking of the best-selling cars of 2022 with two models

Top 7 best-selling cars in the world last year looks like this:

  1. Toyota Corolla: 1.12 million (down 2% from 2021)
  2. Toyota RAV4: 870,000 (down 14%)
  3. Ford F-Series: 787,000 (down 9%)
  4. Tesla Model Y: 759,000 (88% more)
  5. Toyota Camry: 675,000 (down 3%)
  6. Honda CR-V: 601,000 (down 18%)
  7. Tesla Model 3: 596,000 (up 4%)
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