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Why AI Could Save the Failed Electric Vehicle Experiment

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thewhalecapitals.com

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capital@twc.thewhalecapitals.com

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Sat, Jan 6, 2024 07:54 PM

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20 years of flawless sailing conditions… Plus an army of politicians propping up the industry o

20 years of flawless sailing conditions… Plus an army of politicians propping up the industry on tax credits… And America’s electric vehicle makers STILL can’t figure it out! [The Whale Capitals]( Will AI Save the Struggling Electric Auto Industry? Dear Reader, 20 years of flawless sailing conditions… Plus an army of politicians propping up the industry on tax credits… And America’s electric vehicle makers STILL can’t figure it out! It’s almost laughable: - 80,000 Americans are patiently awaiting their electric Hummers – GM has delivered just TWO all year! - Top–of–the–line EV models use 1980’s battery technology that’s so outdated – it’s like duct taping 5,000 Energizer AA’s to the underside of a car. - $60,000 sticker prices have Wall Street Journal reporting abysmal sales as “car companies are finding a limited pool of consumers willing to pay.” (And that’s AFTER the $7,500 tax rebate.) [But now, one company using AI promises to unleash a new era of affordable EVs in America…]( I call this firm’s solution the “EV Master Key.” With over 10,000 patents protecting their battery breakthrough… They’re beginning to sign lucrative new deals with Chevy, John Deere, and the U.S. Army. The Chief Manufacturing Officer of Jeep told Bloomberg, if EVs don’t get cheaper, “the market will collapse.” Without the help of [this firm,]( automakers have no hope of lowering prices. Loki, in Norse mythology, a cunning trickster who had the ability to change his shape and sex. Although his father was the giant Fárbauti, he was included among the Aesir (a tribe of gods). Loki was represented as the companion of the great gods Odin and Thor, helping them with his clever plans but sometimes causing embarrassment and difficulty for them and himself. He also appeared as the enemy of the gods, entering their banquet uninvited and demanding their drink. He was the principal cause of the death of the god Balder. Loki was bound to a rock (by the entrails of one or more of his sons, according to some sources) as punishment, thus in many ways resembling the Greek figures Prometheus and Tantalus. Also like Prometheus, Loki is considered a god of fire.With the female giant Angerboda (Angrboda: “Distress Bringer”), Loki produced the progeny Hel, the goddess of death; Jörmungand, the serpent that surrounds the world; and Fenrir (Fenrisúlfr), the wolf. Loki is also credited with giving birth to Sleipnir, Odin’s eight-legged horse.Volcanic eruptions are among the most stunning phenomena in the natural world. Volcanoes erupt because of the way heat moves beneath Earth’s surface. Heat is conveyed from the planet’s interior to its surface largely by convection—the transfer of heat by movement of a heated fluid. In this case, the fluid is magma—molten or partially molten rock—which is formed by the partial melting of Earth's mantle and crust. The magma rises, and, in the last step in this heat-releasing process, erupts at the surface through volcanoes.Most volcanoes are associated with plate tectonic activity. For example, volcanoes of Japan, Iceland, Indonesia, and numerous other places occur on the margins of the massive solid rocky plates that make up Earth’s surface. When one plate slides under another, water trapped in the subducted, sinking plate is squeezed out of it by enormous pressure, which produces enough heat to melt nearby rock, forming magma. Since the magma is more buoyant than the surrounding rock, it rises, and it may collect in chambers nearer to the surface. As a chamber fills up, the pressure inside may increase. When the downward pressure produced by the weight of rock above the chamber is less than the upward pressure produced by rock below the chamber, cracks often form above. Eventually the upward pressure may push the magma through the cracks and out of vents at the surface, where it becomes lava. In fact, strictly speaking, the term volcano refers to just such a vent, although it can also refer to the landform created by the accumulation of solidified lava and volcanic debris near the vent. I’ve put everything you need to know inside a new investor briefing. Including why Biden’s new emissions law could send the stock into overdrive in the days to come. [Click here to watch my “EV Master Key” briefing while it’s still available.]( Elon Musk took an active role within the company and oversaw Roadster product design at a detailed level, but was not deeply involved in day-to-day business operations.[19] The company's strategy was to start with a premium sports car aimed at early adopters and then move into more mainstream vehicles, including sedans and affordable compacts.[20] In February 2006, Musk led Tesla's Series B venture capital funding round of $13 million, which added Valor Equity Partners to the funding team.[21][16] Musk co-led the third, $40 million round in May 2006 which saw investment from prominent entrepreneurs including Google co-founders Sergey Brin and Larry Page, and former eBay President Jeff Skoll.[22] A fourth round worth $45 million in May 2007 brought the total private financing investment to over $105 million.[22] Tesla's first car, the Roadster, was officially revealed to the public on July 19, 2006, in Santa Monica, California, at a 350-person invitation-only event held in Barker Hangar at Santa Monica Airport.[23] In August 2007, Eberhard was asked by the board, led by Elon Musk, to step down as CEO.[24] Eberhard then took the title of "President of Technology" before ultimately leaving the company in January 2008. Co-founder Marc Tarpenning, who served as the Vice President of Electrical Engineering of the company, also left the company in January 2008.[25] In August 2007, Michael Marks was brought in as interim CEO, and in December 2007, Ze'ev Drori became CEO and President.[26] Musk succeeded Drori as CEO in October 2008.[26] In June 2009, Eberhard filed a lawsuit against Musk for allegedly forcing him out.[27] Tesla began production of the Roadster in 2008 inside the service bays of a former Chevrolet dealership in Menlo Park.[28][29] By January 2009, Tesla had raised $187 million and delivered 147 cars. Musk had contributed $70 million of his own money to the company.[30]In June 2009, Tesla was approved to receive $465 million in interest-bearing loans from the United States Department of Energy. The funding, part of the $8 billion Advanced Technology Vehicles Manufacturing Loan Program, supported the engineering and production of the Model S sedan, as well as the development of commercial powertrain technology.[31] Tesla repaid the loan in May 2013, with $12 million in interest.[32][33] Regards, [Nomi Prins] Nomi Prins Editor, Rogue Economics [The Whale Capitals]( Polaris Advertising welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To ensure our emails continue reaching your inbox, please add our email address to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, [click unsubscribe](. To contact Us, call toll free Domestic/International: +1 (302) 499-2858 Mon–Fri, 9am–5pm ET, or email us support@thewhalecapitals.com. 124 Broadkill Rd 4 Milton, DE 19968. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Polaris Advertising. © 2023 Polaris Advertising. All rights reserved.

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