#Lucid Motors SPAC shares tank after deal to go public

#Lucid Motors SPAC shares tank after deal to go public

“#Lucid Motors SPAC shares tank after deal to go public” Shares of a blank-check company that’s set to merge with electric-car maker Lucid Motors tumbled Tuesday after it inked a deal to take the Tesla rival public. Churchill Capital Corp IV — a special purpose acquisition company, or SPAC, backed by former Citigroup banker Michael Klein…

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#Elon Musk slams Texas power grid operator

#Elon Musk slams Texas power grid operator

“#Elon Musk slams Texas power grid operator” Tesla CEO Elon Musk slammed the Texas electrical grid operator on Wednesday for being unreliable after millions of residents were left without power during a historic winter storm that brought record freezing temperatures in the state. Musk tweeted that the state’s energy agency, the Electric Reliability Council of…

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