Ahead of its call with investors this afternoon, Lucid Motors has posted its Q1 2024 financial results. The numbers aren’t mind-blowing, but the American automaker is making slow improvements in EV deliveries and revenue as it gears up to launch its second model later this year.
Today’s full Q1 2024 financial report follows a peek at delivery numbers Lucid Motors ($LCID) made public in April.
Australian Tax Office Seeks Personal, Transaction Details from 1.2 Million Cryptocurrency Users
May 8, 2024
The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as 1.2 million cryptocurrency users. The revenue collector recognized that some users are fulfilling their tax obligations unknowingly, but…
GoMining Secures Bitscale Capital Backing to Accelerate Its NFT-Based Bitcoin Mining Operation
May 8, 2024
PRESS RELEASE. British Virgin Islands / Wednesday / GoMining, the infrastructure company easing access to Bitcoin mining with its Liquid Bitcoin Hashrate protocol, has raised $3 million through a direct investment from Bitscale Capital, a top international VC fund.
The…
North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily attributes the decrease in the number of mined bitcoins to the relocation of its proprietary miners, which were previously hosted at the Kearney and Granbury sites.
The Halving Effect
Hut 8, one of North America’s largest bitcoin miners, recently disclosed that its…
The Navy will name its next amphibious assault ship in honor of the Marines, Navy corpsmen, allies and partners who served and died in Helmand province, Afghanistan, the Navy secretary announced Thursday.
In unveiling the name, Carlos Del Toro called back to his late 2022…
The Navy issued a pause on operations for its T-45C Goshawk jet trainer fleet this month, following an engine failure on April 12.
The incident, which is under investigation, involved a T-45C Goshawk from Training Air Wing 1 that suffered an “in-flight engine…
The V-22 program office is studying the future of the tiltrotor aircraft, weighing both a technology refresh as well as whether it could rip off the wings and nacelles to add decades of additional life to the airframes.
U.S. Marine Corps Col. Brian Taylor, the joint program manager for the aircraft, told an audience at the Modern Day Marine conference in Washington that the U.S. military is the…
Acura ZDX S-Line first drive: A smooth, comfy ride, but it doesn't scream 'performance EV' [Video]
May 3, 2024
Acura has officially launched its first-ever BEV – the ZDX, and we at Electrek got the invite to Montecito, California, to test drive the top-tier S-Line trim of the crossover SUV. Acura did many things right in its first venture into electrification, but is it worthy of…
A new type of electric bicycle battery is gaining traction in the industry, potentially ushering in unprecedented levels of safety and security for riders. Get ready, because we’re quickly approaching the age of the potted e-bike battery.
There’s no doubt that fire…
Tesla’s next-gen Dojo AI training tile is in production, according to supplier Taiwan Semiconductor Manufacturing Company Limited (TSMC).
Tesla has been heavily investing in AI training compute power both through buying NVIDIA hardware and building its own under its Dojo program.
The first generation of its Dojo super computing platform went into operation last summer.
Shortly after, it was…
