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Ferrari Vs Tesla: $640K Luce EV Loses Key Speed And Range Battles To Model S Plaid
Ferrari Vs Tesla: $640K Luce EV Loses Key Speed And Range Battles To Model S Plaid
Authored by Aamir Khollam via Interesting Engineering,
Ferrari's upcoming electric grand tourer, the Luce, has already sparked intense debate online. Much of that attention centers on its unconventional styling. Yet beyond the design discussion, the numbers reveal an interesting comparison against one of the EV market's most established performance sedans: the Tesla Model S Plaid.
The matchup is far from equal in price or positioning. Ferrari plans to launch the Luce at roughly $640,000, while Tesla's...
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Jun 2, 2026 / Tyler Durden
Cliffwater Private Credit Fund Gates Investors For Second Straight Quarter After Redemption Requests Soar To 17%
Cliffwater Private Credit Fund Gates Investors For Second Straight Quarter After Redemption Requests Soar To 17%
The market may be in full-blown face-ripping bubble mode, and software stocks are now gripped in by a category 5 gamma squeeze hurricane, but not even that is helping the ongoing debacle that is private credit.
The flagship private credit fund of Cliffwater, a fund which has was slammed by redemption requests in the past quarter as the private credit crisis came to a fore, has again gated investors by capping redemptions at 5% in...
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May 12, 2026 / Tyler Durden
'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat
'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat
Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.
Bloomberg reports that a top South Korean policymaker said the nation should pay citizens a 'dividend' using taxes on AI profits, with the obvious read through to Samsung and SK Hynix.
The comments in a Facebook post by presidential policy chief Kim Yong-beom fueled sharp swings in Korean stocks on Tuesday as investors struggled to parse the scope of the proposals.
“Excess profits in the AI era...
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Apr 1, 2026 / Tyler Durden
Senators Plan Taiwan Trip Ahead Of Trump's Summit With Xi Jinping
Senators Plan Taiwan Trip Ahead Of Trump's Summit With Xi Jinping
Authored by Jacob Burg via The Epoch Times,
Four U.S. senators from both sides of the aisle are planning to visit Taiwan, Japan, and South Korea within the coming days to strengthen U.S. alliances that they see as critical to challenging China’s sphere of influence.
Sen. Jeanne Shaheen (D-N.H.), who serves as the ranking Democrat member of the Senate Foreign Relations Committee, announced the trip on March 28.
Sens. John Curtis (R-Utah), Thom Tillis (R-N.C.), and Jacky Rosen (D-Nev.) will join her...
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