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'Take The Badge Off': Former Ferrari Boss Slams New $635k EV That Company Thinks Will Attract 'Younger Buyers'
'Take The Badge Off': Former Ferrari Boss Slams New $635k EV That Company Thinks Will Attract 'Younger Buyers'
One week after Ferrari unveiled its first-ever all-electric car, called the Luce, the design continues to divide analysts. Some referred to the new model as a "mix between a Honda Accord EV and a Tesla," while others said that Tesla's Model S Plaid was far superior. The latest report from Goldman analysts provided new details about their most recent visit to Ferrari's headquarters in Maranello.
Last Friday, Ferrari hosted an investor day, which...
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Aug 25, 2026 / Tyler Durden
Washington Backs Brazil's Serra Verde Mine In $1.55 Billion Rare-Earth Push
Washington Backs Brazil's Serra Verde Mine In $1.55 Billion Rare-Earth Push
The U.S. Department of War has announced a $750 million investment aimed at securing long-term supplies of critical rare-earth elements from Serra Verde’s Pela Ema mine in central Brazil, as Washington accelerates efforts to reduce its dependence on China for strategically important minerals, according to a DOW press release out this week.
The investment, announced Aug. 24 through the department’s Economic Defense Unit and Industrial Base Analysis and Sustainment program, will support an offtake agreement for mixed rare-earth carbonates produced...
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May 26, 2026 / Dave DeCamp
Iran’s Supreme Leader Says Region Will No Longer Be a ‘Safe Haven’ for US Military Bases
Iranian Supreme Leader Ayatollah Ali Khamenei said in a written statement on Tuesday that the US will no longer have a “safe haven” in the Middle East for its military bases, remarks that come after the Iranian military struck US bases across the region during the US-Israeli bombing campaign against Iran. In the statement, released […]
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