🚔15: Tesla stock surge, Brexit import delays, Kyalami Grand Prix & Urus in SA
Tesla Stock Soars After Trump's Win
Tesla's stock had an incredible week following Donald Trump's election victory. Here's what you need to know:
Stock Surge: Tesla shares jumped by nearly 29% after Trump won the election, adding more than $230 billion in market capitalization and pushing the EV maker to a $1 trillion market valuation.
Why the Jump? Trump's win means potential benefits for Tesla, like:
- Less regulation on autonomous driving tech.
- Elon Musk might get a role in government, pushing for pro-EV policies
What to Do:
Investing: If you believe in Tesla's future, now might be a good time to consider buying. You can trade Tesla stock on platforms like:
- Robinhood for zero-commission trading.
- E*TRADE for more in-depth tools.
- Fidelity if you want to combine with other investments.
Keep an eye on how Tesla navigates these changes, especially concerning EV subsidies and autonomous vehicle regulations. And always do your own research before investing, and consider your risk tolerance!
Stock Surge: Tesla shares jumped by nearly 29% after Trump won the election, adding more than $230 billion in market capitalization and pushing the EV maker to a $1 trillion market valuation.
Why the Jump? Trump's win means potential benefits for Tesla, like:
- Less regulation on autonomous driving tech.
- Elon Musk might get a role in government, pushing for pro-EV policies
What to Do:
Investing: If you believe in Tesla's future, now might be a good time to consider buying. You can trade Tesla stock on platforms like:
- Robinhood for zero-commission trading.
- E*TRADE for more in-depth tools.
- Fidelity if you want to combine with other investments.
Keep an eye on how Tesla navigates these changes, especially concerning EV subsidies and autonomous vehicle regulations. And always do your own research before investing, and consider your risk tolerance!
The Kyalami Grand Prix Circuit in Midrand, South Africa
This week, the Kyalami Grand Prix Circuit in Gauteng has taken significant steps towards reclaiming its place on the world stage, announcing plans to achieve FIA Grade 1 status, a move that could pave the way for a Formula 1 return as early as 2027.
Established in 1961, Kyalami has hosted the South African Grand Prix 20 times, with the last F1 race occurring in 1993.
The circuit has seen numerous configurations over the years, initially a high-speed track that became infamous for its challenges and tragedies, notably in 1977 when a tragic accident claimed the lives of driver Tom Pryce and a track marshal.
In 2014, the circuit was auctioned off and purchased by Toby Venter, owner of Porsche South Africa, for R205 million($11M). His investment resulted in a comprehensive upgrade, achieving FIA Grade 2 status by 2019.
FIA Grade 1 Ambition
The track's owners, in collaboration with Apex Circuit Design, are now focusing on modifications necessary for FIA Grade 1 accreditation. This status is crucial for hosting top-tier motorsport events like Formula 1, MotoGP, and the World Endurance Championship.
If all progresses as planned, we might see F1 cars racing under the African sun by 2027.
Keep your eyes on Kyalami!
Established in 1961, Kyalami has hosted the South African Grand Prix 20 times, with the last F1 race occurring in 1993.
The circuit has seen numerous configurations over the years, initially a high-speed track that became infamous for its challenges and tragedies, notably in 1977 when a tragic accident claimed the lives of driver Tom Pryce and a track marshal.
In 2014, the circuit was auctioned off and purchased by Toby Venter, owner of Porsche South Africa, for R205 million($11M). His investment resulted in a comprehensive upgrade, achieving FIA Grade 2 status by 2019.
FIA Grade 1 Ambition
The track's owners, in collaboration with Apex Circuit Design, are now focusing on modifications necessary for FIA Grade 1 accreditation. This status is crucial for hosting top-tier motorsport events like Formula 1, MotoGP, and the World Endurance Championship.
If all progresses as planned, we might see F1 cars racing under the African sun by 2027.
Keep your eyes on Kyalami!
The Common Rail Diesel Injection
Our latest feature article explores the Common Rail Diesel Injection (CRDI) system, a key technology in today's diesel engines.
Here's a quick look:
What is CRDI? It's a high-pressure fuel injection system that stores fuel in a common rail, delivering it precisely to each cylinder for optimal combustion.
Why It's Important: CRDI enhances fuel efficiency, power, and reduces emissions, making diesel engines cleaner and more efficient.
Article Highlights
- History: From its early beginnings in the 1960s to becoming a standard in modern diesel engines.
- Key Players: Development by companies like Bosch, Denso, and others.
- Benefits: Better fuel economy, lower noise, and compliance with stringent emission standards.
And more!
Read the full article to understand how this technology has transformed diesel engines, making them a go-to for both efficiency and environmental responsibility.
Here's a quick look:
What is CRDI? It's a high-pressure fuel injection system that stores fuel in a common rail, delivering it precisely to each cylinder for optimal combustion.
Why It's Important: CRDI enhances fuel efficiency, power, and reduces emissions, making diesel engines cleaner and more efficient.
Article Highlights
- History: From its early beginnings in the 1960s to becoming a standard in modern diesel engines.
- Key Players: Development by companies like Bosch, Denso, and others.
- Benefits: Better fuel economy, lower noise, and compliance with stringent emission standards.
And more!
Read the full article to understand how this technology has transformed diesel engines, making them a go-to for both efficiency and environmental responsibility.
The Lamborghini Urus SE in South Africa
Lamborghini has just introduced the Urus SE to South African roads, marking a significant milestone in the luxury SUV segment in the country.
Launched in Johannesburg, here's the lowdown on this addition:
Power
The Urus SE is powered by a hybrid setup, combining a 4.0-liter twin-turbo V8 with a 141 kW electric motor, resulting in a total output of 588 kW (788 HP) and a monstrous 950 Nm of torque. This beast can sprint from 0 to 100 km/h in just 3.4 seconds, making it a formidable force on the tarmac.
Pricing
Luxury comes with a price - the Urus is starting at R4,875,000($265k). However, patience is key, as the order books are full until the end of 2025.
Launched in Johannesburg, here's the lowdown on this addition:
Power
The Urus SE is powered by a hybrid setup, combining a 4.0-liter twin-turbo V8 with a 141 kW electric motor, resulting in a total output of 588 kW (788 HP) and a monstrous 950 Nm of torque. This beast can sprint from 0 to 100 km/h in just 3.4 seconds, making it a formidable force on the tarmac.
Pricing
Luxury comes with a price - the Urus is starting at R4,875,000($265k). However, patience is key, as the order books are full until the end of 2025.
Tesla Cybertruck Hits Canadian Roads
The wait is over for Canadian Tesla fans! The Tesla Cybertruck has officially started rolling out in Canada, marking a significant expansion for the electric vehicle giant.
Deliveries Kick Off: November 4th, 2024, was the day when the first Cybertrucks were delivered in Canada. If you're eager to get one, now's your chance.
Pricing: Currently, you can only get the Foundation Series in Canada, starting at $138,000 CAD. But keep an eye out; non-Foundation models might follow soon, potentially dropping the price to around $100,000 CAD.
Where to Buy: Head over to Tesla's official website or visit a Tesla store in Canada. They're your go-to places for securing your own Cybertruck.
Delivery Timeline: For those placing orders now, expect your truck within a month. The backlog in the US has cleared, making now an excellent time to order if you're in Canada.
Actionable Insight: If you're considering a Cybertruck, act quickly. With the US market seemingly saturated, deliveries in Canada are moving fast. However, if you're budget-conscious, waiting a bit for the non-Foundation Series might be wise as it could offer better value.
Deliveries Kick Off: November 4th, 2024, was the day when the first Cybertrucks were delivered in Canada. If you're eager to get one, now's your chance.
Pricing: Currently, you can only get the Foundation Series in Canada, starting at $138,000 CAD. But keep an eye out; non-Foundation models might follow soon, potentially dropping the price to around $100,000 CAD.
Where to Buy: Head over to Tesla's official website or visit a Tesla store in Canada. They're your go-to places for securing your own Cybertruck.
Delivery Timeline: For those placing orders now, expect your truck within a month. The backlog in the US has cleared, making now an excellent time to order if you're in Canada.
Actionable Insight: If you're considering a Cybertruck, act quickly. With the US market seemingly saturated, deliveries in Canada are moving fast. However, if you're budget-conscious, waiting a bit for the non-Foundation Series might be wise as it could offer better value.
Brexit Import Control Delay
Last week saw yet another twist in the ongoing saga of UK-EU trade relations post-Brexit.
The UK government has again postponed the implementation of full import controls on goods from the European Union, initially scheduled for January 2025.
- New Deadline: The introduction of these controls, which involve physical checks on goods at the border, has been deferred to July 1, 2025.
- Reasons for the Delay: The government cited issues with the preparedness of border systems to handle the new checks.
Implications
This delay gives more time to car businesses within and outside the UK to adapt to the new requirements. This includes understanding the necessary documentation, potential tariffs, and how to comply with rules of origin.
If that is you, get the paperwork done!
The UK government has again postponed the implementation of full import controls on goods from the European Union, initially scheduled for January 2025.
- New Deadline: The introduction of these controls, which involve physical checks on goods at the border, has been deferred to July 1, 2025.
- Reasons for the Delay: The government cited issues with the preparedness of border systems to handle the new checks.
Implications
This delay gives more time to car businesses within and outside the UK to adapt to the new requirements. This includes understanding the necessary documentation, potential tariffs, and how to comply with rules of origin.
If that is you, get the paperwork done!