Are Tesla and Lucid a Threat to the Automotive Industry?

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There are two camps forming in the world of electric vehicles. There are legacy car companies, you know, your portias and adies. And then there are places like tesla and lucid where evs are their sole focus. Does either camp have an advantage here? That's a sort of unanswerable question. It'll be answeredin in the coming decade.

Chancellor Rishi Sunak is set to announce the UK’s budget on Monday and it includes a £5bn “restart” grant scheme, European Commission president Ursula von der Leyen warns that Europe could face an “era of pandemics,” and Japanese officials are preparing revisions to the country’s corporate governance code in an effort to change an inward looking corporate culture. Plus, the FT’s Patrick McGee explains how Lucid Motors will challenge Tesla in the electric vehicle market.

Sunak to give £5bn boost to Covid-hit companies in Budget

https://www.ft.com/content/9c6e7088-5577-4b17-adc1-502bffd33a76

Europe must prepare for ‘era of pandemics’, von der Leyen says

https://www.ft.com/content/fba558ff-94a5-4c6c-b848-c8fd91b13c16?

Japan prepares to shake up corporate code

https://www.ft.com/content/a8de1297-52b1-4ee7-aa24-b4e966790dba

Lucid takes on Tesla as electric vehicle competition hots up

https://www.ft.com/content/8e01e59e-5b89-46c2-a798-6945fa2f255d

Note: This episode has been updated to reflect that the Sputnik V vaccine was developed in Russia.

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