EV model becomes a $40 million collector’s item

Ferrari’s first fully electric car, called Luce, in a handout image obtained by Reuters May 25, 2026, after the luxury sports car maker unveiled the model. Ferrari | Via Reuters A personalized model of Ferrari’s first fully electric vehicle has sold for $40 million in a charity sale, defying market skepticism and setting a record…

Read More

SpaceX investors grapple with volatility amid big swings

This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Rollercoaster. That’s probably the most accurate word to describe SpaceX’s opening two weeks as a public company.  The stock surged for several successive days following a record-breaking IPO, briefly overtaking both Amazon and Microsoft in terms of market…

Read More

Trump distrust keeps Democrats out of ‘gang’

WASHINGTON, DC – OCTOBER 16: U.S. Senate Minority Leader Sen. Chuck Schumer (D-NY) (R) and House Minority Leader Rep. Hakeem Jeffries (D-NY) (L) brief members of the press during a news conference on the government shutdown at the U.S. Capitol on October 16, 2025 in Washington, DC. Alex Wong | Getty Images Capitol Hill remains…

Read More