FIRST AIRED: August 23, 2016

Nice work! Enjoy the show!


You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!



>> Tesla taking its ludicrous mode to the next level, promising its newest electric cars will accelerate as fast as a Ferrari. CEO Elon Musk hosting a surprise conference call Tuesday introducing a larger battery pack for its model S and X vehicles. That will allow users to travel farther and faster.
The S, in fact, would be the third fastest car in the world with the chops to go 0 to 60 in just 2.5 seconds. Reuters correspondent Alexandria Sage.>> Elon must emphasize what a technological feat it was to expand the battery in this way. Still however, it's unlikely to move the needle in a substantial way in terms of sales because these are going to be very expensive cars.
>> The new and improved Ludicrous Mode will run about $135 grand. Still a bargain compared to sports cars from Ferrari and Porsche that are faster and can cost close to a million or more. Wall Street was only marginally impressed, though. News of the announcement prompted shares to tick up about 2% before they settled back down to just slightly in the black.