Energy

energySaudi Aramco Passed $2 Trillion Valuation in Intraday Trading

Saudi Aramco’s shares closed at 36.8 Saudi riyals on Thursday, putting the company’s market value slightly below $2 trillion. The shares opened Thursday and reached 38.7 riyals where it briefly traded above a market value of $2 trillion. Apple closed …

futureQuantum Computers and Applications Over the Next 5 Years

This article has information from the quantum computer expert John Preskill. We are going to get more and better quality qubits with lower error rates. The overhead cost for error correction improves as gate error rate declines. The Google Quantum …

artificial intelligenceTesla’s Technological Moats for the Win

Ark Invest identified four technological moats that Tesla is growing for its electric car and truck businesses. 1. Superior batteries 2. AI (Full Self Driving) Chip The Tesla FSD is an automotive grade computer powered by two custom SoCs (system-on-chip). …

batteriesSam Korus Shows Tesla Cybertruck Superior to Ford F-150 on Price and Performance

Sam Korus of Ark Invest shows analysis that Tesla Cybertruck will be superior to the Ford F-150 on price and various aspects of performance. Sam also reported that the Porsche Taycan (electric car) has under-delivered on the promised battery range. …

businessSaudi Aramco Trades Up $180 Billion to $1.88 Trillion

Saudi Aramco opens up $180 billion from its $1.7 trillion IPO price. The petroleum sector provides 87% of Saudi budget revenues, 90% of export earnings, and 42% of GDP. Apple is the second largest publicly traded company at $1.20 trillion …

canadaNuclear Energy Advanced Reactor New Roundup

1. The reactor pressure vessel of the APR-1400 unit 5 of South Korea’s Shin Kori nuclear power plant was installed. The 1340 MWe pressurized water reactor is scheduled to begin commercial operation in March 2023. South Korea is taking just …

energyX-ray Lasers and Electron Beam Nuclear Fusion

HZDR (German) scientists are investigating whether controlled fusion could be facilitated with the assistance of tunneling processes using radiation But that is also a question of energy: the lower it is, the lesser the likelihood of tunneling. Conventional laser radiation …

climate changeWorld Emits 37 Billion Tons of CO2 for 0.6% Increase But USA CO2 Emissions Drops 1.7%

The Global Carbon Project reported that world CO2 emissions reached 37 billion tons per year in 2019. This was an increase from the 36.6 billion tons emission estimate for 2018. This was a 0.6% increase from 2018. There was 2.1 …

artificial intelligenceTesla Has 17% of the Global EV Market and Could Maintain or Grow Share Through 2025

Ark Invest has a new bull case that Tesla could maintain or even grow its current 17% global EV market share. The bear case for Ark Invest for Tesla for the next 5 years is for Tesla to more than …

batteriesIs Tesla the Only Major EV Maker Able To Get Strong Sales Without Subsidies?

China cut subsidies on electric cars which caused a 46% drop in October 2019 electric car sales versus October 2018. Global electric car sales were down 28%. The rest of the world had a 3% increase in electric car sales …