

News
Tesla Roadster rival Rimac C_Two is almost sold out despite $2M price tag
Next-generation Tesla Roadster rival Rimac C_Two is proving to be incredibly popular, practically selling out its projected 150-unit run in less than three weeks.
Reports of the C_Two’s sales were posted on Croatian news website Index.hr, which cited Krešo Ćorić, Sales Manager at Rimac Automobili. According to Ćorić, as of March 29, there were only a “few” more of the vehicles that are available for purchase. What’s more, Ćorić revealed that on average, Rimac’s customers have added around $600,000 worth of extra options.
The good news comes on the heels of the electric car startup’s growth and development this year. As we noted in a previous report, Rimac recently announced that it had signed a deal with China’s Camel Group, a battery manufacturer in the region, to develop and manufacture electric motors and electric car batteries. The two companies will be operating under the name Zhongkeluorui Technology Co. Ltd., with Rimac expecting to bring its expertise in electric car technologies and research into the joint venture.
Rimac’s C_Two hypercar is just the second vehicle that the Croatian electric car startup has produced. Its first vehicle, the Concept_One, had an incredibly limited run of 10 units. This time around, however, Rimac is aiming to build 150 units of the C_Two.
The C_Two brings some insane specs to the table. During its unveiling, Rimac announced some impressive figures for the all-electric hypercar. The vehicle’s 0-60 mph time was listed at 1.85 seconds, which is 0.05 seconds faster than Tesla’s next-generation Roadster. The C_Two is also capable of reaching a top speed of 258 mph, thanks to its electric motors that produce 2,300 Nm of torque.
Adding icing on the cake, Rimac claimed that the C_Two would be able to complete at least two laps around the 12.9-mile Nurburgring without a drop in performance. This is particularly noteworthy, especially considering that Tesla’s vehicles are yet to master full-power track driving.
Rimac is aiming to start the production of the C_Two hypercar on 2020, which also happens to be the year when Tesla will start the manufacture of its next-generation Roadster. Unveiled last November, the next-generation Roadster boasts specs that are comparable, if not superior to the $2 million Rimac C_Two.
During the electric car’s unveiling, Elon Musk stated that the next-gen Roadster would be capable of hitting 0-60 mph in 1.9 seconds and run the quarter-mile in 8.9 seconds. The upcoming Roadster will also feature 10,000 Nm of torque, which is 77% more than what is offered by Rimac’s hypercar. Tesla’s supercar is also far more affordable at just $200,000 – $250,000.
Nevertheless, the Rimac C_Two’s sales are noteworthy. It takes skill, after all, to make a $2 million electric car that can practically sell out in just three weeks.
Elon Musk
Elon Musk slams Bloomberg’s shocking xAI cash burn claims
Musk stated that “Bloomberg is talking nonsense.”

Elon Musk has forcefully rejected Bloomberg News’ claims that his artificial intelligence startup, xAI, is hemorrhaging $1 billion monthly.
In a post on X, Musk stated that “Bloomberg is talking nonsense.” He also acknowledged an X user’s comment that people “really have no idea what’s at stake” with AI.
Bloomberg‘s Allegations and Musk’s Rebuttal
The Bloomberg News report painted a dire picture of xAI’s finances. Citing people reportedly familiar with the matter, the news outlet claimed that xAI burns $1 billion a month as costs for building advanced AI models outpaced the company’s limited revenues.
Bloomberg alleged that xAI is planning to spend over half of a proposed $9.3 billion fundraising haul in three months, with a projected $13 billion loss in 2025. The report also claimed that of the $14 billion that xAI has raised since 2023, only $4 billion remained by Q1 2025. Even this amount, the news outlet alleged, will be nearly depleted in Q2.
xAI did not comment on Bloomberg‘s claims, though Elon Musk shared his thoughts on the matter on social media platform X. In response to an X user who quoted the publication’s article, Musk noted that “Bloomberg is talking nonsense.” Musk, however, did not provide further details as to why the publication’s report was fallacious.
xAI’s Bright Horizon
Despite Bloomberg‘s claims, even the publication noted that xAI’s prospects are promising. The company, now merged with X, aims to leverage the platform’s vast data archives for model training, which could reduce costs compared to rivals like OpenAI. Tapping into X also allows xAI to access real-time information from users across the globe.
xAI’s valuation reportedly soared to $80 billion by Q1 2025, up from $51 billion in 2024. The AI startup has attracted heavyweight investors such as Andreessen Horowitz, Sequoia Capital, and VY Capital so far, and optimistic projections point to profitability possibly being attained by 2027. This would be quite a feat for xAI as OpenAI, the AI startup’s biggest rival, is still looking at 2029 as the year it could become cash flow positive.
Elon Musk
xAI supercomputer faces lawsuit over air pollution concerns
NAACP & environmental groups are suing Elon Musk’s xAI over turbine emissions at its Colossus supercomputer site.

The xAI supercomputer, Colossus, faces a potential lawsuit from the NAACP and the Southern Environmental Law Center over pollution concerns tied to its gas-powered turbines. The facility has sparked debate over its environmental impact versus economic benefits.
The xAI data center has been operational since last year. The company used pollution-emitting turbines without an air permit, citing a 364-day exemption. Southern Environmental Law Center attorney Patrick Anderson disputed xAI’s exemption, stating: “there is no such exemption for turbines — and that regardless, it has now been more than 364 days.”
The groups issued a 60-day notice of intent to sue under the Clean Air Act, challenging xAI’s permit application under review by the Shelby County Health Department.
According to AP, critics argue the turbines emit smog, carbon dioxide, nitrogen oxides, and formaldehyde, worsening health risks in an area with cancer rates four times the national average.
“The permit itself says emissions from the site ‘will be an area source for hazardous air pollutants,’” the Southern Environmental Law Center noted, alleging Clean Air Act violations.
Opponents claim xAI installed up to 35 turbines—exceeding the 15 requested—without community oversight, straining Memphis’s power grid.
xAI responded: “The temporary power generation units are operating in compliance with all applicable laws.”
The company highlighted its economic contributions, including billions in investments, millions in taxes, and hundreds of jobs. At an April community meeting, xAI’s Brent Mayo underscored that the “tax revenue will support vital programs like public safety, health, human services, education, firefighters, police, parks, and so much more.” He projected that xAI would generate over $100 million in tax revenue by next year. The company is also investing $35 million in a power substation and $80 million in a water recycling plant.
Additionally, xAI is transitioning to sustainable power, particularly Tesla Megapacks. It is actively working on demobilizing the gas turbines.
“The temporary natural gas turbines that were being used to power the [xAI’s] Phase I GPUs prior to grid connection are now being demobilized and will be removed from the site over the next two months,” shared the Greater Memphis Chamber. xAI brought Tesla Megapack batteries and a 150-megawatt substation online earlier this year.
Despite xAI’s expansion to a second 1-million-square-foot site, the lawsuit threat underscores tensions between innovation and environmental justice.
Elon Musk
Tesla CEO Elon Musk hits back at drug use claims, calls publications ‘hypocrites’
Elon Musk showed a clean drug test, dispelling any rumors of drug use that came from unfounded reports from two large media outlets.

Tesla CEO Elon Musk has responded to a report from the Wall Street Journal and the New York Times, as both publications claimed he was abusing drugs while being involved with President Trump on both the campaign trail and while he was active within the administration after the election.
A bombshell report from the New York Times, published in late May, stated that Musk was regularly using things like ketamine, ecstasy, and psychedelic mushrooms, and also stimulants like Adderall, during his time within the Trump administration.
The reports cited inside sources who claimed the Tesla and SpaceX frontman was using substances during his time with the government.
However, Musk published the results of a recent drug test performed at Fastest Labs of South Austin. They showed ‘Negative’ results across the board:
lol pic.twitter.com/pMe3YfXFxS
— Elon Musk (@elonmusk) June 17, 2025
Musk was not done there.
He went on to say the New York Times “lies as easy as breathing. It’s normal for them.” He also said both the Times and Wall Street Journal reporters should also publish their own drug test results, stating, “They won’t, because those hypocrites are guilty as sin.”
Great idea. I hereby challenge the NYT and WSJ to take drug tests and publish the results!
They won’t, because those hypocrites are guilty as sin. https://t.co/Z6kf6sj2mS
— Elon Musk (@elonmusk) June 17, 2025
Musk said years ago that he received ketamine prescriptions from doctors to treat depression. He said he had it “years ago and said so on X, so this is not even news.” He also said that ketamine “helps for getting out of dark mental holes, but haven’t taken it since then.”
Tesla fans and Musk enthusiasts have joked for days now that, if Musk were to be on drugs, other CEOs should also do them, considering his persistence on work-related projects, long hours, and commitment to his job.
If Elon is on any drugs, I want what he’s having 🤣 pic.twitter.com/dRIuikDyym
— Adam Lowisz 🇺🇸🇵🇱🇪🇺🇬🇧🇺🇦 (@AdamLowisz) June 17, 2025
Musk has now proven that there has been no drug use with this test, and it seems as if the reports could have some sort of legal impact, although he has not said he will take any action.
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