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[ARTICLE · art-61293] src=electrek.co ↗ pub= topic=artificial-intelligence verified=true sentiment=↓ negative

Energy business, used car business, and plain ol’ business business

Elon Musk quietly acquired a $1 billion gas turbine company to power his AI chatbot Grok, while a Tesla Model S Signature is being flipped for a $100,000+ markup. Lucid's stock crashed 40% on a bankruptcy report it denies, and EV prices continue to fall with Hyundai and Polestar offering significant discounts.

read2 min views1 publishedJul 16, 2026
Energy business, used car business, and plain ol’ business business
Image: Electrek (auto-discovered)

Today’s episode of * Quick Charge* means business –

the business of buying up power stations to power up the pet AI that says it would have picked you over Michael Jordan in the 1984 NBA draft

andthe business of fleecing well-heeled car collectors out of an extra $100,000 on a (mostly) new Tesla Model S Signature sedan.

We also get into the very business-y business of Lucid’s finances and plummeting stock price – despite billions of dollars and many months of runway still available, as well as the plummetting prices on world-class EVs from Hyundai and Polestar.

Elon Musk quietly buys a $1 billion gas turbine company to power GrokSomeone is flipping Tesla Model S Signature for $260,000 — $100K+ markupLucid (LCID) stock halted, crashes 40% on bankruptcy report it deniesEV prices just fell again – here’s what US buyers paid in JunePolestar EVs are a smoking deal at $25k off now that they’re banned in the USHyundai cuts IONIQ 5 N EV prices by $6,300Hyundai launches affordable EV deals with 0% APR and up to $10,000 off

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[Apple Podcasts](https://podcasts.apple.com/us/podcast/quick-charge/id1494750564),

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[TuneIn](https://tunein.com/podcasts/Technology-Podcasts/Quick-Charge-p1284966/), and our

[RSS feed](https://feedpress.me/quickcharge)for Overcast and other podcast players

New episodes of * Quick Charge* are (allegedly) recorded several times per week, most weeks. We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of

Electrek’s high-voltage podcast series.

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LIVE [news/energy-business-used…] indexed:0 read:2min 2026-07-16 ·