Dear Smart Investor, Last month, Tesla CEO Elon Musk showed off his latest creation: the ultrafast Model S Plaid. Musk raced around a track outside Tesla’s factory in Fremont, California, demonstrating the vehicle’s upgraded 1,020-horsepower engine. With a top speed of 200 mph and a 0-to-60 time of 1.99 seconds, Musk claims the electric vehicle “is quicker than any sports car.” “It really feels like you’re driving in the future,” he said. But Tesla has competition: There’s an electric hypercar that’s even faster than the Model S Plaid. And it’s made by a company you’ve probably never heard of. This Major Company Is Investing $2 Billion Into “MaaS” Tech … Buy This Stock Now
It’s a $70 billion technology that’s expected to blossom into a $1.8 trillion industry in the coming decade.
One company critical to this tech could double in the coming months.
Here’s everything you need to know about MaaS. The World’s Most Powerful Hypercar Croatian car company Rimac Automobili was founded in 2009 by entrepreneur Mate Rimac. The automaker set out to create the world’s most powerful hypercar, which resulted in its latest model: the Nevera. The high-tech electric sports car features four motors, producing an incredible 1,914 horsepower. (Tesla’s Model S Plaid only has three motors.) This extra power lets it reach speeds up to 258 mph, with 0-to-60 acceleration in 1.85 seconds. The only area where the Model S performs better is range. It can go up to 390 miles on a single charge, while the Nevera only has a range of 340 miles. To help drivers navigate tracks at such high speeds, the Nevera features a driver-assistance system equipped with 13 cameras, 6 radars, a lidar and 12 ultrasonic sensors. Its intelligent “driving coach” software analyzes this visual data and provides cues when to optimally brake, turn or speed up. The Nevera truly is the most powerful hypercar in the world. But this state-of-the-art technology doesn’t come cheap. Rimac announced that the Nevera will cost a whopping $2.4 million, and it only plans to make 150 of them. So, you probably won’t be able to get your hands on one anytime soon. Tesla’s Model S Plaid, meanwhile, only costs $130,000. And Elon Musk said Tesla is ramping up to produce 1,000 units per week. Join the $1.8 Trillion Transportation Revolution The Nevera is way too expensive for most people. But high-tech electric vehicles (EVs) will get much cheaper over time. We saw it happen with personal computers. Hewlett-Packard’s HP 3000 PC cost $95,000 in 1972. Adjusted for inflation, that’s over half a million dollars today. As the technology gets better and less expensive, EVs will transform the transportation industry in the same way affordable PCs reshaped the economy. The tipping point might not be far away. So, you want to grab shares of EV companies now before Wall Street and the rest of the investing world rushes in to buy them. And Ian King has pinpointed one leader in this market that should grow its revenue over 6X in the next three years. That means more money for the company — and in investors’ pockets. You can learn more about the $1.8 trillion transportation revolution by clicking here. Regards, Jay Goldberg Assistant Managing Editor, Banyan Hill Publishing Privacy Policy Smart Profits Daily, P.O. Box 8378, Delray Beach, FL 33482. To unsubscribe from Smart Profits Daily emails, click here.
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