Inside Transportation
Johan Moreno & Jason Calacanis
Recorded on July 15th, 2020
1:47 - TO KICK THINGS OFF
- Tesla is opening a Supercharger next to an In-N-Out location, about 30 minutes away from Palm Springs in California. The announcement sent Twitter buzzing. At least one fan requested new In-N-Out artwork, swapping out the classic cars for Teslas.
https://twitter.com/Ryan_Alvarez116/status/1283448188834213888
- Johan talked about how he was going to be a guinea pig for the Moderna COVID-19 vaccine. Jason says he might need to find a new co-host if things go wrong.
- Johan shared this video with Jason, of a vehicle widely believed to be a Ford Mustang Mach-E ripping, doing donuts, etc.
https://www.youtube.com/watch?v=RszqMl3D-NI&feature=youtu.be
8:45 - TOPIC 1: Fisker Inc. is going public
Supporting Link: REUTERS - Exclusive: Electric car maker Fisker eyes deal to go public
- The deal, which would raised $2b and be completed via a reverse acquisition, would be modeled after recent public listings from Nikola and Velodyne Lidar.
- The deal is being facilitated by special-purpose acquisition company, Spartan Energy Acquisition Corp., which is backed by private equity firm Apollo.
- Spartan launched its IPO in 2018 and said it would focus on an acquisition in the energy sector, raising $552m. It would finance the Fisker acquisition through a combination of the money it raised plus borrowed funds.
- The $552m is expected to fully fund Fisker's production of the Ocean SUV, is expected to close in the second half of 2020 and will be listed on the NYSE.
- Fisker plans to launch the Ocean SUV in late 2022. The vehicle is expected to deliver about 300 miles of range and will start at under $37,499. Plans for the automaker’s luxury electric sedan, the EMotion, were delayed indefinitely.