✨ Airlines Are Pivoting to First-Class

🚛 Nikola's Battery Blunder, 🥊 Zuckerberg Moves On

The Soaring Trend of First-Class Travel Amidst a Post-Lockdown World

More people are flying first-class these days, and airlines are cashing in.

It’s no surprise that people are willing to pay extra for comfort and luxury, especially after all the lockdowns and social distancing. Nobody wants to sit next to a stranger who might sneeze on them or hog the armrest.

Plus, flying first-class is a status symbol, just like wearing a Rolex or driving a Ferrari.

The increased demand has sparked a mile-high race for luxurious renovations, with American Airlines scrapping first-class seats on many of its long-haul Boeing 777 crafts to feature as many as 70 “suites” with lie-flat seating and sliding doors for privacy.

German airline Lufthansa has also embarked on a €2.5 billion journey to rehaul its premium options.

It’s a reminder that in the world of luxury, there’s no such thing as a recession.

🚛 Nikola Recall Electric Trucks Amidst Financial Woes

Nikola, the EV player, has recalled most of the electrified commercial trucks it has produced due to a battery defect that could cause fires.

And by most, we mean 200 trucks, which is almost all they’ve sold. 

The company has a long history of dodgy behavior, including an “ocean of lies” according to Hindenburg Research.

The recall news couldn’t have come at a worse time for Nikola, with losses of nearly $218 million in its second-quarter earnings report and revenue dropping to $15 million.

The recall of 209 battery-powered commercial trucks dovetails with the company’s transition away from battery-powered EVs to focus on making hydrogen-cell trucks.

🥊 Zuckerberg Says ‘Time to Move On From Musk Cage Fight

Since Musk proposed the concept in June, the cage match between two tech billionaires has seemed both absurd and far-fetched.

Now Zuckerberg is urging the rest of us to accept reality.

The creator of Facebook wrote in a thread post, "I think we can all agree Elon isn't serious and it's time to move on. Elon won't confirm a date, then says he needs surgery, and now asks to do a practice round in my backyard instead. I'm going to focus on competing with people who take the sport seriously."

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