1050 HP makes for exciting head lines - but is not a decisive criterion for electric vehicles. Electric traction motors have very high starting torques and ultimately high HP as a matter of fundamental theoretical features, nothing revolutionary. At 1050HP you will burn a lot of rubber - but won't make it home on what is left in your battery - if the whole thing doesn't go up in flames first .... An electric vehicle with 500Km range, say 150 HP available on demand - that would be a break through instead of a styling exercise.