2400 hp sounds like a lot, but a Model X Plaid is 1020 hp. I assume it couldn't output 1020 hp for as long though.
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One day we were out servicing a conveyor drive with a 5hp motor attached to a gear reducer. I pointed out the spec plate on the reducer, it claimed an output of more than a thousand foot-pounds of torque.
"So this thing should be able to beat your Mustang in a race, eh?"
Horsepower is just torque * RPM.