Boring Co is aiming to build underground tunnels for Elon Musk’s Hyperloop Project. Boring Co, Elon Musk’s startup which seeks to build underground tunnels for Musk’s hyperloop transportation project, stated it has raised $112.5 million in equity, 90% of which… Read More ›
Elon Musk
Tesla’s pickup truck to begin production in mid-2019
Its tentative schedule of production is mid-2019. Tesla’s CEO, Elon Musk stated it will soon build a pickup truck after producing the Model Y, an electric crossover vehicle. “I promise that we will make a pickup truck right after Model… Read More ›
Tesla Motors ramps up production of Model 3, boosts incentive to its global sales & service to $700,000 if he meets targets
The success of Tesla as a company is now contingent on the success of the Model 3. Electric luxury carmaker Tesla Inc has disclosed that it would pay Jon McNeill, its global sales and service president $700,000 if he met… Read More ›
Tesla adds James Murdoch and Linda Johnson Rice to its Board of Directors
With these latest additions, all eyes are on the success of its mass-market sedan, the Model 3. There is no looking back if the Model 3 is a hit. Tesla Inc has appointed James Murdoch, the Chief Executive of Twenty-First… Read More ›
Elon Musk and Robert Iger of Walt Disney quits Trump’s Advisory councils
Trump’s move has divided corporate America. Following U.S. President Donald Trump’s decision to withdraw the United States from the landmark 2015 Paris Agreement, Tesla Inc’s Chief Executive Officer, Elon Musk and Walt Disney Co’s CEO Robert Iger stated they would… Read More ›
As first quarter results for 2017 roll in, Tesla reports doubling of Profits
Although Musk’s bold moves have taken investor’s fancy, sceptics and investors alike are holding their breath as to whether Musk will be able to deliver his promise on the Model 3. Tesla Inc has reported a doubling of its profits… Read More ›
Musk pushing the envelope in the Model 3’s production strategy
Earlier Musk had spoken about his vision to investors with the production line working like an “alien dreadnought” factory in which robots and artificial intelligence are predominantly used to build cars. The vision will however take a while to materialise… Read More ›
SpaceX reusable rocket boosters to cut costs by at least 30%
The development is an important milestone that underscores humanity’s strive to being a space-faring civilisation. In a development that is significant for Elon Musk’s space venture, a SpaceX Falcon 9 rocket which having accomplished its mission was recovered at sea,… Read More ›
Elon Musk’s Neuralink could interface your brain to a computer
Registered as a medical research company, Neuralink is currently hiring academics who are experts in this field. The Wall Street Journal has reported citing sources familiar with the matter at hand, that Elon Musk, Tesla’s and SpaceX’s co-founder has launched… Read More ›
No evidence of product safety found in Tesla Model S – U.S. Regulators
In September 2016, Tesla upgraded its Autopilot system, and added new limits on hands-off driving and other features which Elon Musk said would most likely have prevented the accident. In a significant development, U.S. auto safety regulators have disclosed that… Read More ›