Posts filtered by tags: Musk[x]


'Boring Company' Video Suggests Company Is Abandoning Underground Rails

An anonymous reader quotes Business Insider: Shortly after news broke that Elon Musk's Boring Company landed its first tunnel-building project in Las Vegas, it released a video of two Teslas racing in its tunnel near Los Angeles -- one using the roads, and the other using a Boring Company tunnel. The Tesla in the tunnel took one minute and 36 seconds to get to the destination, reaching 127 mph, the video, posted early Friday, showed. The car using the roads arrived in four minutes and 45 second...

Elon Musk on Twitter: 'Trains Should Be On Surface, Cars Below'

An anonymous reader writes: The SFGate site reports that Elon Musk engaged in a "bizarre Twitter fight" after someone suggested underground tunnels were better for trains than cars. "Opposite is true," Musk argued. "You can have 100's of layers of tunnels, but only one layer on surface (to first approximation), therefore trains should be on surface, cars below." Underground, he noted later, "you can have as many lanes as you want going in any direction." San Francisco transit authorities then ...

Why Elon Musk doesn't like Jeff Bezos's space colonies

Elon Musk and Jeff Bezos have sparred over space exploration previously.Musk wants to focus on Mars while Bezos has the moon and space colonies as goals.In a recent tweet, Musk called out Bezos's plans for space colonies as unrealistic. None Great rivalries often make for great progress. Thomas Edison competed against Nikola Tesla, bringing electricity to the world. Steve Jobs's on-and-off feud with Bill Gates largely defined the computer age, resulting in rapid innovation. Will the battle of th...
Tags: Elon musk, Space, Nasa, Innovation, Technology, Jeff bezos, Future, Travel

Elon Musk tells Tesla employees in leaked email that customer demand is still high, despite the stock crashing in recent weeks (TSLA)

Elon Musk told Tesla employees in an email Wednesday night that the company is still on track for a record number of deliveries this quarter.  Tesla received more than 50,000 new orders this quarter he said in the email, a copy of which was seen by Business Insider.  Musk said the company needs to hit production rates of 1,000 Model 3's per day, and is currently at about 900 per day.  Tesla's stock price has been hammered for seven straight days and is showing no sign of stopping. Follow ...
Tags: Apple, Elon Musk, Trends, Tesla, TSLA, Musk, Gene Munster, US China, Reuters Tesla, Business Insider Musk, Bloomberg Data

Tesla's Solar Factory Is Exporting Most of Its Cells

Most of the solar cells Tesla is producing at its Gigafactory in upstate New York "are being sold overseas instead of being used in the company's trademark 'Solar Roof' as originally intended," reports Reuters. "The exporting underscores the depth of Tesla's troubles in the U.S. solar business, which the electric car maker entered in 2016 with its controversial $2.6 billion purchase of SolarCity." From the report: Tesla has only sporadically purchased solar cells produced by its partner in the f...
Tags: New York, California, Tech, Tesla, Panasonic, Buffalo, Solarcity, Musk, Gigafactory, Reuters, U S Customs, Panasonic Corp, Lyndon Rive, Panasonic Cells

XPRIZE names two grand prize winners in $15 million Global Learning Challenge

XPRIZE, the non-profit organization developing and managing competitions to find solutions to social challenges, has named two grand prize winners in the Elon Musk-backed Global Learning XPRIZE . The companies, KitKit School out of South Korea and the U.S., and onebillion, operating in Kenya and the U.K., were announced at an awards ceremony hosted at the Google Spruce Goose Hangar in Playa Vista, Calif. XPRIZE set each of the competing teams the task of developing scalable services that...
Tags: Google, Android, TC, South Korea, Elon Musk, New York, Technology, California, Articles, Tech, Ceo, C, Unesco, United States, United Kingdom, Speech Recognition

Tesla’s communications chief is leaving the automaker

Dave Arnold, Tesla’s senior director of communications, is leaving the company after two-and-half years, according to sources familiar with the move. Tesla confirmed to TechCrunch that Arnold was leaving in June. “We’d like to thank Dave for his work in support of Tesla’s mission, and we wish him well,” a Tesla spokesperson said in a company-issued statement. “Dave will remain with the company for the next month to help transition his responsibilities to Keely Sulprizio, Tesla’s director of Glob...
Tags: Apple, Transportation, Facebook, Elon Musk, Tech, Tesla, Dave, Automotive, Arnold, Tesla Model S, Musk, Global Communications, Personnel, The Boring Company, Dave Arnold Tesla, Keely Sulprizio Tesla

SpaceX kicks off its space-based internet service tomorrow with 60-satellite Starlink launch

As wild as it sounds, the race is on to build a functioning space internet — and SpaceX is taking its biggest step yet with the launch of 60 (!) satellites tomorrow that will form the first wave of its Starlink constellation. It’s a hugely important and incredibly complex launch for the company — and should be well worth launching. A Falcon 9 loaded to the gills with the flat Starlink test satellites (they’re “production design” but not final hardware) is vertical at launchpad 40 in Cape Canaver...
Tags: Amazon, Gadgets, Facebook, Space, Spacex, Elon Musk, Hardware, Washington, Tech, Jeff Bezos, Musk, Falcon, Cape Canaveral, Gwynne Shotwell, StarLink

Musk’s new lawyer fights ‘pedo guy’ defamation lawsuit claims, questions motive

SpaceX and Tesla CEO Elon Musk’s lawyer argued Tuesday in a court filing that the British cave diver who became embroiled in a public spat with his client and later sued for defamation can’t recover damages because his reputation was not harmed. In court documents filed Tuesday, Musk’s new lawyer Alex Spiro of Quinn Emmanuel questioned the motive of Vernon Unsworth, the British cave diver, who filed a defamation lawsuit in September 2018 in the U.S. District Court for the Central District ...
Tags: Transportation, Spacex, Elon Musk, Buzzfeed, Tech, Tesla, Thailand, Automotive, Musk, Wilson, Spiro, Alex Spiro, Stephen V Wilson, Unsworth, Quinn Emmanuel, Ryan Mac

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Monday. Ride-hailing firm Uber went public on Friday, raising $8.1 billion after pricing its IPO at the low end of its range. First day trading didn't go especially well, with the shares closing 8% below its IPO price. Emil Michael, a former high-ranking executive at Uber, told CNBC that Uber's first day was a disappointment because investors do not properly understand how valuable the company is. He said that the company's work on auto...
Tags: Google, Facebook, Uber, Mark Zuckerberg, Russia, Los Angeles, San Francisco, Trends, New York Times, Reddit, Emil Michael, Kremlin, Chris Hughes, Cnbc, Alexa, Musk

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Thursday. Uber and Lyft drivers across the world went on strike on Wednesday over pay, conditions, and the firm's "orgy of greed." The strike came ahead of Uber's IPO, which promises to make investors such as founder and former CEO Travis Kalanick richer by potentially billions of dollars. Google took a major shot at Apple's iPhone camera while announcing its new $400 Pixel smartphone. "What other smartphone cameras try to do with expen...
Tags: Apple, Google, Amazon, Elon Musk, Washington Post, Disney, US, Trends, Tesla, SEC, Travis Kalanick, Bob Muglia, Alexa, Cto, Musk, Amazon Alexa

Tesla seeks dismissal of suit challenging Musk pay package

DOVER, Del. (AP) — A Delaware judge is weighing whether to dismiss Tesla shareholders’ complaints over a compensation plan that could net CEO Elon Musk more than $50 billion over the next decade. The shareholder lawsuit says the automaker’s pay plan should be subject to court review because it was negotiated by a compensation committee […]
Tags: Business, Elon Musk, Technology, News, Tesla, Ap, Nation, Delaware, Musk, DOVER Del

Waymo's top scientist and CTO explain why Elon Musk's approach to self-driving cars is 'very risky' (GOOG, GOOGL)

In April, Tesla CEO Elon Musk had harsh words for the honeycomb-looking sensors — known as lidar — that companies like Alphabet's Waymo use to give their self-driving cars an understanding of the road and what's on it. "Lidar is a fool's errand," Musk said. "Anyone relying on lidar is doomed." On Wednesday at an event at Google's developer's conference, I/O, Waymo executives said that Musk's decision to leave out lidar from Tesla's autonomous approach was "very risky."  The Waymo execs a...
Tags: Google, Elon Musk, Trends, Tesla, Arizona, Warren Buffett, Lidar, Cto, Alphabet, Musk, Phoenix, GM Cruise, Waymo, Uber Ford, Dolgov, Drago Anguelov

Elon says Tesla will field 1M fully autonomous robo-taxis by 2020 – AI experts call BS

Elon Musk, the PT Barnum of tech, is currently getting a ration of ridicule from some of the world’s foremost leading AI experts over his ridiculous claim that Tesla will field a million fully autonomous cars by 2020. If there are a million Tesla robo-taxis functioning on the road in 2020, I will eat them. Perhaps @rodneyabrooks will eat half with me? — Kai-Fu Lee (@kaifulee) May 8, 2019 Musk, as his oddly sycophantic followers are prone to point out every time he’s criti...
Tags: Startups, Twitter, Science, Opinion, Social Media, Tech, Tesla, Artificial Intelligence, Robots, Musk, Elon, Kai Fu Lee

Waymo defends laser sensors after Elon Musk drags them

Tesla CEO Elon Musk's recent strongly worded thoughts on LiDAR laser sensors, which bring 3D imaging to a self-driving car's computer, are still reverberating throughout the autonomous vehicle community. Waymo's head engineers and scientists are now defending its sensor choices for the company's self-driving taxi service.At a Waymo event during the Google I/O developer conference at headquarters in Mountain View, California, the Alphabet-owned company's CTO Dmitri Dolgov and ...
Tags: Google, Elon Musk, Science, Cto, Musk, Mountain View California, Tesla CEO Elon Musk, Waymo, Dmitri Dolgov, Tesla Elon Musk Waymo Google

Trump’s tariffs could knock Tesla’s Autopilot off course

The White House has refused to exempt the “brain” of Tesla’s Autopilot technology from punitive import tariffs, a decision that could endanger the company’s self-driving ambitions, TechCrunch has learned. At a special “autonomy day” event last week, Tesla CEO Elon Musk unveiled advanced Autopilot 3.0 hardware, including a new custom chip intended to enable full self-driving (FSD) operation for all of its new vehicles. This hardware is now standard in all new Model 3, S and X vehicles. Custom...
Tags: Apple, TC, Transportation, Verizon, Japan, Elon Musk, White House, China, Samsung, Tech, Tesla, Automotive, United States, Washington Dc, Citigroup, Goldman Sachs

Tesla bumps up its capital raise by $400 million, with Elon Musk taking an additional $15 million

Tesla is going to raise an additional $400 million in its latest sale of stock, with co-founder and chief executive Elon Musk committing to buy an additional $15 million in shares, according to a filing with the Securities and Exchange Commission. The electric vehicle, energy storage and solar panel manufacturer said it will sell 3.1 million shares at $243 per share. The underwriters are jointly underwritten by Goldman Sachs and Citigroup . At the same time, the company said it would boost its...
Tags: TC, Elon Musk, Finance, Tech, Tesla, Citigroup, Goldman Sachs, Energy Storage, Securities And Exchange Commission, Musk, Zachary Kirkhorn

Tesla bumps its capital raise up by $400 million, with Elon Musk taking an additional $15 million

Tesla is going to raise an additional $400 million in its latest sale of stock, with co-founder and chief executive Elon Musk committing to buy an additional $15 million in shares, according to a filing with the Securities and Exchange Commission. The electric vehicle, energy storage and solar panel manufacturer said it will sell 3.1 million shares at $243 per share. The underwriters are jointly underwritten by Goldman Sachs and Citigroup . At the same time, the company said it would boost its...
Tags: TC, Elon Musk, Finance, Tech, Tesla, Citigroup, Goldman Sachs, Energy Storage, Securities And Exchange Commission, Musk, Zachary Kirkhorn

Judge approves Tesla CEO Elon Musk’s agreement with SEC

NEW YORK (AP) — A federal judge has approved an agreement that Tesla’s CEO Elon Musk reached with regulators over his tweets. The deal says Musk must get a securities lawyer’s approval before writing or talking on investor calls about a broad range of Tesla-related topics. U.S. District Judge Alison Nathan said Wednesday that Musk […]
Tags: Business, Elon Musk, New York, Technology, News, Tesla, Ap, Nation, SEC, Musk, Alison Nathan

There were some awkward surprises in Tesla's latest financial filings

Tesla's recently released financials paint an even worse picture of the company's finances than CEO Elon Musk did last week. On top of a few nasty surprises, the filing did little to shift the conversation away from a lack of demand for Tesla's cars. Meanwhile, questions linger about how Tesla will execute on its latest strategic shift — turning its cars into a fleet of robo-taxis. Wall Street just got to see all the details of Tesla's disastrous first quarter, and now things look even worse ...
Tags: Google, Elon Musk, China, Trends, Tesla, Shanghai, Morgan Stanley, Canaccord Genuity, Musk, Adam Jonas, Uber General Motors, Tesla People, Jed Dorsheimer

Elon Musk says Tesla's cars will defy the laws of the auto market and become more valuable over time. Experts say he's probably wrong. (TSLA)

Tesla CEO Elon Musk has made and detailed the extraordinary claim that Tesla vehicles will defy the laws of the automotive market by becoming more valuable after customers purchase them. Musk's prediction is based on two assumptions: Tesla vehicles will be able to drive themselves by the end of 2019, and customers will be able to make money from their vehicles by including them in an autonomous ride-hailing service.  If Musk is right, Tesla would have to be the only automaker with self-driving...
Tags: Google, Elon Musk, China, US, Trends, General Motors, Tesla, Mit, Cruise, Gm, AAA, Musk, Carnegie Mellon, Times Square, Tesla CEO Elon Musk, Kelley Blue

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Monday. Apple is reportedly cracking down on popular apps that help customers curtail their screen-time usage. The push roughly coincides with the tech giant's stated commitment to helping customers and parents limit their technology usage through its own Screen Time feature. Senior Apple executive Phil Schiller told a user in a lengthy email that the reason Apple had cracked down on the apps was because they had too much control over...
Tags: Apple, Google, Facebook, Elon Musk, Instagram, San Francisco, Trends, Tesla, Intel, Fbi, Harvard, New Zealand, SEC, Google Maps, Baltimore, Wall Street Journal

Week-in-Review: Tesla’s losses and Elon Musk’s new promises

What a complicated week for Tesla. The electric car-maker announced this week that it had lost more than $700 million in the first quarter of 2019, an unpleasant surprise for investors that came during its quarterly earnings report. But that was just like the 3rd or 4th most interesting piece of Tesla news that took place this week. CEO Elon Musk also avoided writing another check to the SEC for his tweeting habit and Tesla showcased some of its self-driving dreams at an event devoted to autonom...
Tags: Amazon, TC, Facebook, Mark Zuckerberg, Elon Musk, Time Warner, Disney, US, Samsung, Tech, CMO, Tesla, Comcast, SEC, Hulu, Huawei

Elon Musk, SEC agree to guidelines on Twitter use

Tesla,  Elon Musk and the U.S. Securities and Exchange Commission reached an agreement Friday that will give the CEO freedom to use Twitter —within certain limitations — without fear of being held in contempt for violating an earlier court order. Musk can tweet as he wishes except when it’s about certain events or financial milestones. In those cases, Musk must seek pre-approval from a securities lawyer, according to the agreement filed with Manhattan federal court. U.S. District Judge Alison Na...
Tags: TC, Transportation, Elon Musk, Tech, Tesla, Automotive, Manhattan, SEC, Judge, Hyperloop, Tesla Model S, Musk, U.S. Securities and Exchange Commission, Nathan, Tesla Elon Musk, Alison Nathan

Elon Musk Makes Deal With SEC Not To Discuss Tesla's Finances Without a Lawyer's Approval

Two months after the SEC asked a federal judge to hold Tesla CEO Elon Musk in contempt for breaking terms of a settlement agreement with a tweet, the two have reportedly reached an agreement. Under the terms of the agreement, which still needs to be approved by a judge, Musk agreed not to tweet or otherwise disseminate information about Tesla's finances, production numbers or certain other information without a lawyer's approval. CNBC reports: The late Friday agreement [...] lays out exactly wha...
Tags: Tech, Tesla, SEC, Cnbc, Musk, Tesla CEO Elon Musk, Dan Ives, Wedbush Securities Read

Tesla to open up Model 3 orders in UK

Tesla is poised to open up orders for the Model 3 in the U.K. by early May, as well as other markets that have right-hand drive vehicles, according to a tweet from CEO Elon Musk. The Model 3 order page will go live May 1 or 2 in the U.K., followed by Japan, Australia, New Zealand and Hong Kong. Tesla’s U.K. web page says “deliveries in right-hand drive markets will begin in the second half of 2019.” The first Model 3 vehicles were handed over to U.S. customers beginning in July 2017 at a spla...
Tags: Transportation, Elon Musk, UK, Tech, Tesla, Automotive, Electric Vehicles, Musk, Model 3, Fremont Calif, Japan Australia New Zealand, Hong Kong Tesla

Elon Musk on taking Tesla private: ‘That ship has sailed’

Elon Musk would prefer if Tesla, which is known for its volatile share price and is among the most heavily shorted stock, were a private company, but acknowledged during an earnings call Wednesday that it wasn’t likely. Musk can dream, can’t he? “Unfortunately that ship had sailed,” Musk said flatly, in response to a question from Morgan Stanley analyst Adam Jonas. Musk said Tesla as a public company was a distraction at times and then added, “I’m not sure what to do about it.” The questio...
Tags: Transportation, Spacex, Elon Musk, Tech, Tesla, Walgreens, Automotive, Electric Vehicles, Larry Ellison, SEC, Morgan Stanley, Cto, Musk, U.S. Securities and Exchange Commission, FactSet, Adam Jonas Musk

Despite declines for the quarter, Tesla is bullish on its overall energy business

Even as its solar business declined in step with its overall earnings, Tesla is bullish on the prospects for the energy side of its business over the course of the year. The energy business is an unheralded part of Tesla — overshadowed by its headline grabbing (and much larger) auto exploits — that chief executive Elon Musk thinks will generate an increasing share of revenue for the company over time. Tesla reports $702 million loss in first quarter Revenues from its solar power and ...
Tags: Energy, TC, Elon Musk, Articles, Tech, Renewable Energy, Tesla, Solar Energy, Solar Power, Energy Storage, Analyst, Musk, Gigafactory, Zachary Kirkhorn

Tesla plans to launch an insurance product ‘in about a month’

Tesla is developing an insurance product, which could be launched in about a month, CEO Elon Musk said during a call with analysts Wednesday following its first-quarter earnings report. “It will be much more compelling than anything else out there,” he said. Musk didn’t provide further details on what the insurance product might look like, but it will most certainly place value on its Autopilot system, an advanced driver assistance system that is considered one of the most robust and at times, m...
Tags: Transportation, Elon Musk, Tech, Tesla, Automotive, Musk, Autopilot Tesla

Tesla reports $702 million loss in first quarter

Tesla reported Wednesday wider-than-expected loss of $702 million, or $4.10 a share, in the first quarter after disappointing delivery numbers, costs and pricing adjustments to its vehicles threw the automaker off of its profitability track. The loss included $188 million of non-recurring charges. When adjusted for one-time losses, Tesla lost $494 million, or $2.90 a share, compared with a loss of $3.35 a share a year ago. Tesla reported that it also incurred $67 million due to a combination ...
Tags: Transportation, Elon Musk, Tech, Tesla, Automotive, Electric Vehicles, Epa, Model S, Model X, Musk, Model 3, FactSet, Zachary Kirkhorn

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