Posts filtered by tags: Elon Musk `[x]


 

Wall Street analysts tore down 7 competing electric-vehicle batteries — and say Tesla is once again leading the pack

Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai Reuters Tesla's held a comfortable lead on electric-vehicle manufacturing and sales for years, after virtually inventing the industry on its own.  But now it's not the only player in town, and competitors are quickly catching up, according to UBS.  To understand manufacturing costs and technology, analysts at the bank tore down seven battery models used by various competitors. They found Tesla sti...
Tags: Transportation, Elon Musk, News, Trends, Tesla, Electric Vehicles, Shanghai, Ubs, Batteries, Panasonic, Volkswagen, EVs, Allied Market Research, Musk, Ev, Tesla China


5 innovations shaping the future of train travel

What will the future of public transport look like? The major projects being planned today, such as the UK’s HS2 high-speed rail network, aren’t fundamentally different to what’s been built over the last 30 years. Maglev trains are largely confined to niche projects in China. Hyperloop remains an unproven glimmer in Elon Musk and Richard Branson’s eyes. The likes of HS2 can deliver considerable improvements in network capacity but through incremental changes in conventional designs, from tracks ...
Tags: Startups, Elon Musk, UK, Richard Branson, Shift, Syndication, China Hyperloop


Tesla Recalls Almost 30,000 Cars From China, Citing Suspension Issues

Tesla’s issues with faulty production and inconsistent quality extend outside the U.S. market: As first reported by Bloomberg, the automaker is set to recall close to 30,000 of its imported Model S and Model X cars from China, citing problems surrounding the vehicle’s suspension systems.Read more...
Tags: Elon Musk, Science, China, Tesla, Bloomberg, Model S, Model X, Quality Control, Tesla Recalls Almost


Tesla Recalling 30,000 Cars Exported to China, Claims They’re Fine

Tesla is recalling some 30,000 imported Model S and Model X vehicles in China over claimed defects in the suspension. According to China’s State Administration for Market Regulation, cars manufactured between September 2013 and January 2018 suffered from two distinct issues, with some vehicles having both. But, almost as quickly as the story was brought […] The post Tesla Recalling 30,000 Cars Exported to China, Claims They’re Fine appeared first on The Truth About Cars.
Tags: Elon Musk, China, Tesla, Regulators, Recalls, Autos, Tesla Motors, Nhtsa, DPAC, News Blog, State Administration, Tesla Inc, SAMR, Automotive Regulation, Tesla Recalling


Elon Musk's manufacturing obsession could make Tesla into an industry — and make him a 21st century Henry Ford

Elon Musk is preoccupied with machines that build machines. Tesla Tesla just reported its fifth-consecutive profitable quarter, setting itself up for its first-ever full-year profit.  On a call with analysts and investors to discuss the Q3 results, CEO Elon Musk returned to a preoccupation with manufacturing, an area that he believes could be Tesla's greatest achievement. Musk wants Tesla to do things very differently from the rest of the car business, in order to go beyond building cars t...
Tags: Apple, Amazon, Elon Musk, Texas, California, China, Germany, Berlin, US, Trends, General Motors, Tesla, Canada, Ford, Gm, Toyota


Tesla is recalling 30,000 Model S and X cars in China over suspension problems

Johannes Eisele/AFP via Getty Images Tesla is recalling around 30,000 Model S and X vehicles in China, the country's State Administration for Market Regulation said Friday. Tesla issued the recall because of two different suspension defects, but some vehicles may have both, regulators said. The recall impacts the bulk of imported Model S and Model X cars made between September 2013 and January 2018. Visit Business Insider's homepage for more stories. Tesla is recalling around 30,000 vehic...
Tags: Transportation, Elon Musk, China, Cars, Trends, Tesla, Bloomberg, Electric Vehicles, Shanghai, Transport, Electric, Model S, Model X, Jpmorgan, Tesla China, State Administration


Elon Musk Sells the Gene Wilder House to Wilder’s Nephew

Much as he’s done in business, Elon Musk appears to be blazing his own trail when it comes to buying and selling houses. After listing all six of his Bel Air estates earlier this year to much fanfare, the Tesla and SpaceX tycoon is proving the naysayers wrong, slowly but surely unloading each of the […]
Tags: Spacex, Elon Musk, Los Angeles, Tech, Tesla, Moguls, Bel Air, Wilder, Gene Wilder House


Tesla Takes $331 Million in 5th Consecutive Profitable Quarter

Tesla continued to prove itself as the electric automaker par excellence by posting its fifth profitable quarter in a row on Wednesday. The California-based (for now) automaker reported a net income of $331 million and a 39 percent improvement in revenue to $8.8 billion. Of course, a huge amount of that money came via regulatory […] The post Tesla Takes $331 Million in 5th Consecutive Profitable Quarter appeared first on The Truth About Cars.
Tags: Elon Musk, California, Sales, Tesla, Production, Industry, Electric Vehicles, Autos, Earnings, EVs, Tesla Motors, Autopilot, Industry News, News Blog, Tesla Inc, Automotive Sales


After release of Tesla’s ‘Full Self-Driving’ beta, Elon Musk promises roughly $2,000 price hike

In a tweet posted early Thursday morning, Tesla chief executive Elon Musk said that prices for the Full Self-Driving (“FSD”) upgrade to Tesla vehicles would increase by roughly $2,000. It’s potentially an indication that the company is realizing that it needs to find new ways to make up for the rapidly diverging cost of the company’s electric vehicle hardware and the suite of software and services that are the ingredients for much of the secret sauce that make Tesla’s vehicles so popular. Now...
Tags: TC, Elon Musk, Tech, Tesla, Musk, FSD, Tesla FSD


7 ways to set yourself apart as a great entrepreneur, not just a good one

If you want to be one of the top performers in business, adopt these seven strategies. EMS-FORSTER-PRODUCTIONS/Getty Images Martin Zwilling is a startup angel investor and the CEO of Startup Professionals, a business that supports small business owners and founders. He says the top performing entrepreneurs share similar traits, including the drive to discover their personal passions, fearlessness of the unknown, and curiosity.  If you want to achieve a similar level of success, Zwilling re...
Tags: Startups, Elon Musk, Leadership, Entrepreneurship, Entrepreneurs, Trends, Strategy, Management, Bill Gates, Virgin Group, Warren Buffett, Jeff Bezos, EMS, Virgin Atlantic, Nordic, Inc


Tesla stock jumps after record-breaking Q3 earnings, adding $22 billion in market value

Tesla CEO Elon Musk. AP Photo/Jae C. Hong Tesla's strong third-quarter earnings sent its stock price up as much as 5.5% on Thursday.Elon Musk's electric-car maker delivered nearly 140,000 vehicles last quarter, fueling record operating income of $809 million and free cash flow of $1.4 billion.Tesla's bosses are aiming to deliver 500,000 vehicles this year, requiring the company to produce about 181,000 cars this quarter — 29% more than their quarterly record.The automaker's stock price h...
Tags: Elon Musk, Trends, Tesla, Johnson Johnson, JPMorgan Chase, Procter Gamble, Johnson Johnson Procter Gamble, Theron Mohamed, Tesla CEO Elon Musk AP Photo Jae C Hong Tesla


SpaceX is on a stunning streak with Starlink, Elon Musk's plan to bathe Earth in high-speed internet. But the scheme isn't without big snags.

SpaceX founder Elon Musk has called Starlink user terminals, which are designed to connect to the internet via a fleet of orbiting satellites, "UFOs on a stick." Ashish Sharma/SpaceX SpaceX has rocketed 835 Starlink satellites into orbit to build a high-speed internet service. Elon Musk, the company's founder, says Starlink will soon open for a public beta, followed by paid US service shortly thereafter. Early results are promising, with high speeds and low latencies. SpaceX even gave Star...
Tags: Amazon, Spacex, Elon Musk, Fcc, Microsoft, Australia, Washington, Cloud Computing, Azure, US, Trends, Department Of Defense, Spain, Earth, Analysis, Canada


Tesla stock surges after Elon Musk's electric-car company posts record profits

Tesla CEO Elon Musk. AP Photo/Jae C. Hong Tesla's strong third-quarter earnings sent its stock price up as much as 5.5% in pre-market trading on Thursday.Elon Musk's electric-car maker delivered nearly 140,000 vehicles last quarter, fueling record operating income of $809 million and free cash flow of $1.4 billion.Tesla's bosses are aiming to deliver 500,000 vehicles this year, requiring them to produce about 181,000 cars this quarter — 29% more than their previous quarterly record.The a...
Tags: Elon Musk, Trends, Tesla, Johnson Johnson, JPMorgan Chase, Procter Gamble, Johnson Johnson Procter Gamble, Theron Mohamed, Tesla CEO Elon Musk AP Photo Jae C Hong Tesla


Elon Musk said Tesla is about to hike the price of its 'full self-driving' software by $2,000

Joe Skipper/Reuters Tesla is raising the price of its "full self-driving" software by around $2,000, its CEO Elon Musk announced on Thursday. The price of the assisted driving add-on will rise on Monday, October 26, to $10,000.  It follows the limited beta release of the software on Tuesday. Tesla has raised the price of its "full self-driving" feature, which isn't actually fully autonomous, many times in the past, and Musk has said it will eventually cost more than $100,000. Visit Busine...
Tags: Transportation, Electric Vehicle, Elon Musk, US, Trends, Tesla, Electric Car, Driverless Car, Musk, Grace Dean, Full Self Driving, Joe Skipper Reuters Tesla


SpaceX Starlink Dishes With Work in Trains, Cars and Planes

Elon Musk said that all vehicles on Earth are slow for a phased array antenna. This means that the 100 mbps, 30 millisecond latency Starlink will work in trains, cars and planes. Will Starlink dishes... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Tags: Elon Musk, Innovation, StarLink, SpaceX Starlink


This former Tesla CIO just raised $150 million more to pull car dealers into the 21st century

“I have to choose my words carefully,” says Joe Castelino of Stevens Creek Volkswagen in San Jose, California, when asked about the software on which most car dealerships rely for inventory information, to manage marketing, to handle customer relationships and to otherwise help sell cars. Castelino, the dealership’s service director, laughs as he says this. But the joke has apparently been on car dealers, most of whom have largely relied on a few frustratingly antiquated vendors for their dealer...
Tags: Startups, TC, Elon Musk, California, Tech, Tesla, Automotive, Ferrari, SaaS, Venture Capital, San Jose, Volkswagen, Index Ventures, Fiat Chrysler, Advent, Advent International


Tesla is a chain of startups, Elon Musk explains

Today during a call with investors and journalists, Tesla CEO Elon Musk was asked to expand a tweet from yesterday. In it, he stated: “Tesla should really be thought of as roughly a dozen technology startups, many of which have little to no correlation with traditional automotive companies.” Tesla wows on latest numbers In short, he explained there are over a dozen startups in Tesla, and he views every product line and plant as a startup. It’s an interesting point of view from the top o...
Tags: TC, Elon Musk, Tech, Tesla, Musk


Tesla posts its most profitable quarter ever as it blows past analyst estimates

Elon Musk. REUTERS/Joe Skipper Tesla on Wednesday announced its third-quarter financial results.  The electric automaker reported adjusted earnings per share of $0.76 on top of $8.77 billion in revenue.  Wall Street analysts polled by Bloomberg had expected $0.55 per share and $8.2 billion of revenue.  Visit Business Insider's homepage for more stories. Tesla on Wednesday posted its fifth consecutive profitable quarter, putting the electric automaker on track to turn its first-ever annual ...
Tags: Energy, Transportation, Elon Musk, News, Trends, Markets, Tesla, Bloomberg, Electric Vehicles, Shanghai, Volkswagen, Tesla earnings, Tech Insider, Graham Rapier, Elon Musk REUTERS Joe Skipper Tesla, Wednesday Musk




Tesla wows on latest numbers

Tesla’s latest quarterly numbers beat analyst expectations on both revenue and earnings per share, bringing in $8.77 billion in revenues for the third quarter. With the report that Tesla had already beaten Wall Street’s expectations for deliveries earlier this month, the question for today’s earnings call was how much efficiency (and by extension profit) the electric car and battery company was able to wring out of its manufacturing processes. Now we have the answer as Tesla reported profits ...
Tags: Energy, TC, Elon Musk, US, Tech, Tesla, Automotive, Ford, Earnings, Cnbc, Lucid, Gmc, Powerwall, Mustang Mach, Lucid Motors


Tesla Starts Full Self-Driving Beta Rollout

Tesla has started the rollout of its Full Self-Driving Beta update, which Elon Musk said "will be extremely slow and cautious." From the report: We have been expecting the update for a while now. Over the last few months, Elon Musk has been talking about Tesla working on "a significant foundational rewrite in the Tesla Autopilot." He has been teasing the new core change to Autopilot, which should be able to interpret its environment in 4D instead of 2D after the update and should result in a rap...
Tags: Elon Musk, Tech, Tesla, Musk


Tesla reports fifth consecutive quarter of profits

Elon Musk's carmaker reported net income of $331 million on revenue of $8.77 billion in the third quarter.
Tags: Elon Musk, Tesla


Tesla says it's finally releasing 'full self-driving' software after it had to 'rewrite everything'

Tesla CEO Elon Musk. Associated Press Elon Musk said Tuesday that Tesla was releasing a beta version of its long-awaited "full self-driving" software. The billionaire said the rollout would be "extremely slow & cautious" but provided little other information about its functionality.  Tesla's self-driving development has always bucked industry trends, sometimes with disastrous results. Visit Business Insider's homepage for more stories. Tesla has begun releasing a beta version of its long-a...
Tags: Transportation, Elon Musk, California, Cars, Trends, Tesla, Software, Cruise, Self-driving Cars, Lidar, Software Update, Musk, John Krafcik, Autopilot, Waymo, Zoox


Tesla says it's finally releasing 'full self-driving' software after it had to 'rewrite everything' — but no one's sure what it can actually do

Tesla CEO Elon Musk. Associated Press Elon Musk said Tuesday that Tesla was releasing a beta version of its long-awaited "full self-driving" software. The billionaire said the rollout would be "extremely slow & cautious" but provided little other information about its functionality.  Tesla's self-driving development has always bucked industry trends, sometimes with disastrous results. Visit Business Insider's homepage for more stories. Tesla has begun releasing a beta version of its long-a...
Tags: Transportation, Elon Musk, California, Cars, Trends, Tesla, Software, Cruise, Self-driving Cars, Lidar, Software Update, Musk, John Krafcik, Autopilot, Waymo, Zoox


Experts say Tesla's unique data-tracking abilities give it an advantage as Elon Musk looks to build a 'major insurance company' for Tesla owners

Logo of Tesla is seen at a branch office in Bern Reuters Industry analysts say that Tesla may have an advantage in building and scaling its own car insurance company because of its advanced data-tracking abilities in its vehicles. This comes after Tesla's basic insurance, launched only in California in August 2019, faced some technical difficulties in the beginning stages. The ongoing wave of company developments has positioned Tesla in a good spot financially, and Elon Musk could talk mor...
Tags: Transportation, Elon Musk, California, Car Insurance, US, Trends, Markets, Tesla, Bloomberg, Automobile industry, Musk, Bern, Le, GEICO, Hussain, Telematics


Tesla is reporting earnings this week — here's why analysts predict the automaker will close in on its first-ever annual profit

Elon Musk dances outside Tesla's Shanghai Gigafactory. Reuters Tesla reports third-quarter earnings on Wednesday after the markets close. Analysts expect a fifth consecutive profitable quarter for a carmaker that's now the world's most valuable, and that's closing in on its first-ever annual profit. Tesla's China business has helped it to rapidly recover from the coronavirus shutdowns that rocked the auto industry earlier this year. Tesla's new China factory is the cornerstone of its f...
Tags: Transportation, Elon Musk, Texas, China, Germany, US, Trends, General Motors, Tesla, Earth, Analysis, Auto Industry, Shanghai, Earnings, Electric Cars, Matthew DeBord


'Much to be excited about': Here's what 4 analysts are saying about Tesla ahead of its 3rd-quarter earnings report

Reuters Tesla will release its third quarter earnings report after markets close on Wednesday.  The electric vehicle company already announced record third-quarter production numbers and beat expectations for its deliveries in the quarter. Analysts on Wall Street are now focusing on whether Tesla will meet its 2020 delivery target of 500,000, and will be listening for any discussion of this target on the call. Below are what four analysts are saying about the world's most highly valued aut...
Tags: Elon Musk, China, Trends, Markets, Tesla, Levy, Credit Suisse, Goldman Sachs, Musk, Delaney, Wedbush, Ives, Dan Levy, RBC Capital Markets, Wedbush Securities, Tesla earnings


4 ways entrepreneurs can relieve stress and combat anxiety during the pandemic

Slow down, remember what you're grateful for, and focus on your mental and physical health. Westend61/Getty Images Anxiety can be difficult to overcome, especially during times as uncertain and unstable as the pandemic. To help alleviate the stress, take some time to write down a list of things you're grateful for and revisit it when you're feeling overwhelmed. Personal health and wellness are critical for improving mental strength, so make sure you're exercising, meditating, and getti...
Tags: Japan, Elon Musk, Trends, Tony Robbins, Jeff Bezos, Dominican Republic, Harvard Medical School, Jim Rohn, Brendon Burchard, Adrian Shepherd, COVID, Burchard


All eyes are on Tesla to see if it can keep its profit streak alive — here's what to expect from its earnings today

Elon Musk. Lucy Nicholson/Reuters Tesla will report its third-quarter earnings on Wednesday afternoon.  Wall Street analysts expect the company to post revenues of $8.26 billion and a profit of nearly $6 million.  If the company can match those expectations, it will be one of the automaker's biggest quarters yet — and its fifth consecutive profitable period in a row. Still, pressure's on for Elon Musk and the team to reach their lofty goal of selling 500,000 cars this year.  Visit Business...
Tags: Transportation, Europe, Elon Musk, China, US, Trends, Markets, Tesla, Bloomberg, Shanghai, Earnings, Electric Cars, Tesla earnings, Graham Rapier, China Goldman Sachs, CPCA


A huge fake-nude Telegram operation shows the big threat posed by deepfakes is revenge porn, not disinformation

Ruobing Su/Insider A huge network on messaging app Telegram has been providing members with deepfaked nude images of women using a bot, deepfake monitoring firm Sensity said in a report Tuesday. Users sent the bot a picture of a women they wanted to see naked, and the bot used deepfake technology to generate a fake nude image of that woman. Sensity's analysis showed a staggering number of women were targeted by the bot — more than 680,000, including some underage girls. This serves as gri...
Tags: Elon Musk, Instagram, Russia, Trends, Ussr, Privacy International, Jeff Bezos, Telegram, Revenge Porn, US Europe, Tech Insider, Deepfake, Isobel Asher Hamilton, Sensity, Rubong Su, Latin America Sensity