Items tagged with Elon Musk

We think it’s pretty safe to say that SpaceX has pretty much gotten this whole “let’s land a multi-million-dollar rocket back on earth after blasting it into space” thing mastered by now. After some rather spectacular failures and some extremely close calls, SpaceX completed its first successful powered Dragon 9 recovery in late December 2015. Early this morning, the company accomplished its fourth successful Falcon 9 landing in the Atlantic Ocean on the “Of Course I Still Love” drone ship. This was the sixth successful landing overall if you count the two previous landings on solid ground. Of... Read more...
Well folks it's official, SolarCity is joining Tesla after accepting a proposed buyout offer by the latter. Tesla made a formal bid to acquire SolarCity a month ago, and the two companies have now reached an agreement to combine forces, creating what Tesla brags is the world's only vertically integrated sustainable energy company. This is an all-stock transaction with an equity value of $2.6 billion based on the 5-day volume-weighted average price of Tesla shares as of July 29, 2016. As part of the buyout agreement, SolarCity shareholders will receive 0.110 Tesla common shares for each SolarCity... Read more...
Tesla is shifting focus always from being primarily an auto manufacturer to a company that is all about sustainable energy (the company recently dropped the “Motors” from its name). Elon Musk detailed his vision for the company in what he dubs “Master Plan, Part Deux” in a blog posting. Musk’s original master plan was revealed in August 2006, and the company has met all of those goals, which include 1) creating an expensive low-volume car, 2) using the funds from that vehicle to produce a medium volume car at a lower starting price, 3) create a high-volume affordable car for the masses and 4) introduce... Read more...
SpaceX has done it again. Earlier this morning the company achieved a successful launch and landing of its Falcon 9 main stage booster. This is the second time SpaceX has landed its rocket on land and the the fifth booster the company has [successfully] returned from space. The Dragon capsule that sat on top of the Falcon 9 safely made it into Earth orbit at around 1AM ET. NASA astronaut Jeff Williams will use the International Space Station's robotic arm to capture the spacecraft on Wednesday morning. You can check out the launch and landing in the below video (landing happens around the 25 minute... Read more...
When it rains, it pours and right now Elon Musk finds himself in the middle of a storm of bad press. The latest bit of bad news for Mr. Musk is that the Hyperloop One concept he came up with is the center of a lawsuit filed by co-founder Brogan BamBrogan (do names get more hipster than that?) and several former and current employees. Hyperloop One, formerly known as Hyperloop Technologies when it was conceived by Musk, BramBrogan, and Shervin Pishevar in 2014, is an ultra high-speed transportation concept that uses electric propulsion to accelerate people (or cargo) through a tube in a low pressure... Read more...
Tesla Motors could use a bit of positive publicity to offset the recent scrutiny over its autonomous vehicle technology. What better way to do that than to hint at something awesome (and super secret) through social media? Tesla co-founder and product architect Elon Musk attempted to do just that by referencing a "Tesla masterplan" on Twitter."Working on top secret Telsa masterplan, part two. Hoping to publish later this week," Musk tweeted out over the weekend. His tweet elicited a bevy of guesses and humorous responses on Twitter, some of the former being a flying car and an Iron Man suit. As... Read more...
Tesla has had to deal with a tragic car accident, skittish solar investors, and an inability to meet order demands. Now the company is firing back at an article they found to woefully inaccurate. Fortune contacted Tesla over the holiday weekend for comment about a man who died while traveling in his Model S with Autopilot engaged. Tesla claims Fortune made unfair and incorrect assumptions about the incident. Tesla first argued that Fortune first mischaracterized Tesla’ SEC filing. The filing stated, “We may become subject to product liability claims, which could harm our financial condition and... Read more...
Tesla can’t seem to catch a break. On Sunday the company revealed that it had only delivered 14,370 out of the promised 17,000 cars for the second quarter of 2016. Tesla was simply unable to ship out all of the cars in time. The company remarked:Due to the extreme production ramp in Q2 and the high mix of customer-ordered vehicles still on trucks and ships at the end of the quarter, Tesla Q2 deliveries were lower than anticipated...In total, 5,150 customer-ordered vehicles were still in transit at the end of the quarter and will be delivered in early Q3Last quarter, Tesla did not have enough... Read more...
It's been no secret that Tesla's Elon Musk is worried about advanced artificial intelligence getting into the wrong hands. He's even put his money where his mouth is with those concerns, and last year founded OpenAI, an organization with no competitive nature that aims to make sure AI benefits all of mankind. Being that Musk is so worried about AI finding its way into the wrong hands, many have been keen on knowing who or what company he's most concerned about. Well, at Code Conference 2016, he enlightened us. "There's only one."  What could that singular cause for concern be? Unfortunately,... Read more...
When Tesla Motors CEO Elon Musk lifted the veil on the Model 3, customers quickly emptied their wallets to get their place in line to purchase the $35,000 electric vehicle (EV). After all, it’s hard to argue with a sleek-looking [green] vehicle that seats five, can hit 60 mph in under six seconds, can travel over 215 miles on a charge and costs under $30,000 after federal tax incentives are accounted for (even lower in Colorado). But Musk was a bit coy about Supercharging support for the Model 3. Model S and Model X owners have free access to Tesla’s nationwide charging network, and it was initially... Read more...
SpaceX is just making this look way too easy now. Yesterday, the company landed yet another Falcon 9 rocket successfully on its floating “drone ship” in the Atlantic Ocean. This was the third straight “at sea” landing and the fourth overall successful landing for SpaceX (the first occurred on a landing pad at Cape Canaveral back in December). The primary mission of SpaceX’s launch was to deliver the THAICOM 8 commercial satellite into a supersynchronous transfer orbit. The satellite will eventually be “reduced” to a circular geostationary orbit of about 35,800 kilometers. THAICOM 8 weighs approximately... Read more...
We've been hearing about the Hyperloop transport system for quite some time, and for some of us, the wait has been to just see the technology successfully tested. Well, that time has arrived, as a mere three years following the founding of Hyperloop, a test was pulled off without issue in the desert north of Las Vegas. But, while "without issue" is indeed true, the top speed reached isn't anywhere near what Hyperloop could ultimately achieve: about 750KM/h. This test instead capped at 160KM/h (100MPH), which in itself would still be quite fast (versus highway speeds) given the fixed path. Brogan... Read more...
When it comes to electric vehicles, Tesla Motors is always at the forefront of the discussion. There’s Tesla, and then there’s everyone else. Look no further than the $35,000 Model 3, which has racked up over 300,000 reservations despite the fact that the vehicle won’t be available until late 2017 at the earliest. And when it comes to self-driving technology in production vehicles, Tesla’s Autopilot is usually the first to pop into the mind of techies around the globe. With that in mind, Tesla CEO Elon Musk has been talking up the virtues of Autopilot, and its superiority to human drivers in dealing... Read more...
After unveiling its entry-level Model 3 EV over a week ago, Tesla Motors is set to deliver some more goodies for its existing product portfolio this week. The popular and incredibly expensive Model S will reportedly crib a feature found in its larger Model X sibling: the Bioweapon Defense Mode. The Bioweapon Defense Mode is activated using a button on the dashboard, creates positive pressure within the cabin and relies on a massive HEPA filter (10 times larger than those found in typical vehicles) to fend off any unwanted, harmful particles. During the Model X unveil in September, Tesla CEO Elon... Read more...
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