Elon Musk has enjoyed a long career for innovation. His first venture was Zip2 in 1999. It was bought through Compaq in 2001. In 2002 he founded X.com which later became PayPal after 2004. In 2006, he launched Tesla Motors, which went public in 2010. In 2013, he created SpaceX, which is currently developing rockets as well as spacecraft. Elon Musk is a visionary who has established numerous … [Read more...]
One investor claims that Elon M Musk’s reign of Tesla, Twitter and SpaceX CEO could be “entering the final game”
[TAG0][TAG1] Investor Dan Nathan believes that Elon Musk’s time as CEO of the three prominent companies could be coming to an end. Nathan pointed out Musk's debt mountain from his takeover of Twitter, as well the pressures faced by Tesla. Nathan said, "He may be nearing the end of his career as the CEO of all these companies." Investor Dan Nathan believes that … [Read more...]
Ford CEO Jim Farley warns that Tesla’s price cuts may spark an EV war
[TAG0][TAG1] Ford CEO Jim Farley said Tesla's price could spark a price war for electric vehicles. Farley said Tesla’s effort to increase sales is "completely rational" and shouldn't surprise anyone. Tesla has cut the price of their cars multiple times in this year. Ford CEO Jim Farley stated that Tesla's price reductions could spark a price war for … [Read more...]
Cybertruck Delivery is finally Happening
---------------------------------------------------------------------------------------------------------------------------------------By: Oliver HaslamTitle: The Cybertruck Delivery Event Is Finally HappeningSourced From: www.redmondpie.com/the-cybertruck-delivery-event-is-finally-happening/Published Date: Thu, 20 Apr 2023 19:39:40 +0000 … [Read more...]
SpaceX – Why did Elon Musk’s Starship explode? BBC News
Elon Musk has enjoyed many years of experience for innovation. He founded his first company Zip2 in 1999. The company was purchased from Compaq at the end of 2001. In 2002 he founded X.com, which became PayPal at the end of 2004. In 2006, he established Tesla Motors, which went to the public market in 2010. In 2013, he established SpaceX and is currently developing rockets as well as spacecraft. … [Read more...]
Tesla’s most affordable model costs now less than $40.000
[TAG0][TAG1] Tesla's entry level Model 3 sedan costs now $39,990 following the latest price reduction by the company. Elon Musk's carmaker has cut the price several times in this year to boost sales. In March, the average price of a new electric vehicle was $58,940. Teslas have never been cheaper after a series price cuts made by Elon Musk’s automaker in this year. … [Read more...]
Elon Tesla hired an AI researcher who was arrested in domestic violence case
[TAG0][TAG1] Igor Babuschkin, Elon Musk’s new AI researcher, was arrested in March for domestic violence. Musk is said to have hired Babuschkin to create a rival to OpenAI's ChatGPT. Insider reported that Twitter hired Babuschkin as senior director for engineering. Igor Babuschkin was arrested by Palo Alto police in March for what they called a "domestic violence … [Read more...]
Tesla stock falls 8% due to Elon Musk’s price cut, which eats into quarterly profits
[TAG0][TAG1] Tesla shares fell by 8% on Thursday in premarket trade after disappointing earnings. The EV manufacturer met the first-quarter revenue target set by analysts, but reported lower profit margins. Elon Musk slashed prices on Tesla's flagship models in an effort to increase market share. Tesla shares fell in premarket trade on Thursday, after the electric vehicle … [Read more...]
San Jose approved plans for a network of autonomous vehicles that will be available via an app, to transport passengers from its airport to railway station
[TAG0][TAG1] San Jose started soliciting bids for a connection between its airport station and its railway station. It approved a plan on Tuesday from a company called Glydways, which produces autonomous cars that can be ordered via an app. The company will construct elevated pathways that are financed by a public-private partnerships. Bloomberg reported that autonomous cars … [Read more...]
Starship launch: What challenges does Elon Musk’s SpaceX face in order to achieve this? WSJ
Elon Musk has enjoyed a long career for innovation. He founded his first company Zip2 in 1999. It was acquired by Compaq around 2001. In 2002, he established X.com and it was later renamed PayPal in 2004. In 2006, he launched Tesla Motors, which went to the public market in 2010. In 2013, he launched SpaceX and is currently working on rockets and spacecraft. Elon Musk is a visionary who has … [Read more...]
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