SpaceX Starship at 0.1% cost per launch of NASA’s $2 Million
Elon Musk, SpaceX CEO, recently claimed that the company’s Starship rockets can be sent into orbit at 1% of NASA’s cost. He was talking …
Tesla shares drop as Musk announces CFO change after earnings call
Tesla’s long-term chief financial officer Deepak Ahuja is retiring from the company after 11 years of solid service. This was made known on Wednesday …
Tesla Gets Regulatory Approval for ‘Remote Control’ Feature
Tesla CEO Elon Musk has announced a new update coming in 6 weeks that will enable Tesla owners to remotely control their car through …
Telsa Model 3 Cleared For Deliveries in Europe
Tesla Inc. has finally received clearance to begin Tesla Model 3 sales in Europe. The electric auto company has cleared the ultimate hurdle and …
SpaceX will lay off 10% of its workforce to be “a learner company”
SpaceX will lay off 10 percent of its 6,000-workforce in pursuit of becoming “leaner,” the company announced on Friday. Even with SpaceX’s increasing its …
Elon Musk’s Boring Company Unveils Its First Tunnel in Los Angeles
The Boring Company CEO Elon Musk on Tuesday night unveiled his vision of an underground transit venture tipped to alleviate traffics and revolutionize how …
Elon Musk renames SpaceX’s Big Falcon Rocket to ‘Starship’ for interplanetary trip
Elon Musk has changed the name of SpaceX’s future massive rocket, the Big Falcon Rocket (BFR) to Starship. Tweeting from his personal Twitter account, …
The Boring Company Breaks Through The First Tunnel
The Boring Company’s Test Tunnel launch in LA is about one month away from now, according to CEO Elon Musk, and it appears the …
Tesla appoints Robyn Denholm as new Chairman to replace Elon Musk
Tesla has named board member Robyn Denholm as the new chair of its board after Elon Musk was forced to step down as the …
Tesla’s profitable Q3 provides roadmap for the next quarter
Tesla Inc. released financial results for what it called “a truly historic third quarter,” with $516 million in pre-tax profits largely driven by an …
Elon Musk’s Boring Company will open the first tunnel for test rides by December
Tesla and SpaceX CEO Elon Musk on Sunday announced that the superfast LA underground “loop” being built by his Boring Company is almost completed. …
Tesla has a Big Cash Problem
We’ve known for a while that Tesla’s financial troubles are growing. Despite hitting Model 3 production milestone of 100,000 vehicles, Tesla owes over $11.5 …
SpaceX is sending Japanese billionaire Yusaku Maezawa to the Moon
SpaceX CEO Elon Musk yesterday announced that Japanese billionaire Yusaku Maezawa, founder of Japan’s leading online clothing retailer Zozotown, will be the first private …
Seven Wise Productivity Lessons from Elon Musk
With all the progress as well as controversies that Tesla and Space X has generated, it is hard not to talk about Elon Musk. …
Elon Musk is working with Goldman Sachs, Silver Lake to take Tesla Private
Tesla Inc. chief executive officer Elon Musk announced on Monday he is working with Silver Lake Partners and Goldman Sachs Group Inc. on the …
Saudi Fund Wants To Invest In Taking Tesla Private
Saudi Arabia’s Public Investment Fund (PIF) is reportedly in talks to be part of the investors that would buyout Tesla from public trading, Bloomberg …
Elon Musk could end up in SEC’s net for routinely blocking followers on Twitter
It would have been illegal for Elon Musk’s tweet to announce crucial market-moving information on Tuesday: he’s “considering taking Tesla private,” but not for …
Elon Musk taking Tesla Private, a big blow to short sellers
A tweet from Tuesday has left everyone in the Wall Street in a frenzy. Tesla CEO Elon Musk said he is considering taking loss-making …
Even with Bigger Than Expected Loss, Tesla Stock Surges
Tesla stock traveled north for more than 9 percent during extended hours of trading on Wednesday. The market behavior is conflicting since Elon Musk’s …
The Boring Company Wins Bid for Chicago’s Airport High-Speed Express Train
Elon Musk’s Boring Company has won the bid for Chicago’s multi-billion dollar high-speed express train to O’Hare International Airport, reports Bloomberg. JLC Infransrcture Fund …
Elon Musk promises to fix Tesla Model 3 braking flaw
Tesla chief executive officer Elon Musk said late on Monday that the Tesla Model 3 braking issue, pointed out by Consumer Reports, can be …