Friday, March 29

Tag: Elon Musk

This Little Mistake May Force Elon Musk To Change His Phone Number
News

This Little Mistake May Force Elon Musk To Change His Phone Number

Sometimes even tech moguls like Elon Musk make silly mistakes. Elon Musk committed a blunder on December 19 by accidentally revealing his cell phone number on Twitter. He was quick in realizing his mistake but for person who has more than 16 million followers, he was not fast enough. Here's what happened Musk in an attempt to contact John Carmack, the CTO of Facebook-owned Oculus, instead of sending him a private text message, posted a tweet, tagging him. This is what he tweeted: “Do you have a sec to talk? My cell is …” As soon as he tweeted, it went viral on twitter and some of his fans quickly took a snap of it. To the surprise, CNBC even called on that number. Although nobody picked up and the call went to voicemail, but they did hear Musk's voicemail greeting.Check it o...
Steve Wozniak Slams iPhone X Face ID, Said He Was An Early Investor In Bitcoins
Entrepreneurs Talk

Steve Wozniak Slams iPhone X Face ID, Said He Was An Early Investor In Bitcoins

[dropcap]A[/dropcap]pple co-founder Steve Wozniak (aka "Woz") shared his insights about his experience with iPhone X. Talking about Apple's flagship smartphone which was launched on its 10th anniversary, is something Woz said,"..its not what I would want." He also highlighted the point that digital giants like Google and Facebook are raking in massive profits, at the expense of consumers. Wozniak was one of the speakers at the one day conference at Pivot Summit in Geelong, focused on providing insight about emerging tech. Pivot Summit is held annually aiming to bring Australian and international thought leaders to share their views on future of digital. Speaking at the summit, Steve Wozniak shared some of his college memories where he used to type term papers throughout the ni...
SpaceX’s Falcon Heavy Will Take Tesla’s Roadster To Mars
News, Tech

SpaceX’s Falcon Heavy Will Take Tesla’s Roadster To Mars

SpaceX CEO Elon Musk has up the stakes of an already difficult situation by today tweeting that the SpaceX's most powerful reusable rocket Falcon Heavy will launch next month from Apollo 11 pad. It was originally scheduled for November but the time was up for the launch. But, Elon Musk has seemingly confirmed the launch in the month of December.   Falcon Heavy to launch next month from Apollo 11 pad at the Cape. Will have double thrust of next largest rocket. Guaranteed to be exciting, one way or another. — Elon Musk (@elonmusk) December 2, 2017 Not only that, Falcon Heavy will be carrying Elon Musk's Tesla Roadster into the space. Musk first tweeted the idea on Friday evening.   Payload will be my midnight cherry Tesla Roadster playing Space Oddity. Destination...
Elon Musk To Compete To Fund High-Speed Loop In Chicago
News

Elon Musk To Compete To Fund High-Speed Loop In Chicago

Tech entrepreneur Elon Musk said on Tuesday The Boring Company will compete to fund, build and operate a high-speed Loop connecting O‘Hare Airport to downtown Chicago. Musk, the chief executive of electric car maker Tesla Inc and rocket company SpaceX, recently started the Boring Company to build transport tunnels for the system, which he says would be far faster than current high-speed trains and use electromagnetic propulsion. Earlier on Wednesday, Chicago's Mayor Rahm Emanuel asked respondents to present proposals to develop, design, equip, finance, operate and maintain an O'Hare Express operating system through a public-private agreement with Chicago.  “Although cost estimates for the project are not yet known, the RFQ (Request for Qualifications) stipulates that the O‘Hare Expres...
Elon Musk-led SpaceX Raises Another $100M
News

Elon Musk-led SpaceX Raises Another $100M

Elon Musk-led SpaceX has raised $100 million by selling shares, in an extension to a financing round earlier this year that raised up to $350 million, a regulatory filing showed on Monday. SpaceX’s funding round in July had valued the rocket maker at about $21 billion, according to news reports. In May, Space Exploration Technologies Corp launched its first satellite for the U.S. military with its Falcon 9 rocket, breaking a 10-year monopoly held by a partnership of Lockheed Martin and Boeing. The Hawthorne, California-based company also has also outlined plans for a trip to Mars in 2022, to be followed by a manned mission to the red planet by 2024. Besides SpaceX, Musk also leads electric car maker Tesla Inc.    
Tesla’s Unfettered Ambition Will Drain Finances: Analysts
ANALYSIS

Tesla’s Unfettered Ambition Will Drain Finances: Analysts

Tesla Inc may have to ask creditors and shareholders for more capital to fund development of an electric semi truck, a new roadster and accelerated production of a high-volume electric sedan, analysts said on Friday. Musk unveiled one flashy strategy for generating cash during the launch event Thursday for the Semi truck, surprising the audience with a prototype of a new generation of the Tesla Roadster. Musk promised the Roadster will be the fastest production car available. The first 1,000 cars will cost $250,000 each, paid in full upfront, with later models starting at $200,000. Those deposits would put $250 million into Tesla’s cash drawer today for a car that is likely to go into production in 2020. Musk did not offer details about how Tesla would generate additional funds to...
Tesla Unveils Electric Big-Rig Truck In Midst Of Model 3 Factory ‘Hell’
News

Tesla Unveils Electric Big-Rig Truck In Midst Of Model 3 Factory ‘Hell’

[dropcap]T[/dropcap]esla Inc on Thursday unveiled a prototype electric big-rig truck, throwing itself into a new market even as it struggles to roll out an affordable sedan on which the company’s future depends. Chief Executive Elon Musk unveiled the big rig, dubbed the Tesla Semi, by riding the truck into an airport hangar near Los Angeles in front of an invited crowd of what Tesla said were potential truck buyers and Tesla car owners. Musk has described electric trucks as Tesla’s next effort to move the economy away from fossil fuels through projects including electric cars, solar roofs and power storage. Some analysts fear the truck will be an expensive distraction for Tesla, which is burning cash, has never posted an annual profit, and is in self-described “manufacturing hell”...
Tesla Reaffirms Effort To Build Cars In China; Mum On Deal Report
News

Tesla Reaffirms Effort To Build Cars In China; Mum On Deal Report

Electric car maker Tesla Inc reaffirmed on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year, but declined to comment on a report that a deal has been reached. China levies a 25 percent duty on sales of imported vehicles and has not allowed foreign automakers to establish wholly owned factories in the country, the world’s largest auto market. Those are problems for Tesla, which wants to expand its presence in China’s growing electric vehicle market without compromising its independence or intellectual property. China’s government has considered allowing foreign automakers to set up wholly owned factories in free trade zones in part to encourage more production of electric and hybrid vehi...
Tesla Fired Hundreds of Employees in Past Week
USA

Tesla Fired Hundreds of Employees in Past Week

Luxury electric vehicle maker Tesla Inc fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday. The dismissals were a result of a company-wide annual review, Tesla said in an emailed statement, without confirming the number of employees leaving the company. “It’s about 400 people ranging from associates to team leaders to supervisors. We don’t know how high up it went,” said the former employee, who worked on the assembly line and did not want to be identified. Though Tesla cited performance as the reason for the firings, the source told Reuters he was fired in spite of never having been given a bad review. RELATED Tesla To Raise $1.5 Bn Junk Bond To Fund Model 3 Production The Palo Alto, Californ...
Musk’s SpaceX Shrinks Mars Rocket Ship To Cut Costs
USA

Musk’s SpaceX Shrinks Mars Rocket Ship To Cut Costs

To cut costs, Elon Musk’s SpaceX company has shrunk the size of the rocket ship it is developing to go to Mars, aiming to start construction on the first spaceship in the first half of next year, Musk said on Friday. (more…)
After Inspiring An Industry Of Hyperloop Startups, Elon Musk Is Set To Build His Own
News

After Inspiring An Industry Of Hyperloop Startups, Elon Musk Is Set To Build His Own

Elon Musk is now set to make his own Hyperloop after being an inspiration for startups, as per the latest report by Bloomberg.  The Tesla and SpaceX CEO is said to be planning to build the Hyperloop portion of his planned underground tunnel-based Hyperloop network himself, rather than relying on outside partners who are already developing commercial Hyperloop technology. He briefed his research conducted with his team at Space Exploration Technologies Corp that demonstrated the system's viability and offered it as a gift to the startup ecosystem. He revealed this saying that he needs to be "focussed" on SpaceX and Tesla. While the other startups raced to develop their hyperloops, the SpaceX and Tesla CEO's twitter post claiming to have received "verbal government approval" hit as ...