Tesla crosses $100 billion stock market valuation in extended trading

Tesla Inc became the first $100 billion publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall Street’s confidence in an all-electric future. The milestone comes less than a month after Tesla’s stock crossed $420, the infamous price at which Chief Executive Officer Elon Musk had tweeted he would take the[...]

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Mercedes challenges Tesla in Electric Car lineup

Spy photos of the Mercedes-Benz EQS flagship EV were captured this week. The images are a reminder that Daimler is moving step by step toward an entire electric lineup – while the EV world fixates on the glittering Cybertruck. The Mercedes EQS large sedan (and EQC crossover before it) are paving the way to models[...]

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Elon Musk expands into Europe building Giant Factory in Germany

Tesla CEO Elon Musk made it official on Tuesday -- the electric car company plans to build a ‘Gigafactory,’ and engineering and design center in Berlin, Germany. The facility would be Tesla’s fourth, following the first Gigafactory battery plant in Nevada, near Reno; a factory that makes charging equipment and power electronics in Buffalo, New[...]

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New survey shows, Elon Musk is the most inspirational leader in Tech.

Elon Musk has been ranked the most inspirational figure in tech, according to a new survey of global industry professionals. For its annual “Brand Health Report,” tech recruitment site Hired polled more than 3,600 tech workers across the U.S., the U.K., France and Canada using its online platform. The survey was carried out between June[...]

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Elon Musk Challenges the Porsche to an electric car race!

Porsche unveiled its first pure battery electric vehicle, the Taycan, to great fanfare with events in Europe, Asia and North America this week. Tesla CEO Elon Musk was quick to remark on the company’s — and the vehicle’s — shortcomings on Twitter, where he has more than 25 million followers. “In close traffic, poisonous gas[...]

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Elon Musk’s innovation may be unethical!

Imagine being able to walk into a strip-mall and have thousands of microscopically-fine electrodes inserted into your brain, all implanted as quickly and as efficiently as if you were having LASIK eye surgery, and designed to boost your brain from a simple smartphone app. Until this week, this was the stuff of "); background-size: 1px[...]

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The Race to Commercial Space gets Real as Richard Branson takes Virgin Galactic Public!

British billionaire Richard Branson’s space tourism unit Virgin Galactic plans to go public, the Wall Street Journal reported Tuesday. The firm will list its shares as part of a deal with Social Capital Hedosophia Holdings, a special-purpose acquisition company created by venture capitalist Chamath Palihapitiya, the newspaper reported, citing people familiar with the matter. Social[...]

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You won’t believe why Tesla Shares Rise this Week!

Tesla shares surged Tuesday after the electric auto maker said it shattered its previous production and delivery records during the second quarter, soundly beating analysts’ estimates. The company’s stock jumped by about 7% in after-market trading. Tesla also hinted at a strong third quarter, saying it’s entering the period with a backlog of orders. CEO[...]

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Elon Musk Ousted as Tesla Chairman in SEC Settlement; Remains CEO

Elon Musk will give up the role of Tesla Inc. chairman and pay a $20 million penalty to settle fraud charges brought by the U.S. over his claims about taking the company private. Musk will get to keep his job as chief executive officer but must resign as chairman within 45 days and can’t be[...]

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SpaceX Unveils First Private Citizen Passenger for Moon Holiday

SpaceX founder and CEO Elon Musk unveiled Japanese billionaire Yusaku Maezawa as the first private citizen to fly on the "Big Falcon Rocket." Bloomberg's Ed Ludlow reports from the SpaceX headquarters in Hawthorne, California Japanese billionaire Yusaku Maezawa will hitch the first SpaceX ride around the moon and plans to invite as many as eight[...]

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Elon Musk Shares Powerful New Images of SpaceX BFR in Action

SpaceX’s BFR is taking on a new shape. Just days after sharing images of a new Tintin-inspired design for the Mars-bound rocket, CEO Elon Musk has posted more concept art alongsihde details of some additional features. The BFR, expected to complete test firing next year, could send the first humans to Mars as early as[...]

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