Tag Archives: Elon Musk

SpaceX launches biggest US ‘rideshare’ mission with 64 satellit...

12 December, 2018 10:54 pm 10:54 pm

CALIFORNIA (Reuters) – Elon Musk’s SpaceX launched a Falcon 9 rocket from California  carrying 64 small satellites into low orbit around the Earth, which the company called the largest-ever “rideshare” mission by a US-based rocket. The mission, dubbed SSO-A, also Read More

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Tesla achieves Model 3 production of 1,000 cars per day

12 December, 2018 9:49 am 9:49 am

CALIFORNIA (Reuters) – Tesla Inc met its production target of 1,000 Model 3 cars per day, automotive news website Electrek reported , citing Chief Executive Officer Elon Musk’s email to employees. The car was introduced to the public in early Read More

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Shareholder firm ‘Baillie Gifford’ willing to invest more in T...

10 October, 2018 11:34 am 11:34 am

LONDON (Reuters) – Baillie Gifford & Co, one of the top shareholders of Tesla Inc, has said it would be willing to inject more cash into the electric carmaker, the Times reported on Monday. “If he (Tesla CEO Elon Musk) Read More

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Chinese privately developed rocket fails to reach orbit

10 October, 2018 9:25 am 9:25 am

BEIJING (Reuters) – A privately developed Chinese carrier rocket failed to reach orbit after lifting off from Jiuquan Satellite Launch Center , in a blow to the country’s nascent attempts by private companies to rival Elon Musk’s SpaceX. The three-stage Read More

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Tesla’s Elon Musk says tweet that led to $20 million fine ‘Wort...

10 October, 2018 9:11 am 9:11 am

CALIFORNIA (Reuters) – Tesla Inc Chief Executive Elon Musk said the tweet that cost him and the company $20 million in fines each by the US Securities and Exchange Commision was “Worth It”. The tweet, sent less than an hour Read More

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Tesla shares jump as Musk delivers quarterly profit, cash

10 October, 2018 8:50 am 8:50 am

SAN FRANCISCO (Reuters) – Tesla Inc reported a net profit, positive cash flow and wider-than-expected margins for the latest quarter , delivering on Chief Executive Elon Musk’s promise to turn the electric carmaker profitable as higher production volumes of its Read More

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Tesla secures Shanghai site for $2 billion China Gigafactory

10 October, 2018 9:45 am 9:45 am

BEIJING (Reuters) – Tesla Inc  has signed an agreement with the Shanghai government for an 860,000 square metre plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post. The land agreement Read More

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Tesla makes 7,400 Model 3s so far in October: Electrek

10 October, 2018 9:40 am 9:40 am

CALIFORNIA  (Reuters) – Tesla Inc has produced more than 11,500 cars, including about 7,400 Model 3s, so far this month, automotive news website Electrek reported , citing a source familiar with the matter. Tesla managed to maintain a Model 3 Read More

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Musk to resign as Tesla chairman, remain as CEO in SEC settlement

09 September, 2018 8:41 am 8:41 am

WASHINGTON (Reuters) – Tesla Inc and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company’s chairman but remain as chief executive, under a settlement that caps a tumultuous Read More

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Wall Street flat; Italy budget woes hit Europe, boost dollar

09 September, 2018 9:53 am 9:53 am

NEW YORK (Reuters) – The US dollar rose as the euro fell on deepening worries about an Italian budget with a higher-than-expected deficit target, which also slammed European stocks. Wall Street ended flat, pulling back from early gains after Facebook Read More

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Tesla’s Musk may settle SEC lawsuit but ready for fight

09 September, 2018 9:08 am 9:08 am

NEW YORK (Reuters) – Tesla Inc’s  Elon Musk could settle with US regulators who have sued to remove him from the electric carmaker’s leadership, but he is prepared to fight the securities fraud lawsuit against him in court, sources said  Read More

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Japan fashion guru Maezawa lands first SpaceX moon flight

09 September, 2018 10:33 am 10:33 am

HAWTHORNE (Reuters) – SpaceX, Elon Musk’s space transportation company named its first private passenger on a voyage around the moon as Japanese billionaire Yusaku Maezawa, the founder and chief executive of online fashion retailer Zozo. A former drummer in a Read More

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Tesla to bring most collision repairs in-house: Musk

09 September, 2018 9:26 am 9:26 am

CALIFORNIA (Reuters) – Tesla Inc is bringing most collision repairs in-house, Chief Executive Officer Elon Musk said in a tweet on Sunday, saying owners of the vehicles were experiencing excessive wait times at body shops. “Exciting to see some Tesla Read More

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Musk says Tesla has gone from ‘production hell’ to ‘deliv...

09 September, 2018 9:19 am 9:19 am

CALIFORNIA (Reuters) – Tesla Inc’s Chief Executive Officer Elon Musk acknowledged that the company was facing more logistical problems now than production delays, in response to a customer complaint on delivery delay. “Sorry, we’ve gone from production hell to delivery Read More

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SpaceX signs first private passenger to fly around the moon

09 September, 2018 10:04 am 10:04 am

CALIFORNIA (Reuters) – Elon Musk’s space transportation company SpaceX said it has signed the world’s first private passenger to fly around the moon aboard its BFR launch vehicle. “Find out who’s flying and why on Monday, September 17,” SpaceX said Read More

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