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Following the Tesla Roadster’s electrifying revelation on Thursday, Musk’s highly ambitious goals have skyrocketed when he tweeted about his future plans for the new sports car. Well, kind of.
The now controversial tweet, which was published on the 20th of November hints at the possibilities of enabling the 2nd generation Roadster to “fly short hops”. Does that mean the new Tesla Roadster could actually fly? We don’t know the answer. But according to Tesla’s CEO, the new Roadster’s special option package could take it “to the next level” while explaining how rocket technologies could open up ground-breaking possibilities if applied to a car. While he admitted flying is “certainly possible”, Musk at least is well aware of its threat to safety.
Let’s just say Elon Musk is simply having one of those “it’s not rocket science” episodes where he tends to dream big and doesn’t hold back when he wants the whole world to know all about it. And it doesn’t need a rocket scientist to figure this out either. The “flight” option could only mean that the new Roadster could take off faster than 1.9 seconds or maybe go beyond what the entry level Roadster now has to offer.Read the entire article Elon Musk might use rocket tech on new Tesla Roadster
Last July 3rd, Elon Musk, CEO of Tesla Motors announced on Twitter that the first 30 Tesla Model 3s will be delivered earlier to customers earlier than they have expected. He even added that the first ever model will be ready on Friday, July 7th.
We did not get an update over the weekend whether it was finished or not, but now, the company has confirmed that the first Tesla Model 3 has been built, and is just going through a final checkout.
Unsurprisingly, the new owner of the #0001 is the CEO himself. He did explain that to get the rights to have the first model, you have to be the first person to make a full deposit. He also told the Brad Sams, the guy that asked who the lucky owner of the Model 3 is, that it was Ira Ehrenpreis who had the rights as he was the very first person who paid the full deposit. But Ehrenpreis gave the rights to Musk as his 46th birthday present. The number one Tesla Model 3 is dressed up in a black exterior finish, as seen on Musk’s post.Read the entire article First Tesla Model 3 goes to Elon Musk as a birthday gift
Tesla’s Elon Musk had promised to provide updates about the release of the highly anticipated Model 3. And after several teasers including the ones on his Twitter page, he finally confirmed their arrival. He had announced recently that during a special ceremony on July 28, the first 30 Tesla Model 3s will be delivered to their respective owners.
Luckily for them, the Tesla Model 3 passed the regulatory requirements needed for production earlier than expected - two weeks ahead to be specific. Having said that, the entry-level model will be delivered six months ahead of time too.
Elon Musk posted on Twitter on July 3 that the Model 3 passed the production requirements early. He then added “Expecting to complete SN1 on Friday”. The company seems to be moving quickly with their new entry-level car.Read the entire article Tesla Model 3 deliveries will start on July 28, Musk confirms production is ahead of schedule
Tesla Motors is still shocking the world with its electric vehicles built with performances are at par or even better than their conventionally powered rivals. However, it turned out that Tesla is planning to go beyond electric sedans and SUVs. As Tesla founder and chief executive Elon Musk announced it would soon unveil the carmaker’s first semi-truck and pickup truck.
Through a post in Twitter, Musk revealed that the carmaker is unveiling the new Tesla Semi truck in September this year. He added that Tesla’s development team did an amazing job in creating this new semi truck, which he described as on a “seriously next level.” As far as we know, Musk isn’t joking. Of course, “seriously next level” could mean that it could be entirely different from the semi-trucks we know, thereby possible changing the game according to Tesla’s own definition.
To note, Musk tweeted in 2016 that Tesla’s Jerome Guillen was already test-driving the carmaker’s new semi truck. He also noted that Guillen was responsible for leading Daimler’s most successful semi-truck program. In addition, Musk said during the unveiling of Master Plan Part Deux last summer that Tesla is already in the early stages of development of its new heavy-duty trucks and high passenger-density urban transport. By then, he announced that these units would be ready to be unfurled this year. Now, Musk is staying true to his words and confirmed that Tesla is indeed unveiling a new semi-truck this September.Read the entire article Tesla CEO Elon Musk confirms plans to release new semi and pickup trucks
CEO and Chairman of Tesla Motors, Elon Musk is a very ambitious man, and is known by many as the man who wants to redefine transportation on Earth and in space. He also plans to expand fully autonomous vehicles to the mass market - which indeed are pretty cool ideas. But sometimes, Musk has brilliant ideas that most people don’t agree with.
For instance, earlier this week, he confirmed to the public that he will ditch the head-up display (HUD) for the Tesla Model 3, and it that it will not feature any traditional instrument.
Instead, he feels that all the information the driver needs can be put on a large center display.Read the entire article Tesla CEO confirms plan to scrap Model 3’s head-up display (HUD)
Owners of the Tesla Model S P100D are sure to end the year with a bang as none other than Tesla owner revealed an early Easter Egg to be released in December. Musk initially made the announcement on Twitter though he later said that this will be applicable to all 100D models considering that the Easter Egg is in fact a software optimization.
Through this Easter Egg, owners will be able to experience their electric sedans experiencing acceleration from 0 to 60 mph (0 to 97 km/h) in 2.4 seconds. In addition, it can have the model go from 0 to a quarter of a mile in just 10.6 seconds. Through this optimization, it can result in the Model X P100D going from 0 to 60 mph in merely 2.8 seconds.
According to Electrek, Musk probably means the 8.1 software update being implemented by Tesla. Some of the changes part of the upgrade include allowing owners to control the minimum and the maximum values of the always-on temperature control. This allows occupants to ensure that the interior is within a particular range, even if the vehicle itself is turned off. Electrek added that the main question is in fact how long it would take for people to discover the particular Easter Egg that gives their Model X or Model S that added zip.Read the entire article Elon Musk reveals Easter Egg that allows for very fast sprints on Tesla Model S P100D
Tesla Motors CEO Elon Musk revealed that the company’s 2170 battery cell will not only be the best in the world but also the cheapest there is. This was announced during a conference call conducted with analysts wherein he not only discussed this new battery but also discussed the opportunities it had to offer. The battery was created through a collaboration with Panasonic and will be manufactured at the company’s Gigafactory located in Nevada.
While this claim from Musk may appear bold to some, those who know him would likely say such a statement is no longer a surprise. The fact remains that for many companies, the choice has always been to have a cell that is dense but expensive or offer a less expensive version but with less density. The matter of density is the main issue at hand with CEO Musk clarifying his statement stating that when he said the best cell, in reality he meant a battery cell that had the best energy density.
At present, both the Model S and the Model X from Tesla utilize Panasonic’s 18650 battery cells. Also called as the 18-650, this battery cell is 65 millimeters long with a diameter of 18 millimeters. Should the 2170, or the 21-70, follow a similar trend, then it would likely have a length of 70 millimeters with a diameter measuring 21 millimeters.Read the entire article Tesla announces new battery cell that will have best density at lowest price
During the event held on October 28, 2016, Tesla CEO Elon Musk unveiled his company’s latest offering of two solar roof-top panels. At the Universal Studios in Los Angeles, Musk revealed the Powerpack 2 aimed for businesses. It also introduced the high-capacity Powerwall 2 residential battery pack valued at $5,500.
Even before the unveiling, Musk had long been teasing that the company would be coming out with rooftop panels embedded with photovoltaic cell. In addition to the display of the roof-top panels, the event also explained why it was important for Tesla to acquire Solar City, considering that if the merger does not push through, the actual launch of the tiles would prove to be a problem. Also prior to the event, the company installed non-operational tiles on the homes used for the Desperate Housewives show. The tiles appeared normal and this could be why no seemed to notice. However, this is what the two companies wanted.
Once the event started, CEO Musk also displayed a Tuscan-style house whose garage had a roof composed of glass tiles. A quick look and one would fail to see that it was indeed getting energy from the sun. The same house had the rest of its original tiles and according to Musk, this set-up allows homeowners to choose where to put the solar panels should they want to ensure that their homes would look good as well.Read the entire article Tesla CEO Elon Musk unveils solar roof panels, Powerwall 2 and Powerpack 2
Elon Musk’s Space Exploration Technologies Corp. claims that its Dragon V2 spaceship will be all ready to bring astronauts to the International Space Station within two years. Musk said that the spaceship can carry up to seven people and up to four tons of cargo. He added that the Dragon V2 features legs and re-entry rockets to enable it to land anywhere back on Earth.
Musk said that SpaceX expects the spaceship to transport crew by 2016, a year before NASA needs it. Musk is aiming to have SpaceX’s business with the US go beyond NASA missions, getting a chunk of the $67.6-billion Defense Department budget for satellite launches.
NASA has already retired its space shuttle fleet, rendering Russia’s Soyuz rockets the only way to bring astronauts into space. Musk noted that SpaceX plans to charge less than $20 million per mission into space, much lower the $76 million being charged by Russia.Read the entire article Elon Musk says Dragon V2 spaceship will be operational by 2016
If the United States has Elon Musk, China has its own Lu Guanqiu. Lu is chairman and founder of Wanxiang Group Corp., the company who acquired Fisker Automotive Holdings Inc. at a bankruptcy auction earlier this year. Lu has disclosed to Bloomberg in an exclusive interview that he is planning to build electric cars in the US and eventually in China – a plan similar to what Musk has in mind – even if it causes Wanxiang to burn its cash and collapse financially.
He said that he will invest every cent that Wanxiang earns into making EVs. Musk is currently implementing an ambitious expansion plan for Tesla, which has been reinforcing its workforce to build its hot-selling Model S. Both Musk and Lu are planning to break beyond US borders to market their EVs in pollution-laden China, placing them in a possible collision course.
But who will succeed? Harry Chen, an automotive analyst with Guotai Junan Securities Co. in Shenzhen, China, told Bloomberg that Wanxiang has managed to gain access to technologies that might take it years to develop thanks to its acquisition of Fisker.Read the entire article Wanxiang founder may be on collision course with Tesla’s Elon Musk
Tesla Motors Inc. chief executive Elon Musk is expecting to build cars in China in the next three to four years. Musk said a Geekpark Conference in Beijing that Tesla is building a “big” network of battery-charging stations in China, including superchargers in the capital and Shanghai. Musk is in China to mark the beginning of Model S deliveries in the country.
Musk stated that they consider China as very important to the future of Tesla, adding that the carmaker will make a big investment in the country in terms of charging infrastructure.
By building cars in China, Tesla would be able to sell EVs at lower prices as it could avoid the country’s 25 percent import tariff. Tesla is trying to sell as many vehicles in China as in the United States by as early as 2015.Read the entire article Tesla CEO Elon Musk is expecting China output in next 3 to 4 years
Carlos Ghosn, chief executive of Nissan Motor Co., echoed the same view as that of Tesla CEO Elon Musk that the market would not be ready for fuel cell vehicles before the end of the decade. Ghosn remarked that such vehicles are not yet feasible due to the lack of refueling locations and the required infrastructure.
Nissan is into electric vehicles while Tesla is into plug-in sports car. Ghosn said that Nissan is pushing back plans for hydrogen-powered vehicles since they might encounter the same issues that have pestered electric vehicles.
He said that he is “very curious and interested” to see Nissan’s rivals who say they will be able to mass market fuel cell vehicles in 2015. “Where is the infrastructure? Who's going to build it?” he asked. He may be referring to carmakers like Toyota Motor Corp. and Honda Motor Co., who have announced plans to sell hydrogen-powered vehicles by 2015.Read the entire article Nissan CEO echoes Tesla’s Elon Musk, says market is not ready for fuel cell vehicles
Questions over the safety of the lithium ion battery pack powering the Tesla Model S have surfaced after a fire incident involving one of the sedans. This has prompted Tesla Motors Inc. chief executive Elon Musk to step up and defend the flagship’s safety. A Model S piloted in Kent, Washington, on Oct. 1 hit metal debris on the road.
In a statement, Musk said the object seems to be a "curved section" that fell off a semi-trailer. Tesla said that the sedan’s warning system alerted the driver to pull over and exit the vehicle, after which a fire broke out.
In the statement, Musk said that the “geometry of the object caused a powerful lever action as it went under the car, punching upward and impaling the Model S with a peak force on the order of 25 tons."Read the entire article Elon Musk defends safety of Tesla Model S after fire incident
Tesla Motors Inc. chief executive Elon Musk disclosed Monday plans for a futuristic "Hyperloop" transportation system that will move people between San Francisco and Los Angeles in under half an hour. According to Musk, the Hyperloop system would have an overall cost of less than $6 billion and could be completed between 7 years to 10 years.
The solar-powered Hyperloop system – which Musk previously described as a cross between a Concorde, rail gun and air-hockey table -- could transport 7.4 million people each way annually.
According to the 57-page design plan, the Hyperloop would shoot up to 28 passengers in each enclosed capsule through a low-pressure steel tube at up to 800 miles per hour.Read the entire article Tesla CEO Elon Musk unveils plan for Hyperloop system
Tesla Motors Inc. co-founder and chief executive Elon Musk received $4.3 million in stock-based pay in the second quarter of 2013 for his work on the Model X sports. Musk’ s pay accounted for over 20 percent of the $19.3 million in stock-based compensation Tesla reported in the second quarter. The stock pay was one of three adjustments of over $16 million that the carmaker used to justify a $30.5-million net loss should be considered as a $26.3 million profit.
On the adjusted basis, Tesla posted a second-quarter profit of 20 cents a share, or 5 cents, excluding an adjustment for lease accounting. This surpassed the 20-cents-per-share loss average estimate of 10 analyst surveyed by Bloomberg, and was a primary factor in Thursday’s 14-percent surge of Tesla’s stock. Tesla reported its financial results for the second quarter of 2013 after the market closed on Wednesday.
Kevin Tynan, a Bloomberg Industries auto analyst, remarked that Tesla "is acting a lot more like a technology company than an automaker at this point." Excluding stock-based compensation from net income is more typical in technology companies in the Silicon Valley than in the global auto industry.Read the entire article Elon Musk gets $4.3 million in stock pay for Model X work
New York Times reporter John Broder gave a detailed response to Tesla CEO Elon Musk’s accusation that he faked his report. Tesla allowed Broder to borrow a Model S to test its new "supercharger" network, which consists of rapid charging stations for those who are travelling through the east coast of the U.S. Broder wrote an article seen online and on print that he didn’t achieve anywhere near the range that Tesla had promised.
He also said that the car later had to be towed on a flatbed trailer after it ran out of power. Musk had verbally denied the article’s claims. He then provided detailed charts taken from a data recorder used in the Model S that Broder had borrowed. Musk said that Broder faked his story and that he didn’t fully charge the vehicle and had deliberately exhausted the car's battery.
Broder gave his response via the newspaper's Wheels blog, asserting that he did not "sabotage" the test. He further said that during his trip, he made about 12 calls to Tesla employees (who were named).Read the entire article New York Times reporter John Broder responds to Tesla CEO Elon Musk
Tesla CEO Elon Musk announced on his Twitter page that he is offering to assist Boeing to discover a solution to the battery meltdown issue of the 787 Dreamliner. There were several who were skeptic about his message but he later clarified on Twitter that the offer is real. He said that he has been communicating with Mike Sinnett, the 787's chief engineer. No additional details were given.
Musk has gained a lot of experience at Tesla and SpaceX in cooling lithium-ion battery packs. SpaceX seeks to enable human beings to survive on other planets. Musk sent an email to Reuters, stating that none of his production battery packs have ever had a fire.
He also said that his companies, Tesla and SpaceX, use high-capacity lithium-ion battery packs in its rockets and spacecraft, which experience much heavier loads.Read the entire article Tesla CEO Elon Musk wants to help Boeing to fix the batter on the 787 Dreamliner
It appears that electric automaker Tesla Motors will finally be on its way to becoming profitable. In a message that company CEO Elon Musk posted on Twitter last Monday, it stated that last week, Tesla was “narrowly cash flow positive.” Musk said that the improvement is likely to continue until yearend. Tesla has struggled to make a profit even after it got private funding that amounts to millions of dollars.
It was even granted a $465 million loan by the Department of Energy. Tesla posted a $111 million net loss for the third quarter of 2012. But then, Tesla expects a positive operating margin of around 12% by the end of this year. Tesla posted sales of 2,400 units of the Lotus Elise-based Roadster, the company’s very first car.
Model S was named the 2013 Automobile Of The Year while Motor Trend named it Car Of The Year. But then, sales have not been brisk at all. So far, Tesla has gotten over 13,200 reservations for the Model S but as of November 5, it had only assembled 350 cars and delivered only 250 to paying customers.Read the entire article Tesla is on its way to becoming profitable, CEO Elon Musk says
Elon Musk, the chief executive of Tesla Motors Inc., rejected concerns that that electric automaker is experiencing financial troubles. Musk noted that Tesla was making an advance payment on the US federal loan used to develop and produce its Model S sedan. Last week, Tesla reduced its revenue target for the full year 2012 due to the slower-than-expected rollout of the Model S.
At the same time, Tesla announced that it was raising $150 million through a share offering. Tesla likewise announced last week that it had fully drawn down its $465 million U.S. Department of Energy loan facility, and the loan agreement had been amended to defer the repayment of a fraction of the funds. Tesla agreed to make additional early payments starting 2013 and said it would collaborate with DOE officials to draft an early repayment plan.
Republicans have disparaged the Obama administration for the DOE’s support of new-technology firms, citing the difficulties of electric carmaker Fisker and electric battery maker A123 Systems Inc., and the collapse of solar panel maker Solyndra.Read the entire article Tesla Motors not in financial trouble, CEO Musk affirms
Elon Musk, the founder of Space Exploration Technologies Corp., also known as SpaceX, and co-founder of Tesla Motors Inc., told Bloomberg in a Web chat that he is considering a plan to form a holding company for the shares of his rocket launch and electric car businesses. Musk told Bloomberg that although he is not sure if forming a holding company for his shares is feasible or sensible, he is thinking about it.
In an e-mail to Bloomberg, Musk said that there is still no formal plan yet to create a parent entity for Tesla and SpaceX. He remarked that it “gets unwieldy to have lots of companies” with him as the only connection. Musk has said that his aerospace company, also known as SpaceX, may hold an initial public offering of its shares in 2013.
In May, SpaceX became the first private firm to send a spacecraft to supply the International Space Station. The US government this month awarded the aerospace company a $440 million contract to develop spacecraft for future cargo missions.Read the entire article Elon Musk mulls creating holding firm for his shares in Tesla and SpaceX
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