BERLIN—Tesla hopes to make the first cars at its “Gigafactory” in Gruenheide, near Berlin, in October or soon afterwards, Chief Executive Elon Musk said on Friday. Tesla has pushed back the expected opening of the gigafactory to late 2021, blaming German bureaucratic hurdles. The plant has also faced local public resistance due to environmental concerns….
Tesla Cybertruck Production Delayed Until Next Year
By Entrepreneur Staff Production on Tesla’s Cybertruck has been delayed until 2022, according to a brief update on the company’s website. Interested customers who click “Order Now” on the landing page for the company’s first electric pickup see this message under “Due Today”: “You will be able to complete your configuration as production nears in 2022.” Tesla…
Steve Jobs Biography Author to Write Elon Musk Story
By Entrepreneur Staff Walter Isaacson, the American author who wrote the bestselling biography of Apple co-founder Steve Jobs, will work on the life story of Tesla and SpaceX president Elon Musk. “If you’re curious about Tesla, SpaceX, and my general goings on, @WalterIsaacson is writing a biography,” Musk tweeted Wednesday night. Related: The 7 Leadership Lessons of Steve Jobs On social media, Musk noted…
Bezos Loses Appeal of NASA’s Plans to Use Musk Moon Lander
The federal government Friday rejected an appeal by billionaire Jeff Bezos’ Blue Origin to get in on NASA’s plans to return astronauts to the moon by using rival Elon Musk’s SpaceX. NASA in April awarded the $2.9 billion contract for a lunar lander to the more established SpaceX, which also offered a cheaper price than the bids…
Bezos Offers NASA $2 Billion in Exchange for Moon Mission Contract
SEATTLE—Fresh off his trip to space, billionaire businessman Jeff Bezos on Monday offered to cover up to $2 billion in NASA costs if the U.S. space agency awards his company Blue Origin a contract to make a spacecraft designed to land astronauts back on the moon. NASA in April awarded rival billionaire entrepreneur Elon Musk’s…
Musk Defends Tesla’s $2.6 Billion Deal for SolarCity
WILMINGTON, Del.—Elon Musk insisted in court that Tesla Inc’s board controls the company but also said the electric vehicle maker would “die” if he wasn’t the chief executive, as he ended his first day of testimony on Monday in defense of Tesla’s 2016 acquisition of SolarCity. The lawsuit by union pension funds and asset managers…
Tesla Second-Quarter Deliveries Meet Analysts’ Estimates as Chip Shortage Weighs
Tesla Inc on Friday posted record vehicle deliveries for the second quarter that were in line with Wall Street estimates as the electric-car maker coped with a shortage of chips and relied on sales of its cheaper models. Tesla weathered the global supply crisis better than legacy automakers, but CEO Elon Musk has warned of…
Elon Musk Frustrated With ‘Broken’ Regulations After SpaceX Launch Is Interrupted
Article by Euni Han With just seconds left until takeoff on Tuesday, SpaceX’s launch was halted after an aircraft flew into launch range, according to CNBC. Founder Elon Musk voiced his frustrations on Twitter about the rules around rocket launching. “An aircraft entered the ‘keep out zone’, which is unreasonably gigantic. There is simply no…
Musk Says Tesla Will Accept Bitcoins When Miners Use More Clean Energy
Tesla CEO Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” he said in a tweet. Bitcoin rose 5.1 percent…
Musk Says Tesla Cancels the Longest-Range Model S Plaid+
Production for Tesla Inc’s longest-range Model S Plaid+ is canceled, CEO Elon Musk said in a tweet on Sunday. “Plaid+ is canceled. No need, as Plaid is just so good.” Musk tweeted. Model S Plaid+, which would have been Tesla’s highest-end model with a driving range of 520 miles, was unveiled at a battery event last…
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