Elon Musk’s fall should bring our stratospheric expectations down to earth July 20, 2018 Stop what you’re doing, everyone. Elon Musk – serial entrepreneur, space crusader, and cult figure to climate progressives – has given us the one thing we never expected to see from him: an apology. The Tesla founder had little choice. While the world was celebrating the miraculous rescue of the 12 boys and their football [...]
Tesla boss Elon Musk apologises after cave diver ‘pedo’ comments | City A.M. July 18, 2018 Tesla chief executive Elon Musk has apologised today to the British diver involved in the Thai cave rescue who Musk labelled as a “pedo” on Twitter. Musk had described British diver Vern Unsworth as a “pedo guy” on Twitter after Unsworth had dismissed Musk’s offer of a mini-submarine for the cave rescue as a “PR [...]
A vision of the future: The marriage of AI and Blockchain July 17, 2018 Where is Artificial Intelligence Headed? Artificial Intelligence (AI) can radically improve people’s lives if we nurture its potential. AI enables machines to mimic human traits such as learning and thinking, and is able to do this at a pace and efficacy of which humans will never be capable. We can harness this power to help [...]
Tesla shares sink nearly three per cent after Musk calls British caver ‘pedo guy’ on Twitter | City A.M. July 17, 2018 Tesla shares closed nearly three per cent down yesterday after boss Elon Musk sent a derogatory tweet about one of the British cave divers involved with the rescue of a football team in Thailand. Shares fell up to 3.5 per after Musk wrote a tweet, which has since been deleted, calling British caver Vernon Unsworth [...]
Tesla boss Elon Musk could face legal action after Thai cave rescuer ‘pedo’ comments July 16, 2018 Tesla chief executive Elon Musk could face legal action after suggesting on Twitter that one of the divers in the Thai cave rescue was a paedophile. Musk, who had provided a mini-submarine to help with the rescue, attacked British diver Vern Unsworth after he described Musk’s contribution as a “PR stunt”. Musk hit back on Twitter, claiming [...]
Tesla is building a plant in China that can make 500,000 vehicles a year July 10, 2018 Tesla has reached a preliminary deal with the Chinese government to build its next gigafactory in Shanghai, with a plant that can make 500,000 cars a year. The Shanghai government confirmed the deal in a statement this morning, after reports surfaced earlier today surrounding Tesla chief executive Elon Musk’s visit to the city. Bloomberg added [...]
Britain should be proud to be a nation of immigrant entrepreneurs July 9, 2018 Britain isn’t a nation of shopkeepers. We’re a nation of entrepreneurs and wannabe entrepreneurs, and a magnet for entrepreneurial talent from around the world, as revealed by the latest Global Entrepreneurship Monitor (GEM) – the world’s most authoritative comparative study of entrepreneurial activity. The findings from Aston University in partnership with NatWest reveal that 8.7 [...]
Elon Musk offers to help rescue operation for Thai boys and football coach July 7, 2018 Billionaire Tesla boss Elon Musk said today that there has been some "good feedback" from cave experts following his offer to send engineers to Thailand in a bid to help rescue 12 boys and their football coach from a flooded cave. Musk tweeted this morning: "Some good feedback from cave experts in Thailand. Iterating with [...]
Last Week in the City: Trade wars begin July 6, 2018 Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (2 to 6 July 2018). The World Cup is “distracting” for participants in global markets, according to Citigroup. "We find that football is indeed distracting, subtly impacting market depth, traded volumes and execution cost,” the US [...]
Testing Tesla: The EV company is as famous for the behaviour of its boss as it is for its silent motors; but what are they like to drive? July 5, 2018 If the scent of lavender and the feel of Lycra on clammy flesh are your kind of thing, you won’t find anywhere better than cycling mecca La Coquillade. Set in the hills of the Petit Luberon, a rosé-growing idyll between Avignon and Aix-en-Provence, this hotel has been created by a Tour de France team owner [...]