Tesla shares jump on increased revenue as losses widen February 10, 2016 Tesla Motors reported revenue of $1.2bn (£825m) for the three months to 31 December 2015, up from $956m in the same period of 2014. The electric car company's results fell short of analysts' expectations of $1.85bn in revenue. Meanwhile, losses for the quarter widened to $320m from $108m. Shares in the company were up by over four [...]
Elon Musk’s “next great idea” is to develop a vertical takeoff and landing electric plane after Tesla, SpaceX and Hyperloop February 5, 2016 Elon Musk has new big plans: After out-there projects like SpaceX’s reusable rocket and Hyperloop, the billionaire tech titan wants to turn his attention to electric aeroplanes. The technology is basically non-existent commercially today, but that could all be about to change. Speaking at a Hyperloop event in Texas, the Tesla and SpaceX entrepreneur was [...]
Hyperloop just came another step closer: MIT students win design competition for Elon Musk’s transport pods January 31, 2016 The designers of a new transport system that could carry people hundreds of miles within minutes have been revealed. The competition to build pods for Elon Musk's Hyperloop was won by a team of students from top US technology university MIT. Teams from Delft University of Technology in the Netherlands, University of Wisconsin-Madison, Virginia Tech and University of [...]
Why does Stephen Hawking hate the future? January 31, 2016 When it comes to modern day scientists none have managed to punch through into the collective psyche of our society more than Stephen Hawking. From his incredible ambition to explain the theory of everything through to his brilliant performances (in all senses of the word) on comedy and primetime TV shows, he has become the [...]
Firefighters battle blaze at Tesla factory in Fremont, California January 26, 2016 Firefighters have extinguished a blaze at the Tesla Motors factory in Fremont, California, today. There were no injuries and no damage was done to Tesla's production line as a result of the fire. A spokesperson for the tech company said: "There was a small fire this morning in an air handling unit in the ceiling of [...]
Relax: Artificially intelligent robot Godzilla won’t enslave us all – it’s humans, not technology, we should worry about says Oxford academic January 26, 2016 After stark warnings about the risk of artificial intelligence to the future of humankind from such luminaries as Stephen Hawking and Elon Musk, one academic has countered such arguments Breathe a sigh of relief: a robot Godzilla won't enslave us all, he reassures. Luciano Floridi, professor of philosophy and ethics of information at Oxford, has said [...]
Stephen Hawking and Elon Musk win 2015 Luddite Award for their “alarmist” warnings about artificial intelligence January 20, 2016 Stephen Hawking and Elon Musk have just “won” the 2015 Luddite Award for their warnings about artificial intelligence. A world-renowned physicist and the entrepreneur behind ventures like Tesla and SpaceX, neither of the two are exactly what you might call afraid of technology. But the worries the two have expressed on the future of AI [...]
Elon Musk: Apple car is an “open secret” reveals Tesla entrepreneur as he talks rivals and driverless cars January 12, 2016 Entrepreneur Elon Musk has said it's an open secret that Apple is working on making an electric car which would rival his own company Tesla. Speaking to the BBC in an exclusive interview, Musk said that Apple and another new rival Faraday Future had been hiring Tesla engineers over recent months. "It's pretty hard to [...]
SpaceX won’t be using its reusable rocket again – here’s why December 22, 2015 Early this morning, SpaceX managed to re-land a rocket for the first time ever, paving the way for a new generation of reusable rockets. The Falcon 9 rocket was launched from Cape Carnaveral in Florida, and after shooting up into the sky to deliver a series of commercial satellites to the International Space Station, it [...]
Elon Musk’s SpaceX successfully returns its Falcon 9 rocket after sending it to space in breakthrough for reusable rockets December 22, 2015 Activist billionaire Elon Musk’s SpaceX has sent its Falcon 9 rocket into space and back again – an important breakthrough for reusable rockets in space exploration. The first stage of the Falcon 9 gently touched down at Cape Canaveral 10 minutes after lift-off, to employees’ cheers. This was SpaceX’s first flight since June, when one of its rockets exploded [...]