CEO Elon Musk reveals plan to slash Tesla headcount as electric car firm targets “tiny profit” January 18, 2019 Tesla is set to cut its workforce by around seven per cent, sending shares down in pre-market trading. Chief executive Elon Musk told staff that the company has "no choice" but to reduce its full-time employee headcount after growing unsustainably large. Read more: US billionaire reveals significant stake in Tesla Musk also blamed squeezing margins at [...]
Elon Musk company SpaceX to cut 10 per cent of staff January 12, 2019 Elon Musk’s company SpaceX will cut around 10 per cent of its 6,000 staff, it revealed on Friday. The company announced it would be parting ways with around 600 people due to the “extraordinarily difficult challenges ahead”. “To continue delivering for our customers and to succeed in developing interplanetary spacecraft and a global space-based Internet, [...]
Elon Musk says the next Tesla Roadster will be a flying car January 10, 2019 Billionaire entrepreneur Elon Musk is about to combine the efforts from his two biggest companies to tackle one of technology's greatest challenges: building a flying car. The Tesla chief executive said on Twitter late last night that the firm's next Roadster vehicle will be able to hold itself in mid-air, as well as travel both vertically and [...]
Japanese billionaire businessman takes crown for most retweeted tweet January 7, 2019 A Japanese fashion billionaire has taken the crown for the most retweeted tweet of all time after receiving 4.5m retweets for a message he posted on the micro-blogging site on 5 January. Yusaku Maezawa, who founded Japanese online clothing retailer Zozo, also received 1.1m likes for his tweet and 293,000 comments. ZOZOTOWN新春セールが史上最速で取扱高100億円を先ほど突破！！日頃の感謝を込め、僕個人から100名様に100万円【総額1億円のお年玉】を現金でプレゼントします。応募方法は、僕をフォローいただいた上、このツイートをRTするだけ。受付は1/7まで。当選者には僕から直接DMします！ #月に行くならお年玉 pic.twitter.com/cKQfPPbOI3 — [...]
China successfully lands space probe on the dark side of the moon January 3, 2019 The China National Space Administration (CNSA) has successfully landed a lunar probe on the far side of the moon, transmitting the hidden half's first ever up-close image. The moon is tidally locked to Earth and rotates at the same rate as it orbits our planet, meaning we never see most of the so-called dark side. While [...]
Musk’s Space X finally launches first US national security space mission December 23, 2018 A Space X Falcon 9 rocket successfully launched in the US this afternoon, after four successive failed attempts to carry out the company's first national security space mission. The rocket, which was carrying a satellite worth roughly $500m (£393.7m) built by Lockheed Martin, blasted off from Florida just before 2pm GMT. The satellite's launch was initially planned [...]
Billionaire Elon Musk to attempt fresh Space X rocket launch in US national security mission December 20, 2018 Space X chief Elon Musk's Falcon 9 rocket is scheduled to attempt to launch again this afternoon, after two previously-scheduled launches this week were cancelled due to last-minute technical issues. The rocket is set to carry a satellite worth roughly $500m (£393.7m) built by Lockheed Martin up to space, taking off from Florida at around 2pm GMT. [...]
Elon Musk unveils the first high-speed Boring hyperloop tunnel in California December 19, 2018 Entrepreneur and Tesla chief Elon Musk has lifted the curtain on the first tunnel completed by his underground high-speed rail venture the Boring Company. In a 30-minute presentation, Musk described the 1.14 mile tunnel as a breakthrough in counteracting the "soul-destroying" traffic of Los Angeles, California. Despite previously suggesting the public would be offered free [...]
Bumper rocket launch day blown off track as Elon Musk’s Space X and Jeff Bezos’ Blue Origin launches postponed until tomorrow December 18, 2018 Tuesday was set to be a day which had rocket enthusiasts glued to their screens, with four commercial space missions planned for launches in the United States – but three have been postponed until tomorrow because of strong winds. The rockets include one made by Elon Musk’s Space X and another by Jeff Bezos’ Blue Origin, but both have now [...]
Richard Branson’s Virgin Galactic tourist spaceship successfully touches the edge of the world in today’s test flight December 13, 2018 Rocket man and Virgin billionaire Richard Branson's commercial space programme successfully reached the edge of the world's atmosphere for the first time in its fourth test flight across the US today. The Virgin Galactic Spaceship Two rocket, which was carried up to a height of above 12,000 metres by a specially-designed plane before igniting its motors, reached [...]