FTSE 100 live: London markets to rise on back of strong Microsoft, Alphabet earnings; All eyes on US PCE inflation
Tesla shares fall as it cuts car prices and misses production estimates January 2, 2019 Shares in Tesla have fallen more than 10 per cent as markets opened this afternoon, after the electric vehicle manufacturer said it would be cutting the prices of its cars by $2,000 (£1,586). The carmaker was forced to partially absorb the cost of changes to a US green tax credit for electric vehicles, which almost halved yesterday to [...]
Musk: Tesla superchargers to extend across Europe next year December 27, 2018 Tesla’s supercharger network will extend across Europe next year, the company’s chief executive Elon Musk has said. The charger system, which allows Tesla owners to plug in for 30 minutes for a power boost during their trip, has previously had some black spots in Europe. However, they will now be extended to the rest of [...]
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 [...]
Elon Musk used Monty Python to test the sound in Tesla’s Model 3 December 14, 2018 Tesla billionaire Elon Musk has said he stopped meetings to watch clips from British favourite Monty Python, in order to explain how he wanted the sound to work in the Model 3. During the second half of 2017 as Tesla worked at full capacity to ramp up production of the Model 3 sedan, Wired first [...]
Musk to retire chairman role at Tesla in three years after interview backlash December 12, 2018 Tesla billionaire Elon Musk has said he intends to retire the role of chairman at the electric car manufacturer in three years time, having only stepped down from the role several weeks earlier. Tweeting in the aftermath of his conversation with CBS' 60 Minutes, Musk said: "Chairman is an honorific, not executive role, which means [...]
Elon Musk could learn a thing or two from Sweden about a healthy work-life balance December 7, 2018 Last month, Elon Musk issued another controversial decree from his Twitter parapet. Appealing to potential applicants to his various companies, Musk made the claim that “nobody ever changed the world on 40 hours a week”. When pressed for details on what would constitute an earth-altering amount of weekly work, he recommended “80 sustained, peaking above [...]
Space X rocket delivers Christmas dinner to International Space Station astronauts December 6, 2018 Elon Musk's Space X sent a rocket hurtling towards the International Space Station yesterday to bring astronauts their Christmas dinner in orbit. The rocket brought a turkey, helpings of cranberry sauce, candied yams and a fruitcake to allow the crew to enjoy Christmas as they might have back on Earth. The rocket also carried 40 mice [...]