It’s more than a little nauseating to watch a billionaire whose wealth rocketed during a pandemic being venerated for living modestly Continue reading…
SpaceX to acquire satellite connectivity startup Swarm Technologies
SpaceX will be acquiring satellite connectivity startup Swarm Technologies, the first such deal for the 19-year-old space company headed by Elon Musk. Swarm operates a constellation of 120 sandwich-sized satellites as well as a ground station network. The deal would transfer control of Swarm’s ground and space licenses to SpaceX, in addition to any licenses […]
Walter Isaacson is working on a biography of Elon Musk
Walter Isaacson, the biographer who chronicled the lives of Steve Jobs, Benjamin Franklin and Leonardo da Vinci, is turning his attention to the life and career of Elon Musk. The Tesla CEO announced the project in a tweet Wednesday. If you’re curious about Tesla, SpaceX & my general goings on, @WalterIsaacson is writing a biography […]
Elon Musk calls Apple’s App Store fees ‘a de facto global tax on the Internet’
Elon Musk is siding with Epic Games in the App Store monopoly case, with the Tesla CEO firing off a tweet Friday morning that called Apple’s Store fees “a de facto global tax on the Internet,” also adding that “Epic is right.” Epic Games legal battle with Apple is sure to last years and the […]
US government watchdog rejects Blue Origin’s protest over lunar lander contract
The Government Accountability Office said that it was denying both Blue Origin’s protest and a separate challenge filed by Dynetics.
Drivers for Elon Musk’s Loop get a script about their ‘great leader’
Ask ‘Do you like working for him?’ and you’ll get a response that could have come straight from North Korea: ‘Yup, he’s a great leader! He motivates us to do great work.’
What Tesla’s bet on iron-based batteries means for manufacturers
Elon Musk mused that Tesla’s batteries may eventually be two-thirds iron-based and one-third nickel-based across its products. ‘And this is actually good because there’s plenty of iron in the world.’
Tesla delays Semi truck to 2022; Cybertruck back-burnered for Model Y
Tesla CEO Elon Musk has warned about battery supply constraints before and the effect it might have on the Tesla Semi. That warning was apparently warranted.
Tesla’s solar and energy storage business rakes in $810M, finally exceeds cost of revenue
Small as it is, the division is selling more energy storage and solar. Revenue from this division grew 62% from the previous quarter and more than 116% from the same quarter in 2020.
Tesla’s quarterly profit surpasses $1 billion
Tesla reported Monday an eye-popping $1.14 billion in net income in the second quarter, results that blew past analyst expectations and marked the first time the company’s quarterly profit (on a GAAP basis) has passed the three-comma threshold. The results pushed shares up more than 2.2% in after-hours trading. Tesla was able to beat expectations […]