Elon Musk joins VW executive conference as ‘surprise guest’

Elon Musk made a surprise appearance at a Volkswagen AG conference, addressing 200 executives of one of his biggest competitors about the German company’s pivot to electric vehicles, his management style, and supply chain and production issues. In a rare move by a corporate titan addressing a competitor, Tesla Inc.’s chief executive officer spoke in … Read more

Branson is trailing Bezos in space tourism, while Musk’s SpaceX competes in a league of its own

Richard Branson, Jeff Bezos, Elon Musk Joe Skipper | Reuters; Joe Raedle | Getty Images; Paul Hennessy | SOPA Images | Getty Images 2021 has been a whirlwind for private space tourism, with this week especially crucial for the ventures founded by Jeff Bezos and Sir Richard Branson. While Bezos’ Blue Origin took a step … Read more

Elon Musk says Starlink will provide faster internet speeds on airlines

Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. year. Patrick Pleul | picture alliance | picture alliance | Getty Images Elon Musk on Thursday touted SpaceX’s plan to use Starlink for in-flight Wi-Fi, emphasizing that his company is in discussions with airlines to add the high-speed satellite … Read more

Tesla took 12 years to build 100,000 cars. China’s Xpeng and Nio took about half that time

Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology. Arjun Kharpal | CNBC BEIJING — China’s electric car companies are racing to ramp up production, faster than Tesla did in its early days. U.S.-listed start-up Xpeng … Read more

5 things to know before the stock market opens Friday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures, bond yields higher ahead of employment report Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021. Brendan McDermid | Reuters U.S. stock futures advanced slightly … Read more

Space Race 2.0: Russia trumps the US again, shoots feature film in orbit

The project is backed by Roscosmos, the Russian space agency, the state-run Channel One and the Yellow, Black and White studio. (Roscosmos via AP) A new space race is upon us and, like 60 years ago, the Russians have once again one-upped bitter rivals the United States. The Soviet Union became the first nation state … Read more

Tesla delivered 241,300 vehicles in the third quarter, topping expectations

The logo of Tesla seen at one of its showroom. Tesla announced its Q1 2021 earnings today. Toby Scott | LightRocket | Getty Images Tesla delivered 241,300 electric vehicles during the third quarter of 2021, the company reported Saturday. The quarter’s deliveries topped expectations. Analysts predicted that Tesla would deliver around 220,900 electric cars during this … Read more

Turmoil at Bezos’ Blue Origin: Talent exodus came after CEO’s push for full return to the office

Billionaire American businessman Jeff Bezos walks with Blue Origin’s President and CEO Bob Smith after Bezos flew on the company’s inaugural flight to the edge of space, in the nearby town of Van Horn, Texas, U.S. July 20, 2021. Joe Skipper | Reuters Jeff Bezos’ Blue Origin is suffering from an elevated turnover rate, CNBC … Read more