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
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, 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
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
The first cars to emerge from Tesla’s new Berlin factory should roll off the production line as early as next month, CEO Elon Musk said at the site of the plant on Saturday, but added that volume production would take much longer to achieve. Musk hopes to get the green light in coming weeks to … Read more
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
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
New Delhi: Meme tokens have been in buzz recently ever since Elon Musk, CEO of Tesla and SpaceX tweeted the photo of his new pet dog, which is the mascot of Shiba Inu. The digital token category has been on a roll for the last few days. The price of Shiba Inu has rallied over … Read more
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
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