Elon Musk Stories April 27

Update: Musk has since revealed his vision for The Boring Company in more details: Elon Musk unveils concept behind ‘The Boring Company’ featuring Tesla vehicles speeding through tunnels on mobile platforms

With the recent launch of Elon Musk’s latest company, Neuralink, we almost forgot that the CEO of both Tesla and SpaceX also recently launched yet another startup: the Boring Company.

The company aims to make important advancements in the cost and speed of digging tunnels in order to solve transportation problems in cities. The startup recently took delivery of its first giant boring machine. expand full story

Elon Musk Stories April 26

Elon Musk wanted Tesla to create a sense of urgency for other automakers to move faster on electric vehicles and accelerate the overall transition to sustainable transport. It helped for some, but others still don’t take Tesla or EVs seriously.

It’s certainly not the case for BMW anymore since the company is now saying that it was under “an electric assault” in reference to Tesla and other automakers working on electric vehicles. The German automaker seems now more inclined to move into the electric vehicle space. expand full story

Elon Musk Stories April 18

Tesla has been under attacked before from people and organizations linked to the fossil fuel industry. For example, when an oil executive tried to impersonate CEO Elon Musk to get material information from Tesla or when a group linked to the industry launched the ‘Stop Elon From Failing Again’ campaign

But for a change, we now learn of an activist environmentalist, or at least someone claiming to be, launching a somewhat similar anti-Tesla campaign.  expand full story

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Elon Musk Stories April 14

Update: the article has been updated to reflect the fact that while Musk’s and the Rive brothers’ solar bonds were discharged like everyone else’s, they were transferred to regular bonds under the same terms.

SolarCity launched a Solar Bond Program in 2014. It was presented as an interesting way for people to invest in solar with minimum cost requirements and without having to install panels on their roof. Elon Musk himself, his cousins and SolarCity co-founders Lyndon and Peter Rive, and Musk’s rocket company, SpaceX, ended up being the biggest buyers in the program.

Now we learn that Tesla is discharging most of its solar bonds ahead of the maturity date and paying back all the principal with interests for the life of the bonds – though not for Musk and his cousins. expand full story

Elon Musk Stories March 9

A billboard with an interesting message appeared near Tesla’s Fremont factory last week. Someone anonymously paid for the signage in an attempt to tell Tesla CEO Elon Musk to “Dump Trump”. expand full story

Elon Musk Stories February 22

Tesla’s earnings report for 2016 was released moments ago, with information regarding two, possibly three future gigafactory plants.  Tesla’s current “Gigafactory 1“, which will be the largest factory building in the world by footprint, isn’t even finished yet and Tesla is already looking to finalize the locations of future plants by the end of this year.

This is the first solid announcement of additional gigafactories which Tesla has made.  They’ve referenced the future need for “several” gigafactories before, and talked about choosing a location for Gigafactory 2, but this is the first time, in writing, that they have solidified an actual count of multiple additional gigafactories and a timeframe for these future gigafactories.

expand full story

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Elon Musk Stories February 14

As we reported yesterday, Tesla officially launched in the United Arab Emirates – starting with Dubai. Tesla held an event at the Armani Hotel in the Burj Khalifa tower for the occasion and CEO Elon Musk gave a quick presentation, which you can see in full below. expand full story

Elon Musk Stories February 13

There are a few important milestones associated with the advent of autonomous driving: the first self-driving car being commercially available, all new cars have self-driving capability, and all cars on the road have self-driving capability. There could be years or even decades between those milestones.

At the end of 2017, it will be the deadline for Elon Musk’s most recent prediction for the first one and since he predicted that Tesla will be the first to market, it’s also when the company plans to have its first fully self-driving software build available.

Today, Musk is making a prediction for the second milestone and consequently the last milestone. expand full story

Tesla’s market capitalization keeps reaching new highs since the past few weeks and while most people are concerned about the company starting to be worth more than bigger automakers, like Nissan, it also has other interesting implications.

In the past, Elon Musk has associated his potential departure from his role as CEO with completing the milestones of his CEO stock option compensation plan – especially the production of the Model 3. expand full story

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Elon Musk Stories February 12

As we reported earlier this month, Tesla’s official launch in the United Arab Emirates is coinciding with CEO Elon Musk attending the World Government Summit in Dubai.

We now learn the location of Tesla’s first store in UAE – pictured above – and that the company is already deploying charging infrastructure – both Superchargers and Destination chargers – in the region. expand full story

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