Elon Musk Stories March 9

TSLA: 244.90

Stock Chart

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

TSLA: 273.51

Stock Chart

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

Elon Musk Stories February 14

TSLA: 280.98

Stock Chart

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

TSLA: 280.60

Stock Chart

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

Elon Musk Stories February 12

TSLA: 269.23

Stock Chart

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


Elon Musk Stories February 10

TSLA: 269.23

Stock Chart

As we reported yesterday, there’s a new effort to unionize Tesla’s workforce amid the production expansion for Model 3. In the report, we highlighted the fact that Tesla described the effort, which at first glance is simply a plea from a single Tesla employee, as a “professional union organizing effort”.

Tesla CEO Elon Musk went a step further last night when he claimed that the employee in question has been planted by the United Auto Workers (UAW) – a claim that the union is now denying. expand full story

Elon Musk Stories February 6

TSLA: 257.77

Stock Chart

Yesterday, 97 companies, largely tech industry leaders such as Apple, Google and Intel, filed an amicus brief in the federal court case led by Minnesota and Washington states against the recent executive order banning certain refugees and immigrants from entry into the United States.  Tesla was a notable absence from the list of companies, but today news came that another ~30 companies are joining the amicus brief, including both of Elon Musk’s companies Tesla and SpaceX.

Tesla’s absence from the original list was notable due to Elon Musk’s position on the Presidential Advisory Forum and his recent comments on twitter regarding the immigration order, the Advisory Forum, and the US justice system.

expand full story

Elon Musk Stories February 3

TSLA: 251.33

Stock Chart

A few weeks after announcing his intention to launch a new company to build a boring machine and improve tunneling time, Elon Musk appears to have released the first picture of the machine. It could be the first product from what the CEO has been referring to as “The Boring Company”. expand full story


Elon Musk Stories February 2

TSLA: 251.55

Stock Chart

Earlier today, Uber CEO Travis Kalanick dropped off of US President Donald Trump’s advisory council. The reasons cited were because of immigration reform but Kalanick was also targeted for his previous support for Trump, Uber continuing to serve JFK airport during the recent taxi strike and the subsequent #DeleteUber campaign which caused 200,000 people to flee the service and boosted its competitor Lyft to the top of the app charts.

On Thursday, Mr. Kalanick gave his answer, stepping down from Mr. Trump’s economic advisory council. “There are many ways we will continue to advocate for just change on immigration, but staying on the council was going to get in the way of that,” Mr. Kalanick wrote in an email to employees obtained by The New York Times.

Tesla CEO Elon Musk is also on that economic advisory council which has similarly hurt his reputation among some– I’d wager far fewer– and has also caused some Tesla Model 3 reservation holders to refund their deposits.

expand full story

Submit a Tip


Submitting a tip constitutes permission to publish and syndicate. Please view our tips policy or see all contact options.

Powered by WordPress.com VIP