This week, Tesla announced its 2018 Annual Meeting of Stockholders to be held in June and with it, the company confirmed that shareholders will vote on a few proposals.
Surprisingly, one of those proposals involves replacing Elon Musk as Chairman of the board with an independent director.
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After hats and flamethrowers, Elon Musk’s Boring Company has announced the latest product to finance their infrastructure projects: LEGO-like blocks made out of rocks dug out of the company’s tunnels to build houses and other structures.
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Elon Musk got onboard with the ‘Delete Facebook’ movement amid the Cambridge Analytica scandal and deleted Tesla’s Facebook page, which had millions of followers, as well as SpaceX’s page.
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After a few months of quietly working on their hyperloop project on the East Coast, Elon Musk’s Boring Company has now unveiled the first leg of the project, which is a ‘Loop’ transit system to travel between Washington D.C. and Baltimore in 15 minutes.
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Elon Musk announced last year that his new startup, the Boring Company, would bid on Chicago’s transit project between the airport and downtown with a ‘high-speed loop.’
Now it has been announced that the submission is among the last two contenders for the project, which could soon become the startup’s third infrastructure project.
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Tesla CEO Elon Musk raised the issue of US-China automotive import and export with President Donald Trump today in a series of tweets embedded below.
The conversation is especially interesting amidst Tesla eyeing its own factory in China.
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In just two weeks, Tesla shareholders will vote on Elon Musk’s multi-billion dollar CEO compensation plan proposed by the board of directors a few weeks ago.
Some major Tesla shareholders have now expressed their support for the plan, which bodes well for the final vote.
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Several new electric vehicles have been unveiled in recent weeks and people like to call them ‘Tesla killers’ or say that they are directly aimed at competing with Tesla, which is not entirely false in some cases.
Hyundai certainly thinks so since it apparently went as far as challenging Tesla CEO Elon Musk in billboards seen in Europe.
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A day ahead of the planned demonstration launch of SpaceX’s new Falcon Heavy rocket, CEO Elon Musk released a simulation video of a Tesla Roadster, the demonstration payload, going to Mars.
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Well, it looks like Elon Musk has officially lost it and he is adding ‘arms dealer’ to his long list of occupations. After joking about raising money for his new startup, the Boring Company, through selling hats, Musk said that their next product (before actual tunnels and electric transportation systems) will be flamethrowers.
Now it looks like he actually did it.
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Tesla has quite a strong base of “super customers” who own many of their products and follow the company closely. Matthew Chan is one of them.
After being diagnosed with stage 4 colon cancer last month, his friend Alan Miller set out to give him a Tesla experience of a lifetime and it’s fair to say that Tesla delivered.
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Tesla CEO Elon Musk previously said that he might not remain the automaker’s chief executive after they reach volume production of the Model 3, but those plans have now apparently changed.
The automaker’s board of directors has submitted a new 10-year compensation plan for Musk today and it would see him become the richest man on earth if he reaches all the goals in the plan.
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Tesla CEO Elon Musk went on another one of his Tweetstorms today and albeit a smaller one, we got some new insights into Tesla’s upcoming new updates and features.
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I’m just waking up after last night’s Tesla Semi and next gen Roadster Event and it feels like a dream in a lot of ways. If you would have told me yesterday that there would be an EV that met any of the following specs, I would have said “Vaporware!” Keep in mind these are base specs (!!) and the Founder’s Series car, which will take advantage of technologies gained in the 3 years before production, will somehow be better than:
It’s over. It’s. Just. Over. I’ve said it before but there is no way to dispute it anymore. Electric vehicle engines are superior to internal combustion. Full stop.
For years, Toyota has been betting on hydrogen fuel cell over battery-electric vehicles for its zero-emission vehicle strategy. It put the Japanese automaker behind in the electric transition in the industry.
Now Toyota admits that Tesla CEO Elon Musk, who called hydrogen fuel cell “incredibly dumb”, “is right,” but the company is still heavily investing in the technology.
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As we reported last week, Elon Musk’s Boring Company received a green light from the city of Hawthorne to build a 2-mile long tunnel.
Now the CEO teases Tesla’s all-electric Model S in the tunnel – giving us a glimpse of what his vision of a network of tunnels alleviating traffic in cities could look like.
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Elon Musk’s Boring Company is moving fast and yet, its boring machine is still slower than a snail.
The CEO now says that they already completed the “first segment” of the tunnel they are digging under Los Angeles.
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While Elon Musk’s Boring Company is currently focused on developing its tunnel boring technology in order to improve traffic in Los Angeles, there are apparently other cities interested.
Chicago Mayor Rahm Emanuel revealed today that he has been talking with Musk about partnering with the Boring Company for a high-speed rail under the city.
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While Elon Musk’s project to build networks of tunnels with electric sleds transporting cars and people at high-speed underneath cities is ambitious in itself from a technology standpoint, several naysayers claimed it would be infeasible from a permitting standpoint.
Musk understands the challenge and he went as far as saying that getting “the permits is harder than the technology.”
Nonetheless, he said that he is optimistic about the project after having talked with Los Angeles Mayor Eric Garcetti, who could possibly facilitate such a project.
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Following the recent claims of a higher than average injury rate at Tesla’s Fremont factory, CEO Elon Musk is getting involved personally to encourage workers to report their injury in order to fix the cause.
The CEO even said that he plans to perform the same tasks as Tesla workers getting injured on the factory floor.
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The “startup mentality” at Tesla has been an important part of its early success and a clear contrast with its competitors in the auto industry, but as a company grows, it generally transitions to a more traditional corporate way of operating.
Tesla has shown some resistance against this transition and now CEO Elon Musk says that the company needs to maintain its ‘hardcore’ mentality in order to accomplish its mission.
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President Donald Trump has been talking about pulling the U.S. out of the Paris climate change agreement since the election, but he had yet to formally confirm or initiate the move.
Today, rumors came out that he made the decision of pulling out and that it is now only about how they plan to do so.
Tesla CEO Elon Musk, who is on the President’s Strategic and Policy Forum and manufacturing council, has been advising the President to stay committed to the Paris agreement and he now threatens to quit the councils if the rumors are true.
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Last month, we learned that Elon Musk’s ‘Boring Company’ is not just about digging tunnels, but it will also electrify transport in the process by putting cars and passengers on “electric sleds”.
The company released this week new images of its electric sled concept for passengers that they plan to use in those tunnels.
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Elon Musk agrees with several tech companies working on “flying cars” that transport in cities needs to go 3D in order to support their growing population, but where they want to go up, he wants to go down.
What I love about The Boring Company are the low expectations. Nowhere to go but down.
— Elon Musk (@elonmusk) May 17, 2017
The Tesla and SpaceX CEO updated the website of his new startup, the Boring Company, to answer common questions about what is undoubtedly an ambitious venture.
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