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Things keep getting worse for Tesla
  + stars: | 2024-04-09 | by ( Grace Kay | ) www.businessinsider.com   time to read: +3 min
Tesla might be facing another difficult quarter, Baird analysts warn. The carmaker reported a drop in its delivery numbers for the first time since 2020 last week. "We think Q1 results will be messy due to several one-time items and continue to believe Q2 estimates are likely still high," Kallo wrote, according to MarketWatch. "We speculate Tesla likely unveils both a robotaxi and a $25k vehicle," Kallo wrote. Tesla's stock dipped more than 5% on the day the delivery numbers were released and it's down more than 29% year to date.
Persons: Tesla, Baird, , Robert W, Ben Kallo, Kallo, Elon Musk's, Musk, Tesla's Organizations: Service, MarketWatch, Bloomberg, Reuters, Tesla Locations: Delaware, Berlin
Elon Musk's having a terrible year
  + stars: | 2024-04-02 | by ( Grace Kay | ) www.businessinsider.com   time to read: +5 min
Read preview2024 has been off to a rough start for Elon Musk. Musk's golden child, Tesla, has been facing headwinds in recent months. In the US, Musk's company is also facing softening demand from customers who appear to be growing increasingly weary of Musk's antics. Thus far, Musk's purchase of Twitter doesn't appear to be going according to plan. A judge recently tossed out a lawsuit Musk's X filed against a research group, saying the suit was an attempt to bully the social media site's critics into silence.
Persons: , Elon Musk, Tesla, Justin Sullivan Wedbush, Dan Ives, Ives, — that's, Oppenheimer, Colin Rusch, Musk, he's, OpenAI, Sam Altman, Kent Nishimura, Musk's X, X, Neuralink Organizations: Service, Elon, Business, EV, Twitter, CNBC, Tesla, Bloomberg, Fidelity, SpaceX Locations: Berlin, BYD
The long-awaited Tesla Roadster return is going to have "some rocket technology." Musk has dangled a return for the Roadster since 2017. AdvertisementThe long-awaited second-generation Tesla Roadster is engineered to go where no car has gone before, CEO Elon Musk said. In a recent interview with ex-CNN anchor Don Lemon, Musk revealed that Tesla is collaborating with SpaceX on the reincarnation of the Roadster, Tesla's iconic electric sports car. Musk wouldn't directly answer questions about whether the Roadster could fly, only saying such a feature is not "out of the question."
Persons: , Elon Musk, Don Lemon, Musk, Tesla Organizations: Tesla, SpaceX, Service, CNN, Business
Read previewSam Altman is warring with Elon Musk. Musk told Lemon he takes a small amount of ketamine "once every other week" and that he uses the drug "when my brain chemistry sometimes goes super negative." Related stories"So from investors' standpoint, if there is something I'm taking, I should keep taking it," Musk told Lemon. The billionaire told Lemon that he thinks people shouldn't make racism "a constant subject" and that they should "move on" from the topic altogether. "You're upsetting me because the way you phrase your questions is not cogent," Musk told Lemon.
Persons: , Sam Altman, Elon Musk, Lex Fridman, Altman, OpenAI's ChatGPT, Elon, Fridman, Don Lemon, Lemon, Musk, Donald Trump, bLRae4DhyO, Brad Stone, Anna Makanju, Stone, " Altman, They're, OpenAI, Musk's Organizations: Service, Google, Business, CNN, Elon, Tesla, OpenAI, Microsoft, Business Insider Locations: Davos, Elon
Elon Musk shed light on his drug use and how frequently he uses ketamine. He said in an interview with Don Lemon that he took a "small amount once every other week." Musk said last year, after a report about his drug use, that he had a prescription for ketamine. Musk said he used ketamine when he had a "negative chemical state" in his brain "like depression," though he added that he didn't believe he had "extended" depression. When Lemon asked if he abused the drug, Musk responded: "I don't think so.
Persons: Elon, Don Lemon, Musk, , Elon Musk, Donald Trump, bLRae4DhyO, who'd, Lemon, Tesla Organizations: Service, Elon, Tesla, Drug Foundation, Street, CNN, SpaceX, Business
"The Don Lemon Show" premiered with an Elon Musk interview on Monday. The Tesla and X owner told Lemon that society blames "a lot of things on racism." During a wide-ranging interview on "The Don Lemon Show" — which included Musk saying he felt upset by some of Lemon's questions — the X owner was asked about his stance on racism. And according to Musk, society blames "a lot of things" on racism, and that's unfair. At one point, in response to questions from Lemon, Musk replied saying, "You are upsetting me, because the way you're phrasing questions, I think, is not cogent."
Persons: Don Lemon, Elon, Lemon, Musk, , Donald Trump, bLRae4DhyO, it'll, Tesla Organizations: Service, Elon, Tesla, CNN, X
Read previewElon Musk's ambitious new promises for the long-awaited Tesla Roadster have raised eyebrows — including the Bugatti CEO's. Last week, Musk announced on X, formerly Twitter, that Tesla had "radically increased the design goals for the new Tesla Roadster." Those numbers, while eye-popping, are feasible, Mate Rimac, the CEO of Bugatti Rimac, said. Previously, the Tesla Roadster was billed as reaching 60 mph in 1.9 seconds, a figure that's still up on Tesla's website. "I think it has a shot at being the most mind-blowing product demo of all time," he added on X.AdvertisementIt's not the first time the Tesla CEO has made big promises.
Persons: , Elon, Musk, Tesla, Rimac, Bugatti Rimac Organizations: Service, Tesla, Bugatti, Business Locations: Croatian
The new Tesla Roadster will be able to go from 0-60 mph in record time, according to Elon Musk. AdvertisementElon Musk's ambitious new promises for the long-awaited Tesla Roadster have raised eyebrows — including Bugatti's CEO's. Last week, Musk announced on X, formerly Twitter, that Tesla had "radically increased the design goals for the new Tesla Roadster." Those numbers, while eye-popping, are technically feasible, according to Mate Rimac, CEO of Bugatti Rimac. AdvertisementIt's not the first time the Tesla CEO has made big promises.
Persons: Elon Musk, Mate Rimac, Nevera, , Elon, Bugatti's CEO's, Musk, Tesla, Rimac Organizations: Tesla, Service, Bugatti Locations: Croatian
Elon Musk says Tesla's revived Roadster has had a design revamp. Elon Musk says the much-delayed Tesla Roadster has had a design overhaul. "Tonight, we radically increased the design goals for the new Tesla Roadster," Musk said. Back in 2018 Musk posted this tweet:SpaceX option package for new Tesla Roadster will include ~10 small rocket thrusters arranged seamlessly around car. The original Tesla Roadster.
Persons: Elon Musk, Musk, … — Elon, Tesla Organizations: SpaceX, Tesla, Tesla Roadster, Business
Six years ago, Elon Musk hyped a next-generation Roadster, the name of Tesla's debut car from 2008. A refreshed version was never produced, but Musk is once again promising a new Roadster is on the way. "Tonight, we radically increased the design goals for the new Tesla Roadster," Musk wrote on X as part of a series of posts Tuesday night. Musk first promoted the next-generation Roadster concept in June 2018 in a series of tweets. He said at that time, "SpaceX option package for new Tesla Roadster will include ~10 small rocket thrusters arranged seamlessly around car."
Persons: Elon Musk, Musk, Tesla, Musk's, BYD, Morgan Stanley Organizations: Tesla, SpaceX, Ferrari, China Passenger Car Locations: U.S, China
AdvertisementYears before the recent drama at OpenAI turned CEO Sam Altman into a household name, the former Y Combinator president went on an extraordinary 18-month, $85 million real-estate shopping spree, according to records reviewed by Business Insider — including a previously unreported $43 million Hawaii estate on land that locals describe as historically significant. AdvertisementSam Altman's Hawaii estate is immediately adjacent to the reconstruction of the royal temple of King Kamehameha I. Maxar TechnologiesA $43 million estate in HawaiiIn July 2021, Altman bought a twelve-bedroom estate in Kailua-Kona, on the big island of Hawaii, for $43 million. Altman's purchase of the Hawaii property has not been previously reported. AdvertisementAnnie had been unaware that her oldest brother owned property in Hawaii until Business Insider asked her about it, she said. A $27 million San Francisco homeAltman's weekday residence is a home on San Francisco's Russian Hill that was once described — inaccurately — as the most expensive home in San Francisco.
Persons: Sam Altman, Altman, , OpenAI, he's, He's, Sam Altman's, King Kamehameha I, King Kamehameha, Jennifer Serralta, Serralta, Jack, Max, — Sam Altman, Mark Zuckerberg, Larry Ellison, Marc Benioff, Jeff Bezos, Peter Thiel, Annie Altman, Annie, Sam's, Napa Altman, Cade Metz, Bob Dickinson Organizations: Service, Business, Bloomberg Tech Summit, Wall Street Journal, YouTube, Altman, LinkedIn, Apollo, Opportunity Fund, Silicon Valley, Business Insider, San, SEC, 9Point Ventures, Uncommon Ventures, New York Times, Capital Management, San Francisco Chronicle, New Yorker, Israeli Defense Force, Tesla Locations: San Francisco, Napa, Hawaii, Napa , California, Sam Altman's Hawaii, Kailua, Kona, wakesurfing, Kauai, Lanai, San, Russian, California, Hollywood, Big Sur
Errol Musk, Elon Musk's dad, said he turned down his son's offer to send a Tesla to South Africa. In January 2022, Errol Musk turned down his son's offer to gift him a Tesla and ship it to his home in South Africa, he told Insider. South Africa charges a 25% tariff on automotive imports. While Tesla has begun selling its EVs in Europe and China, the vehicles are not for sale in South Africa. "You go to Austin and every time you turn around you're at a Tesla charging station."
Persons: Errol Musk, Elon Musk's, Errol, , Elon, doesn't, it's, Elon wasn't, Tesla, Winstone Jordaan, It's, Ryan, I've, Kimbal, Walter Isaacson's, Royce Corniche, he's, Isaacson, he'd, I'm Organizations: Royce, Service, Auto Transport, Plaid, Elon, Tesla Locations: South Africa, Europe, China, Austin, North America, Florida
Larry David had harsh words for Elon Musk for supporting the Republican Party, a new biography said. The "Curb Your Enthusiasm" creator asked Musk: "Do you want to just murder kids in schools?" David made the comments at a wedding that took place days after the Uvalde school shooting. AdvertisementAdvertisementIsaacson wrote that Musk was "baffled and annoyed" by the question, and said he's "anti-kid murder." "Then how could you vote Republican?"
Persons: Larry David, Elon Musk, David, Walter Isaacson's, Isaacson, Musk, Ari Emanuel, Uvalde, Emanuel, Tucker Carlson, Biden, didn't, Ron DeSantis, Alan Dershowitz, Donald Trump, Page, Emanuel's, , Ari Gold Organizations: Republican Party, Service, Endeavor, Democratic Party, Republican, Twitter, Republican Gov, Harvard, HBO, Tesla Locations: Wall, Silicon, Uvalde , Texas, California, Florida, Saint
‘Lunar Codex’ aims to bring human art to the moon
  + stars: | 2023-08-15 | by ( Jacopo Prisco | ) edition.cnn.com   time to read: +11 min
Nicknamed “Moon Museum,” it was attached to a leg of the spacecraft and then left on the moon with it. Called the Lunar Codex, it will be split across three launches planned over the next 18 months. The artworks that make up the Lunar Codex will be miniaturized in nickel NanoFiche. Peralta originally intended the Lunar Codex to include only his own works, such as "Sonnets from the Labrador," but reconceived the project as a global endeavor during the pandemic. Jack Burns, a professor of astrophysics at the University of Colorado Boulder, thinks the Lunar Codex is a cool concept.
Persons: , Andy Warhol, Samuel Peralta —, ” Peralta, Peralta, I’ve, , , Isaac Asimov's, Samuel Peralta, Mazzy, Olesya Dzhurayeva, Connie Karleta, Samuel Peralta “, Daniela De Paulis, ” Paulis, Jack Burns, “ I’m, Carl Sagan, Timothy Ferris, Bach, Beethoven …, Chuck Berry, Ferris, ” Ferris, ‘ Kilroy Organizations: CNN, NASA, , SpaceX, United Launch Alliance, Virgin, Carnegie Mellon University, University of Colorado Locations: Canadian, North America, Ukrainian, Kyiv, Russia, American, Netherlands, Labrador, University of Colorado Boulder
Tech YouTuber Zack Nelson said he put his Rivian R1T truck to the test over the past year. Nelson found some issues with the EV, including doors that don't drain and soil in his undercarriage. "The R1T is an electric truck and I would assume that an electric truck would just be able to do truck things," Nelson said in a YouTube video pointing out some of the things he "hates" about the vehicle. Zack Nelson said a plant was growing in the undercarriage of his Rivian. "It's a truck with the performance of a sports car, but all the abilities of a truck.
Persons: Zack Nelson, Nelson, it's, he's, Zack, Nelson —, Organizations: Tech, YouTube, Tesla Roadster
Electric-car startup Fisker unveiled three brand-new models on Thursday. Fisker wants the $385,000 car to have at least 600 miles of range, more than any other EV out there. Well what if you could drive, say, 600 miles before filling up? US electric-car startup Fisker claims buyers of its upcoming Rōnin supercar will be able to do just that. FiskerFisker's goal of at least 600 miles of range is significantly more than any EV available today.
Persons: Fisker, Elon Musk, Mercedes Organizations: Tesla, EPA Locations: Alaska
Elon Musk floated an idea for a new line of Tesla products on Wednesday: robotic limbs. While updating investors on Tesla's second-quarter performance on Wednesday, the billionaire entrepreneur floated an idea for a new line of Tesla products: robotic limbs. The Tesla Bot would be 5-foot-8, walk 5 miles-per-hour, be powered by AI and cameras, and be able to relieve humans of the drudgery of factory work and other manual labor, Musk said. A Tesla Bot rendering. As for Optimus, Musk said on Wednesday that he's confident that the robots will be doing "something useful" in Tesla factories come next year.
Persons: Elon Musk, Tesla, Musk, Neuralink, he's Organizations: SpaceX, Twitter, Reuters, Optimus, Tesla
After just a few short years of hype, the metaverse is already headed for the graveyard of failed tech ideas. The metaverse, according to Zuckerberg, was supposed to be the next evolution of the internet and our tech lives. But the rise and fall of the metaverse can teach us some important lessons about the tech industry as a whole. All the tech companies citing AI in their layoff announcements. Many major tech companies like Google and IBM even mentioned AI in their layoff announcements.
Three brand-new 2010 Tesla Roadsters are for sale after sitting in storage containers for 13 years. If you've been waiting patiently for years for the new Tesla Roadster sports car to start production, I've got great news for you. The 2010 Tesla Roadsters have been sitting in shipping containers in China for more than a decade, never driven, according to Gruber Motor Company, a Tesla repair shop specializing in Roadsters that's brokering the sale. Gruber Motor CompanyMuch like the photos the seller provided to Gruber, the details are a bit fuzzy. The most comparable Roadster Gruber has helped sell was the 13th model ever built, which went for $295,000 last year.
Martin Eberhard said he sent Elon Musk a note after SpaceX's first rocket launched into orbit. The Tesla cofounder said he never heard back from Musk and hasn't spoken to him in about 14 years. "I actually sent him a congratulatory note when his first rocket successfully made it to space, but I got no reply." The Tesla cofounder has said Musk forced him out of the company and had Tesla's board vote him out as CEO behind his back in 2007. About two years later, after Musk started calling himself a Tesla founder, Eberhard sued Musk, alleging libel and slander.
Tesla cofounder Martin Eberhard owns three Teslas, including a Roadster he drives every day. Eberhard said he owns the second Tesla Roadster ever made. "I've been driving my Roadster continuously since I bought it," Eberhard told Insider in an interview. He also sent another Tesla Roadster into space on a SpaceX Falcon Heavy rocket. The Tesla cofounder said he occasionally takes the Roadster out for car shows, including the annual Roadster Rally.
Tesla cofounder Martin Eberhard said the carmaker's company culture might be "nicer" if he'd stayed. He said he's not into "random firings," a practice Musk has denied engaging in in the past. "I'm a believer of treating employees with respect and I'm not into random firings and things like that," Eberhard told Insider in an interview. Eberhard previously told Insider that Musk and Tesla's board had met behind his back and had voted to replace him as CEO. Musk became Tesla's CEO in 2008 and has become virtually synonymous with the brand's image in recent years.
Tesla cofounder Martin Eberhard says EV companies shouldn't try to compete head-on with Tesla. He said EV startups should try to find their own market and avoid launching Tesla-like models. "My advice to anybody who wants to get into the EV space now is don't try to compete head-on with Tesla," Eberhard told Insider in an interview. Lucid confirmed that Eberhard worked at the startup for a short period in 2015 but declined to comment on his departure. After leaving Tesla, Eberhard served for about two years as the director of EV development at Volkswagen Electronics Research Laboratory.
Tesla cofounder Martin Eberhard said he's "not a big fan" of autonomous cars. The Tesla cofounder said it's a "mistake to think of a car as a software platform." The Lotus Elise was a two-seater convertible that the British car company Lotus Cars first sold in 1996. The Tesla cofounder said that while he appreciates "safety-oriented systems" like driver-assist features, he's "not a big fan" of autonomous driving. Last year, the billionaire said the carmaker's self-driving software is the difference between Tesla being worth a lot of money and Tesla being worth almost nothing.
But Eberhard and Musk butted heads, and Musk ousted Eberhard from his CEO role in 2007. Musk said that Eberhard was holding up production of Tesla's first car, the Roadster, and that Eberhard was responsible for other operational issues. And the proof is for the first time ever in decades we built a car company successfully. "His behavior changed dramatically as soon as we started having press about Tesla," Eberhard said. Musk has said the company "is as much a software company as it is a hardware company."
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