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☆ 3 questions about Tesla's robotaxi that Elon Musk needs to answer
▼ + stars: | 2024-10-10 | by ( Nora Naughton | ) www.businessinsider.com time to read: +6 min

AdvertisementThe stakes are high heading into Tesla's Robotaxi Day on Thursday night in California. AdvertisementAs is typical, Musk's promise that the robotaxi business was taking shape offset a major earnings miss and helped juice Tesla's languishing stock price. Spak wrote. With all this in mind, Jonas isn't sure Musk can live up to investors' high expectations. Advertisement"Tesla's future valuation is highly dependent on its ability to develop, manufacture, and commercialize autonomous technologies," Jonas wrote.

Persons: —, Elon Musk, Tesla's Uber, Musk, Joseph Spak, Spak, didn't, Tesla, Morgan Stanley, Adam Jonas, Jonas, Tesla's FSD, there's, Jonas isn't Organizations: Service, Investors, Tesla, UBS, Hertz, California Department of Motor Vehicles Locations: Tesla's, California, Robotaxi, Los Angeles

☆ Elon Musk's Las Vegas tunnel system has a trespassing problem
▼ + stars: | 2024-10-09 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Elon Musk's Las Vegas tunnel network has faced at least 67 trespassing incidents since 2022. Musk's Boring Company wants to expand its Vegas network to create a 68-mile loop. AdvertisementElon Musk's Las Vegas tunnel network has a trespassing problem. Related storiesThe Boring Company's Las Vegas tunnel opened in 2021. The Boring Company and Las Vegas Convention and Visitors Authority did not respond to a request for comment, sent outside normal working hours.

Persons: Elon, —, Musk's, Boring, Elon Musk Organizations: Musk's Boring Company, Service, Las Vegas Convention, Fortune, Visitors Authority, Elon, Boring Company, Boring Locations: Las Vegas, Teslas

☆ 3 questions Elon Musk will need to answer at Tesla's highly anticipated robotaxi event
▼ + stars: | 2024-09-26 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

The event, originally scheduled for August, is where CEO Elon Musk has promised to release a final design and more detailed plans for Tesla's Uber-like self-driving car service. AdvertisementIn typical form, Musk's promise that the robotaxi business was taking shape offset a major earnings miss and juiced Tesla's languishing stock price. Spak wrote. In the same note, Spak raises questions about Tesla Full Self Driving (FSD)'s rate of improvement compared to competitors like Waymo. Advertisement"Tesla's future valuation is highly dependent on its ability to develop, manufacture, and commercialize autonomous technologies," Jonas wrote.

Persons: —, Elon Musk, Tesla's Uber, Musk, juiced, Joseph Spak, Spak, Tesla, Morgan Stanley, Adam Jonas's, Jonas, Tesla's FSD Organizations: Service, Business, Tesla, UBS, Hertz, California Locations: Tesla's, robotaxi, Los Angeles

☆ Ford buys EV charging startup in bid to help rescue its electric dreams
▼ + stars: | 2023-11-03 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Ford has bought an electric charging startup called AMP, TechCrunch reported. AdvertisementAdvertisementFord is buying an electric charging startup as it tries to reinvigorate its flagging EV push. The auto giant is purchasing Auto Motive Power (AMP), an electric charging startup that makes battery management software, as it seeks to overhaul its charging technology and reduce the cost of its electric vehicles. A Ford representative told TechCrunch that the deal aimed to accelerate its efforts to encourage EV adoption and improve its charging technology. Other car makers have taken a similarly cautious approach to electric vehicles in recent months, with several ditching ambitious targets amid slowing demand.

Persons: —, Ford, it's, Bill Ford, Harald Wilhelm, Elon, carmaker Organizations: Ford, TechCrunch, Service, Auto Motive, The New York Times, Benz, EV, GM, Subaru Locations: California, Kentucky

☆ Elon Musk's 700 mph hyperloop tech hasn't become reality. But companies aren't giving up
▼ + stars: | 2023-09-12 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The Hyperloop test track tube with its transport cabin is open for viewing before the opening begins. MUNICH — Hyperloop, a mega-fast transportation system dreamed up in 2013 by Tesla and SpaceX founder Elon Musk, was supposed to be a reality by now. There has been so much hype, with several firms years ago saying that we would have a mass-scale hyperloop system by now. By the end of the next decade, hyperloop technology will have longer tracks built through continents, Semino said. Hyperloop Transportation Technologies (HTT) and Elon Musk's Boring Company are also exploring the technology.

Persons: Elon Musk, I've, Gabriele Semino, Hyperloop, Semino, Elon Organizations: Technical University of Munich, Tesla, SpaceX, CNBC, IAA, Hyperloop Transportation Technologies, Elon Musk's Boring Locations: Europe, TUM, MUNICH, Munich

☆ Grimes says her 3-year-old son with Elon Musk no longer plays with toy rockets because he gets upset if they're not 'anatomically correct'
▼ + stars: | 2023-08-08 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Grimes told Wired that her son with Elon Musk is a "little engineer" who is obsessed with space. X Æ A-Xii, who is three, gets upset when his toy rockets are not "anatomically correct," she said. Grimes said she's stopped giving toy rockets to her 3-year-old son X Æ A-Xii, who she shares with SpaceX founder Elon Musk, because he gets upset if they're not "anatomically correct." Grimes previously tweeted that their son gets frustrated when playing with toy rockets. Robyn Beck/AFP via Getty Images"She's a little engineer too," Grimes told Wired about her daughter.

Persons: Grimes, Elon Musk, she's, they're, Wired's Steven Levy, he's, Claire Boucher, X, —, Musks, Robyn Beck, Musk, Insider's Julia Black, Shivon Zilis Organizations: Wired, SpaceX, Getty, Neuralink Locations: Hawthorne , California

☆ In Switzerland, self-driving pods could transport freight in underground tunnels
▼ + stars: | 2023-08-07 | by ( Mark Tutton | ) edition.cnn.com time to read: +6 min

CNN —In Switzerland, an ambitious proposal could see the construction of an expansive underground network through which self-driving pods would transport freight across the country. The project, called Cargo Sous Terrain (“Underground Cargo” in English), is intended to reduce the reliance on trucks for moving cargo. “In the US, currently we are facing a big shortage of truck drivers and underground freight transport will resolve this issue as well.”In recent years, there have been other proposals for underground freight transport networks around the world. Cargo Sous TerrainA key challenge is working out how to transport freight above ground from the tunnels to stores in cities – without adding to road traffic. CST is “at the forefront” of underground freight transport thanks to its step-by-step approach, he says.

Persons: ”, Patrik Aellig, Gallen, Najafi, Elon Musk, Philipp Noser Organizations: CNN, Swiss, Center for Underground Infrastructure Research, Education, University of Texas, Ruhr University of Bochum, Credit Suisse, Siemens, City Locations: Switzerland, Geneva, St, Härkingen, Zurich, Arlington, Germany, CargoCap, Smart, Hamburg, Hyperloop, Coop

☆ Tesla's Cybertruck is finally starting production, 2 years behind schedule. Here are 6 other projects Elon Musk promised to deliver by now.
▼ + stars: | 2023-07-17 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +6 min

Tesla's Cybertruck is finally beginning production two years behind schedule. Tesla CEO Elon Musk has been known to make lofty promises that go undelivered for years at a time. In 2017, Inverse reported, Musk expanded the promise, assuring buyers that it would be just two more years before self-driving Teslas could be used to travel cross-country while passengers sleep. An 'everything' social media app, XIn late 2022, Musk tweeted that his purchase of Twitter was an "accelerant" to the creation of 'X,' the "everything app." According to the same CNBC article, in its most productive year, 2022, Tesla only installed an average of 21 solar system installations per week.

Persons: Elon Musk, —, Tesla, Musk, Musk's, Will Organizations: Tesla, CNBC, Boring Company, SpaceX, Twitter, University of Cincinnati Locations: Giga , Texas, New York, Philadelphia, Baltimore, Washington, DC, Los Angeles, Southern California

☆ The future of travel: 10 concepts that will change the way we experience the world
▼ + stars: | 2023-06-20 | by ( Kate Springer | ) edition.cnn.com time to read: +22 min

Concepts that feel plucked from sci-fi novels and films are quickly making their way into mainstream travel, shaping every step of the journey. Seamus PayneLike air travel, eco-conscious hotels are paving the way for more sustainable travel in the future. HyperloopTTUS entrepreneur Elon Musk has been talking about hyperloop technology – an ultra-high-speed transport system in a low-pressure vacuum tube – for years. Meanwhile, Toronto-based TransPod hopes to bring hyperloop technology to Canada with its eponymous tube-based transportation system powered by renewable energy. By 2025, the company plans to build a 620-mile-per-hour TransPod link between Calgary and Edmonton, connecting the two cities in 45 minutes.

Persons: Elijah Nouvelage, Indira Gandhi, Paris Charles de Gaulle, Austin Farmer, we’ll, don’t, David ”, you’ll, Alexander the Great, ” Michael Breer, KAWS, collectables –, Breer, ” Breer, You’ve, ” Jetson, Peter Ternstrom, Apollo, Cruise, ”, what’s, Boom’s, –, Seamus Payne, room2, Marcel Breuer, Tesla, charades, Yusaku Maezawa, Elon Musk, hyperloop, Virgin Hyperloop, HyperloopTT, Hardt Hyperloop Organizations: CNN, Travel, Hartsfield, Jackson Atlanta International Airport, Bloomberg, Getty, Dubai International Airport, Hong Kong International Airport, Indira, Indira Gandhi International, European Union, Emirates, Dubai International, American Airlines, United, Delta, Bluetooth, Alaska Airlines, Lufthansa, Qatar Airways, Specterras Productions, CNN Travel, VR, Aircraft, Federal Aviation Administration, Baidu, Hyundai, Las, CNN Travel ., Alphabet Inc, Beta, International Civil Aviation Organization, Alice, DHL, Air New, Concorde, Japan Airlines, Bauhaus, CEH Technologies, Origin, SpaceX, International Space, NASA, Galactic, Space Training Academy, Nastar Center, Boring Company, Virgin, Hyperloop Transportation Technologies, China Morning Post, China Aerospace Science, Industry Corporation, European Hyperloop Center Locations: Singapore, Dubai, Tokyo Narita, Tokyo Haneda, Delhi, London Heathrow, Paris, Dutch, Europe, Florence, Palmyra, Machu Picchu, New York, Ehang, China, Boston, Las Vegas, Motional, Phoenix, San Francisco, Los Angeles, North America, Austin, Beijing, Chongqing, Wuhan, Shanghai, Guangzhou, Mexico, Air New Zealand, Denver, New York City, Frankfurt, LA, Sydney, London, New Haven , Connecticut, Hungarian, Norway, Red, Saudi Arabia, Amsterdam, Chicago, Cleveland, Pittsburgh, Shanxi province, Netherlands, Toronto, Canada, Calgary, Edmonton

☆ Google leads funding round for Indian space startup Pixxel
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +3 min

BENGALURU, June 1 (Reuters) - Alphabet Inc's (GOOGL.O) Google is leading a $36 million funding round for Bengaluru-based Pixxel, a satellite-image startup, in the first major investment in the Indian space sector since the government launched its privatisation policy in April. Pixxel did not specify how much Google had invested or the valuation it reflected. Founder and Chief Executive Awais Ahmed said Pixxel would be "the most valued space tech company in India after this investment". Space startups, in particular, have come under pressure after the bankruptcy of Richard Branson's Virgin Orbit launch company. Ahmed has said he was inspired to launch a space startup from a visit Elon Musk's SpaceX as part of a student competition to build a demonstration "hyperloop" transport pod.

Persons: Pixxel, Awais Ahmed, Ahmed, Richard Branson's Virgin, Kshitij Khandelwal, Nivedita, Kevin Krolicki, Christopher Cushing Organizations: Google, Miner Rio Tinto Ltd, Accenture PLC, Skyroot Aerospace, Reuters, Space, Richard Branson's Virgin Orbit, Elon, SpaceX, Thomson Locations: BENGALURU, Bengaluru, Miner Rio, India

☆ Elon Musk's Tesla tunnels are a 'fake alternative' to solve traffic but if he made them for subways we'd all be better off, expert says
▼ + stars: | 2023-05-08 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +7 min

A journalist argues that Musk could use The Boring Company to make public transportation cheaper. This includes solving traffic by moving transportation underground through car tunnels or building a successful hyperloop. And Musk has often been explicit that traditional public transportation options, like subways, would not be a part of his vision. The Boring Company has also put its controversial hyperloop plans to the side. The Boring Company did not immediately respond to Insider's request for comment.

☆ The Boring Company CEO who slept at Twitter's headquarters with his newborn baby is rumored to be Twitter's next CEO, report says
▼ + stars: | 2023-02-28 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Twitter employees are speculating that The Boring Company CEO Steve Davis could replace Elon Musk as CEO, Platformer reported. The publication said that Davis helped orchestrate a round of layoffs at the social media company that impacted about 200 people this week. The Boring Company CEO spent the first few weeks after his baby was born sleeping in a makeshift bedroom in the office, along with his newborn and partner, according to the report. Before he became CEO of The Boring Company, Davis worked with Musk at SpaceX. Tesla's stock has fallen over 37% since he announced his plans to buy the social media company on April 14.

☆ Hyperloops, supersonic jets and electric aircraft: Here’s what transport could look like by 2050
▼ + stars: | 2023-02-27 | by ( Michelle Cohan | ) edition.cnn.com time to read: +7 min

CNN recently spoke with Malek about what travel will look like by 2050. CNN: Do you think supersonic air travel will return to the skies? Malek: So we’ve seen supersonic planes in the past and I do think we’ll see supersonic planes in the future. So now it’s no longer just a question of will we see supersonic planes, but will they be fueled by net zero carbon fuels? Historically, we’ve started with ‘what do cars need, what do planes need?’ But planes and cars are here just for us.

Persons: Michigan CNN —, Henry Ford, Alisyn Malek, Malek, we’ll, We’re, Volocopter, Hyperloop, it’s, What’s, we’ve Organizations: Michigan CNN, ”, CNN Locations: Detroit, Michigan, City, Detroit , Michigan, Paris, France

☆ Another tech bubble bursts: 2022 has been brutal for Silicon Valley workers
▼ + stars: | 2022-11-27 | by ( David Ingram | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com time to read: +28 min

Gem: 100A maker of recruiting software, the startup cut a third of its workforce Nov. 1, The Information reported. HealthCare.com: 149The health insurance marketplace announced the job cuts Aug. 3, Miami Inno reported, citing state regulatory filings. Fabric: 120The robotics startup said July 13 that it was layoffing off 40% of them, TechCrunch reported, citing company confirmation. It affected about 300 people, the Silicon Valley Business Journal reported, citing company confirmation. Policygenius: 170The online insurance company cut about 25% of its staff, Axios reported June 6, citing company confirmation.

☆ One of Twitter's best-known comedy accounts, Dril, says Elon Musk's Twitter is going to be a 'beautiful thing'
▼ + stars: | 2022-11-23 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Popular comedy Twitter account Dril told WaPo that the platform will be "a beautiful thing" under Elon Musk. Musk is a "classic comedic showman," Dril, one of the site's best-loved comedy accounts, told the Washington Post. Speaking to the Washington Post in a phone interview, Dril compared Twitter to Musk's invention of the Hyperloop. Dril said Musk's Twitter takeover has been entertaining calling him a "classic comedic showman," to the Post. When asked whether he'd make the switch from Twitter to other platforms like Mastodon, TikTok or Substack, Dril told the Post that he isn't keen.

☆ HyperloopTT to go public via SPAC led by former Disney execs
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +1 min

Nov 22 (Reuters) - High-speed transportation systems maker Hyperloop Transportation Technologies (HyperloopTT) said on Tuesday it would list its shares in the United States through a deal with a blank-check firm at a pre-money valuation of $600 million. The special purpose acquisition company (SPAC) Forest Road Acquisition Corp II (FRXB.N), which is led by former Disney executives Tom Staggs and Kevin Mayer, is expected to provide the combined company $330 million in net proceeds if the SPAC shareholders do not withdraw their money before the deal closes. HyperloopTT, which makes vacuum tube-based ground transportation systems with airplane speeds, has agreed to a SPAC merger at a time when the market's appetite for such deals have fizzled, as the economic outlook worsens with rising interest rates and inflation. The current shareholders and convertible note holders of HyperloopTT will hold $289 million worth of common shares in the company after the deal closes, the company said. A SPAC is a listed company without any business operations, formed to solely raise money and merge with other companies.

☆ Elon Musk's futuristic Hyperloop prototype tube has been removed from its place near SpaceX's California headquarters
▼ + stars: | 2022-11-05 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

The Hyperloop prototype tube was removed from its location outside of SpaceX headquarters in Hawthorne, Calif, reports say. The above-ground test tunnel was installed in 2016, but sat idle for years, according to the LA Times. The LA Times reported that Hawthorne Council member Angie Reyes English asked city staff to request the removal of the tube. According to the LA Times, it drew complaints from pedestrians and motorists before the city stepped in to have it dismantled. The ambitious invention would reportedly cut the commute from Los Angeles to San Francisco down to 35 minutes, LA Times reported.

☆ The world's fastest trains -- from China to France
▼ + stars: | 2021-12-10 | by ( Ben Jones | ) edition.cnn.com time to read: +16 min

Chogo/Xinhua/Getty ImagesAs well as boasting the longest network of high-speed lines in the world, China now has the fastest scheduled trains on the planet. A statement of intent by China’s booming railway technology industry, the Fuxing trains have been developed from previous generations of high-speed trains, which were based on technology imported from Europe and Japan. The design also forms the basis of the Siemens “Velaro” family of high-speed trains, which has been sold to Spain, Russia, Turkey, China and to Eurostar for its second generation international trains. Europe’s first dedicated high-speed network is still its best known and most successful, reaching out well beyond France’s borders. Frecciarossa services operate across Italy’s T-shaped high-speed network, linking Turin, Milan and Venice in the north with Bologna, Florence, Rome and Naples.

Persons: Germany's, Philipp von Ditfurth, Thomas Coex, Europe’s, Kiyoshi Ota, Al Boraq, Morocco's Al Boraq, ‘ Al, Boraq, Oriol, Iryo, Frecciarossa, Ed Jones, Alessandro Rota, sandstorms don’t, HHR Organizations: CNN, Japan’s, Vitesse, Getty, Germany's Inter, City Express, Express, Siemens, Eurostar, Bloomberg, JR, Japan Railways, Tohoku, TGV Euroduplex, Alstom, Flickr, Images Spain, Alta Velocidad, Ouigo Espana, Italian State Railways, Alitalia, Arrows, Spanish National Railways, Railway, Haramain, Speed Railway Locations: Scandinavia, Europe, Asia, France, China, Spain, Germany, Italy, Belgium, England, Africa, Morocco, Egypt, South Korea, Saudi Arabia, Taiwan, India, Thailand, Russia, United States, Shanghai, Shanghai’s Pudong, Hangzhou, Chogo, Xinhua, Japan, Beijing, Hong Kong, Harbin, Cologne, Frankfurt, Paris, Amsterdam, Brussels, Turkey, AFP, Lyon, Marseille, Bordeaux, Nantes, Strasbourg, Lille, London, Switzerland, Tokyo, Shin, Aomori, Hokkaido, Honshu, Tsugaru Strait, Tangier, Casablanca, Kenitra, Rabat, Oriol Paris, Madrid, Seville, Malaga, Valencia, Galicia, Barcelona, Alta Velocidad Espana, Korea, South, Seoul, Busan, Gwangju, Mokpo, Pyeongchang, Turin, Milan, Venice, Bologna, Florence, Rome, Naples, Saudi, Bandar Aldandani, Mecca, Medina

☆ There's a shortage of truckers, but TuSimple thinks it has a solution: no driver needed
▼ + stars: | 2021-07-14 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +12 min

One solution to the problem is autonomous trucks, and several companies are in a race to be the first to launch one. The journey was completed in 14 hours versus the usual 24 with a human driver, mostly because a truck doesn't need to sleep. Its plans are dependent on state legislation, however, because currently some states do not allow for testing of autonomous trucks on public roads. According to Lu, that's still cheaper than paying for a human driver. But you're saving the cost of a human driver, which based on average US wages is about $80,000 to $120,000 per year -- or 80 cents to $1.20 per mile.

☆ Fondatorului companiei de distribuţie Amazon, Jeff Bezos, câştigă la fiecare patru secunde, câte 15 mii de dolari
▼ + stars: | 2021-04-23 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

Fondatorului companiei de distribuţie Amazon, Jeff Bezos, câştigă la fiecare patru secunde, câte 15 mii de dolari, echivalentul salariului minim pe economie pe un an în Statele Unite. La 50 de secunde, cel mai bogat om din lume are venituri de 182 de mii de dolari, contravaloarea unui autoturism Tesla model S. Iar în 110 secunde, el primeşte echivalentul salariului liderului de la Casa Albă pe un an, adică 400 de mii de dolari. Potrivit revistei americane Forbes, Jeff Bezos este cel mai bogat om din lume, cu o avere estimată la 177 miliarde de dolari. El este urmat de Elon Musk, fondatorul a numeroase companii de înaltă tehnologie, precum Tesla Motors, SpaceX, Hyperloop sau Neurolink şi de francezul Bernard Arnault, acționarul majoritar al LVMH, grupul de lux care deţine printre altele mărcile Louis Vuitton şi Christian Dior.

Persons: Jeff, S, Jeff Bezos, Tesla, Bernard Arnault, Louis Vuitton, Christian Dior Organizations: Amazon, Albă, Forbes, Tesla Motors Locations: Statele Unite, SpaceX

☆ Поезд, который идет со скоростью 620 км в час
▼ + stars: | 2021-01-19 | by ( Mld Media Srl | ) noi.md time to read: +1 min

По словам инженеров, такой транспорт сможет развивать скорость до 620 км/ч. В китайском городе Чэнду прошла торжественная презентация поезда на магнитной подушке, в котором использована технология высокотемпературной сверхпроводимости (HTS Maglev). Инженеры из Юго-западного университета Цзяотун утверждают, что поезд сможет разгоняться до 620 км/ч. Если все испытания пройдут успешно, то в будущем подобные поезда интегрируют в сеть тоннелей, где транспорт может развивать скорость более 1000 км/ч. Что касается в целом поездов на магнитной подвеске, то их эксплуатация возможна благодаря мощным магнитам, расположенным под вагоном и под самими рельсами.

Persons: Hyperloop —, Илона Маска Organizations: China Railway Group, CRRC Corporation, Югозападный университет Locations: Чэнду, Цзяотун, Китай

☆ Elon Musk has a history of wild ideas — some of them have worked out
▼ + stars: | 2018-05-24 | by ( Sara Salinas | ) www.cnbc.com time to read: +1 min

watch nowBoring CandyFlamethrowersMusk announced in December that his Boring transportation company would start selling flamethrowers. The Boring-branded gadgets were an encore to the company's signature hats — and a little closer to blow torches. The company has achieved a myriad of milestones since its founding but reuse was only realized in the last few years. In December 2015, SpaceX took a first massive step towards reusability when it became the first company to land part of an orbital rocket. Just over a year later, SpaceX took another giant step, by launching and landing a Falcon 9 rocket it launched and landed once before.

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