Tesla Motors Inc (TSLA.O) will start taking orders for its solar roof tiles in April, Chief Executive Elon Musk said in a Tweet on Friday. The solar-powered roof shingles were unveiled in October last year to show the benefits of combining his electric car maker with solar installer SolarCity Corp SCTY.O. There was no detail on cost. (bit.ly/2n32HB8) Tesla has said previously the cost of the roof […]
A new study looking into job automation estimates that millions of human workers around the world might lose their jobs to robots in the future. According to a new PwC report, many jobs worldwide risk automation from artificial intelligence and robotics by the early 2030s. However, the report notes that in many cases the jobs won’t disappear altogether, but rather change and adapt. US Jobs Most At Risk […]
Tech Times reported on March 11 that Tesla co-Founder and Chief Executive Officer Elon Musk backed up Lyndon Rive’s bold claim at the Powerwall 2 launch at Newport, near Melbourne, that the company can solve South Australia’s energy storage problems in 100 days with its new battery. Rive, Tesla’s Vice President for Energy Products, cited the company’s experience in building a power plant in South California in 90 […]
By Sijia Jiang | HONG KONG HONG KONG Chinese technology conglomerate LeEco is looking to sell a 49-acre U.S. Silicon Valley property less than a year after buying it from Yahoo Inc, sources said, in what is the latest effort by the firm to ride out a cash crunch. LeEco, one of China’s most ambitious companies that grew from a Netflix-like video website to a business empire […]
Tesla co-founder and CEO Elon Musk has been transitioning his company into the clean energy business and its name change in February only serves to highlight that idea. In fact, Musk is very keen on promoting solar energy as the best source of renewable energy and his enthusiasm and confidence seems to rub off on his colleagues. Lyndon Rive, vice president of energy products at Tesla, said in a […]
Google’s self-driving unit, now called Waymo, is going after Uber, and it’s making it clear. It’s stepping up its legal attack on the popular ride-hailing company, most recently by asking a court to block Uber from leveraging technology, which it allegedly stole from Waymo to get ahead in the race for driverless cars. Waymo’s Uber Lawsuit The two, both Silicon Valley companies, are duking it out over […]
SYDNEY Tesla Inc boss Elon Musk spoke with the premier of South Australia on Saturday after the tech entrepreneur offered to install $25 million of battery storage within 100 days to prevent recurring blackouts that have disrupted the state. The proposal follows a string of power outages, including a blackout that left industry crippled for up to two weeks and stoked fears of more outages across the […]
By Sonali Paul | MELBOURNE MELBOURNE Tesla Inc boss Elon Musk on Friday offered to save Australia’s most renewable-energy dependent state from blackouts by installing 100 megawatt hours worth of battery storage within 100 days of signing a contract. The offer follows a string of power outages in the state of South Australia, including a blackout that left industry crippled for up to two weeks, and stoked […]
Highlights of the day for U.S. President Donald Trump’s administration on Wednesday: WIRETAPPING Two senior senators ask the FBI and Justice Department for any information they have on Trump’s unsubstantiated claim that predecessor Barack Obama wiretapped him during the presidential campaign. HEALTHCARE The top U.S. doctors’ organization and several hospital groups come out strongly against a Republican plan backed by Trump to overhaul America’s healthcare system as […]
Entrepreneur Elon Musk has an estimated current net worth of $13.4 billion from interests in transport, payments and space technology Sending tourists for a trip around the moon is the latest big idea launched by Elon Musk, a Silicon Valley star known for turning his passions into visionary enterprises. Musk has become one of the United States’ best-known innovators. He was a founder of payments company PayPal, […]
Via Nicholas Eberstadt of CommentaryMagazine.com, On the morning of November 9, 2016, America’s elite—its talking and deciding classes—woke up to a country they did not know. To most privileged and well-educated Americans, especially those living in its bicoastal bastions, the election of Donald Trump had been a thing almost impossible even to imagine. What sort of country would go and elect someone like Trump as president? Certainly not […]
Wikimedia Commons Amazon chief Jeff Bezos has revealed aspirations to create a stable, frequent delivery service to the moon over four decades since a man last walked on the surface. Bezos, who also owns private aerospace firm Blue Origin and The Washington Post, told the publication in an interview that in order to maintain a stable colony on the moon, a reliable delivery service is of paramount […]
Branden Spikes says he has led a charmed life. Boasting an IT career that started in Silicon Valley when the web was born, Spikes was in the midst of the “awesome craziness” that occurred as a result of the dotcom boom — not to mention “the craziness” that he said followed. “The invention of the web was happening right in my backyard at a time when I […]
One of Dubai’s biggest shopping malls has installed nine electric car charging stations, following the official launch of Tesla in the UAE last month. Located at the Fashion Dome Valet Parking and on the first and second floors at Mall of the Emirates, the Tesla charging stations can add up to 100km of range to the battery per hour of charge. “Majid Al Futtaim is proud to […]
Technology accelerates by leaps and bounds, which can only spell doom for most workers’ economic prospects. How long before a robot or algorithm can do your job, leading to mass “technological unemployment?” Machines are learning to master once-unthinkable tasks. Yet, even though our software can best us at Jeopardy! and our hardware has learned to run and jump, there’s still no consensus among economists that […]
With 140 authors from around the world, covering a wide variety of genres, the Emirates Airline Festival of Literature is a treat for lovers of the written word. Here are some key sessions happening over the opening weekend. newslide Inventing the Future: Ashlee Vance on Elon Musk Friday, 11.30am With the Tesla electric car set to become increasingly common on UAE roads, this discussion – featuring Ashlee […]
SoftBank is leading efforts to consolidate the space technology sector with talks to merge OneWeb, the US satellite start-up it backs, with Intelsat, one of the world’s largest commercial satellite operators. Bonds sold by Intelsat surged on Monday after it was reported that the deeply indebted satellite operator was nearing a deal with SoftBank to merge with OneWeb, which raised $1.2bn from the Japanese group and other investors in December. […]
CAPE CANAVERAL, Fla. Private launch company SpaceX plans to fly two paying customers on a tourist trip around the moon using a spaceship under development for NASA astronauts and a heavy-lift rocket that has not yet flown, Chief Executive Elon Musk told reporters on Monday. The launch of the first-ever privately funded tourist flight beyond the International Space Station is tentatively targeted for late 2018, Musk told […]
Suppliers to Tesla and other electric carmakers are scrambling to secure shipments of the key battery material cobalt after a group of hedge funds amassed a large stockpile of the scarce metal. In a bold wager on higher prices, half a dozen funds, including Swiss-based Pala Investments and China’s Shanghai Chaos, have purchased and stored an estimated 6,000 tonnes of cobalt, worth as much as $280m, according […]
Waymo is suing Otto and Uber for allegedly stealing its trade secrets, Layer gets more funding and acquires Cola, a major Cloudflare bug leaked sensitive data from customers’ websites and Elon Musk addresses unionization concerns at Tesla. All this on Crunch Report. Read More Via ASDA Alltop
Tesla Tesla has revealed plans to construct a total of five Gigafactories to cater to increased solar panel and electric vehicle (EV) battery demands. In a letter to shareholders (.PDF), the EV manufacturer, founded by entrepreneur Elon Musk, Tesla said the company plans to finalize the locations for at least two more Gigafactories, if not three. “Later this year, we expect to finalize locations for Gigafactories 3, […]
Tesla is likely to turn to Wall Street for another big cash infusion as it gears up to launch its first mass-market electric vehicle later this year, chief executive Elon Musk indicated on Wednesday. His comments came as the US electric carmaker disclosed that chief financial officer Jason Wheeler would leave the company after little more than a year. Mr Musk said only that Mr Wheeler was […]
Analysts and traders alike were looking forward to today’s “black box” earnings from Tesla as it would be the first consolidated report that combined Tesla Motors operations with those from cash-bleeding monstrocity SolarCity following the pair’s merger, to wit: “with the acquisition of SolarCity, we have created the world’s only integrated sustainable energy company, from generation to storage to transportation.“ And, as usual, Elon Musk managed to […]
Tesla Inc (TSLA.O) posted a smaller quarterly loss and said its mass-market Model 3 sedan was on track for volume production by September. The electric car maker said it expected to deliver 47,000 to 50,000 Model S and Model X vehicles combined in the first half of 2017. The company said it planned to invest between $2 billion and $2.5 billion in capital expenditures ahead of the […]
