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“#Capitalists in space” America’s private-sector “conquest” of space continues. The latest: On Sunday, Richard Branson’s Virgin Orbit successfully deployed 10 mini satellites into orbit using a two-stage rocket fired from a converted jumbo jet. The company’s LauncherOne rocketed into Earth orbit from “Cosmic Girl,” a specially outfitted Boeing 747-400, over the Pacific. The space vehicle…
“#Tesla files petition over speed-display concern raised by auto safety regulators” Tesla filed a petition with US auto safety regulators saying that 612,000 vehicles produced since 2012 do not fully comply with federal safety standards because displays can be switched from miles per hour to only metric measurements, documents released Friday show. However, the automaker…
“#Feds request Tesla to recall 158,000 cars over display failure concerns” The feds have asked Tesla to recall about 158,000 cars over concerns that their touch-screen displays could fail after a few years. The screens pose a safety risk because they allow drivers to control several key features in Tesla’s Model S sedans and Model…
“#After Parler’s troubles, Donald Trump Jr. wants Elon Musk to build a social network” After big tech firms, including Facebook, Instagram, Twitter, Twitch, and YouTube, banned Donald Trump, the outgoing president and his supporters flocked Parler, a social network favored by the alt-right. However, that network ran into all sorts of trouble because of content that…
“#Tesla will soon reportedly design cars that appeal to Chinese tastes” Tesla is on the lookout for “bi-cultural” designers as it looks to open a design studio in China. The electric automaker has reportedly begun the interview process with candidates who have 20 or more years of experience and are familiar with Chinese tastes, Reuters…
“#Tesla market value crosses $800 billion for the first time” Tesla shares jumped as much as 5.6 percent Friday, pushing the electric-car maker’s market capitalization to more than $800 billion for the first time and inching closer to the trillion-dollar club. Tesla’s stratospheric rally has helped Chief Executive Elon Musk surpass Amazon boss Jeff Bezos…
“# Tesla’s crypto-friendly CEO is now the richest man in the world ” Elon Musk, CEO of SpaceX and Tesla, has surpassed the net worth of Amazon founder Jeff Bezos. “Elon Musk has become the world’s richest person, as his net worth crossed $185bn (£136bn),” the BBC reported on Thursday. The futuristic businessman gained staggering…
“#Tesla stock climbs toward new record on strong deliveries” Tesla’s stock price jumped toward a new record early Monday after the company nearly reached its goal of delivering half a million vehicles in 2020. Shares in the electric-car maker climbed about 2.4 percent to $722.32 in premarket trading as of 7:10 a.m., putting the stock…
“#Elon Musk sells trio of Bel-Air homes for $41 million” A skyrocketing net worth hasn’t stopped Elon Musk from pursuing his quest to “own no house.” The Tesla CEO offloaded three adjacent Los Angeles homes to the tune of $40.9 million, the Los Angeles Times reports, bringing the total number of homes he has sold…
“#These billionaires’ wealth ballooned by a record total in 2020” The past 12 months have been brutal for many Americans, with tens of millions losing their jobs due to the coronavirus pandemic. But for a handful of billionaires, 2020 has been nothing short of a bonanza. The 10 richest men in the world have added…