Elon Musk
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A running tab of what tech people think about whether we’re living in a simulation
Are we living in a simulation? For whatever reason, this is a hot topic in Silicon Valley these days. It all more or less started when Tesla Motors CEO (and soon to be SolarCity CEO — check one off for the simulation argument there) Elon Musk made a claim at the Code Conference that there’s such a high chance that we’re living in a simulation that it’s more likely we… Read More
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Tesla gets more than solar panels with offer to acquire SolarCity
News of an offer from Tesla to acquire SolarCity came mostly unexpected to traders earlier this afternoon. In a rapid “knee-jerk” reaction, traders bid up SolarCity by 13 percent and sent Tesla tumbling down 12 percent. It is typical for the stock of an acquisition target to spike while the acquirer’s stock falls according to Michael Morosi of Avondale Partners. SolarCity… Read More
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Elon Musk’s Tesla offers to acquire Elon Musk’s SolarCity for $2.8B
The great Elon Musk empire is uniting. Today his electric car and battery company Tesla announced its offer to acquire his solar panel installation company SolarCity. Together the companies could allow you to outfit your home with solar panels that power a giant battery for everything inside, as well as your electric car. The deal still has to be approved by SolarCity and its board. If it… Read More
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Tesla’s patent strategy opens the road to sustainability for transport and for itself
What makes Tesla unique? How about everything. Mention patents to most people and their eyes glaze over. Worse, they think of patent “trolls” that some say are harming American businesses. But everyone appreciates one fundamental fact: Patents, and intellectual property generally, mean value. Read More
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SolarCity Beats Q4 Estimates, But Stock Plunges 30 Percent On Soft Outlook
SolarCity, which is down more than 50 percent over the past year, just released its Q4 2015 earnings. The market has reacted negatively, with the stock trading down about 30 percent after-hours at a price of around $17.50 per-share. While Q4 revenue of $115M and loss of $2.37 per share beat estimates of $111M in revenue and a loss of $2.59 per share, the company’s Q1 2016 forecast… Read More
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Hyperloop Transportation Technologies Breaks Ground To Make Elon Musk’s Hyperloop A Reality
Plans to construct the beginnings of Elon Musk’s Hyperloop are now underway in Quay Valley, California. Hyperloop Transportation Technologies (HTT) announced plans for a 5-mile test track late last year and is about to break ground on an initial framework for what HTT CEO Dirk Ahlborn hopes will become the U.S. transportation infrastructure of the future.
Musk first proposed… Read More
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Jeff Bezos’ Space Program Successfully Lands A Rocket
Jeff Bezos took to Twitter for the first time to announce a milestone from his space company Blue Origin, and the Internet soaked it in. Ev Williams’ Obvious Ventures Invests In Solar Software Company Sighten
Ev Williams’ venture firm invests in a solar energy asset management, procurement and installation software developer. SolarCity Beat Revenue Expectations With $114 Million In Q3 2015 Earnings
Analysts expected SolarCity’s revenue to hit $111 million in third quarter 2015. But the solar energy company beat expectations with a near $114 million bump in revenue announced in earnings today. That’s a 95.2 percent year-over-year increase, beating estimates by $2.43 million. This was “driven by increased installations and high system performance in our seasonally… Read More
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Elon Musk’s SpaceX is trying to launch a spacecraft and have the rockets return safely to Earth…specifically on a floating barge. As it turns out, it’s not that easy. And it costs a lot of money. There’s now a web game that lets you give it a try yourself.