Tag Archives: Elon Musk

Elon Musk is one board approval away from another $2.1 billion in stock options | TechCrunch

Tesla’s six-month average trailing market capitalization hit $150 billion on Tuesday after a four-month run up of the automaker’s share price that theoretically unlocks a multi-billion-dollar vesting option for CEO Elon Musk.

Once Tesla hit the six-month average trailing market cap of $150 billion, which Reuters first reported, Musk became eligible to access the second of 12 levels of options granted to him in an unprecedented pay package approved by shareholders in 2018. The board must still certify the milestone before the vesting option is triggered.

The milestone was met the day before Tesla is scheduled to report its second-quarter earnings.

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Elon Musk Promises a Lot of Tesla Features. A Lot of It Never Comes Through | Digital Trends

It’s 2020, and everyone’s a little disappointed that the flying cars aren’t here yet. But one 1980s fantasy of the future may soon come true: One day soon, your Tesla could be talking to you.

Tesla CEO Elon Musk appeared to show off a new feature for his electric cars: The ability to talk to people outside of the car in a British accent. Musk added that the talking car could cause some “epic robber confusion” by adding the functionality to the car’s already existing sentry mode, a monitoring system that’s part of the car’s security.

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Love It or Hate It, Tesla Cybertruck Is Revolutionary | Live Science

With a collective gasp and puzzled looks, the world was recently introduced to Tesla’s newest vehicle. The so-called Cybertruck is an angular, stainless steel, all-electric pickup truck that quickly became polarizing.

The launch didn’t go very smoothly. The truck’s windows shattered when its lead designer smashed them with a metal ball, causing Tesla founder Elon Musk to curse under his breath. Some love its futuristic look. Others hate it. Even Lego made fun of it.

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‘Consumer Reports’ calls out Tesla’s Navigate on Autopilot update | Mashable

Tesla CEO Elon Musk has proclaimed unfaltering adoration for his electric car company’s Autopilot feature on highways. But after a recent update meant to make it easier to use the semi-autonomous system, not everyone is so keen on the advanced-driving assistance tool.

Review service and publication Consumer Reports blasted Navigate on Autopilot on Wednesday following Tesla’s updates to the assistance tool last month. The automatic lane-changing and speed-suggesting system, which only works on certain highways, had several issues.

“We found that Navigate on Autopilot lagged far behind a human driver’s skill set,” the publication’s Keith Barry wrote.

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Tesla delivers $311m quarterly profit | BBC News

Tesla has reported a quarterly profit for just the third time in its 15-year history.

The electric car-maker made a record $311.5m (£241m) in the three months to 30 September, as the pace of car deliveries accelerated.

The result is a victory for chief executive Elon Musk, who had promised a profit to investors earlier this year.

Tesla’s last profitable quarter came in 2016 and it had faced mounting questions about its finances.

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What Is AI, Anyway? Know Your Stuff With This Go-To Guide | Hayden Field

WhatIS_AI

Scenario: You’re a startup office. People in hoodies and graphic tees are throwing the term “AI” around like confetti. You nod and try to play along, managing to churn out a brief mention of Elon Musk and Tesla as you look up the definition of “artificial intelligence” on your phone. You try to translate it into plain English. No luck. Relatable?

Never fear: Our trusty guide is here, no prior knowledge required. Let’s talk about what it is — in layman’s terms — and how it could affect your life.

What AI is

AI is the advancement of computer systems to perform tasks usually limited to humans. Translation: Some things you used to have to do yourself — or call someone about, or visit a physical location for help with — can now be done by a computer.

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The top 15 events that happened in space in 2016 | TechCrunch

2016 was a big year for research and discovery in space. The year started off with Caltech astronomers picking up the presence of a ninth planet while researchers at LIGO were detecting gravitational waves for the first time. NASA’s Juno spacecraft finally arrived in orbit around Jupiter, and astronomers found the closest exoplanet to Earth. Blue Origin showed off their suborbital rocket reusability skills and Elon Musk revealed a plan to colonize Mars. Not to mention the huge developments for SpaceX, which successfully landed a Falcon 9 rocket on a drone ship in the ocean for the first time, but then suffered a devastating explosion later in the year. These are the top events for space in 2016.

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Tesla to unveil “unexpected” new product October 17 | TechCrunch

Tesla will unveil something on Monday October 17, according CEO and founder Elon Musk. It’ll be a new product, he said in a Tweet on Sunday, which will be “unexpected by most,” and which will be separate from a Tesla/SolarCity product unveiling on the 28th.

Musk previously teased the October 28 event, saying it would include the unveiling of joint products from both the electric car and the solar energy companies, including a solar roof, along with an integrated second generation of the Tesla Powerwall energy storage solution, and a Tesla EV charger.

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