Here are two facts that defy logic: by the end of the year, electric car maker Tesla will have burned through more than US$10bn without ever having made 10c. Yet companies around the world are lining up to compete
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“He awoke – and wanted Mars.” That’s the first line of Philip K Dick’s classic novella, We Can Remember It for You Wholesale, the inspiration for the Total Recall films. I first came across the story in a sci-fi anthology back in high school
Entrepreneur Elon Musk, who envisions a human colony on Mars, is planning to create a new, much larger rocket ship code named “BFR” capable of travelling anywhere on Earth in under an hour. If the concept
Tesla, a perennial target of short sellers, is “structurally unprofitable” with a “way too leveraged” capital structure, said famed investor Jim Chanos. “Three years ago, this company was supposed to be making money now,” Chanos
Dyson, best known as a manufacturer of vacuum cleaners, hand driers and air filters, will build an electric car by 2020, founder James Dyson said on Tuesday. The company is investing £1bn to develop the car, plus the
Elon Musk’s ambitious plan to surround the Earth with thousands of Internet-beaming satellites is encountering turbulence from regulators concerned about interference with competing systems. SpaceX, the rocket start-up Musk
It’s been 10 years since Apple unleashed a surge of innovation that upended the mobile phone industry. Electric cars, with a little help from ride-hailing and self-driving technology, could be about to pull the same
The forecast for the next mission by Elon Musk’s rocket company SpaceX is cloudy — and not just because of the weather. The company is slated for its 13th Falcon 9 launch of the year on Thursday, from Nasa’s Kennedy Space Center
Think billionaires and outer space and three names quickly come to mind: Elon Musk, Jeff Bezos and Richard Branson. It turns out, though, that they have plenty of company. There are 13 others among the world’s 500