It’s finally here: the Model 3, Tesla’s $35 000 electric game changer. A single black Model 3 rolled off the production line on Friday with a serial number all its own, kicking off a company-defining six months. The car will belong to Elon Musk, Tesla’s
More than two-and-a-half years after the fatal break-up of Virgin Galactic’s experimental rocket plane, Richard Branson is poised to revive powered test flights as the billionaire entrepreneur targets his first journey into space by the middle
Tesla’s mission-critical Model 3 will start production on Friday before beginning a rapid ramp-up targeting a rate of 20 000/month in December. “Expecting to complete” the first car on Friday, CEO Elon Musk wrote in a late-night tweet
Not long ago, SpaceX founder Elon Musk cracked what he once labelled a monopoly for US defence department space launches, successfully breaking into a business that was dominated by United Launch Alliance. The DOD’s appetite
Tesla stock is the new ultimate driving machine. Shares of Elon Musk’s electric-car maker climbed 1,4% as of 11.10am Friday, boosting its market capitalisation to US$61,6bn, about $280m more than BMW. Tesla now ranks as the
Elon Musk has finally pulled the plug on Donald Trump. Musk, who has become the American icon of clean energy by leading electric car maker Tesla, said on Thursday he’d leave two White House advisory councils after the president’s
Tesla assured investors its highly anticipated Model 3 sedan is on track to begin production, mitigating concerns that the car maker, led by Elon Musk, is burning through more cash to bring the
Elon Musk’s SpaceX launched a sensitive mission for the US military and landed the rocket’s booster on land, marking the company’s fifth successful mission of 2017. A Falcon 9 rocket carrying NROL-76, a classified payload for
One of the best-kept secrets of America’s billionaires is the size of their tax bills. Tesla has provided a rare glimpse into this world, disclosing on Thursday that its billionaire CEO, Elon Musk, paid at least $593m
Only six remaining milestones stand between Tesla’s Elon Musk and an estimated $1,4bn windfall for the car maker’s billionaire CEO. Musk, who was awarded 5,27m stock options in 2012 tied to Tesla operational
