AMG: Project One Probably Faster Than Porsche 919 At The ‘Ring

But that doesn’t necessarily mean it will go after the lap record. Here we were thinking the Project One could go after the Lamborghini Aventador SVJ’s Nürburgring record and now Mercedes-AMG suggests the F1-engined hypercar might have what it takes to claim the outright record. There’s a major difference between the lap times of the Jota and […]

Elon Musk steps down as chairman of Tesla

elon-musk
A settlement was made in the pending US SEC (Securities and Exchange Commission) case against Elon Musk regarding his privatization tweet – Musk will have to step down from his position as chairman of Tesla for three years and both Musk and Tesla will each pay a $20 million fine. The agreement will allow Elon […]

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SpaceX restores a Falcon 1 rocket for 10th anniversary of first launch success

With plans to give the historic rocket its own place on display inside the company’s Hawthorne factory, SpaceX has refurbished the last remaining Falcon 1 rocket booster and an old Merlin 1C engine to create a model representative of the same Falcon 1 that saved SpaceX and made history on September 28th, 2008, becoming the […]

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Tesla and Elon Musk settle with SEC: $40M fine, CEO to step down as Chairman

Two days after the United States Securities and Exchange Commision filed suit against Elon Musk for allegedly misleading investors with his “funding secured” announcement on Twitter about Tesla’s possible privatization at $420 per share, the CEO and the agency have reached a settlement. The settlement’s announcement was posted by the SEC in a press release […]

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