Tesla CEO Elon Musk has moved up on the Bloomberg Billionaires Index to the fourth spot after the electric automaker’s stock soared during trading on Monday. After TSLA stock (NASDAQ: TSLA) closed at $1,835.64 on Monday, Musk’s net worth rose by almost $8 billion at $7.78 billion. Musk officially passed Bernard Arnault of France’s LVMH […]
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CEO Elon Musk has revealed that SpaceX crushed a global rocketry record during a recent Raptor engine test, pushing the crucial Starship component past years-old performance targets. On August 17th, the SpaceX CEO unexpectedly released a photo of a Raptor test and a corresponding graph showing the engine’s chamber pressure, confirming that the company had […]
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In a brief telephone hearing on Monday, a Delaware judge opted to approve a $60 million settlement for a shareholder lawsuit stemming from Tesla $2 billion acquisition of clean energy company SolarCity in 2016. Interestingly, the judge granted the settlement approval for Tesla’s directors — but not Elon Musk — as the CEO is poised […]
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Tesla CEO Elon Musk stated that the electric automaker is in the process of developing a Neural Network training computer called “Dojo.” Musk indicated that Dojo would be used to “process truly vast amounts of video data,” which points to the CEO’s comments from mid-July that stated Autopilot would be upgraded to a 4D infrastructure. […]
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A recently published Tesla patent application details the machine learning methods behind Smart Summon, specifically highlighting the progress being made with 3D labeling in training data. The application, titled “Autonomous and User Controlled Vehicle Summon to a Target,” utilizes machine learning methods explicitly detailed in two other recent Tesla patent publications in its functionality. This […]
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Tesla’s highly-anticipated Battery Day is still several weeks away, but CEO Elon Musk appears to have started posting cryptic teasers about some of the innovations that would be introduced at the event. Based on a recent post on Twitter, it appears that Tesla’s Plaid Model S, and perhaps even the Plaid Model X, may be […]
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Tesla’s lawsuit against former employee Martin Tripp has taken an unusual turn. After publishing a large number of documents and videos online over the last week, including many under a confidentiality order in the case, Tripp has now fired his lawyers and will represent himself moving forward. Notably, this action coincided with the revelation that […]
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Tesla shares jump after the EV maker announced it will implement a five-for-one split of its stock, and Musk drops big hint on Plaid.
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SpaceX has big plans to ferry travelers to Mars in the near future, and part of that venture looks to include luxury accommodations while customers spend time with the company on Earth. A recent job board posting for a “Resort Development Manager” has come to light, specifically referring to a project at the launch provider’s […]
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Elon Musk says that SpaceX wants to reuse its first flight-proven Starship prototype, although the rocket’s second hop might come after the debut of a totally different ship. On August 4th, for the first time ever, a full-scale Starship prototype measuring some 9m (30 ft) wide and 30m (~100 ft) tall lifted off from SpaceX’s […]
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