Shares of Tesla saw an abrupt halt on Tuesday afternoon after CEO Elon Musk shared a series of tweets about possibly taking the company private. “Am considering taking Tesla private at $420. Funding secured,” tweeted Musk just before 1 pm Eastern. Investors saw it as a vote of confidence that the Silicon Valley company could meet […]
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Tesla shares (NASDAQ:TSLA) were boosted in Tuesday trading amidst reports that Saudi’s Public Investment Fund purchased a significant stake in the Elon Musk-led company earlier this year. The PIF’s stake is expected to comprise between 3% and 5% of Tesla’s shares, in what could be seen as yet another bold bet by Saudi Arabia Crown […]
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Nearly a week after Tesla (NASDAQ:TSLA) surprised Wall Street with a relatively better-than-expected earnings report and a more humble Elon Musk, investors held steady, skirting any stock sell-off to retain a 15% gain or roughly $7 billion in market cap. Investor confidence can be attributed to Wall Street’s more optimistic outlook on the company’s immediate […]
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OpenAI’s team of AI-powered Dota 2 bots have reached yet another impressive milestone — it was able to beat the five veteran players in a 3-on-3 match, dominating two rounds before being defeated narrowly in the third match. The OpenAI Five are now headed to The International, a worldwide event later this month where the […]
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OpenAI’s team of AI-powered Dota 2 bots have reached yet another impressive milestone — it was able to beat the five veteran players in a 3-on-3 match, dominating two rounds before being defeated narrowly in the third match. The OpenAI Five are now headed to The International, a worldwide event later this month where the […]
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SpaceX has successfully reused the first Falcon 9 Block 5 booster less than three months after the rocket’s major reliability and reusability upgrade debuted. This milestone may feel small in the shadow of SpaceX’s accomplishments over the last ~18 months but make no mistake: the second flight of a Block 5 booster is by far the […]
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At the same time as SpaceX is readying its first Falcon 9 Block 5 booster reuse, the company’s second flight-proven Block 5 launch is already fast approaching and could be a strong contender to beat the company’s record of 72 days between launches of the same rocket. A critical milestone for Falcon 9 Block 5 […]
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There was once a time when a 0-60 mph time of 3.2 seconds was reserved only for the world’s most prestigious supercars. The McLaren F1, a car dubbed by Elon Musk as one of the best automobiles ever made, hit 60 mph in 3.2 seconds, and so did other powerful gasoline-powered vehicles like the Lamborghini […]
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Tesla continues to actively promote the Model 3 to customers, with CEO Elon Musk recently stating that the Model 3 Performance is “higher value for money” compared to the company’s top-tier vehicle — the Model S P100D. Musk’s latest push for the Model 3 Performance came as a response to a Model S P85D owner, […]
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Tesla has registered two large batches totaling more than 10,000 new Model 3 VINs over the weekend, in what appears to be a sign of a renewed production push for the electric sedan. Both batches, the first being 2,625 registrations and the other being 7,903, are estimated to be comprised of dual motor AWD vehicles. […]
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