elon musk

Hundreds of Tesla Employees Fired

Hundreds of Tesla Employees Fired

Tesla Inc (NASDAQ: TSLA) Model 3 electric car is off to a rocky start, it seems, with the company having to fire hundreds of employees recently. It appears that the manufacturing of the Model 3 is not going on at the pace that would be desirabl..

Blue Origin Taking Tourists Into Space Early by 2019

Blue Origin Taking Tourists Into Space Early by 2019

Blue Origin, founded by Jeff Bezos, CEO of Amazon.com Inc. (NASDAQ: AMZN), has updated its new timeline at the National Space Council on Thursday. Blue Origin now says that it will be taking tourists into space within 18 months or by April 2019.Rob ..

Elon Musk says Tesla can help restore power in Puerto Rico

Elon Musk says Tesla can help restore power in Puerto Rico

After the catastrophic category five Hurricane Maria ripped through Puerto Rico, millions of residents were left without power. Even weeks after, approximately only 10 percent of residents have power, according to Puerto Rico’s government stat..

Elon Musk Predicts Mars Colonization by 2024

Elon Musk Predicts Mars Colonization by 2024

Elon Musk, founder of SpaceX, presented his new updated plan for the colonization of Mars at The International Astronautical Congress in Adelaide, Australia on Friday. But he said that the biggest problem for the company would be the expenses."..

As CEOs Resign From White House' Business Council, the President Shuts it Down

As CEOs Resign From White House' Business Council, the President Shuts it Down

In the recent events of that occurred in Charlottesville, VA and President Trump’s response to the events has led to several CEOs in the White House' business council to resign. Major CEOs from companies such as Merck & Co. (NYSE: MRK)..

Tesla to Face Competition in the Battery Production Field

Tesla to Face Competition in the Battery Production Field

Tesla Inc. (NASDAQ: TSLA) may face increased competition in the rechargeable battery field. Currently Tesla is a leader in battery technology. The Tesla Gigafactory 1 is a lithium-ion battery factory under construction in Nevada. The factory started..

Tesla Stock in Correction Mode

Tesla Stock in Correction Mode

Tesla Inc. (NASDAQ: TSLA) stock fell more than 3% Monday. During the National Governors Association summer meeting, which took place Saturday, CEO Elon Musk commented on Tesla’s impressive stock market rally year to date – up more than 5..