Elon Musk sends a tweet through SpaceX's Starlink broadband satellite
The CEO expressed surprise at his own success."Sending this tweet through space via Starlink satellite," he wrote, before following up to express his surprise.
Tesla CEO Elon Musk said during a June deposition that he wishes the electric-car maker' s Model 3 sedan was less expensive . A few weeks after the move, Musk said customers hadn' t shown much interest in the ,000 Model 3 . "I mean, our goal, as we've been very clear about from the
Consumer Reports withdrew its recommendations for the Model 3 and Tesla ' s Model S sedan due to reliability issues, and the publication does not Read more: Elon Musk said he wishes Tesla ' s Model 3 were cheaper , even though customers weren ' t that interested in its least expensive version .
- CEO said he wishes the 's sedans were less expensive in a June deposition obtained by PlainSite, an organisation that advocates for transparency in the US judicial system.
- At the time of publication, the Model 3 is listed at $US39,490 on the Tesla website.
- Tesla had previously included a trim that started at $US35,000 online but it from its website in April, saying customers could order it only by phone or in one of the company's stores.
- A few weeks after the move, Musk said customers hadn't shown much interest in the $US35,000 Model 3.
Tesla CEO Elon Musk said during a June deposition that he wishes the electric-car maker's Model 3 sedans were less expensive. The transcript of the deposition was obtained by PlainSite, an organisation that advocates for transparency in the US judicial system.
One of Tesla's most vocal investors sold more than $39 million of the stock ahead of the company's earnings report
A RK Investment Management, a relatively small but extremely vocal supporter of Tesla, has trimmed its stake by 150,000 shares ahead of the company's earnings report to be released Wednesday.Since October 1, the firm, which has a $US6,000 ($AU8,737) price target for shares of Elon Musk's electric car company, has sold roughly 154,000 shares of Tesla, worth roughly $US39 million ($AU57 million) at Monday's prices. The sales were voluntarily disclosed by ARK, which publishes all of its intra-day trades in email updates and on a regularly-updated website.
Musk said this month that the decline in Tesla ' s solar sales was temporary, and that he expects the company's energy business to eventually grow faster Elon Musk said he wishes Tesla ' s Model 3 were cheaper , even though customers weren ' t that interested in its least expensive version .
Tesla CEO Elon Musk repeatedly expressed his frustration with a lawyer interviewing him during a June 1 deposition, calling him "a shameful person" and other insults. Read more: Elon Musk said he wishes Tesla ' s Model 3 were cheaper , even though customers weren ' t that interested in its
"I wrote in 2006 the master plan for Tesla and step three was an affordable car, at least reasonably affordable. It's not as affordable as we would like," Musk said of the Model 3.
Tesla did not immediately respond to a request for comment.
At the time of publication, the Model 3 is listed at $US39,490 on the Tesla website. The company had previously included a trim that started at $US35,000 butit from its website in April, saying customers could order it only by phone or in one of the company's stores. A few weeks after the move, Musk said customers hadn't shown much interest in the $US35,000 Model 3.
"I mean, our goal, as we've been very clear about from the beginning of the company, is to make our cars as affordable as possible. And we felt it was important to offer the $US35,000 Model 3," Musk said during Tesla's first-quarter earnings call.
Tesla short-sellers lost $1.4 billion after the company reported a surprise profit — erasing 70% of their gains for the year
Traders betting against Tesla got crushed Thursday morning after the electric-car manufacturer reported a surprise earnings beat on Wednesday. According to data from financial-analytics provider S3 Partners, Tesla short-sellers absorbed $US1.4 billion in mark-to-market losses after shares rallied as much as than 20%. The gains wiped out close to 70% of Tesla short-sellers' profits for the year, S3 wrote in a research note Thursday.Watch Tesla trade live on Markets Insider.Traders betting against Tesla got clobbered Thursday after the company posted an unexpected profit for the third quarter.
Tesla is even more conservative on its website, which says the base model will be available in four The company said in its second-quarter earnings letter this year that it expected to post consistent While Tesla gets more leeway from customers over quality issues than other brands, Anand said
By December, he said , he expected the newer models to reach parity with the older vehicles. Musk said the software was being built Tesla ’ s self-driving announcement is the latest in a series of efforts over the last few months by Musk to maintain investor interest in Tesla as its stock price has fallen.
"We see very few people actually taking us up on that $US35,000 offer, but it is there and will remain there," he added.
The first deliveries of the $US35,000 Model 3, which happened in April, were. The company says its is to "accelerate the world's transition to sustainable energy," and in a , Musk described one of Tesla's long-term objectives as using the proceeds from high-end electric cars to fund the development of affordable models.
Musk would later frame the Model 3 as the fulfillment of that goal, and theTesla received for the Model 3 suggested demand for electric vehicles extended beyond early adopters willing to pay luxury prices.
Teslahigh-end versions of the Model 3 in July 2017 but for the next year amid at its Fremont, California, assembly plant. As the company smoothed out its production process, Musk said it needed more time to make the $US35,000 Model 3 profitably.
Jaden Smith asked Elon Musk for advice on starting a company. Musk was shocked when Smith said he wanted to sell water.
Jaden Smith asked Elon Musk for advice on starting a company, Musk said in a June 1 deposition. The transcript of the deposition was obtained by PlainSite, an organisation that advocates for transparency in the US judicial system. When Smith told him he intended to sell water, Musk was incredulous. Smith's company, Just Goods, which he cofounded with Drew FitzGerald, sells water bottles made mostly from paper and plant-based plastic.
The Elon Musk Tracker. Tesla Model 3 Tracker. “Demand for Model 3 is not going to be a constraint for quite a long time,” Tesla said in its third quarter letter to shareholders. Still, of the 20 Model 3 customers Bloomberg News surveyed, only two were even considering canceling their reservations.
Thiel, who helped build PayPal along with Tesla CEO Elon Musk , recently published a book, Zero To One Thiel notes that Tesla has been able to do things that no other company has done or could do, by General Motors has even created a task force to track Tesla ’ s next moves.” The Model S has
Musk's June deposition was part of a lawsuit filed by Tesla shareholders alleging that the members of Tesla's board of directors, which included Musk at the time, acted in their own best interests, rather than in those of Tesla's investors, when they approved Tesla's $US2.6 billion acquisition of the solar-panel company SolarCity in 2016.
Read the relevant portions of the deposition document below:
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Elon Musk thinks it would take 1,000 rockets 20 years to set up a self-sustaining city on Mars .
SpaceX and Tesla CEO Elon Musk tweeted some maths for how long he thinks it would take SpaceX to transport the necessary materials to Mars to build a self-sustaining city. Musk said it would take 1,000 of SpaceX's Starship rockets 20 years to transport the cargo.Musk has a history of bombastic claims about his hopes to colonise Mars, once outlining a plan to nuke the planet's atmosphereVisit Business Insider's homepage for more stories.Elon Musk has made another grand claim about his plans to colonise the red planet with his space exploration company SpaceX.