Faraday Future comes as a new challenger for Tesla in building electric car. The Chinese-backed startup company has invested $1 billion to build factory in America. Other than electric car, Faraday Futures also prepares "rolling smartphone" as a different business model in automotive industry.
Tags: Elon Musk
Tesla cars sale fell below expectation
Tesla cars sale fell below analyst expectation and its inability to roll out the Model X as promised lead J.P. Morgan analyst to reduce its profit projection for the fourth-quarter.
Tesla Motors sues German parts supplier for failing to deliver promised Model X falcon door
Tesla Motors Inc. sued German parts supplier Hoerbiger Automotive Comfort Systems for failing to deliver the promised falcon door for the Model X based on the carmaker’s standard.
Hyperloop Technologies to sponsor pod design contest
Hyperloop Technologies said it is one of the promoters of the Elon Musk's SpaceX Hyperloop design competition and will be offering $150,000 in winning prizes for engineering students. The contest consists of two parts in which the students design and construct a pod prototype for Hyperloop system.
Elon Musk's Open A.I. reached $1 billion funding in hopes to develop Artificial Intelligence
Tesla Motors Inc CEO Elon Musk and other prominent tech company executives raised $1 billion through an initiative called Open A.I. to fund an artificial intelligence research company.
Latest News
Tesla's stock went up 8.5 percent to $226 after reporting their third quarter earnings where it delivered more cars than expected. Reuters reported that the car company will boost up the production of its electric cars after its Model X SUV saw a strong rollout, bringing its stock up 9 percent even as it reported its biggest loss in ten quarters.
A partnership between Boeing Co. and Lockheed Martin Corp. known as United Launch Alliance (ULA) has sealed a deal with Jeff Bezo's space company, Blue Origin. The new partnership agreement took place as Aerojet Rocketdyne Holdings was reported to have made an offer to buy the joint venture company for a reported amount of $2 billion cash.
As part of its objective to promote industrial and business activity, Florida County has offered incentives to Blue Origin to make and launch rockets near NASA's Kennedy Space Center. Blue Origin has been promoted by billionaire Jeff Bezos, founder and Chief Executive of Amazon.com. The space center is coming up in Brevard County.
Hyperloop Transportation Technologies had agreed to work with Oerlikon Leybold Vacuum and engineering design company, Aecom, to build Elon Musk's vision; the Hyperloop tube.
Elon Musk has identified the possible reason why SpaceX's Falcon 9 rocket exploded mid-air on June 28th. And he says there's a valuable lesson to be learned.
Elon Musk, the brain behind Tesla, SolarCity, and SpaceX, has previously presented what he calls the fifth mode of transport - the Hyperloop.
The prospect of an Apple Car does not seem to worry Tesla CEO and founder Elon Musk. In fact, he welcomed such a prospect during a recent interview.
FCA CEO Sergio Marchionne meets with Tim Cook and Elon Musk and rides in a Google self-driving car. On the hand, Toyota and Mazda are working on a partnership deal to share technology.
Check out the videos of the Falcon 9 mission carried out by Elon Musk and his company, SpaceX. SpaceX's highly-anticipated rocket launch on Saturday started on high energy, but ended in a dud.
