elon musk

Elon Musk makes dire Tesla warning in cost cutting hunt [Updated]

Elon Musk makes dire Tesla warning in cost cutting hunt [Updated]

Tesla's Elon Musk has made an ominous prediction about the automaker's financial outlook, with a leaked memo from within the firm giving it less than a year to achieve breakeven at its current spending rate. Tesla announced losses of $700m in the last quarter, though the automaker did end the three month period with $2.2 billion in cash.

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SpaceX Starlink satellites shown crammed on a Falcon ready for launch

SpaceX Starlink satellites shown crammed on a Falcon ready for launch

Economic space travel and Mars colonization aren't the only ambitions Elon Musk has for SpaceX. Launching a constellation of Internet-bearing satellites is another and it seems that the company is ready to get that journey started. Not that it has much time left if it wants to stay in the FCC's good graces. The CEO shared on Twitter a view of 60 such Starlink satellites loaded snugly inside a Falcon 9 nosecone, ready for its test launch on Wednesday.

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Tesla will launch its own insurance product in the near future

Tesla will launch its own insurance product in the near future

During a call with analysts today, Tesla CEO Elon Musk revealed the company plans to offer its own insurance product to its customers. The new offering will be available in around a month, according to Musk, who didn't provide any specific details on the product. The insurance will be "much more compelling" than existing alternatives, Musk claimed.

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Tesla’s latest full self-driving car went for a drive: Watch how it did

Tesla’s latest full self-driving car went for a drive: Watch how it did

Tesla has released a new video of its latest full self-driving car prototype in action, showing an autonomous Model 3 complete a full journey without human interaction. The demo was released following Tesla's first Autonomy Investor Day on Monday, where the automaker detailed some of the work it has been undertaking on driverless technologies.

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Tesla’s 2020 Robotaxi plan is peak Elon Musk

Tesla’s 2020 Robotaxi plan is peak Elon Musk

Tesla believes it can have a Robotaxi service operating as soon as 2020, with owners of the company's EVs able to add their cars to a ride-sharing Tesla Network fleet. Speaking at Tesla's first Autonomy Day, at which the automaker pulled back the curtain on some of the work it had been doing on self-driving vehicles, CEO Elon Musk outlined an aggressive - and at times confusing - vision of self-driving taxis.

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Tesla Autopilot is getting aggression settings

Tesla Autopilot is getting aggression settings

Tesla plans to allow drivers to make Autopilot more aggressive on the road, Elon Musk has revealed, even if doing so also dials up the risk of accidents. Musk confirmed the upcoming setting at the Tesla Autonomy Day, the automaker's first public deep-dive into the work it has been putting into creating self-driving vehicles.

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Elon Musk spills the Model 3 cabin camera’s secrets

Elon Musk spills the Model 3 cabin camera’s secrets

Tesla has confirmed just what the interior camera in the Model 3 is for, with Elon Musk revealing how the sensor will play into the electric automaker's future roadmap. The camera is positioned up above the rear-view mirror inside the EV, facing into the cabin rather than out of it.

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Tesla Model Y: 5 things to know as the unveil dust settles

Tesla Model Y: 5 things to know as the unveil dust settles

Excited fans, disappointed investors, and big promises by Elon Musk: the Tesla Model Y unveil had it all. Set to be the fourth car in the California automaker's current line-up, the new electric crossover could well be the most successful. Indeed, Musk predicted Tesla would end up selling more Model Y than it has sold Model 3, S, and X combined. Read on for five things you need to know as the dust settles on the Model Y reveal.

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Elon Musk made a risky Tesla Model Y prediction

Elon Musk made a risky Tesla Model Y prediction

The dust hadn't even settled on the Model Y unveil before Tesla CEO Elon Musk was making a bold prediction about just how many of the new electric crossovers he believes the company will sell. Expected to arrive in late 2020, with up to 300 miles of range and seating for up to seven inside, the Model Y may be the fourth of the modern Tesla range, but Musk is confident it will take pole position.

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Tesla Model Y reveal: What we know

Tesla Model Y reveal: What we know

Tesla's family is about to grow again, with the Model Y SUV set to make its official debut later this week. Slotting in between the Model 3 and the larger, more expensive Model S and Model X, the all-electric crossover could well be Tesla's most popular car so far.

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Tesla deletes “Pole Position” Atari Easter Egg from its cars

Tesla deletes “Pole Position” Atari Easter Egg from its cars

Tesla has removed its Pole Position Easter Egg from its cars, after failing to secure the rights to distribute the classic Atari title. The game was added to the Tesla Model S, Model X, and Model 3 last year, as part of the Tesla v9.0 update, alongside two other classics from the back-catalog.

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Tesla Model Y will finally be unveiled next week

Tesla Model Y will finally be unveiled next week

After a long period of being an industry favorite and the scorn of rivals, Tesla has lately been pushed into the hot seat more than the spotlight. Financials are disappointing if not grim and scandals and lawsuits have become more common of late, casting doubts on whether Elon Musk can deliver on his admittedly ambitious promises. Still, those have never really stopped the luminary from pushing his vision come what may and, on March 14, he will finally be announcing an all-electric SUV that is years in the making.

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