Tag "Elon Musk"

Hyperloop One raises $85M at a $700M valuation

By : CIOL Writers

Hyperloop One has raised an additional $85 million in funding, bringing its total haul to $245 million, which reportedly takes the company’s valuation to more than $700 million. Investors in this round include DP World, Caspian VC Partners, WTI and OurCrowd.com, according to the

Elon Musk to unveil Tesla’s all-electric semi-truck on October 26

By : CIOL Writers

Tesla which had earlier set September as the timeframe for the grand launch of its all-electric semi-truck is now going to unveil the big rig on October 26. The new date has been confirmed by Tesla CEO Elon Musk in

Elon Musk and SpaceX are now ready with their much-awaited spacesuit

By : CIOL Writers

SpaceX CEO Elon Musk shared another photo of the SpaceX spacesuit. Unlike the previous time, this time he shared a full-body photo of what the outfit would look like. Elon Musk shared on his Instagram page the image of a

SpaceX opens registration for the 2018 Hyperloop Pod competition

By : CIOL Writers

Following a very successful second edition of the Hyperloop Pod competition, Elon Musk’s SpaceX has announced the third edition of the very successful competition. The 2018 competition will again take place at SpaceX’s 0.77-mile long test track near its Hawthorne HQ

SpaceX successfully finishes testing first stage cores of Falcon Heavy rocket

By : CIOL Writers

SpaceX has announced that it has completed the testing on all three of the Falcon Heavy rocket’s first stage cores. SpaceX CEO Elon Musk is hoping the company will launch the Falcon Heavy rocket in November. In a tweet, the

Elon Musk’s Neuralink gets $27M to link human brains with computers

By : CIOL Writers

Neuralink, the startup co-founded by billionaire Elon Musk in 2016 has raised $27 million in funding, according to a filing with the US Securities and Exchange Commission. On Twitter, Musk denied that the company is seeking outside investors, which suggests that he may

Munich’s team achieves 201mph to win SpaceX’s 2nd Hyperloop competition

By : CIOL Writers

Slowly but steadily, Elon Musk is inching closer towards realizing his dream of ‘third wave of transportation’ when humans and cargo will travel at the speed of an aircraft between cities hundreds of miles apart using magnetic levitation technology. Marking another feat

Elon Musk teases first look of the SpaceX space suit

By : CIOL Writers

Elon Musk has revealed the first official photo of the SpaceX space suit on his Instagram. “First picture of SpaceX spacesuit. More in days to follow,” he wrote. “Worth noting that this actually works (not a mockup). Already tested to double

Tesla working on self-driving technology for electric semi truck: Report

By : CIOL Writers

Tesla is working on self-driving technology for its forthcoming electric semi truck, according to a Reuters report. The report, citing Tesla’s correspondence with Nevada Department of Motor Vehicles (DMV), says that the technology would allow the electric semi truck to

Tesla looking to raise $1.5bn to boost Model 3 production

By : CIOL Writers

Tesla is looking to raise about $1.5 billion in bond offerings as the electric car manufacturer ramps up the production of its Model 3 sedan. “We plan to offer senior notes due in 2025 and would use the offering’s proceeds

Tesla posts better than expected revenue in Q2

By : CIOL Writers

Tesla posted $2.79 billion in revenue for Q2, beating Wall Street’s estimates, as deliveries of its high-end all-electric Model S sedans and sports utility vehicle Model X continued to grow. The Silicon Valley carmaker said it lost $336.4 million, or $2.04 a share,

It’s Elon Musk vs Mark Zuckerberg with AI in focus

By : CIOL Writers

The Silicon Valley tech leaders usually maintain a decorum and avoid engaging in public debates about controversial topics. But looks like AI might have blown that cover and brought in two chief executives- Elon Musk and Mark Zuckerberg in the

Tesla adds James Murdoch and Linda Johnson Rice to its board of directors

By : CIOL Writers

Tesla has announced that it has added two new independent directors to its board including 21st Century Fox CEO James Murdoch and Linda Johnson Rice- the CEO of Johnson Publishing Company and Ebony Media Operations. The appointments expand Tesla’s board to

The X-Factor: Elon Musk is the proud new owner of X.com

By : CIOL Writers

No, we aren’t talking about the British music reality show The X-Factor here and neither the above-mentioned URL has got any thing to do with it. The news here is that Elon Musk has bought the domain name- X.com but

Tesla CEO Elon Musk unveils his latest possession, the Model 3

By : CIOL Writers

Elon Musk, the CEO of Tesla has finally got possession of the long-awaited mass market electric car Model 3. The CEO tweeted pictures of the new vehicle, which he only got because the actual first pre-order customer gifted Musk his place

Elon Musk’s first tunnel is all set to go live this week

By : CIOL Writers

Elon Musk’s ‘boring’ plans (pun unintended) are finally coming to fruition as The Boring Company is done carving out its first segment. Musk announced the news on Twitter, where he said “Godot,” the Samuel Beckett inspired name of the company’s

Tesla may soon come up with its own music streaming service

By : CIOL Writers

Tesla, the electric carmaker, is planning to create its own music streaming service, according to a report from Recode. Apparently, Tesla CEO Elon Musk is in talks with major music labels about creating a streaming service that would come bundled

In a shareholder meeting, Tesla CEO Elon Musk talks about Model Y, drops first teaser

By : CIOL Writers

At the annual shareholder meeting, Tesla CEO Elon Musk released a teaser about an upcoming all-electric crossover vehicle – Model Y. According to the teaser, Model Y seems a lot bulkier and more strongly built than its previous models. Musk

SpaceX to put on the detective hat for the US Airforce

By : CIOL Writers

SpaceX is getting into some serious detective job. After shooting a spy satellite for the National Reconnaissance Office (NRO) in May, SpaceX is gearing up to launch a reusable X-37B mini space shuttle for the US Airforce. The mission was

SpaceX makes history with successful launch of used Dragon spacecraft

By : CIOL Writers

In a historic first, a used spacecraft was successfully launched to deliver cargo to the International Space Station (ISS). SpaceX’s CRS-11 launch on Saturday was a milestone for the commercial space industry as it launched a Dragon spacecraft that was previously used in a September