Elon Musk

Tesla Motors unveils Tesla Energy

Tesla Motors unveils Tesla Energy

Electric cars and electric vehicle powertrain components manufacturer Tesla Motors has recently launched Tesla Energy. The company will provide storage systems or batteries for homes, companies and utilities that will increase its business beyond electric vehicles and tap into a fast-growing area of the energy industry.

According to Chief executive Elon Musk, aim of the company was to basically change the way the world uses energy on an extreme scale. The products were introduced by Musk to crowd of business partners and journalists at a Tesla facility near Los Angeles.

Elon Musk reveals Powerwall Home Battery

Elon Musk reveals Powerwall Home Battery

Tesla Motors CEO Elon Musk has launched Powerwall home battery and the company is already offering the devices to SolarCity Corp.'s customers looking for backup supply at the time the grid go down. It is expected that SolarCity will deliver them in October.

It is a new stackable battery system meant to store electricity for homes, businesses and the grid. It is a product that the company will shortly bring in billions of dollars in annual revenue.

Musk, also chairman of the San Mateo-based solar supplier, revealed that the home battery version is not expensive. Powerwall costs $3,500 for a 10-kilowatt-hour version that will enable to run a handful of home appliances for a few days in case of an outage. Particularly, that doesn't involve the cost of the inverter or installation.

Exxon earns $4.94 billion in First Quarter

Exxon earns $4.94 billion in First Quarter

Tesla Motors CEO Elon Musk has launched Powerwall home battery and the company is already offering the devices to SolarCity Corp.'s customers looking for backup supply at the time the grid go down. It is expected that SolarCity will deliver them in October.

It is a new stackable battery system meant to store electricity for homes, businesses and the grid. It is a product that the company will shortly bring in billions of dollars in annual revenue.

Musk, also chairman of the San Mateo-based solar supplier, revealed that the home battery version is not expensive. Powerwall costs $3,500 for a 10-kilowatt-hour version that will enable to run a handful of home appliances for a few days in case of an outage. Particularly, that doesn't involve the cost of the inverter or installation.

Tesla Motors to Unveil its Plans about Investing in Charging Infrastructure

Tesla Motors to Unveil its Plans about Investing in Charging Infrastructure

US electric carmaker Tesla Motors is planning to make a big investment in charging infrastructure throughout Japan.

Elon Musk, CEO of the company told the Nikkei in an interview that all the charging stations will be either directly or indirectly solar powered.

He said, "We'll buy utility power that's coming from solar panels, or we'll have solar panels on the charge station itself. There will be no impact to the electrical grid in Japan".

The much highly anticipated Tesla announcement scheduled for Thursday night raised the company's shares by 7%.

So far, very little details as to what Tesla CEO Elon Musk will announce are known to people, but still there are major clues available.

Elon Musk explains Why Latest Rocket Landing attempt failed

Elon Musk explains Why Latest Rocket Landing attempt failed

SpaceX’s latest attempt to land a rocket in one piece at sea had failed and SpaceX Elon Musk has now revealed few details to explain the failure. The launch of Falcon 9 rocket was successful as it carried a cargo of supplies for astronauts living at the International Space Station, but the attempt to land it smoothly back on earth did not yield desired results.

Musk said slower than expected throttle valve response was responsible for hard landing of the rocket. SpaceX will make next landing attempt within two months.

Tesla Motors to unveil major new Tesla product line next month

Tesla Motors to unveil major new Tesla product line next month

Elon Musk, chief product architect of Tesla Motors tweeted that the company would introduce a major new product line next month. Musk tweeted that the new product line will be revealed at Hawthorne Design Studio on Thursday 8pm, April 30. Shares in the electric car company jumped 3% to $190.97 on the news.

Some reports mentioned that the product might be a home battery based on a technology used in the Tesla vehicles. Musk has spoken about it during a February earnings call.

At that time, he said, "We're going to unveil some of the Tesla home battery or consumer battery that will be for use in people's houses or businesses, fairly soon. We have the design done, and it should start going into production probably in about six months or so".

SpaceX Photos are now available into the Public Domain, says Elon Musk

SpaceX Photos are now available into the Public Domain, says Elon Musk

SpaceX has launched its first deep space mission last month, when the Falcon 9 rocket carried the Deep Space Climate Observatory (DSCOVR) satellite into orbit.

During the mission, remarkable images were taken and some were made public, but some commentators noted a possible downside to the new era of privately-funded space exploration.

The photographs produced by every NASA mission can be put in the public domain but the same can’t be done in the case of SpaceX photos.

Usually, NASA photos are put into public domain by default, because the works that are created by the US federal government or its employees can't be copyrighted.

Tesla to cut jobs in China

Tesla to cut jobs in China

The electric-car maker Tesla Motors will cut jobs in China due to disappointing sales in the country. The company led by entrepreneur Elon Musk has gone through a trademark dispute, and it is still battling to convince Chinese customers to buy electric cars made by the company.

As per a China-based newspaper, the automaker will reduce staff count by about 30%. While confirming the job cuts, Gary Tao, spokesman of the company, said that the company has been reducing staff since early this year. The layoff is a part of a larger restructuring plan. Much of the plan has already been implemented and the current team of the company is ‘strong and steady’, Tao added.

78 Job Openings at Tesla Motors’ New Stationary-Storage Unit

78 Job Openings at Tesla Motors’ New Stationary-Storage Unit

’s Tesla Motors has listed 78 job openings in its new stationary-storage unit. The new unit of the company will make battery packs and will also help the company to expand his range beyond the electric vehicles for providing energy to homes, businesses and utilities.

The job openings can be seen on the company’s website. These openings are for the storage team, including several engineers, chief counsel, a regulatory and policy advocate and an installation project manager.

After having a close look at Tesla’s filings and presentations, it is clear that the growth trajectory has been quite progressive and bright in the segment.

It is comparatively easier and quick to make batteries for the stationary storage devices rather than making cars, as they are more long-term investment.

Robots could wipe out human population like spam, says Elon Musk

Melbourne, Oct 13 - Elon Musk recently said during an event that he thinks robots could wipe humans like spam".

He also tried to warn that AI (Artificial Intelligence) is developing at a speed so rapid, that humans will eventually be caught out, News.com.au reported.

The 43 year old quoted movies like I, Robot and Terminator, saying they could come true.

Musk has tried to warn the world of artificial intelligence earlier too. In August this year he tweeted saying that AI could potentially be more dangerous than nuclear weapons.(ANI)

Tesla opens new showroom in Bay Area

Tesla MotorsElon Musk led Tesla Motors has opened its new showroom in Palo Alto to expand its presence in the Bay Area to attract more customers to the brand.

Hundreds of people gathered at opening of America's newest Tesla store, which is located not far from the Stanford University and Google's campus, to take pictures of the models and the shiny new showroom. The new 27,000 square foot retail outlet will be the fifth location in the Bay Area beasides stores and service centres at Santana Row in San Jose, Fremont, Burlingame and San Rafael.

Musk posts update on twitter to look for ‘Autopilot’ car engineers

Musk posts update on twitter to look for ‘Autopilot’ car engineersElon Musk, the head of Tesla Motors, has taken to micro blogging site Twitter to look for the engineers for working on the company's auto pilot car project.

Tesla Motors now producing 500 Model S vehicles a week

Tesla Motors now producing 500 Model S vehicles a weekTesla Motors has started producing more than 500 Model S vehicles a week and is working to expand production to meet its targets.

Elon Musk, founder and CEO of Tesla Motors said, "Our big issue is raising production. We don't want to be complacent about demand, but our goal is to increase the pace of production. By the end of next year we want to do 40,000 annually."

Elon Musk’s Hyperloop idea getting ridiculed

Elon Musk’s Hyperloop idea getting ridiculed Billionaire Elon Musk recently announced an ambitious plan for the creation of a special train dubbed Hyperloop, which would consume just half and hour to carry passengers from Los Angeles to San Francisco and vice versa.

But, a number of people and experts have started raising questions on the feasibility of such a futuristic transportation project.

Elon Musk to release Hyperloop on August 12

Elon Musk to release Hyperloop on August 12Elon Musk, the billionaire chairman and chief executive officer of electric-vehicle maker Tesla Motors, has said that he will release anew new mass transit method on 12 August, 2013 that will revolutionize the entire mass transit industry.

Tesla Motors changes financing strategy for electric sedan

Tesla Motors changes financing strategy for electric sedanSouth African billionaire Elon Musk led Tesla Motors is planning to change the financial strategy for its Model S electric sedan following concerns that the plan surpassed potential cost savings.

Musk said that the company will work to ensure that Model S resale value is the highest of any premium sedan brand on the market. The company will now allow customers to replay loans in 72 months to repay the loan instead of

PayPal co-founder announces `futuristic` Mars city bid

Elon-MuskLondon, Jan 7 : PayPal co-founder Elon Musk is planning to construct a small city on Mars for 80,000 space explorers.

The 41-year-old businessman, whose Falcon 9 rocket delivers NASA cargo to the International Space Station, said that the new civilisation would run off sustainable technology and cater only to vegetarians, the Sun reported.

Speaking to the Royal Aeronautical Society, Musk revealed that he had been waiting for ten years to share his vision.

Musk planning to build city for vegetarians in Mars

Musk planning to build city for vegetarians in MarsElon Musk, the billionaire co-founder of PayPal and private space entrepreneur, has said that he is planning to build a small city in Mars for vegetarians.

The city for 80,000 space explorers will be a futuristic settlement on the red planet. He indicated that the new city will run on advanced technologies and will only be suitable for vegetarians.

Elon Musk: Tesla not violating the law

Elon Musk: Tesla not violating the lawIn response to the two recent lawsuits filed against electric car maker Tesla, questioning the company's right to sell cars straight to customers and not through dealerships, the automaker's co-founder Elon Musk has said that the in-question move by Tesla does not violate the law.

Elon Musk: Tesla working on crossover SUV and Roadster replacement

Elon Musk: Tesla working on crossover SUV and Roadster replacementTesla founder Elon Musk has recently hinted, during a conversation with Wired, that the automaker's fourth and fifth cars will apparently include a crossover SUV and a Roadster replacement; but those interested in getting behind the wheel of these vehicles will probably have to wait till their planned 2016 launch.

According to the details shared by Musk with Wired, the first vehicle on the agenda of the electric car company is the 2015 model of a $30,000-priced sedan which, Tesla is hopeful, will widen its audience significantly.




Check out More news from Recruitment News :: Admissions :: Exam Results :: Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Syndicate content