Elon Musk

Tesla to bring back second production shift to meet ‘high demand’ for refreshed Model S/X

Tesla to bring back second production shift to meet ‘high demand’ for refreshed Model S/X

Elon Musk, founder & chief executive of Tesla Motors, has announced that the electric vehicle major will increase production with a second shift in order to meet high demand that is has receive

Tesla’s primary focus continue to be on Model 3

Billionaire innovator Elon Musk has confirmed that Tesla is still working on an electric semi truck, but stressed that the company's primary focus for this year will continue to be on the Model 3.

With the electric semi truck dubbed "Tesla Semii," Tesla wants to appeal to a larger audience. If the company successfully manages to place an electric semi truck in the cargo industry, then the costs of shipping can be significantly decreased globally.

Tesla rolls out Autopilot update to 1,000 new cars

Tesla CEO Elon Musk has confirmed that the e-car company is testing Autopilot safety features through a software update rolled out to one thousand vehicles that have been built with fully-autonomous hardware.

After October 2016, Tesla built its e-cars with fully-automated hardware, called "Hardware 2." The new update equipped these vehicles with the Autopilot semi-autonomous features. These vehicles will eventually become fully self-driving. The update also added a few Autopilot safety features to the vehicles.

Tesla CEO Elon Musk wins shareholders’ approval for SolarCity acquisition

On Thursday, electric vehicle manufacturer Tesla Motors' CEO Elon Musk closed a stock swap deal for the acquisition of beleaguered residential solar energy system installer SolarCity.

The SolarCity acquisition deal, worth approximately $2 billion, was closed by Musk after Tesla shareholders -- assembled at the company's manufacturing facility in Fremont, California -- gave their approval to the move on Thursday.

Starting next year, Tesla will give up on free charging at Supercharger stations

In a Monday announcement, electric vehicle maker Tesla has revealed that, with effect from January 2017, the company will give up on free charging at its international network of Supercharger stations.

The announcement implies that, from next year onwards, charging at Tesla's Superchargers will not be free any more. As such, new Tesla buyers who want to plug in their electric vehicles at the Superchargers will have to pay a fee.

Cost of Proposed Hyperloop Linking Helsinki to Stockholm will be $21 Billion

Still under its developmental stage, Hyperloop, a high-speed system of depressurized tubes that will help transport people and packages have grabbed attention of the world.

It was popularized for the first time by Tesla Motors CEO Elon Musk in 2013. Though it has not been tried but in thory it can send people through the tube at a speed of up to 760 mph.

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