Hyperloop One, a Los Angeles company developing a futuristic transit system, has raised an additional US$50 million ahead of a full-scale test of the technoogy in the first quarter of 2017, Reuters re ...More
EJ Insight2016-10-14
Tesla Motors Inc. shipped 24,500 vehicles in the third quarter, topping analysts’ estimates. That came after chief executive officer Elon Musk urged employees to boost sales during the period ahead of ...More
EJ Insight2016-10-03
Tesla Motors is updating its semi-autonomous driving system Autopilot with new limits on hands-off driving and other improvements in a bid to enhance the safety and prevent accidents. Chief Executive ...More
EJ Insight2016-09-12
A rocket owned by Elon Musk's SpaceX blew up on a launch pad at Cape Canaveral in Florida on Thursday, destroying a satellite that Facebook planned to use to expand internet access across Africa. Spac ...More
EJ Insight2016-09-02
Tesla Motors Inc. is planning to raise money to help fund development and production of its new Model 3 sedan and build out a massive battery factory amid a severe cash crunch. Reuters is reporting th ...More
EJ Insight2016-09-01
US antitrust regulator has cleared Tesla Motors' planned purchase of solar panel installer SolarCity Corp., taking entrepreneur Elon Musk closer to his goal of merging disparate parts of his business ...More
EJ Insight2016-08-26
Tesla Motors Inc. has unveiled the world's fastest production car -- a zero-60 mph scorcher in just 2.5 seconds. Chief executive Elon Musk said the company is offering a larger upgraded battery pack f ...More
EJ Insight2016-08-24
A driver killed in the May 7 crash of a Tesla Motors Inc. car while using Autopilot driving-assist software was exceeding the speed limit, US highway safety investigators said in a preliminary report ...More
EJ Insight2016-07-27
Tesla Motors Inc. will not scrap the autopilot function of its electric cars despite a fatal crash involving its top-selling Model S sedan. Instead, chief executive Elon Musk is promising to redouble ...More
EJ Insight2016-07-13
Elon Musk's Tesla Motors Inc. said it has made an offer to acquire solar panel maker SolarCity Corp. in an all-stock deal worth as much as US$2.8 billion, as the maker of electric cars looks to expand ...More
EJ Insight2016-06-22
Tesla Motors has inked a non-binding agreement with a Shanghai government-owned firm to set up a production base in the city, Bloomberg reported, citing a source with knowledge of the matter The US e ...More
EJ Insight2016-06-21
It will be made with materials found more commonly in business jets and mega yachts and it will compete with Tesla on price and performance. When China's Qiantu Motor rolls out the K50 E-Roadster next ...More
EJ Insight2016-06-06
A slew of student suicides recently has highlighted the issue of study-related stress in Hong Kong. While teachers and social workers can do more to ease the problem, a change in Hong Kong-style paren ...More
EJ Insight2016-06-03
Tesla Motors Inc. will charge buyers of its lower-cost Model 3 electric car for use of its fast-charging Supercharger system, the Wall Street Journal reports. Chief executive Elon Musk told shareholde ...More
EJ Insight2016-06-02
Tesla Motors Inc.'s market capitalization has reached US$31 billion, equivalent to US$620,000 for every car it delivered last year, or US$63,000 for every car it hopes to produce in 2020, Reuters said ...More
EJ Insight2016-05-04
Elon Musk's space transport company has announced plans to send its unmanned Dragon spacecraft to Mars as early as 2018, Bloomberg reports. SpaceX, which made the announcement via Twitter on Wednesda ...More
EJ Insight2016-04-28
Billionaire entrepreneur Elon Musk has been supporting his technology businesses by buying their bonds and taking out personal loans to acquire their shares. He has been the biggest purchaser of the b ...More
EJ Insight2016-04-28
Two entrepreneurs at a startup company in Hong Kong have raised nearly HK$200 million (US$25.8 million) from crowdfunding website Kickstarter and venture capital funds to produce smart coffee machines ...More
EJ Insight2016-04-13
Tesla Motors Inc. is recalling 2,700 Model X sport utility vehicles to repair the third-row seats after strength tests found a potential problem. It's the first such action for the SUV "out of an abun ...More
EJ Insight2016-04-12
Tesla Motors Inc. is promising investors it will start making money this year and will no longer be burning cash. Chief executive Elon Musk told a conference call the company is determined to cut cost ...More
EJ Insight2016-02-11
