"Persistence is very important. You should not give up unless you are forced to give up."
Elon Musk News
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TESLA MODEL 3 RESERVATIONS REACHED OVER 400,000 BASED ON CASH FLOW 🚗3⃣💰 August 9th 2016
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Featured Quote
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"Persistence is very important. You should not give up unless you are forced to give up."
— Elon Musk
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Sponsored Link
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Our giveaway to win a signed Elon Musk photo is about to end. And remember, each person you refer gets you an extra 10 entries! Click here to enter |
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Elon Musk News
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The YouTube channel Cold Fusion recently released a video about Elon Musk. It is very well done, and highly recommended if you are just starting to learn about who Elon Musk is, and what he's done.
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SpaceX
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The Air Force said it chose ULA due to the timing and complexity of the integration of the satellites to the rockets, unique requirements, and the need to have a certified launch vehicle by the award date. ULA is "currently the only responsible source," the notice said.
But SpaceX, which sued the Air Force in federal court in 2014 for the right to compete for national security missions, said it understood the Air Force's decision. "These particular missions had very specific technical requirements," John Taylor, a SpaceX spokesman said in an email to SpaceNews. "We worked closely with the DoD and the USAF on this action and decided jointly it was the right approach."
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SpaceX is lining up its next two missions, with Falcon 9 hardware currently in pre-launch preparations for launch. In Florida, the Falcon 9 tasked with the JCSAT-16 launch is preparing for a Static Fire test on August 10, while at SpaceX's test center in Texas, the Amos-6 first stage is on the stand ready for its own engine firing ahead of shipping to the Cape.
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Tesla
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While it's understandably suspicious that Tesla doesn't want to update the official Model 3 reservation tally and it still refers to the 373,000 number reported in May, the company could be waiting to reach a certain round number before updating, like 500,000.
As mentioned, based on the reported cash flow from customer deposits, it's difficult to imagine Tesla holding less than 400,000 reservations for the Model 3 at the moment, likely inching closer and closer to 500,000.
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You might have read headlines over the weekend claiming that Tesla announced possible delays and higher cost for its Gigafactory in Nevada. Big Media Titans Reuters and CNBC pushed the headlines as if it was breaking news Friday night after Tesla released its 10-Q SEC filing for the second quarter 2016.
Some even claimed that Tesla released the news on Friday night in an attempt to bury it, something not unusual in the industry. The only problem is that it's not breaking news. Not even close. It's actually at least 3 months old.
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Tesla says it will arrive in late 2017, but in its latest issue, the popular automotive magazine Car and Driver claims the Model 3 will not arrive until late 2019, 2 years late. Car and Driver, and many others, might expect that it will be pushed further, but that's simply based on the fact that Tesla had delays before, and therefore, it should have delays again.
While some healthy skepticism on Tesla hitting the "late 2017" target is good, I think assuming that anyone would have a better idea than Tesla on when the Model 3 will hit the market is foolish.
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"A little past Highlandville it just hit where it was the most excruciating pain I've ever had." He didn't realize he was having a pulmonary embolism. Neally says he was writhing in pain, and totally distracted from driving. "I just knew I had to get there, to the ER," says Neally. So he trusted the self-driving Tesla to stay on the road, until it got near a hospital. Josh was able to drive himself the last couple of blocks to the ER.
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After Tesla released a new version of its flagship sedan last year, the Model S P90D with Ludicrous mode, Motor Trend reported that it managed to run a quarter-mile in 10.9 seconds – making the Model S one of the rare '10- second cars' and probably the first production 4-door sedan to make it.
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Hyperloop
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Hyperloop One, a Los Angeles-based startup developing the technology for the Hyperloop high-speed transportation system, is interested in building a Hyperloop that can travel underwater.
Peter Diamandis, a Hyperloop One board member and CEO of the X-Prize Foundation, told Business Insider that the startup is interested in using Hyperloop to transport cargo to ports 10 miles off shore. "We've been talking to a lot of the port authorities around the world about re-engineering their ports in this kind of fashion," he said.
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OpenAI
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OpenAI, an Elon Musk-backed project studying the way artificial intelligence will affect us in the future, said in July that the technology can pose a risk. "An early use of AI will be to break into computer systems," OpenAI wrote. "We'd like AI techniques to defend against sophisticated hackers making heavy use of AI methods."
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This Is The End
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Did you enjoy this issue? Yes / No
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