Category: elon musk
Tesla’s quarterly profit surpasses $1 billion
Tesla reported Monday an eye-popping $1.14 billion in net income in the second quarter, results that blew past analyst expectations and marked the first time the company’s quarterly profit (on a GAAP basis) has passed the three-comma threshold. The results pushed shares up more than 2.2% in after-hours trading. Tesla…
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SpaceX delivers 88 satellites to orbit, lands first stage onshore for first time in 2021
SpaceX launched 85 satellites for external customers, as well as three Starlink satellites, to orbit on Tuesday, marking the second successful launch of the company’s dedicated rideshare missions. While the Transporter-2 mission will deliver fewer objects to space than the first rideshare mission (the Transporter-1 sent up 143 satellites, a…
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Elon Musk officially hits the brakes on Tesla Model S Plaid+
Tesla CEO Elon has made it official and publicly cancelled plans to produce the Model S Plaid+, a supercharged version of the upcoming Plaid version of the electric vehicle that will be delivered to the first customers this month. Musk’s reason: Plaid is so good that another variant isn’t needed.…
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In search of a new crypto deity
Hello friends, and welcome back to Week in Review! Last week, I wrote about tech taking on Disney. This week, I’m talking about the search for a new crypto messiah. If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter page, and…
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The financial pickle facing Elon Musk’s Las Vegas Loop system
Restrictions put in place by Nevada regulators are making it difficult for The Boring Company (TBC) to meet contractual targets for its LVCC Loop, Elon Musk’s first underground transportation system. The Loop system at the Las Vegas Convention Center (LVCC) is supposed to use more than 60 fully autonomous high-speed…
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Tesla has activated its in-car camera to monitor drivers using Autopilot
Tesla has enabled the in-car camera in its Model 3 and Model Y vehicles to monitor drivers when its Autopilot advanced driver assistance system is being used. In a software update, Tesla indicated the “cabin camera above the rearview mirror can now detect and alert driver inattentiveness while Autopilot is…
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