As Elon Musk celebrates his 48th birthday on Friday, the Tesla CEO will be doing a little more than the traditional birthday celebration. Musk tweeted about his birthday plans, which will focus heavily on the logistics of his company. Musk was asked by a Twitter user what exactly his birthday plans would consist of this week. Musk, who is known to keep his business at the forefront of his agenda, responded as anyone would have expected. The Twitter user, Reagan Beck, casually asked the CEO, "Any big birthday plans? Or just relaxing w/ family?" Musk responded by saying, "Working on Tesla global logistics." Beck wasn't satisfied with the answer and prodded Musk a little more. He said, "You need time off too, don't you? (Yesss... even you)." Musk replied with, ":(" giving the indication that work definitely must come first. Tesla's logistics could be the key that Musk is looking to boost its vehicle delivery numbers for Q2. Musk blamed poor logistics for the company's low delivery numbers … [Read more...] about This is how Elon Musk will celebrate his 48th birthday
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At an annual shareholder's meeting this past week, Tesla CEO Elon Musk said that his company is working on a new car model, which was inspired by the 1977 James Bond film "The Spy Who Loved Me.""I think the market for this would be small, but fantastic," Musk said at the meeting.The automobile will not only be able to drive on roads but also go under water. In "The Spy Who Loved Me," fictional British secret service agent James Bond drove a Lotus Esprit sports car that also served as a submarine.Musk bought the Lotus Esprit in 2013 from the film for $800,000, but he was "disappointed" when he found out the automobile couldn't transform into a submarine in real life."It was amazing as a little kid in South Africa to watch James Bond in 'The Spy Who Loved Me' drive his Lotus Esprit off a pier, press a button and have it transform into a submarine underwater," Musk told USA Today in 2013.Since then, Musk has toyed with the idea of building an aquatic car.Musk's current projects to soon be … [Read more...] about Elon Musk announces James Bond-like submarine car design
Multi-billionaire Elon Musk's real net worth, like his personality, is volatile and mercurial.Probably the best known billionaire in the world (and undoubtedly the most covered by the news and social media), Musk and his exact wealth are a matter of speculation because he lives such an un-billionaire type existence.For one, Musk has no guaranteed multimillion dollar annual salary plus stock options and perks from Tesla Inc. Musk has a $56,000 monthly salary from Tesla but hasn't drawn this salary even once. Seems Musk relies on his salaries and perks from his other businesses such as SpaceX, The Boring Company, OpenAI and Neuralink to get by.But here's what we know about Musk's wealth. Forbes estimates his "real time net worth" as of May 15 at $19.5 billion. That's good for Number 40 on Forbes' billionaires list. CNBC places Musk's net worth at about $23.6 billion (no mention of a time frame).And here's why it's tough placing an exact number on Musk's wealth.In January, Tesla announced … [Read more...] about Elon Musk net worth: How much is Tesla, SpaceX CEO worth?
Tesla Founder and CEO Elon Musk could not hold his displeasure over Warren Buffett's remarks that selling insurance is not Tesla's cup of tea, leading to a couple of tweets related to the billionaire investor.The Berkshire Founder and CEO Buffett, during the Berkshire Hathaway annual meeting last week, said insurance is not an easy business."The success of the auto companies getting into the insurance business is probably as likely as the success of the insurance companies getting into the auto business," he told shareholders.In an earnings call with analysts in April, Musk revealed his plans to launch an insurance product later in May."I'd bet against any company in the auto business" getting into insurance, CNBC quoted Buffett as saying.This led Musk to issue a series of tweets on Sunday. The Tesla CEO first tweeted a link, asking his followers to order Tesla Model 3, which is cheaper than a Honda Accord.He then sent a playful tweet, claiming that Tesla is "also 1,000 more fun" than … [Read more...] about Buffett says Tesla can’t sell insurance, Musk hits back
Tesla and SpaceX CEO Elon Musk has been selected to receive the Stephen Hawking Medal for his “astounding accomplishments in space travel and for humanity”. The STARMUS Festival announced the 2019 winners of the Stephen Hawking Medal for science communication on May 10. Joining Musk as award-winners are Brian Eno and documentary Apollo 11 by Todd Douglas Miller. Eno is rewarded for his contribution to the popularization of science, while the documentary is noted for presenting a breakthrough look at history’s most famous space mission. According to Mashable, “SpaceX is known for building next-generation rockets that have launched satellites and delivered supplies to the International Space Station”. Commenting on Eno, fellow musician Peter Gabriel said, “Brian has often created the doorway through which the avant-garde enters the mainstream. He has been the creator of ambient and now evolutionary musical forms, challenging the role, nature and … [Read more...] about Elon Musk, Brian Eno to receive Stephen Hawking Medal