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
Elon musk and tesla
For Mr Elon Musk and Tesla Inc, the blows from Wall Street came one after another this past week - a relentless barrage that left the stock so hammered that some in the market now wonder if it can ever regain its status as the ultimate 21st century disrupter.Morgan Stanley threw the biggest blow, declaring that, in a worst-case scenario, Tesla's shares - which closed at US$190.63 on Friday - could sink to US$10. Please subscribe or log in to continue reading the full article. Learn more about ST PREMIUM. Enjoy unlimited access to ST's best work Exclusive stories and features on multiple devicesIn-depth analyses and opinion piecesePaper and award-winning multimedia content Subscribe Now … [Read more...] about Bursting of the Tesla stock bubble
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 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
REUTERS: A U.S. judge on Friday said Elon Musk must face a defamation lawsuit by a British diver who said he was falsely branded a pedophile and child rapist by the chief executive of electric car company Tesla Inc.U.S. District Judge Stephen Wilson in Los Angeles said a reasonable jury could conclude that Musk's comments were more than merely opinions, and scheduled a trial for Oct. 22.The judge had on April 26 denied Musk's bid to dismiss the lawsuit brought by diver Vernon Unsworth, without explaining his reasoning.Musk's lawyers did not immediately respond on Friday to requests for comment.Unsworth, who said in his lawsuit he shared a house in the Thailand countryside with a 40-year-old woman who owned a nail salon, was part of a team that helped rescue 12 boys and their soccer coach from a Thailand cave last July 10.He said he became a target for Musk after saying on CNN that a mini-submarine offered for the rescue by Musk from his company SpaceX, where he is also chief executive, … [Read more...] about Trial date set for Elon Musk’s ‘pedo guy’ tweet