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The car batteries used in a Tesla generate as much CO2 as driving a gasoline-powered car for eight years. And that’s before they even come off the production line. This news, from a study by the Swedish Environmental Research Institute, will no doubt delight all those U.S. taxpayers who have been forking out billions of dollars to prop up Tesla’s share price having been assured by their government that subsidizing overpriced electric cars represents a vital step towards “combatting climate change.” The report, commissioned by the Swedish Transport Administration and the Swedish Energy Agency, cannot easily be dismissed because it...

Sen. Ted Cruz (R-TX) ripped into Tesla CEO Elon Musk Thursday night for his use of a private jet after the tech billionaire tweeted his disapproval of President Trump pulling out of the Paris Climate Accord. Musk, the CEO of Tesla and SpaceX, took to Twitter to announce that he would be departing from all future presidential councils in protest of President Trump’s decision to pull the U.S. out of the Paris Climate Accord. He assured his followers that global warming is real and that leaving the Paris accords is “not good” for America or the world. Hours later, Cruz...

Elon Musk, the CEO of Tesla and SpaceX, threatened to leave two White House advisory councils should President Trump pull the U.S. out of the landmark Paris Climate Agreement. Musk said he will have “no choice” but to depart the councils if Trump makes the decision. Don't know which way Paris will go, but I've done all I can to advise directly to POTUS, through others in WH & via councils, that we remain.............

Elon Musk is threatening to resign from President Donald Trump’s business advisory panel if he extracts Americans from the Paris Climate Agreement which indirectly subsidizes Musk’s multiple billion-dollar business projects. The Wednesday threat came after news reports announced that Trump has decided to quit the 2016 agreement, which critics say would increase energy costs for U.S. consumers, factories and workplaces. The threat was delivered via a pair of tweets from the entrepreneur, who has skillfully harnessed a variety of federal regulations to subsidize his Tesla electric-car company, his SolarCity energy company, and a Nevada battery factory. Trump is under huge...

While President Donald Trump is keeping everyone in suspense, a White House official said Wednesday morning that Trump will formally withdraw the United States from the Paris climate change agreement. ... Why is Trump pulling out? Trump has repeatedly dismissed human-caused climate change as a “bulls---” “hoax” invented by the Chinese to undercut U.S. manufacturing, and those who urged him to exit virtually all believe that scientists’ warnings of more extreme weather and rising seas are overblown. Trump also has said that U.S. coal, oil and manufacturing companies are disadvantaged by efforts to reduce carbon emissions. While the question of...

With Trump reportedly set to leave the Paris Climate Deal, this has prompted one of Trump’s “advisors”, Elon Musk, to tweet moments ago that he has done “all he can” to advise “directly to POTUS, through others in WH & via councils” that the U.S. remain in the Paris climate deal. And, in response to a Twitter user asking him what he will do if Trump decides to leave the climate deal, Musk tweets “we will have no choice but to depart councils.”(snip)

LOS ANGELES (KABC) -- He's conquered the streets with electric cars, and he's leading the commercial race to space, but that's not enough for Elon Musk. Billionaire Musk spoke at a TED Talks conference and gave the first glimpse of the traffic-beating underground tunnels he hopes to create. The SpaceX and Tesla CEO plans to build the network of tunnels with his latest venture, The Boring Company. Construction was well underway at the Hawthorne-based business on Friday. AIR7 HD was overhead as crews worked on the early designs of a tunnel-digging machine with The Boring Company logo. Here's how it...

Wealthy investor Doug Derwin is spending a lot of his own money in an attempt to convince billionaire Elon Musk to step down from President Donald Trump’s business advisory council. Why? He doesn’t like Trump and doesn’t think business leaders should embrace the president because, well, he opposes him politically. Whatever the reason, it doesn’t matter; he’s opened the bank vault and is spending liberally to pressure Musk, who may or may not eventually capitulate. Whatever eventually comes of the pressure, President Trump should not wait to see if Musk will cave and remove him now. Nothing against Elon Musk, he’s...

Billionaire entrepreneur Elon Musk on Thursday confirmed plans for his newest company, called Neuralink Corp., revealing he will be the chief executive of a startup that aims to merge computers with brains so humans could one day engage in “consensual telepathy.” Speaking to writer Tim Urban on the explainer website Wait but Why, Mr. Musk confirmed a Wall Street Journal report last month that Neuralink aims to implant a tiny brain...

he first tests of Elon Musk's revolutionary high-speed transport system could begin soon after Hyperloop One, one of 12 companies competing to make the idea a reality, completed its test track. The company has finished work on its 500 metre long testing tunnel, which is situated in the Nevada desert, near Las Vegas, and has a diametre of 3.3 metres. It is expected to run initial trials on the near-supersonic speed train in the first half of this year. Hyperloop One announced the news alongside 11 proposed routes for the super-fast transport, all of which are in the US. The...

Elon Musk announced plans to start digging a traffic-easing tunnel under Los Angeles “in a month or so”, but city planning bodies say he doesn’t yet have permission.The SpaceX and Tesla CEO has been mulling the idea since December, when he revealed his frustrations with congestion in the city. “Traffic is driving me nuts. Am going to build a tunnel boring machine and just start digging,” he said on Twitter.“It shall be called The Boring Company,” he added. “Boring, it’s what we do.”At the time it wasn’t clear whether he was joking, but today’s announcement suggested he was not. Elon...

Opening his first official week in office, President Donald Trump warned business leaders Monday that he would impose a “substantial border tax” on companies that move their manufacturing out of the United States, while promising unspecified advantages to companies that manufacture domestically. “All you have to do is stay,” he said during a morning meeting in the White House’s Roosevelt Room. Tesla CEO Elon Musk and Marillyn Hewson of Lockheed Martin were among the executives who attended the meeting. The gathering kicked off a jam-packed day for the new president, including an evening reception with lawmakers from both parties and...

In a Trump administration, which is focused on economic prosperity, job creation, and sovereignty, Elon is going to have to shelve some of his progressive ideals that were rejected in this past election and embraced by the very people he could one day employ—-without tax-payer subsidies? Time will tell. Trump doesn’t seem to be the right guy. He doesn’t have the sort of character that reflects well on the United States. —Elon Musk President-elect Donald Trump has put together a strong list of appointees to serve in his new administration. Many of his appointees have been his longest and most...

To be fair, the list is 13 risks long and it’s mostly populism driven. But there is some Elon, as advertised: And note, as Barc’s commods team does, that “Indices are already pricing in record levels of volatility as 2017 begins, and investors are specifically concerned about geopolitical developments.” Finally by way of additional context, and as a reminder that commods did ok in 2016: Hard to disagree with Citi's Matt King – the orderliness of markets recently – even with the bond sell-off – has been striking and strange: pic.twitter.com/wUZppgxjRC — Tracy Alloway (@tracyalloway) January 5, 2017

Twitter was told it was "bounced" from Wednesday's meeting between tech executives and President-elect Donald Trump in retribution for refusing during the campaign to allow an emoji version of the hashtag #CrookedHillary, according to a source close to the situation. Twitter is one of the few major U.S. tech companies not represented at Wednesday afternoon's Trump Tower meeting attended by, among others, Apple's Tim Cook, Amazon's Jeff Bezos, Facebook's Sheryl Sandberg and Tesla's Elon Musk — an omission all the more striking because of Trump's heavy dependence on the Twitter platform. With some 17.3 million followers of his account, the...

Tesla’s Elon Musk struck back at Robert Murray, chief executive of Murray Energy Corp., after the latter called Tesla “a fraud” in an interview. In a tweet, Musk said the real fraud was denying “climate science” and went on to add that the subsidies Murray spoke against in his interview with CNBC were pennies on the dollar, unlike what Big Coal gets from the government. The reason Murray lashed out at Tesla, which was in an interview with CNBC, was because the company, according to him, had failed to generate a profit despite the subsidies it receives, but he went...

Musk tweeted about the loss of the Falcon 9 hours after the incident, noting that the explosion appeared to originate "around upper-stage oxygen tank" but the cause was "still unknown." SpaceX provided more updates about the incident on Sept. 2. Then, Musk's account went quiet until about 12:30 a.m. EDT this morning (0030 GMT), when he began tweeting actively about the explosion. "Still working on the Falcon fireball investigation. Turning out to be the most difficult and complex failure we have ever had in 14 years," Musk wrote. "Important to note that this happened during a routine filling operation. Engines...

The explosion of a SpaceX rocket last Thursday will have an impact across the space industry, far beyond the losses on the launchpad at Cape Canaveral. An Israeli satellite operator’s deal to sell itself to a Chinese company is imperiled. Planned launches of communications satellites that support international mobile phone service and digital television are delayed and put in doubt. NASA’s cargo deliveries to the International Space Station will probably be disrupted. All of them are customers of the Space Exploration Technologies Corporation, or SpaceX, whose rocket exploded in Florida. The private space launch company, led by the entrepreneur Elon...

According to SpaceX CEO Elon Musk, the Cape Canaveral mishap was not an explosion but a "fast fire." yes. This seems instant from a human perspective, but it really a fast fire, not an explosion. Dragon would have been fine. On Thursday, a SpaceX Falcon 9 rocket blew up on the launch pad, shaking nearby buildings and spewing smoke into the sky

Tesla Motors CEO Elon Musk, under pressure after a fatal crash involving one of his electric cars, went on Twitter Sunday to say he’s working on another “Top Secret Tesla Masterplan.” He said he hoped to publish details this week. The tantalizing message echoes an August 2006 blog post, titled “The Secret Tesla Motors Master Plan (just between you and me),” in which Musk unveiled the cars that became the Tesla Model S four-door family car and the Tesla 3 sports sedan. …