Just a day after Tesla reported a $408 million loss, more cash burn, and ridiculous delivery estimates, Elon Musk demonstrated once and for all why he either should leave or sell Tesla. The last straw? He announced an outside investment of $120 million in hi…
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The Current War reveals the dark feud behind electricity’s birth
The Current War, in cinemas this week, is a period drama that tells the story of the battle between electricity titans Thomas Edison and George Westinghouse to light up the US and determine which sort of power the newly-electrified world would come to use: di…
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Elon Musk’s Boring Company snags $120 million in new funding
Elon Musks tunneling and transportation startup The Boring Company has raised its first outside investment through the sale of $120 million in stock, according to a securities filing. The details of authorized sale of stock were first reported by Bloomberg N…
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5 times Tesla couldn’t keep a promise about its electric vehicles
Tesla’s original plan was to deliver 500,000 vehicles by 2020. But initial demand for the Model 3 exceeded 325,000 within months of announcement, leading the company to set ambitious goals and step up their target by a full two years. To achieve this, T…
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Tesla’s earnings shocker is is set to wipe $5.6 billion off the stock — and ‘things could unravel quickly’ for Elon Musk
Tesla’s earnings shocker is is set to wipe $5.6 billion off the stock — and ‘things could unravel quickly’ for Elon Musk
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