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Tesla CEO Elon Musk has shared some new details about the automaker’s plans for its next-generation, $25,000 electric vehicle (EV), including that it will be built first in Austin, Texas.

On Tuesday, longtime auto industry veteran Sandy Munro shared a new interview with Musk, held following the Cybertruck delivery event. During the interview, the two talked mostly about the Cybertruck, though they also discussed Tesla’s next-generation vehicle for a few minutes.

While Musk said he couldn’t share any details about unit volume and dates for the next-gen EV, due to them being suggestive of Tesla’s financials, he did go on to share a few things. For one, Musk said that Tesla was “quite far advanced” in working to develop the low-cost, high-volume EV, adding that he reviews the production line plans for that on a weekly basis.

Elon Musk commented on the upcoming low-cost Tesla electric car, saying that it is “advanced” in its development. The CEO also commented on the “revolutionary” manufacturing advancements that Tesla is making to make the vehicle a reality.

While the cost of Tesla vehicles has come down recently, they are still not financially accessible to most people – like most new cars.

The launch of the Cybertruck, which is about 50% more expensive than when originally announced in 2019, is not helping Tesla’s vehicle price range in becoming more affordable.

X.AI, Elon Musk’s artificial intelligence startup, has filed with the SEC to raise up to $1 billion in an equity offering. The company has raised nearly $135 million from four investors, with the first sale occurring on Nov. 29, according to the filing. The AI startup, which Musk announced in July,…

X.AI, an artificial intelligence startup founded by Elon Musk, has filed with the SEC to raise up to $1 billion in an equity offering.

The company has already brought in nearly $135 million from four investors, with the first sale occurring on Nov. 29, and has a “binding and enforceable agreement” for the purchase of the remaining shares, the filing says.

Continue reading “Elon Musk’s AI startup — X.AI — files to raise $1 billion in fresh capital” »

The two billionaires are teaming up to further Amazon’s efforts in space.

Elon Musk hints at a low-cost electric vehicle in the works, made in high volume, with advanced production technology, and the progress in China is a significant factor in Tesla’s success.

Questions to inspire discussion.

Continue reading “Musk Comments on Next Gen Tesla, Cybertruck + China Sales Spring Ahead” »

Elon Musk discusses the progress and challenges of Tesla’s full self-driving technology, expressing less optimism about its timeline but recognizing its potential value and impact on the future of transportation.

Questions to spark discussion.

Continue reading “Elon Musk’s Latest Update on Tesla’s Full Self-Driving Tech” »

Elon Musk-led tunneling company The Boring Company has completed a new tunnel in Las Vegas as it continues to make progress on a larger loop covering much of the city’s downtown.

On Friday, The Boring Company page on X posted saying that the Prufrock-1 tunneling machine has completed the Westgate-2 tunnel, marking the massive tool’s fourth tunnel constructed in the city. In addition to Prufrock-1, the post also says that its the seventh tunnel the company has built in Las Vegas, while the other three were completed using Godot and its latest iteration of the Prufrock machine, the Prufrock-2.

The post also included a photo of Prufrock-1 emerging from the construction site beside the Westgate hotel, which you can see below.

Tesla has been pushing the boundaries of what’s possible in the automotive industry. A recent demonstration of this is the bulletproof testing of the Cybertruck, conducted using Tesla Bots. This article delves into the details of these tests, the implications for Tesla’s technological advancements, and the potential future of these innovations. Tesla’s Bulletproof Cybertruck Recently, […].

Billionaire CEO Elon Musk on Friday said that his rocket manufacturing company SpaceX launched the satellite systems of its rivals without favoring their own.

The CEO took to X to clarify the same after SpaceX entered into a contract to launch Amazon.com Inc’s AMZN Kuiper satellites, aimed at providing satellite internet along the lines of SpaceX’s Starlink.

What Happened: Under the newly announced contract, SpaceX’s Falcon 9 rocket will launch thrice to deliver Kuiper satellites to low-Earth orbit starting mid-2025. Project Kuiper is a project by the e-commerce giant aimed at providing broadband with the help of a network of satellites in low-Earth orbit like Starlink.