Elon Musk News
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Tesla Motors Inc., the maker of electric cars run by entrepreneur Elon Musk, said a blog post asserting Roadster batteries are at risk of failing if owners don’t keep the cars plugged in stoked an “irrational” fear.
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The fortunes of the so-called PayPal Mafia are poised to grow.
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Tesla Motors Inc., the maker of battery-powered cars run by entrepreneur Elon Musk, projects revenue will grow in the year’s second half as deliveries of the new Model S sedan eclipse those of the outgoing Roadster.
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Tesla Motors Inc., the maker of battery-powered cars run by entrepreneur Elon Musk, said its fourth-quarter net loss widened to $81.5 million as electric Roadster sales end ahead of the release of Model S sedans. Bloomberg's Trish Regan reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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Tesla Motors Inc., the maker of battery-powered cars run by entrepreneur Elon Musk, may have seen its loss widen in 2011’s final quarter as it wound down production and sales of $109,000 Roadster electric cars.
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Elon Musk, chief executive officer of Space Exploration Technologies Corp., wants the private rocket-launch business to have an initial public offering in 2013, the entrepreneur’s third such sale in about three years.
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Tesla Motors Inc., the electric-car maker run by entrepreneur Elon Musk, unveiled a battery-powered sport-utility vehicle with “gull-wing” doors that will go on sale next year after the Model S sedan’s debut.
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Stripe Inc., a San Francisco startup with an online-payment system, attracted funding from Sequoia Capital and other investors valuing the company at $100 million, said two people with knowledge of the transaction.
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SolarCity Corp., the developer of rooftop solar power systems whose chairman is Elon Musk, is preparing to file for an initial public offering, three people with knowledge of the matter said.
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Tesla Motors Inc. surged the most since March after the company’s chief executive said production and sale of its all-electric Model S sedan won’t be delayed by two top engineers leaving the carmaker. Tesla plunged a record 19 percent last week after news broke of their departure.
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