The most bitterly contested issue in Senate floor debate of the National Defense Authorization Act this year was whether the Department of Defense would be allowed to continue using Russian rocket engines to lift national-security satellites into orbit. The engines, called RD-180s, provide first-stage thrust for Atlas launch vehicles built by United Launch Alliance, a […]Read more "SpaceX Attempted Monopoly"
It’s deja vu. Jim Chanos just used the V-word. CNBC reported this morning that the famed short-seller, who was early in spotting problems at energy disaster Enron, says Tesla Motors TSLA 0.92% reminds him a lot of certain troubled drug company: Valeant Pharmaceuticals VRX 1.13% . Tesla, Chanos noted, has seen eight executives leave the […]Read more "Here’s the Thing About Tesla That Most Reminds Jim Chanos of Valeant"
The nation’s top auto safety regulator said on Wednesday that it had begun an investigation of a second crash involving a Tesla Motors car equipped with Autopilot technology, a system designed to let vehicles drive themselves for brief periods. In the nonfatal crash, a Tesla sport utility vehicle rolled over last Friday on the Pennsylvania Turnpike […]Read more "U.S. Safety Agency Investigates Another Tesla Crash Involving Autopilot"
Joshua Brown fatally crashed into a tractor trailer turning in front of his Tesla Model S on autopilot almost exactly two months ago, but we only found out about it on Thursday evening. That’s when Tesla first told the public about the crash, nearly two months after they sold $2 billion in stock. What’s surprising, […]Read more "Tesla Did Not Disclose Autopilot Death Before $2 Billion Stock Sale"
The SolarCity complex in South Buffalo is getting intense attention from the Buffalo Fire Department, looking for safety in construction and operation in the future. The mammoth plant is being watched as construction continues because firefighters have to approve some parts of construction, like sprinkler systems, and because firefighters have to know and understand the […]Read more "SolarCity presents unique possible chemical fire hazard"
Summary Tesla’s key asset is Elon Musk’s credibility, as Ed Niedermeyer noted on Bloomberg West Tuesday, and that asset has taken a beating recently. The crashes of Tesla cars on autopilot and Tesla’s lowered guidance share a disconnect: Neither Tesla’s technology nor its operations have lived up to Musk’s hype. The recent spate of negative […]Read more "Tesla: Musk’s Credibility Has Eroded"