Elon Musk led Tesla Motors has opened its new showroom in Palo Alto to expand its presence in the Bay Area to attract more customers to the brand.
Hundreds of people gathered at opening of America's newest Tesla store, which is located not far from the Stanford University and Google's campus, to take pictures of the models and the shiny new showroom. The new 27,000 square foot retail outlet will be the fifth location in the Bay Area beasides stores and service centres at Santana Row in San Jose, Fremont, Burlingame and San Rafael.
Elon Musk, the head of Tesla Motors, has taken to micro blogging site Twitter to look for the engineers for working on the company's auto pilot car project.
Tesla Motors has started producing more than 500 Model S vehicles a week and is working to expand production to meet its targets.
Elon Musk, founder and CEO of Tesla Motors said, "Our big issue is raising production. We don't want to be complacent about demand, but our goal is to increase the pace of production. By the end of next year we want to do 40,000 annually."
Billionaire Elon Musk recently announced an ambitious plan for the creation of a special train dubbed Hyperloop, which would consume just half and hour to carry passengers from Los Angeles to San Francisco and vice versa.
But, a number of people and experts have started raising questions on the feasibility of such a futuristic transportation project.
Elon Musk, the billionaire chairman and chief executive officer of electric-vehicle maker Tesla Motors, has said that he will release anew new mass transit method on 12 August, 2013 that will revolutionize the entire mass transit industry.
South African billionaire Elon Musk led Tesla Motors is planning to change the financial strategy for its Model S electric sedan following concerns that the plan surpassed potential cost savings.
Musk said that the company will work to ensure that Model S resale value is the highest of any premium sedan brand on the market. The company will now allow customers to replay loans in 72 months to repay the loan instead of
London, Jan 7 : PayPal co-founder Elon Musk is planning to construct a small city on Mars for 80,000 space explorers.
The 41-year-old businessman, whose Falcon 9 rocket delivers NASA cargo to the International Space Station, said that the new civilisation would run off sustainable technology and cater only to vegetarians, the Sun reported.
Speaking to the Royal Aeronautical Society, Musk revealed that he had been waiting for ten years to share his vision.
Elon Musk, the billionaire co-founder of PayPal and private space entrepreneur, has said that he is planning to build a small city in Mars for vegetarians.
The city for 80,000 space explorers will be a futuristic settlement on the red planet. He indicated that the new city will run on advanced technologies and will only be suitable for vegetarians.
In response to the two recent lawsuits filed against electric car maker Tesla, questioning the company's right to sell cars straight to customers and not through dealerships, the automaker's co-founder Elon Musk has said that the in-question move by Tesla does not violate the law.
Tesla founder Elon Musk has recently hinted, during a conversation with Wired, that the automaker's fourth and fifth cars will apparently include a crossover SUV and a Roadster replacement; but those interested in getting behind the wheel of these vehicles will probably have to wait till their planned 2016 launch.
According to the details shared by Musk with Wired, the first vehicle on the agenda of the electric car company is the 2015 model of a $30,000-priced sedan which, Tesla is hopeful, will widen its audience significantly.
Elon Musk led Tesla Motors has showcased its new battery-powered sport-utility vehicle, which is expected to go on sale next year.
The new SUV with gull-wing doors, Model X is claimed to be faster than Porsche AG's 911 sports car and has more space than Audi AG's Q7 SUV. The model will be launched in the market following the debut of the company's Model S sedan.
SpaceX has said on Monday that it will launch a Thai television broadcasting satellite from Cape Canaveral in 2013.
The Thaicom 6 satellite will be launched aboard a Falcon 9 sometime in 2013 to cater to the growing demand in the region. SpaceX did not disclose the exact value of the deal but a standard Falcon 9 flight costs $54 million.
Thaicom Public Company Ltd had announced the $160 million satellite project May 31, which will allow the company to expand the company's business in satellite television broadcasting over Southeast Asia and South Asia.
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