October 14, 2013 |
SpaceX launched its reusable 10-story Grasshopper rocket more than 2,440 feet in a flight to test technologies needed to one day return a rocket back to Earth intact. During the flight, the rocket blasted off, hovered and landed safely on the launch pad. At its top altitude, the rocket flew twice the height of the U.S. Bank Tower, the tallest building in Los Angeles. SpaceX, the Hawthorne company that builds rockets and space capsules to resupply the International Space Station for NASA, is aiming to develop a rocket that can return to a launch pad for a vertical landing, instead of burning up as it reenters Earth's atmosphere.
February 19, 2014 |
Tesla Motors Inc. narrowed its losses in both the fourth quarter and the year as the electric car maker ramped up sales both in the U.S. and internationally and collected about $150 million from the sale of environmental credits. Shares of Tesla soared to a record when it released the financial report after the stock market closed, rising $24.10, or 12.5% to $217.74 in after-hours trading Wednesday. Tesla said that it lost $16.3 million in the fourth quarter. That compared with a loss of $89.9 million a year earlier.
CALIFORNIA | LOCAL
August 4, 2008 |
Teams were searching the central Pacific Ocean for the remnants of a low-cost rocket created by PayPal co-founder Elon Musk that malfunctioned soon after liftoff Saturday, a company spokeswoman said. Two minutes after liftoff, the first of the rocket's two engines failed to detach from the rest of the projectile. The split was necessary to launch the second engine into orbit, Diane Murphy said. The launch took place at United States military facilities on Omelek Island, about 2,500 miles southwest of Hawaii.
February 17, 2010 |
Elon Musk, chief executive of Tesla Motors Co., said a plane crash in Silicon Valley killed company officials. Details about the accident and names of the victims were not released. "We're working to confirm the identities and inform the families," Musk said. For Tesla, the accident comes as the San Carlos-based automaker prepares to sell shares to the public and announce the location of its U.S. assembly site to make battery-powered cars. Tesla received about $465 million in federal loans last year to expand production of vehicles and battery packs.
CALIFORNIA | LOCAL
April 25, 2013 |
Police shot a man in Garden Grove on Thursday night after he tried to run down officers with his vehicle, authorities said. Lt. Jeff Nightengale of the Garden Grove Police Department said the incident began about 8:15 p.m. when some undercover officers stationed near Beach and Garden Grove boulevards became worried about a driver who pulled up near them and was acting suspiciously. The undercover officers called for a marked police car to check out the situation because they feared the man driving the car would interfere with their surveillance, Nightengale said.
CALIFORNIA | LOCAL
April 24, 2013 |
The Los Angeles County Metropolitan Transportation Authority has formally acknowledged the completion of the widening of the Sepulveda Pass on the 405 Freeway will be delayed at least 13 months. Projected date for completion is now mid-2014. A variety of problems caused the delay -- notably the requirement to move dozens of utility lines under Sepulveda Boulevard. Join us at 9 a.m. as we discuss the project and its latest delays with Times reporter Martha Groves. Elon Musk, the entrepreneur behind PayPal and Tesla electric vehicles, jokes he can shoot one of his SpaceX rockets into space way faster than he can commute on the 405 Freeway from Bel-Air to the Hawthorne factory where those rockets are made.
June 19, 2013 |
Add another first to electric car company Tesla Motors' list of accomplishments -- its first recall of its Model S sporty sedan. Tesla will recall about 1,228 of its expensive Model S because of a problem with a seat latch, Elon Musk, the automaker's chief executive said in a statement. “The mounting bracket for the left hand latch of the second row seat could be weaker than intended. This reduces our confidence that the left hand seat back will be properly retained in the event of a crash,” Musk wrote on the company's website.
March 7, 2014 |
Like young bucks at a county fair kissing booth, states are lining up for a chance to court Tesla Motors and its planned $5-billion battery factory. But fair warning, fellas: The intoxicating fragrance of Musk and his money masks a cold business heart. Already a loser in the race for this California girl's affections, though, is, well, California. Oh, sure, we're good enough to design and build the company's eco-luxe Model S. And Californians bought more than one-third of the $70,000-and-up cars last year.
October 7, 2012 |
SpaceX is set to usher in a new era for NASA's space flight program when a towering white rocket blasts off from Cape Canaveral, Fla., and heads to the International Space Station on a resupply mission. If successful, Space Exploration Technologies Corp., better known as SpaceX, will be the first private company to resupply the space station on a contracted mission for NASA. The company has a $1.6-billion contract to carry out 12 such cargo missions for the space agency in the coming years.
May 10, 2013
Re "Tesla drives state credits to the bank," May 6 Tesla Motors is an example of an innovative, homegrown California industry. It is building ultra-clean cars and providing employment for 2,800 people in a formerly abandoned car factory. This success is not being subsidized by other car companies. Car manufacturers are not required to purchase credits (which Tesla can sell to its competitors), nor does the state's Air Resources Board establish a price. The credits are entirely an opportunity to provide additional flexibility to car manufacturers to comply with a program whose ultimate goal is to support the commercialization of cutting-edge clean technology vehicles, and ensure that we get as many of them as possible on our roads and highways as fast as possible.