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Elon Musk

ENTERTAINMENT
April 15, 2013 | By Joe Flint
Satellite broadcaster Dish Network Corp. has made a $25.5-billion bid for Sprint Nextel Corp. If consummated, the deal would combine one of the nation's biggest pay-TV providers with the third-largest wireless communications company. The unsolicited Dish offer, which was announced Monday morning, is aimed at derailing Sprint's plans to merge with Japan's SoftBank Corp, a proposed deal valued at $20 billion. The Dish offer is made up of $17.3 billion in cash and $8.2 billion in Dish stock.
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BUSINESS
October 14, 2013 | By W.J. Hennigan
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.
CALIFORNIA | LOCAL
August 4, 2008 | David Pierson
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.
BUSINESS
February 17, 2010 | Bloomberg News
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 24, 2013 | By Joseph Serna
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.
CALIFORNIA | LOCAL
April 25, 2013 | By Ari Bloomekatz
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.
OPINION
March 17, 2014 | By Michael Shermer
The New Jersey Motor Vehicle Commission last week voted to prohibit Tesla from selling its electric vehicles directly to consumers, a decision endorsed by the New Jersey Coalition of Automotive Retailers and Gov. Chris Christie. New Jersey is the third state, after Texas and Arizona, to block Tesla from direct sales, all under the guise of protecting consumers. Some free market. Of course, auto dealers prefer an arrangement in which they have exclusive rights to sell a certain manufacturer's product.
BUSINESS
June 27, 2013 | By Catherine Green
As Los Angeles launches into its solar buyback program between companies and the L.A. Department of Water and Power, one rooftop power producer is exploring a way to avoid depending on utilities altogether. Lyndon Rive, chief executive of San Mateo, Calif.-based SolarCity Corp., said in an interview this week that his rooftop solar company plans to roll out a system that would allow customers to generate power by panels during daylight hours and store the energy in battery packs at night.
AUTOS
February 19, 2014 | By Jerry Hirsch
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.
BUSINESS
October 7, 2012 | By W.J. Hennigan
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.
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