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Elon Musk

OPINION
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.
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NEWS
April 19, 2013 | By Susan Denley
Guests at the ASCAP Pop Music Awards in Hollywood on Wednesday were told that the dress code was "creative black tie. " That left a lot of fashion running room, and the musical crowd turned up in such attire as evening gowns and black jeans, Ellen Olivier of Society News L.A. reports. RaeLynn of "The Voice" wore a fun cocktail dress with corset by designers Ani & Ari. [Society News L.A.] Adidas, which helps sponsor the Boston Marathon, has unveiled a limited edition T-shirt that will be sold to benefit the One Fund Boston , established to help people affected by the bombings on Monday.
ENTERTAINMENT
October 21, 2011 | By Mindy Farabee
In 2006, when director Chris Paine released "Who Killed the Electric Car?" the story of GM's short-lived, battery-powered EV-1, the villains were many, but consumer apathy played its role. With "Revenge of the Electric Car," Paine's entertaining follow-up, top GM exec Bob Lutz gives much credit for the company's 180 to consumer outrage. Wall Street might want to take notice of how quickly tides can change. "Revenge" follows the three-way race between GM, Nissan and Silicon Valley rogues Tesla Motors to bring an electric model successfully to market by centering on the three biggest personalities involved: Lutz, Nissan head Carlos Ghosn and Elon Musk, the PayPal mogul behind Tesla who goosed GM into action with his sexy gas-free sports car. Invited "behind enemy lines" as narrator Tim Robbins intones, by GM themselves in 2007, the filmmakers gained access across the board by promising not to release the film until the cars hit showrooms in 2011.
CALIFORNIA | LOCAL
April 25, 2013 | By Samantha Schaefer
Should the state play a role in preventing obesity among its residents? State Sen. Bill Monning (D-Carmel) has introduced legislation that would levy a 1-cent-per-ounce tax on sweetened beverages, including sodas, as part of an effort to fight obesity among young people, The Times' Patrick McGreevy reported. The measure is meant to discourage people from consuming sweetened drinks, and the money collected would pay for a statewide childhood obesity prevention program through  a  Children's Health  Promotion Fund.
AUTOS
June 19, 2013 | By Jerry Hirsch
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.
BUSINESS
April 10, 2014 | By Marc Lifsher
SACRAMENTO - Private space companies, such as SpaceX in Hawthorne, would get a local property tax break on launch vehicles, fuel, satellites and other gear under a bill approved overwhelmingly Thursday by the state Senate. The proposal, AB 777 by Assemblyman Al Muratsuchi (D-Torrance), would create the exemption from local property taxes for a 10-year period that would end Jan. 1, 2024. Legislation is needed to modernize the state's tax code to encourage companies such as billionaire Elon Musk's SpaceX to build their rockets and spacecraft in California, Muratsuchi said.
BUSINESS
May 19, 2012 | By W.J. Hennigan
SpaceX's historic launch to the International Space Station was aborted in the pre-dawn hours at Cape Canaveral, Fla., on Saturday when computers detected a problem with one of the rocket's nine engines and automatically shut down. Countdown to the launch, which was webcast on NASA TV , hit T-0 at 4:55 a.m. Eastern time when the rocket engines seemed to briefly light before the technical problem hit. Elon Musk, SpaceX founder and chief executive, tweeted shortly afterward : "Launch aborted: slightly high combustion chamber pressure on engine 5. Will adjust limits for countdown in a few days.
NEWS
November 27, 2012 | By Paul Whitefield
If space truly is the final frontier, does that make Elon Musk a real-life Capt. Kirk? Musk, the founder of SpaceX -- which has a $1.6-billion contract with NASA to ferry cargo to the International Space Station using its private Falcon 9 rocket and Dragon capsule -- last week laid out an even bolder vision : a colony of 80,000 people on Mars. The price of a ticket? About $500,000 a colonist. (And no, this deal doesn't include a bridge in Brooklyn. The guy's already done the math.
BUSINESS
December 3, 2013 | By Michael Hiltzik
Amazon.com founder Jeff Bezos staged a technology demonstration over the weekend, aiming to show how quickly a half-baked idea with several years of obstacles ahead of it could garner fawning attention from the news media. Answer: about two nanoseconds. The idea is for the delivery of Amazon orders by little unmanned copters, or drones. Bezos calls it "Amazon Prime Air. " The judges are still conferring, but Bezos is expected to have lowered the previous record, set by Elon Musk of Tesla Motors in August with his proposal for a "hyperloop" rapid transit system between Northern and Southern California.  Hyperloop enthralled techno-fans and not a few credible transportation experts before fading out of public consciousness, a few days after flaring into press.
BUSINESS
September 13, 2013 | By Ronald D. White
The gig: Lyndon Rive, 36, chief executive of SolarCity Corp., a company co-founded in 2006 with his older brother, Peter, that helped popularize a new direction in residential solar power development. The San Mateo, Calif., company installs solar panels for homes, businesses and government entities. But instead of selling the panels to the customer, SolarCity usually retains ownership of them and sells the electricity to the client. That cuts out much of the upfront cost involved with going solar.
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