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Elon Musk

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.
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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.
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.
CALIFORNIA | LOCAL
April 24, 2013 | By Martha Groves, Los Angeles Times
Elon Musk quips that it's easier getting rockets into orbit than navigating his commute between home in Bel-Air and his Space Exploration Technologies factory in Hawthorne. "The 405 … varies from bad to horrendous," said Musk, who also co-founded PayPal and Tesla Motors. "It just seems people in Los Angeles are being tortured by this. … I don't know why they aren't marching in the streets. " The massive project to widen the 405 Freeway is not only causing traffic nightmares for motorists like Musk but has also been plagued by cost overruns and delays.
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.
AUTOS
April 22, 2014 | By Julie Makinen
BEIJING -- Thanking his Chinese customers for “taking a chance,” Tesla Chief Executive Elon Musk on Tuesday handed over the keys to the first nine electric vehicles the California car company has sold in the country. Plugging in a Model S at Tesla's first “supercharger” station in front of the company's offices in northeast Beijing, Musk vowed to build a nationwide network of the high-speed chargers -- which can deliver enough power for a 340-mile journey in about an hour -- “as fast as we can.” “We want to make sure people are able to travel almost anywhere within China using the supercharger network,” he 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.
AUTOS
May 22, 2013 | By Jerry Hirsch
Upstart electric car maker Tesla Motors on Wednesday paid off a Department Energy loan that had become a political hot potato. Tesla owed the federal government $451.8 million on a loan that was part of a special program to develop alternative fuel vehicles and renewable energy sources.   Paying off the loan “is pragmatic as well as symbolic,” said Jeremy Anwyl, vice chairman of auto information company Edmunds.com. “There is a nice party going on on Wall Street right now. Tesla is participating.
AUTOS
April 26, 2013 | By Ronald D. White
Tesla Motors reached an important milestone in the first quarter as its high-end electric Model S sedan outsold the Chevrolet Volt plug-in hybrid and the electric Nissan Leaf. Tesla is expect to announce in its upcoming quarterly earnings report in May that it sold 4,750 of its Model S sedans, which start around $70,000. That would beat the Chevy Volt's first-quarter sales of 4,244, which was an 8% increase for the Volt compared with the same quarter in 2012, according to Autodata figures.
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.
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