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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.
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.
April 1, 2013 | By Ronald D. White, This post has been updated. Please see below for details.
Tesla sales of its Model S electric sedan have exceeded the target that the Palo Alto-based automaker set in February, giving it enough of a boost to claim its first quarterly profit. Tesla has sold 4,750 Model S cars or about 250 more than the February target. The better than expected sales allowed Tesla to predict "full profitability" in an amendment to its guidance for first-quarter performance. After Tesla had reported a loss of $75 million in the fourth quarter, observers had expressed concerns about the automaker's ability to quickly churn out enough electric vehicles to sustain it in the long term.
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.
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.
July 15, 2013 | By Salvador Rodriguez and Andrea Chang
Monday tech news kicked off with a significant price cut to the Microsoft Surface RT tablet and a report that a woman in China was electrocuted while using her iPhone. Microsoft cuts price of Surface RT by $150 Microsoft reduced the price of its Surface RT tablets this weekend by $150. It's cheapest model now starts at $349, but there are plenty of other great tablets that start around that price. Chinese woman electrocuted using iPhone A 23-year-old woman in China was reportedly killed when she answered a call on her iPhone 5 while it was plugged into the wall for recharging.
January 13, 2011 | By W.J. Hennigan, Los Angeles Times
Hawthorne-based rocket venture Space Exploration Technologies Corp. has received $25 million from NASA since successfully launching its 18-story Falcon 9 rocket and Dragon space capsule from Cape Canaveral last month. The company, better known as SpaceX, has developed the Dragon capsule under NASA's Commercial Orbital Transportation Services program. The spacecraft, which can carry as many as seven astronauts, is considered a contender for the multibillion-dollar job of ferrying crews to and from the International Space Station after the space shuttle is retired this year.
July 9, 2013 | By Catherine Green
Tesla Motors Inc., will join the Nasdaq 100 stock index beginning Monday to fill the spot of computer technology company Oracle Corp., which announced last month it would move to the New York Stock Exchange. Headed by Elon Musk, the billionaire also responsible for PayPal and SpaceX, Tesla manufactures high-end electric cars. The Palo Alto company's Model S sedan starts at $62,200 and can exceed $100,000 with modifications. The automaker reported selling 8,931 cars in the first half of 2013.
December 5, 2012 | Bloomberg News
The U.S. Defense Department plans to open more than a dozen rocket launches to competition, moving to end a monopoly held by a Lockheed Martin Corp.-Boeing Co. joint venture. The Air Force is authorized to buy as many as 14 booster cores over the next five years from potential competitors such as Space Exploration Technologies Corp., the Hawthorne company known as SpaceX and headed by billionaire Elon Musk, and Orbital Sciences Corp. of Dulles, Va., wrote Frank Kendall, the Pentagon's top weapons buyer, in a Nov. 27 memo obtained by Bloomberg News.
May 22, 2012 | By W.J. Hennigan
SpaceX's Falcon 9 rocket roared to life before dawn at Cape Canaveral, Fla., today and blasted into space on a column of fire that lit the night sky for miles around. The nine-engine rocket lifted off at 3:44 a.m. EDT carrying a cone-shaped space capsule that's set to berth with the International Space Station later this week. SpaceX, formally known as Space Exploration Technologies Corp., is the first private company to embark on such a mission. Up until now, sending a spacecraft to the space station has been a feat that has only been accomplished by four of the world's wealthiest and most technologically advanced governments: the United States, Russia, Japan and the European Union . The launch marked a major milestone in efforts to shift spacecraft development -- long dominated by governments and large, entrenched aerospace firms -- to privately funded firms such as SpaceX that so far have been funding their ventures largely on their own. About 10 minutes into the spaceflight, SpaceX confirmed that its gleaming, white Falcon 9 rocket had lifted the unmanned Dragon space capsule into orbit.
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