Tesla founder sues company, CEO Elon Musk
Martin Eberhard, founder of Tesla Motors, the anointed darling of the electric vehicle industry, has filed suit against the company and its current leader, Elon Musk (right), who he accuses of slander, mismanagement, and, bizarrely, giving him a damaged Tesla roadster (the firm’s first product)…. Continue Reading
Tesla absorbs another $40M to keep the motor running
Tesla Motors has looked a bit shaky lately, starting with a staff layoff and an ouster of its CEO a little over two weeks ago and following with reports that the company had only $9 million left in the bank. But lead investor and new… Continue Reading
Electric car maker Tesla low on cash, but won’t go bust (yet)
News moves quickly these days. Within hours of a rumor circulating that Tesla Motors is running low on cash, company CEO Elon Musk announced via Reuters that the company will close over $20 million in new funding by next week.
The rumor appears to have… Continue Reading
Elon Musk steps in as CEO at Tesla, lays off staff
Tesla Motors, the maker of the high-performance Roadster, has become something of a symbol for the budding electric car industry. The many other startups in the space, then, should sit up and take notice of its latest move: A takeover of the CEO position by… Continue Reading
SpaceX finally gets a rocket into space
Elon Musk’s Space Exploration Technologies Corporation (SpaceX) has met with success on its fourth attempt to get a privately designed rocket into orbit.
SpaceX has now proven that a startup can replicate the success of huge efforts made by the United States and Soviet space… Continue Reading
Private rocket company SpaceX gets $20M from The Founders Fund
Space Exploration Technology Corp., the company created by PayPal co-founder Elon Musk and better-known as SpaceX, has raised $20 million from The Founders Fund.
This is the first time SpaceX has raised outside funding, according to the Wall Street Journal; Musk previously invested $100 million… Continue Reading
Roundup: Farber takes over at CNET, Mozilla’s new email subsidiary, Scribd iPaper, and more
Here’s the latest action:
1) Dan Farber takes the helm at CNET
2) Mozilla launches email-focused subsidiary
3) Scribd creates iPaper, an Acrobat competitor
4) Hewlett-Packard has great first quarter
5) Tesla Motors pulls in another $40M
6) Verizon, AT&T unveil new unlimited wireless plans… Continue Reading
Tesla unveils first production version of electric sports car
The first production version of Tesla’s Roadster, an electric sports car, was unveiled at the company’s San Carlos, Calif. facility earlier today. In fact, board chairman and proud new owner Elon Musk may be taking it for a spin as you read this.
“This represents… Continue Reading
Tesla says first cars will be testing versions, will raise $40M more
Tesla Motors, the company making an electric sports car scheduled to hit the market next quarter, is now saying the first release of cars won’t have the promised performance.
Rather, they’ll come equipped with an interim transmissions that the company says should be considered “public… Continue Reading
Dell acquires Everdream for undisclosed amount
Everdream is a Fremont, Calif. software-as-a-service company that allows remote servicing and management of computers.
Dell has been active in making similar acquisitions this year, picking up ASAP Software, EqualLogic and, most notably, Silverback. The company is seeking to expand its offerings and provide more… Continue Reading
Mahalo.com emerges as yet another search engine
updated
Mahalo.com, the latest company from entrepreneur Jason Calacanis, launched, with a stripped-down search engine designed to handle only the most popular requests in widely appealing categories.
Focused on areas such as travel, music, television, movies, cars, food, health, news and sports — and filtered… Continue Reading
Tesla Motors raises $45M more
Tesla Motors, the San Carlos, Calif. maker of a high-performance electric car, has raised $45 million more in financing.
The new backing for the car, due out later this year, is led by Technology Partners, a Palo Alto venture firm that has focused on green… Continue Reading
Musk leads $10M investment in SolarCity — to provide solar for all
Updated
SolarCity, a new Silicon Valley start-up wants to be the Swiss arms-dealer of the solar industry, and has just raised $10 million to do it.
It wants to provide solar installation for individuals and small companies — by acting as an honest, neutral broker,… Continue Reading