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Fourth Time's A Charm: Elon Musk's SpaceX Launches

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2008-09-28 20:48:00 by Peter Kafka in Silicon Alley Insider
...Elon Musk has been doing some interesting things with his windfall. There's Tesla Motors , which is producing high-end electric cars. And there's SpaceX, which has tried three times to launch a rocket into space on its own. Today, it worked. AP An Internet entrepreneur's latest effort to make space launch more affordable paid off Sunday when...
 
 
 
 
 
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Fourth Time's A Charm: Elon Musk's SpaceX Launches

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2008-09-28 20:48:00 by Peter Kafka in Silicon Alley Insider
...Elon Musk has been doing some interesting things with his windfall. There's Tesla Motors , which is producing high-end electric cars. And there's SpaceX, which has tried three times to launch a rocket into space on its own. Today, it worked. AP An Internet entrepreneur's latest effort to make space launch more affordable paid off Sunday when...
 
 
 
 
 
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Elon Musk's SpaceX Fails Third Launch

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2008-08-03 09:57:00 by Peter Kafka in Silicon Alley Insider
Elon Musk, the man behind PayPal and Tesla Motors , is also trying to figure out space flight, via SpaceX . But it's tough going: Last night, for the third consecutive time, the privately funded company failed to launch a rocket into orbit. Space.com , via MSNBC A Falcon 1 rocket failed to reach orbit late Saturday, marking the third...
 
 
 
 
 
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Tesla's Elon Musk: I'm One Of Best Entrepreneurs On Planet

2008-11-06 07:48:00 by Henry Blodget in Silicon Alley Insider
 
...Elon Musk chats with Mary Kathleen Flynn of TechConfidentia l. He's bet $55 million on Tesla so far. He's never failed before, and he's not about to start now You're Tesla's fourth CEO. Why has it been so difficult to find the right person to run Tesla, and why do you think you're the right person for the job Tesla founder] Martin Eberhard...
 
 
 
 
 
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Tesla's Musk Calls Cofounder "The Worst Individual I've Ever Worked With"

2008-11-17 14:29:00 by Nicholas Carlson in Silicon Alley Insider
 
...Elon Musk -- who continues to fund Tesla with money he earned selling his first company, PayPal -- seem to hate each other. Reports Lyons Eberhard, the ousted cofounder, says Musk interfered with the design of the roadster, demanding changes that were costly and led to delays. These included installing electronic door latches, building a...
 
 
 
 
 
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Why Kyte.tv will kill Qik and Flixwagon in cell phone video space

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2008-06-14 23:28:01 by Guest Author in TechCrunch
...Elon Musks new Tesla (hes the chairman of the board and was giving us a killer demo) we had hundreds of people watching my cell phone along with Jason Calacanis phone, which was shooting the same view from his Corvette alongside. As Elon was driving we had hundreds of people asking questions about the new Tesla. This was interactivity the...
 
 
 
 
 
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Tesla Motors Getting Some Cash

2008-10-31 12:52:00 by Vasanth Sridharan in Silicon Alley Insider
 
...Elon Musk tells Reuters that the company has $9 million cash on hand and that they're going to get $20 million in the coming weeks from their existing investors. Reuters When Tesla failed to secure a $100-million investment round earlier this month, Musk cut 24 percent of the company's work force and delayed development work on a...
 
 
 
 
 
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Tesla Gets $40 Million Lifeline

2008-11-03 11:55:00 by Vasanth Sridharan in Silicon Alley Insider
 
...Elon Musk, and a few VC firms) ponied up the dough in the form of convertible debt. Tesla didn't specify which investors were involved The company said last week that it needed the money to become cash flow positive, and that it was going to get $20 million as early as this week. Earlier this year, Tesla was working on raising a $100 million...
 
 
 
 
 
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The New Journalism: Blogs Forcing Companies To Come Clean

2008-11-05 10:01:00 by Henry Blodget in Silicon Alley Insider
 
...Elon Musk, chief executive of the electric-car company Tesla Motors in San Carlos, Calif., said that he had no choice other than to blog about the Oct. 15 layoffs at the closely watched company - even though some employees had not yet been told they were losing their jobs Valleywag, a Silicon Valley gossip blog owned by Gawker Media , had...