Elon Musk InstagramElon Musk with his boring machine
06 November, 2018, 14:00
A recent tweet from Elon Musk, CEO of Tesla Motors, talks about the electric auto company's expansion plans in the next couple of years and includes India as well. "And then I think also it could be pretty helpful for maybe expanding our civilization", Musk told Kara Swisher on a new episode of Recode Decode.
Tesla has weathered a rocky few months in the wake of Musk's tweets that he had "funding secured" for a deal, later scuttled, to take Tesla private.
Tesla and Musk, its billionaire chief executive, have pushed back strongly against a Wall Street Journalreport last week that the FBI was pursuing a deepening criminal investigation into Tesla.
The company also said on Friday that 44 per cent of its third-quarter net profit was from previously undisclosed regulatory credits.
Why it matters: It's an ambitious project but if Elon Musk can pull it off, The Borning Company's underground tunnels could put a significant dent in traffic jams that plague major cities around the globe. Those numbers were widely regarded as a make-or-break issue for Tesla as it sought to navigate factory chaos, slow its cash burn and prove to investors that it could survive.
According to CNBC, the Securities and Exchange Commission and Justice Department are investigating the company's Model 3 production projections. The investors involved have since filed an amended complaint.
Trump's national attention turns to state races
Trump has delivered a very different closing argument, railing against Latin American immigrants seeking asylum at the USA border. The US midterm elections on 6 November will decide who controls US Congress plum in the middle of the Donald Trump presidency.
Professor David Bailey, an automotive industry expert at Aston University, said: "The pictures suggest big rework and rectification issues with vehicles coming off the production line".
In its filing, Tesla said it was not aware of any "material" developments in the open investigations.
Tesla said to its knowledge no government agency in any ongoing investigation has concluded any wrongdoing occurred.
Last month Tesla reported a $311.5 million profit for the July-through-September period, its first quarterly profit in two years.
In its quarterly statement, however, Tesla disclosed it had brought in an additional $137m in regulatory credits, which contributed to almost half the profit for the quarter.
It's a victory for net neutrality advocates, as it maintains pre-existing legal precedent necessary to protect net neutrality. In this case, the decision goes against the Pai/Trump doctrine and bolsters the Wheeler/Obama version of net neutrality.
He cleared Blaney on the first restart but lost the lead on the second one and had to track Blaney down to take the lead back. NASCAR later said it erred in penalizing Johnson at the start of the race because his auto passed inspection the third time.
We want the focus to be on a great game of football, free from anything else. "We need to cool the situation down. They are one of the main contenders to win the Champions League; the team is made to attack for the title.
The man from the state of Victoria was mauled while sharing a paddleboard with a female friend in Cid Harbour. The patrols are created to provide reassurance to the boating community and tourists on the water.
Justices Gorsuch and Thomas dissented from the ruling saying they would have granted the government's application for a halt. The trial beginning Monday is a consolidated case of lawsuits brought by the ACLU and a multi-state coalition led by NY .
She plans to buy a new house and replace her vehicle , a Ford Fiesta with 228,500 kilometres "that people have beat up". West's ticket split the Powerball jackpot in the October 27 drawing with a ticket purchased in New York City.
Popular Canadian rapper Drake is again accusing a business of racial profiling, and this time it's a B.C. casino. Drake called out Parq Vancouver blatantly, claiming that it was the "worst run business" he had ever witnessed.
The South Korean tech giant is among a handful of firms which have flagged that foldable phones will be coming to market soon. In fact for Samsung, the focus has been more on including features that would help user get the most of the foldable screen.
Five men arrested over Grenfell Tower effigy bonfire video
It was initially shared on the encrypted messaging service Whatsapp but is now being circulated on Facebook and Twitter. A spokesman added: "We are disgusted and shocked at the inhumanity and callousness of those involved in this video".
Vikings set franchise record with 10 sacks vs. Lions
Leading the sack parade were defensive end Danielle Hunter , who had 3 1/2, and defensive tackle Tom Johnson , who had 2 1/2. Hunter also had a 32-yard fumble recovery for a touchdown that gave Minnesota a 24-6 lead midway through the fourth quarter.
Dolphins S Jones removed himself from win over Jets
One thing is certain, the Jets have a lot of questions to answer in the final eight weeks of the season. Because you start pointing fingers at us that we aren't doing good enough - you didn't do good enough.
15 dead, 44 injured in horror highway pile-up
The Gansu provincial authorities demanded examination on unsafe sections of expressways across the province. Pictured: The aftermath of a highway accident in Lanzhou, in northwestern China's Gansu province.
Real Madrid round-up: Bale, Vinicius, Ramos and Plzen away
STAR MAN - He may've expected a quiet afternoon prior to kick off, however it proved to be quite the opposite for Sergio Reguilon. Marco Asensio stood as the only bright spark amongst the starting trident with Karim Benzema and Gareth Bale failing to impress.
Trump says election will be seen as referendum on him
There are indications that a modest " blue wave " of support may help Democrats seize control of at least one chamber of Congress. Of the states with earlier closures, Florida, Pennsylvania and NY have a number of House seats which Democrats consider winnable.