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| July 18, 2019

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Elon Musk-backed Neuralink unveils brain-implant technology

July 17, 2019 |

Neuralink, the Elon Musk-backed company seeking to build brain implants to communicate with machines, unveiled the microscopic products it has been developing since 2017 and said it hopes to begin trials on human patients by the end of next year.


L.A. Times – Business

Pablo Escobar’s Brother in Odd Dispute With Elon Musk

July 16, 2019 |

Elon Musk’s super-popular limited-edition flamethrower (er, that is, “Not a Flamethrower” ) was actually Pablo Escobar’s brother’s idea, says Pablo Escobar’s brother. Roberto Escobar released his own “tactical toy flamethrower” last week (you can buy one for $ 249 here ), and a press release acknowledges the product is “similar to…
Newser

TMZ

Pablo Escobar’s Bro Considers Suing Elon Musk Over Flamethrower Idea

July 11, 2019 |

Pablo Escobar’s brother says Elon Musk ripped off the “not-a-flamethrower” idea and beat him to the punch — but now he’s got his own (hot) take on the gizmo … and a possible legal fireball for Elon.   The late Colombian kingpin’s bro,…

TMZ.com

Elon Musk’s driveway car deliveries could be key to maintaining Tesla’s momentum

July 5, 2019 |

Before Tesla Inc. blew past expectations for vehicle deliveries this week, Chief Executive Elon Musk was on Twitter promoting a months-old service that remains a bit of a mystery to the legions of electric car fans that follow the company’s every move.

The program, called Tesla Direct, offers some…


L.A. Times – Business

Elon Musk’s quest for Tesla deliveries record could be a double-edged sword

June 30, 2019 |

To understand why investors have soured on Tesla Inc. this year, consider one of the thousands of deliveries that took place last week as the electric-car maker was gunning for a record for the number of vehicles it handed over in a quarter. John Hanna, who splays his fandom for Elon Musk’s companies…


L.A. Times – Business

Elon Musk’s tweets prompt SEC official to call for guidelines on CEOs’ social media use

June 14, 2019 |

Robert Jackson, one of the Securities and Exchange Commission’s four commissioners, said the agency should consider publishing new guidance on chief executives’ use of social media platforms such as Twitter and Facebook, in the wake of controversies involving Tesla founder Elon Musk.

“Without prejudging…


L.A. Times – Business

Elon Musk company to build underground transit loop for Las Vegas Convention Center

May 23, 2019 |

Billionaire Elon Musk finally has a chance at completing a commercial tunneling project after his Boring Co. secured a $ 48.7-million contract to build a transit system for Las Vegas’ expanding convention center.

The Las Vegas Convention and Visitors Authority’s 14-member board approved the contract…


L.A. Times – Business

Elon Musk’s Boring Company lands $48.7M contract for underground “people mover” in Las Vegas

May 23, 2019 |

The Boring Company, Elon Musk’s tunneling and transportation startup, has landed a $ 48.7 million project to shuttle people in an underground Loop system around the Las Vegas Convention Center.

This is the company’s first commercial contract.

The initial design for the project, dubbed Campus Wide People Mover or CWPM, will focus on the Las Vegas Convention Center, which is currently in the midst of an expansion that is expected to be complete in time for CES 2021. The newly expanded Las Vegas Convention Center will span about 200 acres once completed. The LVCVA estimates that people walking the facility would travel two miles from one end to the other, a distance that prompted officials to find a transportation solution.

In March, the Las Vegas Convention and Visitors Authority recommended that the Boring Company be selected. The board of the Las Vegas Convention and Visitors Authority voted Wednesday to approve the contract.

The approval comes with numerous strings and requires The Boring Company to achieve specific milestones, details of which The Guardian published earlier this month. The contract withholds over two-thirds of payments until construction is complete and requires The Boring Company to meet specific ridership goals.

The LVCVA estimated an initial $ 1.2 million outlay to TBC in fiscal year 2019, following by $ 15 million in 2020 and the final $ 32.47 million in 2021.

While the project is limited for now, TBC has said in the past project could someday connect downtown, the Las Vegas Convention Center, the Las Vegas Boulevard Resort Corridor and McCarran International Airport.

This underground people mover will involve the construction of twin tunnels for vehicles and one pedestrian tunnel, according to contract documents. The twin tunnels are expected to be less than a mile. There will be three underground stations for passenger loading and unloading and an elevator or escalator system for passenger access to each station.

The people mover, once complete is supposed to whisk people between stops at high speeds in modified electric Tesla vehicles. The contract describes these as autonomous vehicles. (Today, Tesla vehicles are not self driving, and instead have an advanced driver assistance system that handles certain tasks on highways such as lane steering and adaptive cruise control.) Before it opens to the public, the contract dictates that TBC test the system for three months.

As Musk’s Boring Company lands one contract, safety concerns have been raised on the design of another more ambitious Loop system from Washington D.C. to Baltimore.

Details of the 35.3-mile system, which emerged recently in a 505-page draft environmental assessment, reveals a design that fails to meet several key national safety standards. The underground system appears to lack sufficient emergency exits, ignore the latest engineering practices and proposes passenger escape ladders that one fire safety professor calls “the definition of insanity.”

TechCrunch

TMZ

Fugees’ Pras Denies Obama Donation Charges, Confirms New ‘Elon Musk’ EP

May 14, 2019 |

Fugees rapper Pras wants to set the record straight about the feds claiming he illegally sunk millions into President Obama’s coffers, or as he’d put it … check out my new music!!! Seriously, it really went down that way when Pras joined us…

TMZ.com

Elon Musk’s brain tech start-up is raising more cash

May 11, 2019 |

Neuralink, a small and secretive brain computing start-up founded by Elon Musk, has raised $ 39 million of a planned $ 51-million funding round, according to a filing Friday with the Securities and Exchange Commission.

It was not immediately clear whether the funders included traditional venture…


L.A. Times – Business