Archive for the ‘Elon Musk’ Category

Where Does Elon Musk Live? Inside the Properties of the World’s Richest Man – Architectural Digest

The question begs to be asked: Where does Elon Musk live? One might think the billionaire, often the richest person in the world (depending on Teslas stock valuation on any given day), would have the real estate portfolio to end all real estate portfolios. At the time of publication, SpaceX and Tesla CEO has a net worth of $208.4 billion, according to Forbes, thanks to his advancement of electric cars and space exploration. But despite it all, Musk now resides in a tiny house with very few bells and whistles. Read on as we share the scoop on where Musk calls home, and why.

Taking to Twitter (now known as X) in 2020, Musk vowed, I am selling almost all physical possessions. Will own no house and promptly went on to list his seven California properties. When one of his followers asked why, he had a one word answer: freedom. Combined, the asking prices for the seven homes was over $100 million.

Six of Elon Musks houses were in the Los Angeles region. The first was a 16,251-square-foot home with six bedrooms and 11 bathrooms. The palatial estate was built in 1990 in an architectural style reminiscent of a French chteau, and featured a two-story library, wine cellar, tennis court, pool, and home theater. The home sold for a staggering $29 million, according to Zillow.

Property number two was a low-slung white-shingled house that was once the home of actor Gene Wilder. The 2,800-square-foot home had five bedrooms, four bathrooms, and decades of rich Hollywood history. Jordan Walker-Pearlman, the nephew of Wilder, had once thought the home had been demolished, until a drive through the neighborhood with his wife showed him otherwise. About a year later, a friend sent Walker-Pearlman a screenshot of Musks tweet stating he would sell his home. Musk sold the historic house back to the late actors family for $7 million with one stipulationthat the property be preserved. Per Musks tweet, it cannot be torn down or lose any of its soul.

The final four Los Angeles properties were all a stones throw away from each other in Bel-Air, with three being on the same road. According to The Wall Street Journal, the first was a six-bedroom, 7,000-square-foot house that was originally built in 1954; the second was a modest ranch house on an adjacent street; the third was a large, unfinished contemporary home three doors down; and the fourth was a white brick Colonial next to that. While the parcels were four separate homes, they were listed together on Zillow with a price of $62.5 million and sold to developer Ardie Tavangarian, owner of Arya Group. The group made a statement saying they plan to redevelop the properties into a new single development project to make it truly one of a kind, according to Mansion Global.

The final property Musk sold was a 16,000-square-foot mansion in Hillsborough, Californiaan affluent area in Silicon Valley. The Mediterranean-style residence, also known as Guigncourt, sat on more than 47 acres of land and boasts seven bedrooms, nine and a half bathrooms, a professional-grade kitchen, a library with leather walls, its own reservoir, and far-reaching views of the San Francisco Bay Area and skyline, according to Maison Global. Not to mention a ballroom with 20-foot ceilings featuring crown moldings, complete with gold leaf detail. The home sold for $40.8 million in 2021.

A spacecraft at the SpaceX facility in Boca Chica, Texas

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Where Does Elon Musk Live? Inside the Properties of the World's Richest Man - Architectural Digest

How Rivians CEO learned to ignore Elon Musk and learn from Jeff Bezos – Fortune

Rivian CEO RJ Scaringe has always been a go-getter, but he didnt become successful all on his own.

As a 26-year-old, Scaringe put it all on the line to launch an electric vehicle company, but he also took money that his dad had offered him after refinancing his home. The company had a strong thesis for the EV of the future, but Scaringe couldnt have made it a unicorn without the billions of dollars contributed by investors that believed in him.

On Tuesday, Scaringe secured some of his most critical help yet in the form of a $5 billion lifeline from Volkswagen that will likely ensure Rivians position for the foreseeable future.

In reaching the deal, the Rivian CEO once again leaned on others, to his and the companys benefit. He acted on the sage advice of one of his closest advisers and discarded scathing criticism by his biggest detractor, both of which happen to be some of the most powerful people in the world, according to an interview Scaringe gave to GQ last fall. One of the keys to Rivians success was Scaringes decision to trust Amazon CEO Jeff Bezos and ignore Tesla CEO Elon Musk, he said.

As the CEO of rival EV maker Tesla, Elon Musk has had plenty to say about Rivian and Scaringe over the years. In 2021, Rivian began manufacturing its R1T electric pickup truck, but soon production slowed to just over one electric truck per daya development Musk mocked on X, saying, Prototypes are trivial compared to scaling production and supply chain.

Even after the companys successful IPO gave it a valuation at the time of more than $100 billion, Musk still expressed doubts.

There have been hundreds of automotive startups, both electric and combustion, but Tesla is the only American carmaker to reach high-volume production and positive cash flow in the past 100 years, he posted on X about the EV maker in 2021.

In February, Musk predicted that at its current trajectory, Rivian would be bankrupt in six quarters, or about a year and a half.

Maybe that trajectory will change, but so far it hasnt, he wrote in a post on X.

In a thinly veiled shot at Musk in October, Scaringe said he takes a different approach to building his company by staying out of the limelight and letting the products do the talking, he told GQ.

Making bombastic statements is always a faster way to get a lot of coverage, a lot of clicks, but we dont have a shortage of demand; we have a lot of people really excited. In fact, our biggest customer complaint today is that were not building vehicles fast enough, he told the outlet.

Instead of focusing on Musks comments, Scaringe said he has a single-minded focus on his own company.

If youre a race-car driver, and you spend all your time looking at the cars, the left and the right, youre going to run into the wall, he told GQ. When you play the game that were playing, we need to focus on the products were building.

Scaringe, instead, has heeded the counsel of Jeff Bezos, founder and former CEO of Amazon, which invested $700 million in Rivian and ordered 100,000 electric vans from the company in 2019. Bezos was someone Scaringe immediately hit it off with, he said.

I think he connects with entrepreneurs and people who have an appetite and a tolerance for high risk, and thats certainly me, he told GQ of Bezos.

The Amazon executive chairman and his team were also key to helping Rivian grow by asking questions about the companys strategy, and encouraged Scaringe to think of his business as a game of chess.

Our objective is to sell many millions of cars a year, he said. But you cant press a button and go from zero to 5 million cars or 10 million cars a year. It takes a lot of buildup. Its a complex, multidimensional 20-year chess game.

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How Rivians CEO learned to ignore Elon Musk and learn from Jeff Bezos - Fortune

Elon Musk’s SpaceX will deorbit International Space Station – Quartz

Photo: Paolo Nespoli - ESA/NASA ( Getty Images )

The International Space Station is dying. Once an icon of space exploration, something I would stare up at the sky in hopes of seeing as a kid, the station is now spending its last few years in orbit before being taken down by NASA. Or, more specifically, being crashed into the Pacific Ocean by Elon Musk.

Apple has fixed multiple security issues with its devices this year

NASA announced its intent to deorbit the ISS back in 2022, but according to the BBC we now know who submitted the winning bid: SpaceX, which will be given $843 million to complete the job. The company will have to create a new vehicle, which will be used to push the station into the Pacific Ocean from space.

Some of you may be thinking Hey, I live near the Pacific Coast. What happens if Musk misses, and crashes the ISS into me personally instead of the ocean? Well, statistically, thats probably not something youll have to worry about. The Pacific is a lot bigger than many people give it credit for, meaning the margins for error are absolutely massive. If the station does hit your house, though, please send pictures to adasilva@jalopnik.com.

When the ISS becomes an artificial reef beneath the Pacific, well be sure to miss it. Its been in space most of my life, helping humanity to understand just whats going on up there and how were all affected by it. You had a good run, International Space Station. Well pour one out for you at Jalopnik HQ.

A version of this article originally appeared on Jalopnik.

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Elon Musk's SpaceX will deorbit International Space Station - Quartz

Elon Musk could avert global species extinction with only a portion of his wealth – Mongabay.com

Can we save thousands of the worlds most threatened animals and plants from extinction by protecting just a tiny fraction of the Earths surface? A new study in Frontiers in Science suggests that safeguarding just 1.2% of the planets land surface, about 1.64 million square hectares (633,200 square miles), or an area slightly smaller than Alaska, could do just that.

Researchers mapped out 16,825 unprotected sites harboring rare and threatened species. Dubbed Conservation Imperatives, these are the areas they say must be protected within the next five years to avoid imminent extinctions.

The researchers combined six different global biodiversity data sets and used satellite imagery to determine which places still contain suitable habitat for rare species, excluding urban areas, farmland and severely degraded land.

The vast majority (about 75%) of these high-priority Conservation Imperatives are located in tropical and subtropical moist forests. Geographically, the sites are highly concentrated, with just five countries the Philippines, Brazil, Indonesia, Madagascar and Colombia containing 59% of all identified sites globally.

Eric Dinerstein, the studys lead author and senior biodiversity expert at the NGO RESOLVE, explains that many species on Earth are rare, with limited geographic ranges or low density populations. He notes that these rare species tend to be clustered in specific areas. In our study, zooming in on this rarity, we found that we need only about 1.2% of the Earths surface to head off the sixth great extinction of life on Earth.

These [Conservation Imperative] sites are home to over 4,700 threatened species in some of the worlds most biodiverse yet threatened ecosystems, said study co-author Andy Lee, also of RESOLVE. These include not only mammals and birds that rely on large intact habitats, like the tamaraw [Bubalus mindorensis] in the Philippines and the Celebes crested macaque [Macaca nigra]in Sulawesi, Indonesia, but also range-restricted amphibians and rare plant species.

Protecting these areas isnt without challenges. Karl Burkart, study co-author and deputy director of One Earth, points out that most identified sites are quite small. About 75% of the sites are under 1,000 hectares. Many of these small parcels are surrounded by agricultural land or other forms of development, making protection more complex. Additionally, there are overlaps with oil & gas, mining and timber concessions in some of these crucial areas.

Although these collectively make up just 1% of the total Conservation Imperatives area Burkart emphasizes that some of these small parcels might contain the last remaining populations of critically endangered species at risk of extinction within the next decade.

On a more positive note, more than one-sixth of Conservation Imperatives sites overlap with Indigenous territories. Often the most effective stewards of biodiversity, these groups have jurisdiction over about 17% of the identified sites. This should be a focus to help secure land tenure rights for the tribes stewarding these landscapes, Burkart said.

The study also highlights a concerning trend in recent conservation efforts. Despite global initiatives to increase protected areas, only 7% of land protected over the past five years overlapped with these critical areas for rare species. This suggests that current conservation strategies may not be effectively targeting the most crucial habitats for endangered species.

Whats the price tag for protecting these crucial areas? The researchers estimate it would cost about $169 billion over the next five years.

This represents just 0.03% of global GDP and less than 2% of environmentally harmful subsidies provided by governments annually [for example, to the fossil fuel industry], Lee said, a small price to pay to prevent thousands of impending plant and animal extinctions.

Focusing solely on tropical Conservation Imperatives would cost around $34 billion annually over the next five years and could prevent the majority of predicted near-term extinctions, the authors say.

To put this in perspective, Elon Musks net worth is currently $215.5 billion, followed by Jeff Bezos at $203.7 billion and Mark Zukerberg at $179 billion.

The relatively modest cost of protecting these areas, when compared with global spending in other sectors, is highlighted by David Lindenmayer, an expert at Australian National University who was not involved in the research but served as a reviewer of the study.

The article really highlights how important but also straightforward reservation of the most crucial areas for conservation could be in terms of financial costs a tiny fraction of the money wasted on armaments every year but there also could be huge employment and economic benefits of strengthening conservation efforts that better support local communities, Lindenmayer told Mongabay.

To arrive at these economic estimates, the research team analyzed prices from numerous land protection projects over the past 14 years, considering factors like land type and location. However, they stress that these are rough estimates, as there are various ways to protect land, each with different costs.

The researchers emphasize that local people, including Indigenous communities, will need to decide what protection methods work best for their areas.

So how do we pay for this? In the past, money for protecting nature has mainly come from governments, charitable donations, carbon offset programs like REDD+, and companies compensating for their environmental impacts. At the Kunming-Montreal negotiations the idea of wealthy countries pledge $20 billion a year for nature conservation was discussed. However, it is far from a done deal, said Burkart.

Burkart suggests new, innovative funding approaches, such as an Earth fee on currency trades to generate significant funds for conservation efforts.

Right now, currency trading is the most frictionless form of wealth transfer. Its too frictionless, allowing rampant currency speculation which isnt good for the economy, he said. Approximately $7.5 trillion is traded daily, and he suggests that a one basis-point fee would generate approximately $250 billion per year in new finance. These funds could be directed to land acquisition, Indigenous land tenure, and other conservation measures to protect high biodiversity areas.

The study also finds that 38% of the identified areas are either adjacent to or within 2.5 kilometers (1.5 miles) of existing protected areas. The researchers suggest this proximity could make expanding protection more feasible and reduce management costs.

However, the authors acknowledge that simply setting aside land will not be enough in many cases. Additional conservation actions like controlling invasive species or hiring patrols to protect against illegal hunting and logging may be necessary. Collaboration with and leadership by Indigenous peoples and local communities is crucial, the researchers stress.

The study comes as the world grapples with accelerating biodiversity loss. A U.N. report last year warned that around 1 million animal and plant species are threatened with extinction, many within decades.

The research team says it hopes its findings will guide countries, conservation groups and businesses in focusing their efforts where they can have the biggest impact on averting these extinctions. It presents the Conservation Imperatives as a starting point for more detailed, local conservation planning efforts.

Its sort of a Noahs ark moment, Burkart said. We need to focus ASAP on the sites harboring rare and threatened species Really, we are going to need a movement of people around the world to save these remaining areas before its too late.

Banner image of an indri (Indri indri), a Critically Endangered primate native to Madagascar. Photo by Rhett A. Butler for Mongabay.

Liz Kimbrough is a staff writer for Mongabay and holds a Ph.D. in Ecology and Evolutionary Biology from Tulane University, where she studied the microbiomes of trees. View more of her reportinghere.

New study says conservation works, providing hope for biodiversity efforts

Citation:

Dinerstein, E., Joshi, A. R., Hahn, N. R., Lee, A. T., Vynne, C., Burkart, K., & Zolli, A. (2023). Conservation Imperatives: Securing the Last Unprotected Terrestrial Sites Harboring Irreplaceable Biodiversity. Doi: 10.3389/fsci.2024.1349350/full

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Elon Musk could avert global species extinction with only a portion of his wealth - Mongabay.com

After 4 Cybertruck recalls in 5 months, Elon Musk’s Tesla may soon lose more of its luster – Fortune

Tesla just cant shake those quality problems with its Cybertruck.

The first recall came at the end of January, thanks to a warning-light font size that was too small, which could have caused crashes, though Tesla said there was no record of any happening. This was easily fixed with an over-the-air software update, unlike the next recall in April, when Tesla had to physically fix the vehicle because its accelerator pedal couldand didget stuck, causing surprise acceleration.

But yesterday, Elon Musk truly spoiled his critics with not one but two Cybertruck recalls, both of the this-needs-to-come-in variety.

Tesla paused Cybertruck shipments a couple weeks back, with some reports saying there was a windshield wiper issue. Accordingly, one of the recalls is because excessive electrical current can cause the front windshield wiper motor controller to failincreasing the risk of a crash. The wiper motor needs to be replaced. Its not clear if there were any crashes because of this, but there were multiple reports of the wipers failing.

The other recall is because the Cybertrucks sail appliquethe long strip of plastic lining on top of the sides of the truck bedwas badly installed in some vehicles. The cosmetic piece fell off in at least two instances and had the potential to create a road hazard for people driving behind the truck.

Thats four recallsthree physicalin just five months. Its only been seven months since people first took delivery of the thing. Like the Cybertruck itself, its not a good look. (Your mileage may vary; nearly 12,000 Cybertrucks have been delivered, suggesting plenty of people do like its early-PlayStation-graphics design.)

Teslas investors, who recently decided that Musk deserves a $50-something-billion pay package, remain very patient people. There was barely a blip in the rise of the companys share price, which ended Tuesday up 2.6% and continued its ascent this morning (the stock is down over 30% this year.)

Whats likely to be of more interest to them is Teslas next overall shipment figures, which are expected to arrive early next week. Wall Street consensus has deliveries down to 440,000 from 466,000 last year, though some analysts say you could lop off another 20,000 or so.

On top of that, other carmakers will also soon report their Q2 shipments and, as Bloomberg reports, it is quite possible that Tesla will no longer be the electric car company that sells more in the U.S. than all its rivals combined. Its Q1 sales were already down 13%, while the likes of Ford and Hyundai soared.

That is not a favorable trajectory, but perhaps it is naturalin an expanding market, an early lead may not last forever.

More news below.

David Meyer

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Waymo accelerates. Waymo, Alphabets robotaxi outfit, has begun offering its services in San Francisco without a waiting list. As TechCrunch reports, this comes shortly after two Waymo software recalls. Meanwhile, GMs Cruise robotaxi unit has a CEO again, after predecessor Kyle Vogt was felled in a serious safety scandal. The new CEO is Marc Whitten, who was a founding engineer in the Xbox team, and also an Amazon executive.

OpenAI delays voice assistant. ChatGPTs voice assistant feature was supposed to be released about now, but OpenAI is delaying the launch while it improves the models ability to detect and refuse certain content, it said. Bloomberg reports that OpenAI also wants to get its infrastructure ready to handle what it expects to be heavy demand. Meanwhile, OpenAI suddenly cut off access to its services in China this week, and Bloomberg also reports that local rivals like Baidu and Alibaba are racing to scoop up OpenAIs customers there.

Reddit vs. AI bots. Reddit, which last month announced a partnership with OpenAI, doesnt want other AI companies feeding off its users data. As The Verge reports, Reddit has updated its robots.txt file to tell most automated bots not to scrape data from its website. However, recent reports have suggested that several AI companies (Perplexity is a notable example) have been ignoring the anti-scraping requests in websites robots.txt files and siphoning off their data anyway.

It is true that we have ferocious competition with [OpenAI]. They are an independent company. We dont own or control them. We dont even have any board members. So they do entirely their own thing. But we have a deep partnership.

Microsoft AI CEO Mustafa Suleyman tells delegates at the Aspen Ideas Festival that the two companies will partners for many, many years to come.

Rivian founder tells investors why incoming shareholder Volkswagen needs his help to take on Tesla just as much as he needs the cash injection, by Christiaan Hetzner

Ethereum ETF process going smoothly a testy SEC Chair declares, by Michael Del Castillo

LinkedIns cofounder slams Trump social network Truth Socials absurd $6 billion valuation, by Seamus Webster

The move fast, break sh*t ethos of todays AI startups is already coming back to haunt themand us, by Jeremy Kahn

For U.S. VCs, average fund size this year hit $153.5 million. But fundraising is only going well for a select few, PitchBook data shows, by Allie Garfinkle

Why the Pentagons overtures to the private space industry are good news for Europe, by Jeff Huggins (Commentary)

Apples RCS push. One of the bonuses inside the upcoming iOS 18 is newfound support for the Rich Communication Services standard, which will let iPhone users send media-laden messages, with read receipts, to Android users (and vice versa, obviously). 9to5Mac reports that some U.S. carriers have now enabled this in their infrastructure, so if youre running iOS 18 beta 2 and youre with AT&T, T-Mobile, or Verizon in the U.S., you should be able to turn on the functionality now.

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After 4 Cybertruck recalls in 5 months, Elon Musk's Tesla may soon lose more of its luster - Fortune