Archive for the ‘Elon Musk’ Category
Elon Musk Reacts To Footballer Isaiah Simmons’ White Tesla Cybertruck Parked Up In Manhattan: ‘Nice’ – Benzinga
Tesla Inc CEO Elon Musk thinks matte white is a good look on his EV companys stainless steel Cybertruck.
What Happened: Nice, Musk wrote in response to a TikTok video of a white-wrapped Cybertruck shared on social media platform X. The truck belongs to Isaiah Simmons, an American football linebacker for the New York Giants of the National Football League (NFL).
Simmons himself shared pictures of the white truck on Instagram a few weeks back. One of the pictures shared showed the footballer standing on the truck bed, either on its tonneau or the rim.
The vehicle, in addition to the white wrap, features white wheel caps and the stamp of the automotive design workshop behind the revamp, namely Abushi from New York.
Why It Matters: The Cybertrucks stainless steel body allows no exterior paint. However, customers can wrap the truck, either with wraps available at Teslas online shop, or more individualistic wraps from third-party customizers. The clear and paint films available on Tesla shop are priced between $5000-$6500.
Tesla started delivering the Cybertruck in November. Since then, several celebrities and popular names have taken delivery of it including Justin Bieber, Jay-Z and Beyonce, Serena Williams, and Lady Gaga.
The celebrity status of the Cybertruck is likely due to the vehicles unconventional design, high price point, and the small number of units available on the road. The vehicle pricing starts at $79,990 for the all-wheel drive version and $99,990 for the more premium Cyberbeast version. A lower-priced rear-wheel drive version of the truck will beavailable in 2025, as per the company website, starting at $60,990.
Tesla is currently scaling the production of the Cybertruck and aims to make 250,000 annually by 2025. For now, Tesla has touched a weekly production rate of 1,300 Cybertrucks, Musk said at Tesla's annual shareholder meeting earlier this month. The company is looking to increase it further this year to touch 2,500 units by year-end, he added.
Check out more of Benzingas Future Of Mobility coverage byfollowing this link.
Read More:Days After ESA Director Dismissed Competition From SpaceX's Starship, Ariane 6 Loses Customer To Elon Musk-Owned Company's Falcon 9
Photo courtesy: Tesla
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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