Elon Musk

Complaints Of Horrid Working Conditions At Tesla Factory Are 'disingenuous Or Outright False

... the stock benefits, Tesla employees earned "70,000 and $100,000 more in total compensation" over that time, since 2013. As for overtime, he said that Tesla has already addressed that and as of January 1, employees were averaging "about 43 hours per week" and that the Model 3 will not result in as much mandatory overtime as the Model X. "The average amount of hours worked by production team members this year is about 43 hours per week. The percentage of overtime hours has declined by almost 50% since the super tough time we had last year achieving rate on the Model X, which is probably the hardest car to build in history. What an amazing accomplishment! It is also a lesson learned, which is why Model 3 is designed to be dramatically easier to manufacture. Free frozen yogurt and roller coaster. Musk made one more point. He wanted Tesla to ...

Elon Musk Says He'll Build A Roller Coaster At His Tesla Car Factory

... last year, scientists found happiness made people around 12 per cent more productive. The study by Warwick University included four different experiments with more than 700 participants. During the experiments a number of the participants were either shown a comedy movie clip or treated to free chocolate, drinks and fruit. Others were questioned about recent family tragedies, such as bereavements, to assess whether lower levels of happiness were later associated with lower levels of productivity. 'The driving force seems to be that happier workers use the time they have more effectively, increasing the pace at which they can work without sacrificing quality,' said Dr Daniel Sgroi. 'This is vital to succeed in our mission to accelerate the advent of a clean, sustainable energy future,' he said. 'The forces arrayed against us are many and incredibly powerful. 'This is ...

Elon Musk Takes Business Advice From 10-year-old

... suggested that Musk ran a competition for homemade adverts to promote the luxury electric car brand. She wrote: “So I think that you should run a competition on who can make the best homemade Tesla commercial and the winners will get their commercial aired. “The cool part is that you still won’t be taking the time and money to advertise for yourself. “Plus, this is something your fans and customers will definitely love. “You could give the winners a year of free Supercharging or a Model 3 Easter Egg or something.”. After spotting the tweet, billionaire Musk pledged his support for the school project. Thank you for the lovely letter. That sounds like a great idea. We'll do it! __link__/ss 2 Wmk OGyk. — Elon Musk (@elonmusk) March 2, 2017. Parents are increasingly encouraging their tots to pick up a pen and paper after a raft of great responses from tech company CEOs to young fans. Earlier this month Chloe Bridgewater, 7, found fame after her rejection letter from Google went viral. In an application ...

Spacex Moon Mission Extends Elon Musk's Ambitions

... considerable sums in Space X, released a statement late on Monday saying that it commended "its industry partners for reaching higher". Musk tweeted: “Space X could not do this without Nasa. Can't express enough appreciation”. But the comparisons are inescapable. And this is a wave we are witnessing. Jeff Bezos, the founder of Amazon, has been quietly acquiring space credentials through his impressive Blue Origin company. He is building a rocket to rival the Falcon Heavy that he calls New Glenn. He's even got one on the drawing board that's bigger still called New Armstrong. The ambition is the same as Space X. So is the cost model. That is, to create something which is considerably cheaper than the public sector can deliver with its onerous oversight and its (politically driven) distributed manufacturing ...

Elon Musk Is Running Out Of Money

... a small detail that might terrify a lesser C. E. O. than Elon Musk: Tesla, despite having about $3.5 billion on its balance sheet, is somehow running out of cash at ludicrous speeds. The simple explanation for Tesla’s quick cash burn is that launching a new car is expensive. The Model 3, Tesla’s forthcoming, more affordable electric sports sedan, requires revamping the company’s manufacturing process, which is expensive. Hundreds of thousands of people have pre-ordered the new model, the production of which Musk expects will drain Tesla’s balance sheet down to $1 billion after its launch. On Wednesday, Musk explained that Tesla can launch the Model 3 without raising more money, but it would probably be prudent to have some extra cash on hand. “How close to the edge do we want to go? According to our financial plan, no capital needs to be raised for the Model 3, but we get very close to the edge,” Musk told analysts on a conference call after reporting earnings this week. But since “that’s probably not the best thing for shareholders,” he continued, “it probably makes sense to raise ...

There's Only One Way To Fix L.a.'s Traffic, And It Isn't Elon Musk's Tunnels. We Need Tolls

... on the road. Just as with airfare, people respond to these signals. People have more flexibility in their drive times than you might imagine. Roughly half of peak-hour trips are not commutes to work or school. With HOT lanes, when prices are high, people adjust accordingly. If it's worth it, they get in the lane and save time. If they don’t want to pay, they have that most American of options — choice: They could use the unpriced lanes, go at a different time, carpool, or take transit to avoid the cost. Experts have pointed to tolls as a traffic solution for decades, yet building political support for road fees continues to be a challenge — the most common complaint being: "Oh, so only rich people can drive?". This critique ignores the fact that working Americans often suffer the most severely from the impacts of poor mobility. Working-class parents who are late to pick up their kids from day care, for example, often pay severe financial penalties. Having the option to reach their destination quickly could actually save them money. In fact, experience with dynamic tolling in the United States has shown that people of all income ...

Elon Musk's Moon Mission Is Exciting, Audacious

... that schedule has slipped from 2017 and could slip some more. Space Tourist Richard Garriott to Space X Moon Travelers: Get Ready for a 'Profoundly Life-Changing' Ride. But the moon is another matter. In some ways Musk has kept things easy. His company has already selected the crew — two so-far unnamed passengers who are being described as paying tourists, not astronauts, though they will still undergo what Musk describes as "extensive training." That training, however, will be mostly be about how to manage emergencies and survive the physical rigors of flight; the spacecraft will be doing all of the flying automatically. The mission will also be the simplest moon journey possible — a so-called circumlunar trajectory, in which the ship simply swings around the far side of the moon and allows lunar gravity to fling it home, rather than settling into orbit. Orbiting the moon is not only more difficult ...

Humans Must Merge With Machines Or Become Irrelevant In Ai Age

... of the connection between your brain and the digital version of yourself, particularly output.". show chapters. Friday, 13 Jan 2017 | 1:55 PM ET | 00:39. Musk explained what he meant by saying that computers can communicate at "a trillion bits per second", while humans, whose main communication method is typing with their fingers via a mobile device, can do about 10 bits per second. In an age when AI threatens to become widespread, humans would be useless, so there's a need to merge with machines, according to Musk. "Some high bandwidth interface to the brain will be something that helps achieve a symbiosis between human and machine intelligence and maybe solves the control problem and the usefulness problem," Musk explained. The technologists proposal would see a new layer of a brain able to access information quickly and tap into artificial intelligence. It's not the first time Musk has spoken about the need for humans to evolve, but it's a constant theme of his talks on how ...