Tags: Elon Musk
Tesla's increase in production outlook brings its stocks higher
Tesla's stock went up 8.5 percent to $226 after reporting their third quarter earnings where it delivered more cars than expected. Reuters reported that the car company will boost up the production of its electric cars after its Model X SUV saw a strong rollout, bringing its stock up 9 percent even as it reported its biggest loss in ten quarters.
Jeff Bezo's space firm joins Lockheed-Boeing rocket venture
A partnership between Boeing Co. and Lockheed Martin Corp. known as United Launch Alliance (ULA) has sealed a deal with Jeff Bezo's space company, Blue Origin. The new partnership agreement took place as Aerojet Rocketdyne Holdings was reported to have made an offer to buy the joint venture company for a reported amount of $2 billion cash.
Florida County okays incentives to space firm Blue Origin
As part of its objective to promote industrial and business activity, Florida County has offered incentives to Blue Origin to make and launch rockets near NASA's Kennedy Space Center. Blue Origin has been promoted by billionaire Jeff Bezos, founder and Chief Executive of Amazon.com. The space center is coming up in Brevard County.
Elon Musk's Hyperloop starts construction in 2016; Oerlikon Leybold and Aecom joined in
Hyperloop Transportation Technologies had agreed to work with Oerlikon Leybold Vacuum and engineering design company, Aecom, to build Elon Musk's vision; the Hyperloop tube.




