Note From The Curator
Here are the top 3 stories in this issue of Elon Musk News:
- SpaceX And Blue Origin Fight To Win The Modern Space Race
- Tesla vehicles are being tested in a 80-day race around the world
- Elon Musk's $1 billion nonprofit OpenAI wants to build a robot to do housework
This issue's top article is Fast Company's comparisson of SpaceX and Blue Origin. The most interesting part is the difference in company cultures, and how that influences the trajectories of the two companies. As SpaceX communications manager Phil Larson states: "Hours and expectations are higher than the industry average, but you can’t make humanity a multiplanetary species on 40 hours a week."
There is also a very interesting article about OpenAI, probably the least known company that Musk is involved with.
Thanks for reading, and enjoy issue 18!
Sincerely,
Zachary K.D.
P.S. No shirt sales this issue. On Friday we have a unique, limited edition t-shirt coming out. Stay tuned!
Featured Quote
"I mean, it's not out of question that Tesla would do electric aircraft in the future. Our goal is to accelerate the advent of sustainable transport."
— Elon Musk
Photo from Steve Jurvetson, Quote from The Motley Fool
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Elon Musk News
Elon Musk is still planning to make a real amphibious electric vehicle of his James Bond car
TSWLM is the acronym of the title for the 1977 James Bond movie ‘The Spy Who Loved Me‘. In the movie, Bond was driving a modified Lotus Esprit that could change into a submarine. The vehicle they used in the movie was lost for years, but it was eventually found in a storage locker bought for $100 and three years ago, Elon Musk secretly bought it for ~$900,000 in a bidding war with another car collector. While they did modify the vehicle for the production, it can’t really be used as a submarine like in the movie, but Musk plans to change that.
The unique Lotus Esprit is now parked in Tesla’s Design Studio in Hawthorne, California. It’s not only around to inspire the troops – Tesla’s CEO is making a side project out of it as mentioned in the tweet above. In an interview following his purchase of the Lotus, Elon made it clear that it is a “low priority project” but that he also really want to see it happen:
“We want to see if we can make it do what it appears to do in the movie for real.”
Read the full article | Photo from @elonmusk
Elon Musk's response when SolarCity CEO asked for Tesla discount
Look, I'll be honest - if I had Elon Musk as a family member I'd hit him up for a Tesla. So it only makes sense that Lyndon Rive, SolarCity CEO and Musk's cousin, figured it was worth asking Musk for a discount on a Tesla (Musk is also chairman of SolarCity). But when Rive finally got around to asking Musk for the discount, he was met with a pretty funny burn.
"I asked, 'Elon, hey can I have a family discount' and his answer is, 'Yeah absolutely. Go to TeslaMotor.com, buy the car online, and the price you see there is the family discount,'" Rive told Tech Insider. "Everyone gets a family discount."
Read the full article | Photo from Michael Solita
SpaceX
SpaceX And Blue Origin Fight To Win The Modern Space Race
Most Blue Origin and SpaceX insiders recoil at the idea of a rivalry, preferring to view their contributions to spaceflight as progress for all mankind. But the fact is that the two companies are engaged in fierce competition: to recruit the best engineers, and, above all, to make history. And their respective leaders, Bezos and Musk, are in the running to be the world’s dreamer-in-chief.
Let Alphabet CEO Larry Page have his moonshots; this is about Mars. Bezos and Musk are not only competing against each other but an emerging generation of aerospace entrepreneurs, as well as fellow swashbuckling billionaires Paul Allen, Yuri Milner, and Richard Branson, all of whom have private space initiatives. But Blue Origin and SpaceX’s more frequent launches, chronicled for social media consumption, have given them the lead in the public’s imagination.
So who is winning? I learn the answer when I attend the New Space Age conference at MIT in April. The day before, SpaceX had landed its rocket on that floating drone ship, and the chatter among some of the most brilliant minds in aerospace sounds like a board meeting for Elon Musk’s startup. In presentation after presentation, hardly a minute goes by without talk of Musk or SpaceX. "It is far and away in the lead right now of private-rocket development," praises former NASA astronaut Jeffrey Hoffman. Even William Pomerantz, VP of special projects at Richard Branson’s Virgin Galactic, tells me, "They have achieved the most results so far and are affecting massive change." He calls Blue Origin more of a "wild card."
Read the full article | Photo from Travis Coburn
SpaceX may face $15,000 port fee for booster return
Port Canaveral is considering charging SpaceX $15,000 every time the company brings one of its rocket boosters to the port after it successfully lands on a drone ship in the Atlantic.
Port staff has proposed a new cargo wharfage charge for aerospace and aircraft items that initially would apply to SpaceX, which has set a goal of being able to return and reuse the first stage of its Falcon 9 rocket. Canaveral Port Authority commissioners will consider the staff proposal on Wednesday.
“The proposed wharfage fee is 14 times higher than what any other business is being charged for using port facilities," SpaceX spokesman John Taylor said in an email to FLORIDA TODAY. "Port Canaveral is an important partner in our recovery operations. But we expect fees to be fair and reflect our actual use of the port. We’re looking forward to participating in the meeting later this week.”
Read the full article | Photo from SpaceX
Tesla
Tesla vehicles are being tested in a 80-day race around the world
The 80edays 2016, also known as the ELDURO, is an endurance race around the world with only all-electric vehicles – mainly Tesla Roadsters and Model S sedans. 14 international teams will rally across 25,000 km, 20 countries, and 3 continents to finish in Barcelona in 80 days or less.
Along the way, the teams will attend “over 40 events are organized to raise awareness about EV technology.” The race started this weekend in Barcelona and all the teams reached Lisbon in Portugal. They will fly the vehicles over the Atlantic ocean and continue the race in Nova Scotia, Canada.
The organisation describes the goal of the race: “They will share their EV experiences and send a strong message to the industry that sustainable technology is the future. Passing through preset presentation points (checkpoints), they will plant trees in a bid to offset the greenhouse impact from the event.” They will also collect interesting data on how the vehicles perform in different road and weather conditions considering they will literally travel around the world.
Read the full article | Photo from 80edays
Why the Tesla and electric car boom could be good news for the grid
Earlier this year, breathtaking numbers of pre-orders for the Tesla Model 3 not only shocked the auto industry, but also suggested that a transition of the U.S. and world auto fleet toward electric vehicles could happen faster than expected.
Clearly, a lot of EVs means a lot of electricity use. In particular, if large numbers of EVs are charging at roughly the same hour of day... "If it increased the peak, we would have to invest more money for more generation capacity for the peak, which is the most expensive kind of generation capacity," says the Rocky Mountain Institute's Chris Nelder, one of the authors of the report.
The idea is that if we can find ways to shift when this growing fleet of electric vehicles charge up — either toward daylight hours, when they're more likely to be powered by solar, or to overnight hours, when electricity is cheap — then it opens up a number of options and efficiencies. The result, the report says, could actually be more renewables on the grid, fewer greenhouse gas emissions and cheaper electricity prices.
"Instead of investing in this peak capacity, we want to shift that charging so that it happens in the middle of the night when you've got baseload capacity sitting there running," says Nelder. The result, he says, could "actually optimize the use of all the other assets on the grid. And in so doing, it could actually reduce the per kilowatt-hour cost of electricity."
Read the full article | Photo from Tesla
Panasonic ‘gearing up for significant growth’ at the Tesla Gigafactory, will host a special hiring event next week
While Tesla has been manufacturing battery packs at the Gigafactory for its energy storage division since last year, new battery cell production is expected to be the real hallmark of the giant battery factory and it has yet to happen.
Panasonic, Tesla’s strategic partner at the plant, is in charge of the cell production inside the facility and it is expected to begin the process by the end of the year. Now we learn that Panasonic is “gearing up for significant growth” at the Gigafactory and it will host a special invitation-only hiring event on location next week to for “positions in advanced manufacturing”.
Panasonic accelerated its investment in the factory in recent months. During the last quarter, it invested in the Gigafactory almost as much as Tesla – $64 million.
Hyperloop
A rivalry is born out of the race to create the first Hyperloop
[Hyperloop One] announced that it raised over $100 million – enough to build the track – and it hopes to bring the first commercial version to market by 2021. While generally regarded as the frontrunner to build the first hyperloop, Hyperloop One is not the only company developing the new mode of transportation envisioned by Tesla and SpaceX CEO Elon Musk.
Hyperloop Transportation Technologies (HTT) is the other main company aiming to bring to market a full-scale hyperloop, but with a different approach. While Hyperloop One is taking the “normal” startup approach of raising capital through venture capitalist funds and it doesn’t hurt that its co-founder and chairman, Shervin Pishevar, is the managing partner of an important fund, HTT on the other hand is using a crowdsourcing model to develop its technology with part-time engineers working for equity. The company also hopes to launch a crowdfunding initiative later this year.
HTT released details of the propulsion technology it hopes to use as well as plans for a 5-mile track in Quay Valley, California. But now Pishevar suggests that those projects amount only to “PowerPoint presentations” while Hyperloop One is “using steel”.
Read the full article | Photo from Hyperloop One
SolarCity
SolarCity sees bright future in Houston market
The nation’s largest residential solar company is about to enter the epicenter of the world’s oil and gas industry. SolarCity on Monday will begin offering its rooftop solar systems in the Houston area, the California company’s third Texas market, after Dallas and El Paso. The company said it will open a Houston warehouse soon and hire about 100 people for sales and installation.
“This is a big deal for us,” said Lyndon Rive, SolarCity’s co-founder and chief executive. “We’ve been eyeing the market for awhile.” In Houston, Rive estimates Solar City will be able to sell electricity for about 10 cents per kilowatt hour, compared to local prices often ranging anywhere from 7 cents to 12 cents per kilowatt hour.
SolarCity will also sell solar panels at costs of $15,000 or more, as well as offering loans to finance them. The rates start at 2.99 percent for a 10-year -loan and 4.99 percent for a 20-year. If customers go with loans instead of leases, they will directly receive the federal tax credit. Potential customers can start ordering this week, with installations to begin in two months, Rive said
OpenAI
Elon Musk's $1 billion nonprofit wants to build a robot to do housework
OpenAI - the artificial-intelligence research nonprofit cochaired by Tesla Motors CEO Musk and Y Combinator President Sam Altman - wants to build a robot for your home. Building a robot, OpenAI's leadership explains in a blog entry on Monday, is a good way to test and refine a machine's ability to learn how to perform common tasks. By "build," the company means taking a current off-the-shelf robot and customizing it to do housework.
"More generally, robotics is a good test bed for many challenges in AI," reads the blog entry. The mission of OpenAI is to research AI and other machine-learning technologies with an eye toward making sure that the robots don't one day go rogue and destroy humanity.
When OpenAI launched in December 2015, it secured $1 billion in funding from a who's who in tech, including Altman and Musk as well as Silicon Valley luminaries like Jessica Livingston and PayPal cofounder Peter Thiel. Musk and Altman are wary of the power of artificial intelligence. Musk, in particular, thinks that sci-fi visions of a world overrun by robots are actually within reason, while serial investor Altman once said that "AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies."
Read the full article | Photo from Steve Jurvetson
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