Marker
Pop business for the intelligent reader. A publication from Medium.

Tesla

In Marker. More on Medium.

Elon Musk on the red carpet of the Axel Springer Award 2020 on December 1, 2020 in Berlin, Germany. Photo: Britta Pedersen/Pool/Getty Images

“Underestimating Elon is not a good idea,” Bill Gates said on Kara Swisher’s podcast the other day. But really, at this point, who is underestimating Elon Musk? The man is everywhere, influencing everything (or trying to). In addition to hyping his own companies, he’s chiming in on cryptocurrency and “Gamestonk,”…

Low-angle view of the facade of Tesla Motors dealership with logo and sign in Pleasanton, California.
Photo: Smith Collection/Gado/Getty Images

Tesla is on a monumental, yearlong stock price tear, and here is one way to grasp the enormity of it: It is now worth as much as big oil companies ExxonMobil, Chevron, BP, France’s Total, and Italy’s Eni combined in addition to car manufacturers General Motors, Volkswagen, Ford, and Nissan…

NUMBER OF THE DAY

Photo illustration, source: Rick Kern/WireImage/Getty Images

10,000: That’s how many new jobs the businesses that relocated to Austin, Texas, this year are expected to bring to the city, according to the Wall Street Journal.

That figure was estimated before software company Oracle announced on Friday that it was shifting its headquarters from Silicon Valley to the…

In a carefully managed release of data, QuantumScape announced that its lithium-metal battery would take a car 240,000 miles and recharge in 15 minutes. The data show the cells working comparatively well in cold temperatures.

I wrote in The Mobilist yesterday about how the San Jose-based battery company is playing…

As I wrote today on my new blog, The Mobilist, GM has fired a surprising salvo in the Battery War — a vow that it will beat Tesla, VW, and everyone else to the superbattery. Yesterday, GM executives claimed they would win one of the biggest battles of all —…

NUMBER OF THE DAY

$123 billion: Elon Musk’s net worth as of Thursday, making him the world’s third-richest person. Source: Bloomberg
Photo illustration, source: Patrick Pleul/dpa-Zentralbild/ZB/picture alliance/Getty Images

$123 billion: That was Elon Musk’s net worth by the end of stock trading Thursday — a $13 billion jump from Monday — making him the world’s third-richest person.

After a dozen years of the brow-furrowed tut-tuts of naysayers galore, Tesla on Monday was approved for entry to the halls…

GMC HUMMER EV. Photo: GMC

When it comes to electric vehicles, GM has spent a decade looking ambivalent. In 2010, the carmaker released the Volt, the world’s first major plug-in hybrid electric car. Then, in 2016, it debuted the Bolt, the first 200-mile, fully electric vehicle. Critics fawned over both cars, but GM seemed to…

No Mercy No Malice

Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019.
Photo: Frederic J. Brown/AFP/Getty Images

Every decade, there’s at least one financial crisis somewhere in the world. When asked what a recession was, Jamie Dimon responded, “Something that happens every five to seven years.” It’s been 11. One of the many strange things about a crisis is that the country of origin (this time, China)…

Marker

Pop business for the intelligent reader. A publication from Medium.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store