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Elon Musk is R1.1 trillion richer than at the start of the pandemic – CapeTalk

The Pretoria native is having an excellent pandemic much like his ber-rich peers.

Covid-19 has plunged millions of people back into extreme poverty.

The worlds richest people, however, are having a great pandemic.

Jeff Bezos +R1.3 trillion ($73 billion)

Elon Musk +R1.1 trillion ($67 billion)

Mark Zuckerberg +R786 billion ($46 billion)

The United States 643 billionaires are collectively R14.5 trillion (US$845 billion) richer today than in March.

However, inequality is rife, even among billionaires.

Elon Musk, Jeff Bezos and Mark Zuckerberg the top three gainers took about 16% of the spoils, leaving the rest to the remaining 640 billionaires.

Musk is now worth about R1.6 trillion ($93,7 billion) making him, by far, the wealthiest person ever to be born and raised in Africa.

He continues to hold South African citizenship, along with being a citizen of the USA and Canada.

Click here for the data in the table above and for all billionaires (courtesy of Americans for Tax Fairness).

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Elon Musk is R1.1 trillion richer than at the start of the pandemic - CapeTalk

California’s Planned Ban on Gas-Powered Auto Sales Is Great for Elon Musk, but It Won’t Help the Environment | Jon Miltimore – Foundation for Economic…

California Gov. Gavin Newsom announced an order this week to ban the sale of new gas-powered road vehicles in the state by 2035.

CNBC reports the proposed rule would not prohibit people from driving or owning gas-powered cars, but would ban the sale of all new gasoline-powered passenger vehicles in the Golden State in an effort to reduce greenhouse gas emissions by 35 percent.

The proposed rule would make California the first state to eliminate sales of such vehicles, though several European countries, including Sweden and Denmark, have made similar commitments.

There are reasons to be skeptical of such policies, however.

Proposals to eliminate gas-powered automobiles are likely to win politicians media coverage and cheers at town hall meetings (at least in some places). But the actual environmental impact of such policies remains unclear.

Its important to remember that CO2 emissions are not just about what comes out of vehicles, but also what goes into vehicles. Electric vehicles might not emit emissions through exhaust pipes like gas-powered cars, but they expend tremendous amounts of CO2 during their production and charging cycles, and require numerous elementssuch as lithium, cobalt, and manganesethat must be mined from the earth.

While conventional wisdom says electric vehicles are more environmentally friendly and an effective tool to fight climate change, research suggests electric vehicles may have environmental costs that actually exceed those of internal combustion engines when the full cycle of production is included.

Jonathan Lesser of the Manhattan Institute, for example, has published research showing that electric vehicles are worse for the environment than modern gas-powered vehicles. Using the Energy Information Administrations long-term forecasts for the number of electric vehicles through 2050, Lesser estimated how much electricity these vehicles would require. He then broke down the effects on three key pollutants that are regulated in the US Clean Air Act: sulfur dioxide (SO2), oxides of nitrogen (NOX), and carbon dioxide (CO2).

What I found is that widespread adoption of electric vehicles nationwide will likely increase air pollution compared with new internal combustion vehicles. You read that right: more electric cars and trucks will mean more pollution, Lesser wrote in Politico.

The fact is, modern gas-powered vehicles are not what your grandaddy was driving. Todays vehicles emit very little pollution, Lesser concluded, about 1% of what they did in the 1960s.

Lessers findings are not isolated.

The World Economic Forum has also called attention to the dirty secrets of electric vehicles, which includes both adverse environmental impacts and children as young as seven working in cobalt mines in places like the Democratic Republic of the Congo, where more than half of the worlds cobalt is produced.

"[R]aw materials needed for batteries are extracted at a high human and environmental toll. This includes, for example, child labour, health and safety hazards in informal work, poverty and pollution, the World Economic Forum's Global Battery Alliance notes. A recycling challenge looms over the eleven million tonnes of spent lithium-ion batteries forecast to be discarded by 2030, with few systems in place to enable reuse and recycling in a circular economy for batteries."

Recycling is not the only environmental problem facing the lithium-ion batteries used in electric cars.

The bulk of these batteries are manufactured in places such as Japan, China, and South Korea, where generation of electricity remains heavily dependent on fossil fuels, including coal, which increases the carbon footprint of electric car batteries. For this reason, Amnesty International is calling on nations to disclose the carbon footprint of electric car batteries, so their environmental impact can be accurately assessed.

While its difficult to gauge the environmental costs of these batteries with precision, one German study found that every Tesla battery requires between 23,000 pounds and 32,000 pounds of carbon emissions. Considering that Tesla produced 368,000 cars in 2019 alone, thats up to 11.8 billion pounds of carbon dioxide emissions in just Tesla batteries in a given year.

Its unclear if Gavin Newsom truly has three Teslasa New Yorker journalist found three in the driveway when he went to Newsoms home in 2018 for an interviewbut if he did that would put Newsoms carbon footprint at close to 100,000 for just the Tesla batteries.

This of course is of little concern to Newsom or Tesla founder Elon Musk, who liked Newsoms announcement on Twitter that California would be "phasing out the internal combustion engine."

Of course Musk likes this news. Newsom is sidelining Teslas competition, which stands to increase the market share of the worlds most valuable automobile company even further. This isnt capitalism, however, its crony capitalismthe use of government regulations to shift the market toward a favored company or economic sector.

As the regulatory state grows, so does the phenomenon of what economists call rent-seeking. It involves companies diverting resources toward lobbying efforts (versus production) that seek regulatory measures designed to hamstring their economic rivals to increase their own share of the market.

Rent-seeking is, unfortunately, often an effective business strategy. But its not capitalism and is unlikely to improve the environment.

The law of unintended consequences, one of the proverbial building blocks of economics, shows that actions, those undertaken by people but especially those undertaken by governments, have consequences that go far beyond their desired effects.

Many people of good faith wish to help the environment by rejecting or limiting the use of gasoline. The desired effect is lower consumption of gasoline. However, there are also unintended consequences of this action.

By restricting the use of gasoline, environmentalists increase the demand for electricity. This in turn increases the price of coal, which incentives production of coal, a fossil fuel that produces more CO2 emissions than gasoline.

The great economist Claude-Frdric Bastiat (1801-1850), in his seminal essay That Which is Seen, and That Which is Not Seen, observed there was a tendency for humans to judge actions based on immediate effects (a small present good) while ignoring their long-term consequences (a great evil to come).

Bastiat said it was mans inability to see the results of actions in their totalitythe seen and the unseenthat resulted in mankinds greatest depredations.

This explains the fatally grievous condition of mankind, Bastiat warned. Ignorance surrounds its cradle: then its actions are determined by their first consequences, the only ones which, in its first stage, it can see.

If we celebrate the decline in emissions from gas-powered vehicles but ignore the considerable environmental costs of electric vehicles, we fall into the trap Bastiat described 170 years ago.

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California's Planned Ban on Gas-Powered Auto Sales Is Great for Elon Musk, but It Won't Help the Environment | Jon Miltimore - Foundation for Economic...

– Designing tools and components for Elon Musk-style helicopter – Design Products & Applications

25 September 2020

Hill Helicopters recently unveiled its disruptive, ground-up new helicopter, the HX50. The 5-seat, turbine-powered, 500-horsepower rotorcraft is the worlds first truly private, luxury helicopter crafted to deliver a whole new experience in safety, performance, adventure, comfort, and elegance.

Designed by a team of hand-selected, highly skilled engineers led by aeronautics engineer Dr. Jason Hill, Ph.D., the HX50 is a fusion of refined performance and artistic elegance. Its composite structure and rotor system, optimised engine, reimagined avionics, and elevated interior design together make the HX50 an exquisite, high tech and high-performance personal aircraft.

The helicopter industry has long awaited an Elon Musk-style disruption that redefines the modern helicopter. The wait is over, says Hill, Founder and CEO of Hill Helicopters. The only way to create something that is truly ground-breaking is to design from the ground up, giving equal focus to aerospace design, performance, and safety as well as to the artistic and experiential aspects, including comfort, ergonomics, intuitive technology, and luxury. The HX50 brings all of this together to deliver a truly unique aircraft and experience.

Composite Integration are using their experience in closed-mould and infusion process technology to design and manufacture tooling and first off components for the high-performance composite fuselage. Following on from multiple recent projects for both process development and equipment design/manufacture in the aerospace sector, this project provides an excellent platform to demonstrate the companys capabilities. Founded in 2002, Composite Integration has a track record of delivering new technologies, processes and production solutions into a wide variety of global sectors including aerospace, renewable energy, marine and automotive.

The HX50 is currently in the advanced design phase, with three prototypes scheduled to begin flight testing in 2022. The first deliveries are anticipated to take place in 2023.

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- Designing tools and components for Elon Musk-style helicopter - Design Products & Applications

From Gigi and Zayn to Grimes and Elon Musk: A Brief List of Celebrity Lockdown Babies – Pajiba Entertainment News

Babies! Arent they cute? Isnt there something beautiful, terrifying, and just a wee bit gross about creating a whole human being, pushing them out into this world, then having to raise them into a responsible member of society? Better you than me, OK? Ive never wanted kids, but as a full-time pop-culture hot takes merchant, I cant help but notice that during this weird year of lockdown madness, a lot of very famous people have been announcing their pregnancies. Hey, weve all got to keep busy during quarantine, I suppose. Really, its been one of the busiest periods for celeb pregnancies for quite a while. When I think about it, it might be the biggest and most high-profile era of 2005. That was the year when Violet Affleck, Shiloh Jolie-Pitt, Suri Cruise, and Sean Preston Federline were all born, and the 24-hour gossip/news cycle became utterly obsessed with all of these famous offspring. This is definitely a topic that could be mined for further analysis in the future, but for now, lets take a look at some of the major pregnancy and baby news of the Great Plague Lockdown of 2020.

X A-12 Musk (Elon Musk and Grimes)

In May, musician Grimes and full-time Twitter troll Elon Musk introduced baby X A-12 into the world, and yes, that is his legal name. No word on whether this child shall become the first human on Pluto or if he shall bring about the apocalypse. Sadly, he hasnt been able to keep his dad off social media.

Willa Jonas (Sophie Turner and Joe Jonas)

The coolest of the Jonas Brothers couples, Sansa Stark and the DNCE guy welcomed their daughter, Willa, in July 2020. Theyve yet to release any images or official updates on the kid, but you can still trawl Joes Instagram page for plenty of updates on his Quibi show!

Nicki Minaj

Minaj announced her pregnancy in July in typically dramatic fashion, with a photo shoot thats a glorious cross between Rainbow Brite and Moulin Rouge dancer. She got married last year to Kenneth Petty, a childhood friend who registered as a sex offender in California in 2020, having been convicted of attempted rape in the first degree in 1995.

Emma Roberts and Garrett Hedlund

Hedlund and Roberts started dating in March 2019 and the pregnancy was announced in August 2020, with Roberts revealing that they are expecting a boy. Her pregnancy fashion is sharp.

Gigi Hadid and Zayn Malik

One of the most ridiculously photogenic couples out there welcomed their daughter onto the earth this month. No name has been revealed but Zayn will probably get it tattooed on his body somewhere, so keep your eyes peeled.

Ever Leo Reich (Lea Michele and Zandy Reich)

Its been an interesting year for Lea Michele. In-between, well, everything else, she gave birth to a little boy named Ever on August 20.

Daisy Dove Bloom (Katy Perry and Orlando Bloom

View this post on Instagram

Posted @withregram @unicef Welcome to the world, Daisy Dove Bloom! We are honoured to introduce Goodwill Ambassadors @KatyPerry and @OrlandoBlooms new bundle of joy. We are floating with love and wonder from the safe and healthy arrival of our daughter, Katy and Orlando told us. But we know were the lucky ones and not everyone can have a birthing experience as peaceful as ours was. Communities around the world are still experiencing a shortage of healthcare workers and every eleven seconds a pregnant woman or newborn dies, mostly from preventable causes. Since COVID-19 many more newborn lives are at risk because of the increased lack of access to water, soap, vaccines and medicines that prevent diseases. As parents to a newborn, this breaks our hearts, as we empathize with struggling parents now more than ever. As UNICEF Goodwill Ambassadors, we know UNICEF is there, on the ground, doing whatever it takes to make sure every expecting mother has access to a trained health worker and access to quality healthcare. In celebration of the heart we know our daughter already has, we have set up a donation page to celebrate DDBs arrival. By supporting them, you are supporting a safe start to life and reimagining a healthier world for every child. We hope your can bloom with generosity. Gratefully- Katy & Orlando. Please tap the link in our bio to support the most precious gift: a healthy child.

A post shared by KATY PERRY (@katyperry) on Aug 27, 2020 at 12:31am PDT

Daisy Bloom was introduced to the world on August 27 via a Unicef Instagram post (both Bloom and Perry are Goodwill Ambassadors for them.) Daisy also has the luck of being named after/inspired by a single on her mums new album, Smile.

John Legend and Chrissy Teigen

Befitting of a musical icon, John Legend revealed the impending birth of their third child via a music video. Teigen, who has been candid about her struggles with conceiving naturally, admitted that she was surprised to discover she was pregnant, especially since shed just gotten her breast implants removed and the test she took before that surgery was negative.

Lyra Antarctica Seaborn Sheeran (Ed Sheeran and Cherry Seaborn)

Singer Ed Sheeran revealed that his wife Cherry Seaborn had given birth to their daughter at the end of August. I am all in on her name. Bring back quirky celebrity baby names! I mean, not baby Musk level weird but something a bit spicy, you know?

Leighton Meester and Adam Brody

Meester and Brody are a mid-to-late 2000s nostalgia dream-couple. After a decade together, the pair have two kids, with their son arriving very recently. Their daughter, Arlo, was born in 2015.

Domino Kirke and Penn Badgley

The You star has been married to singer and doula Domino Kirke for three years. They welcomed the arrival of their baby boy this year. The pair have been candid about dealing with two miscarriages in the past, and Kirkes work as a doula is well-documented online. Shes kind of badass. And yes, they did post a picture of placenta art. Like I said: Badass.

Rooney Mara and Joaquin Phoenix

So, neither Phoenix nor Maras camps officially announced her pregnancy, but her growing baby bump pretty much confirmed it. Now, shes just been photographed without said bump, so congratulations! Its doubtful the notoriously private couple will release any details, but I hope the baby has a very cool name befitting the Phoenix tradition and is coolly unapproachable in a vaguely intimidating manner.

Kayleigh is a features writer for Pajiba. You can follow her on Twitter or listen to her podcast, The Hollywood Read.

Header Image Source: Getty Images.

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From Gigi and Zayn to Grimes and Elon Musk: A Brief List of Celebrity Lockdown Babies - Pajiba Entertainment News

Elon Musk – Forbes

Photo by AP Photo/Jae C. Hong

Stats

Age49

Source of WealthTesla, SpaceX, Self Made

ResidenceLos Angeles, California

CitizenshipUnited States

Marital StatusIn Relationship

Children7

EducationBachelor of Arts/Science, University of Pennsylvania

Musk was accepted to a graduate program at Stanford, but deferred attendance to launch his first business, software company Zip2.

As a kid Musk taught himself to code; he sold his first game, Blastar, for about $500.

$13.3B

Forbes 400 September 2015

$10.7B

Billionaires March 2016

$11.6B

Forbes 400 October 2016

$13.9B

Billionaires March 2017

$20.8B

Forbes 400 October 2017

$19.9B

Billionaires March 2018

$19.6B

Forbes 400 October 2018

$22.3B

Billionaires March 2019

$19.9B

Forbes 400 October 2019

$24.6B

Billionaires April 2020

I operate on the physics approach to analysis. You boil things down to the first principles or fundamental truths in a particular area and then you reason up from there.

3 hours ago

The unconventional serial entrepreneur joins the centibillionaire club, alongside Mark Zuckerberg, Bernard Arnault, Bill Gates and Jeff Bezos.

4 hours ago

With unprecedented wealth and visionary dreams, tech titans like Elon Musk and Jeff Bezos are laying the tracks for humanitys most ambitious expansion in the modern era. How can Space Force devise a strategy to leverage that audacity and private capital for better capability and lower cost?

Aug 28, 2020

Neurons are like wiring, Elon Musk says. And you kinda need an electronic thing to solve an electronic problem.

Aug 28, 2020

Elon Musk's Neuralink allegedly has a brain chip that could allow people to hear better, a group of researchers says that cochlear implants can help those with hearing loss hear better right now.

Aug 27, 2020

The 49-year-old serial entrepreneur is set to become the fifth centibillionaire in the world.

Aug 27, 2020

The former intern, who spent three summers at Elon Musks SpaceX rocket maker, is seeking a trial by jury in pursuit of damages.

Aug 22, 2020

Stocks behind the fortunes of the world's richest people are still hitting all-time highs despite malaise around the broader economy.

Aug 18, 2020

Its the companys largest fundraising round yet.

Aug 17, 2020

Musk overtook Warren Buffett on Monday as shares of the electric carmaker jumped more than 11% in one day.

Aug 15, 2020

It's about to become even harder to hack a Tesla vehicle thanks to this long overdue security upgrade.

Aug 14, 2020

The Winklevoss twins, Cameron and Tyler, have told Barstool Sports founder-turned rambunctious day trader Dave Portnoy bitcoin is a safer bet than gold due to Elon Musk's "plans" to mine the precious metal from asteroids...

Aug 10, 2020

Musk has scored bragging rights in the battle of billionaires in space after his SpaceX rockets beat competition from Bezoss Blue Origin to launch National Security payloads for the U.S. Air Force.

Jul 29, 2020

For many years, automobiles was the most boring category to cover from a marketing/advertising perspective.

Jul 27, 2020

Recently, the high-profile entrepreneur and prolific Twitter user noted how he is not worried about his direct messages getting hacked.

Jul 25, 2020

Might be time to log off.

Jul 20, 2020

Musk ranked outside of the top 30 on Forbes' Billionaires List as recently as mid-March, with a net worth less than $25 billion.

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Holds stake in Tesla Motors

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Elon Musk - Forbes

Elon Musk and Grimes reveal how to pronounce X A-12 – CNN

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Elon Musk and Grimes reveal how to pronounce X A-12 - CNN

Elon Musk and Grimes have changed their baby’s name. A bit …

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Read the rest here:

Elon Musk and Grimes have changed their baby's name. A bit ...

Elon Musk shows Neuralink brain implant working in a pig …

Neuralink's brain-machine interface technology sinks electrodes into the brain then uses a chip to communicate with computers outside your skull.

With a device surgically implanted into the skull of a pig named Gertrude, Elon Musk demonstrated his startup Neuralink's technology to build a digital link between brains and computers. A wireless link from the Neuralink computing device showed the pig's brain activity as it snuffled around a pen on stage Friday night.

The demonstration shows the technology to be significantly closer to delivering on Musk's radical ambitions than during a 2019 product debut, when Neuralink only showed photos of a rat with a Neuralink connected via a USB-C port. It's still far from reality, but Musk said the US Food and Drug Administration in July granted approval for "breakthrough device" testing.

Musk also showed a second-generation implant that's more compact and fits into a small cavity hollowed out of the skull. Tiny electrode "threads" penetrate the outer surface of the brain, detecting an electrical impulse from nerve cells that shows the brain is at work. In line with Neuralink's longer-term plans, the threads are designed to communicate back, with computer-generated signals of their own.

"It's like a Fitbit in your skull with tiny wires," Musk said of the device.

It communicates with brain cells with 1,024 thin electrodes that penetrate the outer layer of the brain. Then there's a Bluetooth link to an outside computing device, though the company is looking at other radio technology it can use to dramatically increase the number of data links.

Now playing: Watch this: Elon Musk's Neuralink demonstration in 14 minutes

14:06

Though the pig demonstration showed neural activity being broadcast wirelessly to a computer, it didn't reveal any of Neuralink's long-term ambitions, like a computer usefully communicating back to a brain or a computer understanding what the spikes of neural activity actually mean.

Neuralink has a medical focus to start, like helping people deal with brain and spinal cord injuries or congenital defects. The technology could, for example, help paraplegics who've lost the ability to move or sense because of spinal cord injury, and the first human uses will aim to improve conditions like paraplegia or tetraplegia.

"If you can sense what people want to do with their limbs, you can do a second implant where the spinal injury occurred and create a neural shunt," Musk said. "I'm confident in the long term it'll be possible to restore somebody's full body motion."

From the lab to your inbox. Get the latest science stories from CNET every week.

But Musk's vision is far more radical, including ideas like "conceptual telepathy," where two people can communicate electronically by thinking at each other instead of writing or speaking. The long-term goal is to head off a future whereartificial intelligence vastly smarter than humans exterminates us.

Musk envisions people using Neuralink to connect to their own digital AI incarnations so "the future is controlled by the combined will of the people of Earth," Musk said. "It's going to be important from an existential threat perspective to achieve a good AI symbiosis."

"The future is going to be weird," Musk said, discussing sci-fi uses of Neuralink. "In the future you will be able to save and replay memories," he said. "You could basically store your memories as a backup and restore the memories. You could potentially download them into a new body or into a robot body."

He's aware some people are going to see trouble in Neuralink, too. "This is increasingly sounding like a Black Mirror episode," Musk said, referring to the dystopian TV series.

Musk also discussed seeing in infrared, ultraviolet or X-ray using digital camera data. "Over time we could give somebody super vision," Musk said.

Gertrude the Neuralink-enabled pig roots through straw during a demonstration of the brain-computer link technology. Brain activity shows as blue spikes.

Neuralink is building a robotic installer that ultimately is designed to handle the full surgical installation process. That includes opening up the scalp, removing a portion of the skull, inserting the hundreds of "thread" electrodes along with an accompanying computer chip, then closing the incision. The installer is designed to dodge blood vessels to avoid bleeding, Musk said.

As with Fitbit, Apple Watch and other wearable technology, Musk sees a health benefit for Neuralink besides direct brain-computer communications. Neuralink chips can measure temperature, pressure and movement, data that could warn you about a heart attack or stroke, Musk said.

Computers need power, and Neuralink's in-skull chip gets it by charging wirelessly through the skin, Musk said.

Since the Neuralink launch event last year, Musk and Neuralink have published one scientific paper, in the Journal of Medical Internet Research, in October. The paper described the development of their robotic device, an arm able to delicately insert hundreds of thin threads, about a tenth of the width of a human hair, into the brain. It's sometimes dubbed the "sewing machine" and is capable of inserting around six threads per minute, each one composed of flexible plastics and featuring 192 electrodes.

The company's early research focused on interfacing with the rodent brain. In the October paper, Musk and Neuralink detailed two Neuralink systems, A and B, tested on rats. The former can insert more than 1,500 electrodes and the latter, 3,000. The paper describes a free-moving rat attached to system B, with a USB-C slot sticking out of its head, but there's no clear indication of Neuralink having settled on the best place for electrodes.

In the paper, Musk and Neuralink acknowledge that "significant technological challenges must be addressed before a high-bandwidth device is suitable for clinical application."

This diagram shows Neuralink's Link v0.9, the device that can be embedded in a hole bored in a skull. At left are the "threads" that lead to electrodes in the brain.

The rodent work is impressive, but what caught people's attention last year was Musk's assertion that a monkey had been "able to control a computer with his brain." No evidence was provided in the JMIR paper to support that assertion, and Musk didn't mention it Friday.

On Tuesday, medical industry news site Stat detailed turmoil at Neuralink, with five former employees coming forward to describe "a chaotic internal culture" and describing it as a "pressure cooker" environment.

The report also detailed accelerated timelines, noting that the push to move the technology forward resulted in failures in animal experiments. One former employee said Neuralink moved from rodent experiments into primates faster than expected in medical science.

Neuralink responded to Stat's assertions in the article, suggesting some of them were "either partially or completely false."

Neuralink's success will hinge on convincing us to install chips in our brains and tamper with the very nerve impulses that make us who we are. That's a hard sell -- particularly in view of Neuralink competitors who prefer noninvasive headsets.

"There's a segment of people who are enthusiastic about invasive BMI," including members of the Transhumanist movement, Max Newlon, CEO of BrainCo, said, referring to brain-machine interface. "Noninvasive BMI technology could be a bridge to the future that people will accept today."

"The safety and health risks of invasive implants are significant," added Sid Kouider, founder and CEO of NextMind, a Neuralink competitor. Problems include infection, inflammation and follow-up surgery to adjust electrode positioning, he said. He credits Neuralink for stimulating interest in neural interfaces, though.

In addition to leading Neuralink, Musk is chief executive of Tesla, which is ramping up a global electric vehicle business; SpaceX, which is launching spacecraft and piloting the launch rockets back to Earth for reuse; and the Boring Company, which aims to route vehicle traffic through tunnels.

Musk is stretched thin, but he's also delivered on key promises like producing compelling electric vehicles and lowering satellite launch costs. Musk has a knack for picking business problems that are difficult but attainable. To succeed, though, Neuralink will have to convince scientists and doctors along with the rest of us.

Originally posted here:

Elon Musk shows Neuralink brain implant working in a pig ...

How Elon Musk pronounces ‘X A-12,’ his new son’s name

Elon Musk/Twitter

Elon Musk and singer Grimes welcomed a son on Monday, but the world puzzled over the baby's name. Musk said it was "X A-12," but it wasn't until Thursday, when the Tesla and SpaceX founder appeared on The Joe Rogan Experience, that he confirmed the name's pronunciation.

"How do you say the name?" Rogan asked. "Is it a placeholder?"

Apparently not. Musk says the name is pronounced "X Ash A Twelve," pretty much just as it looks. ("" is a character used in some languages, including Danish and Norwegian. It's often pronounced "ash," but some people pronounce each letter, saying "A E.")

"First of all, my partner's the one that mostly came up with the name," Musk said of Grimes. "I mean it's just X, the letter X, um, and the '' is pronounced, 'Ash,' and then, A-12 is my contribution." He went on to say that A-12 stood for "Archangel 12, the precursor to the SR-71, coolest plane ever."

If you want to hear Musk say it, you don't have to fast-forward through much of the video. Rogan asks him to pronounce it just 37 seconds in to the podcast.

Grimes herself tweeted out a more detailed explanation of why the various name parts were chosen. She called X "the unknown variable," and said that was "my elven spelling of Ai," which she explained as "love and/or artificial intelligence."

As for the A-12, she called the plane "our favorite aircraft," going on to tout its "no weapons, no defenses, just speed. Great in battle, but non-violent." Grimes also noted that the A in A-12 stood for "Archangel," which she said was "my favorite song." She didn't specify which song -- numerous songs are titled "Archangel" -- but some music sites are guessing she could mean the song by the band Burial. Grimes once cited Burial's "Archangel" song as a favorite on her Tumblr.

She ended her tweet with the words "metal rat" and emoji of crossed swords and a rat. 2020 is the year of the "metal rat" according to the Chinese zodiac, although of course it can also simply mean "fan of heavy metal music."

Grimes mistyped SR-17 instead of SR-71, but Musk corrected her in another tweet, writing, "SR-71, but yes."

To which she replied, "I am recovering from surgery and barely alive so may my typos b forgiven but, damnit. That was meant to be profound."

Whatever the name means, it's possible it won't appear on the baby's official California birth certificate -- at least not in the spelling that's been shared so far. A California family-law attorney told People magazine that while the name isn't illegal, the state doesn't allow symbols on birth certificates. Apostrophes, such as in a last name like O'Connor, are allowed, and it would seem that the hyphen might also make it through, but the "" might cause the certificate to be rejected, and the parents would have to submit it again.

Musk also noted that he was happy the baby was born on May 4, commonly known as Star Wars Day for the saying "May the fourth (Force) be with you."

This wasn't Musk's only memorable appearance on Rogan's podcast. In 2018, he appeared on the show and apparently took one puff of a marijuana cigarette. Recreational marijuana is, and was then, legal in California, but it remains illegal at the federal level.

Read more:

How Elon Musk pronounces 'X A-12,' his new son's name

Elon Musks Neuralink is neuroscience theater – MIT Technology Review

Rock-climb without fear. Play a symphony in your head. See radar with superhuman vision. Discover the nature of consciousness. Cure blindness, paralysis, deafness, and mental illness. Those are just a few of the applications that Elon Musk and employees at his four-year-old neuroscience company Neuralink believe electronic brain-computer interfaces will one day bring about.

None of these advances are close at hand, and some are unlikely to ever come about. But in a product update streamed over YouTube on Friday, Musk, also the founder of SpaceX and Tesla Motors, joined staffers wearing black masks to discuss the companys work toward an affordable, reliable brain implant that Musk believes billions of consumers will clamor for in the future.

In a lot of ways, Musk said, Its kind of like a Fitbit in your skull, with tiny wires.

Although the online event was described as a product demonstration, there is as yet nothing that anyone can buy or use from Neuralink. (This is for the best, since most of the companys medical claims remain highly speculative.) It is, however, engineering a super-dense electrode technology that is being tested on animals.

Neuralink isnt the first to believe that brain implants could extend or restore human capabilities. Researchers began placing probes in the brains of paralyzed people in the late 1990s in order toshow that signals could let them move robot arms or computer cursors. And mice with visual implants really can perceive infrared rays.

Building on that work, Neuralink says it hopes to further develop such brain-computer interfaces (or BCIs) to the point where one can be installed in a doctors office in under an hour. This actually does work, Musk said of people who have controlled computers with brain signals. Its just not something the average person can use effectively.

Throughout the event, Musk deftly avoided giving timelines or committing to schedules on questions such as when Neuralinks system might be tested in human subjects.

As yet, four years after its formation, Neuralink has provided no evidence that it can (or has even tried to) treat depression, insomnia, or a dozen other diseases that Musk mentioned in a slide. One difficulty ahead of the company is perfecting microwires that can survive the corrosive context of a living brain for a decade. That problem alone could take years to solve.

The primary objective of the streamed demo, instead, was to stir excitement, recruit engineers to the company (which already employs about 100 people), and build the kind of fan base that has cheered on Musks other ventures and has helped propel the gravity-defying stock price of electric-car maker Tesla.

In tweets leading up to the event, Musk had promised fans a mind-blowing demonstration of neurons firing inside a living brainthough he didnt say of what species. Minutes into the livestream, assistants drew a black curtain to reveal three small pigs in fenced enclosures; these were the subjects of the companys implant experiments.

The brain of one pig contained an implant, and hidden speakers briefly chimed out ringtones that Musk said were recordings of the animals neurons firing in real time. For those awaiting the matrix in the matrix, as Musk had hinted on Twitter, the cute-animal interlude was not exactly what they hoped for. To neuroscientists, it was nothing new; in their labs the buzz and crackle of electrical impulses recorded from animal brains (and some human ones) has been heard for decades.

A year ago, Neuralink presented a sewing-machine robot able to plunge a thousand ultra-fine electrodes into a rodents brain. These probes are what measure the electrical signals emitted by neurons; the speed and patterns of those signals are ultimately a basis for movement, thoughts, and recall of memories.

WOKE STUDIO

In the new livestream, Musk appeared beside an updated prototype of the sewing robot encased within a smooth, white plastic helmet. Into such surgical headgear, Musk believes, billions of consumers will one day willingly place their heads, submitting as an automated saw carves out a circle of bone and a robot threads electronics into their brains.

The futuristic casing was created by the industrial design firm Woke Studio, in Vancouver. Its lead designer, Afshin Mehin, says he strived to make something clean, modern, but still friendly-feeling for what would be voluntary brain surgery with inevitable risks.

To neuroscientists, the most intriguing development shown Friday may have been what Musk called the link, a silver-dollar-sized disk containing computer chips, which compresses and then wirelessly transmits signals recorded from the electrodes. The link is about as thick as the human skull, and Musk said it could plop neatly onto the surface of the brain through a drill hole that could then be sealed with superglue.

I could have a Neuralink right now and you wouldnt know it, Musk said.

The link can be charged wirelessly via an induction coil, and Musk suggested that people in the future would plug in before they go to sleep to power up their implants. He thinks an implant also needs to be easy to install and remove, so that people can get new ones as technology improves. You wouldnt want to be stuck with version 1.0 of a brain implant forever. Outdated neural hardware left behind in peoples bodies is a real problem already encountered by research subjects.

The implant Neuralink is testing on its pigs has 1,000 channels and is likely to read from a similar number of neurons. Musk says his goal to increase that by a factor of 100, then 1,000, then, 10,000 to read more completely from the brain.

Such exponential goals for the technology dont necessarily address specific medical needs. Although Musk claims implants could solve paralysis, blindness, hearing, as often what is missing isnt 10 times as many electrodes, but scientific knowledge about what electrochemical imbalance creates, say, depression in the first place.

Despite the long list of medical applications Musk presented, Neuralink didnt show its ready to commit to any one of them. During the event, the company did not disclose plans to start a clinical trial, a surprise to those who believed that would be its next logical step.

A neurosurgeon who works with the company, Matthew MacDougall, did say the company was considering trying the implant on paralyzed peoplefor instance, to allow them to type on a computer, or form words. Musk went further: I think long-term you can restore someone full body motion.

It is unclear how serious the company is about treating disease at all. Musk continually drifted away from medicine and back to a much more futuristic general population device, which he called the companys overall aim. He believes that people should connect directly to computers in order to keep pace with artificial intelligence.

On a species level, its important to figure out how we coexist with advanced AI, achieving some AI symbiosis, he said, such that the future of world is controlled by the combined will of the people of the earth. That might be the most important thing that a device like this achieves.

How brain implants would bring about such a collective world electronic mind, Musk did not say. Maybe in the next update.

See the original post:

Elon Musks Neuralink is neuroscience theater - MIT Technology Review

Elon Musk is now the fourth-richest person in the world. He’s about to get even richer – CNN

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Elon Musk is now the fourth-richest person in the world. He's about to get even richer - CNN

Elon Musk Becomes The Worlds Fifth $100 Billion-Dollar Man – Forbes

Elon Musk's net worth got a boost from Tesla's stock split.

Update: This article has been updated to reflect Teslas share price as of the market close on August 31, 2020.

Tesla stock soared Monday after a stock split, lifting Elon Musks net worth to $102.9 billion at the market close. Shares jumped 12.6%, boosting Musks net worth by $10.4 billion since late Friday. Forbes calculates that he is now the fifth centibillionaire in the world, as well as the fifth-richest person in the world.

Musks net worth has quadrupled since mid-March, when he ranked No. 31 on Forbes Worlds Billionaires list, with a net worth of $24.6 billion. Hes now just behind Facebooks Mark Zuckerberg, who is worth $107.6 billion.

Not that this matters to Musk. The 49-year-old serial entrepreneur said hes indifferent to his standing on the Forbes list of billionaires. I really couldnt care less, Musk emailed Forbes about his net worth in July. These numbers rise and fall, but what really matters is making great products that people love.

Musks fortune hit $99 billion on Thursday August 27, then dipped on Friday August 28 as the electric carmakers shares fell 3.6%. Tesla stock split on a 5-for-1 basis on Friday after the market closed and started trading on a split-adjusted basis Monday morning. Smaller traders have reportedly snapped up the lower-priced shares, which are now $498.32 versus Fridays $2,213.40.

Musk owns 21% of the $464 billion (market cap) company but has pledged more than half his stake as collateral for personal loans; Forbes applies a discount to his pledged shares to account for the loans.

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Elon Musk Becomes The Worlds Fifth $100 Billion-Dollar Man - Forbes

Elon Musk confirms Tesla gigafactory was target of foiled cyberattack – MarketWatch

A Tesla Inc. logo is reflected in the glass of a closed showroom in San Diego. Bloomberg News

Elon Musk confirmed Thursday that the Tesla Inc. gigafactory in Nevada was the target of a cyberattack that was foiled by the FBI.

The blog Teslarati reported Thursday that a Russian man approached a worker at the factory in July through the WhatsApp chat app, and offered him $1 million to install malware into Teslas internal network that would cause a distributed denial-of-service attack. While Teslas cybersecurity team was distracted by the DDoS attack, the malware would access corporate secrets that the hackers could hold for ransom. Instead, the worker reported it to officials at Tesla, who alerted the FBI. He reportedly pretended to go along with the plan and wore a wire during future meetings with the Russian man, who was arrested Aug. 22 in Los Angeles in an apparent attempt to flee the U.S.

In a tweet replying to the Teslarati report, Musk confirmed This was a serious attack.

The Teslarati report lines up with a criminal complaint filed Aug. 23 in U.S. District Court in Nevada that accused Egor Igorevich Kriuchkov, a Russian national, of attempting to recruit a worker to introduce malware at an unidentified company.

The purpose of the conspiracy was to recruit an employee of a company to surreptitiously transmit malware provided by the coconspirators into the companys computer system, exfiltrate data from the companys network, and threaten to disclose the data online unless the company paid the coconspirators ransom demand, the Justice Department said in the filing.

Tesla TSLA, +3.97% did not immediately respond to a request for comment.

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Elon Musk confirms Tesla gigafactory was target of foiled cyberattack - MarketWatch

Need a Job? Elon Musk May Have One for You in South Texas. – Reform Austin

It may not be welcomed by residents, but the tiny south Texas town of Boca Chica Village may wind up as a spa destination for the well-heeled who are interested in space travel. Its all part of Elon Musks plans to turn the area into a 21st Century spaceport.

According to a recent job posting, the hunt is on for a resort development manager to oversee the development of SpaceXs first resort from inception to completion.

SpaceX is committed to developing revolutionary space technology, with the ultimate goal of enabling people to live on other planets, the job posting reads. Boca Chica Village is our latest launch site dedicated to Starship, our next generation launch vehicle. SpaceX is committed to developing this town into a 21st century spaceport. We are looking for a talented resort development manager to oversee the development of SpaceXs first resort from inception to completion.

Applicants will need experience bringing teams and processes from development to production, strong leadership skills and be willing to work long hours and weekends.

Residents arent exactly enamored with Musk. They complain of noise from rocket launches and bullying tactics to get them to sell their homes. SpaceX reportedly now owns half of the villages 35 homes.

Musk is putting down more roots in Texas. In late July, Musk announced plans to build a Tesla Cybertruck plant just outside Austin.

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Need a Job? Elon Musk May Have One for You in South Texas. - Reform Austin

Elon Musks Net Worth Nears $100 Billion As Tesla Stock Burns Rubber – Forbes

Elon Musk is on the verge of becoming the world's fifth centibillionaire.

Elon Musk is on the verge of breaking his twelfth digit. Shares of his electric carmaker Tesla jumped 3.75% on Thursday, boosting Musks net worth by $3.2 billion, to $98.8 billionjust $1.2 billion away from making Musk the fifth centibillionaire in the world.

He is the worlds fifth-richest person, according to Forbes real-time ranking, clocking in ahead of the Oracle of Omaha Warren Buffett and behind Facebooks Mark Zuckerberg.

Musks fortune has quadrupled since mid-March, when he ranked No. 31 on Forbes Worlds Billionaires list with a net worth of $24.6 billion. He owns 21% of the $416 billion (market cap) company but has pledged more than half his stake as collateral for personal loans; Forbes applies a discount to his pledged shares to account for the loans.

Tesla stock will split on a 5-for-1 basis on Friday after the market close and start trading on a split-adjusted basis on Monday. Shares have risen 35% since Tesla announced the move on August 11.

Analysts are divided on Teslas meteoric rise. Bernstein analyst Toni Sacconaghi called the companys valuation mind-boggling in late July. "Despite our relatively bullish stance on electric vehicle evolution, and structural advantages we believe Tesla may hold, we find it difficult to justify Tesla's current valuation even under our most bullish/imaginative scenarios, Sacconaghi wrote in a research note. He also warned that the Chinese government could retaliate against Tesla and other American tech companies over President Trumps TikTok ban.

Wedbushs Dan Ives, who recently raised his bull case price target to $3,500 a share, contends that Tesla will keep soaring. We still think bright days are ahead for Tesla, Ives told Bloomberg last week. Despite the haters who continue to scratch their heads, the stock moves higher.

Musk has received two enormous stock option grants this year, worth $6.4 billion, as part of his compensation package. A third is on the way if Tesla maintains a six-month average market capitalization of $200 billion, and posts either $55 billion of revenue or $4.5 billion of adjusted EBITDA for the previous four consecutive quarters.

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Elon Musks Net Worth Nears $100 Billion As Tesla Stock Burns Rubber - Forbes

Stocks & Shares, Art, Antiques and Property: Peak Uncertainty – Even Elon Musk is off by 245% – IFA Magazine

Normal life, so say, returns when the nations kids go to school, and our young adults flood off to Universities in unprecedented numbers. COVID in the UK is trickling away, the housing market is roaring, The future is clear, and it is web and tech-based. What could possibly go wrong?

Most of the time it is easy to identify emerging trends, to predict who the various gears, cogs and levers of society and the economy will mesh and to place your bets in a considered manner, the essence of smart investing. But these are not normal times, and it requires excellent peripheral vision to identify what opportunities and threats are racing to the fore, we are just out of the starting gate, the first fence is looming, where would you place your bets?

Stocks & Shares

With the benefit of a time-machine, most would be retrospectively piling into Tesla and Amazon stocks. Indeed even Teslas CEO, Elon Musk, called it wrong; declaring on May Day that Tesla stock was too high in his May 1st tweet, having peaked at $869.82. The stock has jumped by up 245% since. If Musk, now the fourth wealthiest person on the planet, cant predict his own stock price, the market must be irrational. Or perhaps he is? But is this a rational irrationality and therefore predictable? Are prescient investors backing a generational reset, as with thedot.comboom at the millennium? Or is this a bible created with money fleeing other sectors?

What we are seeing is the distorting effects of the transfer of wealth between asset classes. The complex weave of bond yields, profitability, taxation and growth are twisted by the uncertainty of the world economy, and distorted by Government and Central Bank intervention. The difficulty is discerning what is the effect of a short term distortion, and where the longer-term real growth lies.

Property

Commercial investment seems easy to call, people will be staying home to work, demand for centralised and expensive office space will fall away, along with rents and returns, The knock-on for retail landlords doesnt look much better than that. You would have thought residential would be similarly easy to call, but the market is operating counter to received wisdom, Estate Agents are reporting surges in activity, driving prices higher. Buyers are buying, and sellers are selling. Is it pent up demand? The lure of low interest rates, the stamp duty holiday? Or just business as usual.

Many predict that rising unemployment will kill demand, aided by tightening lending and cautious mortgage valuers. However, house prices may be very responsive when prices are rising, but are notoriously sticky when it comes to price falls. For house prices to fall the market needs vendors prepared to undercut the market to move. That means enough people need to be suffering the threat or reality of repossession, or unaffordable mortgage payments to cause the market to be undermined. Otherwise, people sit out a market which is stagnant. There is no immediate repossession crisis looming, and until furloughing is fully withdrawn, it wont be clear exactly how many people will have been thrown into the financial distress of unemployment. Even assuming that is as bad as some predict there is still the probability that the Chancellor, Rishi Sunak, will intervene with new mortgage payment support benefits or payment holiday entitlements. It is clear the Government are taking the view in for a penny, in for a pound so we can expect imaginative, and possibly expensive fixes to keep prices stable. The market is almost impossible to call in advance, but as ever will have been completely obvious when reviewed with hindsight from the other side of events.Continue reading article

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Stocks & Shares, Art, Antiques and Property: Peak Uncertainty - Even Elon Musk is off by 245% - IFA Magazine

Musk Wealth Tops $100 Billion as Bezos Worth Twice as Much – Bloomberg

Jeff Bezos and MacKenzie Scott in 2018.

Three of the worlds richest people have achieved staggering new levels of personal wealth.

The net worth of Amazon.com Inc. founder Jeff Bezos eclipsed $200 billion on Wednesday as shares of the e-commerce giant climbed to a record. The move simultaneously pushed his ex-wife MacKenzie Scott, 50, to the brink of becoming the worlds richest woman, just behind LOreal SA heiress Francoise Bettencourt Meyers.

Elon Musk, meanwhile, extended an extraordinary stretch of wealth gains to become a centibillionaire. Tesla Inc. shares rallied Wednesday, pushing his net worth to $101 billion, according to the Bloomberg Billionaires Index, a listing of the worlds 500 richest people.

Tech companies boosted the S&P 500 and Nasdaq Composite indexes to new highs for a fourth straight day, buoyed by news that the Federal Reserve is likely to keep short-term interest rates near zero for at least five years.

The gains by Bezos, 56, and Musk represent just the latest high water mark for wealth accumulation in a topsy-turvy year defined by both surging markets and catastrophic human and economic loss. The worlds 500 richest people have gained $809 billion so far this year, a 14% increase since January, even as a global pandemic caused a record drop in gross domestic product and millions of lost jobs.

The rising income inequality has provoked sharp responses from many progressive politicians and critics on the left. U.S. Senator Bernie Sanders earlier this month introduced legislation to tax extreme wealth gains during the coronavirus crisis.

We cannot continue to allow billionaires like Jeff Bezos and Elon Musk to become obscenely rich while millions of Americans face eviction, hunger and economic desperation, Sanders said Wednesday in a statement. Its time to fundamentally change our national priorities.

Others view their massive wealth as justified, saying theyve earned it through the creation of singular businesses. When you look at Musk and Bezos, its understated to say that in their own ways, theyve changed the world, said Thomas Hayes, chairman of Great Hill Capital.

The surge in wealth is especially concentrated in the upper ranks of the billionaires index and has been fueled largely by tech stocks, which have been on a tear as the pandemic drives more people online. That also includes a rise in the number of retail investors buying stocks.

Musk, 49, now one of four centibillionaires in the world, has seen his fortune grow by $73.6 billion this year, a jump still smaller than Bezoss, who is up by $87.1 billion. Facebook Inc.s Mark Zuckerbergs net worth topped $100 billion earlier this month. On Wednesday alone, it rose by $8.5 billion.

U.S. tech tycoons havent been the only beneficiaries. Indias Mukesh Ambani became the first Asian to rank among the worlds five richest last month. Hes gained $22.5 billion this year on the back of a boost in shares of his conglomerate Reliance Industries Ltd., whose tech division has attracted recent investments from the likes of Facebook and Silver Lake.

And despite growing tensions with the U.S., Chinas tech billionaires have gained this year too. Tencent Holdings Ltd. Chief Executive Officer Pony Ma has amassed $16.6 billion this year and is now worth $55.2 billion. Alibaba Group Holding Ltd.s Jack Ma and William Ding of NetEase Inc. have also added more than $12 billion each, putting their fortunes at $58.9 billion and $30.8 billion, respectively.

With assistance by Jack Witzig, Tom Metcalf, and Richard Macauley

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Musk Wealth Tops $100 Billion as Bezos Worth Twice as Much - Bloomberg

Elon Musk | Biography & Facts | Britannica

Elon Musk, (born June 28, 1971, Pretoria, South Africa), South African-born American entrepreneur who cofounded the electronic-payment firm PayPal and formed SpaceX, maker of launch vehicles and spacecraft. He was also one of the first significant investors in, as well as chief executive officer of, the electric car manufacturer Tesla.

Top Questions

Elon Musk was born on June 28, 1971.

Elon Musk cofounded the electronic payment firm PayPal and founded the spacecraft company SpaceX. He became chief executive officer of the electric-car maker Tesla.

Elon Musk founded SpaceX, a company that makes rockets and spacecraft. He became the chief executive officer and a major funder of Tesla, which makes electric cars.

Musk was born to a South African father and a Canadian mother. He displayed an early talent for computers and entrepreneurship. At age 12 he created a video game and sold it to a computer magazine. In 1988, after obtaining a Canadian passport, Musk left South Africa because he was unwilling to support apartheid through compulsory military service and because he sought the greater economic opportunities available in the United States.

Musk attended Queens University in Kingston, Ontario, and in 1992 he transferred to the University of Pennsylvania, Philadelphia, where he received bachelors degrees in physics and economics in 1995. He enrolled in graduate school in physics at Stanford University in California, but he left after only two days because he felt that the Internet had much more potential to change society than work in physics. That year he founded Zip2, a company that provided maps and business directories to online newspapers. In 1999 Zip2 was bought by the computer manufacturer Compaq for $307 million, and Musk then founded an online financial services company, X.com, which later became PayPal, which specialized in transferring money online. The online auction eBay bought PayPal in 2002 for $1.5 billion.

Musk was long convinced that for life to survive, humanity has to become a multiplanet species. However, he was dissatisfied with the great expense of rocket launchers. In 2002 he founded Space Exploration Technologies (SpaceX) to make more affordable rockets. Its first two rockets were the Falcon 1 (first launched in 2006) and the larger Falcon 9 (first launched in 2010), which were designed to cost much less than competing rockets. A third rocket, the Falcon Heavy (first launched in 2018), was designed to carry 117,000 pounds (53,000 kg) to orbit, nearly twice as much as its largest competitor, the Boeing Companys Delta IV Heavy, for one-third the cost. SpaceX has announced the successor to the Falcon 9 and the Falcon Heavy: the Super HeavyStarship system. The Super Heavy first stage would be capable of lifting 100,000 kg (220,000 pounds) to low Earth orbit. The payload would be the Starship, a spacecraft designed for providing fast transportation between cities on Earth and building bases on the Moon and Mars. SpaceX also developed the Dragon spacecraft, which carries supplies to the International Space Station (ISS). Dragon can carry as many as seven astronauts, and it had a crewed flight carrying astronauts Doug Hurley and Robert Behnken to the ISS in 2020. Musk sought to reduce the expense of spaceflight by developing a fully reusable rocket that could lift off and return to the pad it launched from. Beginning in 2012, SpaceXs Grasshopper rocket made several short flights to test such technology. In addition to being CEO of SpaceX, Musk was also chief designer in building the Falcon rockets, Dragon, and Grasshopper.

Musk had long been interested in the possibilities of electric cars, and in 2004 he became one of the major funders of Tesla Motors (later renamed Tesla), an electric car company founded by entrepreneurs Martin Eberhard and Marc Tarpenning. In 2006 Tesla introduced its first car, the Roadster, which could travel 245 miles (394 km) on a single charge. Unlike most previous electric vehicles, which Musk thought were stodgy and uninteresting, it was a sports car that could go from 0 to 60 miles (97 km) per hour in less than four seconds. In 2010 the companys initial public offering raised about $226 million. Two years later Tesla introduced the Model S sedan, which was acclaimed by automotive critics for its performance and design. The company won further praise for its Model X luxury SUV, which went on the market in 2015. The Model 3, a less-expensive vehicle, went into production in 2017.

Musk expressed reservations about Tesla being publicly traded, and in August 2018 he made a series of tweets about taking the company private, noting that he had secured funding. The following month the U.S. Securities and Exchange Commission (SEC) sued Musk for securities fraud, alleging that the tweets were false and misleading. Shortly thereafter Teslas board rejected the SECs proposed settlement, reportedly because Musk had threatened to resign. However, the news sent Tesla stock plummeting, and a harsher deal was ultimately accepted. Its terms included Musk stepping down as chairman for three years, though he was allowed to continue as CEO.

Dissatisfied with the projected cost ($68 billion) of a high-speed rail system in California, Musk in 2013 proposed an alternate faster system, the Hyperloop, a pneumatic tube in which a pod carrying 28 passengers would travel the 350 miles (560 km) between Los Angeles and San Francisco in 35 minutes at a top speed of 760 miles (1,220 km) per hour, nearly the speed of sound. Musk claimed that the Hyperloop would cost only $6 billion and that, with the pods departing every two minutes on average, the system could accommodate the six million people who travel that route every year. However, he stated that, between running SpaceX and Tesla, he could not devote time to the Hyperloops development.

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Elon Musk | Biography & Facts | Britannica

Elon Musk and Grimes have changed their baby’s name. A bit. – CNN

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The actress and activist joined CNN's u003ca href="http://www.cnn.com/profiles/chris-cuomo-profile" target="_blank">Chris Cuomou003c/a> to discuss her experience with infectious disease expert Dr. William Schaffner.","descriptionText":"u003ca href="http://www.cnn.com/2020/08/06/entertainment/alyssa-milano-covid-antibodies/index.html" target="_blank">Alyssa Milano says she tested positive for coronavirus antibodiesu003c/a> after having tested negative for Covid-19. The actress and activist joined CNN's u003ca href="http://www.cnn.com/profiles/chris-cuomo-profile" target="_blank">Chris Cuomou003c/a> to discuss her experience with infectious disease expert Dr. William Schaffner."},{"title":"Cameron Diaz reveals reasons for walking away from acting","duration":"01:36","sourceName":"CNN","sourceLink":"https://www.cnn.com/","videoCMSUrl":"/video/data/3.0/video/entertainment/2020/08/06/cameron-diaz-gwyneth-paltrow-interview-orig-vstop-bdk.cnn/index.xml","videoId":"entertainment/2020/08/06/cameron-diaz-gwyneth-paltrow-interview-orig-vstop-bdk.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200806110331-cameron-diaz-interview-gwyneth-paltrow-large-169.jpg","videoUrl":"/videos/entertainment/2020/08/06/cameron-diaz-gwyneth-paltrow-interview-orig-vstop-bdk.cnn/video/playlists/atv-trending-videos/","description":"Cameron Diaz talked about her decision to leave her acting career during an interview with Gwyneth Paltrow on "In goop Health: The Sessions."","descriptionText":"Cameron Diaz talked about her decision to leave her acting career during an interview with Gwyneth Paltrow on "In goop Health: The Sessions.""},{"title":"YouTubers facing prison time over alleged pranks","duration":"00:54","sourceName":"HLN","sourceLink":"https://www.cnn.com/shows/morning-express","videoCMSUrl":"/video/data/3.0/video/us/2020/08/06/stokes-twins-charged-bank-robbery-pranks-mxp-vpx.hln/index.xml","videoId":"us/2020/08/06/stokes-twins-charged-bank-robbery-pranks-mxp-vpx.hln","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200806091113-alan-alex-stokes-file-large-169.jpg","videoUrl":"/videos/us/2020/08/06/stokes-twins-charged-bank-robbery-pranks-mxp-vpx.hln/video/playlists/atv-trending-videos/","description":"YouTube celebrities the Stokes Twins u003ca href="http://www.cnn.com/2020/08/06/entertainment/stokes-twins-youtubers-charged-swatting-pranks-trnd/index.html" target="_blank">could face up to four years in state prisonu003c/a> for their role in two fake bank robberies.","descriptionText":"YouTube celebrities the Stokes Twins u003ca href="http://www.cnn.com/2020/08/06/entertainment/stokes-twins-youtubers-charged-swatting-pranks-trnd/index.html" target="_blank">could face up to four years in state prisonu003c/a> for their role in two fake bank robberies."},{"title":"Father saves children from large alligator","duration":"01:05","sourceName":"CNN","sourceLink":"https://www.cnn.com/","videoCMSUrl":"/video/data/3.0/video/us/2020/08/06/texas-father-alligator-rescue-orig.cnn/index.xml","videoId":"us/2020/08/06/texas-father-alligator-rescue-orig.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200806083917-texas-father-alligator-rescue-orig-00000000-large-169.jpg","videoUrl":"/videos/us/2020/08/06/texas-father-alligator-rescue-orig.cnn/video/playlists/atv-trending-videos/","description":"Andrew Grande, a Texas father, saved his kids from u003ca href="/2020/08/06/us/texas-alligator-rescue-trnd/index.html" target="_blank">an approximately 12-foot alligatoru003c/a> looming in a canal they were near. ","descriptionText":"Andrew Grande, a Texas father, saved his kids from u003ca href="/2020/08/06/us/texas-alligator-rescue-trnd/index.html" target="_blank">an approximately 12-foot alligatoru003c/a> looming in a canal they were near. "},{"title":"FBI executed federal search warrant at Jake Paul's home","duration":"00:32","sourceName":"HLN","sourceLink":"https://www.cnn.com/specials/videos/hln","videoCMSUrl":"/video/data/3.0/video/us/2020/08/06/fbi-jake-paul-home-mxp-vpx.hln/index.xml","videoId":"us/2020/08/06/fbi-jake-paul-home-mxp-vpx.hln","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200805223739-02-fbi-raid-jake-paul-home-large-169.jpg","videoUrl":"/videos/us/2020/08/06/fbi-jake-paul-home-mxp-vpx.hln/video/playlists/atv-trending-videos/","description":"A law enforcement official confirms to CNN that u003ca href="https://www.cnn.com/2020/08/05/us/fbi-raid-jake-paul-home-trnd/index.html" target="_blank">FBI agents executed a federal search warrantu003c/a> at the Calabasas, California, home of YouTube celebrity Jake Paul.","descriptionText":"A law enforcement official confirms to CNN that u003ca href="https://www.cnn.com/2020/08/05/us/fbi-raid-jake-paul-home-trnd/index.html" target="_blank">FBI agents executed a federal search warrantu003c/a> at the Calabasas, California, home of YouTube celebrity Jake Paul."},{"title":"Late-night hosts mock Trump's possible US ban of TikTok","duration":"01:11","sourceName":"CNN","sourceLink":"https://www.cnn.com","videoCMSUrl":"/video/data/3.0/video/media/2020/08/04/late-night-laughs-trump-tik-tok-ban-orig.cnn/index.xml","videoId":"media/2020/08/04/late-night-laughs-trump-tik-tok-ban-orig.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200804021752-late-night-laugh-trump-tik-tok-ban-large-169.jpg","videoUrl":"/videos/media/2020/08/04/late-night-laughs-trump-tik-tok-ban-orig.cnn/video/playlists/atv-trending-videos/","description":"Late-night hosts Jimmy Fallon and Seth Meyers ridiculed President Trump's potential US ban of the Chinese-owned social media app TikTok.","descriptionText":"Late-night hosts Jimmy Fallon and Seth Meyers ridiculed President Trump's potential US ban of the Chinese-owned social media app TikTok."},{"title":"Dee Snider rocks solo on new album and video","duration":"01:31","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/entertainment/2020/08/04/dee-snider-rocks-solo-on-new-album-and-video.cnn/index.xml","videoId":"entertainment/2020/08/04/dee-snider-rocks-solo-on-new-album-and-video.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200804163908-dee-snider-rocks-solo-on-new-album-and-video-00001518-large-169.jpg","videoUrl":"/videos/entertainment/2020/08/04/dee-snider-rocks-solo-on-new-album-and-video.cnn/video/playlists/atv-trending-videos/","description":"The Twisted Sister vocalist drops a new home video, filmed during his latest solo concert tour.","descriptionText":"The Twisted Sister vocalist drops a new home video, filmed during his latest solo concert tour."},{"title":"Principal parodies 'U Can't Touch This' to teach CDC rules","duration":"00:54","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/us/2020/08/03/cant-touch-this-high-school-principle-parody-orig-jk.cnn/index.xml","videoId":"us/2020/08/03/cant-touch-this-high-school-principle-parody-orig-jk.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200803162658-cant-touch-this-high-school-principal-parody-large-169.jpg","videoUrl":"/videos/us/2020/08/03/cant-touch-this-high-school-principle-parody-orig-jk.cnn/video/playlists/atv-trending-videos/","description":"A high school principal in Alabama parodied MC Hammer's "U Can't Touch This" to encourage students to be safe when they return to school in the fall.","descriptionText":"A high school principal in Alabama parodied MC Hammer's "U Can't Touch This" to encourage students to be safe when they return to school in the fall."},{"title":"Now you can buy merch from the infamous Fyre Festival fraud","duration":"01:30","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2020/08/02/fyre-festival-auction-merchandise-orig-vf.cnn/index.xml","videoId":"business/2020/08/02/fyre-festival-auction-merchandise-orig-vf.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200802125750-fyre-festival-merch-auction-large-169.jpg","videoUrl":"/videos/business/2020/08/02/fyre-festival-auction-merchandise-orig-vf.cnn/video/playlists/atv-trending-videos/","description":"US Marshals are auctioning off clothing and souvenirs from the infamous Fyre Festival. 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Elon Musk and Grimes have changed their baby's name. A bit. - CNN

Elon Musk says coronavirus pandemic is ‘practice run’ for …

Elon Musk

Mike Blake | Reuters

Elon Musk said how the United States reacts to the Covid-19 pandemic can be viewed as a sort of trial run before an even more deadly virus spreads across the globe.

"At some point there probably will be a pandemic with a high mortality rate, something that's killing a lot of 20 year olds, let's say. This is kind of like a practice run for something that might in the future might have a really high mortality rate," the Tesla CEO said in an interview with comedian Joe Rogan that aired Thursday.

"We kind of got to go through this without it being something that kills vast numbers of young, healthy people," he added.Musk stressed that he believes the mortality rate of Covid-19 is much lower than estimated. The World Health Organization said in March that the Covid-19 mortality rate is 3.4% globally.

The WHO warned last month that more young peopleare becoming critically ill and dying from the coronavirus.Dr. Mike Ryan, executive director of WHO's emergencies program, has said that it's a mistake to assume the virus only seriously harms older people and those with underlying health conditions.

Musk has been a vocal critic of how government and health officials are reacting to the coronavirus pandemic that's killed at least 73,431 people in the United States. While talking to analysts in the company's Q1 2020 earnings call, Musk said stay-at-home orders are "forcibly imprisoning people in their homes against all their constitutional rights."

Public health officials have routinely cautioned that reopening too quickly could result in cases of Covid-19 re-accelerating and developing new hot spots that could overwhelm health systems.

Musk that people will come out of the pandemic with healthier habits, such as increased hand washing and mask usage, which he views as a silver lining. More vaccines and cures could be generated too as the understanding of these viruses improve, he added.

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