However, over the summer, another Musk company, the Boring Company, which has developed tunnel digging technology, revealed that it had received permission to dig a tunnel between NY and DC. There was some hope that maybe it was doing this and would then seek a partner to build the Hyperloop system.One of the potentially most innovative transportation concepts to come along in years has now got a little Game of Thrones vibe happening.
Moreover, he believes 46-year-old Musk truly is a man on a mission. &#147I don&#146t think he&#146s working for money. I think he&#146s genuinely trying to save the planet. If you spent an hour with Elon Musk talking about the future of transportation and energy and our planet, he would change the way you think about things.&#148Elon Versus the Haters
Govts don&#39t need to follow normal laws. They will obtain AI developed by companies at gunpoint, if necessary.Musk tweeted the sentiment on Monday, apparently inspired by recent events around North Korea and its hydrogen bomb tests, as revealed by some follow-up comments with his Twitter followers.
Tesla may have briefly surpassed General Motors Co. in terms of market capitalization, but it is swimming in red ink. Its cumulative losses have hit $3.7 billion, and negative free cash flow was $1.8 billion as of June 30. Both numbers are expected to get worse before they get better. Negative free cash flow could hit $4.7 billion this year, for an unprecedented total cash burn of $10.6 billion, says C. Bernstein analyst Toni Sacconaghi.