Microsoft Co-Founder to Build Massive Jet for Space Launches

Microsoft Corp. co-founder Paul Allen says he will use his wealth to build the world’s largest airplane as a mobile platform for launching satellites at low cost, which he believes could transform the space industry.

Tesla IPO Firing on All Cylinders Batteries [UPDATED]

Tesla Motors went public today in the first IPO from an American car company since Ford’s in 1956. And already, its stock appears to have attracted a cult following. Floated with an initial offering price of $17, Tesla shares opened at $19 and closed at $23.89–up $6.89, or 40.5 percent.

Three Tesla Employees Killed in Plane Crash

Three employees of electric-car maker Tesla Motors Inc. died Wednesday when their small plane crashed in a residential neighborhood in California’s Silicon Valley, causing a major power outage in the city of Palo Alto but injuring no one on the ground.

Who Shot Valleywag? Gossip Bloggers Thomas (Outgoing) and Tate (Incoming) Speak!

Was it Facebook COO Sheryl Sandberg in Fraiche Yogurt with a Macbook Air? Or Tesla CEO Elon Musk on the streets of San Francisco with a Model S? Or, most likely of all, Marissa Mayer of Google in the penthouse with a Manolo Blahnik spiked heel? For all the invective this trio has taken from him, all would certainly be prime suspects if some nefarious fate befell Valleywag’s always controversial gossip blogger, Owen Thomas. Actually, the truth is a little more mundane: The self-described “scourge of [Silicon] Valley” is moving onto another digital job as head of NBC Universal’s new Bay Area Web site, whose motto is “Locals Only.” Deceptively fresh-faced Ryan Tate is his replacement. Here are Thomas’s last words on the controversial gossip site.
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Tesla Foiled

While $25 billion in low-cost federal loans keeps General Motors, Ford and Chrysler churning out SUVs through the econalypse, the wheels are coming off cleantech car company Tesla Motors. Without access to the same sorts of loans given its Detroit colleagues, the country’s leading electric car maker is delaying production of its Model S sedan, sacking an unspecified number of employees and shuttering two offices.

Tesla CEO in Love With His Car, Got a Feel for His Automobile

I would say it’s great. According to one of the car magazines, either Car & Driver or AutoWeek, it’s apparently the best kind of mid-speed acceleration of any car they ever tested. So that’s perfect for when you’re driving on the highway and you want to make a lane change or something like that. It’s [...]

Tesla Roadster Produces Co-Founder Emission

When Tesla Motors co-founder Martin Eberhard stepped down from the CEO spot earlier this year to concentrate on technology and development, it was apparently his first step toward the door he was just shown. Seems Eberhard’s been ousted from the company, or as Tesla euphemistically puts it: “transitioned from the board of directors and executive [...]

Bang, Zoom–To the Moon, Sergey! To the Moon!

With the establishment of the Google Lunar X Prize, Google’s 2004 Copernicus Center announcement seems less April Fool’s Day hoax, more company aspiration. At Wired NextFest in Los Angeles yesterday, Google said it will award up to $30 million in prize money to anyone able to land a privately funded spacecraft on the moon.