business Archive

businessTesla is Making a Lot of Profit and Should be Building Model Y and Semi-Trucks in 2020

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Tesla is predicted by analysts to turn a profit in the fourth quarter of 2018. The average estimate is a profit of $206 million on a GAAP basis. In April, analysts expected a fourth-quarter loss of about $234 million. The …

businessSpaceX Will Start Building the Super Heavy First Stage Booster This Spring

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Elon Musk had tweeted that the Super Heavy first stage will start getting built in the spring. Both, but demo Starship is being built now, whereas Super Heavy hardware will start getting built in spring — Elon Musk (@elonmusk) December …

businessHuman Genome Sequencing is Free from Nebula Genomics Using Blockchain

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Nebula Genomics offers free human genome sequencing. Sign up for free and get matched with research institutions to get free genomic sequencing and other rewards. Harvard Scientist George Church is one of the co-founders of Nebula Genomics. Nebula Genomics liberates …

batteriesTesla Model Y and Semi-Truck Production in Late 2019 or Early 2020

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NFI Industries vice president of fleet services James O’Leary says NFI ordered 10 Tesla Class 8 trucks and they are expecting them to be delivered in 2020. Daimler and Volvo will start delivering their electric models as early as 2019. …

businessSpaceX Lays Off 10% of Staff After Disappointing Fund Raising

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SpaceX is laying off ten percent of their 6000+ staff. SpaceX has very expensive projects to develop the Superheavy Starship (aka BFR) and the Starlink global space-based internet. SpaceX makes most of its money from commercial and national security satellite …

businessBaidu and Udelv Will Test Driverless Trucks for Walmart in the USA

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Baidu, who is China’s version of Google, has entered a partnership deal with California-based autonomous delivery start-up Udelv that will see self-driving vans powered providing delivery services to American retailers such as Walmart from February. Baidu announced the deal with …

biotechScientist Who Edited Humans Was Very Active in Many Biotech Startups

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Dr He Jiankui created the world’s first gene-edited babies and has received at least 298 million yuan (US$43 million) in funding for two biotech start-ups from Chinese and international investors. Shenzhen Direct Genomics Biotechnology is a Shenzhen-based genome sequencing firm. …

businessSpaceX has 21 Successful Launches in 2018

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SpaceX had 21 successful launches in 2018. They ended 2018 by launching a GPS satellite. SpaceX had 18 launches in 2017. In 2016, SpaceX won a $83 million contract to launch this GPS satellite. This is the first of a …

businessSpaceX Falcon Heavy Will Demo Rapid Reusability of 90% of the Rocket in 2019

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Two SpaceX Falcon Heavy launches will use the same set of first stage booster cores. SpaceX’s Falcon Heavy rocket will launch the Arabsat-6A spacecraft in March. The NASA Space Environment Testbed payload will launch on a SpaceX Falcon Heavy no …

businessWhy Do I Have Confidence in My Forensic Financial Analysis of SpaceX?

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This is a bit lengthy, but I wanted to explain why I have confidence in my financial analysis of SpaceX. I believe I have created a crude but justified proforma forensic financial analysis of SpaceX and their Starlink business. It …