Virgin Galactic WEEKS from sending first craft to space as Richard Branson races Elon Musk

Eccentric entrepreneur Sir Richard Branson confirmed that his Virgin Galactic will soon be completing its first space rest flights. The ultimate aim for …

The 68-year old added: “We should be in space within weeks, not months. And then we will be in space with myself in months and not years.”

“We will be in space with people not too long after that so we have got a very, very exciting couple of months ahead.”

A ticket into space on board a Virgin Galactic flight will be a costly £192,000 ($250,000) – but “ultimately” he would expect it to fall to £31,000 ($40,000) within a decade.

Nonetheless, Sir Richard is undeterred and says there will be customer demand.

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Elon Musk’s 1st space passenger explains his trust in the SpaceX boss

TOKYO — The Japanese online retail tycoon who plans to travel to the moon on the SpaceX rocket says he respects and trusts Elon Musk as a fellow …

TOKYO — The Japanese online retail tycoon who plans to travel to the moon on the SpaceX rocket says he respects and trusts Elon Musk as a fellow entrepreneur, despite his recent troubles. “Twitter can get you into trouble,” Yusaku Maezawa, chief executive of Zozo Inc., said Tuesday at the Foreign Correspondents’ Club in Tokyo. “And that can be said of Elon Musk, too.”

Musk’s tweet in August that declared he had secured financing for a Tesla buyout got him in trouble with the U.S. Securities and Exchange Commission. Under a settlement, Tesla and Musk each must pay a $20 million penalty. Musk also stepped down as Tesla’s chairman.

Maezawa, 42, who is also quite active on social media, is set to be a passenger on Musk’s SpaceX, the first-ever private commercial space trip, scheduled for blastoff in 2023, to orbit the moon, in what Maezawa has dubbed his “#dearMoon Project.”

Maezawa said he got a good feel for Musk’s character by visiting Tesla, and seeing the relationship Musk had developed with his employees.

“They believe in Elon Musk,” he said. “That kind of company is marvelous. I felt that as another entrepreneur.”

Although Maezawa said nothing was decided yet on who was going with him on the space travel, he said he wanted to take visual artists, fashion designers and musicians from a variety of backgrounds, including the actress he was dating, Ayame Goriki, “if she proves to be a good match for the mission.”

Maezawa said his company has a twitter policy, and experts go over his tweets in advance. Sometimes he gets emotional on social media, but he is careful not to say anything that might hurt his company, he said.

Recently, he took to his twitter and Instagram accounts to lash out at online hecklers, who had ridiculed his halting rendition of “Twinkle, Twinkle Little Star” on an expensive Stradivarius violin he had just purchased.

Maezawa is known for lavish purchases, including artworks by Jean-Michel Basquiat and Andy Warhol. But he is equally known for sharing them with the public.

He shrugged off the possible dangers of space, just as he brushed off the risks of tweets and associations with Musk.

“There is no end if you start thinking about that,” he said of the risks.

Maezawa said he has not yet started training for the mission, but he has been getting regular medical checkups and is brushing up on his English.

In a nation where people tend to be focused on blending in and getting along, Maezawa has stood out. Forbes magazine estimates his wealth at $2.9 billion.

Maezawa ran an import CD business and played in a rock band before he embarked on his online fashion business with his shopping site Zozotown.

Recently, he has begun making clothes, such as a wearable technology called Zozosuit. The suit, splattered with hundreds of dots, takes body measurements with a software application, ensuring a good fit.

Maezawa said nicely fitting clothes bring smiles and the moon trip’s purpose also is to add to happiness.

The world remembers the first words of the 1969 Apollo astronaut Neil Armstrong, “That’s one small step for a man, one giant leap for mankind,” he said.

Maezawa has a message of his own that he says will be more casual, akin to the lyrics he loved playing in rock bands growing up.

All I want to say is this: Wouldn’t the world be a better place if there is peace?” said Maezawa.

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Elon Musk’s Tesla Model 3 Sales Stats Show It’s Crushing the Competition

That’s according to sales figures shared by CEO Elon Musk on Tuesday, which show the company’s cheapest-ever electric vehicle took the fourth spot …

The Tesla Model 3 was the biggest-selling American car in the United States for the month of September. That’s according to sales figures shared by CEO Elon Musk on Tuesday, which show the company’s cheapest-ever electric vehicle took the fourth spot in sales for the previous month.

The CleanTechnica stats show the Model 3 sold an estimated 24,040 vehicles in the previous month. That places it well ahead of the fifth-placed Toyota Corolla that sold 20,797 cars, and just behind the third-placed Honda Civic that sold 24,806 vehicles. The Honda Accord came in second with 25,357 cars, and the Toyota Camry topped the list with 27,640 vehicles. The second-highest-selling American car in the month was the Ford Fusion with 15,878 vehicles, which placed it at number eight on the list. The Model 3 was also by far the car with the highest starting price in the month, with the $49,000 edition still the cheapest type available. Only the 19th-placed Dodge Charger, with a $28,995 starting price, came close.

Tesla Model 3 Is #1 Top Selling American Car In USA https://t.co/2nPhWy46mxpic.twitter.com/IbxsxBdDzK

— CleanTechnica (@cleantechnica) October 9, 2018

See more: Tesla Took All 3 Top EV Sales Spots Last Month, Elon Musk-Shared Stats Show

The news is a strong endorsement of Tesla’s plan to ramp up production, which started Model 3 production in July 2017 alongside 2,000 Model S and X vehicles per week, before moving to producing around 5,000 Model 3s per week while maintaining its S and X output. A Tesla-commissioned study from IHS Markit showed in May that the company contributed around $5.1 billion to California’s gross state product last year.

The impressive month follows similar success in August sales. Musk shared stats that showed Tesla claimed the first, second and third spots in plug-in electric vehicle sales for the month, delivering around 17,800 vehicles with the Model S selling 2,625 and the Model X selling 2,750. The Toyota Prius Prime plug-in hybrid took fourth place with 2,071 sales.

Tesla is expected to move further into the mass market with next year’s launch of the Model Y, a cheaper sports utility vehicle alternative to the Model X in the same way that the Model 3 is a cheaper version of the Model S.

From there, the company is expected to release its second-generation Roadster supercar in 2020.

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Virtuo doubles size of car fleet to meet steady demand following London launch

The early UK success of Virtuo has been facilitated by investment from one of Europe’s early-stage investors in the future of mobility Balderton Capital …

Today (October 9), Virtuo, a mobile car rental service, has announced it is doubling the size of its fleet in response to the overwhelming demand for the new service across London.

Following a successful launch this summer, which has seen the company stack up over 25,000 users in just two months of operations, the Mercedes GLA cars will be added to Virtuo’s quality fleet.

As with the Mercedes A-Class that previously made up the entire fleet, the GLA will be fitted with Virtuo’s unique technology which allows customers to book, locate, unlock and drive a Mercedes, all through their phone.

Michael Altom, general manager of Virtuo UK & Ireland, said: “We are so excited to be doubling our fleet and introducing the Mercedes GLA for our customers. Since launch, we have been blown away by the demand and the amazing feedback Virtuo has received.

“From speaking to our customers, it is clear there is a desire for a larger car model. The vehicles are the perfect car for long haul country breaks as well as exploring the capital city. We are excited that we are now able to provide this.”

The Paris-headquartered startup is said to be popular in London, having sold out its entire fleet of Mercedes A-Class vehicles in its first seven weekends of London operations.

Virtuo initially launched across five central locations (London Victoria, London Waterloo, King’s Cross St Pancras, Marble Arch and Kensington) and is expected to increase its number of locations across the capital as the brand continues its expansion plans into the final quarter of the year.

The early UK success of Virtuo has been facilitated by investment from one of Europe’s early-stage investors in the future of mobility Balderton Capital – behind the likes of Citymapper and Carwow.

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Tesla Stock Boomed After the SEC Deal. Then Elon Musk Tweeted. Now the Company Is Worth …

If the rout sparked by an SEC investigation into CEO Elon Musk’s tweets on taking the carmaker private wasn’t enough, a subsequent tweet storm …

Tesla Inc. just can’t seem to catch a break.

If the rout sparked by an SEC investigation into CEO Elon Musk’s tweets on taking the carmaker private wasn’t enough, a subsequent tweet storm mocking the agency and an unflattering comparison to Lehman Brothers Holdings Inc. slewed off even more value. Shares extended losses for a fifth straight session Monday, falling 4.3% to the lowest in more than 18 months.

The stock rebounded in after-hours trading, recovering about 1%, after Macquarie initiated coverage of Tesla (tsla) with an outperform rating.

Investors continue to punish Tesla even as its Model 3 is becoming one of the best-selling sedans in America. The company managed to deliver on its third-quarter projections for the electric car, leading JPMorgan to boost its estimates.

The stock closed at its lowest level since March 2017 on Monday, shaving more than $10 billion off its market capitalization in one week.

“The auto industry is on the precipice of a multi-decade transformation” driven by disruptive innovation and technology, which Tesla is “uniquely positioned” to lead, Macquarie analyst Maynard Um said in a note.

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