Many experts don’t believe autonomous vehicles will be in widespread use for a decade or more.
Alleged Musk broke the agreement by tweeting without company approval.
Given his questionable behaviour, most other company boards would have taken action.
Financing for the deal far from locked up, contradicts guarantee that Musk issued in a tweet.
CEO writing that he had secured funding to buy Tesla Inc.’s shares at $420 each.
Musk expects the company to avoid returning to the markets for capital and to be “essentially self-funding on a go-forward basis.”
All-or-nothing package would rise dramatically if he meets 12 incremental goals.
Some analysts are questioning whether Musk should be spending more time fixing the vehicle’s woes.
Company must grow in $50 billion leaps, to a $650 billion market capitalization.
Trucks account for nearly a quarter of transportation-related greenhouse gas emissions in the US.
Replacing Iridium’s orbiting fleet with a next-generation constellation.
Its semi-autonomous technology is among the most advanced on the road.
Zips through alternately dark and lighted sections of the tunnel on a monorail.
US customers first, other countries next year.
On track to launch astronauts to the International Space Station for NASA in mid-2018.