Tesla Chairman Steps Down After Great Quarter

Former Tesla chairman Elon Musk has resigned from chairman duties after a fraud scandal. The US accused Musk of saying he’d make his company private and stocks wouldn’t be for sale. Musk’s punishment is a fine of $20 million charged to Tesla and another $20 million to him but he will be allowed to stay…

The New Space Race

In recent times, new companies have focused their efforts on developing aerospace technology in a faster, safer, cheaper, and overall better way. These new efforts are part of the so-called ‘NewSpace’, a movement described by Forbes as “low-cost and visionary commercial space technologies”. But the concept is more than that. It points to diminishing the…