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Showing posts with the label CEO

Tesla’s new sports car might fly

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Tesla unveiled a new sports car last week that, according to the automaker, can go from zero to 60 miles an hour in 1.9 seconds, making it the quickest accelerating production car ever made. Beyond that, it has a top speed near the all-out fastest road cars in the world.Oh, and it also might fly. "Not saying the next gen Roadster special upgrade package will definitely enable it to fly short hops, but maybe..." Tesla CEO Elon Musk Tweeted Sunday. Musk had been Tweeting about a "special option package" for the Tesla Roadster that "takes it to the next level." He implied that the 1.9-second zero-to-60 times, which already beats the quickest cars now available by nearly half a second, could be improved upon with a future upgrade. "Just a question of safety," Musk said of the possible flight option. "Rocket tech applied to a car opens up revolutionary possibilities." Musk is also CEO of the rocket company SpaceX, alt...

Meg Whitman to step down as CEO of Hewlett Packard Enterprise

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Meg Whitman’s tenure as CEO of Hewlett Packard Enterprise is coming to an end. Whitman said Tuesday that she would step down from the business technology giant after a six-year stint, and described the reasons for her upcoming departure in a call with analysts. In Whitman’s view, HPE is in much better shape than it was when she first arrived in 2011, prior to the company’s split from personal computer and printer sibling HP Inc. in 2015. At that time, Hewlett-Packard “was an enormous conglomerate,” she said, that confused customers because it sold too many disparate products—from servers to software to printers. Additionally, she explained that the company’s size and management structure was an obstacle to staying current with technology trends. HPE’s core data center hardware business has shrunk over the years amid the rise of cloud computing, in which companies can purchase computing resources in a pay-as-you-go model. “This company was a slow...