Tesla Motors Inc (NASDAQ:TSLA)’s Elon Musk Updates On SpaceX Projects

Tesla Motors Inc (NASDAQ:TSLA)’s Elon Musk is fond of turning science fiction into reality. According to an article published by The Verge, it appears as though having brought the world high-performance car powered by battery cells, Musk wants to do more. In the latest update from the billionaire entrepreneur, SpaceX continues to innovate, and people can keep their eyes on the sky to see what is coming. Musk showed off what he called “real-life X-wings” for the reusable rocket and more, just to generate significant interest in SpaceX projects.

According to Musk, the latest version of the reusable rocket, Falcon 9R, now features a set of four grid fins that are independently adjustable. Musk said that the fins are designed in such a manner that they deploy after the rocket takes off. Additionally, they help the rocket to make those spectacular maneuvers for vertical landing. Tesla Motors Inc (NASDAQ:TSLA)’s Musk cited the latest version of the rocket as having hypersonic grid fins.

Beyond the so-called real-life X-wings, Musk also updated on rocket landing pad, which he said SpaceX was developing. Such landing pads at sea will help the reusable rockets to make stops and refuel. Musk is clearly dreaming something big with SpaceX, and there is no doubt he gets things done when he means it. Investors only need to look at what Tesla Motors Inc (NASDAQ:TSLA) is doing currently to understand how Musk turns dreams to reality.

Tesla Motors Inc (NASDAQ:TSLA) boasts the most advanced electric vehicle on the road today. Its flagship electric car, Model S, has higher safety and performance rating, and the company continues to make it a better car.

In addition to enhancing Model S, the company also plans other high-performance electric car models. It has promised Model X and Model 3, one of which will be a high-performance SUV and the other one being a mass market targeted car.

Tesla Motors Inc (NASDAQ:TSLA) struck a deal to establish its so-called Gigafactory in Nevada. The state offered it sweeter deal to host the $5 billion battery manufacturing project.