Elon Musk Comes Up With Tweaks That Could Better Concorde Fuel Efficiency, Performance — Can The Supersonic Jet Be Revived?
Portfolio Pulse from Anan Ashraf
Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA) and SpaceX, has suggested improvements to the supersonic Concorde airliner to enhance its efficiency. Musk proposed updating the engines and increasing the maximum altitude to reduce fuel consumption and solve heating issues. The Concorde, which was jointly run by British Airways and Air France, was retired in 2003 due to high operating costs and a fatal crash in 2000.
October 31, 2023 | 6:28 am
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Elon Musk's suggestions for improving the Concorde could potentially influence future projects at Tesla or SpaceX. However, as there are no immediate plans for either company to venture into supersonic aviation, the impact on Tesla's stock is likely to be minimal in the short term.
While Elon Musk's suggestions for the Concorde show his innovative thinking, they do not directly relate to Tesla's current operations or projects. Therefore, the impact on Tesla's stock price is likely to be minimal in the short term. However, if Tesla or SpaceX were to venture into supersonic aviation in the future, these suggestions could become more relevant.
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