Elon Musk

  • Elon Musk at Tesla Model 3 reveal

    Tesla [NYSE: TSLA] CEO Elon Musk provided insight Monday behind his "funding secured" comment made last week when he floated the idea of taking the automaker private. Musk released a statement on Tesla's blog and wrote the sovereign wealth fund of Saudi Arabia approached him multiple times in the last two years to discuss taking Tesla private. The Saudis are reportedly interested in Tesla in a move to diversify away from oil, he said. Musk on Monday confirmed the Saudi fund bought "almost 5 percent of Tesla stock through the public markets." In July 31 meeting with the fund's managing...

  • Elon Musk at Tesla Model 3 reveal
    Report: SEC inquired about Elon Musk's tweet regarding taking TSLA private

    The Internet and financial industry weren't the only ones to take notice Tuesday when Tesla CEO [NYSE: TSLA] Elon Musk took to Twitter floating the idea of taking the automaker private. The Wall Street Journal reported Wednesday that SEC investigators could be looking into a variety of violations...

  • Elon Musk at Tesla Model 3 reveal
    Elon Musk isn't kidding, Tesla board confirms TSLA could go private

    Elon Musk disrupted multiple industries on Tuesday when the Tesla CEO [NASDAQ: TSLA] took to Twitter to float the idea of taking the Silicon Valley automaker private. Musk mused Tesla could be bought back at $420 per share. On Wednesday morning, multiple members of Tesla's board of directors signed...

  • Elon Musk at Tesla Model 3 reveal
    Updated: Elon Musk considering taking Tesla private, TSLA stock trading halted

    Update: 3:53 pm EST: Tesla stock is now trading again. It opened today at $341.99 and is up 10.61 percent at $378.26 currently. ------------------------------------------ Update 3:44 pm EST: Tesla released a statement that was emailed to employees earlier today laying out the potential of taking...

  • Elon Musk at Tesla Model 3 reveal
    Elon Musk says future Teslas will be like K.I.T.T. with AI

    Twitter makes it incredibly easy to gain insight into what Tesla CEO Elon Musk is thinking, for better or worse. On Sunday, Musk let slip on the social media platform that future Teslas will be reminiscent of K.I.T.T. of "Knight Rider" fame, complete with artificial intelligence. Musk replied to a...

  • 2018 Tesla Model 3 Long Range electric car, road test in greater Atlanta area, Feb 2018
    Tesla sues ex-employee who claims whistleblower status

    After Tesla CEO Elon Musk accused an ex-employee of being a saboteur, Tesla filed suit against former Gigafactory technician Martin Tripp on Wednesday in a Nevada federal court, according to a Thursday report in the Washington Post. The lawsuit accuses Tripp of stealing confidential photos and...

  • Tesla Model X in Boring Company tunnel

    The Boring Company tunnels will fit a Tesla Model X electric car. That's the latest bit of news from Elon Musk's underground adventure. The company posted a short video (taken vertically...) of a Model X moving through a tunnel on what appears to be the "skates" that propel the car. It's important that the Model X fits because Tesla and The Boring Company boss Musk said the project's transport vehicles will be based on the Model X. The company's plans have shifted from transporting cars and other vehicles on skateboards underground, to pedestrians boarding the electric skateboards themselves...

  • 2018 Tesla Model 3 Long Range electric car, road test in greater Atlanta area, Feb 2018
    Elon Musk reveals when $35K Tesla Model 3 could start production, admits brake issue

    Tesla's rollout of the Model 3 has been anything but smooth sailing, and thousands of customers are still waiting for one very important Model 3 variant: the base model. It's the car Tesla CEO Elon Musk has consistently promised would come with a $35,000 price tag and 220 miles of range. Now, Musk...

  • Tesla Motors CEO Elon Musk at Tesla Store opening in Westfield Mall, London, Oct 2013
    Elon Musk's latest venture could be...bricks?

    Elon Musk has dabbled, or hinted at dabbling, in numerous industries. The Tesla CEO is best known for his work at the electric-car company, SpaceX, and the Boring Company. Oh, and he wants to create a candy company, among other things. What might be next for Musk? As if he doesn't have his hands...

  • The Boring Company concept
    Elon Musk envisions $1 rides to use Boring Company tunnels

    Elon Musk, CEO of The Boring Company, as well as Tesla, began to lay out plans for how his interpretation of future transportation will look in Los Angeles. The Boring Company will build an urban transport system called Loop, and Musk thinks the transportation solution will revolutionize how...

  • 'Revenge of the Electric Car' premiere: Tesla Motors CEO Elon Musk on red carpet
    Elon Musk "super serious" about starting candy company

    Perhaps we'll soon see yet another ambitious project from Tesla and SpaceX CEO, Elon Musk. The outspoken executive recently took to Twitter to announce he's "super serious" about starting...a candy company. Where did the idea for a candy company originate? It appears Musk and Warren Buffet, CEO of...

  • 2018 Tesla Model 3
    Dual-motor Tesla Model 3 "probably" coming this summer

    Despite production delays since first deliveries last July, Tesla finally thinks it will have Model 3s rolling off the line at a steady pace by the start of the third quarter of 2018. Now, according to Tesla CEO Elon Musk, its production line should be ready to handle dual-motor (all-wheel-drive)...

  • Elon Musk

    Tesla's face and shining star won't be leaving any time soon. Elon Musk, the carmaker's co-founder, has agreed to remain CEO for another 10 years. With the announcement, The New York Times reported on Tuesday on Musk's somewhat bewildering new compensation plan. Long story short, it's all or nothing for Musk. Tesla has set a dozen targets for growth in $50 billion increments. If Musk fails to reach a market-capitalization target, he won't receive any pay. Furthermore, the compensation arrangement rewards long-term success, not short-term stock jumps. Musk will have to deliver in spades to...

  • The Boring Company concept
    The Boring Company publishes map of proposed tunnels

    The Boring Company, one of many projects under Elon Musk's watch, has released a map showing where it imagines its first network of tunnels to run, if and when it receives government approval. The map depicts two major arteries which follow Interstate 405 and 101 in California. It also shows that...

  • Elon Musk and Turkish President Recep Tayyip Erdogan
    Elon Musk meets Turkish President to discuss SpaceX, Tesla

    Elon Musk met with Turkish President Recep Tayyip Erdogan on Wednesday to discuss ways in which Tesla and SpaceX, both run by Musk, could aid Turkey in some ambitious projects the country is undertaking. Erdogan, who last year sought to punish a German comedian for making fun of him, met with Musk...

  • Richard Branson with Virgin Hyperloop One executives
    Hyperloop One rebrands as Virgin Hyperloop One following sizable investment

    The CEO of both Tesla and SpaceX, Elon Musk, may have initially proposed the idea of the Hyperloop, but the legendary entrepreneur only began work on his own Hyperloop system recently after offering the idea to the world a four years ago as an open-source project of sorts. In the meantime, a...

  • Tesla Motors CEO Elon Musk at Tesla Store opening in Westfield Mall, London, Oct 2013
    Elon Musk is "full of crap" with self-driving car promises, says GM exec

    Automakers and technology companies from around the world continue to press forward with their autonomous-driving technologies, but a handful remain standouts. Arguably, Tesla arrived on the scene first with its Autopilot system. However, despite its name, the technology is far from capable of...

  • SpaceX concept for multi-planetary civilization
    Elon Musk predicts rocket travel on Earth and to Mars via SpaceX

    Elon Musk, CEO of Tesla and SpaceX, offered a new prediction for the future: travel by rocket will soon be feasible. Not just travel through space, but rocket travel right here on planet Earth. With his prediction, Musk believes long-distance trips could take mere minutes. Musk made the comments at...

  • Tesla Model S inside The Boring Company tunnel

    No surprises here. Elon Musk's proposed solution for Los Angeles, California's horrendous traffic will fit a Tesla Model S inside. The solution comes from Musk's latest venture, The Boring Company, and it's begun to dig underneath the headquarters of another Musk venture, SpaceX. Musk took to Instagram to provide an update on the project, where he said the tunnel will start in Hawthorne. If you haven't kept up to speed on The Boring Company, the company envisions a network of underground tunnels to bypass ground traffic above. Cars, bikes, and more would drive onto an elevator, which would...

  • Hyperloop One concept drawing
    Tesla CEO Elon Musk now plans to build his own Hyperloop

    Although Tesla and SpaceX CEO Elon Musk originally birthed the idea of the Hyperloop, the entrepreneur was never officially tied to one particular Hyperloop project. Instead, other start-up companies borrowed Musk's blueprint and got to work on the concept. However, it seems Musk has had a change...

  • Hyperloop One concept drawing
    Elon Musk's Boring Company merges with Hyperloop for NY to DC transport

    Tesla CEO Elon Musk, ever the visionary, says he received "verbal approval" from the United States government to build a Hyperloop through New York City, Philadelphia, Baltimore, and Washington D.C. Musk's claim also references his latest venture, The Boring Company, merging it with his proposed...

  • The Boring Company concept
    Talks between city of Los Angeles and Elon Musk's Boring Company "promising"

    The Tesla Model 3 hasn't entered production yet, but Elon Musk never rests. The Tesla CEO claims to have had good conversations with the city of Los Angeles over the use of high-speed traffic tunnels being developed by his latest venture, The Boring Company. The entrepreneur said via Twitter on...

  • Tesla CEO Elon Musk presents Powerwall 2.0 and SolarCity solar roof
    Tesla CEO Elon Musk launches Neuralink venture to merge human brain with AI

    First it was electric cars, and then came the mission to conquer space exploration and Mars. Now, Tesla and SpaceX CEO Elon Musk has set his sights on yet another lofty venture called Neuralink. According to The Wall Street Journal (subscription required), Neuralink’s mission is to help human...

  • SpaceX concept for multi-planetary civilization
    Tesla CEO Elon Musk makes case for colonizing Mars

    Speaking at the International Astronautical Congress in Mexico on Tuesday, Elon Musk, this time with his SpaceX cap on, made the case for colonizing Mars. He talked about the goal being reachable between 40 and 100 years from now, and that it was conceivable that one day people will be able to...

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