Elon Musk
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Tesla CEO Elon Musk tweeted that he tried to sell his company to Apple at a fraction of its current value when Tesla was ramping up Model 3 production.
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Tesla restarts production at California plant despite shutdown order
Tesla CEO Elon Musk joined workers on the line at the company's plant in Fremont, California.
Viknesh Vijayenthiran -
Musk announces plans to move Tesla HQ out of California over virus restrictions
Tesla CEO Elon Musk announced plans via Twitter on Saturday to “immediately” move the company's headquarters and future programs to Texas or Nevada or a combination of the two. Tesla's headquarters are currently located in California, where the company's sole vehicle plant in the United...
Viknesh Vijayenthiran -
Elon Musk claims Tesla Model S will make a Nürburgring run next week
With the Porsche Taycan now a reality, Musk and Tesla may be preparing to challenge the German electric car's performance credentials—before it's even on sale.
Byron Hurd -
Musk: Netflix and YouTube streaming coming to Teslas
Elon Musk announced on Twitter that Tesla will soon offer Netflix and YouTube streaming services through the infotainment system when the car is in Park.
Sean Szymkowski -
Tesla CEO Elon Musk hints third-party apps may come when company builds enough cars
As more Teslas hit the road, company CEO Elon Musk said third-party developers may create apps for the cars' infotainment system.
Sean Szymkowski -
The Boring Company raced a car on the street against a car underground in its Hawthorne, California test tunnel to predictable results. The company also signed a contract to build a transportation tunnel in Las Vegas.
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First test run completed at 35 mph in Musk's LA Boring Company tunnel, turns cars into "rail-guided trains"
What started as a joke has turned into a real-life prototype. Elon Musk japed that he'd dig tunnels under Los Angeles to avoid traffic, and on Tuesday his Boring Company opened its first prototype tunnel in LA. The entrepreneur behind Tesla and SpaceX also provided more details on how the system...
Sean Szymkowski -
Elon Musk says he doesn't respect SEC, his tweets have no oversight
Elon Musk stepped back into the limelight after a tumultuous year. The automaker he oversees, Tesla, was rocked with SEC investigations, production qualms, but turned a profit for the first time in years this year. In an interview with CBS' "60 Minutes" that aired Sunday, Musk recapped 2018 and...
Sean Szymkowski -
Tesla says SEC subpoenaed information about 2017 production numbers
The Securities and Exchange Commission wants to know if Tesla CEO Elon Musk misled investors last year about the automaker's capacity to build the Model 3 sedan, the company disclosed Friday. In a routine filing to investors, Tesla said the SEC subpoenaed information about statements made in 2017...
Joel Feder -
Tesla reportedly faces FBI investigation over production numbers
Tesla reportedly faces an investigation by the FBI that the automaker and CEO Elon Musk may have misled investors about its production numbers. The Wall Street Journal reported Friday that the FBI is "examining whether Tesla misstated information about production of its Model 3 sedans and misled...
Joel Feder -
Tesla CEO Elon Musk's settlement with SEC approved by judge
Tesla and its CEO Elon Musk's settlement with the Securities and Exchange Commission has cleared its final hurdle. The settlement has been approved by U.S. District Judge Alison Nathan in Manhattan. Bloomberg reported the agreement was made final in Manhattan on Tuesday. The lawsuit stemmed from a...
Joel Feder -
James Murdoch, son of billionaire media mogul Rupert Murdoch, is the leading candidate to take over the chairman role at Tesla, the Financial Times reported Wednesday, citing two people familiar with the matter. However, Elon Musk, current CEO and chairman at Tesla, hit Twitter shortly after the report was published with the statement, “This is incorrect.” Musk agreed to give up the chairman role last month in a settlement with the Securities and Exchange Commission over a lawsuit filed against him for his infamous “funding secured” tweet made in early August in...
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Elon Musk trolls SEC on Twitter, doubles down, SEC agreement not done deal
Just days after settling with the Securities Exchange Commission, Tesla CEO Elon Musk took to Twitter to troll the SEC on Thursday. Just want to that the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point! — Elon Musk (@elonmusk) October 4, 2018...
Joel Feder -
Tesla CEO Elon Musk settles with SEC, fined $40M and will step down as chairman
Tesla and its CEO Elon Musk settled a lawsuit with the Securities and Exchange Commission on Saturday that will result in a $40 million fine and a new chairman of Tesla's board of directors. The lawsuit was filed after Musk claimed "funding secured" in tweet as he floated the idea of taking the...
Joel Feder -
SEC sues Tesla CEO Elon Musk for lying about funding, seeks to bar him from running Tesla
Note to readers: This story has been updated from its original version with comment from Musk. Federal regulators said Thursday in a lawsuit that Tesla CEO Elon Musk intentionally misled investors last month when he tweeted that he had "funding secured" to buy back millions of dollars in shares...
Aaron Cole -
DOJ wants to know if Tesla CEO Elon Musk broke the law in going-private tweets
On August 7 Tesla CEO Elon Musk tweeted about taking the automaker private. While it may have seemed to slip out of the news, the tweet had not slipped the minds of federal agencies. The Wall Street Journal reported on Tuesday that the Department of Justice (DOJ) now has an open investigation into...
Joel Feder -
Volkswagen was reportedly Tesla's backer to go private
Volkswagen may have offered to come to Elon Musk's rescue but the Tesla CEO turned down funding from the German automaker and others to take his company private, according to a report from The Wall Street Journal on Monday. Elon Musk started a circus Aug. 7 when he tweeted about taking Tesla...
Joel Feder -
After a 17-day roller coaster, Tesla [NASDAQ: TSLA] CEO Elon Musk announced Friday via a blog post on the automaker's website that Tesla will remain a publicly traded company. The announcement comes more than two weeks after Musk tweeted his idea of taking Tesla private at $420 per share and said funding for the move was secure. Musk said Tesla will remain public as "it’s apparent that most of Tesla’s existing shareholders believe we are better off as a public company." He said institutional investors may be prohibited from owning significant portions of a private company. Musk...
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Opinion: It's time for Tesla's Elon Musk to step aside
It’s hard to overstate Elon Musk’s contributions to the 21st century. As one of PayPal’s founders, Musk cemented his fortune. As the dreamer behind SpaceX, he cemented his vision for humanity’s future. As Tesla’s CEO, he’s created an automaker that not only...
Aaron Cole -
SEC subpoenas, board surprised, investor lawsuits: Tesla woes mounting?
A reported subpoena from the Securities and Exchange Commission may add to the long list of growing worries for Tesla and its embattled CEO Elon Musk that now includes potential investor lawsuits, federal inquiries, and reports that the automaker's board of directors may not have been fully briefed...
Joel Feder -
Elon Musk says talks with Saudis led him to tweet "funding secured"
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...
Joel Feder -
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...
Joel Feder -
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...
Joel Feder