Elon Musk

  • Tesla Model Y

    As more Teslas hit the road, company CEO Elon Musk said third-party developers may create apps for the cars' infotainment system.

  • The Boring Company Las Vegas Convention Center station rendering
    The Boring Company shows off tunnel efficiency, nabs Las Vegas contract

    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.

  • Boring Company opens first test tunnel in LA, Dec. 2018
    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...

  • Tesla CEO Elon Musk on "60 Minutes"
    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...

  • Tesla Model 3 all-wheel drive Performance rolls off a new assembly line in a temporary structure
    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...

  • Tesla Model 3 all-wheel drive Performance rolls off a new assembly line in a temporary structure
    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...

  • Elon Musk at Tesla Model 3 reveal

    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 tweet posted by Musk on August 7. The tweet claimed "funding secured" as Musk floated the idea of taking the Silicon Valley automaker private at $420 per share. The settlement terms will have Tesla pay a $20 million fine, and Musk will pay a $20 million fine. Musk will also step down as chairman of...

  • 'Revenge of the Electric Car' premiere: Tesla Motors CEO Elon Musk on red carpet
    James Murdoch could take chairman role at Tesla

    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...

  • Tesla Motors CEO Elon Musk at Tesla Store opening in Westfield Mall, London, Oct 2013
    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...

  • Tesla Motors CEO Elon Musk at Tesla Store opening in Westfield Mall, London, Oct 2013
    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...

  • Elon Musk at Tesla Model 3 reveal
    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...

  • Tesla Motors CEO Elon Musk at Tesla Store opening in Westfield Mall, London, Oct 2013
    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...

  • Elon Musk at Tesla Model 3 reveal

    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 private at $420 per share, and that funding for the move was secure. Musk said later that "funding secure" referred to negotiations with the sovereign wealth fund of Saudi Arabia to take the company private, although no formal offer had been made and both sides may have been dubious about a deal...

  • Tesla Motors CEO Elon Musk at Tesla Store opening in Westfield Mall, London, Oct 2013
    Elon Musk decides to keep Tesla public, board agrees

    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...

  • Elon Musk
    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...

  • Elon Musk at Tesla Model 3 reveal
    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...

  • Elon Musk at Tesla Model 3 reveal
    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...

  • 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 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 a statement that confirmed Musk was serious about taking Tesla private. In a release, board members Brad Buss, Robyn Denholm, Ira Ehrenpreis, Antonio Gracias, Linda Johnson Rice, and James Murdoch said Musk opened the discussion last week. The statement says Musk "addressed the funding for this to...

  • 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
    Boring Company runs Tesla Model X in prototype 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...

  • 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...

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