Elon Musk

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So What's Going On With Tesla, Elon Musk?

The SEC wants to know, and rapper Azealia Banks has some theories

(Newser) - It sure has been an interesting week for Tesla CEO Elon Musk, and things might get worse before they get better. The controversy began last Tuesday when Musk startled his own company board by announcing that he might take Tesla private and, in fact, had "funding secured." Now... More »

Elon Musk's Tesla Tweet May Have Been Illegal

Sources say SEC is investigating claim that funding secured for Tesla move

(Newser) - Elon Musk's tweet about potentially taking Tesla private was definitely unorthodox—and it may also have been illegal, according to analysts and regulators. Sources tell the Wall Street Journal that the Securities and Exchange Commission wants to know more about Musk's tweet, specifically the part about funding being... More »

Tesla Board's Statement Leaves Unanswered Questions

Board acknowledged discussions about taking the company private began last week

(Newser) - Elon Musk wasn't blowing smoke . The BBC reports on a three-sentence statement issued by six of Tesla's nine board members saying the board had "met several times over the last week" to discuss Musk's proposal to take the company private, which he announced via an unexpected... More »

Tesla Stock Halted After Elon Musk's 9-Word Tweet

Tweet to his account says he's thinking of taking the company private

(Newser) - A nine-word tweet posted to Elon Musk's account on Tuesday caused an afternoon ruckus in regard to Tesla stock. "Am considering taking Tesla private at $420. Funding secured," the CEO tweeted. CNBC reports Fox Business reporter Liz Claman asked Musk about the share price and got a... More »

Tesla's Alleged Saboteur Says Batteries Were Glued

Martin Tripp denies writing hacking software in countersuit

(Newser) - The technician accused of stealing data from Tesla's battery factory in Nevada is countersuing his former employer and CEO Elon Musk for defamation. "Tesla has made several false and defamatory statements about [Martin] Tripp in an effort to discredit him," a lawyer says. The Guardian specifically mentions... More »

New Tesla Trouble: a Leaked Memo

Cash-strapped company is asking parts suppliers for money back

(Newser) - Tesla's stock was dropping Monday, but this time it had nothing to do with a controversial tweet from CEO Elon Musk. Instead, the Wall Street Journal got its hands on a memo that suggests the company's cash troubles remain significant. In the memo, sent by an unnamed global... More »

Elon Musk Sorry for 'Pedo' Insult

'My words were spoken in anger'

(Newser) - Elon Musk has apparently decided to cut his losses and withdraw from the Thailand cave dispute with whatever dignity he has left. In a tweet , the Tesla CEO apologized for describing British cave diver Vern Unsworth, who played a key role in rescuing 12 trapped boys and their coach, as... More »

Elon Musk's 'Pedo' Insult Might Get Him Sued

'It's not finished,' says rescuer who was target of CEO's slam

(Newser) - A nasty coda to the Thailand cave rescue might not be going away anytime soon. A British diver instrumental in the rescue is now threatening to sue Elon Musk after the entrepreneur called him "pedo guy" on Twitter. "Yes, yes, it's not finished," 63-year-old Vern Unsworth... More »

Elon Musk Calls Key Player in Thai Cave Rescue a 'Pedo'

The billionaire reportedly went on Twitter rant against British diver Vernon Unsworth

(Newser) - Elon Musk reportedly went on a Twitter rant Sunday against a key player in the recent rescue of 12 boys and their soccer coach from a cave in Thailand. According to Vox.com , the billionaire investor called British cave diver Vernon Unsworth "pedo guy" as part of a series... More »

Elon Musk Promises to Fix Flint Water Contamination

He says anybody who needs a filter will get one

(Newser) - He sent a sports car to space , but can he fix Flint's water crisis? Elon Musk says the answer is yes. In response to a request Wednesday on Twitter, the Tesla and SpaceX CEO promised that he would deal with the scandal in the Michigan city, where the water... More »

Musk: Unused Rescue Sub Could 'Do Entire Journey'

Spokesman for diver disagrees, says it was too big

(Newser) - An 18-day mission to save 12 boys and a soccer coach trapped in a Thai cave succeeded without Elon Musk's mini-submersible, which was deemed unsuitable and left behind in the Tham Luang cave complex. It's "a reminder that sometimes this tech superhero doesn't quite match up... More »

Elon Musk's Idea to Save Thai Boys: Make a 'Bouncy Castle'

SpaceX CEO says he's sending engineers over to see if his Boring Company can assist

(Newser) - Initial elation at finding 12 boys and their soccer coach in a Thai cave has since turned to concern at not being able to immediately extract them, and sadness after a diver bringing supplies died during his exit . Now, per the BBC , renewed hope joins those emotions after Tesla and... More »

Tesla Goes to Extremes to Meet Production Goal

Company using fewer welds, replacing more robots with humans

(Newser) - "I think we just became a real car company." So reads a celebratory email from Tesla CEO Elon Musk to employees after the company met a long-elusive production target of making 5,000 Model 3 sedans in a week, reports CNBC . In a regulatory filing, Tesla says it... More »

Elon Musk Is Arguing About an Image of a Farting Unicorn

Artist says Tesla never paid him for using his creation

(Newser) - Elon Musk has switched his attention from rooting out saboteurs to arguing on Twitter about the rights to an image of a farting unicorn. The saga began in February last year, when the Tesla CEO tweeted an image of one of Colorado potter Tom Edwards' mugs, featuring a unicorn farting... More »

Tesla Sues Ex-Employee Who Allegedly Stole Gigs of Data

Martin Tripp is accused of stealing gigabytes of data and allegedly lying to the media

(Newser) - Tesla has filed a lawsuit against a former employee whom the company has accused of stealing "gigabytes" of confidential data and allegedly hacking into the computers of its Nevada battery factory. According to Bloomberg , the suit identifies Martin Tripp of Sparks as the employee, who reportedly admitted to investigators... More »

Elon Musk: Rogue Employee Wrought 'Extensive Sabotage'

He says Tesla workers should be extremely vigilant

(Newser) - Never a dull moment for Elon Musk: The Tesla CEO warned all employees Monday that a saboteur inside the company had caused "quite extensive and damaging sabotage to our operations," reports Reuters . "This included making direct code changes to the Tesla Manufacturing Operating System under false usernames... More »

Elon Musk Just Landed Huge Deal in Chicago

His Boring Company will dig 2 tunnels to O'Hare in high-speed transit system

(Newser) - A company Elon Musk started that almost sounded like a joke has just landed a huge deal to build an underground transit system from downtown Chicago to O'Hare airport. The CEO of Tesla and SpaceX plans to build two tunnels from the shell of the never-completed transit station... More »

Tesla Slashes Thousands of Jobs

Round of layoffs is biggest in company history

(Newser) - Tesla has never made an annual profit but it's getting serious about trying, Elon Musk said in a letter to employees announcing the biggest round of layoffs in the company's history. Musk told employees that the company's rapid growth had led to "duplication of roles and... More »

Elon Musk Throws Party for Flamethrower Buyers

First 1K could pick them up in person

(Newser) - The first 1,000 customers who bought flamethrowers from Elon Musk at $500 a pop could pick them up on Saturday, though they're now labeled "Not a Flamethrower" to get around pesky regulations about transporting flamethrowers between states. Musk—who sold 20,000 of the devices to raise... More »

Consumer Reports Changes Its Tune on Tesla Model 3

But wind noise, a stiff ride, and the touch-screen controls are still a problem

(Newser) - A wireless update of antilock braking software improved the stopping distance of Tesla's electric Model 3, prompting Consumer Reports to reverse course and give the car its "Recommended Buy" rating, the AP reports. The magazine said Wednesday that the update cut 19 feet off the car's stopping... More »

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