Elon Musk

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Amid Musk's Struggles, a Win for His Enemies

Short sellers are doing well since the CEO's tweet 2 weeks ago

(Newser) - The SEC is investigating Elon Musk's now-famous tweet about taking Tesla private, and one reason is to see whether he set out to punish investors who were betting against his company, reports Vox . If so, he did not succeed. Though Tesla's share price rose from $350 to $387...

Arianna Huffington's Advice Impossible, Says Elon Musk

She encourages frazzled CEO to work saner hours

(Newser) - Arianna Huffington is calling on Elon Musk to adopt a healthier work-life balance, but the Tesla CEO says that's not an option, per the AP . In a tweet early Sunday after arriving home from a late night at a Tesla factory, Musk told the Huffington Post founder that his...

After Confessional Interview, Tesla Stock Slides

Down 8% after Elon Musk gets personal with 'Times'

(Newser) - Elon Musk got a lot off his chest in a tearful interview with the New York Times , but Tesla investors apparently weren't feeling very sympathetic on Friday. The stock fell 8% in the wake of the interview in which he detailed "the most difficult and painful year" of...

Musk Predicts 'Extreme Torture,' Possible Tesla 'Destruction'

Tesla CEO talks 120-hour workweeks and friends 'concerned' about his health with the 'NYT'

(Newser) - One of his companies has been accused of dangerous practices ; he tweeted himself into hot water by calling a cave rescuer a "pedo" ; and another recent tweet caught the SEC's attention . All of which have given Tesla/SpaceX CEO Elon Musk the "most difficult and painful year of...

Tesla 'Whistleblower' Airs Alleged Evidence on Twitter

Martin Tripp says photos, documents prove dangerous practices

(Newser) - A former Tesla technician continues to cause headaches for CEO Elon Musk. "Are you ready?" Martin Tripp tweeted Wednesday before unleashing internal documents and photos he alleges show scrap piles, "bent" cooling tubes, and "reworked" M3 battery modules at Tesla's battery factory in Nevada, backing his...

Musk's Tweet Gets Tesla an SEC Subpoena, Sources Say

Sources tell Fox, New York Times the SEC has opened a formal investigation

(Newser) - There were rumblings that the SEC wanted to talk to Elon Musk about his tweet saying he was considering taking Tesla private and had "funding secured." Now, sources tell Fox Business Network , the San Francisco office of the SEC has indeed subpoenaed Tesla and the investigation is a...

Elon Musk&#39;s New Trouble: The SEC, and a Rapper
So What's
Going On
With Tesla,
Elon Musk?
the rundown
Aug 14, 2018 11:40 AM CDT

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...

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...

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...

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...

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...

New Tesla Trouble: a Leaked Memo
New Tesla
Trouble:
a Leaked
Memo
Jul 23, 2018 12:45 PM CDT

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...

Elon Musk Sorry for &#39;Pedo&#39; Insult
Elon Musk Sorry
for 'Pedo' Insult
Jul 18, 2018 5:33 AM CDT

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...

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...

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...

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...

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...

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...

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...

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...

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