Elon Musk

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Controversial Tweet Gets Elon Musk Sued

The SEC says he made "false and misleading" statements with 'taking Tesla private' tweet

(Newser) - The SEC is suing Elon Musk over the Tesla CEO's August tweet in which he said: "Am considering taking Tesla private at $420. Funding secured." According to court documents filed Thursday, the SEC says that Musk had not even discussed "key deal terms, including price, with...

Tesla: Yes, We Gave Feds Documents They Wanted

As Bloomberg's sources say a DOJ criminal probe is underway

(Newser) - It's only Tuesday, and it's already been a roller coaster week of ups and downs for Elon Musk. The latest dip: Tesla confirmed Tuesday that it has complied with a voluntary request from the Justice Department to hand over documents related to Musk's August comments about possibly...

Elon Musk Names Tycoon Set to Fly Around the Moon

'I choose to go to the moon,' says Yusaka Maezawa

(Newser) - "I choose to go to the moon," Japanese fashion tycoon Yusaku Maezawa declared at an event at SpaceX's California headquarters Monday night. SpaceX founder Elon Musk revealed Maezawa as the company's first paying passenger on a voyage around the moon scheduled for 2023, reports Reuters . Maezawa,...

Cave Diver Sues Elon Musk for 'Pedo' Claim After Thai Rescue

Vern Unsworth previously signaled his intent to file suit

(Newser) - A British diver who criticized Elon Musk's attempted contribution to the sensational cave rescue of a Thai boy's soccer team has filed suit against the billionaire for calling him a pedophile. Vern Unsworth, who helped save a dozen boys and their coach in July, filed suit against Musk...

SpaceX: Surprise Announcement on 'Important Step' for Space Travel

Details are scarce, but passenger reportedly booked to fly around moon on Big Falcon Rocket

(Newser) - A big announcement has emerged out of SpaceX, involving what the Verge calls a "truly out-of-this-world vacation." In a tweet late Thursday, the company proclaimed a deal has been struck with a "private passenger" to fly around the moon in its Big Falcon Rocket, or BFR—an...

Elon Musk's 'Jarring' Move: Taking Puff of Joint on Video

Says his brain is like a 'never-ending explosion' in Joe Rogan podcast

(Newser) - Elon Musk has a word of caution for anyone who envies his lifestyle. "I don't think you'd necessarily want to be me," he told podcaster Joe Rogan in an interview that lasted more than two hours. "I don't think people would like it that...

Elon Musk: Thailand Diver Is a 'Child Rapist'

He doubles down on Vernon Unsworth accusations

(Newser) - Elon Musk has doubled down on his apparently baseless claims that Vernon Unsworth, the British cave diver who helped rescue a trapped youth soccer team in Thailand, is a pedophile. In an angry email to BuzzFeed reporter Ryan Mac, the Tesla CEO called the 63-year-old Unsworth a "child rapist"...

Elon Musk Might Get Sued Over 'Pedo Guy' Comment

Diver's lawyer says Vernon Unsworth is preparing lawsuit

(Newser) - Elon Musk recently suggested the cave diver he called "pedo guy" might actually be a pedophile , seeing as the diver hadn't sued Musk over his comment—but now a lawsuit may be coming. Vernon Unsworth, the British cave explorer who assisted with the rescue of the young soccer...

Elon Musk Suggests Man He Called 'Pedo' Really Is One

He questions why Vernon Unsworth hasn't sued him

(Newser) - Elon Musk's company is staying public , and so are his thoughts. The head of Tesla took to Twitter on Tuesday night to return to a subject that has caused him grief in the past: the British cave diver whom he called "pedo guy." Vernon Unsworth, who helped...

Musk: Sentiment Was 'Please Don't Do This,' So We Won't

The company will remain public, he announced Friday night

(Newser) - What started on Twitter has ended on the Tesla company blog . Elon Musk announced in a statement posted there late Friday night that the electric car maker would not in fact be going private. He writes, "I knew the process of going private would be challenging, but it’s...

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...

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