Elon Musk

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Tesla Announces Elon Musk Replacement

Robyn Denholm will be new board chair

(Newser) - Tesla says its new board chair replacing Elon Musk will be a technology and automotive industry veteran, Robyn Denholm of Australia's Telstra. The appointment to the full-time position takes effect immediately though Denholm will leave Telstra, Australia's biggest telecoms company, after a six-month notice period, Tesla said Thursday....

Here's a Taste of Musk's 'Disturbingly Long' Underground Tunnel

Hyperloop tunnel set to open to public Dec. 10

(Newser) - Elon Musk's two-mile tunnel underneath Los Angeles is set to open to the public Dec. 10 , and on Saturday, Musk offered a preview of what it will be like to travel the tunnel, tweeting a sped-up 34-second-long video. "Walked full length of Boring Co tunnel under LA tonight....

Elon Musk: I'm Now the 'Nothing of Tesla'

He claims to have 'deleted' corporate titles

(Newser) - Issuing strange tweets about corporate goings-on at Tesla is apparently a hard habit for Elon Musk to break. In a tweet Monday, Musk claimed that he "deleted all his titles" at the automaker last week to "see what would happen," MarketWatch reports. "I'm now the...

Elon Musk: $20M Tweet Was 'Worth It'

Tesla CEO also says he's taking a break from Twitter for a while

(Newser) - Elon Musk apparently has no regrets about a tweet that set him and Tesla back each $20 million . In a tweet late Friday—just before tweeting that he would be taking a break from Twitter—Musk responded to a question about his ill-fated tweet claiming he would take the company...

Tesla Shares Big News, Elon Musk Gets Choked Up

Company posts first profit in 2 years

(Newser) - Tesla Motors delivered on CEO Elon Musk's promise to make money during its latest quarter after fulfilling his pledge to boost production of its first electric car designed for the mass market. The company earned $311.5 million during the three months ending in September, swinging from a loss...

Elon Musk: Our First Tunnel Ready in December

His Boring Company plans to open a demonstration tunnel in suburban LA

(Newser) - Elon Musk thinks he can transform public transportation with speedy underground hyperloops , and he says the public will get its first real look at what he means in December. In a tweet , Musk said the first tunnel built by his Boring Company will open Dec. 10. This particular tunnel, however,...

Elon Musk May Be Getting Into the Booze Business

Tesla filed a trademark for "Teslaquila"

(Newser) - Drinking and driving don't mix, but what about Tesla and tequila? On Monday the electric car maker filed a trademark for the name "Teslaquila" for "distilled agave liquor" and "distilled blue agave liquor," CNBC reports, the company's first federal trademark application this year. The...

Flint Thanks Elon Musk for a Promise Kept

Donation will pay for water filtration systems at schools

(Newser) - Clean drinking water—it's an underappreciated luxury coming at long last to students in Flint, Mich., thanks to Elon Musk. Following his July vow to assist in the Flint water crisis, the Tesla and SpaceX CEO and the Musk Foundation donated $480,350 to the Flint City School District,...

Defiant Elon Musk Mocks SEC on Twitter

He calls them the 'Shortseller Enrichment Commission'

(Newser) - Elon Musk is a man of many talents, but knowing when to stop tweeting apparently isn't one of them. The Tesla CEO, who has agreed to pay $20 million and step down as chairman to settle a lawsuit brought by the Securities and Exchange Commission over a "false...

Hundreds of Parked Teslas Raise Many Questions

The 'New York Times' delves into monthslong mystery

(Newser) - It's a mystery that's been brewing since July: Various locations around the country—including lots, garages, and industrial sites—each have anywhere from dozens to hundreds of Tesla cars parked there. Photos and videos of the numerous parked cars started popping up online back in July, and a...

Elon Musk Resigns as Tesla Chair, Will Pay $20M

The CEO settles with the Securities and Exchange Commission

(Newser) - In a settlement with the SEC, Tesla CEO Elon Musk has agreed to resign as chairman within 45 days and pay a $20 million fine—but will remain chief executive, the Washington Post reports. The SEC was suing Tesla's founder over an August tweet that said he was "...

Musk&#39;s New Fight Poses Huge Risk to Tesla&mdash;and Himself
Musk's New Fight Poses Huge
Risk to Tesla—and Himself
the rundown
Sep 28, 2018 11:11 AM CDT

Musk's New Fight Poses Huge Risk to Tesla—and Himself

SEC complaint is 'road map to criminal charges,' says one biz journalist

(Newser) - The SEC's decision to sue Elon Musk and seek his ouster as chairman of Tesla came after Musk pulled out of settlement talks at the last minute, reports CNBC . Under the deal, Musk would have paid a fine but admitted no wrongdoing in regard to his infamous tweet in...

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...

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