The U.S. Securities and Exchange Commission (SEC) has launched a probe into Elon Musk for his role in directing the branding around Tesla’s self-driving car ambitions — reports Bloomberg. According to the publication, the efforts are part of the regulator’s ongoing investigation into Tesla’s claims surrounding its Autopilot and Full Self-Driving (FSD) features. SEC officials […]
Tesla CEO Elon Musk is currently trial for a 2018 tweet in which he claimed having “funding secured” to take the automaker private. During his testimony on Monday, Musk said on Monday that he could have sold SpaceX shares to fund a buyout, as a potential alternative to the Saudi financing to take Tesla private […]
One major fan of Elon Musk has earned a long-awaited moment with the Tesla and SpaceX CEO for his own YouTube channel. Fidias Panayiotou hugged who he considered to be the world’s top 100 celebrities in a new video shared on Monday, including Musk. The video shows all 100 hugs with a number of YouTube […]
Elon Musk was denied a bid to move or put off a trial regarding a misleading 2018 tweet about taking Tesla private on Friday, according to a report from CBS News. Federal U.S. District Judge Edward Chen ruled in a San Francisco hearing that jury selection for the trial will still happen as planned on […]
After @Elon Musk tweeted that an update allowing hands-free driving for Full Self-Driving (FSD) beta users would be coming in January on December 31, a U.S. regulator has reached out for more information, reports Reuters. The National Highway Traffic Safety Administration (NHTSA) has followed up on Musk’s tweet, in which he responded to Tesla enthusiast […]
Elon Musk on Friday filed a motion to move his upcoming securities-fraud trial over his 2018 tweets about having “funding secured” to take Tesla private from San Francisco to Texas, where the company is now headquartered — reports The Wall Street Journal. The Tesla CEO alleged that potential jury members in California have been biased […]
Leo KoGuan, Tesla’s third-largest retail shareholder who claims to have invested more than $3 billion USD in the electric vehicle (EV) company, has turned against CEO Elon Musk and is urging the board of directors to limit the eccentric entrepreneur’s influence (via TheStreet). KoGuan’s outlook towards Musk soured in recent weeks as Tesla has taken […]
The U.S. Internal Revenue Service (IRS) has invited public comments on the eligibility criteria for electric vehicle (EV) tax credits under President Joe Biden’s recently-signed Inflation Reduction Act (IRA). 💥 Make your voice heard! The period for written public comments on the IRA EV Tax Credit is open. Tax subsidies should be an even playing […]
Tesla CEO Elon Musk emailed staff warning them against being “bothered by stock market craziness” on Wednesday, after the company’s shares dropped by roughly 70 percent on the year, as reported by Reuters. In the email, Musk also said he still thinks that Tesla will be the world’s most valuable company someday, echoing past claims […]
Elon Musk has sold a hefty load of Tesla shares in the past few weeks, and while the move has exacerbated the concerns of many of the company’s shareholders, the CEO says he doesn’t plan to do it again for a while. In a Twitter Spaces call on Thursday, Musk said he “won’t sell stock […]
It’s been a whirlwind few months at Twitter, after CEO Elon Musk purchased the company for $44 billion following months of back and forth. Twitter owner Musk is currently looking for a new person to head the company, according to sources who spoke with CNBC on Tuesday. It’s no surprise Musk is finding a new […]
Just when Tesla investors thought CEO Elon Musk was done selling shares, he caught them off guard again. In filings with the Securities and Exchange Commission (SEC) revealed on Wednesday, Musk sold about 22 million shares worth $3.58 billion. The share sales took place sometime between Monday and Wednesday of this week. It’s unclear what […]
Twitter head Elon Musk is continuing to shift the social media company’s business plans since taking over, and he recently shared some of his thoughts on the platform. Musk spoke with Mario Nawfal, Marc Andreessen, Ian Miles Cheong, and others in a recent conversation shared on the Elon Alerts YouTube channel. A supercut of the […]
Time is getting close to revealing its 2022 Person of the Year, with last year’s winner also landing in the running for this year’s award. Elon Musk is one of 10 candidates selected for the 2022 Time Person of the Year’s shortlist, according to Today. A lot has happened since Musk was given the title […]
Tesla CEO Elon Musk recently met with French President Emmanuel Macron to discuss the “manufacturing of electric vehicles and batteries,” among other things. “In line with our ambition for decarbonizing and reindustrializing France and Europe, with @elonmusk we exchanged on future green industrial projects, such as manufacturing of electric vehicles and batteries,” President Macron said […]
