Tesla’s chief designer, Franz von Holzhausen, gave an interview with CNBC from the company’s current exhibit at the Petersen Automotive Museum in Los Angeles. Von Holzhausen discusses the Cybertruck, how he got hired at Tesla and also having Elon Musk as a boss. As for Cybertruck, he says it is a rare moment “where form followed function […]
During his testimony in court on Tuesday, Elon Musk said that Tesla engineers sent to work at Twitter were doing so “on a voluntary basis” and only “after hours,” according to a report from CNBC. The news came during a case over Musk’s $56 billion compensation plan in 2018, for which Tesla shareholder Richard Tornetta […]
Tesla Chair Robyn Denholm testified in a case surrounding Elon Musk’s $56 billion compensation plan in 2018, saying that she expected the automaker to produce as many as 100 Semis this year, according to a report from The Wall Street Journal. Denholm testified remotely, noting that the Semi was originally planned for release in 2019, […]
Tesla CEO Elon Musk is in court this week defending his 2017-2018 compensation package at the electric vehicle (EV) manufacturer, in which he made $56 billion. In a Delaware Chancery Court on Wednesday, Musk said he was “focused” on Tesla in 2017, defending his pay package by adding that the company was in “crisis,” according […]
Twitter head Elon Musk sent an email to employees emphasizing that those who want to stick around will need to be “working long hours at high intensity,” according to a report from CNBC. Musk said that only “exceptional performance will constitute a passing grade,” noting that the goal is to help create “Twitter 2.0.” “Going […]
Earlier today, Bloomberg reported SpaceX was in talks to raise funding that would value the rocket and satellite firm at over $150 billion, citing unnamed sources familiar with the matter. The new valuation was said to be higher than the previous $125 billion valuation from earlier this year, claimed sources, which added shares being offered […]
Tesla headed to court on Monday over Elon Musk’s 2018 compensation package, taking place at Delaware’s Court of Chancery in Wilmington, according to a report from CNN. Musk will testify on Wednesday about the $56 billion compensation deal, which the plaintiffs call the largest pay package ever offered by a publicly traded company. The net […]
Elon Musk spoke virtually at Indonesia’s B20 Summit conference over the weekend, discussing themes ranging from nickel to Twitter TV and more, as can be seen in a YouTube video from KompasTV. Musk previously agreed to speak at the conference after meeting with Indonesian president Joko Widodo over discussions about mining nickel for electric vehicle […]
Sam Bankman-Fried, the founder and CEO of the now-bankrupt cryptocurrency exchange FTX, reached out to Tesla CEO Elon Musk back in April and offered an investment of up to $5 billion USD in the latter’s $44 billion bid to acquire Twitter, according to internal emails shared by @TechEmails. Michael Grimes, the Head of Global Technology […]
On Thursday, Elon Musk sent his first email to Twitter staff and informed them of a dire situation at the social network, while also saying at a meeting his recent Tesla stock sale was to “save” the social network, reports The New York Times. Musk told employees the company did not have enough cash to […]
A lawsuit filed against Elon Musk over his compensation package at Tesla is set to be held in a Delaware Chancery Court, as overseen by Judge Kathaleen St. J. McCormick — the same judge who was set to preside over Musk’s Twitter trial. Tesla shareholder Richard Tornetta filed the lawsuit against Musk, claiming that the […]
Tesla CEO Elon Musk has sold $3.95 billion worth of his shares in the automaker, reveals filings with the SEC on Tuesday. The share sales happened after the closing of Musk’s $44 billion acquisition of Twitter. Prior to the notice of his 19.5 million shares of Tesla sold, Musk held roughly 25% of Tesla stock […]
Earlier today, Tesla and SpaceX CEO Elon Musk was interviewed by Baron Capital Group Chairman and CEO Ron Baron, in a featured session at the 29th Annual Baron Investment Conference in New York City on November 4, 2022. Over 4000 Baron Funds’ shareholders attended the conference. Musk discussed numerous topics with Baron, diving into the […]
Fred Krupp, the President of the Environmental Defense Club (EDF), called Elon Musk a “visionary” this week in an interview with Yahoo Finance, also adding that SpaceX is launching a satellite for the non-profit organization. Krupp noted the newly mainstream appeal of electric vehicles as Musk’s doing and the subsequent revolution spanning the entire auto […]
The coming changes to Elon Musk’s $44 billion takeover of Twitter are happening at a breakneck speed similar to Tesla, according to the latest reports. Twitter’s $8 verification service part of Twitter Blue is said to launch as early as next week, reports Bloomberg. Also coming is the edit button for all users, as this […]
