Elon Musk is planning to build a private airport east of Austin, Texas, according to multiple sources speaking to Austonia. It’s unclear when or exactly where Musk plans to build the airport, but sources say it will be near Bastrop, to the east of Austin. Tesla currently owns 2,500 acres of land in southeast Travis […]
After Elon Musk announced plans to countersue Twitter over his backing out of a $44 billion purchase, the billionaire’s lawyers have said the social media company is purposely making the pre-trial process impossible. Tesla’s lawyers have expressed that Twitter is making the pre-trial process extremely difficult, by not reciprocating necessary materials to cooperate with Chancellor […]
When will Tesla deliver its Cybertruck? According to Tesla’s Q2 2022 earnings call, CEO Elon Musk answered an investor question about when Cybertruck would be officially available and said it would debut in mid-2023. Speaking about Cybertruck, Musk said, “we will bring another level of simplicity and manufacturing improvements with Cybertruck and future products that […]
Some posit that SpaceX has significantly accelerated humanity’s move toward the stars, but one former NASA administrator says that couldn’t have happened without the company chief’s technical expertise. Elon Musk’s technical background plays a major role in what makes SpaceX so efficient, according to former NASA Deputy Administrator Lori Garver in an interview with Politico […]
Following Elon Musk’s move to back out of a Twitter buyout, and his push for a trial regarding the case in 2023, the Tesla CEO is looking to countersue as the social media company tries to use the courts to force his takeover to be completed as planned. Musk is looking to file a counter-lawsuit […]
Tesla CEO Elon Musk and his lawyers have responded to Twitter’s lawsuit that aims to force the SpaceX CEO to follow through on the deal, according to filings on Friday. Bloomberg reports Musk’s legal team argues Twitter officials are seeking an unfair “warp speed” trial for September, slated for four days. Musk’s team instead wants […]
Inflation and supply chain headwinds have wreaked havoc in the automotive industry in recent months, and Tesla hasn’t been immune to its effects — resulting in numerous price increases over the first half of the year. Tesla CEO @Elon Musk tweeted on Friday that Tesla could reduce the price of its cars, if the high […]
Tesla CEO Elon Musk provided an update on the next release of Full Self-Driving (FSD) beta on Wednesday night. When asked by FSD beta tester James Locke when version 11.0 would be released, Musk replied, “[FSD] 10.13 goes to internal beta tomorrow, external next week. Should handle Chuck’s complex left turn.” Musk’s reference to “Chuck” is […]
Twitter has filed a lawsuit in Delaware suing Tesla CEO Elon Musk, to force the latter to complete his proposed $44 billion deal, reports Bloomberg. “Having mounted a public spectacle to put Twitter in play, and having proposed and then signed a seller-friendly merger agreement, Musk apparently believes that he — unlike every other party […]
For those wondering about Tesla’s 4680 structural battery pack—which is posing to be very difficult to open by third parties—yes, it can be recycled. Tesla CEO Elon Musk confirmed the company’s 4680 structural battery pack found in the Texas-made Model Y, can indeed be recycled. “No problem to recycle the 4680 pack. Just think of […]
After billionaire Elon Musk pulled out of his bid to acquire Twitter last Friday, the company is taking him to court over walking away — and Musk is tweeting memes about the company headed into the trial. Musk tweeted multiple pictures on late Saturday evening to mock Twitter’s attempts to hold him accountable for backing […]
Tesla, SpaceX CEO Elon Musk said in a Friday tweet that he plans to “increase childcare benefits at all of his companies significantly.” Beyond Tesla and SpaceX, Musk also runs The Boring Company and Neuralink. The celebrity billionaire is one of the founders of OpenAI as well. Musk was looking to add social media giant […]
Tesla CEO Elon Musk has announced on Friday he is “terminating” the merger agreement to buy Twitter, according to a filing with the SEC. The letter, dated July 8, 2022, is written by Musk’s lawyer, Mike Ringler from Skadden, Arps, Slate, Meagher & Flom LLP. “Mr. Musk is terminating the Merger Agreement because Twitter is […]
Elon Musk’s Twitter deal may still be in trouble, largely due to ongoing iterations of his issues with bots on the platform, according to reports from Yahoo Finance‘s Dan Howley on Friday. While Twitter apparently provided Musk with the bot account data it had access to, it wasn’t confirmed as to whether the company included […]
Tesla and SpaceX CEO Elon Musk is expected to make an appearance at an investment conference this weekend, as detailed by a few sources this week. Elon Musk will speak at this year’s final day of the Allen & Co. Sun Valley Gathering of the Elite, according to people familiar with the subject detailed in […]
