The U.S. Securities and Exchange Commission (SEC) requested permission from a judge to pay out $40 million to investors from a 2018 civil settlement with Elon Musk and Tesla, according to Reuters. The news came after Musk complained that the regulator had “broken its promises” by stalling on the payout of the settlement while harassing […]
Musk has requested that a judge block the SEC’s oversight of his Twitter posts, saying it’s being used to “trample” his free speech, according to Bloomberg. The news was established in a court filing on Tuesday, referring to an agreement established after a 2018 tweet from Musk said he was considering taking Tesla private and […]
The global Technology Entertainment and Design (TED) Conference is set to return to Vancouver, British Columbia, after a two-year hiatus on account of the COVID-19 pandemic, and will feature Tesla and SpaceX CEO Elon Musk as one of its headliners this year — reports Global News. Other big names scheduled to speak at the conference […]
Tesla and SpaceX CEO Elon Musk recently had a video conference with Ukrainian President Volodymyr Zelensky, during which the latter invited Musk to visit Ukraine after the war is over. Ukraine is currently being invaded by Russia. Tensions heightened on Friday after Ukraine said Russian forces attacked a nuclear power plant in the southeast part […]
U.S. Labor Secretary Marty Walsh has extended an olive branch to Tesla CEO Elon Musk, saying he is “willing to have a conversation” with him about “anything he would like to talk about” — reports Yahoo Finance. “Let me put it this way. I would love to have a conversation with Mr. Musk and talk […]
SpaceX CEO Elon Musk has revealed some governments have asked the company to block Russian news sources on its Starlink satellite internet service. Musk detailed the request on Friday evening, saying, “Starlink has been told by some governments (not Ukraine) to block Russian news sources. We will not do so unless at gunpoint.” “Sorry to […]
Musk took Chinese official Qin Gang for a ride in a Tesla Model S Plaid this week, according to a post shared by @Qin on Thursday (via Automotive News). One Tesla representative noted that the drive took place in Fremont, California, where one of Tesla’s U.S. factories is located. Qin went on to say the […]
Tesla shareholder Richard J. Tornetta is suing Tesla, alleging that CEO Elon Musk’s pay was excessive and breached fiduciary duties, according to a report from CNBC. The pay package in question granted options worth about $2.5 billion to Musk, and consisted of the CEO’s 101.3 million stock options plan which pays out in 12 milestone-focused […]
Tesla CEO Elon Musk said on Wednesday he is inviting the United Auto Workers (UAW) labor union to hold a vote at the company’s California factory. Musk mentioned that the “real challenge is Bay Area has negative unemployment, so if we don’t treat and compensate our (awesome) people well, they have many other offers and […]
After news that Lucid Motors had delivered its first electric vehicle (EV) with 500 miles of range, @WholeMarsBlog noted that “Tesla will be the first to mass produce one.” In response, Tesla CEO Elon Musk explained why the company hasn’t yet made a 600-mile range vehicle, saying that the range would detract from the vehicle’s […]
In his State of the Union Address, President Joe Biden mentioned that American manufacturers like Ford and General Motors are investing large amounts of money into building electric vehicles. These figures were shared via the President’s official Twitter account, which got Elon Musk’s attention. The tweet mentions that Ford is investing $11B, while GM will […]
After requesting to Elon Musk for Starlink satellite internet access for Ukraine, the SpaceX CEO responded a mere 10 hours later to say the service was active in the country, while also adding more terminals were coming. On Monday, Mykhailo Fedorov, Ukraine’s Vice Prime Minister and Minister of Digital Transformation, shared a picture of a […]
With Ukraine under attack by Russia, the former now has another ally when it comes to communications, as SpaceX Starlink is now live in the nation, according to Elon Musk. The SpaceX CEO announced on Saturday just now, “Starlink service is now active in Ukraine. More terminals en route.” Musk was replying to Mykhailo Fedorov, […]
Tesla CEO Elon Musk has provided an update on the status of Full Self-Driving (FSD) beta and its release in Canada. Musk has long promised FSD beta would be coming to Canada soon, with a recent update last week saying Tesla was still on track to expand it this month. On Friday morning, Musk revealed […]
The U.S. Securities and Exchange Commission (SEC) has launched a probe into recent stock sales made by Tesla CEO Elon Musk and his brother Kimbal Musk, who is a member of Tesla’s board of directors, to determine whether the pair violated insider trading rules — reports The Wall Street Journal. The investigation reportedly started last year […]
