Meme-based cryptocurrency Dogecoin (DOGE) gained 25% in minutes on Feb. 4 after a fresh endorsement from the world’s richest man. DOGE/USD 1-minute candle chart (Bittrex). Source: TradingView DOGE in new “Elon pump” Data from Cointelegraph Markets and TradingView showed DOGE/USD rebound past $0.05 per token on Thursday, edging towardsRead More →
FRANKFURT (Reuters) – Tesla (O:) Chief Executive Elon Musk sought to allay environmental concerns about the electric carmaker’s planned factory in Germany, saying the plant would use less water than was estimated originally. The U.S. company had said in planning documents that the factory would need 372 cubic meters ofRead More →
(Reuters) – Elon Musk, founder of tunneling enterprise Boring Company, said in a tweet that a commercial tunnel in Las Vegas would “hopefully” be fully operational in 2020. “Boring Co is completing its first commercial tunnel in Vegas, going from Convention Center to Strip, then will work on other projects,”Read More →
© Reuters. Defendant Attorney Alex Spiro gets into a car after a U.S. District Court jury found Tesla Inc chief executive Elon Musk not liable for defamation damages, in Los Angeles By Nichola Groom and Rachel Parsons LOS ANGELES (Reuters) – Tesla Inc (O:) boss Elon Musk gained a stunningRead More →
LOS ANGELES (Reuters) – A U.S. District Court jury in Los Angeles on Friday found in favor of Tesla Inc (O:) boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a “pedo guy” on Twitter. The verdict was delivered onRead More →
© Reuters. FILE PHOTO: Automobile awards The golden steering wheel in Berlin By Rachel Parsons LOS ANGELES (Reuters) – Elon Musk is known for his eccentric, sometimes controversial use of Twitter. Now, Tesla Inc’s (O:) chief executive may have to pay for using Twitter to brand someone a pedophile. MuskRead More →
Just last week, everything seemed so jovial. Ford Motor F, -0.44% unveiled its Mustang Mach-E, the company’s first battery-powered SUV, and Tesla’s TSLA, -1.53% Elon Musk, who potentially has the most to lose in an increasingly crowded electric-car market, tweeted out a “Congratulations!” He was “excited to see this announcement.”Read More →
FRANKFURT (Reuters) – Siemens (DE:) Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after his deputy praised Tesla CEO Elon Musk. “Amusing opinions in our country: When a German chief executive proactivelyRead More →
BOSTON — A brand-new Tesla may be coming soon to your neighborhood. But it could be on top of your neighbors’ home, not parked in their driveway. Tesla Inc. TSLA, +9.49% Chief Executive Elon Musk on Friday unveiled the electric-car company’s new solar-paneled roofs and said he expects to beRead More →
Tesla Inc. and Chief Executive Elon Musk improperly sought to squelch a union organizing effort at the electric-car company’s Fremont, Calif., factory with rules and Musk’s Twitter account, according to a judge’s ruling released Friday that also demands that Musk read aloud the findings to employees at the factory. ComplaintsRead More →
Elon Musk’s boasts about the safety of Tesla’s vehicles earned him a slap on the wrist from U.S. regulators last year, newly released documents show. The National Highway Traffic Safety Administration sent the Tesla TSLA, +2.09% chief executive a cease-and-desist letter last October asking him to stop saying TeslasRead More →
Tesla Inc. Chief Executive Elon Musk took the stage at the company’s shareholder meeting Tuesday seeking to dispel concerns about demand and production that have plagued the Silicon Valley car maker for months. Judging by Tesla’s TSLA, +1.98% stock action in the extended session, Musk succeeded. The shares rose moreRead More →
Tesla Inc. will likely build its Model Y crossover SUV at its current production facility in Fremont, Calif., Chief Executive Elon Musk said during a podcast interview released Sunday. Appearing on the “Ride the Lightning” podcast hosted by Ryan McCaffrey, Musk said that Fremont is the “default plan” because itRead More →
Tesla Inc. Chief Executive Elon Musk is at odds with most in Silicon Valley and the automotive industry over a sensor technology that experts generally believe is a necessity for achieving full autonomous driving. Musk unveiled a new computer and custom chips for the company’s self-driving system at a TeslaRead More →
Jeff Bezos, Amazon AMZN, -2.85% boss and world’s richest man, talked to a Washington, D.C., crowd earlier this month about his futuristic vision of huge space colonies that would provide sustainable homes for a trillion people. “These are very large structures, miles on end, and they hold a million peopleRead More →
Tesla Inc. stock on Thursday rose for the first time in six sessions, boosted by a leaked email from Chief Executive Elon Musk promising record-breaking sales for the company. Tesla TSLA, +2.29% shares were up 2%, hovering around the psychologically important $200 mark. Earlier Thursday, Electrek, an online publication mostlyRead More →
Former hedge-fund manager Whitney Tilson isn’t shy about his bearish outlook on Tesla TSLA, -5.22% . In fact, it feels like a bit of an obsession. Tilson calls his decision to cover his short in 2014 “one of the biggest mistakes long or short of my investment career,” and, earlierRead More →
Tesla Inc. Chief Executive Elon Musk and the Securities and Exchange Commission announced a settlement stemming from their latest Twitter beef Friday afternoon. According to a court filing, the two sides agreed to amend the original settlement to be more specific about exactly what types of statements Musk must haveRead More →
‘P.T. Musk’ That’s the nickname CNBC’s “Mad Money” host Jim Cramer, who some might describe as a bit of a carnival barker in his own right, recently bestowed upon Tesla TSLA, +0.22% chief executive Elon Musk. “I just keep finding it’s a three-ring circus with the guy. It’s kind ofRead More →
Tesla Inc.’s autonomous-driving showcase was riddled with so many pie-in-the-sky statements and inaccuracies that Chief Executive Elon Musk looks more like a huckster car salesman than the “genius” that his fans declare him to be. To quickly recap: On Monday, Musk said at an event in Palo Alto, Calif., thatRead More →
On the very day that Tesla Inc. Chief Executive Elon Musk faced a federal judge to argue that his tweets have not violated an agreement with U.S. regulators, the company’s recent data offered further proof that his words must be taken with a grain of salt. Wednesday evening, after theRead More →
© Reuters. Tesla CEO Elon Musk leaves Manhattan federal court By Brendan Pierson and Jonathan Stempel NEW YORK (Reuters) – Elon Musk’s job as Tesla (NASDAQ:) Inc’s chief executive appeared safe on Thursday as a federal judge in Manhattan urged the billionaire to settle contempt allegations by the U.S. SecuritiesRead More →
Tesla Inc. unveiled the highly anticipated Model Y crossover SUV on Thursday night, which Chief Executive Elon Musk predicted would sell better than the Model S, Model X and Model 3 combined. Speaking to a crowd of fans at Tesla’s design center in Hawthorne, Calif., Musk touted the Model Y’sRead More →
© Reuters. FILE PHOTO: Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai By Alexandria Sage SAN FRANCISCO – Tesla Inc (O:) Chief Executive Elon Musk shot back against U.S. securities regulators on Monday, arguing in a filing that his recent tweet about the electric vehicleRead More →
Nearly three years after Elon Musk promised a $35,000 Model 3 electric car, Tesla Inc. has finally delivered. Now, the question is about the promise of profitability Musk has been making for the past few months. Musk walked back his goal of being thinly profitable in the first quarter andRead More →
