Elon Musk

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Elon Musk Weighs In as Dilbert Fallout Continues

Twitter CEO says it's the media that is racist; meanwhile, distributor ditches Scott Adams

(Newser) - Dilbert creator Scott Adams has picked up a high-profile defender after his comments about race in America : none other than Elon Musk. In replying to tweets about the flap, Musk wrote that it was the media, not Adams, who was being racist, reports Reuters . "For a *very* long time,...

Musk Partially Reverses Exit From California

Tesla's engineering headquarters will be in Palo Alto, not Texas

(Newser) - After moving his residence to Texas and threatening to pull all of Tesla out of California, Elon Musk has had a change of heart. With California Gov. Gavin Newsom at his side, Musk announced Wednesday that the automaker's global engineering headquarters will be in Palo Alto. The headquarters will...

Tesla Reluctantly Recalls 363K 'Full Self-Driving' Cars

Musk argues government agency's assessment on Twitter

(Newser) - US safety regulators have pressured Tesla into recalling nearly 363,000 vehicles with its "Full Self-Driving" system because it misbehaves around intersections and doesn't always follow speed limits. The recall, part of a larger investigation by the National Highway Traffic Safety Administration into Tesla's automated driving systems,...

Musk Artificially Boosts His Own Tweets—to Uproar

Twitter CEO seems to acknowledge users are now force-fed his content

(Newser) - Elon Musk's tweets are now stationed at the top of many Twitter users' feeds—and that's no accident, according to Platformer , which reports the Twitter CEO threatened to fire his team of engineers unless they built a system that would better promote his tweets to all users. "...

Musk Is Worried About Himself. So Is His Mom
Musk Is Worried
About Himself.
So Is His Mom
IN CASE YOU MISSED IT
Feb 11, 2023 6:00 AM CST

Musk Is Worried About Himself. So Is His Mom

'Severe back pain,' lack of sleep appear to be taking a toll

(Newser) - Elon Musk scored a court victory last week over some business tweets, but the trial brought to light a different concern—that he's a 51-year-old guy working insane hours while running Twitter, SpaceX, and Tesla. The Wall Street Journal digs in, noting that at one point during the San...

SpaceX Blocks Ukraine's Military Use of Starlink

Company says technology was intended for communication, not offensive applications

(Newser) - SpaceX leaders have conceded that they've been blocking Ukrainian forces from employing Starlink technology for military uses. "It was never intended to be weaponized," SpaceX President Gwynne Shotwell said at a conference Thursday, CNN reports. Frustrated Ukrainian officials answered along the lines of "but that's...

Musk Celebrates Verdict: 'Wisdom of the People Has Prevailed!'

Jurors decide Musk didn't defraud Tesla investors with 2018 posts about EV automaker

(Newser) - A jury on Friday decided Elon Musk didn't defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unraveled and raised questions about whether the billionaire had misled investors. The nine-member jury reached its verdict after less than two hours of deliberation following...

Rules Change for EV Tax Credits
Rules Change for EV Tax Credits
Feb 3, 2023 3:45 PM CST

Rules Change for EV Tax Credits

Automakers lobbied for higher-priced models to be included

(Newser) - The Treasury Department said Friday it is making more electric vehicles—including SUVs made by Tesla, Ford, and General Motors—eligible for tax credits of up to $7,500 under new vehicle classification definitions. The revised standards for EV tax credits follow lobbying by automakers that had pressed the Biden...

Twitter Sued for Not Paying Rent on Its Headquarters

Company's London landlords are also suing

(Newser) - More landlords are taking Twitter to court over unpaid rent, this time at the social media company’s headquarters in San Francisco and its British offices—the latest sign that owner Elon Musk's extreme cost-cutting strategy includes simply not paying the bills. Twitter is facing a lawsuit over allegations...

Musk Testifies in Tesla Tweet Trial
Musk Defends His
'420' Tesla Tweets
Jan 23, 2023 6:25 PM CST

Musk Defends His '420' Tesla Tweets

He says he 'felt funding was secured' due to his ownership of SpaceX stock

(Newser) - Elon Musk returned to federal court Monday in San Francisco, testifying that he believed he had locked up financial backing to take Tesla private during 2018 meetings with representatives from Saudi Arabia’s Public Investment Fund—although no specific funding amount or price was discussed. The billionaire Tesla CEO and...

At Twitter's Fire Sale, Bird Statue Sells for Wild Price

Auction has now closed

(Newser) - The most expensive item sold at an auction of Twitter paraphernalia ? A statue of the company's bird logo, which went for around $100,000. The BBC , which has a photo of that and other items, was tracking prices as the auction neared its conclusion; final prices have not...

Arguments Begin in Musk&#39;s Tesla Tweet Trial
Musk's Tesla Tweet
Trial Begins
Jan 18, 2023 5:40 PM CST

Musk's Tesla Tweet Trial Begins

'His lies caused regular people ... to lose millions and millions of dollars,' lawyer says

(Newser) - Elon Musk was depicted Wednesday as either a liar who callously jeopardized the savings of "regular people" or a well-intentioned visionary as attorneys delivered opening statements at a trial focused on a Tesla buyout that never happened. Lawyers on opposing sides drew the starkly different portraits of Musk for...

As Advertisers Flee Twitter, 'Unpalatable Options' for Musk

Reports: 500 big advertisers have ditched since October, revenue is down 40% year over year

(Newser) - In his own words, Elon Musk has been "cutting costs like crazy" since his takeover last year of Twitter, in an effort to fend off an expected negative cash flow for the company of about $3 billion in 2023. Now, multiple outlets are adding details on how dire the...

Engineer Says Tesla Self-Driving Video Was Staged

'The intent of the video was not to accurately portray what was available for customers in 2016'

(Newser) - A 2016 video promoting Tesla's self-driving technology wasn't what it appeared to be, a Tesla engineer testified. In previously unreported testimony, Ashok Elluswamy, director of Autopilot software, said the video was staged and the Tesla Model X involved wasn't really driving itself, reports Reuters . "The intent...

Report: Twitter Abruptly Closes Asia Headquarters

Sources say Singapore office was closed for non-payment of rent

(Newser) - Employees at Twitter's Asia headquarters found out on very short notice Wednesday that they would be working from home, insiders say. Sources tell Bloomberg that workers at the Singapore headquarters were told via email that they had to clean out their desks and be out of the building by...

Landlord: Twitter Owes $136K in Rent
Latest Suit Against
Twitter Seeks $400K
UPDATED
Jan 11, 2023 9:55 AM CST

Latest Suit Against Twitter Seeks $400K

Canary Marketing said its invoices haven't been paid since the takeover

(Newser) - Add this to the tally of recent Twitter woes: another lawsuit over alleged nonpayment of services. This one was filed Friday by marketing firm Canary Marketing, which SF Gate reports "designs merchandise for major brands, including LaCroix, Gatorade, Slack, and KFC." It has counted Twitter among those clients...

Musk: No Way I Can Get Fair Trial in San Francisco

Lawyers want Tesla trial moved to Texas, citing negative news coverage about Twitter

(Newser) - Elon Musk has urged a federal judge to shift a trial in a Tesla shareholder lawsuit out of San Francisco because he says negative local media coverage has biased potential jurors against him. Instead, in a filing submitted late Friday—less than two weeks before the trial was set to...

Elon Musk Has Now Lost the Most Money in History

Bloomberg reports he has become the first person to lose $200B

(Newser) - A little over a year ago, Elon Musk was sitting on the astronomical sum of about $340 billion in net worth, making him the richest human on the planet by a wide margin. Today, Bloomberg reports that Musk has became the first person in history to lose $200 billion. The...

Report: Things Are Getting Messy at Twitter HQ

Quite literally

(Newser) - Elon Musk has been "cutting costs like crazy," as he put it, at Twitter in a bid to reverse what he says is a projected negative cash flow of roughly $3 billion next year. The New York Times speaks with largely unnamed sources who detail the shape those...

As Tesla Stock Tanks, Musk Has a Message for Staff

CEO assures employees that, one day, 'Tesla will be the most valuable company on Earth!'

(Newser) - Short sellers are celebrating Tesla's plummeting stock prices , but investors aren't happy, and they're now begging CEO Elon Musk—who's sold off billions of dollars worth of his shares to help fund his newest company, Twitter—to stop dumping his stock. Tesla employees are also likely...

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