Elon Musk

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Tesla Says All Sales Will Be Shifted Online

Musk says savings will allow for a $35K Model 3

(Newser) - Tesla says it is launching the long-promised $35,000 version of its Model 3—and shifting all of its sales online to help lower costs. "It is excruciatingly difficult to make this car for $35,000 and still be financially sustainable," CEO Elon Musk told reporters Thursday, adding...

Elon Musk in Hot Water Yet Again Over a Tweet

SEC wants Tesla CEO held in contempt

(Newser) - Tesla CEO Elon Musk's tweeting habits have triggered another legal challenge from stock market regulators worried about him using his Twitter account to mislead investors, the AP reports. The latest dust-up emerged late Monday when the Securities and Exchange Commission asked a federal court in New York to hold...

Musk Has Unusual Reason for New Round of Layoffs

He says Tesla's vehicles are 'too expensive'

(Newser) - Last year was "the most successful year in Tesla's history," with sales almost as high as all previous years combined—but around 3,000 workers are going to have to lose their jobs because the company's cars are too expensive, Elon Musk wrote in a letter...

SpaceX Just Got 'Leaner' Ahead of 2 Costly Projects

Company slashes 10% of workforce as it develops spacecraft and a space-based internet

(Newser) - "Extraordinarily difficult challenges" are coming up for SpaceX—which is why it just gave the ax to a good portion of its workforce. Per Reuters and the Los Angeles Times , a spokesman for the Elon Musk-headed company announced Friday that, even though its finances are in good shape, it...

Elon Musk Just Pressed a Button to Set Off a Tesla First

Company's first car-manufacturing factory outside of US breaks ground in China

(Newser) - With the press of a button, Elon Musk set in motion Monday a big first for Tesla. Per Bloomberg and the Wall Street Journal , the company's first car-manufacturing plant outside the US broke ground a couple of hours from Shanghai, a four-year effort that comes during a turbulent time...

Musk: 'Pedo' Was an Insult, Not a Statement of Fact

Tesla billionaire moves to have defamation suit dismissed

(Newser) - When Elon Musk called the British diver aiding in the rescue of a Thai soccer team stuck in a flooded cave “pedo guy,” it was an “imaginative attack”—not a statement of fact. And because of that, the Tesla founder’s attorneys argue, a defamation lawsuit...

Ex-First Lady Passes Torch to Another as 'Most Admired Woman'

Michelle Obama takes crown from Hillary Clinton, winner since 2002; Barack Obama is men's victor

(Newser) - Hillary Clinton has been named the most admired woman in Gallup's annual survey more than any other since Gallup started asking in 1946: 22 times, to be exact, including for each year since 2002. This year, however, another former first lady has finally knocked Clinton off the hill. Michelle...

&#39;Fart on Demand&#39; Is Now a Feature in Tesla Vehicles
'Fart on Demand'
Is Now a Feature
in Tesla Vehicles
in case you missed it

'Fart on Demand' Is Now a Feature in Tesla Vehicles

Impress your friends with a 'Short Shorts Ripper' every time you put on your turn signal

(Newser) - As if we needed any more proof that Elon Musk is as guylike as guys can get , Tesla has unveiled a new Easter egg—a surprise bonus feature—that's sure to please everyone's inner Cletus Klump . TechCrunch reports on the company's new "Emissions Testing Mode,"...

Musk Unveils Prototype Tunnel
Musk: First
Tunnel Ride
Was 'Epic'

Musk: First Tunnel Ride Was 'Epic'

He unveils prototype transportation tunnel

(Newser) - Elon Musk unveiled his underground transportation tunnel on Tuesday, allowing reporters and invited guests to take some of the first rides in the revolutionary albeit bumpy subterranean tube—the tech entrepreneur's answer to what he calls "soul-destroying traffic." Guests boarded Musk's Tesla Model S and rode...

What It&#39;s Like to Work for Elon Musk
When Working
for Musk,
Beware 'Elon's
Rage Firings'
in case you missed it

When Working for Musk, Beware 'Elon's Rage Firings'

'Wired' recounts volatile outbursts of the Tesla boss

(Newser) - Those fascinated or even mildly interested in the doings of Elon Musk will want to make time for a long and often unflattering profile in Wired by Charles Duhigg. The story paints a picture of a brilliant CEO for whom it can be absolute misery to work. One Tesla manager,...

Musk: Tesla Might Buy Plants GM Is Closing

He says new chairwoman won't be able to control him

(Newser) - Tesla CEO Elon Musk has dismissed the idea that the company's new chairwoman can exert control over his behavior. Robyn Denholm, an Australian telecommunications executive, was appointed chairwoman of Tesla's board last month, replacing Musk as part of a securities fraud settlement with US government regulators. But Musk...

Elon Musk: 70% Odds I'm Going to Mars

Says Red Planet is dangerous, not an escape hatch for the rich

(Newser) - Elon Musk thinks the odds are pretty good that he'll get to to climb aboard a SpaceX rocket and take it to Mars in his lifetime—about 70% in his favor, he tells Axios . "I'm talking about moving there," he says, though he doesn't exactly...

Musk Puffed on a Joint. Now, Consequences

NASA to conduct safety review of SpaceX, Boeing: 'WaPo'

(Newser) - NASA will embark next year on a months-long investigation into SpaceX and Boeing to "ensure the companies are meeting NASA's requirements for workplace safety, including the adherence to a drug-free environment." Those final words are key. Though a safety review of companies enlisted to carry NASA astronauts...

Elon Musk's 'Teslaquila' Plan Runs Into Opposition

Mexico's Tequila Regulatory Council is not on board

(Newser) - Elon Musk could be in for another fight , this one over tequila. The Tesla co-founder recently announced his intentions to get into the booze business by launching "Teslaquila," a distilled agave liquor. But Mexico's Tequila Regulatory Council (CRT) is opposing Tesla's application to trademark "Teslaquila,...

Tesla Announces Elon Musk Replacement

Robyn Denholm will be new board chair

(Newser) - Tesla says its new board chair replacing Elon Musk will be a technology and automotive industry veteran, Robyn Denholm of Australia's Telstra. The appointment to the full-time position takes effect immediately though Denholm will leave Telstra, Australia's biggest telecoms company, after a six-month notice period, Tesla said Thursday....

Here's a Taste of Musk's 'Disturbingly Long' Underground Tunnel

Hyperloop tunnel set to open to public Dec. 10

(Newser) - Elon Musk's two-mile tunnel underneath Los Angeles is set to open to the public Dec. 10 , and on Saturday, Musk offered a preview of what it will be like to travel the tunnel, tweeting a sped-up 34-second-long video. "Walked full length of Boring Co tunnel under LA tonight....

Elon Musk: I'm Now the 'Nothing of Tesla'

He claims to have 'deleted' corporate titles

(Newser) - Issuing strange tweets about corporate goings-on at Tesla is apparently a hard habit for Elon Musk to break. In a tweet Monday, Musk claimed that he "deleted all his titles" at the automaker last week to "see what would happen," MarketWatch reports. "I'm now the...

Elon Musk: $20M Tweet Was 'Worth It'

Tesla CEO also says he's taking a break from Twitter for a while

(Newser) - Elon Musk apparently has no regrets about a tweet that set him and Tesla back each $20 million . In a tweet late Friday—just before tweeting that he would be taking a break from Twitter—Musk responded to a question about his ill-fated tweet claiming he would take the company...

Tesla Shares Big News, Elon Musk Gets Choked Up

Company posts first profit in 2 years

(Newser) - Tesla Motors delivered on CEO Elon Musk's promise to make money during its latest quarter after fulfilling his pledge to boost production of its first electric car designed for the mass market. The company earned $311.5 million during the three months ending in September, swinging from a loss...

Elon Musk: Our First Tunnel Ready in December

His Boring Company plans to open a demonstration tunnel in suburban LA

(Newser) - Elon Musk thinks he can transform public transportation with speedy underground hyperloops , and he says the public will get its first real look at what he means in December. In a tweet , Musk said the first tunnel built by his Boring Company will open Dec. 10. This particular tunnel, however,...

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