Elon Musk

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Elon Musk May Be Getting Into the Booze Business

Tesla filed a trademark for "Teslaquila"

(Newser) - Drinking and driving don't mix, but what about Tesla and tequila? On Monday the electric car maker filed a trademark for the name "Teslaquila" for "distilled agave liquor" and "distilled blue agave liquor," CNBC reports, the company's first federal trademark application this year. The...

Flint Thanks Elon Musk for a Promise Kept

Donation will pay for water filtration systems at schools

(Newser) - Clean drinking water—it's an underappreciated luxury coming at long last to students in Flint, Mich., thanks to Elon Musk. Following his July vow to assist in the Flint water crisis, the Tesla and SpaceX CEO and the Musk Foundation donated $480,350 to the Flint City School District,...

Defiant Elon Musk Mocks SEC on Twitter

He calls them the 'Shortseller Enrichment Commission'

(Newser) - Elon Musk is a man of many talents, but knowing when to stop tweeting apparently isn't one of them. The Tesla CEO, who has agreed to pay $20 million and step down as chairman to settle a lawsuit brought by the Securities and Exchange Commission over a "false...

Hundreds of Parked Teslas Raise Many Questions

The 'New York Times' delves into monthslong mystery

(Newser) - It's a mystery that's been brewing since July: Various locations around the country—including lots, garages, and industrial sites—each have anywhere from dozens to hundreds of Tesla cars parked there. Photos and videos of the numerous parked cars started popping up online back in July, and a...

Elon Musk Resigns as Tesla Chair, Will Pay $20M

The CEO settles with the Securities and Exchange Commission

(Newser) - In a settlement with the SEC, Tesla CEO Elon Musk has agreed to resign as chairman within 45 days and pay a $20 million fine—but will remain chief executive, the Washington Post reports. The SEC was suing Tesla's founder over an August tweet that said he was "...

Musk&#39;s New Fight Poses Huge Risk to Tesla&mdash;and Himself
Musk's New Fight Poses Huge
Risk to Tesla—and Himself
the rundown
Sep 28, 2018 11:11 AM CDT

Musk's New Fight Poses Huge Risk to Tesla—and Himself

SEC complaint is 'road map to criminal charges,' says one biz journalist

(Newser) - The SEC's decision to sue Elon Musk and seek his ouster as chairman of Tesla came after Musk pulled out of settlement talks at the last minute, reports CNBC . Under the deal, Musk would have paid a fine but admitted no wrongdoing in regard to his infamous tweet in...

Controversial Tweet Gets Elon Musk Sued

The SEC says he made "false and misleading" statements with 'taking Tesla private' tweet

(Newser) - The SEC is suing Elon Musk over the Tesla CEO's August tweet in which he said: "Am considering taking Tesla private at $420. Funding secured." According to court documents filed Thursday, the SEC says that Musk had not even discussed "key deal terms, including price, with...

Tesla: Yes, We Gave Feds Documents They Wanted

As Bloomberg's sources say a DOJ criminal probe is underway

(Newser) - It's only Tuesday, and it's already been a roller coaster week of ups and downs for Elon Musk. The latest dip: Tesla confirmed Tuesday that it has complied with a voluntary request from the Justice Department to hand over documents related to Musk's August comments about possibly...

Elon Musk Names Tycoon Set to Fly Around the Moon

'I choose to go to the moon,' says Yusaka Maezawa

(Newser) - "I choose to go to the moon," Japanese fashion tycoon Yusaku Maezawa declared at an event at SpaceX's California headquarters Monday night. SpaceX founder Elon Musk revealed Maezawa as the company's first paying passenger on a voyage around the moon scheduled for 2023, reports Reuters . Maezawa,...

Cave Diver Sues Elon Musk for 'Pedo' Claim After Thai Rescue

Vern Unsworth previously signaled his intent to file suit

(Newser) - A British diver who criticized Elon Musk's attempted contribution to the sensational cave rescue of a Thai boy's soccer team has filed suit against the billionaire for calling him a pedophile. Vern Unsworth, who helped save a dozen boys and their coach in July, filed suit against Musk...

SpaceX: Surprise Announcement on 'Important Step' for Space Travel

Details are scarce, but passenger reportedly booked to fly around moon on Big Falcon Rocket

(Newser) - A big announcement has emerged out of SpaceX, involving what the Verge calls a "truly out-of-this-world vacation." In a tweet late Thursday, the company proclaimed a deal has been struck with a "private passenger" to fly around the moon in its Big Falcon Rocket, or BFR—an...

Elon Musk's 'Jarring' Move: Taking Puff of Joint on Video

Says his brain is like a 'never-ending explosion' in Joe Rogan podcast

(Newser) - Elon Musk has a word of caution for anyone who envies his lifestyle. "I don't think you'd necessarily want to be me," he told podcaster Joe Rogan in an interview that lasted more than two hours. "I don't think people would like it that...

Elon Musk: Thailand Diver Is a 'Child Rapist'

He doubles down on Vernon Unsworth accusations

(Newser) - Elon Musk has doubled down on his apparently baseless claims that Vernon Unsworth, the British cave diver who helped rescue a trapped youth soccer team in Thailand, is a pedophile. In an angry email to BuzzFeed reporter Ryan Mac, the Tesla CEO called the 63-year-old Unsworth a "child rapist"...

Elon Musk Might Get Sued Over 'Pedo Guy' Comment

Diver's lawyer says Vernon Unsworth is preparing lawsuit

(Newser) - Elon Musk recently suggested the cave diver he called "pedo guy" might actually be a pedophile , seeing as the diver hadn't sued Musk over his comment—but now a lawsuit may be coming. Vernon Unsworth, the British cave explorer who assisted with the rescue of the young soccer...

Elon Musk Suggests Man He Called 'Pedo' Really Is One

He questions why Vernon Unsworth hasn't sued him

(Newser) - Elon Musk's company is staying public , and so are his thoughts. The head of Tesla took to Twitter on Tuesday night to return to a subject that has caused him grief in the past: the British cave diver whom he called "pedo guy." Vernon Unsworth, who helped...

Musk: Sentiment Was 'Please Don't Do This,' So We Won't

The company will remain public, he announced Friday night

(Newser) - What started on Twitter has ended on the Tesla company blog . Elon Musk announced in a statement posted there late Friday night that the electric car maker would not in fact be going private. He writes, "I knew the process of going private would be challenging, but it’s...

Amid Musk's Struggles, a Win for His Enemies

Short sellers are doing well since the CEO's tweet 2 weeks ago

(Newser) - The SEC is investigating Elon Musk's now-famous tweet about taking Tesla private, and one reason is to see whether he set out to punish investors who were betting against his company, reports Vox . If so, he did not succeed. Though Tesla's share price rose from $350 to $387...

Arianna Huffington's Advice Impossible, Says Elon Musk

She encourages frazzled CEO to work saner hours

(Newser) - Arianna Huffington is calling on Elon Musk to adopt a healthier work-life balance, but the Tesla CEO says that's not an option, per the AP . In a tweet early Sunday after arriving home from a late night at a Tesla factory, Musk told the Huffington Post founder that his...

After Confessional Interview, Tesla Stock Slides

Down 8% after Elon Musk gets personal with 'Times'

(Newser) - Elon Musk got a lot off his chest in a tearful interview with the New York Times , but Tesla investors apparently weren't feeling very sympathetic on Friday. The stock fell 8% in the wake of the interview in which he detailed "the most difficult and painful year" of...

Musk Predicts 'Extreme Torture,' Possible Tesla 'Destruction'

Tesla CEO talks 120-hour workweeks and friends 'concerned' about his health with the 'NYT'

(Newser) - One of his companies has been accused of dangerous practices ; he tweeted himself into hot water by calling a cave rescuer a "pedo" ; and another recent tweet caught the SEC's attention . All of which have given Tesla/SpaceX CEO Elon Musk the "most difficult and painful year of...

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