Tesla

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After Arrest, Driverless Tesla Guy Does It Again

California's Param Sharma defiant despite recent fatal crash in Texas

(Newser) - A man has been arrested after repeatedly riding in the backseat of a Tesla in Autopilot mode, with no one in the driver's seat—something he says he'll continue to do regardless. California Highway Patrol said it was aware of "an incident involving a man riding in...

Elon Musk Adding Something Unexpected to Resume

Billionaire will host SNL

(Newser) - Elon Musk is again doing something unlikely for one of the world's richest people : hosting Saturday Night Live. As the AP notes, it's not a typical choice for the sketch comedy show, either. But the timing may be just right for the self-anointed "Technoking" of Tesla, whose...

After Crash, Team Tricks Tesla's Autopilot

Consumer Reports engineers make car go without anyone in the driver's seat

(Newser) - After two people were killed over the weekend when a Tesla hit a tree in Texas, local officials said the car apparently was on autopilot when it crashed , without anyone in the driver's seat. When CEO Elon Musk tweeted that it looked like autopilot wasn't engaged and couldn'...

Labor Board Says Musk Tweet Must Be Deleted

Tesla CEO threatened workers with loss of benefits if they supported union

(Newser) - Tesla CEO Elon Musk has tweeted his way into trouble with another federal agency, this time the National Labor Relations Board. The board on Thursday found that a May 20, 2018, Musk tweet unlawfully threatened employees with loss of stock options if they chose to be represented by the United...

Elon Musk Gets Funky New Title
Elon Musk
Gets Funky
New Title 
Mar 15, 2021 12:00 PM CDT

Elon Musk Gets Funky New Title

He is now 'technoking' of Tesla, and chief financial officer is 'master of coin'

(Newser) - In the grand scheme, nothing has changed: Elon Musk is still the chief executive officer of Tesla, and Zach Kirkhorn is still the company's chief financial officer. But both men now have official new titles, notes CNBC , and both are doozies. Here is how things are stated in a...

Hush-Hush Tesla Project Plugs Texas Into 'Mega-Battery'

Elon Musk's company reportedly has secret power supply set up after electric grid failed last month

(Newser) - Elon Musk has inserted himself into electric cars , space travel , artificial intelligence , and cryptocurrency , so why not take a dive into the US utilities arena? That's apparently what's happening in Texas, where Musk's Tesla is said to have secretly set up a "mega-battery" outside Houston after...

Monday Wasn't a Great Day for Elon Musk

Tesla CEO loses $15B as company shares, and Bitcoin, slide

(Newser) - Holding on to the title of world's richest person is tricky business. Elon Musk, who took the crown earlier this year, has given it back to Jeff Bezos, reports Bloomberg . Musk lost $15 billion on Monday alone as Tesla's stock slid nearly 9%. That knocked Musk's net...

Tesla Drops 8.5% on Bad Day for Big Tech
Big Tech Just Had
a Bad Day on Wall St.
MARKETS
Feb 22, 2021 3:50 PM CST

Big Tech Just Had a Bad Day on Wall St.

American Airlines was among the big winners

(Newser) - Stocks closed mostly lower on Wall Street Monday, dragged down by losses in several Big Tech companies. The pullback helped drag down the Nasdaq and the S&P 500, while the Dow, which isn't as heavily weighted with tech stocks, rose, the AP reports. The S&P 500 fell...

Bitcoin Price Tops $50K for the First Time

More companies are getting behind digital currency

(Newser) - The seemingly unstoppable rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time. The price of Bitcoin has risen almost 200% in the past three months, and its volatility was on display Tuesday. After rising above...

Jaguar Is Going All-Electric by 2025

British firm says it will 'reimagine the benchmark of luxury'

(Newser) - Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Monday as it outlined a plan to phase out internal combustion engines. Jaguar Land Rover, which is owned by Indian conglomerate Tata Motors, hopes the move will help turn around the fortunes of the 86-year-old...

Elon Musk Move Sends Bitcoin Soaring

Tesla invests $1.5B in cryptocurrency, may accept it as payment

(Newser) - The world's richest person in terms of dollars just made a big splash in the world of cryptocurrency, too. Elon Musk's Tesla has invested $1.5 billion in bitcoin and says it plans to begin accepting it as a form of payment, reports MarketWatch . The move gave an...

Tesla's Profit Doesn't Come From Where You Think

Automaker is currently in the black thanks to selling regulatory credits, not cars

(Newser) - Tesla posted its first-ever annual profit in 2020, but business writers are adding an asterisk. Timothy Green at the Motley Fool points out that Elon Musk's company is in the black thanks more to sales of regulatory credits than electric vehicles. Eleven states demand that automakers sell zero-emissions vehicles...

Tesla Just Turned Its Cars Into Giant Boomboxes

Software update produces such car horn sounds as applause, bleating goats, and, yes, farting

(Newser) - Ever wanted to express your displeasure at fellow drivers by farting at them? If you're the owner of a Tesla, your dream may have just come true. Announced by company CEO Elon Musk on Christmas Day, the newest software update from the electric car manufacturer features "Boombox" mode,...

You Just Can't Leave a 1710 Violin in Your Car

Art dealer was in the process of taking the instrument to a safer spot

(Newser) - Rowland Weinstein wanted to put his 1710 violin someplace safer. In the process of moving it, the Los Angeles Times reports, he left the rare Amati in his white Tesla for a moment while he was in his Los Angeles home. When he came outside, they were both gone. The...

Elon Musk: Apple Could Have Bought Tesla

But Tim Cook wouldn't meet with him, Musk says

(Newser) - Apple is reportedly working on its own electric car, but it apparently could have owned Tesla. Elon Musk on Tuesday revealed that, "during the darkest days of the Model 3 program," he tried to sell his company to Apple. "I reached out to Tim Cook to discuss...

Musk Decries 'MBA-ization' of Corporate America

SpaceX and Tesla CEO says today's leaders are too focused on numbers, not innovation

(Newser) - Academia is often accused of being plagued by professors in ivory towers. In corporate America, according to Elon Musk, the problem may be too many MBAs. That was his take at the Wall Street Journal CEO Council summit on Tuesday, where he railed against business school grads running things in...

Calif. Didn't Worry Elon Would Leave, Probably Should Have

Tesla founder says he has moved to Texas

(Newser) - The second-richest person in the world has left California for a state that will let him keep a little more of that wealth. Elon Musk on Tuesday revealed that he has moved to Texas, a state that levies no income tax and doesn't tax capital gains for individuals. Compare...

Elon Musk's Newest Foe: Sleeping Snakes

Construction on hold at site of German gigafactory

(Newser) - Tesla is hoping to have its first European factory up and running by July. But that plan was in doubt Tuesday after a German court ordered the company to stop clearing a forest on the proposed site in Gruenheide, south of Berlin. The reason: sleeping snakes. As Reuters and the...

Elon Musk to Become Earth&#39;s 3rd Richest Person
It's a Very
Good Day for
Elon Musk
Nov 17, 2020 7:37 AM CST

It's a Very Good Day for Elon Musk

Tesla CEO is about to become 3rd-richest person on the planet as his company joins S&P 500

(Newser) - Tesla and SpaceX CEO Elon Musk is set to overtake Facebook CEO Mark Zuckerberg as the world's third-richest person on Tuesday. Tesla's stock closed just above $408 on Monday but jumped 14% in after-hours trading following news that the company will join the S&P 500 index on...

Tesla Just Got Into the Booze Business

'Tesla Tequila' is already sold out, even at $250 a bottle

(Newser) - On April Fools' Day in 2018, Tesla CEO Elon Musk posted a jokey tweet showing him "passed out" next to a Tesla Model 3, apparently inebriated from drinking too much "Teslaquilla." It was apparently no joke—or if it was at the time, Musk soon got serious...

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