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elon musk tesla

Sorry, Twitter! Elon Musk Found His Next Shiny Object

For all his childish behavior on Twitter, Elon Musk would still like us to believe in his noble ambitions to make the world a better place. His space exploration company will make humans an interplanetary species, electric car maker Tesla Inc. will move us toward sustainable energy and his newly acquired Twitter will become a haven of free speech and healthy debate. Actually that last goal isn't going so well. Twitter stands little hope of becoming a financial or cultural success under Musk as he continues to drain

Tesla Owners Stay Loyal Through Elon Musk’s Many Controversies

Elon Musk may have turned off some consumers last year, but Tesla Inc. was no worse for wear in an annual analysis of car brands' US customer retention.S&P Global Mobility recognized the maker of the Model 3 sedan and Model Y sport utility vehicle on Monday both for overall brand loyalty and most improved loyalty in 2022. Tesla also was a repeat winner of awards for the top conquest percentage and highest loyalty among owners of vehicles with hybrid or electric powertrains. The market researcher doles out the awards

Group: Tesla workers fired after union push at NY plant

Several employees at a Tesla factory in New York have been fired a day after launching union organizing efforts, according to Tesla Workers United.The workers at the Buffalo plant received an email Wednesday evening updating them on a new policy that prohibits them from recording workplace meetings without all participants' permission, the group said in a release Thursday. It said that such restrictions violate federal labor law and flouts New York's one-party consent law to record conversations. “We're angry. This

Elon Musk Nears World’s Richest Title Again

Elon Musk is closing in on recapturing his title as the world's richest person since falling behind Bernard Arnault in December, thanks to Tesla Inc.'s 70% rise this year. It may take a bit longer for Musk to overtake the French luxury-goods titan, though, after disclosing this week he gave 11.6 million Tesla shares to unnamed charitable causes between August and December. The stock was worth about $1.9 billion, based on closing prices on the days Musk donated the securities. The disclosure comes as Musk, 51, has

Tesla Workers Launch Union Campaign in New York

Tesla Inc. workers in New York state are launching a unionization campaign, teeing up a potential first for the electric-vehicle maker and the latest labor challenge for Chief Executive Officer Elon Musk. The employees, who label data for Tesla's Autopilot technology at the company's plant in Buffalo, New York, sent an email to Musk early Tuesday with their intent to unionize. Employees say they're seeking better pay and job security alongside a reduction in production pressures that they say have been

Musk Tells Tweet Fraud Jury He Has No Trouble Raising Money

Elon Musk told a jury he was confident he could have pulled off his proposal 4 1/2 years ago to take Tesla Inc. private, saying he never has trouble raising money for his companies. Elon Musk told a jury he was confident he could have pulled off his proposal 4 1/2 years ago to take Tesla Inc. private, saying he never has trouble raising money for his companies. The chief executive officer, in his third day on the witness stand, was defending the legitimacy of his assertion in an August 2018 tweet that he had

Tesla video promoting self-driving was staged, engineer testifies

The video, which remains archived on Tesla’s website, was released in October 2016 and promoted on Twitter by Chief Executive Elon Musk. A 2016 video that Tesla used to promote its self-driving technology was staged to show capabilities like stopping at a red light and accelerating at a green light that the system did not have, according to testimony by a senior engineer. The video, which remains archived on Tesla's website, was released in October 2016 and promoted on Twitter by Chief Executive Elon Musk as

Musk faces US fraud trial over Tesla tweet

Elon Musk will face trial on Tuesday over allegedly manipulating the stock market with a tweet after a federal judge rejected his request to move the case out of California. Elon Musk, the CEO of electric car giant Tesla, will face trial on Tuesday over allegedly manipulating the stock market with a tweet after a federal judge rejected his request to move the case out of California. The case dates back to August 2018 when Musk tweeted that he had sufficient funding to take Tesla private, causing a

Feds reviewing Musk tweet about disabling driver monitoring

A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators. A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators. The National Highway Traffic Safety

Tesla’s Brutal Year Brings $17 Billion Windfall for Shorts

After years of stinging losses, investors betting against Tesla Inc. are finally reaping the windfall they’ve been expecting. After years of stinging losses, investors betting against Tesla Inc. are finally reaping the windfall they've been expecting. With Chief Executive Officer Elon Musk — and some of his top lieutenants — distracted by his Twitter foray and demand for Tesla's electric vehicles cooling, the stock is careening toward its worst annual slump on record. This is handing short sellers, or bearish