Elon Musk Stories January 18

Tesla CEO Elon Musk dropped an email to employees last night at 1am PT, which was also released publicly and filed with the SEC, to announce important job cuts to control costs. It also served to temper profit expectations for TSLA stock holders.

[Update: TSLA stock down nearly 10% in early morning trading]

In it, he details the challenges ahead for Tesla as it tries to reduce the price of its Model 3 to the $35,000 price point and make its other products more competitive to fossil fuel equivalents.  expand full story

Elon Musk Stories December 18, 2018

Elon Musk updated his vision for the Boring Company today with the unveiling of its first test tunnel in Los Angeles.

They abandoned their “electric skate” plan and replaced it with autonomous electric vehicles, starting with Tesla vehicles, using ‘tracking wheels’. expand full story

Elon Musk Stories December 11, 2018

Elon Musk has taken issue with what he says was a ‘misleading edit’ of an interview he did about Tesla on 60 Minutes this weekend.

Here’s what he really said: expand full story

Elon Musk Stories December 10, 2018

Following his settlement with the SEC over his comments made on Twitter, Elon Musk had to step down from his role of Chairman of Tesla’s board.

Some have been questioning his influence over the board in his new role, but in a new interview, Musk was brutally honest about Tesla’s board and the SEC situation – saying that he “can get anything done that he wants” because he is the largest shareholder. expand full story

Elon Musk Stories November 26, 2018

It was clear that Tesla’s difficulties ramping up Model 3 production were extremely hard on the company, but now CEO Elon Musk has revealed that the automaker was at one point within weeks of dying. expand full story

Elon Musk Stories November 7, 2018

Tesla CEO Elon Musk is testing an exclusive cutting-edge version of Autopilot in his own Tesla Model S, according to a new report. expand full story

Elon Musk Stories October 30, 2018

Tesla confirmed early today that CEO (or ‘nothing‘) Elon Musk bought $10 million worth of TSLA shares.

The transaction is in addition to another $20M worth of shares that he plans to purchase directly from the company. expand full story

It appears that Elon Musk likes pushing the SEC’s buttons following their settlement, which requires for him to step down as Chairman of Tesla’s board.

In what sounded like a joke, the CEO said that he “removed all his titles” at the company and that he is trying to not “confuse the authorities”, but then he actually removed his titles from the company’s official website. expand full story

Elon Musk Stories October 17, 2018

Tesla disclosed today that Elon Musk is buying $20 million more worth of TSLA shares directly from the company.

The move comes as Tesla is required to pay $20 million as a fine for Musk’s settlement with the SEC over his comments about taking Tesla private. expand full story

Elon Musk Stories October 11, 2018

Tesla, Elon Musk, and the SEC have jointly filed to seek approval of their agreed upon settlement over Musk’s comment about the attempt to take Tesla private, which the SEC saw as an infraction.

A judge needs to approve the settlement before it becomes official. expand full story

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