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 26
Elon Musk Stories November 7
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
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
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
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
Elon Musk Stories October 4
Right now, there are tens of thousands of Tesla owners anxiously waiting to get that notification “a new software update is available” on their mobile app or inside their cars.
Tesla has now expanded the early access program to the highly-anticipated version 9 update and Elon Musk says that the new firmware is ‘almost ready’. expand full story
Elon Musk Stories September 29
Elon Musk and the SEC have agreed on a settlement over the lawsuit that the latter filed against Tesla’s CEO over comments he made about his attempt to take the company private.
Musk will be able to remain as CEO, but he will have to resign from his role as Chairman of the board, pay a $20 million fine, and more. expand full story
Elon Musk Stories September 8
Elon Musk’s Boring Company is currently developing more advanced tunnel digging technology for its upcoming new mass-transit projects in Los Angeles, Chicago, and Maryland.
Now the company is teasing its latest giant boring machine being operated by an Xbox controller. expand full story
Elon Musk Stories September 6
Tesla is not out of the woods when it comes to Elon Musk’s brief attempt to take the company private.
Short sellers are now suing the company and Musk over what they see as the automaker manipulating the share price with allegedly false statement over the take-private move. expand full story