CEO Elon Musk is still dreaming big, but the automaker’s focus will be to build out capacity this year. Read More
Tag: Elon Musk
The hot air behind Congress’ social media subpoenas
A House select committee gets aggressive with Facebook, Twitter, and others. Big Tech probably doesn’t have much to worry about. Read More
Elon Musk says he’s hiking “full self driving” by another $2,000
Enlarge / The Model Y still includes a steering wheel for Tesla owners who want to drive for themselves. (credit: Tesla) Tesla’s highly controversial “full self driving” feature is getting yet another price increase. CEO Elon Musk used his Twitter feed last Friday to announce the price hike, telling his millions of followers, “Tesla FSD […]
Elon Musk rejects claims his satellites are squeezing out rivals in space
Enlarge / A SpaceX rocket ready for launch. (credit: Trevor Mahlmann) Elon Musk has hit back at criticism that his company’s Starlink satellites are hogging too much room in space, and has instead argued there could be room for “tens of billions” of spacecraft in orbits close to Earth. “Space is just extremely enormous, and […]
Tesla sexual harassment lawsuits multiply as 6 more women sue Musk-led firm
Enlarge / A Tesla showroom and service center on Friday, Sept. 4, 2020, in Burbank, California. (credit: Getty Images | Kent Nishimura ) Six more women sued Tesla yesterday, alleging that the company failed to stop rampant sexual harassment at factory facilities in Fremont, California, and support centers in the Los Angeles area. The lawsuits […]
Elon Musk won 2021 by stirring up the auto industry
Tesla proved electric vehicles can be profitable. Competitors are taking note. Read More
Global stocks and crypto sag as investors brace for a blockbuster FOMC meeting
U.S. futures point to a weak open, and Bitcoin continues to trade below its 200-day moving average. Read More
Elon Musk hopes China will chill out
Tesla’s CEO says the Communist country should relax. Don’t bet on it. Read More
ESA head says Europe needs to stop facilitating Elon Musk’s ambitions in space
Enlarge (credit: Trevor Mahlmann) The head of the European Space Agency has urged the continent’s leaders to stop facilitating Elon Musk’s ambition to dominate the new space economy, warning that the lack of co-ordinated action meant the US billionaire was “making the rules” himself. Josef Aschbacher, the new director-general of ESA, said that Europe’s readiness […]
Bond yields flatline, lifting global stocks and futures
U.S. futures have been climbing all morning as calm returns to the bond market. Read More