Latest in Tesla

Elon Musk defended his propensity to step into divisive debate and even in advancing conspiracy theories, telling CNBC, “I’ll say what I want to say, and if the consequences of that is losing money, I’ll say it.” The network’s David Faber sat down with Musk and asked the Twitter owner and Tesla CEO…

Elon Musk welcomed Twitter’s new CEO into the fold as he held court at Tesla’s annual meeting in Austin today, sounding genuinely relieved to offload some of the burden of running the beleaguered social media company he reluctantly acquired last fall. Related Story Elon Musk Defends Georg…

Elon Musk wants to move a shareholder class action lawsuit from San Francisco to West Texas, claiming a lack of unbiased jurors in the Bay Area. A federal judge is mulling the motion. Musk and other Tesla board members are confronting a lawsuit that claims he manipulated Tesla’s stock in 2018. That…

Twitter's new owner Elon Musk has unloaded another 22 million shares of his publicly-traded electric automaker Tesla, raising north of $3.5 billion. The move follows a sale in November of 19.5 million shares of Tesla and that company's stockholders are growing increasingly restless and vocal about…

Elon Musk has sold nearly $4 billion worth of Tesla stock in the less than two weeks since he closed the deal to buy Twitter. That’s according to CNBC, citing SEC filings. Musk, who purchased the troubled social media platform on October 27 for $44 billion, said that he was done selling roughly $7…

Elon Musk gave a strong indication today that his purchase of Twitter is indeed on track in a reference to the tortured deal, not via tweet, but towards the tail end of an earnings' call for Tesla. He said the social media platform he’s looking to acquire by a court-imposed Oct. 28 deadline is currently…

UPDATED, 7:45 AM: Fantasy author Neil Gaiman is not taking Elon Musk’s criticism of Amazon’s The Lord of the Rings: The Rings of Power sitting down. In a tweet Tuesday that has gone viral, Gaiman wrote, “Elon Musk doesn’t come to me for advice on how to fail to buy Twitter, and I don’t go to him for film, TV or…

Elon Musk sold $6.9 billion worth of shares Tesla this month to help finance an acquisition of Twitter — a deal he is fighting in court to avoid. "In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla…

Elon Musk said overnight that his $44 billion acquisition of Twitter can't move ahead unless the company backs up statements about the number of fake accounts on the platform, which the company has put at under 5%. It's something he's been picking at for days but made explicit in a tweet early Tuesday as some…

Twitter CEO Parag Agrawal has cut loose two top executives and announced a hiring freeze ahead of the company’s acquisition by Elon Musk, whose share purchases are reportedly being investigated by the SEC. Consumer product chief Kayvon Beykpour tweeted today that “Parag asked me to leave after letting me know that he…

Tesla stock has reversed its slump after Elon Musk said he is finished selling stock in the electric vehicle firm he runs as CEO in order to fund his pending $44 billion acquisition of Twitter. About $8.5 billion in stock sales, done in multiple transactions spanning 9.4 million shares, have been disclosed over the…

Two business stories converged as Elon Musk took a Twitter kick at Netflix after the streamer’s stock sank on subscribers losses. “The woke mind virus Is making Netflix unwatchable,” Musk tweeted in a chain responding to news of Netflix’ share crash following yesterday’s earnings report. He didn’t elaborate. Netflix…