A California state panel on Friday declined a request from Elon Musk’s SpaceX for $655,500 in state job and training funds, mentioning the chief executive’s recent threats to shift Tesla, the electric automaker that he also runs, out of the state. The rebuff comes as Musk has sparred with officials in Alameda County because of […]
Elon Musk
Tesla, California county reach deal to resume plant next week
Tesla Inc and officials in California have resolved their conflict over safety procedures at the automaker’s only U.S. assembly plant with a deal that permits production to restart as early as Monday, county officials stated. The county said the automaker could take extra steps ahead of next week after CEO Elon Musk had pledged to […]
Dispute over resuming Tesla’s California factory may be ending
It seems that the dispute between Tesla and San Francisco Bay Area officials over the restarting of a factory in the face of shutdown orders is close to an end. The Alameda County Public Health Department wrote on Twitter early Wednesday that the Fremont, California, plant will be able to go beyond general operations this […]
Trump wants California to allow Tesla reopen assembly plant
U.S. President Donald Trump on Tuesday asked that electric automaker Tesla Inc should be allowed to resume its electric vehicle assembly plant in California, joining the automaker’s CEO Elon Musk’s bid to defy county officials that have ordered the plant to remain closed. “California should let Tesla & @elonmusk open the plant, NOW. It can […]
Elon Musk says ready for arrest as the plant reopens in California
Tesla Chief Executive Elon Musk on Monday stated production was restarting at the automaker’s only U.S. vehicle factory, in California, defying an order to stay closed and adding that if anyone had to be arrested it should be him. The move comes as states and cities around the country find ways to safely resume their […]
Tesla files lawsuit against California county over plant shutdown
Tesla remains opposed to Alameda County’s lockdown as it affects its facility Tesla has filed a federal lawsuit Saturday against Alameda County in California challenging its shutdown of the company’s main factory as a part of lockdown implemented for controlling the spread of the coronavirus. The lawsuit seeks to overturn the county’s May 4 health […]
Tesla’s market value falls significantly after controversial tweet by Elon Musk
A sort of bloodbath has been observed for Tesla stock as billions of dollars were just got wiped off after its CEO Elon Musk tweeted that the automaker’s stock was “too high”. Tesla stock declined over 10 percent and its valuation declined by almost $9 billion after Musk’s tweets in reminiscence of his controversial tweets in August 2018 when […]
Tesla posts its third quarterly profit, Elon Musk calls lockdowns ‘fascist’
Tesla Inc’s CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions imposed for reducing the spread of the coronavirus outbreak as “fascist” as the electric automaker posted its third quarterly profit in a row. These comments might have overshadowed an otherwise successful quarter that took many investors by surprise as automaker’s rivals have been […]
Tesla’s ventilators attract controversy after hospitals say they are not ventilators
Contrary to Tesla CEO and Founder Elon Musk’s claim the company had delivered more than 1,000 ventilators to hospitals in California to help treat COVID-19 coronavirus patients, some of these facilities informed that what they received were not really the highly sought-after machines. Musk showed a list of hospitals to which the company sent the “ventilators”. But four of the […]
Tesla builds ventilators for coronavirus patients by using car technology
Electric automaker Tesla has posted a video on its YouTube channel, showing its engineers are working on making ventilators from Tesla Model 3 parts. In the video, Tesla’s engineers reveals two versions of the ventilator, a prototype model with its components laid out throughout a desk, as well as a packaged model that indicates how […]
Tesla plans to supply FDA-approved ventilators at zero cost, says Musk
Tesla Inc CEO Elon Musk said on Tuesday the automaker has extra FDA-approved ventilators that can be delivered free of cost to hospitals within regions where the electric automaker delivers. “Device & shipping cost are free. Only requirement is that the vents are needed immediately for patients, not stored in a warehouse. Please me or […]
Tesla to cut on-site staff at Nevada factory by 75% due to coronavirus
U.S. electric automaker Tesla Inc prepares to slash on-site staff at its Nevada battery plant by about 75% because of the coronavirus pandemic, the local county manager stated on Thursday. The move comes following its Japanese battery partner Panasonic stated it would decrease operations at the Nevada factory this week before shutting it for 14 […]
Elon Musk says car crashes are more dangerous than coronavirus
Elon Musk sent a memo to SpaceX workers on Friday downplaying the threat of coronavirus, a pandemic, according to a report from BuzzFeed News. Musk’s email told workers of the space transport company that they were much more likely to die from a car crash than coronavirus. He also stated that based on the evidence he had […]
Bill Gates buys Porsche Taycan, Musk calls it ‘underwhelming’
Elon Musk is not really positive about the recent car purchase of fellow billionaire entrepreneur Bill Gates. After Gates stated he purchased himself an all-electric Porsche Taycan, Tesla’s CEO took to Twitter to discuss the Microsoft co-founder. “My conversations with Gates have been underwhelming tbh [to be honest],” Musk tweeted. My conversations with Gates have been underwhelming tbh — […]
Tesla achieve $100 billion stock market valuation in extended trading
Tesla Inc became the first $100 billion publicly listed American automaker in extended trading on Tuesday, in a sign of Wall Street’s confidence in an all-electric future. The milestone comes less than a month when Tesla’s stock crossed $420, the infamous price at which CEO Elon Musk had tweeted he would take the electric automaker […]
