Elon Musk News Updates

Business, Technology

Teslas Board Takes Heat Over CEO Succession Planning

Tesla Inc.s board of directors is facing mounting pressure to prove just how prepared they are for the potential loss of Elon Musk, the erratic CEO largely behind the breakneck rise and dramatic fall in the companys valuation.

January 5, 2023
Business, Technology

Tesla Breaks Own Sales Record, but Misses Estimate for 2022

Tesla said Jan. 2 that it sold a record 1.3 million vehicles last year, but the number fell short of CEO Elon Musks pledge to grow the companys sales by 50% nearly every year.

January 3, 2023
Business, Fuel

Elon Musk Tells Investors Hell Pause on Tesla Stock Sales

Tesla CEO Elon Musk says he wont sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since Musks purchase of Twitter went through in October.

December 23, 2022
Business, Technology

Tesla Stock Has Never Been This Cheap And It Could Still Drop Further

Tesla Inc. shares are trading at their cheapest ever by at least one measure as the electric vehicle giant grapples with an array of challenges, from waning demand in China to investor concern over billionaire CEO Elon Musks priorities.

December 13, 2022
Business, Technology

Tesla Facing Backlash for Musks Twitter Move

For owners and potential buyers of Tesla cars, it has become all but impossible to find neutral ground on the controversies that surround CEO Elon Musk.

November 29, 2022
Business, Technology

Musk Complains of Too Much Work After Taking Over Twitter

The fear Tesla Inc. investors had as soon as Elon Musk made his bid for Twitter Inc. has come to fruition: Even he admits hes taken on more than he should.

November 14, 2022
Business, Technology, Fuel

Tesla CEO Elon Musk Takes Control of Twitter

Tesla CEO Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the companys top lawyer, two people familiar with the deal said Oct. 27.

October 28, 2022
Business, Technology, Fuel

Twitter Says Musk Can and Should Close Buyout Next Week

Twitter Inc. rejected Tesla CEO Elon Musks request to pause an upcoming trial over his $44 billion takeover of the social media company, saying the billionaire can and should close the deal next week.

October 6, 2022
Business, Fuel

Elon Musk Proposes to Buy Twitter for Original Price of $54.20 a Share

Tesla CEO Elon Musk revived his bid for Twitter Inc. at the original offer price of $54.20 a share, potentially avoiding a courtroom fight over one of the most contentious acquisitions in recent history.

October 4, 2022
Business, Technology, Fuel, Autonomous

Musk-Twitter Trial to Start Oct. 17

Twitter Inc.s lawsuit against Tesla CEO Elon Musk over a canceled $44 billion buyout of the social media platform is set for a five-day trial starting Oct. 17 in Delaware, a judge ruled.

July 29, 2022