Elon Musk News

Ex-Twitter Executives Sue Elon Musk for $128 Million in Severance Pay

Four ex-Twitter executives, including former Chief Executive Officer Parag Agrawal, sued company owner Elon Musk for allegedly stiffing them on more than $128 million in severance payments after they were ousted from the company. The former top officials said Musk …

Elon Musk Sues OpenAI and Altman for Breaching Firm’s Founding Mission

Elon Musk sued OpenAI and its Chief Executive Officer Sam Altman, alleging they violated the artificial intelligence startup’s founding mission by putting profit ahead of benefiting humanity. The 52-year-old billionaire, who was a co-founder of OpenAI but is no longer …

Tesla Sued by California Counties Over Hazardous Waste

A group of 25 California counties have sued Elon Musk’s Tesla TSLA.O, claiming the electric vehicle maker mishandled hazardous waste at its facilities across the state. The lawsuit from Los Angeles, Alameda, San Joaquin, San Francisco and other counties was …

Elon Musk’s Drug Use Is the Latest Headache for Tesla’s Board

Elon Musk’s reported drug use has Tesla Inc. board members facing a familiar quandary: having to decide what, if anything, to do about the chief executive subjecting directors and shareholders alike to great financial and legal risk. The Wall Street …

Musk Can’t Escape Investor Suit Over Flip-Flop on Twitter Buyout

Elon Musk must face a Twitter investor lawsuit that accuses him of fueling uncertainty about his proposed buyout in an effort to drive down the social media platform’s stock price, a California federal judge ruled. US District Judge Charles Breyer …

At SpaceX, Worker Injuries Soar in Elon Musk’s Rush to Mars

One windy night at Elon Musk’s SpaceX facility in McGregor, Texas, Lonnie LeBlanc and his co-workers realized they had a problem. They needed to transport foam insulation to the rocket company’s main hangar but had no straps to secure the …

Lawyers who Sued Tesla Board for Excess Pay Want $10,000 an Hour

WILMINGTON, Delaware –– A legal tExcess Pay Want Tesla’s directors to agree in July to return more than $700 million in compensation to the automaker for allegedly overpaying themselves are now seeking a huge payday of their own. The lawyers …

Tesla Braces For Its First Trial Involving Autopilot Fatality

Tesla Inc. is set to defend itself for the first time at trial against allegations that failure of its Autopilot driver assistant feature led to death, in what will likely be a major test of Chief Executive Elon Musk’s assertions …

Musk Would Compound Tesla Automated-Driving Risk With Free Trial

Elon Musk has long pressed his luck with respect to automated driving. His plan to offer a month-long free trial of features that Tesla has been charging $15,000 for would escalate the risk-taking to another level. Musk tweeted this week …

AI Leaders Urge Pause on More Powerful Models to Develop Safety Protocols

Artificial intelligence experts and industry leaders, including Elon Musk, University of California Berkeley computer science professor Stuart Russell and Apple Inc. co-founder Steve Wozniak, are calling on developers to hit the pause button on training powerful AI models. More than …