Elon Musk News

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 …

Jury: Musk Didn’t Defraud Investors with 2018 Tesla Tweets

SAN FRANCISO (AP) — A jury on Friday decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unraveled and raised questions about whether the billionaire had misled investors. The …

Elon Musk’s Tesla Tweet Trial Delves into Investor Damages

SAN FRANCISCO (AP) — An Elon Musk tweet declaring he had the financing to take Tesla private in 2018 caused billions of dollars in investor damages after the deal collapsed, according to estimates presented Tuesday at a trial examining the …