Elon Musk News

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 …

Tesla Video Promoting Self-Driving Was Staged, Engineer Testifies

A 2016 video that Tesla used to promote its self-driving technology was staged to show capabilities like stopping at a red light and accelerating at a green light that the system did not have, according to testimony by a senior …

Tesla Faces US Criminal Probe over Self-Driving Claims — Sources

Tesla Inc. is under criminal investigation in the United States over claims that the company’s electric vehicles can drive themselves, three people familiar with the matter said. The U.S. Department of Justice launched the previously undisclosed probe last year following …

FAA in Contact with SpaceX After Booster Rocket Fire

WASHINGTON –– The Federal Aviation Administration (FAA) said Tuesday it was in “close contact” with SpaceX as the company reviewed a fire that occurred as part of its Super Heavy booster rocket development, but that the agency was barred from …

Do Claims Against Musk Raise a Legal Issue for his Companies and Twitter Deal?

A report saying Tesla Inc CEO Elon Musk’s company SpaceX paid $250,000 to settle sexual harassment claims by a flight attendant on a private jet comes as he eyes a takeover of Twitter. Below is an overview of some of …

Judge Rejects ‘Gag Order’ for Elon Musk in Shareholder Suit

Elon Musk will not be subjected to a “gag order” preventing him from discussing a lawsuit claiming he defrauded Tesla Inc. shareholders by tweeting in 2018 about taking his electric car company private, a federal judge ruled on Wednesday. U.S. …

Tesla Autopilot Stirs US Alarm as ‘Disaster Waiting to Happen’

Derrick Monet and his wife, Jenna, were driving on an Indiana interstate in 2019 when their Tesla Model 3 sedan operating on Autopilot crashed into a parked fire truck. Derrick, then 25, sustained spine, neck, shoulder, rib and leg fractures. …

Tesla Stockholders Ask Judge to Silence Musk in Fraud Case

DETROIT (AP) — A group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company private is asking a federal judge to order Musk to stop commenting on the case. Lawyers for stockholders of the …

Elon Musk Can’t Avoid Scrutiny of His Tesla Tweets, SEC Says

Elon Musk’s tweets about Tesla Inc. will remain a valid subject for government investigation even if a court throws out a his 2018 agreement with the U.S. Securities and Exchange Commission, the agency told a judge. Musk is seeking to …