Elon Musk News

Tesla Told to Provide Documents Involving Musk Compensation

DOVER, Del. (AP) — A Delaware judge on Monday ordered lawyers representing Tesla Inc. directors to turn over certain communications that CEO Elon Musk may have shared with the company’s top in-house attorneys before the board approved a compensation plan …

Berkshire Defends $8B Texas Power Proposal to Combat Blackouts

Berkshire Hathaway Inc on Saturday defended its $8 billion proposal to build natural gas plants in Texas to help reduce the threat of devastating blackouts such as those in February. “When you look at the power sector (in Texas), it …

Texas Police to Demand Tesla Crash Data as Musk Denies Autopilot Use

WASHINGTON — Texas police will serve search warrants on Tesla Inc on Tuesday to secure data from a vehicle that crashed on the weekend, killing two people, a senior officer told Reuters on Monday. Mark Herman, Harris County Constable Precinct …

SpaceX Starship Prototype Rocket Explodes on Landing After Test Launch

A prototype of SpaceX’s Starship rocket exploded during a landing attempt minutes after a high-altitude experimental launch from Boca Chica, Texas, on Tuesday, in a repeat of an accident that destroyed a previous test rocket. The Starship SN9 that blew …

An Activist Investor Crusades Against Forced Arbitration at Tesla

When Tesla Inc.’s shareholders gather September 22 for their annual meeting, Kristin Hull will have roughly three minutes to make the case against the company’s use of mandatory arbitration for employee sexual harassment and racial discrimination claims. Hull is the …

How Tesla Defined a New Era For the Global Auto Industry

FRANKFURT/BEIJING/DETROIT — Tesla Inc’s rapid rise to become the world’s most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how. …

Tesla, California County Reach Deal to Reopen U.S. Plant Next Week

Tesla Inc. and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that allows production to resume as early as Monday, county officials said. The county said the …

Trump Wants California to Let Automaker Tesla Reopen Assembly Plant

FREMONT, California — President Donald Trump on Tuesday urged that Tesla Inc be allowed to reopen its electric vehicle assembly plant in California, joining CEO Elon Musk’s bid to defy county officials who have ordered it to remain closed. “California …

Tesla Sues California County in Virus Factory Closure Fight, Threatens to Leave

Tesla Inc. sued local authorities in California on Saturday as the electric carmaker pushed to re-open its factory there and Chief Executive Elon Musk threatened to move Tesla’s headquarters and future programs from the state to Texas or Nevada. Musk …

Tesla Can’t Duck Lawsuit Over Musk’s Take-Private Tweet

Tesla Inc. must face an investor lawsuit over Elon Musk’s notorious 2018 tweet about taking the electric car maker private. The ruling means Tesla will have to provide documents and other evidence to the plaintiffs as the case moves forward. …