The deal could remove one cloud that hangs over Tesla. Investors fretted about the company’s ability to cope without Mr Musk, a charismatic entrepreneur whose penchant for coming up with revolutionary ideas has drawn comparisons to one of Silicon Valley’s most revered visionaries, Apple co-founder Steve Jobs. … [Read more...] about Elon Musk to leave Tesla chairman role in £30m fraud case settlement
Elon musk what is tesla
Musk: Tesla Selling $35K Model 3 Would ‘Lose Money and Die’
Elon Musk acknowledged Sunday that Tesla, at its current production rate, would “lose money and die” if it sold Model 3 mass-market sedans at the promised price of $35,000. Despite Tesla’s Model 3 website still stating that it “achieves 220 miles of range while starting at only $35,000 before incentives;” CEO Elon Musk took to Twitter to acknowledge that the company would go bankrupt if it tried to ship starting price units before reaching a minimum production rate above 5,000 units per week. … [Read more...] about Musk: Tesla Selling $35K Model 3 Would ‘Lose Money and Die’
Elon Musk Says Thailand Rescue Diver Has ‘Child Bride’ (His Girlfriend Is 40)
Tesla CEO Elon Musk has doubled down on his claims that one of the heroic rescuers that saved the lives of a Thai soccer team trapped in an underwater cave, Vern Unsworth, is a pedophile — now his 40-year-old girlfriend is hitting back. Recently, Tesla CEO Elon Musk accused Vernon Unsworth, one of the hero cave rescuers who saved the lives of a Thai soccer team, of being a “pedo guy.” Musk initially apologized for his accusations but resurfaced them recently when he questioned Unsworth’s innocence, asking why the cave rescuer wasn’t suing Musk if he had in fact been defamed — Unsworth has taken legal action, Musk was just not aware of this at the time. … [Read more...] about Elon Musk Says Thailand Rescue Diver Has ‘Child Bride’ (His Girlfriend Is 40)
SEC Sues Elon Musk, Seeks to Bar Him from Running a Publicly Traded Company
The Securities and Exchange Commission (SEC) Thursday accused Tesla chief Elon Musk of making false and misleading statements in August when he tweeted that he was “virtually certain” that he could take the electric car company private. The SEC has asked the court to bar Musk from as a director or officer of a public company, which would mean he would have to step down as the head of Tesla. It is also seeking monetary fines and penalties. … [Read more...] about SEC Sues Elon Musk, Seeks to Bar Him from Running a Publicly Traded Company
Elon Musk ‘does not respect’ US regulator
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