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Saturday, August 8, 2020
Tesla stock plunges after Musk tweets “Tesla stock price is too high”

Tesla stock plunges after Musk tweets “Tesla stock price is too...

Enlarge / Elon Musk in 2015. Tesla's stock is down sharply in Friday trading. One likely reason for that: CEO Elon Musk tweeted that "Tesla stock price is too high imo." Musk posted that tweet at 11:11am Eastern time. At the time, Tesla's stock was worth around $760—down less than 3 percent from Thursday's closing…
Tesla announces pay cuts and worker furloughs

Tesla announces pay cuts and worker furloughs

Tesla announced Tuesday that salaried workers would take pay cuts of 10 percent or more through the end of June. Most hourly workers—many of whom haven't been working since Tesla shut down its Fremont factory last month—are being formally furloughed, making them eligible to claim unemployment benefits. The changes take effect on April 13. "We…
Tesla says it will shut down its Fremont factory—next Monday

Tesla says it will shut down its Fremont factory—next Monday

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Since Monday, Tesla has been under pressure from officials in Alameda County to shut down operations of its car factory in Fremont, California, to fight the spread of the coronavirus. On Thursday, Tesla finally announced it would halt vehicle manufacturing in Fremont. "We have decided to temporarily suspend production at our factory in Fremont, from end…
Elon Musk: Starlink latency will be good enough for competitive gaming

Elon Musk: Starlink latency will be good enough for competitive gaming

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Enlarge / SpaceX CEO Elon Musk at the Satellite 2020 Conference in Washington, DC, on Monday, March 9, 2020. SpaceX's Starlink satellite broadband will have latency low enough to support competitive online gaming and will generally be fast enough that customers won't have to think about Internet speed, Elon Musk said at a conference yesterday.…
How Tesla proved the haters wrong

How Tesla proved the haters wrong

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Enlarge / Tesla CEO Elon Musk. On Thursday, Tesla stock rose above $400 for the first time in the company's history. The record price caps a year—and a decade—when Tesla proved its doubters wrong. At the start of 2010, Tesla had produced fewer than 1,000 units of the high-priced Roadster. The Model S was years…
Jury sides with Elon Musk in “pedo guy” defamation case

Jury sides with Elon Musk in “pedo guy” defamation case

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Enlarge / Elon Musk leaves a Los Angeles federal court on Tuesday December 3, 2019.Apu Gomes/Getty Images A Los Angeles federal jury has found Elon Musk not liable for defamation in a lawsuit brought by British caver Vernon Unsworth. Musk dubbed Unsworth a "pedo guy" in a tweet last year, but argued in court that…
Musk takes the stand in first day of “pedo guy” trial

Musk takes the stand in first day of “pedo guy” trial

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Enlarge / Elon Musk arrives at federal court in Los Angeles on Tuesday, Dec. 3, 2019. Elon Musk has never been someone to back down from a fight. On Tuesday, Musk's confrontational personality brought him to a Los Angeles federal courtroom to testify in a defamation lawsuit brought by British cave explorer Vernon Unsworth. Musk…
Elon Musk sends out tweet through SpaceX’s Starlink satellite broadband

Elon Musk sends out tweet through SpaceX’s Starlink satellite broadband

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Enlarge / Starlink logo imposed on stylized image of the Earth. SpaceX's Starlink division is on track to offer satellite-broadband service in the United States in mid-2020, a company official said today. Meanwhile, SpaceX CEO Elon Musk posted two tweets that show he's testing the broadband service. "Sending this tweet through space via Starlink satellite,"…
Why clients like Tesla in spite of its lots of errors

Why clients like Tesla in spite of its lots of errors

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JIM WATSON/AFP/Getty Images/Aurich Lawson Journalist Ed Niedermeyer remembers the exact moment he became a Tesla skeptic: Memorial Day weekend 2015. That's when Niedermeyer traveled to the Tesla Supercharger facility in Harris Ranch, California to see Tesla's first (and, it turned out, only) battery-swap facility. At a live demo two years earlier, Tesla CEO Elon Musk…
Report: Musk’s $50,000 “pedo person” detective is a founded guilty felon

Report: Musk’s $50,000 “pedo person” detective is a founded guilty felon

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Last year, Vernon Unsworth, a cave explorer who advised on the rescue of kids trapped in a Thailand cave, got in a spat with Elon Musk. Musk labeled Unsworth a "pedo guy" in a tweet—and, in an ill-considered email to a reporter, later called him a "child rapist" who married a 12-year-old girl. Unsworth sued Musk for defamation.…

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