Tag Archives: Elon Musk

Elon Musk responds to the SEC’s allegations, explaining that he has followed Tesla’s guidelines and is therefore not in breach of his agreement.

Although Elon Musk managed to finally release Tesla’s $35,000 model, the CEO is having a particularly bad year so far. The Security and Exchange Commission (SEC) has filed a grievance against Musk for breaching his settlement agreement by tweeting about the company without authorisation, and now the Pentagon is reviewing …

Elon Musk’s personal vendetta with the US Securities and Exchange Commission (SEC) didn’t hinder Tesla’s bottom line last year, as the company managed to make its first-ever quarterly profit. In order to maintain this trajectory throughout 2019, it seems as though Tesla is forced to implement some extreme cost-cutting measures, …

In November, Tesla replaced Chairman Elon Musk with Robyn Denholm as per an agreement with the US Securities and Exchange Commission (SEC). Continuing to comply with the SEC’s requirements, Tesla has appointed two more board members at the end of last week; however their close relationship with Musk has raised …

At the end of September, the US Securities and Exchange Commission (SEC) forced Tesla CEO Elon Musk to step down as company chairman in order to settle fraud allegations. After rigorous searching, Tesla has now appointed Telstra’s CFO Robyn Denholm as chair of its board. The fallout came after Musk …

Earlier this week, the US Securities and Exchange Commission (SEC) imposed a series of punishments against Elon Musk for false tweets that boosted Tesla stock. Instead of counting his lucky stars that the penalty only includes as personal $20 million fine and stepping down as the company chairman, Musk has …

Over the weekend, the US Securities and Exchange Commission (SEC) fined Tesla CEO Elon Musk $40 million split between both himself and the company, based on allegations of fraud causing significant disruption in the stock market. Both have agreed to settle these terms without confirming or denying the allegations, leaving …

Moving on from his endeavours with flamethrowers, Elon Musk has since expressed interest in working with developers to eventually bring original video game content to Tesla vehicles. This has prompted quite the response from prominent figures in the industry, including Jackbox Games, PUBG and Razer. Tesla is launching Version 9.0 …

Back in January, Tesla-founder Elon Musk debuted the Boring Company Flamethrower, selling all 20,000 in its first weekend. Now, the first 1,000 have made their way into the hands of owners who lived close enough to the SpaceX headquarters to manually pick theirs up. In an unsurprising, yet unfortunate turn …

As many sites draw their attention to tackling fake news and questioning the credibility of ‘journalists’, Tesla’s Elon Musk might have the answer. Taking to Twitter, Musk proposed that writers should be rated on their credibility, outlining plans for a new website, dubbed Pravda, to do exactly that. This comes …

Tesla and Boring Company CEO Elon Musk has had a rough time lately, with many sleepless nights at the office trying to fix the problems with the Tesla Model 3. To aid the billionaire’s woes, fans have banded together to crowdfund enough money in order to replace what can only …

There seems to be many obstacles appearing for Elon Musk’s flamethrower, from government officials attempting to intervene, to customs agencies now refusing to ship something with such a volatile name. Of course, Musk isn’t backing down, reeling off alternatives he could call it instead. Apparently, some customs agents are particularly …

Elon Musk set Twitter alight over the weekend when his Boring Company started selling $500 flamethrowers. Attracting 7,000 sales over the course of its first day, it hasn’t taken too much longer to sell all 20,000 as Musk tweeted out that the product was sold out as of today. Despite …

Over the weekend, Elon Musk began a successful run of selling flamethrowers via his Boring Company brand. This success could be short lived if California Assemblyman Miguel Santiago has anything to do with it, as the politician plans to introduce legislation that would block Musk from selling the device to …

It seems that Elon Musk’s head is firmly buried in the clouds, as his Boring Company began selling branded flamethrowers over the weekend. Tweeting about the milestones the bizarre product has hit, it seems that he’s already unloaded $3.5 million worth of them. The flamethrowers are listed on the company …

Shortly after revealing the official SpaceX spacesuits, Elon Musk has unveiled more of his ambitious plans for the company. Not only had SpaceX revealed new plans to travel to the Moon and Mars, but Musk also wants to use his rockets for long distance travel on earth, taking passengers anywhere …

Elon Musk is another step closer to launching his own manned mission to space as the SpaceX founder has revealed the company’s official, fully working space suit. As you might expect, it looks like something pulled out of a futuristic sci-fi movie. Elon Musk posted the photo to Instagram, explaining …

Elon Musk has been no stranger to headlines, leading cutting-edge companies like SpaceX, Tesla Motors, and SolarCity, and generally working to advance humanity toward more sophisticated technology and bold new socioeconomic concepts. Now, Musk and a host of other leaders in the tech industry have come together to form a …

Tesla has pledged to hit a production target of 5,000 Model 3s every week by the end of 2017 and even plans to increase that to 10,000 a week at some point in 2018. While a massive increase over its traditional production levels, it will be necessary, as Tesla has …

Some of the top Hyperloop development teams around the world spent the weekend competing head to head with one another on Space X’s Hyperloop test track to see who’s design could operate safely, stay lined up and then bring itself to a comfortable stop. While many teams managed that, the …

When Tesla’s Gigafactory 1 lithium-ion production facility is complete it will be the largest building by floor space in the world. It’s not quite there yet and isn’t expected to be finished until sometime in 2018, but it’s coming on apace. Even with just 14 per cent of it completed, …

Tesla and Space X founder Elon Musk could well be set to add another feather to his already rather busy cap. Annoyed by traffic on a recent commute, he has unofficially laid out plans to dig giant tunnels under cities in order to better facilitate cars of the future. Although …

From Pirate Parties to Paypal founders, we’re looking at a few AMAs this morning, but we can’t pass up the chance to look through all of the things Space X CEO, Elon Musk was asked about in his. Moving swiftly on from the questions about poo disposal and electric busses …

Tesla has taken flack from the CEO of Murray Energy Corporation, Robert Murray, who claimed that it is taking far too much in taxpayer subsidies, while failing to turn a large profit to counter it. Tesla founder Elon Musk has fired back, saying it’s nothing compared to the coal industry, but …

Considering how young Space X is as a rocket developer, it’s somewhat surprising that it seems so advanced and forward thinking, especially when it comes to getting people to Mars. Boeing however isn’t happy letting it take all the limelight and has challenged the Elon Musk founded company to the …

Late last night, Elon Musk addressed attendees at the International Astronautical Congress and outlined his plans for Mars colonisation. He believes that Space X can get human boots on Mars by 2022, reduce costs to as little as $100,000 per person to travel to the red planet before long, and by …

Space X has announced its intention to begin Falcon 9 rocket launches again as soon as November this year. This news comes after a recent catastrophe that saw one of the rockets explode on the Cape Canaveral launch pad, taking with it a $200 million Facebook owned satellite, as well …

Tesla’s latest drive has been to bring down the price of electric vehicles, which it will officially do in spectacular fashion when the Model 3 is released at the end of 2017. But it’s also working on improving range and performance and it’s managed to do that with a new …

Solar panel installer, SolarCity, has not been in a great financial position over the past few months. It’s going to become one with other Elon Musk founded company, Tesla, but that won’t guarantee smooth sailing for its employees. Once the merger is complete, a number are expected to lose their …

The construction of a real world Hyperloop, that is a 700MPH+ levitated train built inside a near-vacuum tube for reduced air resistance, could happen sooner than we expected in Dubai. The country is looking to improve its infrastructure and has gotten in touch with developing company, Hyperloop One, to discuss …