musk

SpaceX is expanding a test of its Starlink satellite internet and could bring the service to other countries next year, CEO Elon Musk says. The space-exploration firm will send out “several

Tesla has won its case against a whistleblower who was fired for hacking and transferring company data to a news publication. The electric automaker had filed a lawsuit against former Gigafactory employee Martin Tripp in 2018 after he got caught leaking an exposé to Business Insider. According to the information Tripp leaked, Tesla was shipping …

Tesla is rolling out a network of supercharger stations in Europe ahead of the construction of its Berlin electric-car factory. The electric automaker this week demonstrated its high-speed chargers on a Berlin research campus, saying that it was looking at expanding its charging network to reassure potential buyers who have concerns about access to power …

Volkswagen CEO Herbert Diess brushed aside speculation of a potential partnership with Tesla after he gave Elon Musk a test drive of the German carmaker’s new ID.3 electric car. “Just to be clear: We just drove the ID.3 and had a chat – there is no deal/cooperation in the making,” Diess wrote on LinkedIn. He …

Tesla’s supercharged stock rally may have finally run out of juice. Shares of the electric automaker — which have increased fivefold since the beginning of the year — were down more than 15 percent Tuesday morning as investors reacted to the company not being added to the S&P 500 on Friday. Tesla had been widely …

Shares of Tesla dropped nearly 7 percent in extended trade Friday after the electric-car maker was excluded from a list of companies being added to the S&P 500. The decision by S&P Dow Jones Indices is a blow to Tesla investors who widely expected the company to join the benchmark stock index after a blockbuster …

The world’s top tech tycoons lost nearly $44 billion in wealth Thursday as the stock market suffered its worst day in months. The massive losses for the industry’s 10 richest people followed a dizzying rally in tech stocks that helped the Nasdaq index hit an all-time high this week even though the coronavirus pandemic has …

Mark Zuckerberg’s reign as the third-richest man on Earth didn’t last long. The Facebook CEO lost his grip on the No. 3 spot this week after Tesla boss Elon Musk’s wealth soared to new heights, capping a rally that has seen him add a staggering $87.8 billion to his fortune this year. Musk — worth …

PETA regards Elon Musk as swine for implanting a brain device in a pig as part of a mind-bending invention he believes can cure everything from blindness to quadriplegia. In a statement, the animal-rights group President Ingrid Newkirk challenged the tech tycoon to “behave like a pioneer and implant the Neurlink chip in his own …

Tesla on Tuesday revealed plans to take advantage of its meteoric stock rise by raising up to $5 billion through a program to sell more shares of the popular electric vehicle company. Wall Street’s main brokerages, including Goldman Sachs, Bank of America and Morgan Stanley, will serve as sales agents for the stock selling program, …