Elon Musk

Business, Technology, Equipment

Tesla Unveils Model Y Crossover, but Delivery Time Reignites Cash Concerns

Tesla Model Y unveiling took place March 14. (Patrick T. Fallon/Bloomberg News)

The Model Y crossover that Elon Musk debuted late March 14 in Hawthorne, Calif., will start being delivered to customers in the fall of next year, later than some analysts anticipated. The company immediately began taking $2,500 pre-orders, a bigger ask than the $1,000 it has charged to reserve a Model 3 sedan.

Dana Hull | Bloomberg News
March 15, 2019
Business, Technology, Logistics

Musk Blindsided Tesla Staff With Store Wind Down, Sources Say

Tesla Patrick T. Fallon/Bloomberg News

Tesla Inc. CEO Elon Musk caught many employees by surprise with his announcement last week that the electric-car maker would close most stores and shift to online-only sales, according to three people familiar with the matter.

Dana Hull | Bloomberg News
March 5, 2019
Government, Business, Technology, Logistics

Musk Faces Contempt Claim for Violating Accord With SEC

Elon Musk Tesla CEO Elon Musk (Patrick T. Fallon/Bloomberg News)

Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc., raising fresh concerns about the chief executive officer’s ability to keep his impulses in check and responsibly run a public company.

Bloomberg News
February 26, 2019
Business, Technology, Logistics

Tesla CEO Elon Musk Sets Goal of Making 500,000 Cars in 2019

Tesla David Paul Morris/Bloomberg News

Elon Musk said Tesla Inc. will make about 500,000 cars this year, a prediction that’s difficult to gauge given the CEO’s proclivity for setting stretch goals.

Ville Heiskanen | Bloomberg News
February 20, 2019
Government, Business, Technology

Elon Musk's SpaceX Launch Site Risks Being Split in Two by Border Wall

A SpaceX rocket under construction The Starship Hopper test vehicle sits under construction near Boca Chica, Texas. (Austin Barnard/Bloomberg News)

Elon Musk’s SpaceX has a big stake in the battle over border security being waged in Congress: a launchpad on the U.S.-Mexico border that it plans to use for rockets carrying humans around the world and eventually to Mars.

Erik Wasson | Bloomberg News
February 8, 2019
Business, Technology

Ford CEO Jim Hackett, Tesla’s Elon Musk Urge Workers to Help Boost Profits

Ford An employee performs a final inspection on a truck at the Ford Motor Co. Dearborn Truck Plant in Dearborn, Mich. (Sean Proctor/Bloomberg News)

Ford Motor Co.’s Jim Hackett and Tesla Inc.’s Elon Musk are rallying the troops with similar appeals to make more money.

Alexandra Semenova and Keith Naughton | Bloomberg News
January 25, 2019
Business, Technology, Autonomous

Tesla CEO Elon Musk Is Getting Last Laugh on Wall Street

Elon Musk Musk (Susana Gonzalez/Bloomberg News)

It was only a few months ago that Wall Street was bashing Elon Musk’s Tesla Inc. Times have changed for the automaker and its mercurial CEO.

Esha Dey | Bloomberg News
December 12, 2018
Business, Technology, Fuel

Tesla Looks to Trucking for Ways to Accelerate Deliveries of Model 3 Cars

Teslas on a car carrier Teslas arrive at a dealership in Littleton, Colo. (David Zalubowski/Associated Press)

Elon Musk is doing everything he can to speed up deliveries of the Tesla Model 3, including the tantalizing prospect that he may have purchased a trucking company to augment capacity provided by existing vehicle haulers.

Daniel P. Bearth | Staff Writer
November 20, 2018
Government, Business, Technology, Autonomous

Musk Takes Swipe at SEC After Fraud Settlement

Elon Musk Charles Sykes/Associated Press

SAN FRANCISCO — Elon Musk is taunting the government regulators who threatened to oust him as CEO of electric carmaker Tesla just days after he settled a case alleging he duped investors.

Michael Liedtke | Associated Press
October 5, 2018
Government, Business, Technology, Fuel

Tesla’s Elon Musk Out as Chairman, Stays as CEO in SEC Settlement

Tesla's Elon Musk Tesla's Elon Musk (Patrick T. Fallon/Bloomberg News)

Elon Musk will give up the role of Tesla Inc. chairman and pay a $20 million penalty to settle fraud charges brought by the U.S. over his claims about taking the company private.

Dana Hull and Ben Bain | Bloomberg News
September 29, 2018