DETROIT — Tesla without Elon Musk at the wheel? To many of the electric car maker's customers and investors that would be unthinkable. But that's what government securities regulators now want to see. The Securities and Exchange Commission has asked a federal court to oust Musk as Tesla's chairman and...
Tesla Stock Falls as Musk Appears to Smoke Weed on This Video
Shares of electric car maker Tesla Inc. fell more than 6 percent early Friday after the CEO appeared to smoke marijuana during an interview and the company's accounting chief left after a month on the job. CEO Elon Musk appeared on "The Joe Rogan Experience" overnight. About two hours into...
Musk Says He’s Cracking Under Stress of Tesla Job
What do you do when your CEO confesses that he's cracking under the stress of his job? That's the question that the nine board members of electric car and solar panel maker Tesla Inc. must answer after Elon Musk, the company's impulsive leader, admitted to The New York Times that...
Musk Says He's Talking With Saudi Fund to Take Tesla Private
DETROIT — Saudi Arabia's sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk's grand plan to take the company private, but the deal isn't done yet, Musk disclosed in a blog Monday. The fund approached Musk about going private multiple times during the past...
Tesla Burns $739.5 Million in Cash on Way to Record Loss
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars. But CEO Elon Musk pledged to post net profits in future quarters, and on a conference call, he apologized...
Tesla Stock Skids on Reports It Asked Suppliers for Refunds
NEW YORK — Shares of Tesla tumbled Monday on reports that the company asked suppliers for refunds to help it turn a profit. A memo provided to The Wall Street Journal shows the electric car maker asked a supplier to return what it calls a meaningful amount of money on...
Tesla Model 3 Buyers Lose Patience and Maybe Tax Credits
DETROIT — In March of 2016, Keith Reynolds flew from California to Atlanta so he could claim his spot in line at 4 a.m., and get a three-hour head start on his West Coast competitors. Tesla was taking $1,000 deposits for its new electric car, the Model 3, priced starting...
Diver Dies Trying to Rescue Thai Boys. Musk Offers Aid.
MAE SAI, Thailand — The rescuers trying to help a youth soccer team stranded in a Thai cave suffered a disheartening loss Friday with the death of a former SEAL diving in the flooded passageways to deliver supplies, as authorities raced against worsening weather and lessening oxygen where the 12...
Tesla on Autopilot Crashes Into California Police SUV
LAGUNA BEACH — Authorities say a Tesla sedan in Autopilot mode has crashed into a parked police cruiser in Southern California. Police Sgt. Jim Cota says the officer was not in the cruiser during the crash Tuesday in Laguna Beach. He says the Tesla driver suffered minor injuries. The police...
Elon Musk's Rise is Tale of Brilliance, Disruption and Celebrity
By Llewellyn King InsideSources.com  Agents of change are not always welcome. Seldom, in fact. Take Elon Musk, unquestionably an agent of change and not universally celebrated by his peers.  The public loves Musk who has promised them pollution-free solar power, electric cars, space travel and an underground, intercity...