Elon Musk

Elon Musk faces SEC investigation into Tesla ‘autonomous driving’ claims: report

Sources told Bloomberg that the review was part of an investigation into Tesla’s statements about its Autopilot driver assistance system. The “truthfulness” of Musk’s posts on the matter is particularly important under SEC rules, Bloomberg noted. SEC officials question whether Musk may have “inappropriately made forward-looking statements” about self-driving cars, a source told Bloomberg. It’s …

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Elon Musk meets Speaker of the House Kevin McCarthy and Hakeem Jeffries

CNN — Elon Musk, CEO of Twitter and Tesla, with House Speaker Kevin McCarthy and Democratic Leader Hakeem Jeffries at the US Capitol in Washington on Thursday evening. McCarthy, leaving the meeting with Musk in his office, declined to comment other than to say, “He came for my birthday.” The California Republican turned 58 on …

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These automakers can’t quite hold back their first-time buyers

Photo: Joe Raedle (Getty Images) Some automakers are struggling to convince first-time buyers to return to the showroom, Elon Musk said he really believed he could take Tesla private in 2018 with help, and Audi sued Nio and won. All this and more in The morning shift for January 24, 2023. 1st gear: the “Nomadic …

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Elon Musk says he would have sold SpaceX shares to take Tesla private

Elon Musk speaks near a Falcon 9 rocket during his announcement that Japanese billionaire Yusaku Maezawa will be the first private passenger to fly around the Moon aboard the SpaceX BFR launch vehicle. DAVID MCNEW | AFP | Getty Images Elon Musk told federal court in San Francisco on Monday that he could have sold …

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Elon Musk returns to the helm in class action lawsuit over controversial tweet

washington d.c. CNN — Tesla CEO Elon Musk took the witness stand for a second day on Monday and tried to explain the thought process behind his controversial 2018 “funding secured” tweet, pushing back against the idea that it was partly a joke. Musk, Tesla and the company chiefs are facing a shareholder lawsuit over …

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Elon Musk announces a more expensive subscription for Twitter without ads

Web subscriptions are also available for $8 per month or, at a discount, $84 per year. (Case) Washington: Twitter boss Elon Musk announced in a series of tweets on Saturday that the company’s subscription service would show fewer ads to users, including an ad-free tier. The announcement comes as the social network has faced major …

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