Latest Elon Musk News

FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa.  On Thursday, Nov. 19, 2020, General Motors says a pending breakthrough in battery chemistry will cut the price of its electric vehicles so they equal those powered by gasoline within five years.  (AP Photo/Matt Rourke, File)

GM: New batteries cut electric car costs, increase range

Nov. 19, 2020 5:03 PM EST

DETROIT (AP) — General Motors says a pending breakthrough in battery chemistry will cut the price of its electric vehicles so they equal those powered by gasoline within five years. The technology also will increase the range per charge to as much as 450 miles. The company’s product development...

FILE - In this June 15, 2018 photo, twenty dollar bills are counted in North Andover, Mass.  Black-and-white financial advice ignores the nuances of each person’s individual situation, and that can leave many feeling like they’re failing, or missing out on hot opportunities that aren’t actually appropriate for them. (AP Photo/Elise Amendola, File)

Millennial Money: Financial advice that rarely fits all

Nov. 17, 2020 7:09 AM EST

When I hear financial tips that are unrealistic or shame-inducing, I cringe. Any advice that makes complicated money moves seem like an easy path to profit is downright dangerous. Questionable guidance is all around, oversimplifying important decisions or claiming a one-size-fits-all approach will work. Amid the...

In this frame grab from NASA TV, the SpaceX Dragon is seen after docking at the International Space Station, late Monday, Nov. 16, 2020. (NASA TV via AP)

SpaceX capsule with 4 astronauts reaches space station

Nov. 17, 2020 2:27 AM EST

CAPE CANAVERAL, Fla. (AP) — SpaceX’s newly launched capsule with four astronauts arrived Monday at the International Space Station, their new home until spring. The Dragon capsule pulled up and docked late Monday night, following a 27-hour, completely automated flight from NASA's Kennedy Space...

An unsold 2021 S70 sedan sits at a Tesla dealership Sunday, Nov. 8, 2020, in Littleton, Colo. Tesla will be added to the S&P 500 index on Dec. 21. Based on its market value Monday, Nov. 16, 2020, the electric car maker would be one of the top 10 companies in the benchmark index upon entry. (AP Photo/David Zalubowski)

Tesla will be added to the benchmark S&P 500 index Dec. 21

Nov. 16, 2020 6:22 PM EST

NEW YORK (AP) — Tesla will be added to the S&P 500 index on Dec. 21. Based on its market value Monday, the electric car maker would be one of the top 10 companies in the benchmark index upon entry. S&P Dow Jones Indices made the announcement after the closing bell. Tesla shares jumped nearly 14% in...

A Falcon 9 SpaceX rocket with the Crew Dragon capsule is seen during a time exposure as it lifts off from pad 39A at the Kennedy Space Center in Cape Canaveral, Fla., Sunday, Nov. 15, 2020. Four astronauts are beginning a mission to the International Space Station. (AP Photo/John Raoux)

SpaceX launches 2nd crew, regular station crew flights begin

Nov. 16, 2020 2:03 AM EST

CAPE CANAVERAL, Fla. (AP) — SpaceX launched four astronauts to the International Space Station on Sunday on the first full-fledged taxi flight for NASA by a private company. The Falcon rocket thundered into the night from Kennedy Space Center with three Americans and one Japanese, the second crew to be...

A mockup of the SpaceX crew capsule is seen on display in front of the Vehicle Assembly Building during a news conference at the Kennedy Space Center in Cape Canaveral, Fla., Friday, Nov. 13, 2020. (AP Photo/John Raoux)

SpaceX crew flight delayed; Musk gets mixed COVID-19 results

Nov. 13, 2020 7:24 PM EST

CAPE CANAVERAL, Fla. (AP) — SpaceX delayed its second astronaut flight by a day because of high wind and weather conditions that could jeopardize the recovery and recycling of the rocket booster, pushing the launch to Sunday. Friday’s postponement news came after SpaceX chief Elon Musk disclosed he...

Astronaut Soichi Noguchi, of Japan, from left, NASA Astronauts Shannon Walker, Victor Glover and Michael Hopkins walk after arriving at Kennedy Space Center, Sunday, Nov. 8, 2020, in Cape Canaveral, Fla. The four astronauts will fly on the SpaceX Crew-1 mission to the International Space Station scheduled for launch on Nov. 14, 2020 (AP Photo/Terry Renna)

Astronauts arrive at launch site for 2nd SpaceX crew flight

Nov. 8, 2020 3:34 PM EST

CAPE CANAVERAL, Fla. (AP) — Four astronauts arrived at Kennedy Space Center on Sunday for SpaceX’s second crew launch, coming up next weekend. For NASA, it marks the long-awaited start of regular crew rotations at the International Space Station, with private companies providing the lifts. There...

This Saturday, Oct. 24, 2020, still image provided by Canada-France-Hawaii Telescope shows what appears to be a rocket booster reentering the earth's atmosphere. Image was taken from the Canada-France-Hawaii Telescope located atop the summit of Mauna Kea, in Hawaii. (Canada-France-Hawaii Telescope via AP)

Rocket booster likely caused lights in Hawaii's night sky

Oct. 28, 2020 10:06 AM EDT

HONOLULU (AP) — Reports of a cluster of blinking lights traveling across Hawaii's weekend night sky were likely caused by a rocket booster reentering the planet's atmosphere, scientists said. Astronomers said there is a high probability the booster pierced Earth’s atmosphere after orbiting for 12...

FILE - This March 18, 2020 photo shows a Tesla charging station for automobiles in Port Huron, Mich.  Tesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter. The electric car and solar panel maker says Wednesday, Oct. 21,  that it made $874 million, or 27 cents per share, for its fifth-straight profitable quarter.(AP Photo/Paul Sancya, File)

Tesla posts net profit for fifth straight quarter

Oct. 21, 2020 6:52 PM EDT

DETROIT (AP) — Tesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter. The electric car and solar panel maker said Wednesday that it made $331 million, or 27 cents per share, for its fifth-straight profitable quarter....

FILE - In this Nov. 15, 2019, file photo, a tunnel boring machine sits at the bottom of a construction site during a media tour at the Las Vegas Convention Center in Las Vegas. Elon Musk's Boring Company, nearing completion of a short underground motorway for electric cars at the expanded Las Vegas Convention Center, wants to widen its scope to build a people mover tunnel system generally beneath the Las Vegas Strip. A presentation Tuesday, Oct. 13, 2020, to tourism officials showed it would go from downtown Las Vegas, beneath the resort corridor to newly opened Allegiant Stadium. (AP Photo/John Locher, File)

Elon Musk firm proposing 'Vegas Loop' tunnel people mover

Oct. 14, 2020 3:35 PM EDT

LAS VEGAS (AP) — A company nearing completion of a short underground motorway for electric cars at the expanded Las Vegas Convention Center wants to widen its scope and build a people mover tunnel system beneath the Las Vegas Strip. Billionaire entrepreneur Elon Musk’s tunneling operator, called The...