Latest Elon Musk News

President Donald Trump listens as Director of the National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci speaks during a coronavirus task force briefing at the White House, Friday, March 20, 2020, in Washington. (AP Photo/Evan Vucci)

AP FACT CHECK: Trump says he always knew virus was pandemic

Mar. 23, 2020 2:04 PM EDT

WASHINGTON (AP) — President Donald Trump is revising history as to how he described the dangers of the coronavirus as it swept across China and showed early signs in the U.S. “I’ve felt it was a pandemic long before it was called a pandemic,” Trump insisted last week, adopting a newly...

President Donald Trump speaks during a coronavirus task force briefing at the White House, Saturday, March 21, 2020, in Washington. (AP Photo/Patrick Semansky)

AP FACT CHECK: Trump hype on auto industry and ventilators

Mar. 22, 2020 10:56 PM EDT

DETROIT (AP) — President Donald Trump is falsely asserting how quickly automakers including GM, Ford and Tesla can manufacture ventilators to help fill an acute U.S. shortage of the medical equipment for coronavirus patients. Ford and GM have yet to start production, and it would take them months, if not...

Business Fallout: Airlines lobby for funds, Domino's hiring

Mar. 19, 2020 9:44 PM EDT

It was less than 11 weeks ago that the first cases of pneumonia were detected in Wuhan, China. The speed at which what would soon be named COVID-19, the disease caused by the new coronavirus, knocked the global economy askew is unparalleled in our lifetimes. Following are developments Thursday related to the...

A Falcon 9 SpaceX rocket with a payload of approximately 60 satellites for SpaceX's Starlink broadband network lifts off from pad 39A at the Kennedy Space Center in Cape Canaveral, Fla., Wednesday, March 18, 2020. (AP Photo/John Raoux)

SpaceX puts 60 satellites into orbit despite engine failure

Mar. 18, 2020 12:57 PM EDT

CAPE CANAVERAL, Fla. (AP) — SpaceX launched 60 more of its internet satellites into orbit Wednesday despite an engine failure shortly after liftoff on a recycled rocket flying a record five times. SpaceX chief executive Elon Musk said one of the nine main engines shut down prematurely during liftoff, a...

Tesla factory could be shut under California health order

Mar. 18, 2020 12:04 AM EDT

FREMONT, Calif. (AP) — The Tesla factory that employs thousands of people could be forced to close after Alameda County on Tuesday night declared it a “nonessential business" under the county's shelter-in-place order. Seven Bay Area counties have ordered nearly 7 million residents to shelter in...

In a time exposure, a SpaceX Falcon is launched from Cape Canaveral, Fla., Friday night, March 6, 2020, with a load of supplies for the International Space Station. Cocoa Beach, Fla., is in the foreground. (Malcolm Denemark/Florida Today via AP)

SpaceX launches station supplies, nails 50th rocket landing

Mar. 7, 2020 1:46 AM EST

CAPE CANAVERAL, Fla. (AP) — SpaceX successfully launched another load of station supplies for NASA late Friday night and nailed its 50th rocket landing. The Falcon rocket blasted off with 4,300 pounds (1,950 kilograms) of equipment and experiments for the International Space Station. Just minutes later,...

This undated photo made available by SpaceX in February 2020 shows the Crew Dragon spacecraft undergoing acoustic testing in Florida. On Tuesday, Feb. 18, 2020, SpaceX announced it is working with Space Adventures Inc. to take tourists into a high orbit. Ticket prices aren't being divulged but are likely to be in the millions of dollars. (SpaceX via AP)

SpaceX aims to launch up to 4 tourists into super high orbit

Feb. 18, 2020 1:49 PM EST

CAPE CANAVERAL, Fla. (AP) — SpaceX aims to launch up to four tourists into a super high orbit, possibly by the end of next year. The private company is working with Space Adventures Inc. for the flight, officials announced Tuesday. Ticket prices are not being divulged but expected to be in the millions....

FILE - In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)

Tesla prices its second offering of stock at $767 apiece

Feb. 14, 2020 7:41 AM EST

PALO ALTO, Calif. (AP) — Tesla priced its second offering of stock at $767 apiece Friday. An announcement Thursday that Tesla would put an additional $2 billion worth of stock on the market surprised almost everyone. Just two weeks ago, CEO Elon Musk said the company had enough cash to fund its capital...

FILE - In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)

Tesla offers $2B in added shares, discloses SEC subpoena

Feb. 13, 2020 12:49 PM EST

DETROIT (AP) — Tesla said that is selling $2 billion worth of additional stock, that its U.S. revenue fell last year and that securities regulators are scrutinizing its finances. All of the developments Thursday were disclosed in filings with U.S. Securities and Exchange Commission, which in December...

FILE - In this Feb. 2, 2020, file photo, the company logo shines on the grille of an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell more cars and trucks in two weeks than Tesla does in a whole year. (AP Photo/David Zalubowski, File)

Tesla stock is soaring. Madness or visionary investing?

Feb. 4, 2020 6:20 PM EST

DETROIT (AP) — Eight months after it seemed headed for the corporate junkyard, Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell more cars and trucks in two weeks than Tesla does in a whole year. In a reversal of fortune analysts find...