Latest Elon Musk News

Musk promises to let Michigan students tour rocket factory

Mar. 22, 2019 5:47 PM EDT

FLINT, Mich. (AP) — Tech billionaire Elon Musk surprised students by showing up at a school assembly in Flint, Michigan, and promising to take some of them for a tour of his Space X rocket factory in California. Musk and Flint Community Schools Superintendent Derrick Lopez also told the crowd of sixth- and...

SEC says Musk's contempt defense 'borders on the ridiculous'

Mar. 19, 2019 11:59 AM EDT

DETROIT (AP) — U.S. securities regulators countered Tesla CEO Elon Musk's contempt-of-court defense Monday night, writing in court papers that he brazenly disregarded a federal judge's order and that one of his arguments "borders on the ridiculous." Lawyers for the Securities and Exchange Commission, in a...

Tesla unveils Model Y SUV, expanding into popular segment

Mar. 15, 2019 1:10 AM EDT

HAWTHORNE, Calif. (AP) — Tesla unveiled a new all-electric SUV on Thursday night that the automaker hopes will win over consumers looking for an all-electric alternative in the most popular segment of the auto market. Cheers from a hangar-packed crowd of Tesla customers, employees and members of the media...

Musk's lawyers say tweet complied with SEC fraud settlement

Mar. 11, 2019 11:26 PM EDT

DETROIT (AP) — Tesla CEO Elon Musk should not be found in contempt of court because he has complied with the terms of a securities fraud settlement, his attorneys wrote in documents filed Monday night with the U.S. District Court in Manhattan. Musk's lawyers wrote that a Feb. 19 tweet merely restated prior...

Tesla walks back its plan to close most showrooms

Mar. 11, 2019 11:27 AM EDT

DETROIT (AP) — Tesla is walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. The company continues its...

Pentagon reviewing Elon Musk's security clearance

Mar. 8, 2019 1:10 PM EST

WASHINGTON (AP) — An official says the Pentagon is reviewing the federal security clearance held by tech billionaire Elon Musk, the founder and chief executive officer of SpaceX. Musk resubmitted his SF-86 security form after he smoked marijuana on a podcast last year. SpaceX provides satellite launch...

SpaceX crew capsule ends test flight with ocean splashdown

Mar. 8, 2019 11:51 AM EST

CAPE CANAVERAL, Fla. (AP) — SpaceX's swanky new crew capsule returned from the International Space Station to an old-fashioned splashdown in the Atlantic on Friday, successfully ending a test flight that could lead to astronaut rides later this year. The Dragon capsule undocked from the orbiting lab early...

Las Vegas bets on Elon Musk for tunnel transit system

Mar. 6, 2019 8:43 PM EST

LAS VEGAS (AP) — Entrepreneur Elon Musk's dream of an express tunnel transit system could finally become a reality in Las Vegas after major setbacks in other cities. Las Vegas' tourism agency announced Wednesday it is recommending that an enterprise backed by the divisive billionaire receive a contract to...

US-built capsule with a dummy aboard docks at space station

Mar. 3, 2019 7:00 PM EST

CAPE CANAVERAL, Fla. (AP) — A sleek new American-built capsule with just a test dummy aboard docked smoothly with the International Space Station on Sunday, bringing the U.S. a big step closer to getting back in the business of launching astronauts. The white, bullet-shaped Dragon capsule, developed by...

Elon Musk says next vehicle to be unveiled later this month

Mar. 3, 2019 6:39 PM EST

Tesla CEO Elon Musk announced on Twitter that the company's next vehicle will be unveiled March 14. The Model Y is an SUV and is expected to share many of the same underpinnings as its lower-cost sedan, the Model 3. That shared technology should help expedite production. It also will be about 10 percent bigger...