Latest Elon Musk News

Tesla to build factory in Germany after subsidies announced

Nov. 13, 2019 12:35 PM EST

BERLIN (AP) — Germany on Wednesday hailed Tesla’s decision to build its first European factory in the country, days after the government said it would boost subsidies for buyers of electric cars. Tesla CEO Elon Musk said during an awards ceremony in the German capital Tuesday evening that...

SpaceX launches 60 more mini satellites for global internet

Nov. 11, 2019 11:49 AM EST

CAPE CANAVERAL, Fla. (AP) — SpaceX launched 60 mini satellites Monday, the second batch of an orbiting network meant to provide global internet coverage. The Falcon rocket blasted into the morning sky, marking the unprecedented fourth flight of a booster for SpaceX. The compact flat-panel satellites...

Colorado ex-Gov. Hickenlooper's travel ethics probe released

Nov. 7, 2019 8:42 PM EST

DENVER (AP) — A report from the Colorado Ethics commission released Thursday came to no conclusion about whether former governor and current U.S. Senate candidate John Hickenlooper's use of private planes during his time in office violated state laws but detailed trips to Connecticut, Wyoming and elsewhere...

Tesla's stock soars after company posts surprising 3Q profit

Oct. 23, 2019 10:16 PM EDT

SAN FRANCISCO (AP) — Tesla posted a surprising profit of $143 million in its latest quarter, raising hopes the electric car pioneer may finally be turning the corner after posting mostly losses during its first decade as a publicly held company. The positive results announced Wednesday came after Tesla...

NASA administrator explains Twitter spat with SpaceX

Oct. 10, 2019 10:00 PM EDT

HAWTHORNE, Calif. (AP) — NASA Administrator Jim Bridenstine said Thursday that a recent Twitter statement critical of SpaceX was a signal to all the space agency's contractors about realistic development timelines. Bridenstine addressed the issue during a press conference with SpaceX founder Elon Musk...

UK vacuum maker Dyson scraps electric car project

Oct. 10, 2019 1:10 PM EDT

LONDON (AP) — Dyson, the British company best known for groundbreaking vacuum cleaners, is scrapping its electric car project because it doesn't make business sense. Billionaire founder James Dyson said in an email to employees Thursday that the project was shut down because the company "simply can no...

HBO orders 2 new seasons of Axios news series

Oct. 8, 2019 12:02 AM EDT

NEW YORK (AP) — HBO has ordered two new seasons of its Sunday night news program modeled after the Axios website, which has produced newsmaking interviews with presidential son-in-law Jared Kushner and business leaders Elon Musk and Tim Cook. The decision, announced on Tuesday, means 12 episodes each year...

Asia stocks mixed after Wall Street rebound

Oct. 3, 2019 11:50 PM EDT

BEIJING (AP) — Asian stocks were mixed Friday after Wall Street rebounded on investor hopes for a U.S. interest rate cut. Tokyo and Hong Kong declined while Sydney gained and Seoul was unchanged. U.S. stocks pulled out of a two-day skid sparked by unexpectedly weak manufacturing and hiring data. Markets...

PepsiCo and Meet Group advance while Tesla and GoPro slip

Oct. 3, 2019 4:37 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday. PepsiCo Inc., up $3.99 to $137.93 The food and beverage company gave investors an upbeat revenue forecast after beating Wall Street’s third-quarter profit expectations. Clorox Co., down $2.33 to $147.02 The maker of...

Today in History

Sep. 29, 2019 12:01 AM EDT

Today in History Today is Sunday, Sept. 29, the 272nd day of 2019. There are 93 days left in the year. Today's Highlight in History: On Sept. 29, 1789, the U.S. War Department established a regular army with a strength of several hundred men. On this date: In 1829, London's reorganized police force, which became...