Latest Tesla Inc News

To buy Twitter, Musk has to keep banks, investors on board

Oct. 07, 2022 05:17 AM EDT

If the squabbling ever stops over Elon Musk's renewed bid to buy Twitter, experts say he still faces a huge obstacle to closing the $44 billion deal: Keeping his financing in place. Earlier this week, Musk reversed course and said he'd go through with acquiring the social media...

Judge delays Twitter trial, gives Musk time to seal buyout

Oct. 06, 2022 19:18 PM EDT

A judge has delayed a looming trial between Twitter and Elon Musk, giving the Tesla CEO more time to close his $44 billion deal to buy the company after months spent fighting to get out of it. Musk had asked to halt the upcoming Delaware court trial, where the Tesla billionaire was...

EXPLAINER: What's next in Musk's epic battle with Twitter?

Oct. 06, 2022 12:12 PM EDT

Elon Musk's monthslong tussle with Twitter took another twist this week when the Tesla billionaire seemed to return to where he started in April — offering to buy the company for $44 billion. But it's not over yet. Twitter says it intends to close the deal at the agreed-upon price,...

Big Brazilian gold refiner delisted amid Amazon mining probe

Oct. 05, 2022 21:03 PM EDT

MIAMI (AP) — One of Brazil’s biggest gold refiners, which processes gold suspected of being mined illegally in the Amazon rainforest, has been stripped of an important industry seal of approval that global manufacturers from Apple to Tesla rely on to root out abuses in their supply chains. ...

Twitter under Musk? Most of the plans are a mystery

Oct. 05, 2022 19:40 PM EDT

SAN FRANCISCO (AP) — A super app called X? A bot-free free speech haven? These are some of Elon Musk's mysterious plans for Twitter, now that he may be buying the company after all. After months of squabbling over the fate of their bombshell $44 billion deal, the billionaire and...

EXPLAINER: Musk Twitter turnaround reflects legal challenges

Oct. 05, 2022 11:53 AM EDT

WASHINGTON (AP) — Elon Musk's sudden about face on a $44 billion agreement to acquire Twitter, reversing an earlier attempt to rescind that offer, came as a surprise even from the mercurial billionaire who loves to shock. It sent shares of the social media platform soaring Tuesday...

Musk says he wants Twitter again and will pay $44B price

Oct. 05, 2022 07:47 AM EDT

Elon Musk wants Twitter again — and Twitter is game. The billionaire Tesla CEO has proposed to buy the company at the originally agreed-on price of $44 billion, bringing the tumultuous, monthslong saga another step closer to a conclusion. Musk made the surprising turnaround not on...

Edmunds compares: 2022 Lucid Air vs. Tesla Model S

Oct. 05, 2022 07:39 AM EDT

The Tesla Model S has enjoyed a nearly 10-year head start on the premium electric sedan competition, but the gap is beginning to close. There’s a newcomer giving the Model S a run for its money, and it comes from a fellow startup. The 2022 Lucid Air is an all-electric luxury sedan that can...

Deal back on? Elon Musk gets closer to buying Twitter

Oct. 04, 2022 20:14 PM EDT

The tumultuous saga of Elon Musk's on-again off-again purchase of Twitter took a turn toward a conclusion Tuesday after the mercurial Tesla CEO proposed to buy the company at the originally agreed-on price of $44 billion. Musk made the surprising turnaround not on Twitter, as has...

EXPLAINER: What's next in Musk's epic battle with Twitter?

Oct. 04, 2022 18:07 PM EDT

Elon Musk's monthslong tussle with Twitter took another twist Tuesday when the Tesla billionaire seemed to return to where he started in April — offering to buy the company for $44 billion. But it's not over yet. Twitter says it intends to close the deal at the agreed-upon price,...