Latest Elon Musk News

EU official pushes Musk for Twitter's progress on new rules

Feb. 01, 2023 06:48 AM EST

LONDON (AP) — A top European Union official told Elon Musk that Twitter needs to make progress in preparing for a new law aimed at curbing hate speech, misinformation and other harmful content, adding pressure on the company to ensure it complies. EU Commissioner Thierry Breton...

Nevada says Tesla's possible tax breaks stay secret, for now

Jan. 31, 2023 21:46 PM EST

RENO, Nev. (AP) — The details of any potential tax breaks for Tesla's $3.6 billion expansion of its Nevada factory will remain secret until late February, under a nondisclosure agreement that state officials signed with the electric carmaker. The governor's economic development...

Elon Musk's Tesla tweet trial delves into investor damages

Jan. 31, 2023 18:16 PM EST

SAN FRANCISCO (AP) — An Elon Musk tweet declaring he had the financing to take Tesla private in 2018 caused billions of dollars in investor damages after the deal collapsed, according to estimates presented Tuesday at a trial examining the haphazard handling of the buyout proposal. ...

Tech industry job cuts come rapidly and in big numbers

Jan. 31, 2023 16:31 PM EST

In just the past month there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software and services surged with millions of people working remotely. However, even...

Justice Department seeks Tesla automated driving documents

Jan. 31, 2023 11:20 AM EST

The U.S. Justice Department has requested documents from Tesla related to its Autopilot and “Full Self-Driving” features, according to a regulatory filing. “To our knowledge no government agency in any ongoing investigation has concluded that any wrongdoing occurred,” Tesla...

Elon Musk's mysterious ways on display in Tesla tweet trial

Jan. 29, 2023 12:49 PM EST

SAN FRANCISCO (AP) — Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting. The trial, centered on a pair of tweets announcing Musk had obtained the money to take...

Musk, top Biden aides meet in Washington, talk electric cars

Jan. 27, 2023 17:23 PM EST

WASHINGTON (AP) — Tesla CEO Elon Musk and a pair of top aides to President Joe Biden met in Washington on Friday to discuss the electric vehicle industry and the broader goal of electrification. Musk and Biden did not meet, White House press secretary Karine Jean-Pierre said. ...

BBC film on Indian PM Modi, 2002 riots draws government ire

Jan. 26, 2023 06:20 AM EST

NEW DELHI (AP) — Days after India blocked a BBC documentary that examines Prime Minister Narendra Modi’s role during 2002 anti-Muslim riots and banned people from sharing it online, authorities were scrambling to halt screenings of the program at colleges and restrict clips of it on social...

Tesla will invest $3.6B in Nevada truck factory expansion

Jan. 26, 2023 00:09 AM EST

SPARKS, Nev. (AP) — Tesla said it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits, reflected in record net income reported Wednesday for the fourth quarter of last year, will keep margins higher than any other...

Tesla says its 4Q profit rose 59%, expects strong demand

Jan. 25, 2023 20:28 PM EST

DETROIT (AP) — Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker. The Austin, Texas, maker of electric vehicles and solar panels...