Latest Elon Musk News

Elon Musk sells $7B in Tesla shares ahead of Twitter fight

Aug. 10, 2022 19:05 PM EDT

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter. Musk disclosed in series of regulatory filings that he unloaded about 8 million shares of his company Tesla Inc. in recent days. ...

Musk says Twitter deal could move ahead with 'bot' info

Aug. 06, 2022 16:03 PM EDT

Elon Musk said Saturday his planned $44 billion takeover of Twitter should move forward if the company can confirm some details about how it measures whether user accounts are ‘spam bots’ or real people. The billionaire and Tesla CEO has been trying to back out of his April...

US agency probes Tesla crashes that killed 2 motorcyclists

Aug. 05, 2022 20:18 PM EDT

DETROIT (AP) — Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles. The National Highway Traffic Safety...

Twitter breach exposed anonymous account owners

Aug. 05, 2022 18:18 PM EDT

A vulnerability in Twitter's software that exposed an undetermined number of owners of anonymous accounts to potential identity compromise last year was apparently exploited by a malicious actor, the social media company said Friday. It did not confirm a report that data on 5.4...

Musk countersuit accuses Twitter of fraud over 'bot' count

Aug. 05, 2022 13:54 PM EDT

Elon Musk accused Twitter of fraud in a countersuit over his aborted $44 billion deal for the social media company, which he claimed held back necessary information and misled his team about the true size of its user base. The countersuit by the billionaire and Tesla CEO alleges...

Twitter responds to Musk's claims, calls them 'excuses'

Aug. 04, 2022 20:56 PM EDT

SAN FRANCISCO (AP) — Twitter denied in a court filing that it had deprived its would-be acquirer, billionaire and Tesla CEO Elon Musk, of necessary information or misrepresented details about its business. Musk originally made those charges to justify his attempt to back out of a $44 billion deal...

Tesla investors approve stock split; Musk to add factories

Aug. 04, 2022 20:29 PM EDT

DETROIT (AP) — Tesla shareholders on Thursday approved a three-for-one stock split, a move that will make the company's shares more accessible to smaller investors. Preliminary results of the shareholder vote were announced at the electric car and solar panel maker's annual meeting...

Musk response to Twitter lawsuit to be made public by Friday

Aug. 03, 2022 20:26 PM EDT

DOVER, Del. (AP) — Elon Musk’s answer to Twitter’s lawsuit over his attempt to back out of a $44 billion deal to buy the social media company will be made public by Friday evening at the latest, a judge ruled Wednesday. Attorneys for Musk wanted to file a public version of...

Elon Musk's tech allies miffed about Twitter subpoenas

Aug. 02, 2022 16:58 PM EDT

SAN FRANCISCO (AP) — Elon Musk’s wealthy high tech allies don’t seem too happy about receiving subpoenas from Twitter as part of the company’s legal battle with the Tesla CEO. San Francisco-based Twitter is suing Musk in Delaware in an attempt to get him to complete his $44...

Russia to drop out of International Space Station after 2024

Jul. 26, 2022 19:08 PM EDT

MOSCOW (AP) — Russia will pull out of the International Space Station after 2024 and focus on building its own orbiting outpost, the country's new space chief said Tuesday amid high tensions between Moscow and the West over the fighting in Ukraine. The announcement, while not...