Latest Elon Musk News

Israel flying to moon after SpaceX launch

Feb. 21, 2019 11:02 PM EST

CAPE CANAVERAL, Fla. (AP) — An Israeli spacecraft rocketed toward the moon for the country's first attempted lunar landing, following a launch Thursday night by SpaceX. A communications satellite for Indonesia was the main cargo aboard the Falcon 9 rocket, which illuminated the sky as it took flight. But...

Russia teen refits car, gets shoutout from Elon Musk

Feb. 13, 2019 6:02 AM EST

MOSCOW (AP) — A Russian teenager has refitted his car to drive it backward, and got a shoutout from Tesla's CEO Elon Musk. But this didn't stop the police from stripping him of the car registration. The 18-year-old was stopped earlier this week driving the battered Lada backward. The teenager showed in a...

For Amazon, it's business as usual despite CEO drama

Feb. 9, 2019 12:06 AM EST

NEW YORK (AP) — First it was a heart-wrenching tweet that he and his wife were getting a divorce after 25 years. Then a tabloid revealed that he'd been having an affair, releasing texts and photos of him and his mistress. As if either of those weren't distracting enough, now Jeff Bezos — the world's...

For Amazon, it's business as usual despite CEO drama

Feb. 8, 2019 7:21 PM EST

NEW YORK (AP) — First it was a heart-wrenching tweet that he and his wife were getting a divorce after 25 years. Then a tabloid revealed that he'd been having an affair, releasing texts and photos of him and his mistress. As if either of those weren't distracting enough, now Jeff Bezos — the world's...

Owens named chief executive behind CBS' '60 Minutes'

Feb. 6, 2019 6:25 PM EST

PASADENA, Calif. (AP) — Incoming CBS News president Susan Zirinsky opted for continuity on television's most popular news program, appointing Bill Owens as executive producer of "60 Minutes" on Wednesday. Owens has been executive editor at "60 Minutes" since 2008, and has been running it on an interim...

NASA, SpaceX aim for March test of 1st new astronaut capsule

Feb. 6, 2019 2:33 PM EST

CAPE CANAVERAL, Fla. (AP) — NASA and SpaceX are now aiming for a March debut of the first capsule from a private company designed to fly astronauts to the International Space Station. No one will be on board for the crew Dragon's inaugural test flight to the orbiting outpost. Officials on Wednesday set...

Tesla knocks $1,100 off price of the Model 3

Feb. 6, 2019 7:51 AM EST

DETROIT (AP) — Tesla is cutting $1,100 from the base price of its car designed for the mass market, the Model 3. The electric car company now says on its website that the car starts at $42,900, still a ways from its goal of lowering the base price to $35,000. Tesla cut 7 percent of its workforce last month...

Tesla posts small 4Q profit, expects to make money this year

Jan. 30, 2019 8:10 PM EST

DETROIT (AP) — Tesla managed to eke out a small fourth-quarter profit to close 2018, and it pledged to make money in all quarters this year. But staying in the black will be difficult with a major debt payment due and slowing demand for pricier versions of its electric vehicles. Palo Alto, California-based...

Stocks keep climbing as hopes for US-China trade deal rise

Jan. 18, 2019 5:06 PM EST

NEW YORK (AP) — Stocks in the U.S. and Europe jumped Friday as renewed hopes for progress in trade talks between the U.S. and China helped the markets finish the week with another strong gain. Indexes jumped after Bloomberg News reported that China's government offered to buy more goods and services from...

On the road to make an affordable car, Tesla cuts jobs

Jan. 18, 2019 1:44 PM EST

Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Tesla's cheapest model right now is the $44,000 Model 3, and it needs to broaden its customer base to survive. "Looking ahead at our mission of...