Latest Elon Musk News

Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by Delaware judge

Apr. 17, 2024 16:08 PM EDT

DETROIT (AP) — Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company's corporate home to Texas. The changes, to be voted on by stockholders at a June 13 annual meeting, could be...

Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report

Apr. 15, 2024 17:48 PM EDT

DETROIT (AP) — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. CEO Elon Musk detailed the plans in a memo sent to employees. The layoffs could affect about...

Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born

Apr. 12, 2024 21:47 PM EDT

BUENOS AIRES, Argentina (AP) — One is an erratic billionaire entrepreneur and self-declared free-speech absolutist, prone to profanity-laden rants against “wokeness” and obsessed with making humanity a multi-planetary species. The other is an iconoclastic Latin American leader...

President Milei of cash-strapped Argentina starts another US tour, plans to meet Elon Musk

Apr. 11, 2024 22:19 PM EDT

BUENOS AIRES, Argentina (AP) — President Javier Milei of Argentina kicked off a visit Wednesday to the United States, where he'll meet with tech billionaire Elon Musk, as his government seeks an infusion of cash to overhaul Argentina's embattled economy. The populist president...

What to know about Elon Musk's 'free speech' feud with a Brazilian judge

Apr. 11, 2024 18:14 PM EDT

SAO PAULO (AP) — Headline-grabbing billionaire Elon Musk is clashing with a Supreme Court justice in Brazil over free speech, far-right accounts and misinformation on X, the social media platform Musk bought when it was Twitter. Since his takeover, Musk has upended many of...

Tesla settles lawsuit over man's death in a crash involving its semi-autonomous driving software

Apr. 09, 2024 07:32 AM EDT

SANTA CLARA, Calif. (AP) — Tesla has settled a lawsuit brought by the family of a Silicon Valley engineer who died in a crash while relying on the company’s semi-autonomous driving software. The amount Tesla paid to settle the case was not disclosed in court documents filed...

Brazil Supreme Court justice orders investigation of Elon Musk over fake news and obstruction

Apr. 08, 2024 15:18 PM EDT

RIO DE JANEIRO (AP) — A crusading Brazilian Supreme Court justice has included Elon Musk as a target in an ongoing investigation over the dissemination of fake news, and has opened a separate investigation into the U.S. business executive for alleged obstruction. In his decision,...

Free blue checks are back for some accounts on Elon Musk's X. Not everyone is happy about it

Apr. 04, 2024 11:18 AM EDT

NEW YORK (AP) — Elon Musk's X, the platform formerly known as Twitter, has begun restoring complimentary blue checks for some of its users, the latest unexpected shift to cause a lot of confusion on the platform. For years, Twitter’s blue checks mirrored verification badges that...

Elon Musk's X has a new safety leader, nine months after predecessor left the social media platform

Apr. 03, 2024 11:56 AM EDT

NEW YORK (AP) — Elon Musk's X, the platform formerly known as Twitter, has named a new head of safety nine months after the last executive to hold the position departed from the social media company. X said that company veteran Kylie McRoberts will oversee the global safety team....

Tesla sales tumble nearly 9%, most in 4 years, as competition heats up and demand for EVs slows

Apr. 02, 2024 16:49 PM EDT

DETROIT (AP) — Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to lure more buyers. The Austin, Texas, company said Tuesday that it delivered 386,810 vehicles worldwide from January through March,...