Latest Elon Musk News

Insider Q&A: Velodyne advocates for safer self-driving cars

May. 19, 2019 1:05 PM EDT

DETROIT (AP) — Self-driving Tesla electric vehicles could be on the road sometime next year under CEO Elon Musk's vision to bring financial success to his upstart company. But critics have called that vision faulty, saying Musk can't deploy autonomous vehicles safely without Lidar sensors that send out...

Deere, 3M, Pinterest slip while Cray soars on buyout

May. 17, 2019 4:40 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Deere & Co., down $11.17 to $134.82 The farm equipment maker's quarterly profit missed expectations amid weakness in the agriculture sector. Cray Inc., up $6.71 to $36.52 The supercomputer maker is being bought by Hewlett...

NTSB: Autopilot was in use before Tesla hit semitrailer

May. 16, 2019 2:39 PM EDT

DETROIT (AP) — A Tesla Model 3 involved in a fatal crash with a semitrailer in Florida March 1 was operating on the company's semi-autonomous Autopilot system, federal investigators have determined. The car drove beneath the trailer, killing the driver, in a crash that is strikingly similar to one that...

US, UK teams share $10M XPRIZE award for child literacy

May. 16, 2019 1:54 AM EDT

LOS ANGELES (AP) — A California company founded by game-developer parents who wanted to help their special-needs son is sharing a $10 million XPRIZE award with a London-based educational nonprofit for programs created to teach illiterate children how to teach themselves to read. The Berkeley-based Kitkit...

The Latest: US, UK teams share $10M XPRIZE award

May. 16, 2019 1:53 AM EDT

LOS ANGELES (AP) — The Latest on the competition for the XPrize For Global Learning (all times local): 8 p.m. A US company founded by game-developer parents who wanted to help their special-needs son and a London-based educational nonprofit have won a $10 million award for software they developed to teach...

Japanese space startup aims to compete with US rivals

May. 15, 2019 9:58 AM EDT

TOKYO (AP) — A Japanese startup that launched a rocket into space earlier this month plans to provide low-cost rocket services and compete with American rivals such as SpaceX, its founder said Wednesday. Interstellar Technology Inc. founder Takafumi Horie said a low-cost rocket business in Japan is...

Musk's attorney claims his client's tweets didn't hurt diver

May. 14, 2019 1:32 PM EDT

A British diver who is suing Tesla CEO Elon Musk for defamation can't recover damages because the diver allegedly started the spat and his reputation hasn't been harmed, a new attorney for Musk says in a court filing. Vernon Unsworth is suing Musk for calling him a "pedo" in a July 15 post on his Twitter account...

Tesla CEO Elon Musk faces trial for 'pedo' insult of diver

May. 10, 2019 8:59 PM EDT

LOS ANGELES (AP) — Tesla CEO Elon Musk will have to go to trial to defend himself for mocking a British diver as a pedophile in a verbal sparring match that unfolded last summer after the underwater rescue of youth soccer players trapped in a Thailand cave. A federal court judge in Los Angeles set an Oct....

Tesla seeks dismissal of suit challenging Musk pay package

May. 9, 2019 6:49 PM EDT

DOVER, Del. (AP) — Attorneys for Tesla Inc. asked a Delaware judge Thursday to dismiss shareholders' complaints over a compensation plan that could net CEO Elon Musk more than $50 billion over the next decade. A shareholder lawsuit filed last June alleges that Musk and Tesla's board of directors breached...

Japan's private rocket reaches outer space for first time

May. 4, 2019 1:33 AM EDT

TOKYO (AP) — A Japanese aerospace startup funded by a former internet maverick successfully launched a small rocket into space Saturday, making it the first commercially developed Japanese rocket to reach orbit. Interstellar Technology Inc. said the unmanned MOMO-3 rocket exceeded 100 kilometers (60 miles)...