Latest Elon Musk News

A homeless with his little pet, bottom right, in front a store to rent for food, begs for alms while pedestrian walking past wearing face mask protection against the coronavirus, in Pamplona, northern Spain, Thursday, Jan. 21, 2021. (AP Photo/Alvaro Barrientos)

Oxfam urges radical economic rejig for post-COVID world

Jan. 25, 2021 12:09 PM EST

LONDON (AP) — Anti-poverty organization Oxfam warned Monday that the fallout of the coronavirus pandemic will lead to the biggest increase in global inequality on record unless governments radically rejig their economies. In a report geared to inform discussions at the World Economic Forum’s online...

FILE - In this Oct. 27, 2019, file photo, Dave Chappelle arrives at Kennedy Center for the Performing Arts for the 22nd Annual Mark Twain Prize for American Humor presented to Dave Chappelle, in Washington. Chappelle tested positive for the coronavirus just before his comedy show scheduled for Thursday, Jan. 21, forcing his upcoming appearances to be canceled, a spokeswoman said. (Photo by Owen Sweeney/Invision/AP, File)

Dave Chappelle tests positive for COVID-19; shows canceled

Jan. 22, 2021 1:09 AM EST

AUSTIN, Texas (AP) — Dave Chappelle tested positive for the coronavirus just before his comedy show scheduled for Thursday, forcing his upcoming appearances to be canceled, a spokeswoman said. Chappelle was expected to perform Thursday through Sunday at Stubb's Waller Creek Amphitheater in Austin, Texas....

FILE - In this April 18, 2020, file photo, tents line a sidewalk on Golden Gate Avenue in San Francisco. A coalition in California is proposing legislation to boost taxes on wealthy multi-national corporations to raise more than $2 billion a year to end homelessness. Supporters say Assembly Bill 71, if approved, would

Proposed corporate tax hike in California would aid homeless

Jan. 13, 2021 6:20 PM EST

SAN FRANCISCO (AP) — A California coalition is proposing legislation to boost taxes on wealthy multinational corporations to raise more than $2 billion a year to house tens of thousands of homeless people, addressing what has become a worsening problem in the country's most populous state. Supporters say...

A man walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Tuesday, Jan. 5, 2021. Asian shares were mostly lower Tuesday, echoing pullbacks on Wall Street, as worries grew about surging coronavirus cases in the region, with Japan preparing to declare a state of emergency. (AP Photo/Vincent Yu)

Asian stocks track Wall St retreat as COVID caseloads surge

Jan. 4, 2021 10:20 PM EST

TOKYO (AP) — Asian shares were mostly lower Tuesday, echoing pullbacks on Wall Street as worries grow about surging coronavirus cases in the region. Japan's benchmark Nikkei 225 edged 0.1% lower in morning trading to 27,232.38, as the government was preparing to declare a state of emergency in Tokyo and...

Tesla's annual sales up 36% but comes short of delivery goal

Jan. 2, 2021 10:25 AM EST

NEW YORK (AP) — Tesla's annual sales rose 36%, but the electric car company came short of its annual goal to deliver 500,000 vehicles. The company said Saturday that it delivered 499,500 for the year, including 180,570 SUVs and sedans for the October through December period. CEO Elon Musk set a goal of...

Angela Rasmussen, a Seattle-based virus researcher affiliated with Georgetown University in Washington, D.C., poses for a photo, Wednesday, Dec. 30, 2020, at a school near her home in Seattle. In another time, experts like Rasmussen would have enjoyed the esteem, respect and relative obscurity afforded by academia. But for better or worse, COVID-19 has thrust virologists, epidemiologists and other normally low-profile scientists into the pop culture crucible this year. (AP Photo/Ted S. Warren)

They were experts in viruses, and now in pitfalls of fame

Dec. 31, 2020 8:01 AM EST

BOSTON (AP) — Dr. Ashish Jha started 2020 thousands of miles from home, taking a sabbatical in Europe from his academic post at Harvard. Then the coronavirus pandemic arrived in the U.S. Jha, an expert on pandemic preparedness, returned to Massachusetts, and his blunt talk on the unfolding disaster was...

FILE - In this Tuesday, Dec. 1, 2020, file photo, SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer media award, in Berlin. In a tweet Tuesday, Dec. 22, 2020, Musk said he once considered selling the electric car maker to Apple, but the iPhone maker’s CEO Tim Cook blew off the meeting. (Hannibal Hanschke/Pool Photo via AP, File)

Musk: Apple CEO didn't take meeting about buying Tesla

Dec. 22, 2020 7:46 PM EST

Tesla CEO Elon Musk says he once considered selling the electric car maker to Apple, but the iPhone maker’s CEO blew off the meeting. In a tweet Tuesday, Musk said he reached out to Apple CEO Tim Cook “to discuss the possibility of Apple acquiring Tesla (for one-tenth of our current value). He...

FILE- In this Nov. 8, 2020, file photo, an unsold 2021 S70 sedan sits at a Tesla dealership in Littleton, Colo. Tesla will join the S&P 500 on Monday, Dec. 21, 2020, after a streak of profitable quarters helped push its stock price up over 700% this year.  (AP Photo/David Zalubowski, File)

High-flying Tesla stock takes a hit on 1st day in S&P 500

Dec. 21, 2020 4:43 PM EST

DETROIT (AP) — In the middle of last year, Tesla's losses were piling up, sales weren't enough to cover expenses and big debt payments loomed. The situation was so bad that one influential Wall Street analyst raised the possibility that Tesla wouldn't be able to pay its bills and would have to be...

Tesla joins S&P 500, consumer confidence, new home sales

Dec. 21, 2020 1:00 AM EST

A look at some of the key business events and economic indicators upcoming this week: TESLA JOINS S&P 500 Electric car maker Tesla is set to become the biggest company ever to join the S&P 500 index. S&P Dow Jones Indices will add the company Monday morning. Shares in Tesla, led by Elon Musk, have...

FILE - This Thursday, Nov. 14, 2013, file photo, shows the main entrance of the Lockheed Martin plant in Goodyear, Ariz. In a deal announced Sunday, Dec. 20, 2020, Lockheed Martin is buying rocket engine manufacturer Aerojet Rocketdyne Holdings for $4.4 billion in a deal that brings together companies that already had been working together in the aeronautics industry. (AP Photo/Matt York, File)

Lockheed Martin strikes $4.4B deal to buy Aerojet Rocketdyne

Dec. 20, 2020 9:14 PM EST

BETHESDA, Md. (AP) — Lockheed Martin is buying rocket engine manufacturer Aerojet Rocketdyne Holdings for $4.4 billion in a deal that brings together companies that already had been working together in the aeronautics industry. The acquisition announced late Sunday is part of Lockheed Martin's attempt to...