Latest Elon Musk News

Tesla recalling nearly 4,000 Cybertrucks because accelerator pedal can get stuck

Apr. 19, 2024 11:28 AM EDT

Tesla is recalling 3,878 of its 2024 Cybertrucks after it discovered that the accelerator pedal can become stuck, potentially causing the vehicle to accelerate unintentionally and increase the risk of a crash. The accelerator pedal pad may dislodge and become trapped by the interior...

Tesla shares tumble below $150 per share, giving up all gains made over the past year

Apr. 18, 2024 14:08 PM EDT

Tesla's stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers. Shares in the Elon Musk-owned company slid nearly 4% in intraday trading Thursday,...

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...