Elon Musk News Updates

BusinessFuelAutonomous

Tesla Stock Wipes Out Gains for the Year

Tesla Inc. shares wiped out their year-to-date gains Feb. 23 and briefly traded below the level where they were when the electric carmaker entered the S&P 500 Index in December.

February 23, 2021
BusinessTechnologyAutonomous

Bitcoin Surges to Almost $45,000 After Tesla Discloses Purchase

Bitcoin surged to an all-time high after Tesla Inc. said it has invested $1.5 billion, the biggest endorsement of the controversial cryptocurrency by a mainstream company.

February 8, 2021
BusinessFuel

Elon Musk’s SpaceX Plans to Drill for Natural Gas Near Texas Launchpad

Elon Musk recently moved to Texas, where he launches some of his rockets and is building a battery factory. Now, for good measure, he plans to drill for natural gas in the state.

January 22, 2021
BusinessTechnologyFuelAutonomous

Tesla’s Elon Musk Debates How to Give Away World’s Biggest Fortune

Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: $208 billion as of Jan. 8. What he does with it will be closely watched.

January 8, 2021
BusinessTechnologyAutonomous

Tesla’s Elon Musk Now World’s Richest Person

Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet.

January 7, 2021
BusinessTechnologyFuelAutonomous

Elon Musk Cruises to $11.8 Billion Haul, Is Now World’s Fourth-Richest Person

Tesla Inc.’s Elon Musk collected the fourth tranche of his moonshot award this month, bringing his aggregate haul to $11.8 billion.

October 26, 2020
BusinessTechnology

Elon Musk’s Wealth Now Exceeds $100 Billion

Three of the world’s richest people have achieved staggering new levels of personal wealth, including Tesla’s Elon Musk.

August 26, 2020
Business

Elon Musk Says Time to Break Up Amazon, Fueling Jeff Bezos Feud

Tesla Inc. CEO Elon Musk said it’s “time to break up Amazon” in a tweet June 4, escalating a rivalry with Amazon.com Inc. CEO Jeff Bezos, another billionaire investing in space exploration.

June 5, 2020
BusinessTechnology

Tesla Sets Deliveries Record While Falling Short of Elon Musk’s Mark

Tesla Inc. set another record for quarterly vehicle deliveries but fell short of a mark Elon Musk said was possible last week, sending the electric carmaker’s shares lower in late trading.

October 2, 2019
BusinessTechnology

Tesla Revenue Seen Stalling Out as Musk Aims for Delivery Record

Analysts at Credit Suisse and RBC Capital Markets are among those predicting Tesla will post lower revenue for the third quarter than a year ago. If there is indeed a decline, it will be a first for the company since 2012 — the year the Model S started production.

September 30, 2019