Tag: Elon Musk
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Musk on trial: Defends SolarCity, calls lawyer ‘bad human’
WILMINGTON, Del. (AP) — Tesla founder Elon Musk took to a witness stand Monday to defend his company’s 2016 acquisition of a troubled company called SolarCity against a lawsuit that claims he’s to blame for a deal that was rife with conflicts of interest and never delivered the profits he'd promised.
Tesla posts $438M 1Q profit on strong electric vehicle sales
DETROIT (AP) — Charged up by strong sales of its electric cars and SUVs, Tesla on Monday posted its seventh-straight profitable quarter.
Scrutiny of Tesla crash a sign that regulation may be coming
DETROIT (AP) — The fiery crash of a Tesla near Houston with no one behind the wheel is drawing scrutiny from two federal agencies that could bring new regulation of electronic systems that take on some driving tasks.
Tesla buys $1.5B in Bitcoin, will accept as payment soon
Tesla has invested around $1.5 billion in Bitcoin and said it plans to begin accepting the digital currency as payment for its high-end vehicles soon. The price of Bitcoin soared 15% to above $43,000 Monday.
Test flight of SpaceX’s Starship aborted at last second
The first high-altitude test flight of SpaceX’s futuristic Starship was aborted at the last second in Texas on Tuesday.
