musk

That’s some pay raise. Tesla CEO Elon Musk added a whopping $5 billion to his net worth on Monday thanks to Tesla’s never-ending stock rally, allowing him to finish the day as the fifth-richest person in the world with a net worth of $74.2 billion. Musk, who as recently as a few weeks ago was …

The FBI is reportedly investigating a major Twitter hack and bitcoin scam that compromised the accounts of big business and political figures including Joe Biden, Bill Gates, Elon Musk and Barack Obama. The bureau is looking into the hack — which was reportedly carried out with the help of a Twitter insider — to see …

Over a dozen high-profile Twitter accounts, including Joe Biden and Elon Musk, appear to have been hacked on Wednesday as part of an apparent scam that promised free bitcoins to tens of millions of users. “Feeling greatful, doubling all payments sent to my BTC address!,” read the a since-deleted tweet on Musk’s account, which misspelled …

Tesla is planning to temporarily shut down its Fremont factory for upgrades, a move that arrives just a day after reports emerged that coronavirus cases were surging at the plant. The closure, which is expected to come at the end of the month according to Tesla blog Electrek, is necessary to install new heavy machinery …

Texas officials are ready to give Tesla millions of dollars in tax breaks to build its next factory in the Austin area. Commissioners in Travis County voted Tuesday to give Elon Musk’s electric-car maker at least $14.7 million in property tax rebates if it spends at least $1.1 billion on the proposed plant near the …

More than 1,500 Tesla workers have been infected or come in contact with someone who was infected with the coronavirus in recent months, according to a new report. The majority of the cases popped up at Tesla’s Fremont, Calif. factory, according to Tesla blog Electrek. The facility was the focal point of a standoff between …

Germany has banned Tesla from repeating what a court says are misleading advertising statements relating to the capabilities of the firm’s driver assistance systems and to autonomous driving, a Munich judge ruled on Tuesday. Tesla can appeal the ruling. The case was brought by Germany’s Wettbewerbszentrale, an industry-sponsored body tasked with policing anti-competitive practices. The …

Amber Heard had bruises on her neck the night after Elon Musk apparently spent the night at her pad, according to testimony and witness statements Monday. The actress has claimed that she suffered injuries at the hands of former hubby Johnny Depp, who allegedly “wound up his arm like a baseball pitcher’’ and threw her …

Shares of Tesla continued their seemingly endless growth on Monday, climbing as much as 14 percent as investors bet on the stock’s possible inclusion in the S&P 500 index. Tesla reports quarterly earnings next week. If it posts a profit that meets generally accepted accounting principles, it will have four consecutive profitable quarters under its …

Elon Musk is still backing Kanye West for president despite tweeting that they may have “differences of opinion” following a wild interview the rapper gave to Forbes. Musk exclusively told Page Six: “Kanye explained afterward some of the reasoning behind why he said what he said. It makes more sense than many people, including me, …