Tag: musk
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‘I will nuke you’: Elon Musk was accused of shoving and threatening a former Tesla employee — but the company’s board says there was no physical altercation (TSLA)
Reuters Tesla’s board of directors investigated an incident between CEO Elon Musk and a former employee, the company confirmed on Friday. Bloomberg News first reported that the altercation, citing. Musk has been famous for a temperamental management style, according to many past reports. Tesla CEO Elon Musk was involved in an altercation with a former…
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EV Demand Cliff or Just a Blip? Tesla Deliveries Plummet 31% in First Quarter
Electric vehicle pioneer Tesla announced its first quarter delivery numbers last night — and the news is not good. After pulling out all the stops to deliver a record 90,700 automobiles last quarter, Tesla delivered only 63,000 cars this past quarter. That’s a drop of 31 percent; below the company’s below and moving-target advice analysts&rsquo expectations. Bloomberg's Model…
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SEC Asks Court to Hold Elon Musk in Contempt for Reckless Tweets
The Securities and Exchange Commission just asked a judge to hold Tesla CEO Elon Musk in contempt for reckless tweeting and breaking up the settlement stemming from Musk’s “420-funding-secured” episode. (Contempt filing here.) Musk settled with the SEC in September 2018 in response to some dubious $70 billion privatization claim. He had to step down as Tesla chairman…
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Will There Be Profits? A Guide to Tesla’s Crucial Earnings Call
After the bell, Tesla will reveal the facts of its own fourth-quarter financials — and perhaps offer some visibility. We should get the details of earnings, margins, gains (if any) and money flow at a make-or-break juncture for the industry-disrupting electric-vehicle builder. Back in August, Tesla CEO Elon Musk said, “I really wish to emphasize that…
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Tesla Cuts Workforce Again, This Time by 7%
Tesla CEO Elon Musk delivered employees a bad-news email on Friday, declaring a team cut of “approximately 7 percent. ” The layoff follows a 9 percent cut last June, amid a wider restructuring effort. The most recent reorganization information was buried in an email where Musk discussed the “voraciously aggressive ” industry where Tesla is trying…
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Tesla’s Quarterly Production Numbers Cap an Awesome, Amazing, Horrible 2018
Image Credit: Shutterstock When it comes to notions of Tesla and Elon Musk on Twitter and from the real world, there’s not a great deal of middle earth. Musk is a once-in-a-generation genius that has bested the automobile industry and will help humankind escape fossil fuels and then slip the bonds of our planet (at…
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Tesla Adds Oracle’s Larry Ellison and Walgreens’ Kathleen Wilson-Thompson to Its Board
EV builder Tesla added Oracle’s Larry Ellison and Walgreens’ Kathleen Wilson-Thompson to its board of directors, within the terms of its settlement with the SEC, successful December 27. The settlement (deadline here) stems in a August tweet where Tesla CEO Elon Musk maintained he had secured financing for a $70 billion go-private effort. Either Musk had pulled a huge…
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SpaceX is building a ‘test hopper’ Mars spaceship in Texas — and Elon Musk says it could launch by March
Chris Carlson/AP Elon Musk stated SpaceX is constructing a”test hopper” automobile in Texas that could launch by March or even April. The automobile is a squat variation of a full sized Starship spaceship — just one that is being designed to reach Mars as part of their Big Falcon Rocket system. Photos taken by locals…
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Elon Musk’s mission to solve LA’s ‘soul-destroying’ traffic problem has begun, but there’s turbulence ahead
Billionaire entrepreneur Elon Musk made a brief public appearance late on Tuesday to unveil the first tunnel completed by the underground transit venture he launched two years ago. Musk has advertised the proof-of-concept tunnel as a first step toward developing a high-speed subterranean network capable of whisking vehicles and pedestrians. The new tunnel was excavated…