SpaceX To Reduce Its Workforce By About 10%

Elon Musk’s rocket company SpaceX said it will reduce its workforce by about 10% of the company’s more than 6,000 employees. The company said it will part ways with some of its manpower, citing extraordinarily difficult challenges ahead. “To continue delivering for our customers and to succeed in developing interplanetary spacecraft and a global space-based Internet, SpaceX must become a […]

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Tesla Names Larry Ellison and Kathleen Wilson-Thompson to Its Board

Tesla added Larry Ellison, executive chairman and founder of the software giant Oracle, and a senior executive at Walgreens Boots Alliance to its board of directors, fulfilling a key provision of a settlement with the Securities and Exchange Commission. The board added Mr. Ellison, who bought three million shares of Tesla stock earlier this year, and Kathleen Wilson-Thompson, who is […]

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Elon Musk: 'Twitter's a war zone,' so 'let's go!'

Billionaire Tesla CEO Elon Musk defended his sometimes aggressive and controversial use of Twitter on Sunday’s “60 Minutes” on CBS. “Twitter’s a war zone. If somebody’s gonna jump in the war zone, it’s, like, ‘Okay, you’re in the arena. Let’s go!’” Musk told Leslie Stahl. Stahl had specifically pointed out Musk’s tendency to engage with reporters: “You kind of have […]

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Tesla shares crossed a key milestone, potentially saving the company a lot of money

Shares of Tesla are trading above the conversion price on $920 million in debt due in March 2019. It is the first time the stock has closed above that price since CEO Elon Musk’s infamous “funding secured” tweet. Tesla’s shares hit a key milestone on Thursday that considerably eases pressure on the company. Shares closed around $363 on Thursday, higher […]

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Elon Musk's next SpaceX launch will take these teens' science projects to space

More than 250 science and research projects will be on board Elon Musk’s SpaceX’s Dragon spacecraft Wednesday as it travels to the International Space Station for a resupply mission. Of those hundreds of projects, two stand out. They are led by teens and loosely inspired by the popular “Guardians of the Galaxy” movies. Young scientists Sarina Kopf, 18 and Adia […]

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Police in the San Francisco Bay Area took an unusual approach to stop a Tesla operating on Autopilot as a drunk driver slept behind the wheel

Police in the Northern California town of Redwood City arrested a man they found sleeping behind the wheel of his Tesla Model S as it drove down a highway early Friday morning. The electric luxury sedan had been traveling south on Highway 101, going about 70 mph, California Highway Patrol Officer Art Montiel told Business Insider. Montiel said officers believed […]

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Elon Musk said Tesla owners will be able to use their phones to summon their vehicles from 'across the continent' in a few years

Tesla owners will be able to summon their vehicles with their phones “from across the continent” in a few years, CEO Elon Musk said on Wednesday via Twitter. “You can summon your Tesla from your phone. Only short distances today, but in a few years summon will work from across the continent,” he said. Tesla did not immediately respond to […]

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