Page 133 - Elon Musk

Elon Musk says new Tesla plants are 'money furnaces' losing billions

"Both Berlin and Austin factories are gigantic money furnaces right now," the chief executive officer said in a video interview with Tesla Owners of Silicon Valley posted online Wednesday

Musk's Boring Company wants to dig tunnel under Tesla Gigafactory Texas

The company has applied with the city of Austin to build a tunnel on the Tesla Gigafactory Texas property for the project "Colorado River Connector Tunnel"

Elon Musk says new Tesla plants are 'money furnaces' losing billions

"Both Berlin and Austin factories are gigantic money furnaces right now," the chief executive officer said in a video interview with Tesla Owners of Silicon Valley posted online Wednesday

Ex-employees sue Musk-run Tesla for mass layoffs, accuse for violating law

Electric car-maker Tesla has been sued by former employees who were sacked in the ongoing mass layoff at the company, accusing it of violating federal law in the US

Tesla to slash salaried staff by about 10% in the next three months

Overall reduction to be 3.5% as hourly staff expected to grow

Elon Musk's $44 bn deal gets unanimous endorsement from Twitter board

Shares rose about 3% to $38.98 before the opening bell Tuesday, far short of the $54.20 per-share that Musk has offered for each share

Qatar Economic Forum: Musk, Roubini, Goldman warn of US recession risk

SpaceX boss says 'a few unresolved matters' remain on Twitter deal

Tesla will cut salaried workforce by 10% over 3 months: Elon Musk

This would result in reducing Tesla's total headcount by roughly 3.5 per cent

Elon Musk warns of supply constraints; Doha gas deals at Qatar Forum

Tesla Chief Executive Officer Elon Musk told the Qatar Economic Forum that supply constraints are the biggest brake on the electric-car maker's growth

Tesla's German hiring hitting roadblocks over inadequate wages, says union

Skilled workers are getting around 20% less at the plant than at rival manufacturers with IG Metall wage agreements, the group added, citing its own analysis.

I will keep supporting and buying Dogecoin crypto, says Elon Musk

As all the leading cryptocurrencies get hammered, Tesla CEO Elon Musk has said he will keep supporting and buying Dogecoin, a cryptocurrency he has been vouching about for years.

Tesla, Elon Musk welcome to India but only as per govt policies: Minister

Elon Musk and Tesla are welcome to India but the government will not compromise in any way on the policy of Aatmanirbhar Bharat or self-reliant India, Union minister Mahendra Nath Pandey said on Saturday. American electric carmaker Tesla, which has been seeking reduction in import duties to sell its vehicles in India, will not manufacture its products locally unless it is allowed to first sell and service its cars in the country, company founder and chief executive Elon Musk had said last month. "Tesla will not put a manufacturing plant in any location where we are not allowed first to sell & service cars," Musk had said in a tweet responding to a user asking about Tesla's plans to set up a manufacturing plant in India. Addressing The Global Summit by TV9 on Saturday, the Minister for Heavy Industries and Public Enterprises said: "The government under the leadership of Prime Minister Modi has moved ahead swiftly on the Aatmanirbhar Bharat policy and received a very good response ..

SpaceX reported to fire employees critical of CEO Elon Musk: Report

SpaceX, the rocket ship company run by Tesla CEO Elon Musk, has fired several employees involved in an open letter that blasted the colourful billionaire for his behaviour, according to media reports

Musk, Tesla, SpaceX are sued for alleged Dogecoin pyramid scheme

Dogecoin was trading on Thursday at about 5 cents and is down about 67% this year

Elon Musk's SpaceX fires at least five for letter criticising him: Report

SpaceX is reported to have around five employees who have sent out a letter against CEO Elon Musk on grounds of making other staffs feel 'bullied'.

Dogecoin's investor sues Musk for $258 bn in US for illegal rackeetering

As millions of investors lose their hard-earned money in the global crypto meltdown, an American Dogecoin cryptocurrency investor has sued Elon Musk

Musk wants Twitter to be more like WeChat, to allow 'outrageous' comments

In his first direct call with Twitter employees, Elon Musk briefed them about his plans once he takes over the platform, including making it more like TikTok, WeChat and allowing outrageous comments

Musk hints layoffs at Twitter in future, says platform needs to get healthy

Tech billionaire Elon Musk has told Twitter employees that the platform "needs to get healthy" financially and bring down costs, suggesting that job cuts are likely in store

Tesla investor files suit against Elon Musk over 'toxic' work culture

A Tesla Inc. investor accused the electric-vehicle maker's officers and directors in a lawsuit of allowing a "toxic workplace culture" to fester at the company

Elon Musk tells Twitter employees headcount will be rationalised

At a virtual meeting, he told Twitter staff he wants to raise the service's user numbers to at least a billion people and said advertising would remain important for the company