Elon Musk

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Bumble, Match Will Cover Abortion Costs in Texas

Companies act in response to restrictive new law

(Newser) - Two companies behind some of the most popular dating apps in the US are stepping up to help Texans access abortion services in response to a new law that opponents say will block about 85% of abortions. Austin-based Bumble, led by CEO Whitney Wolfe Herd, said this week that it...

Partially Automated Tesla Hits Police Car on Highway

Narrowly missed cop

(Newser) - A Tesla using its partially automated driving system slammed into a Florida Highway Patrol cruiser Saturday on an interstate near downtown Orlando and narrowly missed its driver, who had pulled over to assist a disabled vehicle, per the AP . Earlier this month, the US government opened a formal investigation into...

Tesla Wants to Sell Electricity in Texas
Tesla Applies
to Join Texas' Grid
Aug 27, 2021 5:07 PM CDT

Tesla Applies to Join Texas' Grid

Company's giant batteries would let it store power to sell if the lights go out again

(Newser) - Elon Musk has said part of the reason the Texas power grid had such a catastrophic failure last winter is that it has no way to store electricity. The Tesla CEO might think he has the answer; a subsidiary of his company has filed an application with the Texas Public...

Elon Musk's Humanoid Bots Are Headed Our Way

Prototype for the 'Tesla Bot' is due out 'sometime next year,' says CEO

(Newser) - Will Elon Musk soon have his own Westworld-style theme park ? Things probably won't get that far, but you can't blame the thought from arising after an announcement this week from the Tesla CEO. That reveal, made at Thursday's AI Day in California, per CNBC : The company...

Bezos to NASA: Let&#39;s Make a Deal on the Moon
Jeff Bezos
Makes NASA
a $2B Offer
Jul 27, 2021 7:57 AM CDT

Jeff Bezos Makes NASA a $2B Offer

Ex-Amazon CEO wants to again compete in moon race against SpaceX

(Newser) - If Elon Musk thought he had the sole lock on building NASA's next lunar landing vehicle, there may be a new wrench in the works. In April, the space agency announced it was offering Musk's SpaceX a $2.9 billion contract to build the spacecraft that will take...

Tesla Earnings Call Reveals a Big Milestone

Company's quarterly profit goes over the $1B mark for the first time

(Newser) - Tesla's quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer's ability to navigate through a pandemic-driven computer chip shortage that has caused major headaches for other automakers. The financial milestone announced Monday extended a two-year run of prosperity that has erased...

Musk to Opposing Lawyer: 'You Are a Bad Human Being'

He defends Tesla's acquisition of SolarCity

(Newser) - 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....

Richard Branson's 3am Visitor Before Space Flight: Elon Musk

Tesla founder stopped by Branson's kitchen

(Newser) - Richard Branson got a visit from another billionaire in the wee hours of Sunday, just before his historic trip to space: Elon Musk. The Virgin Group founder tweeted a photo of himself with the (barefoot) Tesla founder two hours before the flight launched, Business Insider reports. Branson later explained at...

Aircraft Entered 'Keep Out Zone,' and Musk Is Pissed

Says space regulations aren't keeping up with the times

(Newser) - A Tuesday SpaceX launched ended up being scrubbed 11 seconds prior to liftoff due to a wayward helicopter, and Elon Musk is displeased. "An aircraft entered the 'keep out zone', which is unreasonably gigantic," he tweeted after the snafu. "There is simply no way that humanity...

Tesla Issues Warning to 285K Chinese Drivers

Thousands of the electric cars may experience dangerous cruise-control problems

(Newser) - Tesla has taken steps to avoid further bad press in China, where owners of 285,000 of the electric vehicles have been told they must update their car software in order to fix a potentially dangerous cruise-control issue. Per the Wall Street Journal , China's State Administration for Market Regulation...

ProPublica Gets Tax Details on the Richest of the Rich
ProPublica Gets Tax Details
on the Richest of the Rich
investigation
Jun 8, 2021 12:46 PM CDT

ProPublica Gets Tax Details on the Richest of the Rich

And finds that they pay a tiny fraction of their wealth in taxes

(Newser) - The richest Americans might complain about the federal government's tax bite, but an investigation by ProPublica reveals a compelling counterpoint. The very rich pay only a "tiny fraction" of their wealth in federal income taxes. And that's in stark contrast to Americans who live paycheck to paycheck,...

SEC Not Happy With 2 of Elon Musk's Tweets: Report

'Wall Street Journal' reports on previously undisclosed correspondence

(Newser) - The Securities and Exchange Commission believes Tesla CEO Elon Musk has twice violated a court order requiring the company's lawyers to approve certain tweets about Tesla before he posts them, according to documents obtained by the Wall Street Journal . Regulators sent letters to Tesla in 2019 and 2020 saying...

Fake Elon Musks Make Millions in Bitcoin Scams
FTC: Beware Fake Elon Musks
May 18, 2021 8:43 PM CDT

FTC: Beware Fake Elon Musks

Bitcoin scammers have stolen millions by impersonating Tesla CEO

(Newser) - Cryptocurrency scams involving fake Elon Musks have cost people a lot of real money. The Federal Trade Commission says crypto scams have surged along with the value of the digital currencies. The FTC says that between October and March, it received more than 7,000 complaints about scams involving Bitcoin...

Elon Musk Crashes Bitcoin With Tesla News

Company won't be accepting BTC payments anymore

(Newser) - Bitcoin prices fell as much as 14% after a Wednesday tweet from Elon Musk with big news: Tesla will no longer accept Bitcoin payments. "We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,...

Elon Musk Tanks Dogecoin, Self-Owns on SNL

Some jokes have real-life consequences

(Newser) - Eccentric tech billionaire Elon Musk hosted the May 8 Saturday Night Live, when he kicked things off with a monologue alongside his mom, revealed some personal info for the first time, managed to tank an entire crypto-currency, and squeeze in some self-owns in the show's first episode to ever...

Cast Members Speak Out on Musk's SNL Appearance

Musk says backlash is 'much ado about nothing'

(Newser) - Elon Musk is hosting Saturday Night Live on May 8 and while some cast members have joined the backlash , Michael Che says it's "gonna be exciting." "The show’s on 46 years and people still care about who’s being booked. I think that’s kind...

Elon Musk Is Set to Host SNL. Controversy Has Ensued

Some claim that the backlash over billionaire's May 8 appearance may have been intentional for ratings

(Newser) - An announcement over the weekend that Elon Musk will host Saturday Night Live on May 8, along with musical guest Miley Cyrus, caught many by surprise—and it wasn't entirely a pleasant one. Newsweek notes that fans blasted the show, and creator Lorne Michaels, for the decision to let...

Elon Musk Adding Something Unexpected to Resume

Billionaire will host SNL

(Newser) - Elon Musk is again doing something unlikely for one of the world's richest people : hosting Saturday Night Live. As the AP notes, it's not a typical choice for the sketch comedy show, either. But the timing may be just right for the self-anointed "Technoking" of Tesla, whose...

After Crash, Team Tricks Tesla's Autopilot

Consumer Reports engineers make car go without anyone in the driver's seat

(Newser) - After two people were killed over the weekend when a Tesla hit a tree in Texas, local officials said the car apparently was on autopilot when it crashed , without anyone in the driver's seat. When CEO Elon Musk tweeted that it looked like autopilot wasn't engaged and couldn'...

'At Least the Crater Is in the Right Place' After Starship Test

Another prototype bites the dust

(Newser) - SpaceX chalked up another failed landing Tuesday for its futuristic, bullet-shaped Starship, as the prototype Mars rocket broke apart right before touchdown. A camera on the rocket froze not quite six minutes into the test flight, and dense fog in South Texas obscured views of the ruptured rocket. Other video...

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