Tesla Motors

‘I think I need to stabilize the organization and just make sure it’s in a financial healthy place,’ the billionare said

The company’s CEO Elon Musk has taken a hard line against organized labor

The car reached 67 mph (108 kilometers per hour) two seconds before hitting the second of two trees at 57 mph

The nine-member jury reached its verdict after less than two hours of deliberation following a three-week trial

The third-richest man in the world’s net worth halved in a week after he was accused of market manipulation by a US firm specializing in ‘man-made disasters’

Depending on the verdict, the billionaire and the electric automaker that he runs could be facing more financial fallout for his unpredictable behavior on the Twitter platform

The electric vehicle maker cautioned that if the government decides to pursue an enforcement action, it could possibly have a material adverse impact on its business

The two haven’t had the smoothest of relationships with the president, a big supporter of labor unions, disappointed by the Tesla owner’s refusal to allow them into his factories

Elon Musk said that despite price cuts of up to 20% on some vehicles announced earlier this month, demand for the comany’s products is strong

The billionaire spent much of Tuesday depicting himself as an impeccably trustworthy business leader capable of raising as much money as he needs to pursue his visions

The billionaire is facing a class action lawsuit filed by investors alleging he misled them with a tweet saying funding was secured to take his electric car company private

On Friday, the impulsive billionaire said that tweeting is “most democratic way” to communicate with investors

The case is focused on two August 2018 tweets that the billionaire posted on the Twitter service that he now owns

The judge and the lawyers ended up grilling seven of those jurors, who described the billionaire as ‘arrogant,’ ‘narcissistic,’ ‘unpredictable,’ ‘a little off his rocker,’ ‘a mercenary’ and ‘a genius’

Judge Edward Chen rejected the billionaire’s bid to transfer the case to a federal court in Texas, where the company moved its headquarters in 2021

The electric car company has lost more than 70% of its value on the stock market and analysts doubt that it can maintain its market share in the long term

The company dropped prices nearly 20% in the United States on some versions of the Model Y SUV, its top seller

In Las Vegas, congestion means that cars are forced to move along at a snail’s pace. The Tesla CEO wants to change the status quo, with special routes for electric vehicles

The business magnate’s net value dropped significantly due to Tesla’s stock crash, while other tech chiefs also saw major losses, according to the Bloomberg Billionaires Index

Businessmen and industry representatives say that the electric car factory’s anticipated arrival in Nuevo León confirms that the northern state is an important focus of the Mexican automotive industry

After a turbulent two months at the helm of the social media company, the Tesla and SpaceX founder ran a vote of confidence on the app and has now agreed to abide by the results after 57% of people said he should step down

The Twitter owner said pending FDA approval a procedure to insert a semiconductor allowing the brain to connect with a computer via Bluetooth could be tested in six months

Ashlee Vance, the author of a biography on the richest man in the world, shares his thoughts about the controversy surrounding the magnate’s management of Twitter

The Tesla founder reportedly gave staff until November 7 to launch a paid subscription model if they did not want to be fired