Elon Musk News

Buffett Has Eyes on Competitor Progressive, Not Car Makers Entering Insurance

Berkshire Hathaway Chair Warren Buffett said he isn’t worried about recent assertions by Tesla Chief Executive Elon Musk that the electric car maker could offer a more compelling insurance product than traditional auto insurers. “The success of the auto companies …

Tesla to Create Own Insurance Product, Says Musk

For the second time in three days, Elon Musk has shed light on how Tesla Inc. plans to take on massive industries outside the automotive and clean-energy realms. Tesla’s chief executive officer said during Tesla’s earnings call Wednesday that the …

Tesla Touts Its Safety Statistics

When it’s machine versus human, it’s more likely humans will be exchanging insurance information with other humans, according to data released by the electric car maker Tesla. In the first quarterly report on the safety of its autonomous vehicles, Tesla …

Tesla’s Debt Insurance Cost Rises After SEC Action Against CEO Musk

The cost to insure debt holdings in electric carmaker Tesla Inc. rose to its highest-ever level on Friday as the bond market reflected growing worries about a default, following the news that Chief Executive Elon Musk had been accused of …

Settlement with Tesla’s Musk Reflects SEC Strategy of Targeting Individual Executives

A high-profile settlement with Tesla Inc. Chief Executive Elon Musk exemplifies a recent push by the U.S. Securities and Exchange Commission to go after executives and not just their companies, securities law experts said. In the last week, the SEC …

Thai Soccer Boys’ Cave Rescuer Sues Musk for Defamation

Elon Musk, the chief executive of Tesla Inc., was sued for defamation on Monday for falsely suggesting that a British caver who helped rescue 12 boys and their soccer coach from a Thailand cave in July was a pedophile and …

Tesla CEO Musk Just Made It Easier for Shareholders to Sue: Viewpoint

On Monday morning, six days after Tesla CEO Elon Musk tweeted that he was thinking about taking the company private at $420 a share, with “funding secured” for the transaction, Tesla published a blog post in which Musk clarified his …

Tesla Seeks to Quell Doubts About Factory Workers’ Safety

Tesla Inc. would need to release more information than Elon Musk gave shareholders to set the record straight on the electric-car maker’s work-safety record, according to former occupational health officials who worked under the Obama administration. The rate of injuries …

SpaceX Lost Satellite on U.S. Mission Was Uninsured

U.S. taxpayers may end up paying for the missing satellite launched by Elon Musk’s Space Exploration Technologies Corp. that crashed into the ocean earlier this month, part of a classified U.S. government mission dubbed “Zuma.” Questions remain around the event, …

Tesla Workers in California Seek Safety Plan, Clarity on Pay

A group of Tesla Inc. workers in California have asked the electric car maker’s board to provide a plan to address employee safety and information on pay and promotion. The worker group, which hopes to become part of the United …