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“#Elon Musk says ‘too many MBAs’ run American companies” To Elon Musk, MBA might as well stand for “misguided bum academic.” The billionaire Tesla chief thinks too many American companies are run by business-school graduates who care more about numbers than delivering for their customers. “I think there might be too many MBAs running companies,”…
“#Elon Musk has left California and moved to Texas” Silicon Valley ain’t booming like it used to be — and Elon Musk has gone to Texas. The eccentric tech tycoon, who in recent months has squabbled with California officials over coronavirus restrictions at Tesla’s electric-car factory, confirmed that he recently moved to the Lone Star…
“#Tesla to sell up to $5 billion in stock amid massive rally” Tesla announced plans Tuesday to sell up to $5 billion worth of stock in the electric-car maker’s latest bid to capitalize on a dizzying rally in its share price. In a securities filing, Tesla said it will sell the stock “from time to…
“#Elon Musk’s net worth surpasses $150B amid Tesla rally” Elon Musk’s fortune has now surpassed the $150 billion mark. The Tesla and SpaceX CEO, already the world’s second-richest man, reached the milestone Monday after Tesla shares surged more than 5 percent to a new, all-time high. The electric automaker’s stock has been on a tear…
“#Jim Chanos shrinks Tesla short, praises Elon Musk” Five years into his crusade against Tesla’s stock price, Jim Chanos is licking his wounds — and finally tipping his hat to Elon Musk. The 63-year-old short seller admitted on Thursday he has slashed the size of his bet against the electric car company near the end…
“#Elon Musk pledges to put humans on Mars by 2026” SpaceX may have only just put humans into space for the first time, but that isn’t stopping CEO Elon Musk from making bold new promises. The billionaire Tesla executive on Tuesday said that he is “highly confident” that SpaceX will be able to send humans…
“#Elon Musk says Tesla must focus on profits to avoid stock crash” Tesla’s stock is up nearly sixfold this year, and that makes Elon Musk nervous. The electric automaker’s CEO has told employees that the company must focus on its profit margins lest investors turn their backs on the shares. “Investors are giving us a…
“#Tesla probed over suspension problems in 115,000 vehicles” More than 100,000 Tesla vehicles are being investigated for potential safety problems by the US National Highway Traffic Safety Administration. At issue is the front suspension system for the 2015-2017 Model S and the 2016-2017 Model X, the NHTSA said Friday, with as many as 115,000 vehicles…
“#’Tesla’ is the Cure for the Common Biopic – /Film” (Welcome to The Quarantine Stream, a series where the /Film team shares what they’ve been watching while social distancing during the COVID-19 pandemic.) The Movie: Tesla Where You Can Stream It: Hulu The Pitch: A biopic of Nikola Tesla that avoids the standard biopic trappings. Why It’s Essential Quarantine Viewing: Tesla…
“#Tesla recalling more than 9,000 Model X cars” Tesla is recalling more than 9,000 Model X vehicles over concerns that parts of their roofs could fly off while the car is in motion. The electric SUVs have pieces of cosmetic trim on their roofs that are attached with urethane. The appliques were applied to some…