Despite the headaches Tesla has faced from Elon Musk’s political antics, the company’s board just signed off on a new pay package for the CEO that is worth a whopping $29 billion. The new compensation terms come after a Delaware judge blocked a previous $55 billion compensation plan from 2018, siding with shareholders who argued […]
Elon Musk Gave Millions to Trump After Publicly Blowing Up Their Bromance
Newly disclosed federal filings show that Elon Musk gave President Trump’s super PAC $5 million and congressional Republicans $10 million during the same period when he was experiencing a very public meltdown over the president’s One Big Beautiful Bill. Onlookers have interpreted it as a sign that the Tesla billionaire was vacillating between taking shots […]
Elon Musk Is So Unpopular, He May Be Hurting the Entire EV Industry
Elon Musk’s increasingly controversial reputation among U.S. liberals has become so polarizing that it’s turning some away not just from Tesla, but from electric vehicles altogether. A new study published this week in the journal Nature examined whether perceptions of Musk have made Teslas more polarizing than other EVs. The researchers conducted a series of […]
Judge Accuses Elon Musk and Sam Altman of ‘Gamesmanship’ in Court
Elon Musk scored a small win in court on Tuesday in his case against Sam Altman, but the judge wasn’t impressed with either side’s tactics, reprimanding them for “gamesmanship.” Calling out both sides for having “repeatedly over-litigated the case,” U.S. District Judge Yvonne Gonzalez Rogers granted Musk’s motion to strike several of Altman’s defenses. This […]
Original Tesla Founder Is Sad That Musk Made a ‘Truck That Looks Like a Dumpster’
Unbeknownst to much of the public, Elon Musk did not actually start Tesla. Indeed, Musk was actually the company’s 4th CEO when he initially joined the company way back in 2008. While Musk can be credited with substantially transforming the firm and its offerings, its original co-founders, Martin Eberhard and Marc Tarpenning, launched Tesla in […]
Elon Musk Is Digging Tunnels Under Nashville
Somehow, Elon Musk keeps convincing cities to allow him to dig under them. The latest locale to give The Boring Company the rights to displace dirt directly under their feet is Nashville, Tennessee, which announced an agreement this week to allow Musk’s firm to build a 10-mile “loop” that will connect the city’s airport and […]
After Years of Promises, Tesla Says Its Cheaper Car Is Actually on the Way
For nearly a decade, it has been the holy grail for Tesla fans and the key to its mainstream future: a truly affordable electric car for the masses. After years of promises, delays, and speculation, the company confirmed on Wednesday that the long-awaited cheaper Tesla is finally moving from myth to reality. In its Q2 […]
Is Trump Trying to Get Back in Elon Musk’s Good Graces?
Elon Musk and Donald Trump joined forces before the 2024 presidential election to help each other out. Trump needed Musk’s money to buy votes and Musk needed Trump to decimate the federal government while making sure contracts with his own companies remained untouched. But the two men had a very messy falling out back in […]
Tesla Turns to a Classic Tactic to Spark a Buying Frenzy
If you’ve been thinking about buying a Tesla, the company has a direct and urgent message for you: the clock is ticking, and time is running out. During a conference call with analysts on Wednesday, Tesla’s Chief Financial Officer, Vaibhav Taneja, issued a stark warning to potential U.S. customers. The popular $7,500 federal tax credit […]
Tesla’s Nightmare Continues As Musk Warns of “Rough Quarters”Ahead
Tesla’s second-quarter earnings paint a grim picture: falling profits, slumping sales, and a reputation hit that keeps on hurting. The all-electric carmaker reported net income of $1.17 billion, down 16.3% from the same period in 2024. Revenue fell 12% to $22.5 billion from $25.5 billion a year earlier, marking Tesla’s second consecutive quarter of declining […]