Tesla CEO Elon Musk is pushing back against hearsay by stating that Full Self-Driving (FSD) had not been downloaded on a Model 3 that was involved in a fatal crash in May 2022. The driver of the ill-fated vehicle, Hans von Ohain, who was a Tesla employee, passed away with a blood alcohol level of […]
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US Magistrate Judge Laurel Beeler has ordered Tesla CEO Elon Musk to testify in the US Securities and Exchange Commission’s (SEC) probe of his acquisition of social media platform Twitter, which was later rebranded to X. As per the federal court ruling, which was released on Saturday, Musk and the SEC are given a week […]
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The Boring Company (TBC) will switch its state of incorporation to Nevada by March 2023. The tunnel boring company is the second Elon Musk-led company to announce a switch in its state of incorporation this past week. Like most Elon Musk-led companies, including Tesla, the Boring Company was previously incorporated in Delaware. Over the weekend, […]
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Following Elon Musk’s recent statements opposing incorporating companies in Delaware, a report has now said that his brain implant company Neuralink has switched its incorporation to Nevada. After a Delaware judge ruled against Musk’s compensation plan as part of a 2018 lawsuit, the Tesla, SpaceX and Neuralink leader has been outspoken about the fact that […]
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The biggest winners in the case against Tesla CEO Elon Musk and his pay package that was thrown out by a Delaware Chancery Court Judge will be the lawyers who tried and won the case. In late January, we reported on Musk’s nearly $56 billion pay package that he earned by delivering on several tranches […]
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Elon Musk’s Musk Foundation will support the Vesuvius Challenge, a project that aims to recover ancient texts. The Vesuvius Challenge is a project attempting to recover a 2,000-year-old collection of scrolls called the Herculaneum Papyri. The collection of papyrus scrolls is the most extensive surviving library from the Greco-Roman world. Recently, YoussefNader, Julian Schilliger, and Luke Farritor won the […]
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Tesla (NASDAQ: TSLA) price targets were dropped by several firms due to varying reasons, but some feel like a reach. It is no secret Tesla stock has been beaten and battered so far this year. As of February 6, shares are down over 25 percent, and the slide truly started to get intense after the […]
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Tesla has decided to launch a dedicated advertising campaign on X in the United States. It appears to be proof of an expansion of a “small scale” strategy that CEO Elon Musk outlined last year. Tesla has been against advertising for a long time, and CEO Elon Musk has said that money spent on ads […]
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Following the rescindment of CEO Elon Musk’s pay package, Tesla is considering moving its incorporation status from Delaware to Texas, and it is just one step away from doing so. Earlier this week, we covered Musk’s pay package and how a Shareholder who challenged it in court won based on Delaware Chancery Court Judge Kathaleen […]
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Former 2024 Presidential Candidate Vivek Ramaswamy has commented on the situation involving Elon Musk and his pay package that was rescinded by a Judge in Delaware. Ramaswamy called the decision “a threat to the future of capitalism.” Yesterday, Delaware Chancery Court Judge Kathaleen McCormick ruled that Musk’s massive pay package, which he unlocked through helping […]
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