GameStop jumps after hours as Elon Musk tweets out Reddit board that’s hyping stock

Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Tesla CEO Elon Musk seemed to rally behind GameStop‘s epic surge on Tuesday, tweeting out a link to the Reddit board that’s largely hyped the stock. Shares of GameStop, which … Read more

Elon Musk’s SpaceX launches 143 satellites on one spacecraft; sets the record for one single mission

The rocket carried 143 payloads of all shapes and sizes and was launched for space orbit. Elon Musk-led space company SpaceX has launched 143 satellites via one spacecraft on Sunday and has therefore set a new record for deploying the most number of spaceships on a single mission. The record was made as the company … Read more

Why some tech companies and billionaires are leaving California

While it may be an overstatement to say California is hemorrhaging people, some of the state’s major companies and wealthiest residents are leaving for states like Texas, Arizona and Florida. In 2020, Oracle, Palantir and Hewlett-Packard Enterprise were among the companies that announced they’re relocating their headquarters out of the Golden State. Wealthy individuals from … Read more

Tesla claims engineer stole secrets just days into the job

By Joel Rosenblatt A former Tesla Inc. software engineer was ordered to appear before a judge to face allegations that three days into his job, he started stealing confidential files and transferring them to a personal storage account. During his two-week employment ending Jan. 6, Alex Khatilov stole more than 6,000 scripts, or files of … Read more

U.S. vehicle safety agency asks Tesla to recall 158,716 older vehicles over touchscreen glitches

Customers look at a Tesla Motors Inc. Model X electric vehicle on display at the company’s showroom in Shanghai, China, on Tuesday, Sept. 12, 2017. Qilai Shen | Bloomberg | Getty Images The National Highway Traffic Safety Administration (NHTSA) asked Tesla in a letter on Wednesday to recall 158,716 of its Model S and Model … Read more

Elon Musk told his followers to ‘use Signal,’ leading to 1,100% surge in unrelated stock with similar name

Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory. In Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images When Tesla CEO Elon Musk urged his Twitter followers on Thursday to “use Signal,” he meant the encrypted messaging app. Some people appear to have taken … Read more

Tech’s top seven companies added $3.4 trillion in value in 2020

Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images Tech’s biggest companies just wrapped up a huge year. The seven most valuable U.S. technology companies — Apple, Microsoft, Amazon, Alphabet, Facebook, … Read more

Tesla tells employees Model S and X production will shut down for 18 days

Kuka robots work on Tesla Model X in the Tesla factory in Fremont, California, on Thursday, July 26, 2018. Mason Trinca | The Washington Post | Getty Images Tesla informed employees in its Fremont, California, factory on Friday that its Model S and Model X electric vehicle production lines will close from December 24th to … Read more

Texas governor says companies moving headquarters to the state has turned into a ‘tidal wave’

Texas Gov. Greg Abbott told CNBC on Friday that the number of companies deciding to move their headquarters to the Lone Star State has accelerated due in part to the coronavirus pandemic. The Republican governor’s comments came shortly after it was reported that software giant Oracle is moving its corporate center from Redwood City, California, … Read more

Tesla publishes its first ever diversity report revealing leadership is 83% male and 59% White

Vehicles pass the Tesla Inc. assembly plant in Fremont, California, U.S., on Monday, May 11, 2020. David Paul Morris | Bloomberg | Getty Images Elon Musk’s electric car and renewable energy company published its first ever diversity report late Friday. It said that Tesla has a “majority minority” U.S. workforce overall, but 83% of employees … Read more