Why Musk aimed high on Tesla’s stock price

September 28, 2018 Leave a comment

This image provided by Tesla Motors shows the Tesla Model 3 sedan. Electric automaker Tesla has produced its first Model 3 sedan, a highly anticipated car because it carries a relatively low sticker price. On Saturday, July 8, 2017, CEO Elon Musk tweeted pictures of the car, which will cost $35,000 and can travel 215 miles on a single electric charge. A $7,500 federal tax credit for electric vehicles would lower the cost to $27,500. (Courtesy of Tesla Motors via AP)

The things a chairman and CEO of a company will do for love.

Tagged with: Elon Musk lawsuit securities and exchange commission Tesla

Tesla without Musk at the wheel? It’s what the SEC now wants

September 28, 2018 Leave a comment

Billionaire entrepreneur Elon Musk says he has ‘verbal government approval’ to build a Hyperloop between New York and Washington. (Evan Vucci/AP file photo)

The Securities and Exchange Commission has asked a federal court to oust Elon Musk as Tesla's chairman and CEO, alleging he committed securities fraud with false statements about plans to take the company private.

Tagged with: Elon Musk securities and exchange commission Tesla

Christine Emba: Sorry, Elon and Kylie. We’re waking up.

July 19, 2018 Leave a comment

Last week was a big one for billionaires. Kylie Jenner, kid sister of reality-television star Kim Kardashian, scored a Forbes magazine cover extolling her efforts at the helm of her makeup company, valued by the magazine at $800 million. The ...

Tagged with: billionaires Elon Musk kylie jenner wealth disparity

Elon Musk hyperloop may have terminus near Camden Yards

December 14, 2017 Leave a comment

Elon Musk’s digging company, Boring Co., could start the construction of hyperloop tunnels, terminating near West Pratt and South Paca streets in Baltimore, as early as January.

Tagged with: Baltimore Boring Co. Camden Yards Elon Musk Hyperloop

Md. hyperloop announcement spurs surprise and questions

October 20, 2017 Leave a comment

An undated photo of a boring machine, called Godot. (The Boring Co. photo)

The announcement of a surprise cutting-edge transportation project in Maryland is leaving a growing list of questions in its wake. Gov. Larry Hogan’s announcement Friday touted what could be the first leg of entrepreneur Elon Musk’s dream of building a ...

Tagged with: Elon Musk Hyperloop

Elon Musk says he has ‘verbal govt approval’ for DC-NYC Hyperloop

July 20, 2017 Leave a comment

From left, White House Senior Adviser for policy Stephen Miller, Jeff Fettig, CEO of Whirlpool, Elon Musk, CEO of SpaceX and Tesla Motors and Kevin Plank, founder, CEO and Chairman of Under Armour, wait for President Donald Trump, who hosted a breakfast with business leaders, in the Roosevelt Room of the White House in Washington, Monday, Jan. 23, 2017. (AP Photo/Pablo Martinez Monsivais)

Transportation pioneer Elon Musk has been known to talk big and sometimes overpromise. But on Thursday, the Tesla chief and rocket builder took it up a notch, offering a tantalizing but so-far undocumented announcement that his tunnel-boring company had received ...