Michael Bastasch on December 14, 2018 The Treasury Department announced it would phase out electric vehicle subsidies for Tesla buyers at the beginning of 2019, and by 2020, those tax subsidies would completely disappear. It’s an announcement the Treasury Department’s Internal Revenue Service (IRS) will be making more of in the coming years as automakers…
Chris White on December 10, 2018 Tesla CEO Elon Musk did not hold back his disdain of the Securities and Exchange Commission during a “60 Minutes” interview Sunday as the Silicon Valley company battles investigations targeting its founder. “I want to be clear. I do not respect the SEC,” Musk told the program’s host, Lesley Stahl….
Chris White Tesla CEO Elon Musk pushed back against claims he uses Twitter and other social media to seek revenge against journalists and his opponents. “I use my tweets to express myself,” the tech entrepreneur told “60 Minutes” co-host Lesley Stahl. “Some people use their hair. I tweet.” Musk also objected to claims that he uses the medium to…
by Chris White [social_warfare] NASA is ordering an investigation into SpaceX’s culture and commitment to safety after company CEO Elon Musk took a hit off a marijuana cigarette in September on a livestreamed podcast. The agency’s review will look at both Boeing and SpaceX, both of which are responsible for transporting astronauts to the International Space…
Chris White on August 7, 2018 Tesla suspended trading Tuesday after CEO Elon Musk cryptically suggested his willingness to take the automaker private following reports Saudi Arabia bought shares in the company. Musk told his Twitter followers that he has secured “funding” to take the company private at $420 per share, far more than the company’s…
Chris White on August 3, 2018 Analysts claim the electric vehicle industry is almost entirely dependent on the well-being of Tesla and CEO Elon Musk’s ability to weather deep financial headwinds. If Tesla fails to make inroads in the auto market, then things look bleak for the electric vehicle industry, according to Paul Ruiz, a…
Follow on Facebook and Twitter The Facebook pages for Tesla and SpaceX have been removed from Facebook. This isn’t a referendum on Elon Musk‘s space and automotive companies, but a referendum on Facebook. The removal came following following Twitter user Brian Action calling on people to delete Facebook. Elon Musk replied, asking what Facebook was…