Continue Reading Billionaire Roundup: Elon Musk Drops Rap Single Are We Sure He Is Mentally Stable?

Billionaire Roundup: Elon Musk Drops Rap Single Are We Sure He Is Mentally Stable?

Spring has sprung and our favorite billionaires are out there…doing well, pretty much whatever the heck they want to be doing. Take, for example, billionaire Elon Musk, who both won’t…

Continue Reading Elon Musk says he's firing more than 3,000 Tesla staff because of pressure on profits and Model 3 production challenges

Elon Musk says he's firing more than 3,000 Tesla staff because of pressure on profits and Model 3 production challenges

Tesla is laying off 7% of its employees, according to an email CEO Elon Musk sent to workers on Friday that was later published on the company’s website. The job cuts…

Continue Reading Larry Ellison Discloses $1 billion Stake in Tesla

Larry Ellison Discloses $1 billion Stake in Tesla

Oracle Corp.’s Larry Ellison has disclosed a $1 billion stake in Tesla Inc. The holding in the luxury electric car-maker was revealed in a filing with the Securities & Exchange Commission. Billionaire…

Tesla Subpoenaed by SEC Over Model 3 Production Forecasts

Tesla said Friday in a regulatory filing that the U.S. Securities and Exchange Commission and Department of Justice are investigating projections made last year about Model 3 production rates. The…

Continue Reading Tesla Is Looking for a Manager to Handle Elon Musk

Tesla Is Looking for a Manager to Handle Elon Musk

Wanted: A seasoned executive with a steady hand, a passion for electric cars and the mettle to rein in a CEO with itchy Twitter fingers. That’s pretty much the job…

Elon Musk Just Got Sued by the Cave Diver He Called a ‘Pedo’

Elon Musk has been sued by a British cave explorer involved in rescue efforts to save a Thai youth soccer team, alleging he was defamed by the Tesla Inc.chief executive…