Elon’s Court-Approved Twitter-Sitter, Measles in LA, and More News

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The dust has finally settled on Tesla CEO Elon Musk's battle with the SEC, LA is under quarantine, and the US is falling behind in SIM-swap hacking. Here's the news you need to know in two minutes or less. Elon Musk is getting a stricter Twitter-sitter Musk and the SEC have reached a settlement in […]

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Tesla cuts car prices, shuts stores and shifts to online-only sales

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Elon Musk says move means electric vehicle manufacturer can sell Model 3 for $35,000 Tesla is closing most of its stores in a cost-cutting measure, so it can lower the starting price of its Model 3 to $35,000 (26,400). Tesla will close many of its stores but leave some open as galleries or information centres […]

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Elon Musk says ‘Teslaquila’ is ‘coming soon’ as Tesla files trademark

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Billionaire tweets visual approximation of bottle as company applies to use the name for tequila branded after the electric cars Elon Musk is hitting the bottle well, probably. Tesla has trademarked Teslaquila, a tequila branded after his electric car company. The product started as an April Fools joke when Musk claimed Tesla was going bankrupt […]

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This Week in the Future of Cars: Well Be Blunt About This

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We’re going fast…somewhere. This week was full of people and corporations making market-moving decisions. Not all seemed wise. Elon Musk did a 2.5-hour live interview, got peer pressured into smoking a blunt, and maybe didn’t inhale. Mercedes has a fully electric SUV coming out, and Chevy is prepping the country’s serious haulers for the intro […]

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Tesla lost nearly $8 billion in shareholder value this week and its board should be ashamed

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Over the last five days, Tesla shareholders watched the value of their stock decline by roughly 16 percent and saw nearly $8 billion in value erased, as the company’s celebrity chief executive, Elon Musk, had what amounts to a very public breakdown. Some Tesla board members are reportedly concerned about Elon Musk's workload and his […]

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Elon Musk shuffles Teslas executive team in email

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After a string of executive departures over the past several months that continued Friday with the resignations of two people in high-profile positions, CEO Elon Musk announced a series of promotions and job updates in an email sent to employees. To be clear, these are not new hires and some of these promotions were already […]

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Elon Musk and Tesla sued over ‘fraudulent scheme’ to go private

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Lawsuits say funding secured tweet broke securities laws and aimed to punish short-sellers Tesla and Elon Musk were sued twice on Friday by investors who say they fraudulently engineered a scheme to squeeze short-sellers, including through Musks proposal to take the electric car company private. The lawsuits were filed three days after Musk stunned investors […]

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Why Elon Musks SpaceX launch is utterly depressing | Nathan Robinson

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Elon Musk is right: silly and fun things are important. But some of them are an indefensible waste of resources Elon Musk Why Elon Musks SpaceX launch is utterly depressing Nathan Robinson Elon Musk is right: silly and fun things are important. But some of them are an indefensible waste of resources Wed 7 Feb […]

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Elon Musk’s $0 Salary Encapsulates the Legend of Tesla

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For a self-made billionaire, Elon Musk doesn’t seem to know much about making money—at least not for himself. The Tesla CEO's new compensation package, announced Tuesday, hinges on Musk's ability to transform the budding automaker into one of the world’s most valuable companies by producing long-term increases in market value, and revenue and profits. Musk […]

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