TagElon Musk

Tesla Dumps 4 Board Members Amid Elon Musk’s SEC Feud

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Tesla dumped four members of its 11-member board of directors as part of a move to “streamline” the group to be more efficient. CEO Elon Musk will remain on the board, however. Tesla Wants to ‘Streamline’ Its Board Tesla made the surprise announcement in an April 18 SEC filing, where it revealed: “[We are] focusing on a phased streamlining of the size of the Board to...

Bitcoin Agnostic Elon Musk: ‘Cryptocurrency Is My Safe Word’

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Tesla CEO Elon Musk joked that “cryptocurrency is my safe word” in response to a Twitter beef over the true identity of mystery bitcoin founder Satoshi Nakamoto. Musk playfully made the remark after a crypto fan facetiously quipped that he’s annoyed because Australian entrepreneur Craig Wright isn’t suing him for denying that Wright is Satoshi. Entrepreneur Craig Wright...

SEC-Elon Musk Feud Rages: Official Insists Contempt Filing Was ‘Reasonable’

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The Securities and Exchange Commission clapped back at billionaire Elon Musk days after a federal judge refused to hold the Tesla CEO in contempt of a consent order regarding Musk’s Twitter use. Robert Jackson — one of five commissioners on the Securities and Exchange Commission — told reporters at an April 8 conference in Washington that the agency’s contempt filing...

Elon Musk Threatens to “Nuke” Ex-Tesla Employee

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Things might be far worse than they seem at Tesla Motors. Elon Musk reportedly threatened to “nuke” a former employee that resigned last year. The incident occurred last September, and Musk has been accused of physically assaulting the ex-employee. Elon Musk has been in and out of trouble over the last year. The fairy-tale story of Tesla Motors is beginning to look more like a mix between a film...