DETROIT (AP) — After promising on Twitter, Tesla CEO Elon Musk has sold about 4.5 million shares of the electric car maker’s stock, raising over $5 billion. About $1.1 billion will go toward paying tax obligations for stock options. The sales were disclosed in 10 regulatory filings late Wednesday. Some will cover tax obligations for…
CAPE CANAVERAL, Fla. (AP) — SpaceX has launched its third crew in under a year for NASA, this time using a recycled rocket and capsule. A Falcon rocket carrying four astronauts blasted into orbit early Friday morning from Florida’s Kennedy Space Center. The Dragon capsule should reach the International Space Station on Saturday. It’s the…
CAPE CANAVERAL, Fla. (AP) — Four astronauts are in orbit and on their way to the International Space Station. Their launch Sunday night by SpaceX kicks off regular crew flights from the U.S. The Falcon rocket thundered into the night from NASA’s Kennedy Space Center in Florida. The Dragon capsule carrying three Americans and one…
TOKYO (AP) — Tesla is reporting encouraging production figures for its third quarter as founder Elon Musk tells employees to work hard to prove “the naysayers wrong.” Tesla announced Tuesday that it produced 80,142 vehicles in the third quarter, which is 50 percent more than the previous quarter. The company made 53,239 Model 3 vehicles,…
(AP) – A British diver who helped rescue youth soccer players trapped in a cave in Thailand is suing Elon Musk, alleging that the Tesla CEO falsely accused him of being a pedophile. Diver Vernon Unsworth, who lives north of London, contends that Musk made the false allegation on Twitter and then repeated multiple other…
DETROIT (AP) — First it was the shocking tweet that funding was secured and Tesla may go private. Then a statement that the money wasn’t locked down after all. Two weeks later it’s never mind, the whole deal is off. Welcome to the disarray of Elon Musk, the impulsive genius and architect of cutting-edge car,…
ST. LOUIS (KTRS) Only two weeks after being dismissed from a worldwide competition for consideration for a hyperloop route between St. Louis and Kansas City, organizers have put Missouri back in the running. This follows the creation of a coalition involving the Missouri Transportation Department, the St. Louis Regional Chamber, the Kansas City Tech Council and…