By The Washington Post | PUBLISHED: January 12, 2019 at 6:15 am | UPDATED: January 14, 2019 at 4:24 am By David Silverberg | Washington Post Journalist Hamish McKenzie spent a year working for Tesla, but he makes clear at the outset of his book, “Insane Mode: How Elon Musk’s Tesla Sparked an Electric Revolution to End the Age of Oil,” that this is no insider’s story. “I will leave that work to the gossip blogs,” he writes. Instead, he seeks to spotlight the company’s strategy in the context of the auto industry’s identity crisis. He interviews auto experts and electric-car CEOs to illuminate how Tesla paved the way for imitators seeking a foothold in the clean-energy game. McKenzie introduces us to Musk, the mercurial entrepreneur who was bullied in South Africa and later won acclaim as a co-founder of PayPal; that success plumped him with enough capital to launch both Tesla and SpaceX, his aerospace manufacturing and transportation … [Read more...] about How Tesla and Elon Musk reshaped the auto industry
Tesla and elon musk
By The Associated Press | PUBLISHED: September 29, 2018 at 2:40 pm | UPDATED: September 29, 2018 at 3:33 pm Tesla and its CEO Elon Musk have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company. The settlement allows Musk to remain CEO of the electric car company but requires him to relinquish his role as chairman for at least three years. Tesla must hire an independent chairman to oversee the company. The Securities and Exchange Commission announced the settlement Saturday, just two days after filing a case seeking to oust Musk as CEO. Musk, a billionaire, and Tesla, a company that ended June with $2.2 billion in cash, each are paying $20 million to resolve the case. The deal could remove one cloud that hangs over Tesla. Investors fretted about the company’s ability to cope without Musk, a charismatic entrepreneur whose penchant for … [Read more...] about Tesla and Elon Musk settle with SEC for $40 million; Musk to stay CEO
Published July 24, 2018 Markets ETF Trends Facebook Twitter Comments Print This article was originally published on ETFTrends.com. Tesla has had a shaky year. With issues ranging from missed production targets to alleged requests for cash rebates from suppliers to Elon Musk’s brash public responses to naysayers, the future of Tesla (TSLA) and Musk, co-founder and CEO, remains a contentious matter on Wall Street. Tesla stock has dropped over 7% YTD and has [...] Continue Reading Below Read more at ETFTrends.com > … [Read more...] about What Lies Ahead for Tesla and Elon Musk?
By Brittany De Lea Published May 23, 2018 Wall Street FOXBusiness Facebook Twitter Comments Print video The signs of Tesla's bullish outlook despite the roadblocks Loup Ventures Managing Partner Gene Munster on the outlook for Tesla and Apple. Negative media coverage of electric-car maker Tesla has reached a “peak” in recent weeks, a factor that makes it an attractive investment right now as shares stand to appreciate significantly, according to a research firm. Continue Reading Below In a note to clients on Wednesday, Baird analyst Ben Kallo said “sentiment is as negative as we have experienced around [Tesla],” adding that now is the time to “lean into the ‘fever pitch.’” In response to reports on the note, Tesla CEO Elon Musk tore into “big media companies” on Twitter. Baird predicted that Tesla shares could rise nearly 50% and said it believes the automaker will make … [Read more...] about Tesla CEO Elon Musk slams media as analyst says negative coverage overblown
Avery Hartmans, provided by Published 8:30 am, Saturday, May 12, 2018 Harper Collins In her debut novel, "Sophia of Silicon Valley," Anna Yen chronicles her own career rise through the ranks in Silicon Valley. The book is a lightly fictionalized retelling of working under Steve Jobs at Pixar and Elon Musk at Tesla. "I wrote the book based on the major lessons I learned that I always used day-to-day," Yen told Business Insider. "I wanted it to be fun and yet something that young women might be inspired by." The newly released novel "Sophia of Silicon Valley" chronicles the fictional world of Sophia Young, a recent college graduate navigating the Silicon Valley tech scene in the mid-90s. Business Channel Now Playing: Now Playing Boston Dynamics Shows Off Its Humanoid Robot That Can Run and Jump Time Device IDs faces, reads text for the blind [THE BIG IDEA] Fox5 Backstage Capital Launches Fund for Black Female Founders Cheddar TV US Postal … [Read more...] about A Silicon Valley veteran who worked under Steve Jobs and Elon Musk has written a new book about what it’s like working with the most powerful people in tech