Elon Musk’s rare dose of realism could serve Tesla well AntonyMCurrie
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Tesla CEO Elon Musk's influence grows as automakers roll out electric-vehicle plans in DetroitFrom announcing all-electric cars to adding assembly lines specifically for plug-in models, auto executives are ramping up their electric vehicle plans in a nod to Elon Musk's success at Tesla.
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Court gives investors the okay to subpoena Azealia Banks and Grimes in lawsuit against Elon Musk and Tesla, asking them to preserve informationA court granted the motion to serve subpoenas to Azealia Banks and Grimes in a lawsuit centered on Tesla CEO Elon Musk's 'funding secured' tweet.
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Elon Musk's SpaceX to cut about 10% of its workforceElon Musk's SpaceX said Friday it will cut about 10% of its workforce of about 6,000 people. Bloomberg News reported Sunday that the cuts would include about 577 positions at the rocket company's headquarters in Hawthorne, Calif. The company said it was financially healthy, but needed to trim fat in order for its ambitious plans to ultimately succeed. "To continue delivering for our customers and to succeed in developing interplanetary spacecraft and a global space-based internet, SpaceX must become a leaner company," the company said in a statement Friday, according to Reuters. SpaceX launched a company record 21 missions in 2018, but is expected to launch fewer this year amid a slowdown in satellite-industry orders.
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Elon Musk’s SpaceX to lay off 10 percent of its workforceThe move comes as the company is on the verge of launching NASA’s astronauts, building a new rocket it hopes will be able to carry people to deep space and launching a constellation of satellites.
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