The U.S. Department of Justice has launched a criminal investigation into Tesla Motors CEO Elon Musk’s tweet indicating he would take the company private after the stock price reached a certain level, according to a Bloomberg report on Tuesday. Federal authorities in the Northern District of California are looking at a tweet by Musk in […]
Elon Musk: ‘I Am a Socialist’…
Tesla CEO and PayPal billionaire Elon Musk surprised many Friday when he declared on Twitter that he is a socialist. Conservative critics, however, may well have agreed, given his companies’ reliance on the state. Musk tweeted his declaration Friday after first tweeting that socialists have no sense of humor: Those who proclaim themselves “socialists” are […]
The Oligarchs’ ‘Guaranteed Basic Income’ Scam by Chris Hedges…
A number of the reigning oligarchs—among them Mark Zuckerberg (net worth $64.1 billion), Elon Musk (net worth $20.8 billion), Richard Branson (net worth $5.1 billion) and Stewart Butterfield (net worth $1.6 billion)—are calling for a guaranteed basic income. It looks progressive. They couch their proposals in the moral language of caring for the destitute and […]
Tesla Will Pay Elon Musk Only If Company Stocks Does ‘Extraordinarily Well’…
Elon Musk, the head of US electric vehicle producer Tesla, will only get paid if company stock shows strong performance, according to a plan approved by Tesla shareholders on Wednesday. Shareholders agreed on a 10-year performance stock award “entirely contingent on achieving market cap and operational milestones that would make Tesla one of the most […]
Trump: NASA Bringing Back ‘Space Flight’ Program and Going to Mars ‘In the very near future’…
President Donald Trump announced during a Thursday cabinet meeting that NASA is “bringing back that whole space flight” program and would be sending “something very beautiful to Mars in the very near future.” Before pivoting to Mars, POTUS praised the recent work of Elon Musk and SpaceX on the Falcon rocket program. “Before me are […]
Tesla Starts Energy Storage at Hospital to Help Puerto Rico…
After CEO Elon Musk extended an offer to help Puerto Rico earlier this month, Tesla is following through on a pledge to contribute to rebuilding the power grid devastated by Hurricane Maria, leaving thousands of people without electricity. In a tweet Tuesday, Tesla posted photos of Hospital del Niño and the solar and power storage […]
Billionionaire Elon Musk Paid a Paltry $5 Hour to Foreign Workers to Paint a Shop in California…
Techno-wonder and CEO of Tesla Motors Elon Musk apologized and promised to investigate allegations the electric vehicle maker paid foreign workers a wage of $5 per hour to slap together a paint shop in California. Musk’s electric vehicle company used approximately 140 Eastern Europeans to erect a body shop in Northern…
Elon Musk Wants to Launch Manufacturer of Nice Cyborgs…
The Los Angeles Times reported on Friday — the same day as the theater opening of Terminator 2: Judgment Day 3D — that Musk is sponsoring a new start-up named Neuralink Corporation, which has already raised the first $27 million of its $100 million goal to create a system that will implant electrodes in human […]
China’s Secret Plan to Crush SpaceX and the U.S. Space Program…
China’s breakneck economic expansion may be flagging, but the country’s ambitions in space show no signs of slowing down. Alongside ongoing efforts to rival NASA by placing robotic landers, and eventually astronauts, on the moon and Mars, China’s government is increasingly looking to its burgeoning space sector to rival U.S. companies like Jeff Bezos’ Blue […]
There’s Something Familiar About This Rocket Elon Musk Wants to Send to Space…
If the rocket Elon Musk’s SpaceX expects to launch next week looks familiar, that’s because it is. The Falcon 9 rocket slated to take off from Kennedy Space Center in Cape Canaveral, Florida, has flown before, marking the first time Space Exploration Technologies Corp. will refly one of the 14-story-tall boosters it recovered from past […]