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KPRC 2+ brings you news, weather, and traffic along with the biggest topics impacting our community every day.

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TESLA


17 hours ago

Judge denies Tesla’s bid to move sexual harassment case to arbitration

Tesla has leaned heavily on mandatory arbitration of workplace disputes to shield the matters from public view.

washingtonpost.com
1 day ago

Volkswagen chief says German car giant will overtake Tesla on electric vehicle sales by 2025

Volkswagen's CEO said alleviating supply chain issues would likely help create some momentum for the German auto giant in the coming months.

cnbc.com
3 days ago

How Elon Musk's Twitter takeover plans shook Wall Street and social media

Here's how Elon Musk's bid for Twitter came together, how the social media company could change under his watch, and how the deal could still fall through.

cnbc.com

Automakers are jacking up prices on electric vehicles to bake in rising materials costs

Automakers have begun raising EV prices as commodity costs surge. Will mainstream consumers be priced out?

cnbc.com

Tesla’s stock price plummets as Twitter deal hangs in the balance

Tesla’s stock — and Elon Musk’s wealth — took a huge hit Friday, continuing a downward spiral and possibly imperiling the billionaire’s deal to buy Twitter.

washingtonpost.com

Elon Musk meets with Brazil's Jair Bolsonaro to discuss Amazon plans

Billionaire's Starlink satellite venture will provide internet service for rural schools and monitor the rainforest.

cbsnews.com

Judge dismisses lawsuit against Musk, Tesla and Twitter fan

A federal judge has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, the company and a Musk supporter.

Judge dismisses lawsuit against Musk, Tesla and Twitter fan

A federal judge in California has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, one of Musk's supporters and Tesla. In an order filed Thursday, Judge James Donato threw out the lawsuit by the investor, Aaron Greenspan, who runs a legal document website. Donato wrote that the lawsuit had failed to make plausible legal claims.

news.yahoo.com

Elon Musk blasts Biden administration, Democrats on Twitter over 'hate,' sidelining of Tesla

Tesla chief Elon Musk denied claims he engaged in sexual misconduct against a SpaceX flight attendant as he critized the Biden administration and Democrats.

cnbc.com
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Elon Musk visits Brazil's Bolsonaro to discuss Amazon plans

Tesla and SpaceX chief executive officer Elon Musk has met with Brazil’s President Jair Bolsonaro to discuss connectivity and other projects in the Amazon rainforest

washingtonpost.com

Driver must stand trial for deadly Tesla crash in California

A judge says a driver who used a Tesla on autopilot must stand trial for a crash near Los Angeles that killed two people.

Elon Musk was dating Amber Heard and finalizing a divorce around the time he's said to have sexually harassed a SpaceX flight attendant

An Insider investigation found that a SpaceX flight attendant accused Musk of exposing himself and propositioning her for sex in late 2016.

news.yahoo.com

Tesla whale calls for $15 billion stock buyback after share price craters

Leo Koguan, who claims to be the third largest individual shareholder of Tesla stock, is calling on the carmaker to announce a $15 billion stock buyback.

cnbc.com

Elon Musk says he'll vote Republican, bashes Democrats

Musk has been historically anti-union, opposed to a billionaire's tax, and a vocal critic of President Biden.

cnbc.com

Elon Musk says 'a lot of people' in the Trump administration 'were effective at getting things done' – aside from Trump

Musk said the Biden administration "doesn't seem to get a lot done," and did not specify which Trump aides he thought did a good job.

news.yahoo.com

Options traders skeptical that Elon Musk's Twitter deal will cross the finish line

A slew of bearish betting dominated Twitter's options activity on Monday as growing tensions over bot accounts add to speculation that Musk's deal might be off.

cnbc.com

Elon Musk says doubt about spam accounts could doom Twitter deal

Tesla CEO Elon Musk says his deal to buy Twitter can't move forward unless the company shows public proof that less than 5% of the accounts on the social media platform are fake or spam.

npr.org

Elon Musk Is Acting Like Henry Ford. Uh-Oh.

Both auto magnates built dominant companies. Both became global celebrities. Both dove headlong into other pursuits. One lost his edge. So far.

washingtonpost.com
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Musk says he'll scrap Twitter buy unless he gets clarity on fake account volume

World's richest man says he wants proof that less than 5% of Twitter's accounts are fake or spam. Some analysts say he's just seeking a lower purchase price.

cbsnews.com

Musk wars with Twitter over his buyout deal - on Twitter

Tesla CEO Elon Musk says his deal to buy Twitter can’t “move forward” unless the company shows public proof that less than 5% of the accounts on the platform are fake or spam.

Musk hints at paying less for Twitter than his $44B offer

Tesla CEO Elon Musk has given the strongest hint yet that he would like to pay less for Twitter than his $44 billion offer made last month.

Elon Musk angling for cut-rate deal on Twitter, analysts say

Tesla CEO's $44 billion offer for the social media company is "out the window," one Wall Street analyst says.

cbsnews.com

What Cramer is watching Monday — McDonald's is leaving Russia, China lockdowns slam tech

Stocks were down slightly to kick off a big week for earnings with the big box retailers reporting results.

cnbc.com

Elon Musk’s ever-expanding empire

The electric car and space mogul is venturing into a new realm with Twitter

washingtonpost.com

Rivian sold Wall Street on an electric SUV. Then reality hit.

Rivian, the start-up maker of battery-powered SUVs and trucks with prices starting at around $80,000, was billed as the next Tesla and is backed by Amazon and Ford. Then it ran into supply chain disruptions, production delays and a recall.

washingtonpost.com

Elon Musk Says Twitter Acquisition Is 'Temporarily On Hold'

The Tesla and SpaceX CEO indicated skepticism about the estimated number of spam accounts that Twitter reported in a quarterly financial filing.

newsy.com

Elon Musk says Twitter deal is "temporarily on hold"

World's richest man says his $44 billion purchase of the social media giant is being held up by pending details on how much spam and fake accounts are on it.

cbsnews.com
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Elon Musk tweeted that Twitter deal is temporarily on hold

The Tesla CEO tweeted early Friday that the Twitter acquisition deal was on hold pending an examination of bots on the site.

washingtonpost.com

Musk puts Twitter buy 'on hold,' casting doubt on $44B deal

Elon Musk has put his plan to buy Twitter on temporary hold, raising fresh doubts about whether he’ll proceed with the $44 billion acquisition.

Elon Musk says Twitter deal ‘temporarily on hold’ over report about fake accounts

Another twist in the Twitter deal.

Tesla, Twitter shares drop as Elon Musk's legal issues grow

Shares of Tesla and Twitter have tumbled this week.

Tesla production lags in Shanghai due to parts shortages, Covid restrictions

According to research by JL Warren Capital, Tesla specifically stopped production lines for the Model Y electric crossover at its Shanghai Gigafactory.

cnbc.com

Elon Musk would reverse Donald Trump's Twitter ban

He says Twitter's decision to ban the former US president was 'morally wrong and flat-out stupid'.

bbc.co.uk

Elon Musk says he would allow Donald Trump back on Twitter

Musk said that Twitter's permanent suspension of Trump in the days following the January 6 attack "was a mistake."

cbsnews.com

Elon Musk says he would reverse Twitter ban on Donald Trump

Musk spoke virtually at a Future of the Car event hosted by the Financial Times.

washingtonpost.com

Amid global chaos, the tech industry takes a rare tumble

Tech companies, usually a bright spot in the global economy, are reeling amid skyrocketing inflation, the war in Ukraine and interest rate hikes.

washingtonpost.com
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Elon Musk says banning Trump from Twitter was 'morally wrong' and 'stupid'

At Financial Times Future of the Car summit on May 10, the Tesla CEO said permanently banning then-President Donald Trump from Twitter was "flat-out stupid."

washingtonpost.com

Tech giants lost more than $1 trillion in value in the last three trading days

The biggest names of the technology industry are becoming more affordable as investors take account of the latest U.S. central bank decision.

cnbc.com

Will Elon Musk Deliver on His Promise of an “Ecological Paradise” at the Tesla Factory in Austin?

The massive facility sits along two miles of the Colorado River. Environmentalists want a say in how the development might affect the waterway.

texasmonthly.com

Will Elon Musk Deliver on His Promise of an “Ecological Paradise” at the Tesla Factory in Austin?

The massive facility sits along two miles of the Colorado River. Environmentalists want a say in how the development might affect the waterway.

texasmonthly.com

Elon Musk denies claim by Truth Social boss that Trump encouraged him to buy Twitter

Devin Nunes, head of Donald Trump's social media company, told Fox Business News that the ex-president urged Tesla chief Elon Musk to buy Twitter.

cnbc.com

Wall Street, tech investors back Musk Twitter bid with $7B

Elon Musk has strengthened the equity stake in his offer to buy Twitter with commitments of more than $7 billion from a range of investors, including Oracle co-founder and Tesla board member Larry Ellison.

Tesla bull Ron Baron says Musk got an 'incredibly cheap' deal on Twitter

Baron's firm committed $100 million in equity to support Musk's takeover plans, a new filing revealed Thursday.

cnbc.com

Musk gets $7 billion in backing for Twitter bid from tech heavyweights

Tech titans including Oracle co-founder Larry Ellison have pledged funding, strengthening the equity stake of Musk's buyout.

cbsnews.com

Elon Musk and Cathie Wood knock passive index investing, saying it’s gone too far

Elon Musk and Cathie Wood took aim at index funds, arguing that passive investments have controlled too big a percentage of the stock market.

cnbc.com
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Wall Street, tech investors back Musk Twitter bid with $7B

Elon Musk has strengthened the equity stake in his offer to buy Twitter with commitments of more than $7 billion from a range of investors, including Oracle co-founder and Tesla board member Larry Ellison.

Bill Gates questions Elon's Musk's goals with Twitter: 'He could make it worse'

Bill Gates has warned that Elon Musk could make Twitter worse after the Tesla CEO pledged to buy the social media firm for $44 billion.

cnbc.com

Elon Musk invited to discuss $44 billion Twitter deal in UK Parliament

U.K. lawmaker Julian Knight sent Musk a letter requesting that he appear in Parliament to discuss his proposal to buy Twitter.

cnbc.com

£5m Virtual Reality centre launches in Portsmouth

The university centre received more than £3m in government funding to help businesses create VR.

bbc.co.uk

Depp's agent: Op-ed was 'catastrophic' to career

Johnny Depp’s agent says ex-wife Amber Heard's 2018 op-ed piece describing herself as a victim of domestic abuse was “catastrophic” to his career and coincided with the loss of a $23 million deal for a “Pirates of the Caribbean” sequel. (May 2)

news.yahoo.com

Elon Musk’s Twitter deal is based on flawed math

An overleveraged billionaire’s bid for an overvalued company may signal the last gasp in an age of sky-high confidence and magical thinking.

washingtonpost.com

Musk Sells $4B In Tesla Shares, Presumably For Twitter Deal

A filing with the Securities and Exchange Commission showed the shares were sold over the days following acceptance if his offer to acquire Twitter.

newsy.com

Musk sells $4 billion in Tesla stock, probably to help finance his Twitter deal

The world's richest man tweeted that he doesn't intend to sell any more Twitter shares.

cbsnews.com

Musk sells $4 billion in Tesla stock, probably to help finance his Twitter deal

The world's richest man tweeted that he doesn't intend to sell any more Tesla shares.

cbsnews.com
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Musk sells $4B in Tesla shares, presumably for Twitter deal

Elon Musk has sold 4.4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his purchase of Twitter. The world’s richest man, who is the CEO of Tesla, tweeted that he doesn't plan any further sales of the company's shares. Most of the sales took place on Tuesday, when Tesla shares closed down 12%, a huge single-day drop.

news.yahoo.com

Elon Musk sold around $4 billion worth of Tesla shares

Elon Musk sold roughly $4 billion worth of Tesla shares, according to filings with the Securities and Exchange Commission.

cnbc.com

Electric vehicles are popular, but charging them remains a challenge

Wireless charging options could lead to widespread electric vehicle use, one expert said.

cbsnews.com

Five reasons the Elon Musk deal to buy Twitter could still fall apart

Elon Musk’s $44 billion deal to buy Twitter isn't yet complete. Here are the reasons things could still fall apart, from stock prices to Musk's own tweets.

washingtonpost.com

South Africa's First Black Billionaire Believes Entrepreneurs Should Take Heed To The Elon Musk Method

From billionaire to billionaire, Patrice Motsepe has formed an opinion on Elon Musk.

news.yahoo.com

Elon Musk prevails in Delaware court case on SolarCity deal

A Delaware court sided with Tesla CEO Elon Musk in a bitter legal battle over whether he acted against the best interest of other shareholders when he steered the electric car maker into a $2.6 billion acquisition of a solar panel maker founded by two of his cousins.

Musk ordered to abide by SEC settlement over 2018 tweets

Elon Musk’s request to scrap a settlement with securities regulators over 2018 tweets claiming he had the funding to take Tesla private is being denied by a federal judge in New York.

Elon Musk to buy Twitter for $44B and take it private

Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.

Algae a winner in Elon Musk-funded greenhouse gas contest

Ideas for reducing greenhouse gas in the atmosphere are getting a funding boost from famed entrepreneur Elon Musk.

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Musk says he has $46.5B in financing ready to buy Twitter

Elon Musk says he has lined up $46.5 billion in financing to buy Twitter, and he’s trying to negotiate an agreement with the company.

Tesla 1Q earnings 7 times more than year ago on strong sales

Tesla has reported first-quarter net earnings over seven times greater than a year ago.

Judge rejects gag order in suit over 2018 Elon Musk tweets

A federal judge in California has rejected a request from shareholders in a lawsuit to force Elon Musk stop talking about his 2018 tweets in which he said he had the funding to make Tesla a private company.

Tesla stockholders ask judge to silence Musk in fraud case

A group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company private is asking a federal judge to order Musk to stop commenting on the case.

EXPLAINER: What Twitter's 'poison pill' is supposed to do

Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “poison pill” — a financial device that companies have been wielding against unwelcome suitors for decades.

Twitter adopts 'poison pill' defense in Musk takeover bid

Twitter said Friday that its board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company for more than $43 billion and take it private.

Tesla CEO Elon Musk offers to buy Twitter for $43 billion

Tesla CEO Elon Musk has offered to buy Twitter outright, saying the social media platform “needs to be transformed” from his perspective as a self-identified “free speech absolutist.”.

California plan aims to triple sale of electric cars by 2026

California wants electric vehicle sales to triple in the next four years to 35% of all new car purchases.

Musk suggests Twitter changes, including accepting Dogecoin

As Twitter’s newest board member and largest shareholder, Elon Musk is already floating suggestions for changes he’d like to see on the social media platform.

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Road tripping: A few important things to know if you’re considering an electric vehicle

As we approach the summer months, when we begin daydreaming about the places we can travel, road trips are an easy way to visit all kinds of places.

Tesla holds the biggest by-invitation-only party in Texas

An invitation-only party in Austin called the “Cyber Rodeo at Giga Texas” at Tesla’s new billion-dollar-plus “Gigafactory” was the biggest secret and the toughest ticket in town.

EXPLAINER: What Elon Musk at Twitter might mean for users

Tesla CEO Elon Musk now has a 9% stake in Twitter and a seat on its corporate board of directors, raising questions about how the billionaire business magnate could reshape the social media platform.

Twitter says it's testing an 'edit' button

Twitter tweeted Tuesday that it is indeed working on a way for users to edit their 280-character messages, although it says the project has nothing to do with the fact that edit-function fan Elon Musk was just revealed as the company’s largest shareholder and now sits on its board.

Suddenly, Twitter's biggest stakeholder is Tesla's Elon Musk

Tesla CEO Elon Musk owns a 9% stake in Twitter and is now the social media platform's largest shareholder.

Tesla sells 310,000 vehicles in 1Q, despite logistics issues

Tesla said Saturday it delivered 310,000 vehicles in the first quarter, up 68% from the same period in 2021.

SEC claims authority to subpoena Elon Musk about tweets

U.S. securities regulators say they have legal authority to subpoena Tesla and CEO Elon Musk about his tweets.

Tesla opens 'Gigafactory' near Berlin, its 1st in Europe

Electric car manufacturer Tesla is opening its first European factory on the outskirts of Berlin in an effort to challenge German automakers on their home turf.

Caught on camera: Man says driver intentionally crashed into his Tesla, causing more than 1K worth of damage

A road rage incident was caught on camera after a man said another driver’s actions caused him to crash his Tesla. Now, the Tesla driver wants the person to pay for the damages.

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Elon Musk now a father to 7 secretly welcomed second child with Grimes in December

Tesla and SpaceX CEO Elon Musk is now a father of seven after secretly welcoming a baby with singer Grimes in December, CNN reports.

Judge stays out of Elon Musk vs. SEC letter spat, for now

A federal judge is refusing to get involved in a spat between a lawyer for Tesla CEO Elon Musk and U.S. securities regulators, at least for now.

Ford CEO: No plan to spin off EV business, but change coming

The CEO of Ford Motor Co. says the automaker has no plans to spin off its electric vehicle or internal combustion businesses.

Musk, lawyer escalate word fight with securities regulators

Elon Musk and his lawyers are escalating their fight with U.S. securities regulators.

US securities agency denies claims it's harassing Elon Musk

U.S. securities regulators responded to allegations that they are harassing Tesla CEO Elon Musk, writing in a letter that they’re following a judge’s instructions in trying to speak with Musk's lawyers about his posts on Twitter.

Elon Musk's $5.7B donation sparks questions about giving

Leave it to Elon Musk to stir up controversy without saying (or tweeting) a word.

Elon Musk gives about $5.7 billion in Tesla stock to charity

Tesla CEO Elon Musk says in a regulatory filing that he donated about 5 million shares of company stock worth roughly $5.7 billion to an unidentified charity in November.

SpaceX's Elon Musk: 1st orbital Starship flight maybe March

SpaceX's Elon Musk says the first orbital flight of his towering Starship could come in another month or two.

Tesla fans complain Biden ignores company's EV leadership

Some of Tesla’s loyal band of devotees and CEO Elon Musk say the White House has been unfairly snubbing America’s top-selling electric vehicle brand in its support for EVs as a way to help fight climate change — and they’re making their discontent known.

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Felony charges are 1st in a fatal crash involving Autopilot

California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019.

Tesla inks deal to get key battery component outside China

Tesla is turning to Mozambique for a key component in its electric car batteries in what analysts believe is a first-of-its-kind deal designed to reduce its dependence on China for graphite.

Tesla says it delivered record 936K vehicles in 2021, up 87%

Tesla says it delivered a record 936,000 vehicles last year, up 87% from its 2020 delivery count.

Tesla recalls certain Model 3s over rear camera connection

Tesla is recalling certain Model 3s because a coaxial cable for its backup camera can become worn and fail to transmit images to the dashboard console.

China urges US to protect its space station from satellites

China is urging the United States to protect a Chinese space station and its three-member crew after Beijing complained that satellites launched by Elon Musk’s SpaceX nearly struck the station.

China calls on US to protect space station from satellites

China is calling on the United States to protect a Chinese space station and its three-member crew after Beijing complained that satellites launched by Elon Musk’s SpaceX nearly struck the station.

Tesla to halt games on infotainment screens in moving cars

Under pressure from U.S. auto safety regulators, Tesla has agreed to stop allowing video games to be played on center touch screens while its vehicles are moving.

US probes potential of drivers playing video games in Teslas

The US has opened a formal investigation into the potential for Tesla drivers to play video games on a center touch screen while the vehicle is in motion.

Time magazine's "Person of the Year" is Elon Musk

Calling him a “clown, genius, edgelord, visionary, industrialist, showman,” Time magazine has named Tesla founder and CEO Elon Musk as its Person of the Year for 2021.

Elon Musk, CEO of Tesla and SpaceX, named Time’s ‘Person of the Year,’ NBC News reports

Elon Musk, the CEO of Tesla and SpaceX, has been named Time magazine’s “Person of the Year” for 2021.

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