Elon Musk isn’t about to catch a hoped-for break from the SEC any time soon. Sources for The Wall Street Journal claim the SEC is investigating whether Musk and his brother Kimbal violated insider trading regulations with recent share sales.
Tag: Musk
Tesla’s Kimbal Musk says company was ‘very ignorant’ of environmental impact of its Bitcoin purchase
In an interview with TechCrunch onstage at the Ethereum Denver conference, Tesla board member Kimbal Musk, brother of CEO Elon Musk, said that the company had been “very ignorant” of the environmental impact of Bitcoin when it announced last year
After Tesla CEO Elon Musk alleged ‘unrelenting investigation,’ SEC pushes back
The Securities and Exchange Commission submitted a letter to a federal judge on Friday responding to allegations by Tesla CEO Elon Musk that the agency had “broken promises” and engaged in a “pattern of conduct” amounting to harassment after an
Elon Musk accuses SEC of conducting a ‘harassment campaign’
If you thought Elon Musk was upset about frequent attention from the SEC… you guessed correctly. Musk and Tesla have written to a Southern District of New York court accusing the SEC of conducting a “harassment campaign.” The regulator allegedly
Daily Crunch: At SpaceX’s Starship update event, Musk offers updates on plans, progress
Hello and welcome to Daily Crunch for Friday, February 11, 2022! Today we’re talking big rockets, self-driving cars, tech stocks getting rekt, and more. It’s a fun, and good mix of news. Enjoy! – Alex The TechCrunch Top 3 Rocketship,
Tesla shares slide 5% after Elon Musk proposes selling 10% of his stock in a Twitter poll
Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. Patrick Pleul | picture alliance | Getty Images Tesla shares fell by more than 5% in pre-market trading Monday after CEO Elon Musk asked
Elon Musk Offers To Sell US$6 Billion Worth of Tesla Stock To Alleviate World Hunger
Elon Musk has said that he will sell US$6 billion worth of Tesla stocks if the UN’s food agency can prove how the money can solve world hunger. The statement comes after David Beasley, director of the World Food Program,
Elon Musk Beats Jeff Bezos To Become the Richest Man Alive
Elon Musk now claims the title as the richest person alive. The self-made billionaire has a net worth of US$287 billion, according to the Bloomberg Billionaires Index. And the gap between former first place holder Jeff Bezos and Musk widens
SpaceX’s Starlink will come out of beta next month, Elon Musk says
Enlarge / Screenshot from the Starlink order page, with the street address blotted out. SpaceX’s Starlink satellite-broadband service will emerge from beta in October, CEO Elon Musk said last night. Musk provided the answer of “next month” in response to
Why is Dmitry Rogozin so thirsty for Elon Musk to visit Russia?
Enlarge / Yulia Peresild will play the lead role in the Russian space film The Challenge. Roscosmos The leader of Russia’s space program is desperate to have Elon Musk come and visit him. On multiple occasions, Dmitry Rogozin has invited
Musk turns on Tesla’s latest Full Self-Driving beta, says it’s “actually not great”
Enlarge / Tesla CEO Elon Musk. If you haven’t been impressed with what you’ve seen of Tesla’s latest Full Self-Driving beta, version 9.2, you’re not alone. CEO Elon Musk agrees. “FSD Beta 9.2 is actually not great imo,” he said