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Elon Musk’s Wealth Slashed by Nearly $13 Billion After SpaceX Explosion

Elon Musk's wealth dropped by almost $13 billion on Friday over the course of just a single day. The dramatic financial nosedive occurred amid tumultuous times at all three of Musk's major companies, Tesla, SpaceX, and Twitter. According to the...

Greek Engineer Files US Petition to Recall All Tesla Vehicles

A Greek engineer and accident investigator has filed a petition to the US authorities demanding a recall of all Tesla vehicles due to a technical fault. Costas Lakafossis, who is based in Athens, is petitioning the National Highway Traffic Safety...

Tesla to Build New Factory in China

Elon Musk's electric car company Tesla says it will be expanding in China by building a new factory there to make its large-scale batteries. The plant in Shanghai will be able to produce 10,000 of its "Megapack" energy storage units...

Tesla Overtakes Mercedes to Become Most Valuable Auto Brand

Tesla has become the most valuable car brand in the world, according to the latest survey from Brand Finance. The electric-car pioneer, led by Elon Musk, saw its brand value skyrocket by 44% to $66.2bn, making it the first car...

Elon Musk Overtakes Obama to Become Most Followed on Twitter

The chief executive and owner of Twitter, Elon Musk, has now become the most followed person on the social media platform. As of Thursday evening, Musk had accumulated a total of approximately 133.05 million followers, surpassing the former United...

Tesla Owner Unlocked And Drove Away Wrong Car

A recent incident involving a Tesla in which the wrong driver was able to unlock the vehicle is making the rounds on the internet, leaving owners anxious about the level of protection that their vehicles provide. The efficiency of Tesla's...

Elon Musk is the Richest Person in the World Again

According to Bloomberg Billionaires Index, Elon Musk has been crowned the world's richest person once more as Tesla stock soared on Monday, increasing his net worth by $7bn. Twitter's owner returned to the top spot after a steep drop in...

Elon Musk is First Person Ever to Lose $200 Billion

Elon Musk has become the first person ever to lose $200 billion from his net worth, according to a Bloomberg report. The CEO of Tesla, SpaceX, and Twitter is worth $137 billion, following a recent drop in Tesla shares, according...

Apple and Tesla: Tech Shares Tumble Amid Supply Issues

  Technology companies Apple and Tesla are supposedly facing one of their most frustrating periods of business operations as their shares tumble amid supply-related issues. Supply delays messing up these well-known tech giants emanate from their production lines in China, recording...

Elon Musk Dethroned as World’s Richest Man

Elon Musk was briefly dethroned as the world's richest man. Bernard Arnault, CEO of LVMH, the parent company of the luxury fashion brand Louis Vuitton, momentarily clinched the title on Wednesday, according to Forbes. Arnault and his family took the...