elon musk

Things are getting a little bumpy at Tesla. The automaker’s first-quarter delivery numbers raised eyebrows, undercutting even the most critical expectations by a notable margin. Now, rumors are swirling about Tesla’s employee base, with some telling Electrek that the automaker plans to cut as much as 10 percent of its workforce in what would amount to thousands of layoffs.

Yesterday, we covered Tesla boss Elon Musk refuting a Reuters report that the company is canceling its affordable EV. Musk also said that Tesla will be unveiling robotaxis this summer.

Marijuana is legal in several states, and you can even order ketamine from a Facebook ad. What you do behind closed doors is, in most cases, your business, but what about if you’re the CEO of several companies with combined values in the hundreds of billions of dollars? That’s a question Tesla’s board members are facing, as CEO Elon Musk’s alleged drug use has been plastered across the internet and news stations everywhere.

Now that I've had nearly a week to digest the Tesla Cybertruck news, I've come to the conclusion that the Cybertruck will neither revolutionize the automotive market nor be such a flop that it kills Tesla.

Elon Musk has no trouble generating words, both the ones that come out of his mouth (and keyboard fingers) and the ones that breathlessly recap the first type. There was the post on X agreeing with an antisemitic statement, though Musk later apologized. More recently, the controversial CEO shared his thoughts (again) on unions, saying that he believes a Tesla employee union would be a mistake, among many other statements.

Elon Musk’s Twitter – umm, X – finger has led him into quite a bit of controversy over the years, including some that ended in the courtroom. Earlier this year, Musk echoed claims that a California college student was involved in a public confrontation between two neo-Nazi groups in Oregon. That turned out not to be true, but the Tesla CEO tweeted about it anyway, and the victim at the center of the hoax is now suing.

There are photos on the Intertoobz of the Tesla Cybertruck testing, undisguised, in California.

Mr. Guy wrote this morning about Tesla and how it appears that the company's cars are being sold to rental fleets. As most of you know, large fleet sales are often seen as a negative mark on the health of a company and can also tank resale values.

There’s never any shortage of topics to discuss about Tesla – whether it’s nattering about Musk’s behavior, the company stock price, or its hands-off driving aids allegedly causing a pile-up on a busy motorway. 

This morning, a pundit tweeted they saw beaucoup de Tesla sitting idle at a Hertz location, suggesting the company may be stuffing rental channels in a bid to inflate sales. In quick succession, it then became clear that Tesla has slashed prices on all its models – big time.

Stop me if you've heard this before -- Elon Musk tweeted something that has him and/or one of his companies in trouble with regulators.

As I wrote a week or two ago, the outside world is finally catching on to what automotive journalists, industry analysts, and car enthusiasts have long known about Tesla. This week, two columns in The New York Times showed that well-known pundits like Farhad Manjoo and Paul Krugman are catching on/catching up.

Ever since Tesla boss Elon Musk took over Twitter, he's found himself mired in controversy, often of his own making.

I've been following the Elon Musk Twitter drama relatively closely. In part because I use Twitter on a personal level, in part because TTAC has an official account, in part because of Musk's connection to this industry, and in part because I care about misinformation/disinformation.

Tesla boss Elon Musk has sold 19.5 million Tesla shares worth almost $4 billion since he took over Twitter, according to regulatory filings.

Stellantis is now among the ranks of large companies that have paused or pulled advertising on Twitter.

Earlier this week, General Motors pulled its Twitter advertising. Now Volkswagen Auto Group is following suit. The company is recommending that its brands pause advertising on Twitter for the time being.

When I posted Friday's QOTD, I was wondering if perhaps I was overthinking things. I wondered how Tesla boss Elon Musk owning Twitter -- a social-media platform used by Tesla's competitors -- would affect the automotive industry and the automotive press.

Apparently, I am not the only one with concerns.

It's official. Tesla boss Elon Musk now owns Twitter, one of the most influential social media platforms.

News broke Wednesday that Tesla was under investigation by the U.S. Department of Justice, regarding the company’s claims about the self-driving nature of its vehicles. The DOJ has been working on the investigation for some time, as it was launched in 2021 but was not disclosed at that time. Turns out it might be time for a government evaluation of whether “Full Self-Driving” Teslas are misleading.

Automotive News has a story out showing that for automaker bosses who have been in their position for at least two years, median pay has risen 90 percent since 2020.

The story is accompanied by a chart with salary numbers, and some of the numbers are staggering, even knowing that CEOs tend to be extremely well compensated in this day and age.

New reporting from Bloomberg suggests that potential Tesla buyers, as well as current Tesla owners, are souring on the brand because of the antics of Tesla boss Elon Musk.

When Tesla boss Elon Musk expressed a desire to buy Twitter last week, citing an absolutist vision of free speech as at least one reason behind his motivations, one had to wonder if his running afoul of the Securities and Exchange Commission over one of his tweets played a part.

To be sure, even if Twitter had no regulations moderating speech on the platform, Musk (or anyone in a similar position) could violate SEC regulations via tweet — a platform’s rules don’t protect someone from the Feds’ regs.