If you’ve ever watched the movie Wall-E, then you probably remember how the world looked after humans over-saturated the atmosphere with satellites and pollution. Because of this, the planet was no longer habitable, resulting in the humans having to live in a massive spaceship. Although this is a very exaggerated scenario, the issue of climate change […]Read more "Elon’s Ridiculous Plan to Nuke Mars"
News that SolarCity, another recipient of millions in government largess from the Obama Administration, would be issuing an IPO forced the disclosure that the IRS and the Treasury Department were now investigating the company, and others, for potential abuse of taxpayer funds. The company, which received a subpoena in July from the Office of the […]Read more "#TBT: IRS and Treasury Investigate Obama’s SolarCity"
An investor group wants Tesla Motors to shake up its board of directors after it was discovered six out of seven board members with the solar panel company have direct connections with Elon Musk, the CEO and chairman of both companies. CtW Investor Group said the market’s “hostile reaction” to the SolarCity deal was induced, in […]Read more "6 Out Of 7 SolarCity Board Members Have Direct Ties To Elon Musk"
As a resident of Silicon Valley, I am deeply embarrassed to admit this, but here I go: I am not dazzled by Elon Musk. (Pause, while Silicon Valley gasps in appalled surprise.) I know how much he’s accomplished. Starting a new car company from scratch was an enormous undertaking, and the Tesla—the official pace car […]Read more "Why I’m Not Dazzled by Elon Musk"
It will make it harder for shareholders to sue to block the deal. Tesla’s offer to buy SolarCity SCTY -0.36% sparked a barrage of criticism on Wednesday over the glaring conflict of interest between the two companies: Elon Musk, the CEO of Tesla TSLA 1.57% , is also the chairman of SolarCity and the largest […]Read more "Tesla Quietly Changed Its Bylaws to Ward Off SolarCity Shareholder Fight"