Neither SpaceX, Tesla, nor SolarCity were doing well and were losing money. Musk was living off personal loans to survive. But by December 2008, SpaceX won a $1.5 billion (€1.3 billion) contract with NASA to deliver supplies into space.

Elon Musk had an eventful 2024, what with his hard push into right-wing politics and leveraging his X social media platform and considerable influence to

Sales of the company’s cars are flagging, but investors are focusing on the potential of autonomous driving and Mr. Musk’s ties to President-elect Donald J. Trump.

Elon Musk, having spent much of 2024 inveigling himself into a position of power in U.S. politics, has a new target in his sights for this year: Europe. Musk has enjoyed sticking his oar into politics on my side of the Atlantic for a while now.

Tesla was close to bankruptcy, leading Elon Musk to consider selling the company to Google for $6 billion. The deal was nearly finalized with Musk set to remain at Tesla for eight years. However, a surge in Model S sales and subsequent profits allowed Tesla to recover,

T oday is a day ending in "Y," so of course there's another off-handed remark from Tesla CEO Elon Musk about some new feature planned for one of his companies' products. In this c