Elon Musk to Resign as Tesla Chairman, Pay $20 Million Fine in SEC Settlement Over Catastrophic '420' Tweet

In August, Tesla CEO Elon Musk set off an entirely preventable and catastrophic chain of events by tweeting that he was “considering taking Tesla private at $420. Funding secured.” Musk provided no financing details, and the Securities and Exchange Commission later determined that he never finalized any kind of deal…

Researchers Show Off Method for Hacking Tesla’s Keyless Entry, So Turn on Two-Factor Authentication 

Elon Musk started the day with some much-needed good news after Space X pulled off an early morning satellite launch without any troubles. The good news didn’t last long because on Monday afternoon security researchers went public with claims that Tesla’s keyless entry system is vulnerable to a spoofing hack that…

Report: It Doesn't Sound Like Elon Musk Really Thought Out That 'Funding Secured' Tweet

Earlier this month, Tesla and SpaceX CEO Elon Musk added to his seemingly never-ending drama by announcing via Twitter that he had “funding secured” to take Tesla private at $420 a share. The tweet quickly blew up in his face, drawing Securities and Exchange Commission attention and generating chaos for the company.…

Elon Musk Explains Why He Quit Instagram: 'I Didn't Like It' [Updated]

It looks like Tesla founder and tortured workaholic Elon Musk has deleted his Instagram account. “Finally!” you might say, if you’ve been following the 47-year-old’s controversial behavior on social media lately. “But wait you have to give me back my phone!” Azealia Banks might say, since she demanded Musk return the…

Facebook Vigilantes, Ugly Laptops, and Red Tide: Best Gizmodo Stories of the Week

Read anything interesting in the news lately? No, really. I’m still catching up, because for much of the past week, I was vacationing in lovely Cook Forest, Pennsylvania, during which my access to the internet was limited to whatever stretches of 4G could be obtained amid supply runs to town. This was indeed lovely—an…