The electric-car maker recently topped Wall Street's estimates for third-quarter deliveries, but it's unclear if that will translate to the company becoming profitable, as Musk has said will happen this year.
A federal judge is approving a settlement between Elon Musk and federal regulators over his infamous tweet about taking Tesla private. Earlier this year, the Tesla CEO teased netizens with the idea of a Tesla-branded tequila, calling it "Teslaquila' and it got the attention of many".
Tesla rose 4.2 per cent at 11:21 a.m.in NY trading.
Hurricane Michael aftermath: Pictures show devastation across Florida
The media followed as Trump flew over the devastated Mexico Beach community, and heavily-damaged Tyndall Air Force Base. Scott on Monday expanded a state of emergency to a total of 35 Florida counties, the news release said.
The government lawsuit threatened Tesla and Musk with a long fight that could have undermined its operations and ability to raise capital. The two parties reached an agreement last week, which has now been approved U.S. District Judge Alison Nathan in Manhattan.
However, Mr. Musk refuted the claims of FT's report stating that they were not true but refusing to comment any further. Musk's tweets set Twitter a buzz as people speculated that he is planning to build a robot after his tweets on the Japanese animation titles.
Tesla agreed to pay a separate $20 million penalty, according to the SEC. Today Elon followed up that April 1st tweet with a visual approximation of what the bottle of booze may look like, along with a warning, "Teslaquila coming soon..." James Murdoch is rumoured to be his replacement.
Then someone called him "weeblon musk", as an amalgamation of Musk's name and the word weeaboo, which is a situationally derogatory slang term for a Western person who is obsessed with Japanese culture. The company needs to actually be making a product to obtain the trademark.