Like a tiny snowball that has turned into an avalanche, the change is proving stunning. Consider where Tesla was two years ago. CEO Elon Musk had just tweeted that he had “funding secured” and was considering taking Tesla private at $420 a share.
Musk would later backtrack and Tesla would remain public. But the tweets and leaked emails that followed got the attention of the U.S. Securities and Exchange Commission, which later accused Musk of securities fraud. The parties reached a settlement without admitting wrongdoing. Under the settlement, Tesla agreed to add two independent directors and Musk would step down as chairman for three years.
From electric cars to spacecraft, tech titan Elon Musk is widely known as an industry disrupter. Tuesday night in Los Angeles, Musk unveiled the very first tunnel in what he hopes will become a network of underground highways.