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Industrials : Machinery | Small Cap Growth
Company profile

Nikola Corporation, formerly VectoIQ Acquisition Corp., specializes in battery-electric and hydrogen trucks and powersports vehicles. The Company provides zero-emissions transportation and infrastructure solutions. Its product lineup includes battery-electric and hydrogen-electric class 8 commercial trucks, off-highway vehicles and watercraft. The Company’s products include Nikola One, Nikola Two, Nikola Tre and Nikola Badger. Its powersports include Nikola NZT, Nikola Reckless and Nikola water adventure vehicle (WAV).

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Elon Musk denies report SpaceX paid $250,000 to settle sexual misconduct claim him

8:03 am ET May 20, 2022 (MarketWatch)

By Mike Murphy

Business Insider reports billionaire exposed himself to flight attendant and propositioned her

SpaceX paid a flight attendant $250,000 in 2018 to settle a sexual misconduct claim against Elon Musk, its founder and chief executive, according to a report Thursday by Business Insider. Musk denied what he called the "wild accusations."

Citing interviews with a friend of the woman and documents it obtained, Business Insider reported the woman accused Musk of exposing himself to her on a flight to London, rubbed her leg without her consent and offered to buy her a horse in exchange for an erotic massage.

Late Thursday night, Musk called the allegations "utterly untrue."

The incident reportedly happened in 2016 during an in-flight, full-body massage for Musk, a practice apparently not unusual for the company's executives.

The flight attendant refused his proposition, Business Insider reported, and filed a complaint with SpaceX's human resources department in 2018, claiming her career opportunities had been hurt by her refusal and she was being retaliated against.

SpaceX took the issue to a mediator, and the woman signed a $250,000 severance agreement that included a promise not to sue nor to ever discuss the settlement or any information about Musk or his businesses, according to the report.

When asked for comment, Musk -- the world's wealthiest individual who's also the CEO of Tesla Inc. (TSLA) and is in the process of buying Twitter Inc. (TWTR) --reportedly told Business Insider that there was "a lot more to the story" and called it a "politically motivated hit piece."

"If I were inclined to engage in sexual harassment, this is unlikely to be the first time in my entire 30-year career that it comes to light," Musk reportedly wrote.

Tesla's stock bounced 1.9% in premarket trading Friday, after closing Thursday at a nine-month low. The stock has tumbled 32.9% year to date, while the S&P 500 index has shed 18.2%.

The request for comment may have been the impetus for Musk to tweet on Wednesday that "Political attacks on me will escalate dramatically in coming months," and he claimed Democrats were behind a "dirty tricks campaign against me."

Late Thursday night, Musk tweeted: "The attacks against me should be viewed through a political lens -- this is their standard (despicable) playbook -- but nothing will deter me from fighting for a good future and your right to free speech."

He later added, in another tweet: "And, for the record, those wild accusations are utterly untrue."

While there have been a number of sexual harassment and misconduct complaints concerning the office cultures at SpaceX and Tesla, Musk himself has not been the subject of any publicly disclosed misconduct claims before.

An email to SpaceX seeking comment was not returned late Thursday.

-Mike Murphy


(END) Dow Jones Newswires

May 20, 2022 08:03 ET (12:03 GMT)

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