MENU
SEARCH
SHOREHAM, N.Y. — The billionaire owner of Tesla Motors is giving $1 million to a New York museum dedicated to preserving the legacy of the inventor who inspired its name, reported The Detroit News.
The Tesla Science Center announced Elon Musk’s donation on what would have been Nikola Tesla’s 158th birthday.
The museum said Thursday that Musk will also install a Tesla supercharging station.
The museum is being built on the 16-acre site of Tesla’s Wardenclyffe laboratory in Shoreham, Long Island. The Serbian scientist began an unfinished project there to send messages and electricity around the world wirelessly.
Tesla is known for his work with alternating current and experiments with X-rays.
Musk co-founded PayPal and also runs space contractor SpaceX. His donation comes after a request from Tesla fan and museum backer Matthew Inman of TheOatmeal.com.
Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.
Read More →
Between 2020 and 2025, gigafactory capacity grew six-fold and is set to grow another 118% by 2030, according Benchmark data.
Read More →
Americans’ view of present business conditions, the labor market and family finances, though, are still in the dumps, and if they plan to buy cars, many target used units.
Read More →
Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.
Read More →
A new top 10 list ranks the least expensive for average full insurance coverage on a clean driving record and high driver credit scores.
Read More →
Rob Mancuso – president of Mancuso Automotive – will present a Keynote at the 2026 event.
Read More →
Edmunds’ editorial team tested 300-plus vehicles to help determine the Top Rated Awards for 2026, and one brand stood out with multiple rankings, including Best of the Best.
Read More →
February forecast has new-vehicle deliveries still off from last year at this time amid high prices and vanished EV incentives. But J.D. Power sees business picking up from here as automakers target growth.
Read More →
Study finds that adopters are true believers and that their satisfaction with the vehicles is growing, including for public charger experience, despite pullback of federal incentives.
Read More →
The sector generates over $64 billion in annual economic impact in South Carolina, making it the largest and fastest-growing manufacturing subsector in the state.
Read More →