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Factbox-How is Elon Musk Funding his $44 Billion Offer to Buy Twitter

Elon Musk has won the backing of some of the world’s wealthiest investors for his $44 billion takeover of Twitter Inc (TWTR.N). From Oracle Corp’s (ORCL.N) co-founder Larry Ellison, a self-proclaimed close friend of Musk, to Saudi Arabian investor Prince Alwaleed bin Talal, who had earlier rejected the takeover bid, a bunch of investors had thrown their weight […]

Elon Musk Says Tesla Open to Buying a Mining Company

Tesla Inc is open to buying a mining company if producing its own supply of electric vehicle (EV) metals would speed up worldwide adoption of clean energy technologies, Chief Executive Officer Elon Musk said on Tuesday. Concern is mounting across the EV industry that there may not be enough supply of lithium, nickel, copper and […]

Elon Musk Giving 'Serious Thought' to Build a New Social Media Platform

Tesla Inc Chief Executive Officer Elon Musk is giving “serious thought” to building a new social media platform, the billionaire said in a tweet on Saturday. Musk was responding to a Twitter user’s question on whether he would consider building a social media platform consisting of an open source algorithm and one that would prioritize […]

Elon Musk Hails Dogecoin While Salvadorans Reject Bitcoin

At this point, the idea of Elon Musk easily playing with the crypto market through social media is reoccurring, as the Tesla Chief strikes once again with another tweet that swung the market in the favor of Dogecoin. Leave it to the “Dogefather” himself to lift the meme-coin from its slump. After witnessing a steady […]

Starlink internet to go live in two months, Elon Musk says

Starlink internet will be provided worldwide, excluding both poles, within the next two months, Starlink and SpaceX chief Elon Musk said during the Mobile World Congress. The Tesla CEO highlighted that Starlink will be able to launch satellites into orbit, while promising to deliver high-speed broadband internet to as many users as possible. Musk broke […]

Tesla CEO Elon Musk restarts California factory amid lockdown

By TOM KRISHER and BEN MARGOT AP Auto Writer FREMONT, Calif. (AP) — Tesla CEO Elon Musk confirmed Monday that the company has restarted its California factory, a move that defied local government orders involving measures to contain the coronavirus. In a tweet, Musk practically dared authorities to arrest him, writing that he would be […]