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 […]
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Twitter Inc is poised to accept billionaire Elon Musk’s “best and final” $43 billion takeover offer, people familiar with the matter told Reuters on Monday. This comes on the heels of Musk announcing that he had secured $46.5 billion in debt and equity financing for the deal. Earlier in April, the social media company had […]
Many investors, analysts and investment bankers expect Twitter Inc’s board of directors to reject Elon Musk’s $43 billion acquisition offer in the coming days as inadequate, but how would the social media company then proceed? Twitter shares dropped on Thursday after Musk unveiled his offer, as the market deemed it too low and too thin […]
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 […]
U.S. President Joe Biden’s administration is “not the friendliest,” according to Tesla and SpaceX founder Elon Musk, who criticized Biden during the Code Conference interview. After the White House brushed off Musk’s EV company last month, the Tesla founder has been extremely vocal regarding his dismissal to Biden. If you’re wondering how the White House brushed off the current richest man in the world, well, it all starts […]
Elon Musk’s rockets and spacecraft company SpaceX has been officially chosen by NASA to explore one of Jupiter’s icy moons, Europa, to discover whether it can host conditions suitable for life. All the way from Kennedy Space Center’s Launch Complex 39A, Elon Musk’s SpaceX will support NASA with the launch of a Falcon Heavy rocket for an award of $178 million. From there, the responsibility will shift solely on to Europa Clipper spacecraft […]
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 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 […]
Cryptocurrency has dominated worldwide headlines, taken over the minds of basically every tech enthusiast, FinTech genius, business, and global governments across the spectrum. Everyone is either buying it, investing in it, or mining it; through rise and fall, people are in full swing with crypto wallets popping up as far as the finger can scroll. […]
Tesla is working on new battery technology that CEO Elon Musk says will enable the company within the next three years to make sleeker, more affordable cars that can travel dramatically longer distances on a single charge. But the battery breakthroughs that Musk unveiled Tuesday at a highly anticipated event didn’t impress investors. They were […]