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
Elon Musk’s Tesla Inc revealed on Sunday its quarterly deliveries, marking a new reported record, exceeding Wall Street expectations as the globe battles through a semiconductor crisis. For Tesla, this signaled a six consecutive quarter following its report highlighting its high record deliveries. The electric vehicles (EV) company supplied in its fourth-quarter 308,600 cars, surpassing […]
China is calling on the United States to protect a Chinese space station and its three-member crew after Beijing complained that satellites launched by Elon Musk’s SpaceX nearly struck the station. A foreign ministry spokesman accused Washington on Tuesday of ignoring its treaty obligations to protect the safety of the Tiangong station’s three-member crew following […]
Dogecoin shares soared to over 18 percent on Tuesday following Tesla Inc. chief, Elon Musk’s announcement of the company’s altered tactic of accepting cryptocurrency payments for merchandise. The announcement revealed on Twitter sent Dogecoin shares to heighten in valuation when most cryptocurrencies seem to be dropping in value. “Tesla will make some merch buyable with […]
In a surprising announcement, Tesla CEO Elon Musk is “thinking of” leaving his jobs and becoming an influencer. “Thinking of quitting my jobs & becoming an influencer full-time wdyt,” Musk said in the tweet last Thursday. “It would be nice to have a bit more free time on my hands as opposed to just working […]
SpaceX CEO Elon Musk warned him employees over the holiday that the company is facing growing crisis with it’s Raptor engine production that, if unsolved, could result in the company’s bankruptcy. In a serious effort to increase production of the engine meant to power its next-generation Starship launch vehicle, Musk urged workers to cut their […]
Weeks after Tesla CEO Elon Musk sold 900,000 shares of stock, earning over $1.1 billion, JPMorgan has sued the electric automaker, alleging that it owes the bank $162 million in connection with a 2014 stock custody agreement. The dispute focuses on adjustments the companies made to the agreement in response to Musk’s 2018 “[f]und secured” […]
After conducting a poll on Twitter last Saturday asking users whether he should sell 10 percent of his stocks, Elon Musk sold on Wednesday 900,000 shares of Tela’s stock, earning over $1.1 billion. This move was done to pay tax obligations for stock options. The company that is managing his businesses sold earlier in the […]
Tesla CEO and wealthiest person in the world Elon Musk tweeted out a poll Saturday, asking his Twitter followers whether he should sell 10 percent of his stock in the automaker, in order to pay more tax. When the poll closed Sunday afternoon, 57.9 percent of more than 3.5 million participants had voted “yes,” and […]
Elon Musk announced on Monday that Tesla has not signed a contract with Hertz, despite the rental car firm’s disclosure a week ago of a significant deal with the electric car manufacturer. Tesla shares jumped by 12.6 percent following the announcement of a massive order from Hertz of almost 100,000 vehicles on October 25, granting […]