Share to FacebookShare to TwitterShare to LinkedinDietrich Mateschitz turned Red Bull into an energy drink associated with adventure and extreme sports, tapping creative marketing along the way. He died at age 78, Getty Images It’s not often that one person kicks off a whole new beverage category. But Dietrich Mateschitz used his marketing smarts to…
Share to FacebookShare to TwitterShare to LinkedinElon Musk is still the world’s richest person—but he’s worth one third less than about a year ago, and some Tesla shareholders aren’t happy. Getty Images In November last year, Tesla CEO Elon Musk became the first person in history to obtain a $300 billion fortune. A lot has…
Share to FacebookShare to TwitterShare to LinkedinTopline Shares of Tesla declined more than 3% Wednesday afternoon after the company fell short of expectations on its third-quarter revenue, though the company did beat estimates for earnings per share and profit. Tesla CEO Elon Musk talks during a tour of the Tesla Gigafactory on August 13, 2021…
Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk, the world’s richest man, announced a fresh foray into the perfume industry on Tuesday, hawking a “Burnt Hair” fragrance that he claimed sold 10,000 bottles within hours of launching, continuing the billionaire’s record of capitalizing on humor and his enthusiastic fan base to transform seemingly joke…
Share to FacebookShare to TwitterShare to Linkedin“Perfume Salesman” Elon Musk WireImage At least 24 sellers on eBay are offering Elon Musk’s new Burnt Hair perfume at markups of as much as ten times the official cost of $100. The Tesla billionaire began offering the new perfume on the website for his Boring Co. on Tuesday,…
Share to FacebookShare to TwitterShare to LinkedinTopline Brett Favre spoke for the first time Tuesday about his alleged involvement in a multi-million dollar Mississippi welfare scam—a scandal for which the Hall of Famer and former Green Bay Packers quarterback does not face any criminal charges—arguing he has “done nothing wrong” and has been “unjustly smeared”…
Share to FacebookShare to TwitterShare to LinkedinTopline Younger rich Americans are far more likely to shun traditional investments in favor of ones they view as more likely to bring higher returns than their older peers, according to a Bank of America survey released Tuesday. The younger elite are piling into crypto. AFP via Getty Images…
Share to FacebookShare to TwitterShare to LinkedinTopline A Delaware judge on Thursday pushed back the date of a trial over billionaire Elon Musk’s $44 billion deal to buy Twitter, giving Musk more time to complete the purchase after he indicated this week he would drop his attempts to back out of the agreement, a loss…
Share to FacebookShare to TwitterShare to LinkedinTopline When Tesla CEO Elon Musk revived his deal to buy Twitter for $44 billion this week, he called it on Tuesday “an acceleration to creating X, the everything app”—and while the billionaire has not offered many details on his ideas for the application, previous comments suggest he wants…
Share to FacebookShare to TwitterShare to LinkedinTopline The U.S. economy shrank for a second quarter in a row this year, a third and final estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming…
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