There’s probably nothing more stress-inducing for Americans right now than going to the gas station. For those who have invested in electric vehicles already, the sting of inflation-driven fuel costs is not a problem (although EV owners certainly have some other issues). But many feeling the crunch are looking to electric vehicles as a potential…
Share to FacebookShare to TwitterShare to Linkedin Tesla Technoking Elon Musk NurPhoto via Getty Images Shares of Tesla fell nearly 9% Thursday amid a negative news cycle that didn’t have anything to do with the electric vehicle maker’s outspoken chief opening his mouth. The fortune of the world’s richest person, Tesla’s Technoking Elon Musk, shrunk…
Share to FacebookShare to TwitterShare to LinkedinTopline An open letter was reportedly posted in an employee chat channel at SpaceX on Wednesday that flames CEO Elon Musk for recent behavior that it describes as a “distraction” and an “embarrassment,” and calls for the company to “hold all leadership equally accountable.” Billionaire entrepreneur and founder of…
On May 16, 1956, President Dwight D. Eisenhower officially opened the GM (GM) – Get General Motors Company Report Technical Center in Warren, Michigan in a nationally television ceremony. At that time, the facility was the largest corporate building project in the world, costing more than $125 million and Life Magazine dubbed the center “The Versailles…
Tesla’s (TSLA) – Get Tesla Inc. Report popular Model Y SUV has been a successful seller for the leading electric vehicle maker, as the vehicle along with the Model 3, have represented 95% of the company’s production and deliveries in the first quarter The Model Y SUV is so popular that days after it introduced the…
Here are five things you must know for Wednesday, June 15: 1. — Stock Futures Higher As Fed Rate Bets Accelerate U.S. equity future moved higher Wednesday, following on from a session which consolidated a bear market for the S&P 500, as investors looked to perhaps the most important Federal Reserve rate decision in more than…
Billionaire Michael Saylor and his company MicroStrategy (MSTR) – Get MicroStrategy Incorporated Report are at the center of attention with the fall of Bitcoin. Saylor is one of the most famous Bitcoin evangelists. He praises the merits of the king of the cryptocurrencies almost daily on his Twitter account followed by more than 2.5 million people. …
Electric Last Mile Solutions (ELMS) on Dec. 11 2020, announced it was going to list on the Nasdaq through a merger with a special purpose acquisition company. “The demand for cost effective solutions to support the e-commerce ecosystem is overwhelming,” James Taylor, the commercial electric vehicle maker’s then-CEO, said at the time. “This industry promises rewards…
Before AT&T formally sold-off Warner Bros. to Discovery Media (DISCA) – Get Warner Bros Discovery Inc Com Ser A Report, John Oliver took great delight in mocking HBO’s parent company, frequently calling them “business daddy” and skewering the company’s reputation for poor cellular service (amongst other common complaints). In the most recent episode of his…
Elon Musk loves lighting fires. The CEO of Tesla (TSLA) – Get Tesla Inc. Report thus uses his Twitter account, which has nearly 98 million followers, to express himself both on urgent matters and on hot societal issues. For several months now, the billionaire entrepreneur has taken a stand on almost all the debates dividing the…