Tag: Tesla

Apple  (AAPL) – Get Apple Inc. Report who? The maker of the iPhone, a safe bet for many experts, seems to be living a nightmare like many tech companies. The Cupertino, Calif.-based firm must have the feeling that this horror dream is endless.  For now, the consequences are immense. The stock has lost 20% to $142.77…

Share to FacebookShare to TwitterShare to LinkedinTopline SpaceX is seeking up to $1.725 billion in new funding, CNBC reported Sunday, as the aerospace firm looks for capital for projects like its Starship rocket and Starlink satellite internet service. A SpaceX Falcon 9 rocket lifts off from launch complex 39A carrying the Crew Dragon spacecraft on…

Elon Musk wants his rivals, and maybe his critics, to know that he has a powerful legal team at his disposal.  The charismatic, enigmatic visionary who is currently in the midst of purchasing the Twitter (TWTR) – Get Twitter, Inc. Report, has taken to that social-media platform to lay out his legal-team plans. The move…

Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk made a surprise visit to Brazil on Friday to discuss Starlink connectivity with Brazilian President Jair Bolsonaro and other projects in the Amazon, and Bolsonaro hailed Musk’s proposed $44 billion deal to purchase Twitter as “a breath of hope.” Elon Musk enters the 2022 Met Gala…

Share to FacebookShare to TwitterShare to Linkedin Georgia Governor Brian Kemp, left, and Hyundai CEO Jay Chang at a signing ceremony for the automaker’s new electric vehicle and battery plant in Bryan County, Georgia. Office of Georgia Governor Brian Kemp Hyundai Motor Group intends to invest $5.54 billion in its first dedicated electric vehicle and…

The 41% drop by Tesla  (TSLA) – Get Tesla Inc Report shares since April 4 has put a sizable dent in the wealth of Elon Musk, chief executive of the electric-vehicle titan. It also has hit holders of Cathie Wood’s flagship fund, Ark Innovation ETF  (ARKK) – Get ARK Innovation ETF Report. Wood is the hotshot…

Updated at 11:08 am EST Tesla  (TSLA) – Get Tesla Inc Report shares slumped to a fresh 2022 low Friday as CEO Elon Musk promised that the clean-energy carmaker’s fortunes were on his mind ’24/7′ as lurid headlines continue to dog the world’s richest man. Musk said he was only spending around 5% of his time…

Share to FacebookShare to TwitterShare to LinkedinTopline SpaceX paid $250,000 in 2018 to resolve allegations that CEO Elon Musk sexually propositioned a flight attendant aboard one of the company’s corporate jets, Insider reported Thursday, in a story the tech billionaire dismissed as a “politically motivated hit piece.” Elon Musk at SpaceX’s Starbase facility near Boca…

Software shares have stumbled this year, in line with other technology stocks. The S&P Software & Services Select Industry Index has slid 31% so far in 2022. But hope isn’t lost, says Wells Fargo analyst Michael Turrin. “Rising rates, inflation, [the war in Ukraine], and tightening labor markets have contributed to increasing concerns around a…

Elon Musk navigates between running his multiple businesses and trying to save the planet.  At least, he tries to draw attention to global issues which he considers urgent to tackle.  For some time, the richest man in the world, with a net worth on paper estimated at $210 billion on May 18 by Bloomberg Billionaires…