Tag: Tesla

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…

Share to FacebookShare to TwitterShare to Linkedin Elon Musk attends the 2022 Met Gala on May 2, 2022. Getty Images for The Met Museum/Vogue Tesla, the world’s leading maker of electric vehicles, has been cut from S&P’s ESG Index created for environmentally conscious investors owing to flaws in its business conduct and, ironically, aspects of…

Elon Musk has come out of the (political) closet. The Tesla  (TSLA) – Get Tesla Inc Report CEO, who had gone several hours without saying something provocative, tweeted Wednesday afternoon what many had begun to suspect. After pointedly criticizing California as a “one party state” earlier this week, Musk said will no longer be supporting Democrats…

Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk doubled down Tuesday and said his $44 billion bid to buy Twitter “cannot move forward” until the company proves that fewer than 5% of accounts on the platform are fake, the latest road bump in a series of difficulties for one of the tech world’s most…