Tag Archives: Elon

Tesla CEO Elon Musk may be just getting started when it comes to trying to shake up Twitter. It was disclosed on Monday that the somewhat unpredictable Musk took a 9.2% stake in Twitter. The stake — valued at close to $3 billion as of Twitter’s closing price on Friday — is defined as a passive one. Shares of Twitter surged 20% in the session. “This is just the appetizer. Ultimately, we believe he will have an active stake over the coming weeks or month. This is just a start. I think he will… Source link

(Bloomberg) — Elon Musk took a 9.2% stake in Twitter Inc. to become the platform’s biggest shareholder, a week after hinting he might shake up the social media industry. Most Read from Bloomberg Twitter shares surged as much as 27% after Musk’s purchase was revealed Monday in a regulatory filing. The gain marked the stock’s biggest intraday increase since its first day of trading following the company’s 2013 initial public offering. The stake is worth about $2.89 billion, based on… Source link

Elon Musk speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022JIM WATSON/AFP via Getty Images Mathias Döpfner, the CEO of Insider’s parent company, recently interviewed Tesla CEO Elon Musk. In response to the question, “what is your biggest fear?” Musk listed three existential threats. They included a declining birthrate, religious extremism, and “artificial intelligence going wrong.” Tesla CEO Elon Musk revealed three… Source link

A new study from Tipalti Approve compared the annual net worth of the world’s wealthiest people, predicting how soon they will reach a personal valuation of one trillion dollars. Elon Musk will be the first to reach the milestone — as quickly as 2024, based on analysis of average yearly growth trends. Musk currently boasts a net worth of around $200 billion, the highest of any living human. By mid-January of this year, that figure stood at $263 billion. Musk’s profitable work at Tesla ( Source link

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk posted in a Twitter thread on Monday advising followers to own “physical things” when inflation is high. In the tweet, Musk said “As a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high. I still own & won’t sell my Bitcoin, Ethereum or Doge fwiw.” The biggest takeaway for some followers… Source link

The US Securities and Exchange Commission has responded to Elon Musk’s . In a letter it filed on Friday with a New York federal judge, the SEC said its frequent check-ins with Tesla were consistent with expectations from the court overseeing the company’s 2018 settlement. At the time, Tesla had agreed its lawyers would preclear some of Musk’s tweets after one of his messages drew the attention of the SEC. The specific saw Musk say that he had “funding secured” to take Tesla private… Source link

Tesla CEO Elon Musk.Chris Saucedo/Getty Images for SXSW Billionaire investor Charlie Munger once told people at a lunch “all the ways Tesla would fail,” Elon Musk recounted. Musk said the Berkshire Hathaway vice chairman’s comment made him “quite sad.” Tesla is currently the world’s most valuable carmaker with a market capitalization of $954.3 billion. Elon Musk said billionaire investor Charlie Munger once told people at a lunch “all the ways Tesla would fail.” The Tesla CEO was responding to a… Source link

President Biden said something completely obvious on Feb. 8 — and it was big news for one of America’s most innovative companies. During an otherwise unremarkable address on domestic manufacturing, Biden referred to Tesla (TSLA) as “our nation’s largest electric vehicle maker.” This is unmistakably true, and nobody disputes it. But up till now, Biden has pushed aggressively for more electric vehicle manufacturing without ever acknowledging that Tesla already produces close to 1… Source link

Elon Musk.Picture Alliance/Getty Images The teen who went viral for tracking Elon Musk’s private jet got a job offer out of the saga. The New York Post said Jack Sweeney was offered work with Stratos Jet Charters. Musk previously offered Sweeney $5,000 to shut down the account and has since blocked the teen. The teen who went viral for tracking Elon Musk’s private jet on Twitter has gotten a job offer out of that pursuit. Jack Sweeney, 19, has been offered work with the Orlando, Florida,… Source link

Elon Musk in 2021 at a press event on the grounds of the Tesla Gigafactory near Berlin.Patrick Pleul/picture alliance via Getty Images 19-year-old Jack Sweeney runs a Twitter account that tracks Elon Musk’s private jet. Musk offered Sweeney $5,000 to remove it and give advice on how to make his jet less trackable. Sweeney told Insider he thought $5,000 was too low for the satisfaction he gets from the work. A 19-year-old who was offered $5,000 by Elon Musk to shut down a Twitter account tracking… Source link