Tag Archives: Musk

Tesla will finally start selling the Cybertruck next year, Elon Musk has announced at the opening party for the company’s Giga Texas factory. During his presentation on stage, Musk showed off the production Cybertruck vehicle, which still looks like the previous versions, except its doors no longer have handles. The car will be able to tell that you’re there and will know that it’s supposed to open the doors. He also apologized for the delay on releasing the Cybertruck that was first Source link

Elon MuskHANNIBAL HANSCHKE /Getty Images Twitter plans to host an internal AMA with board member Elon Musk, according to The Washington Post. Some employees were anxious about Musk’s role, according to company messages viewed by The Post. One staffer asked if board members were held to the same tweeting standards as employees. A Twitter employee said on the company’s Slack channel that staff would be the subject of an HR investigation if they tweeted like Tesla founder Elon Musk, who now owns 9%… Source link

Tesla (TSLA) CEO Elon Musk’s disclosure on Monday that he acquired a 9.2% stake in Twitter (TWTR) represents just the type of surprise for investors that U.S. regulators may soon curtail. In February, the U.S. Securities and Exchange Commission proposed a controversial rule change that it says can “modernize” disclosure rules for investors who buy a large block of a public company’s stock. Electronic filing advances since the rule was adopted in 1968, the agency says, make it possible… Source link

(Bloomberg) — Elon Musk refiled the disclosure of his stake in Twitter Inc. to classify himself as an active investor, making the change after taking a seat on the social media company’s board. Most Read from Bloomberg Musk, a billionaire who is chief executive officer of Tesla Inc., filed a form 13D with the U.S. Securities and Exchange Commission on Tuesday, disclosing a stake of 9.1%. The new filing indicates that Musk plans to take an active role in shaping Twitter’s agenda. The form… Source link

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

By Nivedita Balu (Reuters) – Tesla Inc boss Elon Musk on Monday disclosed a 9.2% stake in Twitter Inc, worth nearly $3 billion, making him the micro-blogging site’s largest shareholder and triggering a rise of more than 27% in the company’s shares. Musk’s move, revealed in a regulatory filing, comes on the heels of his tweet that he was giving “serious thought” to building a new social media platform, while questioning Twitter’s commitment to free speech. He also started a poll asking Twitter… 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