Tag Archives: Musk

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

San Francisco (Reuters) -Tesla Inc Chief Executive Elon Musk has exercised all of his options expiring next year, signaling an end to his stock sales that triggered a fall in the share price of the world’s most valuable carmaker.    Musk said last week that he would reach his target of selling about 10% of his stake in Tesla “when the 10b preprogrammed sales complete,” likely referring to his options-related stock sales.    Since early November, he has exercised options expiring next… Source link

(Reuters) – Tesla Chief Executive Officer Elon Musk was named Time magazine’s “Person of the Year” for 2021, a year that saw his electric car company become the most valuable carmaker in the world and his rocket company soar to the edge of space with an all-civilian crew.    Musk is also the founder and CEO of SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company. Tesla’s market value soared to more than $1 trillion this year, making it more valuable… Source link

The war of words between Binance founder and CEO Changpeng Zhao and Tesla CEO Elon Musk is heating up. Musk tweeted at Zhao on Tuesday after the cryptocurrency exchange limited withdrawals of dogecoin. “Well, I don’t intend to be sassy on Twitter… In his tweet he said I am shady,” said Zhao, known as CZ in crypto circles, on Yahoo Finance Live, when asked about the recent Twitter exchange.  “I am not aggressive by nature, but not submissive or cowardly when it comes to defending our… Source link

(Bloomberg) — Elon Musk, the world’s wealthiest person, directed a series of insults at Bernie Sanders on Twitter after the U.S. senator repeated his call for billionaires to pay more in taxes. Most Read from Bloomberg Musk even raised the notion of selling more of his Tesla Inc. shares, which would require him to pay capital gains taxes. The 80-year-old Sanders, who unsuccessfully sought the Democratic Party presidential nomination in 2016 and 2020, on Saturday tweeted that “we must… Source link

Reuters IBM, Amazon partner to extend reach of data tools for oil companies International Business Machines Corp and Amazon.com Inc’s Amazon Web Services said on Monday they would work together to extend the reach of a set of tools that oil companies use to manage disparate types of data. Amazon in 2018 worked with Royal Dutch Shell to create a technology to turn data from more than a century of oil production, largely from paper records, into a standardized format for multinational oil… Source link