Tag Archives: Musk

Tesla (TSLA) CEO Elon Musk denied reports Friday that he demanded to be Apple (AAPL) CEO during a 2016 phone call in which Apple’s Tim Cook discussed buying the electric vehicle maker. Musk also took a separate swipe at Apple’s App Store fee on Friday, tweeting that it’s a “global tax on the internet.” The tweets from Musk were apparently prompted by a new book from The Wall Street Journal’s Tim Higgins, called “Power Play: Tesla, Elon Musk and the Bet of the Century.” That… Source link

Elon Musk unveiling of the Tesla Model Y in Hawthorne in 2019. A new book doles out the credit and blame for the electric car’s ups and downs. (Frederic J. Brown / AFP via Getty Images) Apple Chief Executive Tim Cook and Tesla Chief Executive Elon Musk are talking on the phone. The 2016 unveiling of the make-it-or-break-it Model 3 is coming soon, but Tesla is in serious financial trouble. Cook has an idea: Apple buys Tesla. Musk is interested, but one condition: “I’m CEO.” Sure, says Cook…. Source link

(Bloomberg) — Bitcoin traded above a crucial technical level over the weekend for the first time since early May, after comments from Ark Investment Management LLC’s Cathie Wood and Tesla Inc. Chief Executive Officer Elon Musk helped boost its momentum. The largest cryptocurrency rose above its 50-day moving average on Saturday for the first time since May 12. It rose again Sunday, its fifth consecutive day of gains, to as high as $34,609. Bitcoin had looked to be in danger of further… Source link

Elon Musk appeared to reverse his position on Tesla accepting bitcoin, as the currency heads towards a more climate-friendly future. Photo: Joe Skipper/Reuters Electric car magnate Elon Musk has said his company Tesla (TSLA) will likely start accepting bitcoin (BTC-USD) again for vehicle purchases, a U-turn on his stance on the cryptocurrency.  Justifying the move, he said on Wednesday at the B-Word conference, an event hosted by the Crypto Council for Innovation: “It looks like bitcoin is… Source link

On May 8, billionaire Tesla CEO Elon Musk appeared on “Saturday Night Live” after having tweeted about cryptocurrency Dogecoin (DOGE-USD) for months. Since that appearance, the digital asset is down nearly 80%. Dogecoin’s value peaked right before the show aired on the expectation that Musk, who had become known as a doge bull, might plug the coin, sending it higher, or “to the moon.” Musk did talk about it during the Weekend Update segment – he was asked repeatedly by hosts… Source link

On the morning of Tuesday, July 20, former Amazon (AMZN) CEO Jeff Bezos, along with passengers Mark Bezos, Wally Funk, and Oliver Daemen, took to the skies and beyond aboard Blue Origin’s New Shepard suborbital launch vehicle. Bezos’ maiden voyage came just over a week after English business magnate and founder of the Virgin Group (VGII) Sir Richard Branson’s July 11 spaceflight aboard Virgin Galactic’s (SPCE) VSS Unity spacecraft. VAN HORN, TEXAS – JULY 20: The New Shepard Blue Origin… Source link

By Tom Hals and Sierra Jackson WILMINGTON, Del. (Reuters) – Elon Musk insisted in court on Monday he does not control Tesla Inc and said he did not enjoy being the electric vehicle company’s chief executive as he took the stand to defend the company’s 2016 acquisition of SolarCity. The lawsuit by union pension funds and asset managers alleges the celebrity CEO strong-armed Tesla’s board into wasting the company’s assets to buy SolarCity, which was running out of cash. Musk at the time… Source link

Elon Musk, the world’s second-richest man, told Twitter he rented a $50,000 house in Texas. He’s speculated to be living in a prefabricated home made by the housing startup Boxabl. The billionaire appears to be keeping a promise he made in May last year to “own no house.” Visit Insider’s homepage for more stories. Tesla CEO Elon Musk – the world’s second-richest man, with a net worth of about $185 billion – said in a tweet in June that he rented a home in Boca Chica, Texas, that costs $50,000. On… Source link

Tesla (TSLA) CEO Elon Musk recently spoke out regarding the energy consumption of bitcoin (BTC-USD) and other cryptocurrency mining operations, questioning the sustainability of current levels of power consumption and emphasizing the importance of adopting renewable energy sources.  However, Don Vo, CEO of VBit Technologies, told Yahoo Finance Live that he believes Musk is wrong about the issue. “I think Elon Musk is wrong, or maybe he’s just setting up a story for his front and his future… Source link

(Bloomberg) — Bitcoin jumped above $39,000 after Elon Musk said Tesla Inc. would resume transactions with the cryptocurrency when mining is done with more clean energy. The transactions will start back up “when there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend.” Musk also reiterated the electric-car maker had sold about 10% of its Bitcoin holdings to demonstrate the token’s liquidity. His tweet was in reply to a report in Cointelegraph,… Source link