Tag Archives: Musk

Tesla (TSLA) CEO Elon Musk’s selling spree continues, to the chagrin of Tesla investors who can’t seem to catch a break. In a filing yesterday, Musk disclosed that he sold 22 million shares of Tesla stock Monday through Wednesday. The value of those Tesla stock sales was around $3.6 billion. Tesla shares have been under immense pressure the past few days, with shares down nearly 13% since the start of the week. Musk’s stock sales this week bring his total amount sold since April, when he… Source link

Elon Musk fan Cathie Wood seized a sizable chunk of Tesla stock (TSLA) late Wednesday after the stock extended a recent skid to its lowest level in more than two years. ARK Invest, Wood’s investment management firm, snapped up 74,862 shares of the electric-vehicle maker across three of her exchange-traded funds, according to a daily transaction report sent via email. The purchase was valued around $11.7 million, based on Wednesday’s closing price of $156.80. The snap-up by ARK also comes… Source link

By Rachael Levy (Reuters) – Elon Musk said on Wednesday he expects a wireless brain chip developed by his company Neuralink to begin human clinical trials in six months, after the company missed earlier timelines set by him. The company is developing brain chip interfaces that it says could enable disabled patients to move and communicate again, with Musk adding on Wednesday that it will also target restoring vision. Based in the San Francisco Bay Area and Austin, Texas, Neuralink has in recent… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, Nov. 30, 2022 Musk is taking on Apple. It might not end well. Elon Musk has a new nemesis, and it might be one that’s too big even for him. On Monday the Tesla (TSLA) CEO and Twitter owner fired off a series of tweets criticizing Apple (AAPL) for pulling advertisements from the social… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, Nov. 30, 2022 Musk is taking on Apple. It might not end well. Elon Musk has a new nemesis, and it might be one that’s too big even for him. On Monday the Tesla (TSLA) CEO and Twitter owner fired off a series of tweets criticizing Apple (AAPL) for pulling advertisements from the social… Source link

Elon Musk is going to war with Apple (AAPL). The Tesla (TSLA) CEO and new head of Twitter took to his social media platform on Monday to call out the iPhone maker for pulling back on advertising on the site and called out Apple for its 30% App Store fees. In a series of tweets, Musk accused Apple of suppressing speech by requiring apps in its store to abide by certain content standards and questioned whether or not the company hates free speech in America. In one tweet, Musk specifically… Source link

Elon Musk will need more trusted recruits if he wants to successfully reinvent Twitter, according to one former top CEO. Elon “needs a team around him,” Bill George, former Medtronic CEO turned leadership expert, said on Yahoo Finance Live (video above). “He’s not starting something new. This is an ongoing enterprise. Millions of people are posting every minute on that site. So I think he’s got a tiger by the tail. He’s a brilliant guy, but I think he’s going to need help. And I would like to… Source link

Twitter Chief Elon Musk says he’d consider making an “alternative phone” in the event that Twitter is removed from the Apple App Store and Google Play. Musk made the comments on Friday night in response to conservative commentator Liz Wheeler, who tweeted, “If Apple & Google boot Twitter from their app stores, @elonmusk should produce his own smartphone. Half the country would happily ditch the biased, snooping iPhone & Android. The man builds rockets to Mars, a… Source link

When it comes to litigation, it’s surprising the kinds of revelations that come out when someone is under oath. And that includes what’s next for Tesla’s (TSLA) leadership. During testimony yesterday at trial over Elon Musk’s 2018 pay package, Tesla board member James Murdoch testified that Elon Musk has identified someone as a potential successor for his role as CEO at Tesla. “He actually has,” Murdoch said when a plaintiff’s attorney asked him to confirm that Musk has never… Source link

By Leika Kihara NUSA DUA, Indonesia (Reuters) -Billionaire Elon Musk said on Monday he was working “at the absolute most amount…from morning til night, seven days a week” when asked about his recent acquisition of Twitter and his leadership of automaker Tesla Inc. “I have too much work on my plate that is for sure,” Musk said by videolink to a business conference on the sidelines of the G20 summit in Bali. Musk is chief executive of both companies and also runs rocket firm SpaceX, brain-chip… Source link