Tag Archives: Musks

When Tesla (TSLA) reports earnings on Wednesday, all eyes won’t be on whether Elon Musk comments on his bid for Twitter on the earnings call (or if he is even on the call) but rather how big of a hit the company will experience due to a Shanghai factory production shutdown. “With Berlin and Austin key factories now online and producing Model Y’s in a quickly ramping pace, the main question for tomorrow is just how bad the China production issues are and what that means for deliveries in 2Q… Source link

Elon Musk’s big bid to buy all of Twitter has probably awakened numerous executives inside of Google and Meta, said tech titan and Dallas Mavericks owner Mark Cuban. “Every major tech company, Google, fb, et al is on the phone with their anti trust lawyers asking if they can buy Twitter and get it approved. And Twitter is on the phone with their lawyers asking which can be their white knight. Gonna be interesting,” Cuban said in a new tweet on Thursday. Yahoo Finance reached out to Mark Cuban… Source link

Elon Musk owns 23% stake in Tesla. Photo: Patrick Pleul/AFP via Getty Images Tesla (TSLA) boss Elon Musk is set to sell 10% of his stock in the company, worth $21bn (£15.6bn) following a Twitter poll he ran at the weekend. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” he tweeted. “Do you support this?” 3.5 million twitter accounts voted 57.9% in favour of the move. Musk, who is the world’s richest man, launched the poll in… Source link

(Bloomberg) — Elon Musk was acting as a proper chief executive officer as Tesla Inc. weighed the purchase of power provider SolarCity in 2016, his longtime ally and fellow Tesla director Antonio Gracias told a judge. A two-week trial over the billionaire CEO’s role in the $2 billion transaction wrapped up on Monday, and now Judge Joseph Slights III must decide whether Musk — who was the solar company’s chairman and largest shareholder at the time — properly removed himself from the… Source link

Leave it to Elon Musk to give Dogecoin the lift it sorely needed. With yet another market-moving tweet on Friday, the Tesla chief—who famously dubbed himself “The Dogefather”—lifted Dogecoin out of its recent slump, driving the crypto meme-coin back above 22 cents after a steady decline that had seen it slip below 20 cents on Thursday. That’s still a long way from Dogecoin’s heady highs in May, when it broke 74 cents in the buildup to Musk’s hotly anticipated Saturday Night… Source link

Elon Musk, the CEO of Tesla Motors (TSLA) during the day and a Johnny-come-lately cryptocurrency influencer in his spare time, is no stranger to setting trends.  He can now add a special breed of dogs to that list.  On Friday Musk tweeted, “My Shiba Inu will be named Floki,” sending both dog and crypto lovers on a frenzy amid heightened interest around dogecoin (DOGE-USD), the digital currency that features the Shiba Inu dog.  Interestingly enough, dog breeders Tom & Sandie Rolenaitis… Source link

Elon Musk’s repeated criticisms of bitcoin (BTC-USD) appear to have come at a cost — at least when you look at how people are feeling about him on Twitter. According to data from sentiment tracking company Awario shared exclusively with Yahoo Finance, the positive-to-negative sentiment of tweets about Musk reached a new low in May, falling significantly around the same time cryptocurrency prices plunged after Musk started criticizing bitcoin and announced Tesla would no longer accept it as… Source link

Bitcoin’s (BTC-USD) price continued its free fall on Wednesday morning, down 15% to about $37,000 per coin by noon EDT. The cryptocurrency has dropped nearly 40% since Tesla (TSLA) CEO Elon Musk first bashed the fossil fuel emissions from bitcoin’s mining process a week ago. “I believe what he said will be a changing point for the way bitcoin is perceived. He is casting a spotlight on energy use for … bitcoin, which is relevant. And it is making companies such as ourselves more… Source link

Bloomberg Iran Gears Up for Return to Oil Market as U.S. Talks Advance (Bloomberg) — Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress. But even if a deal is struck, the flow of additional crude into the market may be gradual.State-controlled National Iranian Oil Co. has been priming oil fields — and customer relationships — so it can increase exports if an accord is clinched, officials said. Under the most optimistic estimates, the country… Source link

Here’s some free advice for the Honda Motor Company: Market your cars to the newly bitcoin rich. I’ve already got the ad copy for you.  A true bitcoiner is building for the future and deferring gratification. She doesn’t blow her hard-earned savings on flashy toys. She prefers a solid, dependable family car. Related: UK Man Ordered to Pay More Than $571M for Fraudulent Bitcoin Trading Scheme: CFTC And a slogan…. Lambos are for losers. HODLers drive Hondas. Marc Hochstein, CoinDesk’s… Source link