Tesla shares go up after Musk’s Twitter-induced $5bn offload November 11, 2021 Tesla shares have gone up as chief executive Elon Musk sold $5bn of his stocks following a Twitter poll. The car maker’s shares have increased by 3.3 per cent to $1,103.40, recovering from a slump suffered earlier this week, when they closed 5 per cent lower on Monday compared to the previous Friday. Market shares [...]
Twitter has spoken: Tesla shares fall as Musk abides by poll November 8, 2021 Tesla’s Frankfurt-listed shares have gone down 9 per cent after Elon Musk decided to sell 10 per cent of his quota following a Twitter poll. On Saturday, the chief executive – who is in the race to become the world’s first trillionaire – launched a Twitter poll asking users whether he should sell a consistent [...]
Elon Musk says he’ll sell Tesla stock if the UN can show how he can solve world hunger November 1, 2021 Responding to comments from the United Nations World Food Program (WFP) director, David Beasley, who told CNN that global hunger could be solved a “one-time” payment from some of the world’s wealthiest people, Elon Musk tweeted: “If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it.”
London transport hit by ‘aggressive’ marketing ‘assault’ from crypto meme coin Floki October 27, 2021 A digital token named after Elon Musk’s new dog, Floki, has rolled out hundreds of adverts in the capital in what it’s called “a full-out assault of the London public transportation system,” raising questions as to who is responsible for high-risk investments being advertised so widely. Floki Inu coin is one of many dog “meme” [...]
Watch as Elon Musk’s Tesla joins elite club of $1 trillion companies after Hertz deal October 26, 2021 Tesla joined an elite club of companies worth at least $1 trillion on the stock market on Monday after rental car agency Hertz announced a record-breaking electric car order for Elon Musk. Watch the full report.
Who wants to be a trillionaire? Musk in the race as Tesla profits hit record October 21, 2021 Morgan Stanley analysts believe Tesla’s founder and chief executive Elon Musk could become the world’s first trillionaire after the company’s results hit records, the Telegraph reported. The company’s revenues jumped 57 per cent to $13.7bn, with an operating income of $2bn and a 30 per cent increase in automotive gross margin while its shares more [...]
The award for the world’s most-talked about entrepreneur goes to… October 11, 2021 Certain entrepreneurs are so innovative and forward-thinking, their ideas and creations have a monumental impact on the world. Turns out, South African Elon Musk is the most discussed entrepreneur in the world, as there were 340,957 online articles published about the Tesla tycoon from September 2020 to August of this year. In second position is [...]
Elon Musk blasts chipmakers over ‘problematic’ supply October 6, 2021 Elon Musk has fired a broadside at two of the world’s largest chip manufacturers, accusing them of hampering production of Tesla’s electric cars. The boisterous billionaire said Tesla was “operating under extreme supply chain limitations regarding certain ‘standard’ automotive chips”. He singled out Renesas and Bosch as the “most problematic by far”. Car manufacturers have [...]
Elon Musk says Tesla is developing humanoid robot that can ‘eliminate dangerous and boring tasks’ August 20, 2021 Elon Musk has said Tesla is aiming to launch the prototype of a humanoid robot called “Tesla Bot” next year. Musk added that the robot would “eliminate dangerous, repetitive, boring tasks.” Watch the full report.
Watch: Elon Musk’s satellites beam internet into Chilean boy’s life August 20, 2021 A school in the small remote fishing hamlet of Sotomo, Chile, is the beneficiary of a pilot internet program run by Starlink, a division of Elon Musk’s SpaceX. Watch the full report.