Elon Musk reopens Tesla factory in defiance of lockdown rules May 12, 2020 Tesla’s chief executive Elon Musk has said that the electric car firm will restart production at its factory in California despite an order forcing it to remain closed. In a tweet last night, Musk said that if anyone had to be arrested over the decision, it should be him: “Tesla is restarting production today against [...]
Elon Musk and Grimes name son X Æ A-12 May 6, 2020 Tesla chief executive Elon Musk and singer Grimes have confirmed they have named their newborn son X Æ A-12. Musk announced the birth of their son on Monday, tweeting: “Mom and baby all good”. He also announced the child would be called X Æ A-12 and Grimes later explained the choice of name. Musk also took [...]
Elon Musk tweets that Tesla stock price is ‘too high’ as he rails against lockdown again May 1, 2020 Outspoken Tesla chief executive Elon Musk has said Tesla stock is “too high” and called once again for the end of lockdown measures. The Tesla boss has come under fire for tweeting about the company’s stock in the past. In 2018, he was sued by the SEC after it argued Musk had made false statements [...]
Octopus becomes ‘unicorn’ after £300m deal with Australian firm Origin May 1, 2020 Challenger energy firm Octopus has today achieved unicorn status – a valuation of over £1bn – after agreeing a new partnership with Australian energy firm Origin. The agreement will see Origin put £300m into Octopus in return for 20 per cent of the company and license the UK firm’s Kraken technology platform to transform its [...]
Elon Musk labels lockdowns ‘fascist’ as Tesla offsets automotive slump April 30, 2020 Outspoken Tesla chief executive Elon Musk labelled the US’ coronavirus lockdowns as “fascist” as the firm surprised investors with another profitable period of trading despite the current market disruption. Speaking on a conference call last night, Musk said that the measures posed a serious risk to Tesla’s business and said he did not know when [...]
Elon Musk calls for end of lockdown ahead of Tesla first quarter earnings April 29, 2020 Billionaire Tesla boss Elon Musk today called for the end of the US coronavirus lockdown ahead of the electric car company’s first quarter results tonight. Musk tweeted: “FREE AMERICA NOW” and separately tweeted “give people their freedom back!” He also tweeted a story about the relaxation of lockdown in Texas with the comment: “Bravo Texas!” [...]
How industries can fight the Fake Elon Musk and Celebrity Crypto Scams April 28, 2020 The realism, scale and sophistication of scammers around the world using tech industry celebrities such as Bill Gates and Elon Musk continues to increase. This is especially visible around the case of Musk iit’s extended past the twitter “Crypto Giveaways” using images and fake accounts. It has gone so far to having live stream videos [...]
Is Skynet coming? April 28, 2020 This week I saw yet another headline ‘Skynet is near – Google scientists create Artificial Intelligence that evolves on its own” intimating that some sort of humanity destroying AI system is not only an inevitability but on the cusp of reality. Icons such as Stephen Hawking and Elon Musk have long proclaimed the end of [...]
Coronavirus: Firms must adapt to survive April 26, 2020 As companies slowly transition from shock to survival during what is arguably history’s biggest peacetime crisis, it is becoming increasingly clear that the coronavirus pandemic has the potential to completely transform how the world does business. During an initial ‘Shock Phase’, which started around the middle of March and ended towards the middle of April, [...]
Tesla to face shareholder lawsuit Elon Musk’s ‘funding secured’ tweet April 16, 2020 Tesla boss Elon Musk must face a shareholder lawsuit over a tweet in which he stated the company had secured funding for a go-private deal worth $72bn (£58bn), a judge has ruled. Shareholders have filed a suit alleging the billionaire founder attempted to defraud them with a 2018 tweet that read: “Am considering taking Tesla [...]