People walk near the entrance to Nike store, May 25, 2022 in Moscow, Russia. Konstantin Zavrazhin | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Nike – ...
Tag: Elon Musk
Elon Musk Revives a Grudge with a Familiar Foe
Elon Musk rarely forgets. And Tesla’s (TSLA) billionaire CEO certainly doesn’t forget those who have opposed him or his companies. To ensure they don’t keep a short memory, he rem...
Tesla Stock Jumps On Report of Very High Volume In Q3 Deliveries
Tesla (TSLA) shares moved higher Tuesday following a report suggesting executives are preparing for a ‘high volume’ of last minute deliveries that could close out a record quarter for th...
Musk’s Starlink May Bring Iran Internet Service During Government Crackdown
Topline Nearly a week after Iran’s internet went dark amid widespread—and deadly—anti-government protests in the wake of 22-year-old Mahsa Amini’s death in police custody, Elon Musk’s Starlink satelli...
More Lithium Mining, Wells Running Dry In California And EV Charging Infrastructure
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Forbes This past week we held the inaugur...
Are You Ready For Tesla’s Robot Humanoid Invasion?
Whatever you think of Elon Musk, you can’t deny that his car company Tesla has been the leading force behind the switch to electrification. Now Tesla is hoping to start another revolution. Musk teased...
What Was Announced Last Year? And What Should We Expect To See This Time?
| Getty Images Key Takeaways Tesla’s AI Day 2022 will livestream on September 30th. The big day involves a display of Tesla’s most compelling technology advances in the last year, and a preview of wha...
Elon Musk Warns Again About Troubles Ahead
Elon Musk is worried about the future of the economy. The CEO of electric vehicle maker Tesla (TSLA) has been repeating for the past few days his fears about what awaits the economy as the Federal ...
How Jared Isaacman uses fighter jets in training
Astronauts love fighter jets, and billionaire founder Jared Isaacman is no different. Isaacman, who founded payments company Shift4, is deep into training with his team for the first spaceflight of th...
Cruise News For Fall 2022
Norwegian Prima has a three-level race track on the top deck. Norwegian The cruise industry is booming, according to industry publication Cruise Critic, with many lines seeing some of their highest sa...
A National Charging Network, Ethereum’s Going Green And How Electric Cars Could Protect The Grid
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images for Alok This Monday marks t...
Bezos Loses Title of World’s Second Richest Man to Indian Billionaire
It was to be expected. Jeff Bezos has lost the title of second richest man in the world behind Elon Musk, electric-vehicle leader Tesla’s (TSLA) chief executive. The founder and executive ch...
Frontier Airlines recently held talks with SpaceX about adding Starlink Wi-Fi
A Frontier Airlines airplane taxis to a gate at Denver International Airport in Denver, Colorado, U.S., on Monday, Feb. 7, 2022. Michael Ciaglo | Bloomberg | Getty Images Frontier Airlines “rece...
Recent Investments By Top Activist Investors Include Bausch + Lomb, Twitter, BBBY & GameStop
| Getty Images Key Takeaways Activist investors attempt to purchase enough shares in a company so that they can pressure management into changes they believe will improve shareholder value. As seen wi...
Elon Musk Reiterates His Worst Nightmare for The Economy
The markets are slumping as investors worry about the consequences of the Federal Reserve’s aggressive interest-rate hikes, designed to fight an inflation rate that’s the highest in 40 yea...
SpaceX Starship has potential but not ready yet
Starship prototype #24 conducts a test firing of six of its Raptor engines at the company’s facility near Brownsville, Texas on Sept. 8, 2022. SpaceX PARIS — The leader of a Northrop Grumman sub...
Musk’s $44 billion buyout of Twitter accepted by shareholders ahead of trial
Twitter Inc, shareholders voted to approve a proposed $44 billion buyout of the company by billionaire Elon Musk, Bloomberg reported. A preliminary vote held Tuesday saw a majority of shareholders sup...
Twitter Shareholders Formally Accept Musk’s $44 Billion Offer He’s Desperately Trying To Get Out Of
Topline Twitter shareholders formally voted to accept Elon Musk’s $44 billion offer to take the company private, several outlets reported Tuesday afternoon, a largely expected move that adds to the bi...
Elon Musk Predicts the Near Death of These Cars
Elon Musk undoubtedly has helped change the face of the automobile industry. In less than 20 years, Tesla (TSLA) , which he co-founded, has become the benchmark for what all other carmakers aspire to...
Twitter Shareholders Poised To Approve Deal With Elon Musk—Even As He Keeps Trying To Terminate It
Topline A strained deal to sell Twitter to billionaire Elon Musk has preliminarily passed a key shareholder vote, Reuters and the Wall Street Journal reported Monday, even as Musk tries to back out of...
Tesla May Be Set to Build a New Plant – but Not the One You Think
Elon Musk, chief executive of Tesla (TSLA) , has promised that this year he’ll announce the locations of the electric-vehicle manufacturer’s next factories. The list should probably incl...
Twitter Dismisses Musk’s Claim That Severance Payment To Whistleblower Was A Breach Of Deal
Topline Twitter on Monday dismissed billionaire Elon Musk’s claim that a severance payment given to whistleblower and former executive Peiter Zatko violated the terms of his deal to acquire the social...
GM’s Affordable Electric Car, Crypto’s Energy Impact And Rotary’s Battery Recycling
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Los Angeles Times via Getty Images Earlie...
Twitter Whistleblower Reportedly Signed NDA As Part Of $7 Million Settlement
Topline Twitter and its former security chief-turned-whistleblower Peiter Zatko reached a roughly $7 million settlement and signed a non-disclosure agreement in June, the Wall Street Journal reported ...
As Elon Musk backs fossil fuels, one strategist sends warning over EV sales
The uptake of electric vehicles has increased in recent years, as countries around the world attempt to reduce the environmental effects of transportation. Simonskafar | E+ | Getty Images Recent comme...
‘The Sandman’ Creator Neil Gaiman Slams Elon Musk Over ‘The Rings Of Power’ Tweets
Neil Gaiman FilmMagic Yesterday, Tesla CEO Elon Musk tweeted that Tolkien must be ‘turning in his grave’ over the Amazon Lord Of The Rings adaptation The Rings Of Power. Musk also claimed that the mal...
Volkswagen and Porsche Take a Huge Risk With a Big Bet
Nothing stops Volkswagen (VLKAF) . Not Russia’s energy war on the European Union. Moscow has decided to cut gas supplies to Europe before the cold autumn and winter months because of the countr...