Topline Tesla CEO Elon Musk’s ultimatum for employees to return to the office for at least 40 hours per week—or else—started a Twitter spat with Atlassian’s billionaire CEO Scott Farquhar, who said Te...
Tag: Elon Musk
Stocks Fall Despite Strong Jobs Report As Rates Surge On Recession Fears
Topline The stock market moved lower on Friday and government bond yields surged after the U.S. economy added a more-than-expected 390,000 jobs in May, with the strong labor market signaling to invest...
Turning Point Therapeutics, Lululemon, RH and others
Check out the companies making headlines before the bell: Turning Point Therapeutics (TPTX) – The biopharmaceutical company’s shares more than doubled in premarket trading after agreeing to be a...
Elon Musk Reportedly Wants To Lay Off 10% Of Tesla’s Workforce As He Frets About The Economy
Topline Tesla CEO Elon Musk wants to lay off around 10% of Tesla’s workforce due to his concerns about the state of the global economy, Reuters reported on Friday citing an internal email sent to comp...
The SEC Is Fed Up With ESG Greenwashing
It was a bad May for greenwashing. On the 31st, German police raided Deutsche Bank and its asset management group DWS over accusations that they fudged their Environmental, Social and Governance (ESG)...
Amber Heard’s Lawyer Says Actress Can’t Pay $10 Million Judgment To Johnny Depp
Topline Amber Heard’s lawyer said Thursday the actress cannot afford to pay the roughly $10 million judgment she owes ex-husband Johnny Depp, after a Virginia court ruled Wednesday she defamed him in ...
These Five Billionaires Fortunes Sank By $300 Billion
Five billionaires lost a total of $300 billion recently as their fortunes plummeted during the recent market downturn, according to the Bloomberg Billionaires Index, which is a daily ranking of the wo...
How Coors Is Making Clean Fuel
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 A new report from consulting firm D...
Elon Musk and Tesla Set Their Sights on a Popular Industry
Elon Musk and Tesla (TSLA) – Get Tesla Inc Report completely changed the automotive industry. Five years ago, legacy vehicle manufacturers were still skeptical about the turn to electrificatio...
Boeing lands Starliner capsule, completing a crucial test flight
Boeing’s Starliner capsule lands in White Sands, New Mexico on May 25, 2022 to complete the OFT-2 mission. NASA TV Boeing landed its uncrewed Starliner spacecraft in the New Mexico desert on Wed...
SpaceX’s Starlink surpasses 400,000 subscribers globally
A Starlink satellite terminal, also known as a dish, setup in front of an RV. SpaceX Elon Musk’s SpaceX told federal regulators in a presentation last week that its Starlink satellite internet s...
SpaceX Seeks Funding Following Boeing’s Successful Weekend
Say what you will about Elon Musk, but raising money for his companies has never been a problem. Tesla (TSLA) – Get Tesla Inc Report for example has raised a total of $20.2 billion in funding ...
SpaceX president Gwynne Shotwell defends Elon Musk over sex misconduct allegations
SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency&#...
Elon Musk’s SpaceX looks to raise $1.7 billion in new funding
A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX SpaceX is raising a massive round of fresh funding, CNBC has learned, sending the private company’s v...
‘Elon Musk’s Crash Course’ Takes A Cursory Look At Engineering And Regulatory Failure
FILE – This file photo provided by the National Transportation Safety Board via the Florida Highway … [+] Patrol shows the Tesla Model S that was being driven by Joshua Brown, who was kill...
Musk Lashes Out At ESG As The Brand Starts To Lose Its Luster
BEIJING, CHINA – OCTOBER 23: (CHINA OUT) Elon Musk, Chairman, CEO and Product Architect of Tesla … [+] Motors, addresses a press conference to declare that the Tesla Motors releases v7.0 S...
Electric vehicle prices rise at Tesla, Rivian, GM and other carmakers
Tesla’s Model 3 at the Tesla store in Washington, D.C. Salwan Georges | The Washington Post | Getty Images Automakers from Tesla to Rivian to Cadillac are hiking prices on their electric vehicle...
Climate Change And Y2K, Elon Musk Calls ESG ‘A Scam’ And A Way To Beat Forever Chemicals
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. Two digit dates had the potential to caus...
Elon Musk Makes Surprise Trip To Brazil – Bolsonaro Calls Him ‘Legend Of Freedom’
Topline Elon Musk made a surprise visit to Brazil on Friday to discuss Starlink connectivity with Brazilian President Jair Bolsonaro and other projects in the Amazon, and Bolsonaro hailed Musk’s propo...
Tesla Is Being Booted From The ESG Index
Getty Images Key Takeaways Tesla was removed from the S&P 500 ESG Index Exxon is a leading company in the index, causing conflicts of interest Investors can still invest in clean tech with Q.ai’s ...
SpaceX Reportedly Paid $250,000 To Settle Sexual Harassment Accusation Against Elon Musk
Topline SpaceX paid $250,000 in 2018 to resolve allegations that CEO Elon Musk sexually propositioned a flight attendant aboard one of the company’s corporate jets, Insider reported Thursday, in a sto...
Twitter Reportedly Tells Employees Musk Deal Not ‘On Hold’
Topline Twitter’s top lawyer Vijaya Gadde told employees at an all-hands meeting on Thursday that the $44 billion acquisition offer from billionaire Elon Musk was moving forward and there was “no such...
Boeing’s Starliner OFT-2 launch update: What’s at stake
A United Launch Alliance Atlas V rocket with Boeing’s Starliner spacecraft aboard is seen as it is rolled out to the launchpad for the OFT-2 mission scheduled to lift off on May 19, 2022. Joel K...
Elon Musk Bites The Hand That Fed Him By Bashing California And Democrats
Elon Musk moved to Texas and now appears to embrace the politics of the Republic Party and Texas Governor Greg Abbott Getty In the weeks since Tesla CEO Elon Musk began his gambit to acquire Twitter, ...
Elon Musk Tweets He’ll Vote Republican—And Slams Democrats As ‘Party Of Division & Hate’
Topline Prospective Twitter buyer Elon Musk proclaimed Wednesday he will no longer back Democrats, making a vow to “vote Republican,” in a tweet that became his latest to dominate the soci...