Tesla CEO Elon Musk celebrating the opening of the carmaker’s Shanghai plant on Jan. 7, 2020. Xinhua News Agency/Getty Images As the world sorts out the implications of Elon Musk’s bombshell dea...
Tag: Elon Musk
Africa’s First Black Billionaire Motsepe Says Best Entrepreneurs Exude Musk-esque Confidence
Topline The most successful entrepreneurs boast a belief in their businesses that can border on arrogance—like that of the world’s wealthiest man, Elon Musk—Africa’s first black billionaire Patrice Mo...
A Speculation That Elon Musk Isn’t Thinking What You’re Thinking About Twitter
It was 1999 at Goldman Sachs, and a senior person in its private bank was asked what he was recommending his very rich clients buy. He replied that they should purchase AOL, and hold it for life. It’s...
Twitter Jumps Over 5% Amid Reports That It Will Accept Elon Musk’s Buyout Offer
Topline Shares of Twitter added to recent gains and jumped more than 5% amid reports that the social media company is in advanced talks to sell itself to Tesla billionaire Elon Musk, with a deal expec...
Private Axiom astronaut crew returns from ISS
Crew Dragon capsule Endeavour splashes down in the Atlantic Ocean with the Axiom Space Ax-1 crew on April 25, 2022. SpaceX SpaceX safely returned its Crew Dragon spacecraft from orbit on Monday, carry...
Elon Musk Slams ‘Shameless Puppets’ At SEC As New Texts Reveal Feud Around ‘Funding Secured’ Tweet Saga
Topline Tesla billionaire Elon Musk railed against regulators Monday morning after a court filing unearthed dozens of text messages between him and a Saudi investor discussing a deal to take the elect...
Tesla Billionaire Elon Musk Has Suddenly Sent The Price Of ‘Joke’ Bitcoin Rival Dogecoin Sharply Higher
Dogecoin DOGE , the meme-based, tongue-in-cheek bitcoin rival that’s a favorite of Tesla TSLA billionaire Elon Musk, has suddenly leaped higher—even as the bitcoin price dives. Subscribe now to ...
Twitter, Coca-Cola, Warner Bros. Discovery and more
Check out the companies making headlines in premarket trading. Coca-Cola — Shares of Coca-Cola rose about 1% after the company beat analysts’ expectations on the top and bottom lines in the rece...
SpaceX signs Hawaiian Airlines for free Starlink Wi-Fi on flights
Hawaiian Airlines plane Louis Nastro | Reuters SpaceX will start providing wireless internet on Hawaiian Airlines flights from the Starlink satellite network as early as next year, a service the airli...
Twitter Now More Open To Negotiating With Elon Musk On Acquisition, Report Says
Topline Twitter is re-examining Elon Musk’s offer to buy the social media company and has grown more willing to negotiate with the billionaire, the Wall Street Journal reported Sunday, days after the ...
Elon Musk Brings Internet Service Someplace Surprising
Last month, Jonathan Hofeller, vice president of Starlink commercial sales at SpaceX, Elon Musk’s aerospace company, declared that “connectivity on airplanes is something we think is ripe ...
Why Are Meme Coins Still A Thing, And Are They Worth The Gamble?
Dogelon Mars cryptocurrency logo displayed on a phone screen and representation of Dogecoin are seen … [+] in this illustration photo taken in Krakow, Poland on November 2, 2021. (Photo by Jakub...
Cathie Wood’s Ark Invest Sold $160 Million In Tesla Stock But Splurged On Streaming Giant Roku Amid Netflix Crash
Topline As a rash of disappointing earnings battered the already-struggling technology industry this week, famed stock-picker Cathie Wood, the CEO of New York City’s ARK Invest, cashed in on rec...
Workers in Shanghai struggle to get back to work
Tesla’s Shanghai factory was “back up and running” as of Wednesday, according to CEO Elon Musk’s comments during a quarterly earnings call, per a StreetAccount transcript. This...
Tesla Teases A Custom Robotaxi, Are They Crazy?
At the Gigafactory opening and in yesterday’s earnings call, Elon Musk teased about Tesla TSLA working on a vehicle to be dedicated to robotaxi service. This isn’t the first time Tesla has talked abou...
SpaceX signs Starlink inflight Wi-Fi deal with charter carrier JSX
SpaceX signed its first deal to add Starlink satellite internet to an air carrier’s fleet of planes with semi-private charter company JSX, as Elon Musk’s firm moves into the in-flight Wi-F...
Elon Musk’s Boring Company Raises $675 Million To Scale Traffic-Fighting Underground Loop Projects
Topline Elon Musk’s The Boring Company announced on Wednesday it has raised $675 million in Series C funding to scale its underground Loop projects and develop a next generation tunneling machine, tak...
Tesla Quarterly Profit Soars To $3.3 Billion As Supply Chain, Covid Woes Cloud Outlook
Tesla CEOElon Musk speaks at the opening of the electric carmaker’s Giga Texas plant on April 7, 2022 in Austin. AFP via Getty Images Tesla Inc., the world’s leading producer of electric vehicle...
Shanghai’s Covid Lockdown Deals A Blow To Elon Musk’s Tesla Production Goals
Workers at Tesla’s Shanghai Gigafactory build a Model 3 electric sedan. Newscom Tesla looks set for a year of dramatic growth amid spiking demand for its electric vehicles and the addition of tw...
Stocks Fall, Rates Climb Ahead Of Big Earnings Week That Includes Netflix And Tesla
Topline The stock market moved lower on Monday—extending a recent losing streak—while rates surged ahead of a big week of quarterly earnings results, with investors remaining nervous about the impact ...
Rivian CEO on growth, Amazon vans, SPAC bubble and lower-priced EVs
Rivian CEO RJ Scaringe on April 11, 2022 inside the company’s plant in Normal, Ill. Michael Wayland / CNBC NORMAL, Ill. – Rivian Automotive CEO Robert Scaringe hops out of one the automaker̵...