(Photo by Lionel BONAVENTURE / AFP) AFP via Getty Images Shares of Twitter (TWTR) have been on the rise since trading as low as $31.30 on February 24, when many stocks set tradeable bottoms. The stock...
Tag: Elon Musk
Amazon signs rocket deal with Blue Origin, Arianespace, ULA for Project Kuiper internet satellites
Artist renderings of the companies’ rockets, from left to right: New Glenn, Vulcan Centaur, and Ariane 6. Blue Origin / United Launch Alliance / Arianespace Amazon on Tuesday announced what it s...
Elon Musk Acquired 9.2% Stake in Twitter, Will Dogecoin Rally Continue?
Elon Musk, the Tesla CEO, bought 9.2% stake in Twitter for $2.9 billion (prior to the bullish spike in today’s session). The filing shows Musk owns 73,486,938 shares. The filing lifted Twitter h...
Twitter, Tesla, Starbucks and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares soared 26.1% in the premarket after a Securities and Exchange Commission filing showed that Tesla CEO Elon M...
Elon Musk Acquires 9.2% Stake In Twitter
Topline Tesla CEO Elon Musk has acquired a 9.2% stake in Twitter, the social media giant disclosed in an SEC filing on Monday, a move that comes weeks after the billionaire accused Twitter of failing ...
Toyota Keeps a Crown Coveted by GM, Ford
What if the big winner of the difficulties that the automotive industry is currently going through was Toyota (TM) – Get Toyota Motor Corp. Report? The Japanese vehicle manufacturer seems to be...
Tesla Delivers Record 310,000 Vehicles During What Elon Musk Calls An ‘Exceptionally Difficult’ First Quarter
Topline Tesla produced and delivered record numbers of vehicles during the first quarter of 2022, despite supply chain issues, Covid surges and health restrictions in China causing it to shut down pro...
The Horizon Darkens for Faraday Future, Dubbed “Next Tesla”
Faraday Future Intelligent Electric (FFIE) – Get Faraday Future Intelligent Electric Inc. Report was long seen as the electric vehicle maker that would challenge Tesla’s (TSLA) – G...
Rivian Stock Alert: Tesla Rival Asks for Patience
The first quarter was brutal for Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report. The stock took a beating on Wall Street after the company failed to deliver on its vehicle delivery...
Russia-Ukraine War Helps Drive Nickel Prices, EV Headaches
Emily Pickrell, UH Energy Scholar NORILSK, RUSSIA – JULY 17: Excavators load ore in a dumpster July 17, 2002 in the Medvezhya … [+] mountains near Norilsk, Russia. In total, Norilsk produc...
UAW Says It’s Had No Contact With Tesla As Musk Amps Up Attacks On Union
Elon Musk is amping up his attacks on the United Auto Workers union. AFP via Getty Images Elon Musk’s invitation to the United Auto Workers to attempt to organize Tesla’s California assembly plant has...
Autos union chief responds to Elon Musk ‘inviting’ UAW to organize Tesla workers
Founder and CEO of Tesla Motors Elon Musk speaks during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker, in Sparks, Nevada. James Glover II | Reuters If T...
Sen. Elizabeth Warren says billionaires should pay more taxes to help the ‘next Elon Musk
Elon Musk and fellow billionaires should pay it forward in taxes to support the next generation of entrepreneurs who can make a difference, Sen. Elizabeth Warren, D-Mass., told CNBC on Tuesday. “...
Elon Musk Says He ‘Supposedly’ Has Covid Again
Topline Billionaire Tesla CEO Elon Musk, who has promoted Covid-19 misinformation and fiercely objected to vaccine mandates and stay-at-home orders throughout the pandemic, said on Monday he has “supp...
Tesla Cut From California EV Rebate Program After Price Hikes
Elon Musk speaks at the opening of Tesla’s new electric car plant near Gruenheide, Germany. Getty Images Tesla may be the top-selling electric vehicle brand but in California, its biggest market...
Elon Musk Drops Hollywood, Beauty Pageant and UFC
Elon Musk is an eccentric CEO and does not hide it. He is also a very busy entrepreneur. The billionaire, who built his fortune with the financial services company PayPal (PYPL) – Get PayPal H...
If You’re Short Elon Musk’s Companies, You Might Want to Read Ashlee Vance’s Biography
In a phone call with highly prominent investor Richard Strong about fourteen months ago, he asked me my thoughts on Elon Musk. While I didn’t have deep or detailed opinions on the entrepreneur, I’d wr...
SpaceX raises prices for launches and Starlink due to inflation
A Starlink logo of a satellite internet constellation being constructed by SpaceX is seen on a smartphone and a pc screen. Pavlo Gonchar | LightRocket | Getty Images WASHINGTON — SpaceX is raising pri...
Elon Musk’s SpaceX sent thousands of Starlink satellite dishes to Ukraine, exec says
A shipment of SpaceX’s Starlink satellite antennas, also known as terminals, arriving in Ukraine. Fedorov Mykhailo on Twitter WASHINGTON – SpaceX has sent “thousands” of Starlink sat...
SpaceX will hopefully launch Starship orbital flight in May
Prototypes of SpaceX’s Starship rocket and Super Heavy booster stand at the company’s Starbase facility in Texas. Michael Sheetz | CNBC Elon Musk on Monday gave an update on the timeline f...
Aviation internet market ripe for overhaul
A passenger plane takes off from Frankfurt Airport. The aviation industry is particularly hard hit by the effects of the global Corona pandemic. Picture alliance | Getty Images WASHINGTON – Elon Musk&...
U.S. space companies to benefit from Russia pullback: Quilty Analytics
A Falcon 9 rocket carries 49 Starlink satellites toward orbit on Feb. 3, 2022. SpaceX Russia is rapidly cutting itself off from much of the global space industry in response to Western sanctions due t...
Elon Musk’s Starlink Becomes Most-Downloaded App In Ukraine
Topline Starlink, the app that enables mobile users to access SpaceX’s satellite internet service of the same name, was the most-downloaded app in Ukraine Monday afternoon after reaching the top spot ...
Elon Musk says own ‘physical things’ when inflation is high, but he’s not selling his crypto
Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images As inflation roars at a p...
Ford says it will ramp up EV offering in Europe
A Ford facility in Cologne, Germany, photographed in February 2021. Oliver Berg | AFP | Getty Images Ford has laid out plans to roll out three new passenger electric vehicles and four new commercial E...
‘I Won’t Sell’—Tesla Billionaire Elon Musk Issues Inflation Advice As The Price Of His Bitcoin, Ethereum And Dogecoin Plummet
Bitcoin and cryptocurrency prices have been under pressure through most of 2022, with the bitcoin price losing almost 20% so far this year. Subscribe now to Forbes’ CryptoAsset & Blockchain ...
Grimes Ditching Elon Musk For Chelsea Manning Has The Internet Questioning Reality
Grimes performs on Day 3 of the Osheaga Music and Art Festival at Parc Jean-Drapeau on July 31, 2016 … [+]6 in Montreal, Canada. (Photo by Mark Horton/WireImage) WireImage Claire Boucher, known ...
Rivian Makes an Unexpected Gift to Tesla, Ford and GM
Things aren’t working out so well for Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report these days. The young manufacturer of electric vehicles seems to be experiencing a series...
Lucid, Rivian and Fisker Miss a Huge Opportunity to Knock Tesla Out
In sport, the challengers know that they must solidify the rare opportunities that will present themselves to bring down the big favorites. They must be realistic and seize any opportunity to destabi...