Twitter reported a staggering decline in its revenue as the social media giant gets into the legal tussle with the world’s richest man, Elon Musk. Twitter share down by 12% over past 6 months Accordin...
Tag: Elon
Does Crypto Still Care About Elon Musk?
It’s also true that, despite this year’s long drawdown, bitcoin and crypto in general are in a vastly different place than they were 18 months ago. Though two years of crypto hype produced the u...
Elon Musk Reveals Why Tesla Dumped $936,000,000 in Bitcoin (BTC) in the Second Quarter
Tesla CEO Elon Musk is opening the lid on why the electric car maker disposed of a large chunk of its Bitcoin (BTC) holdings. In a second-quarter earnings call, Musk says Tesla sold a big portion of i...
Twitter Posts $270 Million Loss In First Earnings Report Since Elon Musk ‘Terminated’ $44 Billion Takeover Deal
Topline Social media giant Twitter posted a worse-than-expected loss Friday morning in its first earnings report since billionaire Elon Musk backed out on a deal to buy the company, fueled in part by ...
Will Elon Musk’s Tesla Continue To Hodl Dogecoin Or Liquidate In Near Term?
The market value of cryptocurrencies is still greater than $1 trillion, despite the fact that electric vehicle (EV) manufacturer tesla tesla E-Commerce Followers : 0 View profile disclosed that it sol...
Michael Saylor Takes Shot at Elon Musk on Twitter Over Tesla’s $936M Bitcoin Sale
Shortly after EV manufacturer Tesla disclosed it had sold three quarters of its Bitcoin holdings, MicroStrategy CEO Michael Saylor took to Twitter to publicly do the math. “If you sell 75% of your bit...
Elon Musk Trumps Warren Buffett In Today’s Japan
Shinzo Abe grabs a ride with Tesla CEO Elon Musk in a Model S P85D at Tesla’s headquarters in Palo Alto, California in 2015. Josh Edelson/AFP via Getty Images With all due respect to Shinzo Abe’...
Elon Musk: Tesla Sold Its Bitcoin Because of COVID Lockdowns in China
During Today’s Tesla earnings call, Tesla CEO Elon Musk explained the reason for the company’s sale of 75% of its Bitcoin holdings, worth approximately $936 million, as noted in its Q2 earnings ...
Dow Jones Rallies; Tesla Erupts As Elon Musk Teases “Best Product Ever”; Apple Stock Pops
The Dow Jones Industrial Average fought its way out of the red as other indexes moved higher. Tesla (TSLA) rocketed after CEO Elon Musk gave an update on what he described as the “best product e...
Elon Musk Clarifies His Stance on Bitcoin After Tesla’s U-Turn
Alex Dovbnya Tesla CEO Elon Musk said that he was open to buying more Bitcoin in the future Tesla CEO Elon Musk said that his company’s decision to sell most of its Bitcoin holdings shouldn’t be taken...
Elon Musk’s Tesla Has Sold 75% of Its Bitcoin Holdings
Tesla sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report. In its after-market earnings announcement, the electric car manufacturer founded by Elon Musk said...
Is Elon Musk Done Hyping Bitcoin After Tesla Dumps Its Holdings
Tesla, which just over a year ago rocked the financial world by making a major investment in bitcoin (BTC), has backtracked and sold 75% of its holding. The Elon Musk-led company invested $1.5 billi...
Elon Musk Reveals the Reason Why Tesla Sold 75% of Its Bitcoin
The electric vehicle giant Tesla sold $936 million of its bitcoin holdings in Q2 this year. However, the move was prompted not because the company does not believe in the asset anymore, but because of...
Elon Musk: Tesla’s Bitcoin Sale Not a Verdict on the Asset
Tesla held $218 million worth of digital assets on its balance sheet as of June 30 Musk said crypto is “not something we think about a lot” Tesla sold roughly 75% of its bitcoin in the second quarter ...
Elon Musk: judge agrees with Twitter, for now
As previously reported, a Delaware court judge on Tuesday was expected to decide whether to grant Twitter’s request for an expedited trial in the case that sees the company facing Elon Musk. Twitter ...
Tesla Sells 75% Of Its Bitcoin Holdings – Elon Musk Says Will Still Buy BTC In The Future, Adding No Dogecoin Was Sold
– Advertisement – Tesla sold $936 million worth of Bitcoin in Q2 2022. Leading electric motor company Tesla in its latest earnings report, disclosed that it had sold 75% of its Bitcoin hol...
Elon Musk says remote workers are just pretending to work. Turns out he’s (sort of) right
“Remote work is no longer acceptable,” thundered Elon Musk in a leaked memo to Tesla staff in late May. The world’s richest man doubled down when he confirmed the memo’s authenticity on Twitter, writi...
Tesla Sold Bitcoin Worth Over $930mn, Elon Musk Blamed Cash Crunch—Spared Dogecoin
Elon Musk clarified Tesla’s Bitcoin selling is a temporary move and they still hold Dogecoin. Electric car manufacturer giant, Tesla reported selling their bitcoin holdings. Overall, Tesla sold ...
Bitcoin Holds Steady Above $22K Even As Elon Musk’s Tesla Dumps 75% Of Its BTC Holdings ⋆ ZyCrypto
Advertisement     Tesla has sold 75% of its bitcoins in a move that has triggered market hysteria. The sale was seemingly made to prevent a negative cash flow this qua...
Elon Musk swore in March not to sell any Bitcoin, but Tesla cashed out 75% of its Bitcoin holdings amid the crypto winter just months later
Electric vehicle maker Tesla sold $936 million worth of Bitcoin, 75% of its holdings, in the second quarter, according to a shareholder deck released in anticipation of its earnings call on Wednesday....
Tesla Sold 75% of Its Bitcoin — Elon Musk Says ‘We Have Not Sold Any of Our Dogecoin’ – Featured Bitcoin News
Tesla has converted approximately 75% of its bitcoin into fiat currency. The cryptocurrency sales left the electric car company holding digital assets worth $218 million. “We are certainly open to inc...
Twitter Lawsuit Against Elon Musk to Happen in October!
Twitter intended to fasten the trial so that it could take place in September over four days, as it sued Musk to compel him to complete his $44 billion acquisition. However, the CEO of Tesla and Space...
Dow Jones Gains; Tesla Stock Rises After Elon Musk Makes This Boast; Netflix Surges
The Dow Jones Industrial Average inched higher but lagged the other major indexes. Tesla (TSLA) was gaining ahead of its latest earnings report following an Elon Musk boast. Netflix (NFLX) was picking...
Mattel inks deal with Elon Musk’s SpaceX to produce line of toys
The company’s Cargo Dragon spacecraft rolls out to the launchpad in Florida atop a Falcon 9 rocket. SpaceX Mattel inked a multiyear deal with Elon Musk’s SpaceX to create a line of toys in...
Elon Musk vs Twitter: The Takeover Trial Is Fast-Tracked
4 hours ago | 2 mins read Editors News A US court ordered a fast-Track trial regarding a dispute between Elon Musk and Twitter. A Twitter lawyer declared that Musk is trying to bring down the platform...
Carlson Capital’s Jesse Ho Sees Minimum Price Of $44/ Share In Elon Musk’s Twitter Buyout
Carlson Capital’s Black Diamond Arbitrage Partners generated a net return of -0.91% for the second quarter, bringing its first-half return to -1.52%. The fund’s special situations and othe...
Next Crypto to Blow up like Elon Musk’s Dogecoin
Elon Musk has been in the headlines for quite some time, from shirtless images going viral on social media and SpaceX’s race to the moon to a never-ending multi-billion-dollar Twitter deal. But Elon M...
Elon Musk: ‘A Recession Is Inevitable’
During a video appearance at the Qatar Economic Forum, Billionaire Elon Musk shared his views and thoughts regarding Dogecoin (Crypto: DOGE), Tesla Inc (NASDAQ: TSLA) and public panic over pending eco...
Twitter Secures October Trial Against Elon Musk
Key Takeaways Twitter has secured an October trial against Elon Musk, who cancelled his plans to acquire the company on July 8. Musk unsuccessfully sought a February trial date, arguing that his team ...
Twitter Wins Bid For Quick Trial In Elon Musk Lawsuit
Topline A judge ruled on Tuesday a trial addressing Twitter’s lawsuit against Tesla CEO Elon Musk will take place over the course of five days in October 2022, a win for the social media platform, fol...
Twitter secures its first victory against Elon Musk
Twitter Inc (NYSE: TWTR) is up nearly 5.0% on Tuesday after the Delaware Court of Chancery accepted its request for an expedited trial against Elon Musk. Twitter and Musk to go to trial in October A f...