The Securities Exchange Commission (SEC) of the american government is investigating Elon Musk for its involvement in the commercialization of the autonomous driving software of the electric cars Teslaaccording to information from Bloomberg. The CEO is reportedly being investigated for allegedly inappropriate statements he made about the future of self-driving technology. According to the information, […]
Tag: Elon Musk
Europe enters the private space war at the hands of Belgian Elon Musk
The new struggle for commercial control of space, embodied by businessmen such as Elon Musk either Jeff Bezosarrives in Europe at the hands of the Belgian Benoit Deper, who aspires to turn his company into the largest satellite factory on the continent and offer the EU its long-awaited strategic autonomy. At just 36 years old, […]
Elon Musk’s Twitter drama now moves to Tesla
As he faces the consequences of delisting a company, the embattled billionaire Elon Musk He now faces a trial by another company that he did not withdraw. Long before he acquired Twitter for $44 billion in October, he set his sights on Tesla, the electric car maker of which he is still the CEO and […]
Musk fan who earned 2,900% sees $ 1.5 million disappear
Doug Coyle’s son told him to sell the stock. This 68-year-old retired landscaper began investing in Tesla Inc. in 2012 after hearing about Elon Musk, which was not so famous then. Over the next decade, he invested about $100,000 in the shares, and the value of his investment skyrocketed to about $3 million at its […]
Tesla asks to change a trial from California to Texas for negativity towards Musk
Lawyers for the electric vehicle company Tesla and its executive director, Elon Muskasked a federal judge to move or delay a trial from the state of California at Texas claiming that impartial jurors cannot be found due to the “local negativity” that there is in that state towards Musk. Musk and several Tesla board members […]
Tesla owners in China protest missed price cuts
Hundreds of car owners from Tesla gathered at manufacturer dealerships and distribution centers in China over the weekend, demanding discounts and credits after sudden price cuts that they said meant they had overpaid for their electric vehicles. Some 200 recent buyers of the Tesla Model Y Y the model 3 They gathered at a Tesla […]
Elon Musk has lost more money than anyone in history
In November 2021, the fortune of South African-born billionaire Elon Musk reached its highest level. It was located at US$340,000 million. A year later, his net worth amounts to $137,000 million, which has made the tycoon the first person in history to lose more than US$200 billion in wealth in twelve months, according to the […]
Musk seeks new investors for Twitter, according to various media
The news was announced by Semafor and confirmed by The Wall Street Journal, among others, after contacting investors who have received this new offer to put money into the social network. Among them is Ross Gerber, president of an investment firm that had contributed just under a million dollars to the operation in which Musk […]
Changes in Twitter herald confrontation with Europe
Self-proclaimed free-speech champion Elon Musk’s unrestricted new version of Twitter could run afoul of new rules in Europe, where authorities warn the social network will have to abide by some of the world’s toughest laws against toxic content. While the new digital standards will likely put Europe Leading the crackdown on the platform that Musk […]
Elon Musk says China is in ‘kind of a recession’
”China is experiencing a kind of recession” mainly in the real estate market, Musk, chief executive of the electric carmaker, said during a third-quarter earnings call on Wednesday US time. Musk was responding to a question about recent order revenue trends, particularly in China, where Tesla has a large factory. For its part, Europe is […]