Tesla shares have recently hit 11-month lows, and with it, CEO Elon Musk’s net worth has dropped below $200 billion. Musk has lost about $77.6 billion of his net worth year-to-date. Musk’s wealth is in no small part tied to his ownership of electric vehicle maker Tesla, which he leads. Tesla stock has been under…
The United Nations’ World Food Programme Director, David Beasley, is still hopeful Tesla CEO Elon Musk will “step up” to help solve world hunger. The comments come after the two disagreed with one another last year. Musk made comments regarding Beasley’s opinions of his wealth, and how it could be used to solve the global…
Elon Musk is out for blood. Amidst the emerging “Elongate” scandal, the CEO has announced the formation of a “hardcore litigation department” for Tesla that directly initiates and executes lawsuits. The team will be reporting directly to Musk. Musk posted the following commitment to the upcoming litigation team: (1) We will never seek victory in a just…
Back in March 2021, Elon Musk stated that if there was ever a scandal about him, people should call it “Elongate.” Fate sure loves irony. Amidst Musk’s recent rounds of polarizing political statements on Twitter, a report was published accusing the Tesla CEO of sexual misconduct. The complaint was lodged by a friend of the…
Elon Musk’s deal with Twitter, which was agreed upon on April 25 for $44 billion, is not on hold and will move forward, company executives told employees on Thursday. Musk, who said the deal was on hold pending proof of Twitter’s estimation of bots among its active users, has been backtracking the deal for several…
Elon Musk’s “doppelgänger” from China, who has been fondly dubbed by the internet as “Yi Long Musk,” has reportedly been banned from major Chinese social media platforms. The social media user caused quite a lot of headlines in the past due to his striking resemblance to the Tesla CEO. Videos of the Elon Musk “doppelgänger” from…
Elon Musk is not happy that Tesla, a company whose sole purpose is to accelerate the world’s advent of sustainable energy, has been kicked off the S&P 500 ESG Index, an equity index that tracks and scores companies according to environmental, social, and governance principles. During its recent rebalancing of the S&P 500 ESG Index,…
On Wednesday, May 18, The Alamo Regional Mobility Authority (RMA) board was briefed on more details about The Boring Company’s (TBC) proposed tunnel from the San Antonio International Airport to downtown. Bexar County Public Works director and county engineer Renee Green briefed the Alamo RMA board on The Boring Company tunnel project before the members went into…
CEO Elon Musk announced today that the second edition of Tesla’s Artificial Intelligence Day will take place on August 19. Tesla’s first AI Day also took place on August 19 last year. It was a day dedicated to displaying the automaker’s prowess in AI, especially with its self-driving project. Tesla displayed an extremely descriptive breakdown…
Twitter’s acquisition for $44 billion cannot move forward, at least until the social media company can properly provide proof of its claim that fake or spam accounts comprise less than 5% of its users. In a filing with the SEC, Twitter noted that its bot estimate came from an internal review of a sample of…