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Billionaire Elon Musk experienced a staggering loss of $33.9 billion in net worth on Thursday, making headlines as one of his most significant one-day drops. This sharp decline comes amidst a very public spat with U.S. President Donald Trump, underscoring the…
Elon Musk has been ordered by a federal judge to testify once again as the Securities and Exchange Commission (SEC) continues its investigation of Musk’s $44 billion acquisition of Twitter. The court gave Musk and the SEC one week to come up with a date and…
Elon Musk has announced via Twitter that the social network will get a new look and features. Some of the features he teased include swiping to move between timelines, a bookmark button on Tweet details, and long-form tweets. Since Elon Musk took over Twitter…
Vietnam is an unlikely home of the next Elon Musk. That’s why Le Thi Thu Thuy is one person to watch in 2023. The 48-year-old is at the wheel of VinFast, a money-losing electric-vehicle maker racing the U.S. entrepreneur’s Tesla on Western roads. It’s a…
Billionaire Elon Musk said on Monday he was working “at the absolute most amount…from morning til night, seven days a week” when asked about his recent acquisition of Twitter and his leadership of automaker Tesla Inc. “I have too much work on my plate that is…
The richest man globally, worth nearly $280 billion, is Tesla CEO Elon Musk. The executive announced in the middle of April that he would buy social media app (and website) Twitter for $44 billion. But by early last month, Musk had withdrawn the offer leading…
The Tesla CEO is using his newly acquired toy, Twitter, to criticize passive investing. Elon Musk joined a conversation on Twitter, which he recently acquired for $44 billion, initiated by venture capitalist Maro Andreessen. On the thread, the latter posited…
Twitter today agreed to q be bought out by Elon Musk for $44 billion or $54.20 a share in cash. Musk, in a statement, reiterated his support for free speech and mentioned some of the changes that he wants to bring to the site. “Free speech is the bedrock of a…
Billionaire Elon Musk, CEO of SpaceX and Tesla, has recently acquired a three billion dollar Twitter stake, which equates to about 9.2% of the social media company, or 73,486,938 Twitter shares. The news comes from a US securities filing, and according to the…
Tesla Inc Chief Executive Officer Elon Musk is giving “serious thought” to building a new social media platform, the billionaire said in a tweet on Saturday. Musk was responding to a Twitter user’s question on whether he would consider building a social media…
As Tesla opened its Berlin gigafactory, its CEO (techno king) Elon Musk who is the world’s wealthiest human, revealed that his electric car company will scale to an extreme size thanks to the third iteration of his master plan. Musk revealed that master plan…
Geopolitical tensions affecting global stock markets have also cut into the fortunes of the world’s wealthiest. The richest man on the planet has lost a large chunk of his wealth after Tesla shares fell 13 percent on Wednesday. Until yesterday, Tesla CEO Elon…
Tesla is not the only company that’s run by Elon Musk. In fact, Musk used some of the money he made with SpaceX to invest in Tesla to eventually gain control of the electric car maker. And SpaceX has also been categorized by Musk as some of the most important…
The Financial Times newspaper has followed the Time magazine in naming Elon Musk, the chief of Tesla Inc, as its “person of the year”, commending him for the work done in transforming the electric vehicle industry. Tesla, the global EV leader, has pushed many…
Tesla Chief Executive Officer Elon Musk was named Time magazine’s “Person of the Year” for 2021, a year that saw his electric car company become the most valuable carmaker in the world and his rocket company soar to the edge of space with an all-civilian…
Elon Musk is at it again and this time around he has said something that will ruffle many feathers considering technologies like AI and automation are displacing many regular jobs. He has claimed that the Tesla Bot which was unveiled earlier this year can…
