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Elon Musk is making headlines with a staggering net worth of $409 billion, as reported by Forbes. Meanwhile, Melinda French Gates, co-founder of the Gates Foundation and former wife of Bill Gates, is right behind Musk, projected to become the world’s…
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…
Still one of the richest men in the world, Twitter CEO Elon Musk is now claiming that his $44 billion purchase of Twitter was a timely one as it saved the social media company from bankruptcy. Replying to a tweet from The Wall Street Journal, Musk wrote,…
These days you have to wonder just exactly what is going through the mind of multi-billionaire Elon Musk. After spending $44 billion to buy Twitter, Musk is acting like someone who never made a major decision in his life. He says one thing, reverses direction…
You might wonder how Elon Musk got where he is today based on his uneven performance as Twitter’s new owner. His confusing and illogical changes to the verification checkmarks and his inability to make a decision and stick to it without changing his mind a…
Tesla Inc Chief Executive Officer Elon Musk has sold $3.95 billion worth of shares in the electric vehicle maker, according to U.S. regulatory filings, days after he completed his purchase of Twitter Inc for $44 billion. Musk, whose net worth dropped below…
Tesla Inc Chief Executive Officer Elon Musk tweeted on Friday that the electric carmaker will raise the U.S. price of its advanced driver assistant software dubbed “Full Self Driving” to $12,000 on Jan. 17. The 20% price rise comes less than two years since…
Elon Musk on Thursday said he has lined up $46.5 billion in debt and equity financing to buy Twitter Inc and is considering taking his offer directly to shareholders, a filing with U.S. regulators showed. Musk himself has committed to put up $33.5 billion,…
Just three days ago, when Elon Musk ended up not joining Twitter’s board even with the 9.1% stake in the company that he amassed, one analyst suggested that this was a tactical move on Musk’s part. As a board member, he would have been forced to keep his…
Electric carmaker Tesla will make a “dedicated” self-driving taxi that will “look futuristic,” Chief Executive Elon Musk said on Thursday, without giving a timeframe. The 50-year-old billionaire, wearing a black cowboy hat and sunglasses, made the comments at…
The US regulators are investigating Elon Musk and his brother Kimbal in connection to insider trading. The Securities and Exchange Commission (SEC) is enquiring whether Tesla CEO Elon Musk told his brother Kimbal in advance about a Twitter poll, which caused…
Tesla Inc on Monday fought back against JPMorgan Chase & Co over a disputed bond contract, countersuing the bank for seeking a “windfall” following Elon Musk’s notorious 2018 tweet that he might take his electric car company private. In a filing in Manhattan…
Tesla CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric car company this week, taking advantage of a meteoric rally that vaulted the firm’s value to over $1 trillion. The billionaire sold 1.2 million shares held by his trust for…
British cosmetics retailer The Body Shop recently announced that it will solely manufacture and sell vegan products by the year 2023. The beauty company has championed its vegetarian and cruelty-free range of products for years, but finally, the brand decided…
Tesla Chief Executive Elon Musk said on Wednesday the company will produce Model Y with a new structural battery design and technology at its Berlin factory next year and that could result in a “significant production risk”. The U.S. electric carmaker plans…
Tesla Inc Chief Executive Elon Musk is coming close to earning the first $346 million tranche of options in a record-breaking pay package, after the electric vehicle maker’s stock more than doubled in the last three months. Shares of Tesla surged 9% to a…
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