Posts filtered by tags: Musk[x]


 

Elon Musk has fulfilled his pledge made last year to “own no home.

  The Tesla boss and billionaire sold his 16,000-square-foot mansion in Hillsborough, California, a wealthy Silicon Valley enclave just south of San Francisco. The 100-year-old estate, known as Guignécourt, had a colorful history even prior to Mr. Musk’s ownership, and was originally built in 1912 by Count Christian de Guigné Mr. Musk purchased the home for $23.4 million in 2017, according to public records. [Via]
Tags: Business, Elon Musk, News, San Francisco, Silicon Valley, Musk, Hillsborough California, Elonmusk, Guignécourt


Elon Musk suggests that anyone over the age of 70 should be barred from running for political office

Elon Musk, Tesla CEO.Patrick Pleul/picture alliance via Getty Images Elon Musk suggested that an age limit should be set for running for political office. The Tesla CEO tweeted on Thursday, calling for those over the age of 70 to be barred.  His comments follow recent squabbles with Sen. Bernie Sanders, during which Musk mocked his age.  Elon Musk recently suggested that anyone over 70 years old should be barred from running for political office. In a tweet on Thursday, the SpaceX and Tesla f...
Tags: Spacex, Elon Musk, US, Trends, Tesla, Joe Biden, Jeff Bezos, Biden, Donald Trump, Bernie Sanders, Musk, Trump, Sanders, Elon Musk Tesla, Patrick Pleul, Joseph Zeballos Roig


Elon Musk Continues Selling Tesla Shares

Tesla CEO Elon Musk has sold another 934,091 shares of the company, worth a hefty $1.01 billion, as a way to meet tax obligations related to the exercise of options to buy 2.1 million shares. But it’s just a drop in the bucket, as Mr. Musk’s offloading of Tesla stock has surpassed $10 billion overall. That’s […] The post appeared first on The Truth About Cars.
Tags: Elon Musk, Texas, Taxes, California, Tesla, Industry, Share Price, Autos, Stocks, Tesla Motors, Musk, Investors, Industry News, Tesla CEO Elon Musk, News Blog, Tesla Inc


Elon Musk says the first Tesla Cybertrucks will have 4 motors and be able to 'drive diagonally like a crab'

Tesla CEO Elon Musk stands in front of the Cybertruck during its unveiling on November 21, 2019.FREDERIC J. BROWN/AFP via Getty Images Elon Musk is tweeting about the long-awaited Tesla Cybertruck again.  The truck, he says, will first be available in a four-motor variant.  When Tesla announced the pickup in 2019, it said it would come with one, two, or three motors.  For a while now, Tesla has promised that its shiny, spaceship-like Cybertruck is just around the corner. But production delays...
Tags: Elon Musk, Trends, Tesla, Ford, Musk, Gmc, Frederic J Brown, Rivian, Tesla Cybertruck, Tim Levin, Getty Images Elon Musk, Crab Walk Tesla


Elon Musk compared the new Twitter CEO to Joseph Stalin in an odd meme that also compared Jack Dorsey to Stalin's offed henchman

Billionaire Tesla and SpaceX CEO Elon Musk.REUTERS/Steve Nesius Elon Musk tweeted a meme this week featuring the new Twitter CEO as Soviet dictator Joseph Stalin. It also compared outgoing Twitter CEO Jack Dorsey as Nikolai Yezhov, a Soviet official who was executed. It's a rare moment of seeming antagonism between two men who have an otherwise friendly relationship. Tesla and SpaceX CEO Elon Musk has become somewhat notorious for his Twitter presence.It's no surprise, then, that Musk...
Tags: Transportation, Twitter, Spacex, Elon Musk, Cars, Trends, Tesla, Memes, Square, Jack Dorsey, Joseph Stalin, Cryptocurrency, Blockchain, Billionaire, Musk, Dorsey


Musk's Starlink to Apply for India Licence by End of January

By Aditi ShahNEW DELHI (Reuters) - Starlink, the satellite internet division of billionaire Elon Musk's rocket company SpaceX, will apply early...
Tags: Spacex, Elon Musk, Musk, StarLink, Aditi ShahNEW, Reuters Starlink, India Licence


Elon Musk just sold another billion dollars of Tesla shares, bringing his share sales total since November 8 to $10.9 billion

Tesla CEO Elon Musk in Germany this week.Michele Tantussi/Reuters Tesla Elon Musk has sold $1.01 billion worth of company shares and exercised more buy options. Musk still has an option to buy about 10 million more shares at $6.24 each. Early last month, Musk tweeted he would sell 10% of his stock if Twitter users approved. Most of them did. Tesla Inc Chief Executive Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $1.01 billion to meet his tax obligations related...
Tags: Elon Musk, Germany, Trends, Tesla, Musk, Tesla CEO Elon Musk, Tesla Inc Chief Executive Elon Musk, Maria Ponnezhath, Michele Tantussi Reuters Tesla Elon Musk, Hyun Joo Jin


Elon Musk and Jeff Bezos have sold $20 billion of Tesla and Amazon stock this year as insider sales soared to a record high

Jeff Bezos (left) and Elon Musk (right) have been selling their companies' stock.Joe Raedle/Getty Images/Axel Springer Elon Musk and Jeff Bezos have offloaded $20 billion of Tesla and Amazon stock this year. CEOs and insiders have sold a record $69 billion of their own shares, according to Verity data. Executives are selling in part to profit from record high prices, but also to pay taxes. Elon Musk and Jeff Bezos have sold just shy of $20 billion of their companies' shares between th...
Tags: Google, Amazon, Elon Musk, US, Trends, Tesla, Walmart, Larry Page, Sergey Brin, Meta, Jeff Bezos, Ben Silverman, Cnbc, Musk, Chamath Palihapitiya, Walton


Tesla's move to Texas from California is officially complete

Construction site of the Tesla Gigafactory in Austin, Texas in October 2021.Mike Blake/Reuters Tesla is now officially a Texas company, according to a regulatory filing Wednesday. The move is part of CEO Elon Musk's ongoing breakup with the Golden State. Musk stands to save an estimated $2.5 billion in moving his life and business to Austin. It's official: Tesla is now a Texas company.The electric automaker announced the move on Wednesday in a filing with the US Securities Exchange Co...
Tags: Transportation, Spacex, Elon Musk, Texas, California, Trends, Tesla, Austin, Musk, Gigafactory, Tesla Gigafactory, Austin Texas, Lone Star State, Tech Insider, Tesla Inc, DOMINICK REUTER


American corporations could pay to vaccinate the world 10 times over with just their extra profits from 2021

People hold their plaster patches after being administered doses of the AstraZeneca Covid-19 coronavirus vaccine at the Narathiwat Hospital compound in the southern province of Narathiwat on June 7, 2021, as mass vaccination rollouts begin in Thailand.MADAREE TOHLALA/AFP/Getty Images Vaccinating the world would cost roughly $50 billion, according to the OECD's chief economist. That's less than a tenth of the extra profits US companies have made in 2021 thanks to the vaccine-fueled rec...
Tags: Elon Musk, White House, US, America, Trends, Bloomberg, Thailand, OECD, Mathias Cormann, Jeff Bezos, Group, Musk, Reuters, World Food Programme, House Armed Services Committee, Narathiwat


10 things in tech you need to know today.

Well, well, well, if it isn't the start of another month. To kick off December, we're telling you about Salesforce's new co-chief executive, and Wall Street's skepticism about Twitter's new CEO. Plus, Facebook whistleblower Frances Haugen is testifying before Congress today at 10:30 ET. Watch it here.Let's dive in.If this was forwarded to you, sign up here. Download Insider's app – click here for iOS and here for Android. Niholas Kamm/AFP via Getty Images; Salesforce...
Tags: Google, Facebook, Twitter, Spacex, Elon Musk, UK, New York, London, Congress, Wall Street, New York City, Newsletter, Trends, Tech, Getty Images, David Marcus


Elon Musk Urges Customers to Buy 'Tesla Cyberwhistle' Instead of Apple Polishing Cloth

Tesla CEO Elon Musk has encouraged customers to buy the "Cyberwhistle" for $50 instead of Apple's much-discussed Polishing Cloth. The product page, which Musk shared on Twitter on Tuesday evening, offers a limited edition stainless steel whistle with the same distinctive design of the Tesla Cybertruck:Inspired by Cybertruck, the limited-edition Cyberwhistle is a premium collectible made from medical-grade stainless steel with a polished finish. The whistle includes an integrated attachment fe...
Tags: Apple, Elon Musk, Tesla, Musk, Tesla CEO Elon Musk, Polishing Cloth, Elon Musk Urges Customers, Tesla Cyberwhistle, Tesla Elon Musk Polishing Cloth This


How on Earth is Elon Musk’s SpaceX facing bankruptcy?

The richest person in the world is worried about money. Elon Musk, whose net worth is estimated at $310 billion, says his space company faces the threat of going bust. In an email to SpaceX staff that was first obtained by Space Explored, Musk said the firm could go under due to issues producing Raptor rocket engines. The Raptor engines power SpaceX’s Starship rockets, which the company hopes to take people to the moon and Mars. Musk told staff that a “Raptor production crisis” threatens the fir...
Tags: Startups, Spacex, Elon Musk, Earth, Musk, Insider, Mars Musk, Neural


Tesla CEO Elon Musk just introduced the company's latest product — a $50 whistle inspired by the Cybertruck. It's already sold out.

Tesla Cyberwhistle.Tesla screenshot Tesla's Cyberwhistle appears to have sold out in about an hour from the time Musk tweeted about it.  The limited-edition Cyberwhistle is a "premium collectible" made from medical-grade stainless steel, Tesla's website says. Resellers are already relisting the whistle on Ebay for as much as $2,250. If you fancy owning a Tesla but don't have $45,000 to spend on a car, why not splash out on Tesla's new model hyper-affordable item: A whistle. Te...
Tags: Business, Elon Musk, Technology, Ebay, Lifestyle, Trends, Tesla, Merchandise, Musk, Tesla CEO Elon Musk, Cybertruck, Huileng Tan, Cyberwhistle, Tesla Cyberwhistle Tesla


Elon Musk reportedly warned that SpaceX faces the 'risk of bankruptcy' from lack of Starship engine progress

Yichuan Cao/NurPhoto via Getty Images Elon Musk told SpaceX employees that lack of progress on Raptor engines creates a "risk of bankruptcy." The SpaceX CEO expressed his concern in a company-wide memo that was sent on Black Friday, CNBC reported. Musk said lagging engine production is holding up Starship and Starlink progress. SpaceX CEO Elon Musk says the company's Raptor program is in "crisis" and poses a major threat to the entire space venture.Musk said he is upset with the lack of p...
Tags: Transportation, Space, Spacex, Elon Musk, Texas, Science, News, Trends, Tesla, Space Exploration, Mars, Cnbc, Musk, Blue Origin, Starship, Raptor


Elon Musk has a $2.5 billion reason to move to Texas: avoiding California capital gains tax

Elon MuskPicture Alliance/Getty Images Elon Musk's planned sale of 10% of his Tesla shares is triggering a massive tax liability. In moving to Texas, Insider calculates that he could carve $2.5 billion off the final bill. Estimates by Bloomberg show Musk has likely managed to save $500 million so far. Elon Musk has made no secret of his desire to get out of California."Will own no house," he tweeted on May 1, 2020, before embarking on a selling spree to rid himself of several mansions in ...
Tags: Elon Musk, Texas, California, Trends, Tesla, Bloomberg, SEC, Young, Irs, Cornell University, Musk, Lone Star, Tesla Musk, Bloomberg Read, Texas Insider, Dominick Reuter Andy Kiersz


10 things in tech you need to know today

Good morning, readers. Jack Dorsey is no longer Twitter's CEO, and Disney+ dropped an episode of "The Simpsons" in Hong Kong.Let's get to it.If this was forwarded to you, sign up here. Download Insider's app – click here for iOS and here for Android. Jack Dorsey onstage at a bitcoin convention on June 4, 2021 in Miami, Florida.Joe Raedle/Getty Images 1. Jack Dorsey has stepped down as Twitter's CEO. Dorsey, known in the tech world for his eyebrow-raising eating habits, signatur...
Tags: Amazon, Twitter, Hong Kong, Elon Musk, UK, New York, London, Microsoft, Disney, Alabama, Newsletter, Trends, Tech, Tesla, Nasa, Bill Gates


Elon Musk "became a bright antithesis to Russian capitalism, a guide on how you can get rich in the right way and how you can spend the money you earned in the right way."

"The Russian environment could not produce this cultlike figure. And it is an easy import because Musk is not associated with some Wall Street billionaire, he is not a native American and he engages with Russia. So he is not perceived as a stranger, and this image is important to a stratum of people who are in need of one." Said Alexey Firsov, founder of the Platforma sociological research and consulting firm, quoted in "Memes, merchandise and Mars cocktails: Russia’s mania for Elon Musk has no...
Tags: Spacex, Elon Musk, Law, Russia, Moscow, Mars, Musk, Ann Althouse, Alexey Firsov


Binance restarts dogecoin withdrawals following technical glitch and CEO's skirmish with Elon Musk

BinanceSOPA images Binance said Monday investors could resume withdrawing dogecoin after it fixed a technical glitch.  The crypto exchange halted withdrawals for about two weeks after a network upgrade led to technical problems.  Elon Musk and Binance CEO Changpeng Zhao exchanged words on Twitter over the matter.  Binance, the world's largest cryptocurrency exchange, said Monday investors could again withdraw dogecoin from their accounts after straightening out a technical problem that pr...
Tags: Elon Musk, US, Trends, Markets, Tesla, Doge, Musk, Elon, Zhao, Dogecoin, Carla Mozee, Binance, Changpeng Zhao, MI Exclusive, Dogecoin Core, Dogecoin Cryptocurrencies


Elon Musk tells Tesla staff to cut delivery costs to help customers' cars arrive on time, amid shipping delays, report says

Tesla CEO Elon Musk.Matt Rourke/AP Photo Tesla CEO Elon Musk urged employees to cut the cost of delivering vehicles, CNBC reported. In a company-wide email, Musk said Tesla should shift away from spending heavily on expedite fees. The push comes amid a nationwide shipping crisis that is hiking costs.  Elon Musk urged Tesla staff to focus on cutting the cost of delivering electric vehicles to customers on Friday, CNBC reported. In a company-wide email sent to all staff and transcribed by CNBC,...
Tags: Elon Musk, Trends, Tesla, Cnbc, Musk, CNBC Musk, Reuters Customers, Isobel Hamilton, Rachel Premack, COVID, Zahra Tayeb, Tesla Insider s Graham Rapier


Elon Musk tells Tesla staff to cut cost of deliveries to help ensure customers' cars arrive on time, amid shipping delays, report says

Tesla CEO Elon Musk.Matt Rourke/AP Photo Tesla CEO Elon Musk urged employees to cut the cost of delivering vehicles, CNBC reported. In a company-wide email, Musk said Tesla should shift away from spending heavily on expedite fees. The push comes amid a nationwide shipping crisis that is hiking costs.  Elon Musk urged Tesla staff to focus on cutting the cost of delivering electric vehicles to customers on Friday, CNBC reported. In a company-wide email sent to all staff and transcribed by CNBC,...
Tags: Elon Musk, Trends, Tesla, Cnbc, Musk, CNBC Musk, Reuters Customers, Isobel Hamilton, Rachel Premack, COVID, Zahra Tayeb, Tesla Insider s Graham Rapier


Here's a look back at a month of tweets from the world's richest man and their impact on markets

Elon Musk, Tesla CEOPatrick Pleul/picture alliance via Getty Images Elon Musk has accomplished many things, from co-founding Tesla to starting SpaceX. But there is also one feat the world's wealthiest person has mastered: tweeting.  Here's a look back at a month of his tweets that either made headlines or moved markets.  Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Elon Musk has accomplished many things, from co-founding Tesla and turning the electric vehi...
Tags: Twitter, Spacex, Oregon, US, Trends, Tesla, Un, Musk, Ron Wyden, Bernie, Sen Bernie Sanders, Michael Burry, World Food Programme, Senate Finance, Burry, Elon Musk Tesla


A leading public health expert has pleaded with Elon Musk, Jeff Bezos, and Warren Buffett to help fight coronavirus variants in Africa

Doctors Without Borders nurse Bhelekazi Mdlalose performs a COVID-19 test on a health worker at the Vlakfontein Clinic in Johannesburg, South Africa on May 13 2020.Michele Spatari/AFP/Getty Images South Africa's top public health expert has asked billionaires to help fight coronavirus variants in Africa. Tulio de Oliveira said Africa needs financial support "to control and extinguish variants." His plea comes amid concerns about a "worrying" new variant that has spread fast across souther...
Tags: Health, Science, News, Africa, Trends, South Africa, Healthcare, Warren Buffett, Jeff Bezos, Gates, Musk, Variant, Bezos, Africa South Africa, JOHANNESBURG South Africa, Oliveira


A leading infectious diseases expert has pleaded with Elon Musk, Jeff Bezos, and Warren Buffett to help fight coronavirus variants in Africa

Doctors Without Borders nurse Bhelekazi Mdlalose performs a COVID-19 test on a health worker at the Vlakfontein Clinic in Johannesburg, South Africa on May 13, 2020.Michele Spatari/AFP/Getty Images South Africa's top infectious diseases expert has asked billionaires to help fight coronavirus variants in Africa. Tulio de Oliveira said Africa needs financial support "to control and extinguish variants." His plea comes amid concerns about a "worrying" new variant that has spread fast across ...
Tags: Health, Science, News, Africa, Trends, South Africa, Healthcare, Warren Buffett, Jeff Bezos, Gates, Musk, Variant, Bezos, Africa South Africa, JOHANNESBURG South Africa, Oliveira


A company melted a $58,000 Tesla into a bust of Elon Musk, and we regret to inform you it looks absolutely nothing like Elon Musk

The busts are listed for $3,220 on Caviar's website.Caviar Global A Russian luxury accessory brand melted Tesla car parts into a bust of Elon Musk. The sculptures — which look nothing like Musk — are sold for $3,220 a piece on Caviar Global's website. The company also sells iPhone designs made from Tesla parts at a starting price of $5,600. A Russia-based luxury accessory company is selling eight-inch-tall busts of Tesla CEO Elon Musk, which it says are made from the melted-down parts...
Tags: Apple, Elon Musk, News, Steve Jobs, Russia, Trends, Tesla, Alibaba, Caviar, Jack Ma, Musk, Tesla Gigafactory, Berlin Germany, Tesla Model, Tesla CEO Elon Musk, Grunheide


"Dogecoin" is the most-googled cryptocurrency in more US states than "bitcoin" and "ether" combined right now, partly thanks to Elon Musk's endorsement

DogecoinNurPhoto Dogecoin was the most-googled in 23 states, including in Florida, Illinois and Michigan, according to financial advisor The Advisor Coach. The meme crypto's widespread popularity was partly down to Tesla CEO Elon Musk who has cheered the token on this year. Bitcoin came in second place, while ether was third, according to the report. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. There's no doubt that 2021 has been the Year of the Cryptocurr...
Tags: Elon Musk, New York, Mississippi, US, Trends, Tesla, Reddit, Crypto, Michigan, Musk, Shiba Inu, Florida Illinois, Billy Markus, Connecticut Alaska, Camomile Shumba, DogecoinNurPhoto Dogecoin


Tesla is pouring in more than $1 billion into its new Gigafactory in Texas, Elon Musk's new home base

Construction site of the Tesla Gigafactory in Austin, Texas.Mike Blake/Reuters Construction for Tesla's new factory in Austin, Texas, began in the summer of last year. Filings with Texas authorities showed the electric vehicle company will spend over $1 billion on the project. The project is expected to create 10,000 jobs. Tesla is pouring in more than $1 billion into its new Gigafactory in Texas that is expected to be completed by the end of this year.Construction filings with the Texas ...
Tags: Transportation, Electric Vehicle, Elon Musk, Texas, California, Cars, San Francisco, Trends, Tech, Tesla, Austin, Electric Vehicles, Shanghai, Musk, San Francisco Bay Area, Gigafactory


Elon Musk is now halfway to his Twitter target of selling 10% of his Tesla stock – after dumping another $1.05 billion

Elon Musk is the world's richest person.Maja Hitij/Getty Images Elon Musk has now sold roughly 9.2 million shares in Tesla, netting him just under $10 billion. The sales mean he's over halfway towards his Twitter commitment to sell 10% of his holding. Musk held just over 170 million shares in September, so 10% of his stake is around 17 million shares. Elon Musk has now sold around 9.2 million shares in Tesla since asking his Twitter followers whether he should offload 10% of his holdi...
Tags: Twitter, Elon Musk, Trends, Tesla, Bloomberg, SEC, Musk, Michael Burry, Harry Robertson, Maja Hitij, Getty Images Elon Musk


Avoid politics at Thanksgiving and talk about markets instead. Here's a refresher on the craziest stories this year, from meme stocks to NFTs.

The Thanksgiving turkey.Hiroko Masuike/Getty Images Markets have been on a wild ride in 2021 amid new phenomena like meme stocks, NFTs, and DAOs. The year began with shares of GameStop soaring and is ending with a DAO trying to buy the US Constitution. Here are 10 conversation starters about markets to avoid politics at Thanksgiving this year. Forget politics at your Thanksgiving dinner this year. Talk markets.Think about everything that happened this year, starting with an army of retail tra...
Tags: Facebook, Elon Musk, Amc, US, Trends, Tesla, Netflix, Reddit, Nba, Wu Tang, Donald Trump, Robinhood, Gamestop, Musk, Martin Shkreli, Forbes


Tesla fans flood JPMorgan's Yelp page with 1-star reviews as Elon Musk spars with the bank

Elon Musk.Britta Pedersen-Pool/Getty Images JPMorgan's Yelp page was temporarily disabled after Tesla fans bombarded it with one-star reviews. Elon Musk had said he'd give JPMorgan a one-star review if it didn't drop a lawsuit against Tesla. The bank sued Tesla over Musk's failed bid to take the company private in 2018.  Elon Musk fans aren't happy with JPMorgan right now, and they've taken to the company's Yelp page to prove it.Egged on by the technoking himself, ...
Tags: Elon Musk, News, Finance, US, Trends, Tesla, Yelp, Wall Street Journal, Musk, Elon, Jpmorgan, JPMorgan Chase, JPM, Tech Insider, Sarah Jackson, Tesla Lawsuit