The latest update to the Bloomberg Billionaires Index now lists Tesla CEO Elon Musk as the world’s seventh-richest person, surpassing billionaire Warren Buffet. With Tesla shares hitting an all-time high on Friday as part of a nearly 11% surge, Musk’s wealth increased by a whopping $6 billion on July 10. Shares of Tesla have increased...
There have been many doubters of both Tesla and Elon Musk, and some believe that the carmaker simply won’t be able to survive in the coming years. Those skeptics must be baffled right now, as the company recently beat expectations regarding car deliveries and their share price continues to climb. As of press time, Tesla’s […]
During a time where the pandemic is affecting the performance of many different car companies, Tesla continues to defy the odds. The carmaker is up big today, surging up over 13% as of press time. Many credit Tesla’s surge to the fact that JMP Securities has revised its price target from $1050 to $1500. This […]
Many thought that Elon Musk was joking about actually creating short shorts, but it is clear that he was serious about actually creating the shorts and selling them. Of course, the fact that Tesla sold the short shorts was a way for him to mock Tesla short sellers. In fact, the shorts sold out in […]
It’s no secret that Tesla is growing, and Musk has recently met with the Oklahoma governor to discuss plans to potentially build a factory in Tulsa. However, it appears that Musk may have his eye on building more factories in Asia. When the billionaire entrepreneur was asked on Twitter whether he would be expanding factories […]
The coronavirus has forced the world to rethink the way that our children are educated, and many experts believe that online learning is the future of the education sector. According to an investigation by The Daily Beast, the billionaire CEO is involved in a new school that is slated to launch (virtually) in September. The […]
There are many automakers that have been affected by the pandemic, and are concerned about the fact that Americans are driving less than ever. However, Musk took to Twitter late last night to point out that North American Supercharger has now reached a pre-COVID high. The tweet has over 19,000 likes and 1,000 retweets. North […]
Many Americans are focused on the 2020 election and who will be next to lead the country – but it appears as though rapper/entrepreneur Kanye West is throwing his hat into the ring. West tweeted out last night that he is running for office, and added the hashtag #2020Vision. West had previously spoken about running […]
Tesla remains undecided on whether to build its next gigafactory in Texas in Oklahoma, but the company’s CEO, Elon Musk, confirmed he was hosted by the Governor of the latter yesterday. "Thanks for hosting me in Tulsa today!”, said Musk, in a reply to Governor Kevin Stitt. The Governor had tweeted earlier, "@Tesla, we invite...
There has been new attention surrounding Ghislaine Maxwell after she was arrested several days ago. For those who are unaware, Maxwell is accused of recruiting young girls for Jeffrey Epstein, a billionaire who died last year under mysterious circumstances after being charged for sex trafficking. Yesterday, a picture of Elon Musk and Ghislaine Maxwell went […]
Elon Musk admitted last year that he owns a small amount of Bitcoin, and there have been hopes in the cryptocurrency community that he would embrace both blockchain and Bitcoin ever since. Musk had praised the concept of cryptocurrencies afterwards, and he once simply tweeted the word “Ethereum.” The Tesla and SpaceX CEO made this […]
Tesla is now hoping to help find a vaccine for COVID-19, as reported by Reuters, and Elon Musk has announced a partnership with Curevac, a Germany-based company that has been developing mRNA production units. Musk, the CEO of Tesla, has referred to these units as “RNA microfactories.” These “microfactories” are also designed to ship to […]
Tesla announced its Q2 deliveries and production numbers, and it beat out expectations. Specifically, the carmaker announced that it delivered 90,650 vehicles during the quarter. This was higher than the estimates of most analysts, as Wall Street assumed that the pandemic had significantly affected production. This is the second consecutive quarter that the carmaker beat […]
Tesla has had to shut down its main car plant for weeks, something that the chief executive, Elon Musk, hasn’t been too excited about. However, it appears as though the manufacturer may have still managed to deliver around 82,000 vehicles last quarter. This is due to the fact that Tesla’s new plant in China, near […]
It appears as though Elon Musk might be paid out a record $55.8 billion USD as part of a bonus deal, and some shareholders aren’t too excited about it. It’s no secret that shareholders have influenced the decisions of many companies throughout the years, and Pirc, a shareholder advisor has recommended that Musk be ousted […]
