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“#Elon Musk defends Tesla’s $2.6B SolarCity purchase in court” Tesla CEO Elon Musk took the stand on Monday to defend his company’s 2016 purchase of ailing solar panel maker SolarCity — and head off a possible judgement that could force him to personally shell out more than $2 billion. Tesla shareholders are suing Musk in…
“#Tesla’s newest self-driving update comes with ominous warning” Tesla started rolling out a long-delayed update to its “self-driving” software over the weekend — but the company warned drivers to not fall asleep at the wheel just yet. The new update — a new beta version of Tesla’s autonomous-driving software that costs $10,000 — allows cars…
“#Elon Musk visited Richard Branson morning of spaceflight” Virgin Galactic founder Sir Richard Branson said Elon Musk — his space-race counterpart — visited him at 3 a.m. the morning of Branson’s spaceflight to wish him luck. Branson, who boasts a net worth of about $7.7 billion, tweeted a picture of the two billionaire space tycoons…
“#Rodents chow down on Teslas, causing thousands in damage” Elon Musk may have a rat problem. Fans of the South African billionaire’s electric cars say rats, mice and rodents are chomping down on their Teslas. And despite having dropped tens of thousands of dollars to buy the pricey vehicles, Tesla refuses to cover the damage…
“# Elon Musk and Bitcoin: A toxic relationship ” On July 8, Max Keiser and Stacy Herbert hosted an Elon Musk-inspired show in Austin, Texas. Aptly named “F*ck Elon,” the event, which included a large number of Bitcoin (BTC) maximalists, was surely a rowdy affair. Keiser is known for many things, but restraint is not…
“# Dogecoin gains 8% after Elon Musk says DOGE payments compete with Bitcoin, Ethereum ” Dogecoin (DOGE) may need a new marketing strategy after the latest publicity stunt from Elon Musk moved its price by less than 8%. In a tweet on July 8, “Dogefather” Musk argued that Dogecoin could do a better job at…
“# Bitcoin electricity consumption falls to November 2020 levels: Data ” Bitcoin’s total estimated annual electricity consumption has plummeted nearly 60%, falling from the all-time peak above 143 terawatt-hours (TWh) in May to as low as 62 TWh in early July, according to data from Cambridge Bitcoin Electricity Consumption Index (CBECI). This is the lowest…
“#Fort Lauderdale accepts Elon Musk’s beach tunnel proposal” Elon Musk is boring his way to the beach in Fort Lauderdale. Local lawmakers accepted a proposal from Musk’s Boring Co. Tuesday to build an underground transit system that would whisk people from the Florida city’s downtown area to the beach in Teslas. “Other firms have 45…
“# Pundits say Bitcoin’s brutal quarter could see Tesla report up to a $100M loss for Q2 ” Bitcoin’s second-quarter price battering has pundits speculating that Tesla may have to report a loss of up to $100 million for Q2. With the price of Bitcoin recently dropping to revisit levels last seen in January, CNBC…
“#Elon Musk tweets ‘Free Britney,’ gets nearly 20M retweets” Elon Musk voiced support for Britney Spears on Monday, tweeting, “Free Britney,” in the latest high-profile show of support for the pop star in the midst of her conservatorship battle. The Space X CEO’s early morning post about the “Oops! … I did it again” singer…