#Elon Musk ‘earns’ Guinness World Record for ‘largest loss of personal fortune in history’

#Elon Musk ‘earns’ Guinness World Record for ‘largest loss of personal fortune in history’

“Elon Musk ‘earns’ Guinness World Record for ‘largest loss of personal fortune in history’” Billionaire Elon Musk has earned an unfortunate world record after suffering through an unprecedented wealth wipeout in recent months. Musk, who once ranked as the world’s richest person, shattered the mark for “the largest loss of personal fortune in history,” the…

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#Feds probing Elon Musk tweet about Tesla driver monitoring

#Feds probing Elon Musk tweet about Tesla driver monitoring

“Feds probing Elon Musk tweet about Tesla driver monitoring” A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from US safety regulators. The National Highway Traffic Safety…

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#Tesla owners in China protest against surprise price cuts

#Tesla owners in China protest against surprise price cuts

“Tesla owners in China protest against surprise price cuts” Hundreds of Tesla owners gathered at the automaker’s showrooms and distribution centers in China over the weekend, demanding rebates and credit after sudden price cuts they said meant they had overpaid for electric cars they bought earlier. On Saturday, about 200 recent buyers of the Tesla Model Y and Model 3 gathered at a Tesla delivery center in…

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#Tesla makes Tom Zhu highest-profile executive after Elon Musk

#Tesla makes Tom Zhu highest-profile executive after Elon Musk

“Tesla makes Tom Zhu highest-profile executive after Elon Musk” Tesla’s China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker’s US assembly plants as well as sales operations in North America and Europe, according to an internal posting of reporting lines reviewed by Reuters. The Tesla posting showed that Zhu’s title of vice president for Greater…

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#Tesla shares plunge 10% to start 2023 on weak demand worries

#Tesla shares plunge 10% to start 2023 on weak demand worries

“Tesla shares plunge 10% to start 2023 on weak demand worries” Tesla shares kicked off 2023 with a 10% drop on Tuesday, extending a selloff from their worst year on growing worries about weakening demand and logistical problems that have hampered deliveries. The latest slide came after the world’s most valuable automaker missed estimates for fourth-quarter…

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#Elon Musk becomes first person ever to lose 0 billion

#Elon Musk becomes first person ever to lose $200 billion

“Elon Musk becomes first person ever to lose $200 billion” Billionaire Elon Musk, formerly the richest man in the world, has broken a new record. The Tesla founder and Twitter owner has become the first person in history to lose $200 billion off his net worth, according to the Bloomberg Billionaire’s Index. The multi-billion dollar…

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#Elon Musk tells Tesla workers to relax despite ‘stock market craziness’

#Elon Musk tells Tesla workers to relax despite ‘stock market craziness’

“Elon Musk tells Tesla workers to relax despite ‘stock market craziness’” Tesla Chief Executive Elon Musk told employees that they should not be “bothered by stock market craziness” after the company’s shares fell nearly 70% this year on jitters over softening demand for electric vehicles and Musk’s distraction with running Twitter. In an email sent to staff on…

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