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“Tesla to conduct layoffs, implement hiring freeze as stock sinks: report” Elon Musk’s Tesla is set to conduct layoffs and freeze further hiring as the electric car maker contends with a sustained downturn in its stock price, according to a report Wednesday. Tesla informed employees about the hiring freeze and said “another wave of layoffs…
“Elon Musk’s team seeks new investors for Twitter: report” The managing director of Elon Musk’s family office is seeking new equity investors for Twitter, news platform Semafor reported on Friday, citing two people familiar with the fundraising effort. Musk’s money manager, Jared Birchall, reached out to potential investors this week, offering shares of Twitter at…
“Elon Musk sells 22 million shares of Tesla stock in 3 days” Tesla boss Elon Musk disclosed another $3.6 billion in stock sales on Wednesday, taking his total near $40 billion this year and frustrating investors as the company’s shares wallow at two-year lows. A securities filing showed he unloaded 22 million shares in the world’s most valuable…
“Elon Musk ‘fanboy,’ Tesla investors furious as shares hit two-year low” Tesla shares extended declines to hit their lowest level in more than two years on Wednesday, as investors in the electric car company — including a “fanboy” of CEO Elon Musk — lashed out at the billionaire for being distracted following his Twitter takeover. Shares…
Ditching Tesla? Here are the Best New Luxury EV Alternatives Elon Musk’s doubling down on his whole edgelord meme-king shtick on Twitter and his welcome-back embrace of right-wing voices on the platform have not only depressed Tesla’s stock but have had the side effect of alienating part of Tesla’s consumer base, including some in Hollywood….
“Tesla investors frustrated with Elon Musk over Twitter chaos” Tesla investors are growing frustrated as Elon Musk devotes more of his time and energy toward his overhaul at Twitter, even as the electric vehicle firm’s stock prices tanks. Tesla’s stock has fallen nearly 60% this year as Musk’s Twitter takeover prompted months of legal drama,…
“This Tesla Cyberbike concept was designed entirely by Artificial Intelligence” While the Cybertruck is still a conceptual vehicle, we thought we’d up the stakes and imagine what a Tesla Cyberbike would look like! Looking sort of like the Tesla Cyberquad’s meaner older sibling, the Cyberbike comes with the same edgy, angular metal fairing that houses…
“These Tesla Sipping glasses uphold the company’s futuristic sci-fi vibe” Despite recent controversies involving Elon Musk and his acquisition of Twitter, his Tesla is still one of the most admired brands in the world. There are a lot of people who dream of owning one of their cars. Well if you can’t afford to get…
“Elon Musk’s view of this investing strategy: ‘ESG is the devil’” Elon Musk evidently has a diabolical view of environmental, social and corporate governance – more commonly referred to as “ESG.” His comments came in response to a Sunday Twitter post from small business expert and advisor Carol Roth. “Remember when @ElonMusk wanted to bring free speech to Twitter…
“Tesla reportedly to revamp Model 3 with project ‘Highland’” Elon Musk’s Tesla is developing a revamped version of its Model 3, according to four people with knowledge of the effort, as the top EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan. One focus of the redesign, codenamed “Highland,”…