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“Elon Musk’s Tesla says it has sold 75% of its bitcoin holdings” Tesla sold off three-quarters of its bitcoin holdings, the Elon Musk-helmed automaker said Wednesday. The sales took place during April through June of 2022, according to the company’s earnings report on Wednesday. “As of the end of Q2, we have converted approximately 75%…
“Tesla’s profits rise despite disappointing revenue, factory shutdown” Tesla on Wednesday reported a rise in quarterly profit, as a string of price increases on its best-selling vehicles helped offset production challenges, sending its shares up 4% in extended trading. “With each of the Fremont and Shanghai factories achieving their highest-ever production months and new factory…
” Dogecoin misses bullish target after Elon Musk snubs Twitter — what’s next for DOGE price? “ Dogecoin (DOGE) has missed a much-anticipated technical upside target and is down nearly 10% over the past week amid an ongoing spat between Elon Musk and Twitter. Musk hurts DOGE price To recap: Musk, whose companies Tesla, SpaceX,…
“Elon Musk laughs off Twitter lawsuit with memes” Billionaire Elon Musk appears to be laughing off the reality of a lengthy, expansive legal battle with Twitter after nixing his $44 billion takeover agreement with the company. Musk used the platform he is no longer interested in buying to mock Twitter’s leadership on Sunday. The Tesla…
“Elon Musk to ‘significantly’ boost Tesla childcare benefits” Elon Musk said Friday he planned to “significantly” increase childcare benefits at his companies, including Tesla, and that the details would be likely announced next month. “Kids are worth it if at all possible. I’m planning to increase childcare benefits at my companies significantly,” Musk — who recently became a…
“Tesla quietly launched a new trailer with solar panels (and Starlink) to boost your EV’s overall range” It isn’t quite like Tesla to do anything without fanfare, yet at the IdeenExpo in Hannover Germany, the EV giant unveiled a prototype of yet another product they’re working on – a trailer that attaches to the back…
“Tesla to pay workers’ abortion travel costs after Texas move” Tesla has committed to covering travel-related expenses for employees who are forced to go out of state to have an abortion after Elon Musk’s electric car outfit recently relocated to Texas, where the governor has vowed to outlaw the procedure. Musk has been hailed by…
“Tesla’s new factories ‘losing billions of dollars’” Tesla’s new car factories in Texas and Berlin are “losing billions of dollars” as they struggle to increase production because of a shortage of batteries and China port issues, Chief Executive Elon Musk said recently. “Both Berlin and Austin factories are gigantic money furnaces right now. Okay? It’s really like a giant roaring sound,…
“Elon Musk names ‘unresolved’ obstacles to Twitter deal closure” Billionaire Elon Musk said Tuesday that he still sees three “unresolved matters” impeding the closure of his $44 billion Twitter takeover agreement. Progress on Musk’s negotiations with Twitter’s board has stalled since mid-May, when the billionaire declared the deal was “temporarily on hold” while he assessed…
“This massive Tesla Hotel-on-wheels concept paints a sci-fi picture of luxury life on Mars” Designed and envisioned by China-based artist ‘LOONGT’, the Tesla Mobile Resort Hotel is more than just a Roadster shot in space. It’s a mammoth-like structure on wheels that cruises along on Mars’ landscape, giving occupants a stunning view of the red…