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“#Elon Musk claims he had Saudi deal to take Tesla private: new court filing” Elon Musk claims that Saudi Arabia had agreed to fund a 2018 buyout of Tesla, according to a bombshell lawsuit filed late Tuesday in California federal court. Musk lays out in detail for the first time his version of events leading…
“#Stunning Tesla Hypercar concept puts the EV company squarely in the luxury automotive category” The Tesla Muskrat Hypercar Concept makes the Roadster look like a dune buggy. From the mind of automotive virtuoso Khyzyl Saleem, the Tesla Muskrat (a name unanimously chosen by Saleem’s IG followers) puts a little meat on the Roadster, making it…
“#Tesla shares dip in after-hours trading despite record revenue” Tesla posted record quarterly revenue Wednesday that beat Wall Street estimates, but said it expected supply chain issues to continue through this year. The stock fell 2.7% in after-hours trading. Revenue rose to $17.72 billion in the fourth quarter, from $10.74 billion a year earlier. Analysts…
“# Fading power? Weak DOGE spike after Elon Musk makes McDonald’s offer ” Erratic billionaire and Tesla CEO Elon Musk has offered to eat a kids meal from McDonald’s live on television if the fast food giant adds Dogecoin (DOGE) as an official payment method. “I will eat a Happy Meal on TV if McDonald’s…
“#Elon Musk nudges McDonald’s to accept Dogecoin” If Elon Musk gets his way, McDonald’s will become the latest company to jump onto the Dogecoin bandwagon. Musk, a noted Dogecoin fan, called Tuesday for McDonald’s to accept the meme token as a legitimate form of payment for burgers and fries. The billionaire offered to provide McDonald’s…
“#Tesla worker dies after collapsing at California plant” An employee at a Tesla factory in Fremont, California, reportedly died this week while working on a production line. The worker died Wednesday after collapsing during a shift on the facility’s powertrain line. Tesla reported the incident to authorities, and the California Division of Occupational Safety and…
“# Bitcoin payments decline as other cryptocurrencies grow ” BitPay Inc., one of the world’s most well-known crypto payment processors, has seen a shift in the type of digital assets used for purchases over the last year, according to a Bloomberg report. According to Bitpay, Bitcoin’s (BTC) usage at businesses that use its payment system…
“# Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch ” Dogecoin (DOGE) prices rose substantially on Jan. 14 as Elon Musk announced that Tesla would start accepting it as payment for merchandise. Tesla merch buyable with Dogecoin — Elon Musk (@elonmusk) January 14, 2022 After the announcement, DOGE price jumped nearly 13%, hitting a…
“# Tesla launches Dogecoin payments for merch but there is a catch ” Tesla CEO Elon Musk announced that Tesla now accepts Dogecoin (DOGE) as payment for the company’s merchandise. DOGE-eligible products in the Tesla store can be purchased by sending DOGE to Tesla’s Dogecoin wallet. While it’s accepting DOGE, the firm also clarified that…
“#Short-seller Fraser Perring bets against Tesla” A short seller who accurately predicted the downfall of German payment processor Wirecard is now betting that Tesla’s stock will fall, claiming that the company is overvalued compared to auto giants Toyota and Volkswagen. “Are Toyota and VW undervalued or is Tesla overpriced?” Fraser Perring, the founder of investigative…