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“#Elon Musk is officially the ‘Technoking of Tesla’” Tesla is now officially Elon Musk’s kingdom. The electric-car maker told investors Monday that its billionaire chief executive had changed his company title to “Technoking of Tesla.” Tesla disclosed the change in a filing with the Securities and Exchange Commission without elaborating on why Musk had taken…
“# Elon Musk’s latest canine-themed tweet didn’t pump Dogecoin as much as SHIB ” Though the price of Dogecoin (DOGE) surged over the weekend to surpass $0.06 again, this time another token based on a cuddly canine benefited from the hype around Elon Musk’s social media posts. In a Saturday night tweet, the Tesla CEO…
“#Tesla’s California plant saw more than 400 COVID-19 cases” Hundreds of COVID-19 cases have been reported at a Tesla plant in California since it reopened last year against county health orders. Cases of the potentially deadly virus at the electric car maker’s plant in Fremont have soared since it restarted production May 11 — despite…
“#Tesla investor sues Elon Musk, claims tweets violate SEC settlement” Tesla Chief Executive Elon Musk and the board of the electric-car company have been sued by a shareholder who accused Musk of violating his 2018 settlement with the Securities and Exchange Commission over his Twitter use. According to a complaint unsealed late Thursday in Delaware Chancery…
“#Machine catches fire at Tesla factory in California” A machine caught fire at the northern California factory where Tesla makes the bulk of its cars, according to local officials. The flames broke out Thursday afternoon in a part of the Fremont plant that’s currently under construction, the Fremont Fire Department said. Firefighters who responded to…
“#Tesla says China factory wasn’t hit by Verkada camera hack” Tesla on Wednesday pushed back on hackers’ claims that its Chinese factory had been swept up in a massive surveillance camera breach. The electric-car maker was reportedly one of several companies hit in Monday’s cyberattack against Verkada, a Silicon Valley company that sells web-operated security-camera…
“# ‘Existential threat’ to Bitcoin-investing companies from carbon fallout ” Allocating capital to Bitcoin risks a backlash from environmentally conscious investors, according to author and co-anchor of CNBC’s Squawk Box, Andrew Ross Sorkin. In a piece for the International New York Times, syndicated worldwide, Sorkin pointed to statements by Lawrence Fink, CEO of Black Rock…
“#Tech stocks rebound as Nasdaq jumps over 3 percent” US stocks advanced on Tuesday, with the Nasdaq jumping over 3 percent to recoup its losses in the previous session as US bond yields retreated and investors picked up battered technology stocks. Among the biggest boosts to the S&P 500 and the Nasdaq were Tesla, Apple,…
“#Tesla building huge battery linked to Texas power grid: report” Tesla is building a giant battery that will be plugged into the Texas power grid that got devastated by last month’s winter storm, a new report says. A subsidiary of the electric-car maker called Gambit Energy Storage is quietly working on the massive facility in…
“#Elon Musk’s fortune loses $27B as Tesla stock plunges: report” Tesla chief Elon Musk’s fortune reportedly shrank by $27 billion last week as the electric-car maker’s staggering stock rally was thrown into reverse. Musk suffered the hefty paper loss between Monday and Friday as a selloff in big tech stocks drove Tesla’s share price down…