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Musk’s antics set Tesla owners against her new buyers | Business and Economics News

Dennis Levitt got his first Tesla, a blue Model S, in 2013, and he loves it. “It was way better than any car I’ve ever driven,” says the 73-year-old self-storage executive. He bought the brand as well as Elon Musk, the charismatic CEO of Tesla Inc. He bought another Model S the following year and …

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Billionaire George Soros Bets on Musk’s Tesla and Ford

George Soros seems to have picked his winners in the race for electric vehicles.  In any case, the emblematic investor is placing his pawns while car manufacturers are fighting with thunderous announcements to occupy this market considered to be the future of the automobile in the medium term at least.  Soros, who had so far …

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Elon Musk sells nearly 8 million shares of Tesla

New York CNN Business – Tesla CEO Elon Musk has sold 7.9 million shares of Tesla in recent days, raising $6.9 billion in sales. The sales were revealed Friday through Tuesday in a series of filings with the Securities and Exchange Commission late Tuesday night. They represent the first sale of Tesla shares by Musk …

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Why Tesla investors may need to worry about Elon Musk’s Twitter distraction

New York CNN Business – Tesla is in a highly competitive electric vehicle market. It does not have a general manager of operations. CEO Elon Musk was already preoccupied with leadership roles at SpaceX, The Boring Company and Neuralink before launching an unsolicited takeover bid on Twitter. This is a lot of distractions. And that …

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Elon Musk tweets: Tesla shareholders are trying to stop Musk

New York CNN – Elon Musk wants everyone to believe he actually got the money secured to restore Tesla (TSLA) in 2018. But the group suing him over that claim says he didn’t have it, and the Securities and Exchange Commission and the federal judge agree. Musk makes this claim as he faces a lawsuit …

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Parents accuse BYD Auto Plant in Changsha of making children sick

Update: The Changsha government announced on Sunday afternoon that it has set up a team, along with assessment agencies and third-party experts, to investigate emissions from BYD plants. Hundreds of parents gathered in the central city of Changsha on Saturday outside the local unit of new energy car maker BYD. Some held pictures of their …

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Elon Musk denies allegation that Trump encouraged him to buy Twitter

Elon Musk, CEO of Tesla Corporation, speaks to media representatives at the Tesla Gigafactory construction site in Grünheide near Berlin, September 3, 2020. Julian Staley | Image Alliance via Getty Images Elon Musk on Friday flatly denied the claim of the head of the new social media company to former President Donald Trump that Trump …

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Latest Tesla stock sale made Elon Musk a lot of money, and he’s likely to get a huge tax break

New York CNN Business – To buy Twitter, Elon Musk just sold a ton of stock and made a lot of money on the sale. But due to US tax law, selling Musk’s shares could give him a massive tax cut. Musk last month sold $8.5 billion worth of Tesla stock for more than 100 …

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Elon Musk expected to serve as interim CEO of Twitter after the deal closed

Elon Musk is expected to serve as Twitter’s interim CEO for a few months after he completed his $44 billion acquisition of the social media company, CNBC’s David Faber sources reported. A filing filed with the Securities and Exchange Commission on Thursday revealed that Musk received nearly $7.14 billion in equity obligations from friends and …

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Bill Gates Says Elon Musk Could Make Twitter Worse

Speaking at the Wall Street Journal’s CEO Summit on Wednesday, Gates asked about Elon Musk: “How does he feel about something? [on Twitter] You say “vaccines kill people” or “Bill Gates tracks people?” Jeff J. Mitchell | Getty Images News | Getty Images Bill Gates warned that Elon Musk could make Twitter “worse” after Tesla …

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