Tesla

Huge Twitter takeover bid forces Elon Musk to sell Tesla stock worth $4 bn

Tesla CEO Elon Musk has sold around 4.4 million shares of the company worth around $4 billion, as he prepares to take over Twitter for nearly $44 billion.

Apr 29, 2022

As $44 billion takeover fires Twitter stock, Elon Musk turns mushy and cute

Shares of Twitter, arguably the world's most influential social media platform, jumped after the Wall Street Journal reported that the company is nearing a deal with Elon Musk, the world's richest man.

Apr 26, 2022

Twitter's board salary will be $0 if my bid succeeds: Musk

Tesla CEO and SpaceX CEO Elon Musk has taken another dig at Twitter board, saying the members of the board will get zero salary if his $43 billion takeover bid succeeds.

Apr 19, 2022

What is the 'poison pill' measure that Twiter is adopting to stop Elon Musk's takeover

It's a corporate strategy established during the wild leverage buyout (LBO) days of the 1980s in the United States, and it's another name for the "shareholder rights plan."

Apr 16, 2022

Fake news of Tesla acquiring lithium miner sent its stock up over 250%

After Tesla fans propagated fake news of the acquisition of lithium mining firm Lithium Corporation on Twitter, the firm's stock went up over 250 per cent.

Apr 14, 2022

Musk hears Ukraine's plea; activates Starlink satellites to give country data backup [details]

Tesla and SpaceX founder Elon Musk has activated Starlink, his commercial internet network, in Ukraine, with "more terminals en route".

Feb 27, 2022

India rejects Tesla's call for import duty exemption: Report

The Indian government has turned down a demand of tech billionaire Elon Musk's electric vehicle (EV) company Tesla for tax breaks to import electric cars, saying rules already allow bringing in partially-built vehicles and assembling them locally at a lower levy, Bloomberg reported on Friday.

Feb 5, 2022

Elon Musk offers teen $5K to stop tracking his private jet location; gets counter offer [details]

Tesla CEO Elon Musk has offered an enterprising teenager $5,000 to remove a Twitter bot tracking the movements of his private plane.

Jan 30, 2022

Tesla reached breakthrough in 2021 with $5.5 bn net income: Elon Musk

Elon Musk has said that 2021 was a breakthrough year for Tesla and for electric vehicles in general, as the EV maker ended last year with $5.5 billion in net income, compared to $721 million in 2020.

Jan 27, 2022

Sidhu joins KTR, Jayant Patil to invite Musk to set up Tesla's unit, offers Ludhiana as venue

After Telangana and Maharashtra now Punjab Pradesh Congress Committee chief Navjot Singh Sidhu on Sunday invited industry tycoon Elon Musk to set up Tesla's unit in the state's industrial hub Ludhiana.

Jan 17, 2022

Elon Musk fails to reason with Indian govt on Tesla launch; goes complaining on Twitter [details]

Elon Musk has always blamed the Indian government's policies for giving up on his India dreams and also criticised the FDI norms for the delay in the electric car maker's entry into the Indian market.

Jan 13, 2022

SpaceX CEO Elon Musk warns of bankruptcy in email to employees [Details]

Elon Musk warns employees of potential bankruptcy of Space X through an email.Musk also revealed that instead of taking the weekend off as planned, he was going to be working on the Raptor all night and over the weekend

Dec 1, 2021

Tesla app suffers outage; locks some owners out fo their cars [details]

The outage came shortly after the automaker rolled out an update to its application, which Electrek said includes a feature that Tesla had issues implementing.

Nov 21, 2021

Elon Musk once criticized AI calling it threat to humanity, now developing humanoid bot [details]

Musk revealed that the new Tesla bot will incorporate chips that will allow it to navigate easily

Aug 22, 2021

Manufacture electric cars in India, get tax benefits: Govt to Tesla

The Indian government may consider lowering import duty along with offering other sops to Tesla but for that, the EV major would have to invest in setting up a manufacturing facility in the country.

Aug 3, 2021

Musk wants to bring Tesla to India but blames 100% import duty on EVs

Tesla CEO Elon Musk said that its electric vehicle (EV) company wants to launch cars in India, but the country's import duties on EVs are "highest in the world by far".

Jul 26, 2021

Can you answer Elon Musk's favorite question during job interviews [details]

Elon Musk is widely considered one of the greatest visionaries in the world of business and science

Jun 22, 2021

Elon Musk says Tesla's Model S Plaid Plus car is cancelled

After announcing that Tesla will hold an event for the first Model S Plaid deliveries last week, its CEO Elon Musk on Monday said the new electric car will not arrive at all.

Jun 7, 2021

Elon Musk sued by Tesla investor For "erratic" tweets

According to a complaint, Elon Musk's "erratic" tweets and the failure of Tesla directors to ensure he complied with the Securities and Exchange Commission settlement have exposed shareholders to billions of dollars of losses.

Mar 13, 2021

China created 200 billionaires as world economy dwindled after COVID pandemic [details]

Zhong Shanshan of bottled water giant Nongfu, who joined the list for the first time with a fortune of $85 billion placing him at No. 1 in Asia, led the Chinese pack.

Mar 5, 2021