Category: Elon Musk

Tesla’s Musk Says ‘Working Through Challenges’ With India Government

January 13, 2022
Business & EconomychallengesCompanieseconomyElon MuskGovernmentIndiateslaWorld
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NEW DELHI—Tesla Inc. is “still working through a lot of challenges with the government” in India, its billionaire chief executive Elon Musk said on Twitter on Thursday, responding to a question on when it would launch its electric cars in the country. Tesla had plans to begin selling imported cars in India last year and…

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Self-Driving Truck Completes Successful Run in Arizona

January 10, 2022
automated vehiclesElon MuskRegional NewsRegional-Local NewsSciencetruck driver shortageUSUS News
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A long-distance test run using a driverless truck cab in Arizona went without a hitch on Dec. 22 to complete the world’s first live demonstration of a fully automated long-haul vehicle on open roads. TuSimple Holdings announced on Dec. 29 that it had successfully completed the 80-mile test drive using a specially updated Class 8…

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Tesla Raises Full Self Driving Software Price to $12,000 in US, Musk Says

January 8, 2022
Business & EconomyCompaniesdrivingElon MuskselfsoftwareteslaUSUS News
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Tesla Inc. Chief Executive Officer Elon Musk said on Twitter on Friday that the electric carmaker will raise the U.S. price of its advanced driver assistant software dubbed “Full Self Driving” to $12,000 on Jan. 17. The 20 percent price rise comes less than two years since Tesla raised Full Self-Driving (FSD) prices to $10,000…

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Musk-Backed Starlink to Refund Pre-Orders in India After Government Order

January 5, 2022
Asia & PacificBusiness & EconomyCompaniesElon MuskIndianStarlinkTechTech NewsUSUS NewsWorld
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MUMBAI—Billionaire entrepreneur Elon Musk’s Starlink satellite internet venture told its members on Tuesday the Indian government had asked the company to refund all its pre-orders until it receives licences to operate in the country. “As has always been the case, you can receive a refund at any time,” the company said in an email to…

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Market Analyst Says Shiba Inu and Dogecoin Unlikely to Rally in 2022, Only Elon Musk Tweets Can Pump the Cryptos

January 2, 2022
2022Business & EconomycryptocryptocurrencydogecoinElon MuskMarketspumpshiba inu
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During an end-of-year interview, senior currency strategist at Forex analysis site DailyFX Christopher Vecchio said that he would be very surprised if Shiba Inu or Dogecoin have a good 2022. Adding that he believes that only Tesla Inc. CEO Elon Musk would be able to save these coins. “Ultimately, I do think there’s a little bit of a sentiment…

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Billionaire Elon Musk’s SpaceX Gets $337.4 Million Boost in Equity Financing

December 30, 2021
Business & EconomyCompaniesElon MuskSpaceX
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Elon Musk’s SpaceX has raised over $337 million in equity financing, according to a regulatory filing with the U.S. Securities & Exchange Commission by the aerospace manufacturer on Wednesday. As per the filing by the company, which is headquartered in Hawthorne, California, it raised approximately $337.4 million in financing. SpaceX crossed $100 billion in valuation following a secondary share sale by existing investors in…

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2021 Was The Year Of Dogecoin: A Month By Month Retrospective With Top Stories

December 29, 2021
Business & EconomycryptocurrencyElon MuskGameStopMarkets
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One of the biggest storylines for cryptocurrency in 2021 was the rise of Dogecoin. Benzinga took a look back at the popular meme coin to see what the top storylines were for Dogecoin in each month in 2021. January Start Price: $0.0047 End Price: $0.0349 High Price: $0.0779 Dogecoin started 2021 trading under $0.01 per coin. The…

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Elon Musk Sells Another Billion Worth of Tesla Shares, Exercises Options to Buy Stock

December 29, 2021
billionaire taxBusiness & EconomyCompaniesElon MuskTechTech NewsTesla SharesUSUS News
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Elon Musk sold about $1.02 billion worth of his holdings in Tesla, reaching closer to his sales target of 10 percent that he had promised Twitter followers last month, while at the same time bought millions of shares via options. According to filings with the U.S. Securities & Exchange Commission, as cited by the Wall…

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China-style Propaganda: Urges US to Act Responsibly in Space to Show Its Muscles

December 29, 2021
Business & EconomyChinachina space stationChinese RegimeCompaniesElon MuskSpaceXSpecial TopicsStarlinkTech CompetitionUS-China relations
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The Chinese regime urged the United States to act responsibly in space on Dec. 28, with an excuse that its space station was forced to take evasive action to avoid collision with satellites launched by Elon Musk’s SpaceX Starlink program. Earlier on the same day, the state-run Global Times criticized the Starlink program and claimed…

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Beijing Capitalizes on Elon Musk Satellite Incident for Propaganda Purposes

December 29, 2021
Business & EconomyChinachina space stationChinese RegimeCompaniesElon MuskSpaceXSpecial TopicsStarlinkTech CompetitionUS-China relations
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The Chinese regime urged the United States to act responsibly in space on Dec. 28, after its space station was forced to take evasive action to avoid collision with satellites launched by Elon Musk’s SpaceX Starlink program. Earlier on the same day, the state-run Global Times criticized the Starlink program and claimed that the Pentagon…

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