Category: Elon Musk

Elon Musk-Named Meme Token Dogelon Mars Gains Over 4000 Percent in October to Reach All-Time High, Will It Beat Shiba Inu?

The cryptocurrency token Dogelon Mars (ELON) reached an all-time high of $0.00000259 on Saturday. Gaining over 4000 percent after opening the month of October at $0.00000005. The so-called meme cryptocurrency is named after Tesla Inc. CEO Elon Musk. According to the creator of ELON, it is a project that will constantly be evolving. Dogelon is…


Elon Musk Gives Two Thumbs Down to Billionaire Tax Idea

The world’s richest man is not happy over the billionaire tax proposal being floated as a means to finance the Biden administration’s “Build Back Better” infrastructure agenda. What Happened Tesla Inc. CEO Elon Musk shared his displeasure over the proposed tax following a tweet by Washington Post reporter Christian Davenport, who observed that “Musk would…


Elon Musk Argues Proposed Billionaire Tax Will Eventually Target Average Americans

Elon Musk issued a warning on Thursday against Democrats’ billionaire tax proposal that levies unrealized capital gains, saying that eventually the government will run out of ultra-wealthy individuals, following which, they will target the majority middle class. “US national debt is ~$28,900 billion or ~$229k per taxpayer. Even taxing all ‘billionaires’ at 100% would only…


Why Is Elon Musk so Sweet on China?

Commentary Elon Musk, a man I have discussed elsewhere, is a likable soul. Although he’s now worth more than Bill Gates and Warren Buffet combined, he seems like the kind of guy you could grab a beer with. He’s an everyman, just like you and me, but ten million times richer. An outspoken critic of…


Tesla Model 3 Becomes First EV to Top European Monthly Sales

FRANKFURT—Tesla’s Model 3 topped European car sales in September, marking the first time an electric vehicle has done so in monthly charts, research group JATO Dynamics said on Monday. At 24,591 cars registered, Tesla’s Model 3 recorded year-on-year growth of 58 percent, followed by Renault’s Clio, Dacia’s Sandero, and Volkswagen’s Golf model, JATO said. In…


Tesla Temporarily Pulls Its New Full Self-Driving Beta Software Due to ‘Issues’: Elon Musk

Electric car maker Tesla has pulled back on the latest version of its full self-driving (FSD) beta software just one day after it was released, Chief Executive Elon Musk announced on Sunday. Tesla released its 10.3 FSD update to drivers on Saturday night and Sunday morning along with a list of release notes. The list mentions…


Tesla Temporarily Pulls Its New Full Self-Driving Beta Software Due to ‘Issues’

Electric car maker Tesla has withdrawn the latest version of its full self-driving (FSD) beta software just one day after it was released, Chief Executive Elon Musk announced on Oct. 24. Tesla released its 10.3 FSD update to drivers on Oct. 23 and Oct. 24, along with a list of release notes. The list mentions changes…


Tesla CEO Elon Musk Denies His Partner Is Affiliated With Dogecoin Foundation

Tesla Inc CEO Elon Musk has denied that Jared Birchall, head of his family office, was on the advisory board of the re-established Dogecoin foundation. In a recent tweet on Saturday, Musk said that neither he, Birchall, nor his associates are involved. Musk’s statement caused a lot of confusion within the meme coin community. However,…


Elon Musk Becomes $373 Million Richer After Tesla’s Stock Rise, Far and Away the World’s Wealthiest Person

The gap between Elon Musk and the other ultra-wealthy continues to widen with increased valuations for Tesla and SpaceX. What Happened Tesla shares hit a high of $900.00 Thursday, nearly hitting their all-time high of $900.40, after releasing third-quarter earnings. The stock closed at $894, up 3 percent on the day, setting a split-adjusted record…


Elon Musk’s SpaceX Gets Wide Public Support and Some Criticism in First FAA Hearing Over Boca Chica Launch Program

The Federal Aviation Administration (FAA) on Monday conducted a virtual public hearing to draw views for an environmental review of the billionaire entrepreneur Elon Musk-led SpaceX’s proposed Starsip launch program at Boca Chica, Texas, Valley Central reported. What Happened The hearing has drawn about 100 comments from the public including residents, scientists and engineers, activists,…