Beneil Dariush waited six months for Tesla to deliver a car he had ordered and decided to speed up the process by calling out the company’s CEO Elon Musk immediately after his UFC 262 lightweight bout with Tony Ferguson last weekend. “Elon, where’s my wife’s car, bro?” Dariush said in his post-fight interview on Saturday….
Bitcoin Hits 3-Month Low, Then Rallies on Musk Tweets
LONDON—Bitcoin rallied from a three-month low on Monday in a volatile session that saw investors initially selling and then buying cryptocurrencies in the wake of Tesla boss Elon Musk’s tweets about the carmaker’s bitcoin holdings. In his latest tweet, Musk said “Tesla has not sold any bitcoin.” That seeming clarification came after weekend tweets hinted…
Musk Says Tesla New Self-Driving Rollout Could Take a Couple of Months
Boss Elon Musk said Tesla Inc is tweaking its self-driving software to eliminate a phantom braking problem and may release a significantly improved version within the next couple of months. Tesla shares were down 4.4 percent at $589.89 in the late afternoon, extending falls after the U.S. safety regulator said it has launched a probe…
Ready to Exit China? Tesla Pays Off $614 Million Loan for Its Shanghai Factory
May 7, 2021
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all electric vehiclesBusinessChinaChina Business & EconomyChinese RegimeCompaniesElon Musknew energy vehiclestesla
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News Analysis Tesla has recently repaid in full the $614 million loan for the construction of its Gigafactory 3, a super factory located in Shanghai. After the news broke out, the rumor that Tesla may be preparing to leave the Chinese market spread fast on social media. The construction of the Shanghai plant began at…
SpaceX Making 1st US Crew Splashdown in Dark Since Apollo 8
CAPE CANAVERAL, Fla.—SpaceX this weekend will attempt the first U.S. splashdown of returning astronauts in darkness since the Apollo 8 moonshot in 1968. Elon Musk’s company is targeting the predawn hours of Sunday to bring back three NASA astronauts and one from Japan, after dangerously high wind scuttled a pair of earlier attempts. The astronauts—only…
Cryptocurrency Scam Affects Hundreds of Small Investors
April 27, 2021
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BusinessCrime and Incidentscryptocoincryptocurrenciescryptocurrency fraudsCryptocurrency ScamsElon MuskelonfarmsInvestmentMarketsUS
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This past weekend was tough for some cryptocurrency enthusiasts who not only lost the money they approved on a presale transaction, but they also lost all the money in their Trust Wallet through a deception that gave the scammers access to their entire wallet. The victims invested in efarms, a new cryptocurrency launched by elonfarms,…
Alleged Cryptocurrency Scam Affects Hundreds of Small Investors
April 27, 2021
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BusinessCrime and Incidentscryptocoincryptocurrenciescryptocurrency fraudsCryptocurrency ScamsElon MuskelonfarmsInvestmentMarketsUS
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Cryptocurrency enthusiasts not only lost money they had approved for a presale transaction, but also lost all the money in their Trust Wallet over this past weekend, through a deception that gave scammers access to their entire wallet, according to people who claimed to have been affected. The victims, who may number in the hundreds, invested…
Elon Musk’s Starlink To Offer Alternative High Speed Internet to Rural Australia
Rural and regional Australia may soon have high-speed internet after Elon Musk’s newest venture, Starlink Beta—the early stages of SpaceX’s satellite broadband program—came online in Australia, providing select remote and regional parts of the country with access to its high-speed satellite internet. The service, currently in beta testing mode, is only available in rural areas of…
Tesla Shares Surge After Company Posts Record Deliveries
Tesla Inc. was set to add about $50 billion to its market value as the electric car-maker’s shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts. The stock jumped nearly 8 percent in pre-market trading and it…
Tesla Files a Petition Against US Labor Board Order
Tesla Inc. has filed an appeal on a U.S. National Labor Relations Board (NLRB) ruling that the electric-car maker had violated U.S. labor law, and on the agency’s order that Chief Executive Officer Elon Musk delete a tweet from the account. The electric-car maker filed a petition on Friday with the New Orleans-based U.S. Court…
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