Tag: Elon Musk

Musk Gave Out $5.7 Billion Worth of Tesla Shares to Unknown Charity

Entrepreneur Elon Musk, the world’s richest man worth over $238 billion, donated millions of Tesla shares last year to a charity according to a U.S. Securities and Exchange Commission (SEC) filing. Musk sold 5,044,000 Tesla shares between Nov. 19 and Nov. 29 last year according to the filing. These shares are estimated to have been…


Elon Musk Says Starlink Now Has Over 250,000 User Terminals; Africa Launch Anticipated

Tesla Inc. CEO Elon Musk said on Monday SpaceX has secured over 250,000 user terminals for its high-speed, satellite-based internet service Starlink. What Happened The world’s richest person tweeted the milestone to his large fan base on Monday. The billionaire entrepreneur’s privately-held space-internet venture has been sending more satellites to low-orbit space, which then beam…


Musk Donated $5.7B in Tesla Shares; Facebook to Settle Privacy Lawsuit for $90M | NTD Business

New filings show Tesla boss Elon Musk donated 5 million of the company’s shares to a charity last year. How much was it worth? Delivery company DoorDash is clamping down on McDonald’s, planning to raise fees for locations that keep drivers waiting too long for food. Inflation keeps heading north. New government data shows that wholesale…


It Won’t Be the Same Tesla in the Future: Elon Musk and Others Weigh In

Tesla, Inc. has a thriving EV manufacturing business, thanks to CEO Elon Musk’s vision and its early mover advantage. Indications from the Tesla chief suggest that a few years from now, the company may not look anything like it currently does. What Happened Musk concurred with David Lee, a YouTuber and a longtime Tesla investor,…


Biden Publicly Namedrops Tesla for First Time After Months of Musk’s Barbs

President Joe Biden on Tuesday publicly mentioned Tesla for the first time in his presidency, after multiple complaints from the company’s CEO Elon Musk, who carped on Twitter and in interviews that Biden seemed to be deliberately ignoring his firm’s trailblazing role in the electric vehicle market. Biden’s long-to-arrive shoutout to Tesla came at a…


Ocean Geoengineering ‘Not Rocket Science’: Russ George

In a Feb. 3 webinar with the conservative environmental group ConservAmerica, entrepreneur Russ George pitched the idea of using iron fertilization to spur plankton growth far from shore. George said the procedure removed carbon from the atmosphere while restoring fish populations—an approach he made famous in 2012 through the experimental release of iron sulfate into…


Study: Lockdowns Do More Harm Than Good; CNN President Jeff Zucker Resigns | NTD Business

CNN’s president Jeff Zucker resigns in a surprise move. What does he say about why is he stepping down? Does lockdown work? A new study from a top university says not really. What did they find? Big name brands are signing deals with soccer clubs. Why does soccer represent a big opportunity for luxury brands?…


Elon Musk Notes How SpaceX Two-Stage Falcon 9 Rocket Backflipped and Returned to Launch Site

Tesla Inc. CEO Elon Musk on Monday explained how SpaceX’s two-staged Falcon 9 rocket performed a backflip during its latest launch for an Italian Earth observation satellite. What Happened SpaceX launched the reusable Falcon 9 COSMO-SkyMed Second Generation FM2 mission to low Earth orbit from Cape Canaveral Space Force Station in Florida at 6:11 p.m….


Teenager Who Tracks Elon Musk’s Private Jet Launching Business to Track Other High-Profile Flights

A teenager who runs a Twitter account that tracks Elon Musk’s private jet is now targeting more billionaires and their planes in the hopes of making some money, despite being blocked on social media by the Tesla chief executive officer. Jack Sweeney, 19, created a Twitter account called “Elon Musk’s Jet” in 2020 during the COVID-19…


Elon Musk Says He’s ‘Driving’ the Tesla Bot Program Personally—Because He ‘Has to’

Tesla Inc CEO Elon Musk said on Sunday he is personally “driving” the company’s humanoid robot program that he revealed last year at the company’s AI Day. What Happened The billionaire entrepreneur was responding to a post on the micro-blogging site Twitter that claimed Musk was possibly doubling his bets on the humanoid AI robot…