A man in Finland has blown up his Tesla vehicle with 66 pounds of dynamite in defiance over the cost of a new battery after he was faced with a $22,000 repair bill. Tuomas Katainen, who lives in Jaala village in south Finland’s Kymenlaakso, exploded his 2012 Tesla Model S at a former quarry in a…
Finland Man Blows Up His Tesla Car After Facing $22,000 Replacement Battery Bill
Tesla CEO Musk Says He Is ‘Almost Done’ With Stock Sales; Shares Rally
SAN FRANCISCO—Tesla Inc. Chief Executive Elon Musk said on Wednesday he was “almost done” with his stock sales after selling over $15 billion worth for more than one month. The billionaire had made confusing statements as to whether he might or might not be done with his stated goal of selling 10 percent of his…
Musk Says He’s Sold Enough Tesla Stock to Meet Target, Slams ‘Wokeness’ and California’s ‘Overtaxation’
December 22, 2021
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Tesla CEO Elon Musk suggested he’s done selling shares in the world’s most valuable car company, saying in an interview released Dec. 21 that he had sold “enough stock” to hit his goal of liquidating 10 percent of his Tesla stake. In a wide-ranging interview with satirical website Babylon Bee, the tech billionaire took aim…
‘Has Anyone Seen Web3?’ Musk, Dorsey Mock Tech’s Latest Buzzword
Billionaires Elon Musk and Jack Dorsey dismissed the so-called Web3 and criticized the involvement of venture capital firms such as Andreessen Horowitz in building out what some have called the next phase of the Internet. Web3, a vague term for a utopian version of the Internet that is decentralized, is based on digital record-keeping technology…
NTD Business Full Broadcast (Dec. 20)
The Top democrat in the Senate says they are still going to vote on President Biden’s social spending bill, even after Senator Joe Machin, who holds the key vote, says he won’t support it. Tesla CEO Elon Musk tweeting about his massive tax bill this year. How does it compare to other years? And why is it…
Elon Musk Says He Will Pay ‘More Taxes Than Any American in History’ This Year
Tesla Chief Executive Officer Elon Musk on Sunday said that he will pay more than $11 billion in taxes this year after Sen. Elizabeth Warren (D-Mass.) called on him to stop “freeloading off everyone else.” “For those wondering, I will pay over $11 billion in taxes this year,” Musk wrote on Twitter. Musk’s post came after Warren…
Elon Musk Says This Is How Much Tesla Expects to Spend on Giga Texas Over Time
Tesla Inc. CEO Elon Musk said on Thursday Giga Texas would, over time, draw $10 billion in investments and generate at least 20,000 direct jobs. What Happened: Musk replied to a Twitter post revealing the large investment and employment capabilities that the upcoming Giga Texas can deliver once it starts operations. Musk added that Giga…
Tesla Faces Investor Lawsuit Over Musk Tweets on 10 Percent Stock Sales
December 18, 2021
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San Francisco—Tesla Inc. was hit by a lawsuit over CEO Elon Musk’s social media posts including his Twitter poll on stock sales that pulled down its stock prices. Tesla investor David Wagner called for access to internal documents to investigate whether Tesla and Musk violated an agreement with the U.S. securities regulator and its board…
Elon Musk, Person of the Year, Radicalized by Lockdowns
Commentary It’s a good call for Time Magazine: it made Elon Musk the person of the year. It’s actually even a remarkable call, and a great omen. Musk is arguably the most prominent opponent of lockdowns and vaccine mandates in the US. In his official interview, he refused to take back his last-year denunciation of stay-at-home orders…
Musk Says Tesla’s Texas Factory Is $10 Billion Investment Over Time
Tesla Inc Chief Executive Officer Elon Musk said on Thursday that the electric carmaker’s new vehicle factory in Austin, Texas would involve an investment of more than $10 billion over time. Public filings last month showed that the company was planning to spend more than $1 billion on the factory and intended to complete its…
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