Elon Musk, the chief executive officer (CEO) of Tesla Inc. says he’s considering leaving his jobs and becoming an influencer. “Thinking of quitting my jobs & becoming an influencer full-time wdyt,” Musk said in the Twitter post, without elaborating. It was not immediately clear if he was being serious about quitting his roles. He did…
Elon Musk Sells Another $963 Million Tesla Stock Amid Insider Selling Frenzy on the S&P500
Tesla Inc. CEO Elon Musk sold shares worth $963.2 million on Thursday, as per filings made with the U.S. Securities and Exchange Commission. What Happened: Musk sold 934,091 shares of Tesla and also exercised options to purchase 2.17 million shares of the automaker at $6.24. As per the filings, the shares were “sold solely to…
NTD Business Full Broadcast (Dec. 7)
Several Amazon services went down Tueday, affecting thousands of its customers, including some big names. The self-proclaimed founder of bitcoin just won an important court case, but does that mean he is the founder of the cryptocurrency? Tesla boss Elon Musk is weighing in on President Joe Biden’s social spending bill. What concerns does he…
Elon Musk Criticizes Biden’s Electric Vehicle Tax Incentive
Tesla CEO Elon Musk on Monday criticized the Biden administration’s proposal to give union-made, U.S.-built electric vehicles (EVs) a $12,500 tax incentive under the Build Back Better Agenda. “Honestly, I would just can this whole bill,” Musk said during a virtual appearance at The Wall Street Journal’s CEO Council Summit. The White House has set a goal for electric…
NASA Signs up SpaceX for 3 More Commercial Flights to ISS Amid Boeing’s Starliner Delays
Tesla Inc. CEO Elon Musk’s SpaceX has secured three more commercial crew flights to the International Space Station as part of its contract with NASA, the U.S. space agency said on Friday. The additional crew flights would allow the U.S. space agency NASA to maintain an uninterrupted human access to the space station every now…
Elon Musk’s Wealth Declines by $15B as Tech Stocks Plunge
December 5, 2021
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AMERICABusiness & EconomyCCP VirusCompanieseconomyElon MuskInvestmentLocal NewsMarket WatchMarketsMedia & Big TechNorthern CaliforniaRegional-Local NewsstocksTechUSUS NewswealthWorld
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The stock market saw an overall plunge on Friday after a discouraging November jobs report coupled with COVID-19 Omicron variant concerns. Technology stocks were among the most notable losers on Friday as Tesla Inc. fell 6.4 percent. With that, Tesla CEO Elon Musk’s net worth fell by $15.2 billion. That leaves Musk’s fortune at $268.9…
Elon Musk Confirms Tesla’s First Cybertrucks Will Be Quad Motor, 4-Wheel Steering
Tesla Inc’s most anticipated vehicle, the Cybertruck, has been delayed to the end of 2022. When revealed in 2019, there were single, dual, and tri-motor variants to choose from. But CEO Elon Musk has said the Cybertruck has had multiple updates. Now Musk is answering questions on Twitter about the Cybertruck, first confirming that it…
Tesla Officially Moves Headquarters from California to Texas
December 3, 2021
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Business & EconomyBusinesses in COVID-19CompanieseconomyElon MuskheadquartersLocal NewsNorthern CaliforniaRegional-Local NewsSouthern CaliforniaTechteslaTexasUSUS News
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Tesla founder and chief executive Elon Musk has made good on his promise to relocate the company’s headquarters from Palo Alto, California, to Austin, Texas, with a Dec. 1 regulatory filing making the move official. “On December 1, 2021, Tesla, Inc. relocated its corporate headquarters to Gigafactory Texas at 13101 Harold Green Road, Austin, Texas 78725,”…
The Real Reason Elon Musk Is Leaving California
December 2, 2021
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CaliforniaElon MuskLocal NewsNorthern CaliforniaOpinionRegional-Local NewsSouthern CaliforniaUSViewpoints
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Commentary Elon Musk will be saving a lot of money leaving California. According to Bloomberg on Nov. 29, “Elon Musk’s California Exit Can Save Him $2 Billion in Taxes.” Subhead: “The billionaire’s sale of multiple homes was a crucial step in fleeing the high-tax state.” Doing so will “enable the Tesla co-founder to declare he’s…
Musk Laments ‘Supply Chain Nightmare’ Facing Cybertruck Production
November 30, 2021
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Business & EconomyBusinesses in COVID-19CompanieseconomyElon MuskInternationalsupply chainteslaUSUS NewsWorld
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Tesla Chief Executive Elon Musk on Monday lamented the ongoing supply chain difficulties facing the release of the company’s much-delayed Cybertruck and said he will share updates about the new electric vehicle when the company reports its 2021 earnings. “Oh man, this year has been such a supply chain nightmare & it’s not over!” Musk said in a…
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