Tag: Elon Musk

Democratic Sen. Wyden Rebuked by His Millionaire Son Over Billionaire Tax Proposal

Democratic Sen. Ron Wyden (D-Ore.) has been called out by his multimillionaire son in a Twitter exchange involving Elon Musk, the world’s richest man, and his payment of taxes. Adam Wyden, 37, lambasted his father and other politicians in a tweet that was a response to his father’s reply to Musk’s viral poll which asked…


Elon Musk’s SpaceX Now Expects to Launch Crew-3 on Wednesday After 2nd Delay

Tesla Inc. (TSLA) CEO Elon Musk-led SpaceX said on Saturday its Crew-3 mission to the International Space Station has been delayed again. What Happened SpaceX and the U.S. space agency NASA are now targeting the launch of the Crew-3 mission from the latter’s Kennedy Space Center in Florida to take place on Wednesday. SpaceX and…


Tesla Shares Fall After Twitter Users Vote for Musk to Sell Stock

Tesla Inc. shares fell 7.5 percent in premarket trading on Monday as investors prepared for its chief Elon Musk’s proposed sale of about a tenth of his holdings in the electric-car maker following his Twitter poll. Musk, Tesla’s chief executive officer and the world’s richest person, tweeted on Saturday that he would offload 10 percent…


Twitter Users Say ‘Yes’ to Musk’s Proposal to Sell 10 Percent of His Tesla Stock

Tesla Inc. CEO Elon Musk should sell about 10 percent of his Tesla stock, according to 57.9 percent of people who voted on his Twitter poll asking users of the social media network whether he should offload the stake. “I was prepared to accept either outcome,” Musk said, after the voting ended. The world’s richest…


Elon Musk-Named Meme Token Dogelon Mars Gains 119 Percent in Seven Days, Nears $1 Billion Market Cap

The cryptocurrency token Dogelon Mars (ELON) gained 119 percent in one week, competing with Dogecoin (DOGE) and Shiba Inu (SHIB). According to CoinGecko, ELON is now listed on OKEx and Crypto.com. Following that announcement, ELON spiked by 119 percent. The market cap moved from $426 million to $939 million. Last Saturday, it reached an all-time high of $0.00000259. It was…


Musk Asks Twitter Followers Whether He Should Sell 10 Percent of His Tesla Stock

Tesla Inc Chief Executive Elon Musk on Saturday asked his 62.5 million followers on Twitter in a poll if he should sell 10 percent of his Tesla stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” Musk wrote in a tweet…


Why Elon Musk Can’t Wrap His Head Around Tesla Stock’s Surge

Tesla Inc shares soared on Monday and CEO Elon Musk expressed surprise that the news around car rental company Hertz Global Holdings is driving the surge. What Happened Tesla shares jumped last week after the news that the maker of Model 3 and Model S electric vehicles has landed its biggest ever order from a…


Cryptic Elon Musk Post Goes Viral in China Amid Clash With World Food Program

HONG KONG—More commonly known for sparking debate on Twitter, Elon Musk was the centre of speculation on Weibo on Tuesday after the Tesla CEO posted a poem on the Chinese site that some took to be an extension of his clash with the U.N’s World Food Program. Musk and World Food Program (WFP) head David…


Musk’s Starlink Registers India Unit, Targets Rural Districts

NEW DELHI—Starlink, the satellite internet division of billionaire Elon Musk’s rocket company SpaceX, registered its business in India on Monday, company documents filed with the government showed, as it gears up to launch internet services in the country. Having a local unit, Starlink Satellite Communications Private Limited, will allow the company to apply for licenses…


Musk Says Tesla Has Not Signed a Contract With Hertz Yet, Halts Stock Rally

Tesla Inc. top boss Elon Musk said the electric carmaker had not signed a contract with Hertz, more than a week after the car rental firm announced a massive deal with the electric car company. Tesla’s shares fell 5 percent to $1,146 in premarket trading, after a steep jump following the news of the biggest-ever…