Tag: Elon Musk

Elon Musk Silent on Twitter for a Week

As Elon Musk’s Twitter following sprinted past the 100-million mark this week—a milestone the billionaire shares with Barack Obama, Justin Bieber, Rihanna, Katy Perry, and Cristiano Ronaldo—his followers are noticing atypical behavior: he is not posting. The Tesla and SpaceX CEO, while vocal on some of the most contentious headlines—such as the Clinton campaign’s Spygate…


Texas Lawmaker Appeals for Elon Musk’s Help to Stabilize Power Grid

Rep. Troy E. Nehls (R-Texas) on June 28 requested Elon Musk to help support America’s energy grid. The appeal was made in a letter to the Tesla CEO in light of the consumption upsurge of electric vehicles (EVs) in the United States, The Daily Caller News Foundation revealed in a report on June 28. Nehls…


Musk Vows Fast Fix for New ‘Money Furnace’ Tesla Factories

Tesla CEO Elon Musk described the electric automaker’s factories in Austin and Berlin as “money furnaces” that were losing billions of dollars because supply chain breakdowns were limiting the number of cars they can produce. In a May 30 interview with a Tesla owners club that was just released this week, Musk said that getting…


Automotive Giant Stellantis Buys Stake in Aussie Miner as Lithium Costs Skyrocket

The world’s fifth-largest automaker Stellantis—manufacturer of 14 makes, including Jeep, Maserati, and Chrysler—will become the second-largest shareholder of Australian lithium miner Vulcan Energy Resources. To fuel its ongoing electric vehicle sales, the carmaker will pay $76 million (US$52.45 million) to acquire an eight percent stake in Vulcan. The move comes as electric automakers explore ways…


Griffin’s Citadel Leaving Chicago: Report; Biden Admin Cancels $6B in Student Loans | NTD Business

Illinois’s richest man is reportedly abandoning Chicago; Ken Griffin is moving the headquarters of his Citadel hedge fund to Florida. Why? The White House is canceling $6 billion in student loan debt for borrowers who claim they were defrauded by their college. Tesla factories in Texas and Berlin are losing billions of dollars, according to CEO Elon…


Tesla’s Austin and Berlin Plants ‘Losing Billions’ Amid Supply Chain Issues: Musk

Elon Musk said on Wednesday that Tesla’s new plants in Texas and Berlin are “losing billions of dollars” due to battery shortages and supply chain disruptions prompted by government mandated COVID-19 lockdowns in China. Tesla opened its Austin-based Gigafactory in April of this year, while its Berlin-Brandenburg plant officially opened in March. “Both Berlin and Austin factories are gigantic…


TikTok Accesses American Data: Casey Fleming Breaks Down the Threat

TikTok secretly accesses American data, despite denying it to the public, according to audio obtained by Buzzfeed. Now, questions arise over data safety and China’s subversion of U.S. society, as well as the national security threat of TikTok and other intrusive apps from China. Where do we go from here? I have Casey Fleming, CEO…


Pentagon Wants Elon Musk to Drop Soldiers Into Conflict From Space

The Pentagon is collaborating with Elon Musk’s company SpaceX to investigate the possibility of using the company’s rockets to drop troops and equipment into global flashpoints. The military’s work with the private space company covers a wide array of research initiatives, according to a partially redacted research agreement, originally obtained by The Intercept via a…


Cold Feet or Confident? World Waits for Elon Musk to Finalize Twitter Purchase

Could billionaire CEO Elon Musk’s purchase of Twitter finally be in the home stretch? According to a regulatory filing with the Securities and Exchange Commission (SEC), Musk’s acquisition of the social media platform has been unanimously approved by the board, recommending stockholders “that you vote for the adoption of the merger agreement.” Shareholders must still…


Will the NIH Stop Funding Chinese Research?

Over $8M in tax dollars, funneled to China. Will the U.S. keep funding Chinese research? Dr. Fauci responds. Beijing bans Tesla drivers from entering a certain area. Some suspect the Communist regime fears the American car maker can access its data. Elon Musk says he can balance his Tesla interests in China with his Twitter…