Elon Musk, CEO of SpaceX, stands beside a Falcon 9 launch.REUTERS/Mike Brown/Getty Pictures SpaceX was founded by Elon Musk in 2002. He has also invested a large amount of his fortune into the venture. Elon Musk in his office in 2004. Paul Harris/Getty Images Lori Garver, former NASA deputy administrator wrote that Elon was so offended by this act that he decided to start his own rocket … [Read more...]
Warren Buffett-backed Chinese EV maker BYD suffered $18 billion of value loss in the price war with Tesla.
[TAG0][TAG1] China's BYD shares have dropped 14% over the past month, as Tesla pushes ahead with a price battle. The Warren Buffett-backed EV maker has lost $18 billion due to the stock market plunge. Buffett's Berkshire Hathaway still has gains of approximately 5,500% from its initial BYD investment. The Warren Buffett-backed BYD suffered a $18 billion loss in value … [Read more...]
Jim Simons’ RenTech was the first to bet on Tesla a decade before. Elon Musk owned a stake in RenTech worth $12B today.
[TAG0][TAG1] Jim Simons' quant fund Renaissance Technologies made the first bet on Elon Musk’s Tesla in 2013. It purchased 2.7 million shares in split-adjusted for $19 million back then and more than $500 million today. RenTech's stake reached 59 million shares in 2019, or $12 billion today at Tesla's stock prices. Renaissance Technologies invested in Tesla 10 … [Read more...]
Elon Musk Unabashedly Honest about Used Tesla Prices
Elon Musk has enjoyed a long career being an innovative innovator. He started his first company Zip2 in 1999, which was purchased through Compaq around 2001. In 2002, he established X.com, which became PayPal after 2004. In 2006 he founded Tesla Motors, which went public in the year 2010. In 2013, he created SpaceX which is currently working on rockets and spacecraft. Elon Musk is a visionary … [Read more...]
Elon Musk just made this HUGE deal with Tim Cook
Elon Musk has enjoyed many years of experience as an innovator. His first venture was Zip2 in 1999. It was bought in 2001 by Compaq during 2001. In 2002, he launched X.com which later became PayPal at the end of 2004. In 2006, he founded Tesla Motors, which went public in the year 2010. In 2013, he created SpaceX, which is currently developing rockets and spacecraft. Elon Musk is a visionary … [Read more...]
Elon Musk’s NEW INSANE Motor SHOCKS The Entire Industry
Elon Musk has enjoyed many years of experience as an innovator. His first venture was Zip2 in 1999, which was purchased from Compaq at the end of 2001. In 2002 he founded X.com which later became PayPal at the end of 2004. In 2006, he established Tesla Motors, which went public in the year 2010. In 2013, he established SpaceX that is currently developing rockets as well as spacecraft. Elon Musk … [Read more...]
Elon Musk Has Just Announced A Terrifying Truth About Antartica
Elon Musk has enjoyed a long career as an innovator. The company he founded was Zip2 in 1999. It was acquired in 2001 by Compaq around 2001. In 2002, he launched X.com, which became PayPal after 2004. In 2006, he launched Tesla Motors, which went public in the year 2010. In 2013, he established SpaceX which is currently working on rockets and spacecraft. Elon Musk is a visionary who has … [Read more...]
The S&P 500’s 10 biggest losers this year have lost $1.6 trillion in market capital
Traders work at the NYSE floor. Thomson Reuters Here are the top 10 percentage decliners of the S&P 500 in a year that was losing for US stocks. Meta, Tesla, Match and Match all made it as their shares suffered losses exceeding 60%. Market value of $1.6 trillion was lost by the 10 biggest S&P 500 stock losers. After a year of turbulent losses, equity investors are eager to welcome 2022. The … [Read more...]
Elon Musk has lost $132Billion in 2022 following Tesla’s 68% fall. However, that still makes him 2nd most valuable person in the world.
Tesla CEO Elon Musk.Justin Sullivan/Getty Images Elon Musk has seen his net worth plummet by more than $130 Billion as Tesla's stock continues to fall. Investors fear Musk may be spreading his wealth too thinly among his various business ventures. According to Bloomberg Billionaires Index, Elon Musk's net worth has been wiped out by the collapse of Tesla stock. Based on data from December 23, … [Read more...]
Tesla opens pre-orders on a wireless charging pad that is similar to Apple’s failing version
The cost of Tesla's Wireless Charging platform is $300 According to Tesla, shipping will start in February. Tesla announced that pre-orders are now open for the $300 wireless charging mat. The mat can charge up three devices simultaneously. In 2019, Apple cancelled AirPower, its own wireless charging mat. The Wireless Charging Platform by Tesla, a $300 mat that can charge up to three devices … [Read more...]
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