Warren Buffett.Thomson Reuters Warren Buffett slammed bitcoin, praised Elon Musk, Jeff Bezos and condemned stock-market gambling. Warren Buffett criticized stock-market gamblers and dismissed bitcoin as useless. He also praised Elon Musk in 2022 and Jeff Bezos. The investor, who is now 92 years old, said that he doesn't plan to retire as Berkshire Hathaway CEO anytime in the near future. He … [Read more...]
According to reports, Elon Musk was cleared by a federal jury that his tweet about Tesla funding secured in 2018 wasn’t harmful to investors
[TAG0][TAG1] According to the WSJ, a jury found that investors failed to prove Elon Musk's derailment of them by his tweet that he had "funding secured", to take Tesla private. Musk was vindicated by the outcome. He had claimed that his tweet did not influence Tesla's stock prices. Tesla investors claimed that his public statements caused billions in damages. … [Read more...]
2023 Tesla Motortruck, New Design Seen Driving Around California
---------------------------------------------------------------------------------------------------------------------------------------By: Oliver HaslamTitle: 2023 Tesla Cybertruck Updated Design Seen Driving Around CaliforniaSourced From: www.redmondpie.com/2023-tesla-cybertruck-updated-design-seen-driving-around-california/Published Date: Fri, 03 Feb 2023 19:07:19 +0000 … [Read more...]
Bill Gates said that he would prefer to fund vaccines in order to’save people’ rather than travel to Mars. But, he believes Elon Muss will become a ‘great Philanthropist’ one day.
[TAG0][TAG1] Bill Gates stated to the BBC that he doesn't believe traveling to Mars is a smart use of money. Gates stated, "You can save 1,000 lives by purchasing measles vaccines." He said that Elon Musk had made a positive impact on Tesla, even though it isn't philanthropic. Bill Gates, Microsoft founder, said that he would rather spend money on … [Read more...]
Tesla Model S Breaks Winter EV Range Record
---------------------------------------------------------------------------------------------------------------------------------------By: Oliver HaslamTitle: Tesla Model S Breaks Winter EV Range RecordSourced From: www.redmondpie.com/tesla-model-s-breaks-winter-ev-range-record/Published Date: Thu, 02 Feb 2023 15:37:51 +0000 … [Read more...]
South Korea’s Tesla was slapped with $2 million in a fine for falsely advertising its cold-weather range.
Korean antitrust regulators fine Tesla over $2 million for false advertising. South Korea's antitrust regulator announced that it is fining Tesla $2.2 Million for false advertising. The regulators claimed Tesla exaggerated its electric vehicle's driving range in cold weather. South Korea's regulator stated that Tesla's electric vehicle's range drops by more than 50% when it is cold. South … [Read more...]
Tesla stock drops to start 2023, as the EV maker’s vehicle delivery forecasts are not met
Elon Musk, CEO of Tesla.MARK RALSTON/AFP/Getty Images Tesla stock dropped as high as 7% on its first trading day in 2023. The EV maker reported only 405,000 deliveries in the fourth-quarter, a decrease of the 430,000 expected. South Korea's antitrust regulator announced that it had fined Tesla $2.2 million for false advertisement. Shares fell as high as 7% the first day of trading after a … [Read more...]
Elon Musk on Saudi “ass-covering” and 10 other things. Tesla boss Elon Musk said that he was defending himself in his ‘funding secured’ trial
[TAG0][TAG1] Monday's testimony of Elon Musk was part of a trial that was triggered by shareholder allegations that Tesla CEO, Tesla Motors, had committed securities fraud. He claimed that Saudi investors sent him "ass-covering texts" and that he intended to sell SpaceX stock in order to take Tesla private. Here are 11 facts we have learned about Musk, the tweet … [Read more...]
Tesla stock could surge 50% and is the most popular pick in an industry that’s seeing an electric vehicle’shake-out’, Morgan Stanley’s Adam Jonas claims.
[TAG0][TAG1] Morgan Stanley says Tesla stock could rise 50% despite vehicle price reductions Analyst Adam Jonas pointed out Tesla's strong balance sheets and profitability. He wrote that Tesla's recent price reductions are the latest sign that the EV market might be entering the "shake-out" phase. Morgan Stanley estimates that Tesla stock could rise 50% if … [Read more...]
Elon Musk apologizes for tweeting an absurd conspiracy theory about the attack upon Paul Pelosi
[TAG0][TAG1] Elon Musk apologized for a conspiracy theory that was baseless about the attack against Paul Pelosi. Pelosi was the husband of Nancy Pelosi and attacked at his home in October. Musk's apology was made one day after Pelosi was attacked by bodycam footage. Elon Musk apologized for his conspiracy theory that Paul attacked Nancy Pelosi, former House Speaker. … [Read more...]