Mark Wilson/WPA Pool/Paul Hennessy/Getty Images; Rachel Mendelson/Insider Let's start with a parable. This parable is about a guy that you have never heard of. Ernie Garcia II could easily have made it onto this list. In reality, almost all of the factors were there for this exact scenario to occur. He chose an adventure that we all could learn from. For a brief moment last year, Ernie wasn't … [Read more...]
Here are our boldest predictions for 2023.
Spencer Platt/Getty Images In 2022, the market was shaken by Russia's war against Ukraine and massive Fed rate increases. Some forecasts predict even more turmoil in the future of 2023. Investors have been hit hard by the bear market, Russia's war against Ukraine, and massive Fed rate increases in the last year. Some forecasts even see more turmoil in 2023. These are some bold predictions for … [Read more...]
Warren Buffett condemned stock-market gambling, attacked bitcoin, and praised Elon Mussos and Jeff Bezos in 2017. Here are his top ten quotes from 2022.
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...]