[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...]

---------------------------------------------------------------------------------------------------------------------------------------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...]

[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...]

---------------------------------------------------------------------------------------------------------------------------------------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...]

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...]

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...]

[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...]

[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...]

[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...]

[TAG0][TAG1] Elon Musk has changed his display name from "Mr. Tweet" to "Mr. Tweet", and he says that he cannot change it back. This is a reference to an error made during the "funding secured Tesla trial". Twitter users complained that they were unable to change names in the past. Elon Musk claims he has remained with his new Twitter name, … [Read more...]