[TAG0][TAG1] Elon Musk made a joke about the term "seller with small stature" when he testified during Friday's trial. A shareholder lawsuit claimed that Musk had manipulated Tesla's stock prices via a 2018 tweet. Musk made it clear that he hates shareholders over the years, calling the practice "evil". Elon Musk made a dig at Tesla's … [Read more...]
Tesla must act more like GM or Toyota if it wants to win this race.
[TAG0][TAG4] Tesla is the global leader in electric cars, but it must diversify its product line. Elon Musk must make more affordable cars if he wants to be a major player like GM or Volkswagen. Musk plans to build a $25,000 car but it's not clear where the project is. Elon Musk has big goals for Tesla. He wants to sell 20 million cars by 2030, which is the equivalent of … [Read more...]
Another Tesla Semi was apparently found broken down along the side-of-the-road
[TAG0][TAG1] Twitter is abuzz with images of another Tesla Semi parked on the side of a road. Drivers have been spotting Tesla Semis that are disabled since December began deliveries. Wedbush analyst: Investors are not worried yet Twitter is abuzz with reports of another Tesla Semi being damaged on the side of a road. Many of the Tesla Class 8 electric trucks have been … [Read more...]
Elon Musk lost so many dollars that Guinness World Records named him for the largest personal fortune theft in history’
According to Guinness World Records, Elon Musk broke the record for the largest loss of personal fortune in human history. "Carina Johansen/Getty Images Elon Musk's loss of Tesla shares in plummeting prices in 2022 saw him lose more than $100 billion and he no longer holds the title for world's wealthiest person. Forbes estimates that Musk is still worth $144.4 billion today. Elon Musk kicked … [Read more...]
Amazon and Coinbase are making thousands of cuts to their workforces as they continue to see layoffs well into 2023. Here is the full list.
Andy Jassy, Amazon CEO, first announced the company's latest round in layoffs in November. Mike Blake/Reuters Coinbase and Amazon are among the latest victims of a wave in layoffs at large US tech companies. These companies have cut thousands of employees. Check out the complete list of layoffs in 2023. The wave of layoffs that impacted dozens of US companies at the end 2022 seems to be … [Read more...]
Report states that Twitter executives encouraged advertisers to be flexible with Elon Musk’s unpredictable nature as the company continues to lose advertising dollars.
According to reports, Twitter executives under Elon Musk are becoming more desperate to attract advertising dollars. Bill Pugliano/Getty Images According to The Information, Twitter executives told advertisers that they need to be comfortable with Elon Musk's unpredictable behavior. Some advertisers have been dissatisfied by this, according to The Information. According to some, this has led to … [Read more...]
TSLA – Will China be the ultimate downfall of Tesla (TSLA).
Tesla (NASDAQ:TSLA), is in serious trouble. It has fallen $80 per share (40%) over the past month and a quarter and $260 per share (67%) since its high in April. It's becoming clearer that China, the market on which the company was once dependent for its survival, may bring Elon Musk even more problems in the coming weeks and months. Morgan Stanley analysts stated that Tesla Motors was so … [Read more...]
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