[TAG0][TAG1] Royal Caribbean and Carnival have been among the top five performers in the S&P 500 for this year. Other tech titans include Nvidia Tesla and Meta Platforms After the pandemic, both cruise lines have seen a strong rebound in their business. The S&P 500's two best performers this year had nothing to do either with self-driving vehicles, artificial … [Read more...]

Twitter staff received a memo from Elon Musk on Thursday, confirming that job cuts would be announced Friday.Carina Johansen/Getty Images According to Wedbush, Tesla will likely face more pressure from activist investors in 2023. According to Dan Ives, a Wedbush analyst, Tesla and Elon Musk may face greater pressure from activist investors by 2023. Tesla is an attractive target for activists … [Read more...]

Patrick Pleul/picture Alliance via Getty Images Bloomberg reported that Elon Musk donated $5.7 billion worth of Tesla shares to his charity foundation in 2017. Bloomberg reported Monday that Elon Musk made a $5.7 billion mystery gift to the Musk Foundation in 2021. In a regulatory filing to the Securities and Exchange Commission (SEC), it was revealed that Musk had given away over 5 million … [Read more...]

Redwood Materials employees dismantling a battery module.Redwood Materials A new plant has been announced by the EV battery recycling company in South Carolina. The new plant will allow carmakers to get the materials needed to make EV battery batteries. This news is crucial as car companies race for compliance with this summer's climate laws. Redwood Materials, a giant in electric vehicle … [Read more...]

[TAG0][TAG1] Elon Musk has said that a cagefight with Mark Zuckerberg could "actually happen." Musk acknowledged in a tweet that the fight might not go well due to his lack of prior experience. Some people believe that Zuckerberg's Jiu-Jitsu skills give an advantage over Tesla and Twitter CEO. The rumor that Elon Musk could fight Mark Zuckerberg in a boxing ring … [Read more...]

[TAG0][TAG1] Ford increased its Mach-E stock after signing a deal with Tesla to give owners of the car access to charging. Ford has tripled the advertised inventory for its Mach-E electric SUV, to 11,000 total cars. This is according to S&P Global Mobility. Experts believe this is an indication that Ford is confident about the partnership with Tesla boosting demand. … [Read more...]

[TAG0][TAG1] Elon Musk has said that he wants to bring SpaceX Starlink satellite internet to India. Mukesh Amani, the owner of Reliance Jio and Asia's richest man, is his opponent. SpaceX wants the government to grant licenses for satellite service, while Reliance calls for a public bidding. Elon Musk has his eye on the huge Indian market. He says he wants to bring … [Read more...]

[TAG0][TAG2] This is the cagefight that no one wanted. Mark Zuckerberg, a Jiu-jitsu fanatic, has replied to Elon Musk’s offer to fight. In an Instagram post on Wednesday evening, Zuckerberg posted "Send me location". Elon Musk has gotten what he wanted: Mark Zuckerberg will fight him. Yep, physically. The whole thing started Tuesday night when Musk declared … [Read more...]

---------------------------------------------------------------------------------------------------------------------------------------By: Oliver HaslamTitle: Rivian Joins GM, Ford, Others In Using Tesla’s NACS Charging StandardSourced From: www.redmondpie.com/rivian-joins-gm-ford-others-in-using-teslas-nacs-charging-standard/Published Date: Tue, 20 Jun 2023 19:42:54 +0000 … [Read more...]

[TAG0][TAG1] Elon Musk says that President Joe Biden’s plan to tax wealthy people won't be well received by "a lot" of donors. Musk said a wealth tax could become a burden to lower-to-middle-income earners. In the past, the billionaire has been against a tax on billionaires. Elon Musk poked fun at the plans of President Joe Biden to tax the wealthy in a Saturday … [Read more...]