[TAG0][TAG1] Elon Musk stated that he met with House leaders from both parties to ensure fairness in Twitter. According to some reports, the meeting was not planned and was "mostly an introduction". These meetings are just as the House prepares to hold a hearing on Twitter's content moderation prior to the 2020 election. On Thursday, Elon Musk visited Capitol … [Read more...]
Tesla bull Gary Black, who rebuts recession claims, says investors don’t pay attention to Elon Musk on economics.
[TAG0][TAG1] Elon Musk, Tesla CEO, warned that there would be a recession during the fourth quarter earnings update. Gary Black, co-founder of The Future Fund, said that investors should not be concerned about his outlook. Black stated Thursday that any economic downturn will not be severe because the Federal Reserve can reduce interest rates whenever it wishes. Elon … [Read more...]
Wedbush’s Dan Ives claims that Tesla stock could climb 35% after recent price cuts in China.
[TAG0][TAG1] Wedbush's Dan Ives stated that Tesla could rise 35% this year, as China's recent price cuts have been a success. According to a Wedbush survey 70% of Chinese consumers said that they had been positively influenced by recent price drops in order to buy a Tesla. This could help EV maker Tesla rebound after its stock plummeted 65% in 2022. According to … [Read more...]
Tesla buyer claims that he was ‘bullied into’ taking delivery of his Tesla. This means that he missed a price drop of almost $10,000
[TAG0][TAG1] Tesla customer claims he was "bullied" into accepting delivery of his vehicle earlier than he wanted. Tun Bhothinard stated to Insider that he paid $62,440 to buy a Tesla Model Y. It now costs approximately $10,000 less. He claimed that Tesla agents had told him that he would lose his reservation if it was not possible to delay delivery until January. … [Read more...]
Elon Musk was just called to testify in a case over his tweet titled “Funding Secured”. Here are eight stand-out quotes taken from his testimony.
[TAG0][TAG1] Friday's trial began with Elon Musk taking the stand over his 2018 tweets referring to wanting Tesla private. Jurors will be asked to decide whether Musk intentionally led investors astray by his tweets. Musk testified with typical defiance, stating that he doubted his tweets had any market significance. Elon Musk briefly testified in court Friday in a … [Read more...]
Elon Musk is being accused by a lawyer representing many laid-off Twitter staff members of trying ‘fleece” workers over severance compensation.
Susan Walsh/AP Photo Lawyer fighting Twitter claims that Elon Musk tried "fleece ex-workers" with his offers for severance pay. Twitter had stated they would get two months' salary, but Musk claimed they would get three. Shannon LissRiordan, a lawyer fighting Twitter, said that they were offered one. She also heard from "hundreds of" ex-employees dissatisfied with the offer. An attorney … [Read more...]
Tesla’s price drops have triggered an increase in buyer curiosity
[TAG0][TAG1] After last week's price drops, interest in Teslas has risen on Edmunds car-shopping site Edmunds. Analysts recommend that you act quickly to secure Tesla deals before they disappear. Tesla's pricing war seems to be paying off. According to Edmunds data, Tesla's price reductions are attracting more buyers. Edmunds discovered that after Elon … [Read more...]
Who among us paid $100,000 for an old Twitter logo in Elon Musk’s auction?
[TAG0][TAG1] Multiple reports claim that a statue depicting Twitter's bird logo was sold at an auction for $100,000. This statue was included in Twitter's sale of excess items that included hundreds. The identity of the purchaser for the large-ticket item was not disclosed by the auction house. A three-and-a-half-foot tall statue of Twitter's bird logo sold at … [Read more...]
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