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Elon Musk defended his right to say incendiary things on Twitter, even if they lose him customers and money. Musk has tweeted conspiracy theories and discredited memes, but claims he will keep doing it.
Elon Musk Is About to Spend a TON of MoneyKyle Stock
Elon Musk continues to put his own money where his mouth is. The billionaire Tesla CEO dug into his pockets to buy additional shares of his electric car company. For the second time in two months Musk disclosed in an SEC filing that he bought Tesla stock on the open market, spending $...
Elon Musk’s Twitter, one year later Turning Twitter into X has been a messy process so far. The company’s biggest advertisers have mostly fled over the past year, thanks to Musk’s antics; his X Premium subscription hasn’t caught on; the business is still not profitable; and its valu...
As Elon Musk has made very clear this week, he is not in favor of the billionaire tax proposed by Democratic leadership, which would raise hundreds of billions of dollars to help fund Joe Biden’s Build Back Better bill and make life better for millions of Americans. In the mind of the...
The fact that Mr Musk sold roughly $20bn worth of Tesla shares last year - sales that weighed on the stock and were prompted at least in part by the Twitter purchase - did not help. "It's cost everybody a tonne of money. Certainly it didn't protect Tesla shareholders," says investor...
The money will be used to acquire 100,000chips, per sources familiar with the situation.Tesla’s Full Self Driving is expected to rely on the new Memphis supercomputer. Musk’s AI startup, which heannounced in July 2023, seeks to “understand the true nature ...
The verbal guarantees were made by Musk to banks as a way to reassure the lenders as the value of the social media site, now rebranded as X, fell sharply after he completed the acquisition last year. Despite the assurances, the seven banks that lent money to the billionaire for...
A super-PAC matching those efforts on Trump’s behalf gives Republicans a major cash advantage to spend official campaign money elsewhere, in what is shaping up to be the most expensive presidential election in U.S. history. Among outside organizations backing Trump, America PAC is the biggest...