Elon Musk, the CEO of Tesla, revealed on Twitter that the company now accepts bitcoin as payment for its vehicles in the United States. The cryptocurrency payment option is now available on its US website, alongside the conventional credit card payment option. Other countries will be able to pay with …
Read More »More Than 400 Workers At Tesla Tested Positive For COVID-19 After Elon Musk Reopened A Plant
More than 400 people that work at a Tesla plant in Fremont, California, tested positive for COVID-19 between May and December, according to Plain Site. California ordered manufacturing plants to close down a year ago. At the time, Elon Musk called the closures “unnecessary.” 440 cases were reported at the …
Read More »Elon Musk Sued By Tesla Investor, Claims Tweets Violate SEC Settlement
Elon Musk, Tesla’s Chief executive, and the company’s board have been sued by a shareholder who claims Musk violated his 2018 settlement with the Securities and Exchange Commission over his Twitter account. According to the New York Post, an unsealed complaint in Delaware Chancery Court states Musk’s tweeted “erratic” tweets, …
Read More »Warren Buffett Is Worth $100 Billion
Investor Warren Buffett is the sixth richest man in the world, according to the Bloomberg Billionaire’s Index. Buffett is worth $100 billion. The disclosure comes after investors drove up the stock price for his $600 billion company Berkshire Hathaway. The 90-year-old’s net worth would be higher if he did not …
Read More »Tesla to Build Large Battery for Texas Grid That Store Energy for 20,000 Homes
Bloomberg News announced this morning that Elon Musk plans to build a massive battery that will connect to the Texas grid. According to the report, Gambit Energy Storage LLC, a Tesla Inc subsidiary, is constructing a 100-megawatt energy storage project in Angleton, Texas. The report also states the battery could power …
Read More »Elon Musk Says SpaceX is Building Its Own Company Town Called “Starbase” in Texas
Elon Musk, the CEO of SpaceX, has stated that he wants to develop a new city named “Starbase” around its southeast Texas launch site. The billionaire tech tycoon said the city would cover an area “much larger than Boca Chica,” the unincorporated seaside village where SpaceX constructed its huge rocket …
Read More »SpaceX Begins Accepting $99 Preorders For Its Starlink Satellite Internet Service As Musk Eyes IPO
Elon Musk’s SpaceX is running a public beta test of its Starlink satellite internet service. The company is now accepting preorders for $99. Prospective customers can enter a service address on the company’s website. Starlink will be offered first in the U.S., Canada, and the U.K. SpaceX will begin targeting …
Read More »Lil Uzi Vert Wants The New Elon Musk Brain Implant
As if the $24 million pink diamond implanted into his forehead wasn’t enough, Lil Uzi Vert is now ready for a brain implant. The “XO Tour Life” rapper voiced his interest in the chip over the weekend when he tweeted, “Neuralink,” which is Elon Musk’s start-up firm developing a brain …
Read More »Elon Musk’s Tesla Buys $1.5 Billion In Bitcoin, Will Accept Bitcoin Payments For Its Products
In a filing with the Securities and Exchange Commission, Tesla announced that it bought $1.5 billion in Bitcoin. The company plans to accept the currency as a payment method for its product, making it the first automaker to do so. After the announcement, Bitcoin shares rose 15%, and Tesla shares …
Read More »Cryptocurrency Dogecoin Surged More Than 60% After Elon Musk Tweeted About It
Cryptocurrency Dogecoin saw a 60% surge on Thursday after Elon Musk tweeted about it, a mere two days after the billionaire entrepreneur said he was going to take a break from Twitter “for a while.” According to Reuters, Dogecoin jumped 67.99% to $0.054496. After Musk tweeted “Doge” with a picture …
Read More »Elon Musk Supports AOC After She Calls Out Robinhood App
Elon Musk is standing by Rep. Alexandria Ocasio-Cortez’s stance against the stock trading app Robinhood. Ocasio-Cortez has asked for a House Financial Services Committee hearing regarding the app’s decision to stop trading GameStop stock, a decision that angered investors. “This is unacceptable,” Ocasio-Cortez tweeted after the news of the halted …
Read More »Authorities Ask Tesla To Recall About 158,000 Cars Over Display Malfunction
The feds have asked Tesla to recall about 158,000 cars over fears that their touch-screen displays could malfunction after a few years. According to the National Highway Traffic Safety Administration, The screens pose a safety risk because they allow drivers to monitor several features in Tesla’s Model S sedans and …
Read More »Elon Musk Is Now Richer Than Jeff Bezos, Making Him The Wealthiest Man In The World
Big bank, take little bank. Elon Musk has passed up Jeff Bezos as the richest man in the world. In 2017, Bezos was named the richest man in the world with a net worth of $184 billion. Now, Musk is in the first place with a net worth of more …
Read More »Twitter Dubs Elon Musk ‘Space Karen’ After Coronavirus Test Tweets
Elon Musk thought he was on to something when he tweeted about his coronavirus test results. After receiving two positive and two negative results during his four rapid COVID-19 tests, the SpaceX CEO tweeted that “something extremely bogus is going on.” He proceeded to get dragged as “Space Karen” by …
Read More »Despite California’s Strict Stay-At-Home Order, Elon Musk Resumes Production For Tesla
After making headlines for his newborn son’s interesting name ‘X Æ A-12,’ Elon Musk, CEO of SpaceX, is in hot water again. Musk took to Twitter on Monday to reveal that despite California’s strict orders set in place amid the crisis, Telsa is beginning to resume production in Almeda County. …
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