The Dogefather strikes again. The embattled CEO of Twitter and Tesla isn’t known for measured takes and a sober public persona. However, Elon Musk doled out a piece of considered financial advice on Tuesday to crypto enthusiasts and fans of Dogecoin. “I’m not advising anyone to buy crypto or bet the farm on Dogecoin,” he said while speaking virtually at a …
Tesla SVP Automotive Tom Zhu has acquired an additional 339,060 TSLA shares. The update was listed in a Form 4 filing with the United States Securities and Exchange Commission. As can be seen in the Form 4 filing, Zhu acquired 2,775 TSLA shares as an incentive stock option and 336,285 TSLA shares as a non-qualified stock …
Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk said on Tuesday the automaker would probably pick a location for a new factory by the end of this year. When the Wall Street Journal’s Thorold Barker asked Musk if India was interesting, he said, “Absolutely”. Tesla is “serious” about its plans to establish a manufacturing base in India, …
WASHINGTON (Reuters) – U.S. Transportation Secretary Pete Buttigieg said Tuesday there are concerns about the interaction between Tesla (NASDAQ:TSLA)’s advanced driver assistance system Autopilot and drivers that is the subject of an ongoing government investigation. Since August 2021, the National Highway Traffic Safety Administration has been investigating a series of Tesla crashes involving Autopilot and …
Elon Musk described himself as relentlessly optimistic during a recent appearance. He’s a dreamer who tries to solve impossible problems, Warren Buffett and Charlie Munger said. Buffett once noted that pessimism can be valuable in the insurance industry. Elon Musk recently described himself as “pathologically optimistic,” underlining Warren Buffett’s view that the Tesla, SpaceX, and Twitter …
Oppenheimer reiterated a Perform rating on Tesla (NASDAQ:TSLA) after visiting the electric automaker’s factory in Austin, Texas. Austin production reached 5K vehicles/week in May shortly after Berlin. Based on Oppenheimer’s analysis, the current production of 4680 batteries is on track to sustain a rate of 1,000 vehicles per week. They anticipate that Tesla will primarily …
May 22 (Reuters) – A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the social media company for $44 billion. In a decision on Monday, U.S. District Judge Charles Breyer in San Francisco said plaintiff William Heresniak lacked standing …
Reports from Tesla owners online suggest that the electric vehicle maker has resumed the rollout of Full Self-Driving Beta (FSD Beta) to new testers. The release of the advanced driver assist system had previously been paused for new users following an FSD Beta-related recall from the National Highway Traffic Safety Administration (NHTSA). The NHTSA recall …
Elon Musk rebukes Senator Sanders – with help from a Disney icon. Disney’s (DIS) – Get Free Report Scrooge McDuck has stood tall since 1947 – usually on a mountain of gold coins – as a playful symbol against greed, avarice, and unchecked wealth. Decades later, Elon Musk is using Scrooge McDuck to mock Senator Bernie Sanders (D-VT) …
Elon Musk has been speaking out against working from home for years. In one of his first actions as the new CEO of Twitter, he sent a companywide email banning remote work. He later said he would make exceptions on a case-by-case basis for “exceptional” employees. More recently, in an in-depth interview with CNBC, Musk called remote …