In a Tuesday statement, the EV company said it will launch a limited number of its Lucid Air Dream Edition P and R sedans for customers in Germany, Switzerland, Norway, and the Netherlands, adding that it would price its Air Dream Edition P/R at approximately €218,000 in Germany. Last week, Lucid said it would increase […]
Musk’s tweet, which soon went viral, came just two days after the Tesla CEO acquired Twitter in a $44 billion deal. “Next I’m buying Coca-Cola to put the cocaine back in,” Musk wrote, referring to the drink’s original 1886 recipe when it was a tonic for various ailments. Musk also shared a screenshot of a […]
The deal was shaken upon on Monday following weeks of speculation about Twitter’s future after Elon Musk’s emergence as the platform’s largest single shareholder on 4 April. On 14 April, Musk announced a takeover bid, offering $54.20 per share in the social media giant. Though initially opposed to the takeover, Twitter’s board warmed to the […]
On Monday, Tesla and SpaceX CEO Elon Musk said that Twitter’s board of directors will not receive a salary if his acquisition of the company is successful. In a Tweet, Musk wrote, “Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there.” Presently, Twitter spends approximately $2.9 million in cash […]
In an unexpected U-turn, Tesla CEO Elon Musk will no longer be joining the board of Twitter, reversing a collaboration announced just last week by the social media giant. Turning to Twitter, the company’s CEO Parag Agrawal wrote: “Elon Musk has decided not to join our board [...] The Board and I had many discussions […]
Tesla and SpaceX CEO Elon Musk has said he is giving “serious thought” to building a social media platform. However, the billionaire didn’t go into detail on how his hypothetical social media platform would work or how it would look. Musk’s remark came after he claimed that Twitter, a social media platform that he uses […]
According to CNBC, Tesla wrote in an email to its European employees: “For any Tesla employee who is a Ukrainian national and has been asked to return to Ukraine for active duty as a reservist, we will maintain their employment and salary for 3 months, with a view to assessing after this period as needed.” […]
In an email to Ukrainian Tesla owners published by Electreck, Musk’s EV company announced that it would drop the fee for its supercharging stations in countries directly surrounding Ukraine. Both Tesla and non-Tesla EVs can be charged without cost in Poland, Slovakia, and Hungary. “We hope that this helps give you the peace of mind […]
Elon Musk may have said that he doesn't have a pot of money lying around, but you can bet your bottom dollar that he doesn't have to search for change in his wallet to fill up his fancy Tesla. Yes, Musk might not have billions sitting in a bank account, but he does have billions […]
Billionaire Tesla CEO Elon Musk donated a total of 5,044,000 shares in the world's most valuable car manufacturer in November last year, according to its filing with the US Securities and Exchange Commission (SEC). Musk’s donation was worth an impressive $5.74 billion, based on the closing prices of Tesla shares on the five days he […]
Student Jack Sweeney created the Twitter bot, which tracks Musk’s Gulfstream private jet and posts real-time updates of its location. Since discovering the Twitter bot, Musk has pleaded with Sweeney to delete it: “Can you take this down? It is a security risk,” Musk said. In a direct message to Sweeney, Musk also said, “I […]
The journey across Michigan was the first road test of the Gemini battery, developed by Detroit-based startup Our Next Energy (ONE), and achieved almost double the typical range that a standard Tesla Model S is capable of meeting. According to ONE founder and CEO Mujeeb Ijaz, the results of the first road test “set a […]
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