Tesla stock soars after Elon Musk promises affordable EV
Tesla shares rose in early premarket trading Wednesday after CEO Elon Musk said he would accelerate the rollout of more affordable electric vehicles in hopes of boosting sluggish profits. It soared more than 11%. Musk’s announcement was aimed at calming jittery investors on Wall Street who were still digesting the company’s latest earnings report, released […]
Tesla Stock Surges Despite Dismal Quarter as Elon Musk Promises Affordable EVs by 2025
Tesla shares rose after CEO Elon Musk announced that the company aims to begin producing affordable electric vehicle models by early 2025, or perhaps later this year. Shares rose about 12% in premarket trading Wednesday. This recovery came despite dismal earnings, including a 55% drop in first-quarter net income. CNBC report Despite Tesla’s disastrous first […]
Elon Musk blasts Australia’s ‘censorship’ after X told to take down video
Elon Musk on Tuesday criticized Australia’s prime minister after a court ordered his social media company He argued that the country could end up controlling “the entire internet.” Musk came under fire from Prime Minister Anthony Albanese and other government officials last week for failing to delete a video showing a teenage boy stabbing two […]
Musk speaks out against effort to ban TikTok: ‘Not what America stands for’
Billionaire tech mogul Elon Musk has opposed efforts to ban TikTok in the United States, saying it violates the First Amendment and is “not what America represents.” Musk added that the ban would likely benefit social media platform X, which he acquired in October 2022, but that he does not support the ban. “In my […]
Elon Musk apologizes after Tesla gave ‘incorrectly low’ severance packages to some laid-off workers: report
Dan Niles, senior portfolio manager at Satori Funds, joins Morning with Maria to share his stock picks as investors await the March jobs report. Some recently laid-off Tesla employees reportedly experienced severance mix-ups. CEO Elon Musk sent an email to employees about the issue Wednesday, saying, “We have become aware that some severance benefits are […]
‘Dogecoin purer than Ethereum:’ Elon Musk, execs react to Top 10 move – AMBCrypto News
Amidst the meme coin frenzy, Elon Musk’s tweet sent DOGE soaring 4%. DeFi regulations could strengthen DOGE and pave the way for ETF eligibility. In light of the recent crypto debacle that has roiled the crypto market, Dogecoin [DOGE] It was one of several altcoins that spiked a bit during the market crash. The dog-themed […]
Elon Musk reportedly indicates Tesla slashing jobs
Elon Musk has reportedly indicated that Tesla intends to cut more than 10% of its workforce. “Over the years, our company has grown rapidly with multiple factories around the world. This rapid growth has led to duplication of roles and duties in certain areas. “This is critical as we prepare for a phase of growth […]
RFK Jr discloses what Elon Musk told him about Twitter files
When Elon Musk bought Twitter, he discovered millions of documents showing that the White House and Twitter officials were colluding to censor Americans. These became known as Twitter files. Robert F. Kennedy Jr. was one of the Americans specifically targeted in these documents. “The government put pressure on companies to silence you, which by most […]
Elon Musk, Javier Milei pledge to promote free market after Texas meeting
Billionaire Elon Musk and Argentina’s liberal president spoke on Friday about free markets and potential lithium projects after the like-minded two met in Texas, home to the Tesla electric car company. He promised to cooperate with the promotion. The pair visited Tesla’s Austin headquarters and discussed topics ranging from the need to accelerate global birthrate […]
Elon Musk Predicts AI Will Surpass Human Intelligence Within Two Years
Tesla CEO Elon Musk has made a bold prediction about the future of artificial intelligence, claiming that AI will be “smarter than the smartest human being” within the next two years. futurism report In a recent interview with Norwegian Wealth Fund CEO Nikolai Tangen, Elon Musk shared his thoughts on the rapid advancement of AI. […]