Tesla’s $1.5 billion purchase of the cryptocurrency Bitcoin could be subjected to an investigation, according to Doug Davidson, a former Branch Chief of the Securities and Exchange Commission’s Divison of Enforcement. The SEC could look into the exact date of Tesla’s BTC purchase, as well as if CEO Elon Musk’s tweets gave its investment an […]
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Tesla’s recent $1.5 billion investment into Bitcoin is a distraction from Chinese regulators looking into complaints of quality issues from consumers, Big Short investor Michael Burry said in a series of deleted tweets on Monday. Burry, who predicted the 2007 housing collapse by recognizing a market bubble, has been notably bearish on TSLA stock in […]
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Tesla’s (NASDAQ: TSLA) $1.5 billion purchase of Bitcoin, a move announced yesterday in a 10-K document filed with the SEC, was the most popular news surrounding the electric automaker on Monday. While some TSLA investors saw it as their time to get out of being shareholders, others look at it as an advantage in several […]
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Just months after pledging to prioritize retail investors in Starlink’s future IPO, SpaceX CEO Elon Musk has noted that the satellite constellation will be listed publicly once the cash flow of the internet service becomes predictable. Such a move would allow retail investors to hold a part of what could very well be a dominant […]
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Clark County Nevada shared some pictures of The Boring Company’s (TBC) Las Vegas Convention Center (LVCC) Loop project. The photos showed the progress TBC has made at one of the LVCC Loop stations, where a stream of convention center guests will come and go once Elon Musk’s people mover is operational. According to Clark County […]
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XPrize, a nonprofit organization that designs and hosts public competitions aimed at benefiting humanity through innovation, will manage the $100 million incentive from Elon Musk’s gigaton carbon removal competition. Musk announced that he would be donating $100M, which was funded by the Musk Foundation, as a prize for the best carbon capture technology last month. […]
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Tesla investor Gary Black, a former Bernstein analyst, has decided to offload his Tesla shares after accurately predicting the over 700% surge in the automaker’s stock price in 2020. Black announced this morning that the “absence of clear FY’21 delivery guidance,” and other factors were the reason for his decision. Black posted a Tweet on […]
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“I make jokes about Dogecoin, but they are really meant to be jokes,” Musk said.
The Mayor of the City of Miami Francis Suarez shared details about his recent talk with Elon Musk and a potential Boring Company tunneling project in the Magic City in a short video posted on Twitter. Suarez specifically highlighted the cost advantages The Boring Company (TBC) would bring to the table if Miami were to approve […]
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Tesla and SpaceX CEO Elon Musk announced via Twitter that he will be writing a book about the two companies’ stories. The long and tumultuous story of Musk’s endeavor of running an automaker and a space program at the same time will be told by the man who experienced it himself. Up until now, only […]
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