Musk pitches lofty goals in China’s Internet censorship agency magazine

Tech billionaire Elon Musk has reportedly pitched sustainable energy, brain implants, and space exploration in an article published in a Chinese magazine run by the country’s Internet watchdog and censorship agency. The July issue of China Cyberspace features articles from Musk and Ant Group CEO Eric Jing Xiandong, the company that runs the Chinese payment … Read more

Elon Musk Sells Millions of Tesla Shares, Per SEC Filing

Elon Musk’s legal battle with Twitter, following his decision to back out of his $44 billion bid to purchase the company, doesn’t hit the courts until October, but his latest move could provide more ammo for his opposing party come trial time. Bloomberg | Getty Images Per a new SEC filing Tuesday night, it was … Read more

Elon Musk responds to Ford CEO Jim Farley’s pickup truck jab

After Ford CEO Jim Farley took a playful dig at Elon Musk, the tech billionaire shared a lighthearted response to the playful pickup truck jab from him. Farley, recently, drew a comparison between Tesla’s long-delayed Cybertruck and Ford’s plug-in pick up — F-150 Lightning, while announcing a significant investment in solar energy. Meanwhile, replying to … Read more

Todo indica que será Canada, no México, el lugar en el que Tesla will install its new plant

Hace unos meses se dio a conocer un audio recorded durante una junta que Elon Musk sostuvo con su equipo de trabajo en la que se reveló que Tesla was looking for the place indicated to mount a new factory para producir autos eléctricos: “Estamos buscando sitios, pero estamos considering algunas opciones de lugares en … Read more

Elson Musk sells $6.9 billion of Tesla stock to finance his Twitter deal if it is forced through

Tesla CEO Elon Musk sold $6.9 billion (€6.6 billion) worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform. “In the (hopefully unlikely) event that Twitter forces this deal to close and some equity … Read more

First Nations entrepreneur program ‘lights spark’ for Bundaberg students

Lilliarna Kerr, 15, from Bundaberg in south-east Queensland has a clear career path mapped out as a registered nurse. But as part of a group of First Nations students at Kepnock State High School, Lilliarna is also brainstorming ideas on ways to use her culture to help protect the ocean. “Custodians of the Sea will … Read more

Tesla signs deals worth $5 billion with Indonesian companies to buy nickel

Tesla chief Elon Musk met President Joko Widodo earlier this year to discuss investment plans in Indonesia. By: HT Auto Desk | Updated on: 08 Aug 2022, 16:10 PM FILE PHOTO: A logo of Tesla Motors on an electric car model (REUTERS) Tesla has signed contracts worth $5 billion with nickel processing Indonesian companies to … Read more

Twitter deal should go ahead if company provides proof of real accounts: Elon Musk

Photo: BCCL Tesla boss Elon Musk has said that if micro-blogging platform Twitter could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his $44 billion purchase deal for the company should proceed on original terms. “If Twitter simply provides their method of sampling 100 accounts and how … Read more

Elon Musk’s claims factually inaccurate, legally insufficient: Twitter

Twitter has filed a detailed response to Tesla CEO Elon Musk’s countersuit against the micro-blogging platform, saying his claims are ‘factually inaccurate, legally insufficient, and commercially irrelevant’. According to Musk, he was hoodwinked by Twitter into signing a $44 billion merger agreement. ‘That story is as implausible and contrary to fact as it sounds. And … Read more

Why the Banks Financing Musk’s Twitter Deal Are Unlikely to Be Able to Help Him Walk Away

The banks that agreed to finance Elon Musk’s $44 billion acquisition of Twitter Inc have a financial incentive to help the world’s richest person walk away but would face long legal odds, according to people close to the deal and corporate law experts. Twitter has sued Musk to force him to complete the transaction, dismissing … Read more