Elon Musk's Tesla lost $140m on Bitcoin in 2022
Synopsis by BBC Feb 03 23
Tesla invested $1.5bn in the cryptocurrency in early 2021, and briefly accepted it as payment.Read full article 
BBC: Elon Musk's Tesla lost $140m on Bitcoin in 2022
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| Last Updated | Feb 03 23 |
| Total Articles | 2 |
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Elon Musk is feuding with Brazil’s powerful Supreme Court: The court has become the de facto regulator of social media in the country
economist.com/the-americas/2024/04/14/elon-musk-is-feuding-with-brazils-powerful-supreme-court
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Quick Glance: Elon Musk's Clash with Brazil's Supreme Court
- Serial entrepreneur Elon Musk has been publicly criticizing Alexandre de Moraes, one of Brazil's Supreme Court judges, for the past week.
- The dispute revolves around X, a social media company owned by Mr. Musk, which announced on April 6th that a Brazilian court had ordered it to block a set of 'popular' accounts or face hefty fines.
- Mr. Moraes then initiated an inquiry against Mr. Musk for obstruction of justice, leading Mr. Musk to claim that censorship in Brazil is worse than in any other country where the platform operates.
- The row highlights the power of Brazil's Supreme Court and the debate on regulating social media without harming freedom of speech, which is a crucial battleground in Brazil.
Elon Musk threatens to disobey court order over banned profiles: Brazil threatens to regulate social media owned by "billionaires domiciled abroad."
ft.com/content/26e54895-a37d-4ab1-baad-701d5ddcf150
Quick Glance: Elon Musk and the Support of Far-Right in Brazil
- A court in Brazil is planning an investigation against X owner Elon Musk for alleged obstruction of justice, following Musk's reactivation of accounts belonging to far-right individuals that were flagged by the Brazilian government for removal.
- Under Musk's leadership, X has transformed into a sanctuary for the far right and dissemination of misinformation, resulting in an escalation of hate speech on the platform.
- Experts caution that Musk is establishing a dangerous precedent by protecting and promoting the far right on his platform, regardless of local regulations or public opinion.
- Despite Musk's claims of advocating for free speech, the implementation of these principles on the platform has been inconsistent under his direction, especially concerning government requests to deactivate accounts.
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Elon Musk and Javier Milei share their love of free markets in first meeting: Tesla boss shows Argentine president Texas factory where they talked about lithium ...
ft.com/content/604e66e3-597c-49e8-bac5-5d51a7a35abd
Quick Glance: Elon Musk and Javier Milei Discuss Free Markets and Investment Opportunities
- Elon Musk and Argentine president Javier Milei met for the first time at Tesla's Texas factory.
- They discussed market liberation, eliminating bureaucratic obstacles, and investment opportunities.
- Milei unexpectedly won an election focused on spending cuts and inflation reduction.
- Both shared similar views on free markets and expressed support for Israel in conflicts.
Tesla: job cuts at e-car company - Welcome to reality, Elon Musk!: Tesla is facing a huge wave of redundancies. This is bad news for the employees ...
wiwo.de/unternehmen/auto/stellenabbau-bei-tesla-musks-abschied-von-wolkenkuckucksheim/29757498.html
Quick Glance: Tesla: Layoffs and Elon Musk's Reality Check
- Tesla is planning a major layoff to prepare for the future.
- Elon Musk's grasp on reality is questioned as Tesla performs mediocre in the automotive industry.
- Tesla experiences a decline in revenue margin compared to other automakers.
- The success of Tesla's future depends on the implementation of autonomous driving technology.
Tesla recalls Cybertrucks over accelerator crash risk: The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.
bbc.com/news/articles/c9ezp0lv039o
So much for free speech on X; Musk confirms new users must soon pay to post: The fee, likely $1, is aimed at stopping “relentless” bots, Musk said.
arstechnica.com/tech-policy/2024/04/so-much-for-free-speech-on-x-musk-confirms-new-users-must-soon-pay-to-post/
Quick Glance: Musk Plans Fee for New X Users
- Elon Musk intends to charge new users of X in the initial months to curb the activity of automated bot accounts.
- The fee is set to be waived after three months to allow free posting.
- Tests in New Zealand and the Philippines raised skepticism about the effectiveness of the fee as a countermeasure against bots.
- Declining revenues at X post-rebranding and Twitter acquisition, along with a negative brand perception by companies, are impacting the service's business.
Why Tesla wants to give Elon Musk $55 billion pay package: Tesla says Elon Musk's pay package is a "matter of fundamental fairness and respect to our CEO."
businessinsider.com/why-tesla-wants-give-elon-musk-billion-pay-package-2024-4
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
Elon Musk’s Lifts Restrictions on X Accounts in Brazil in Challenge to Court: Billionaire Elon Musk said he will lift restrictions imposed on some X accounts in ...
bloomberg.com/news/articles/2024-04-07/musk-lifts-restrictions-on-x-accounts-in-brazil-in-challenge-to-courts
Paid articlePaidQuick Glance: Elon Musk Lifts Restrictions on X Accounts in Brazil Amid Legal Dispute
- Billionaire Elon Musk announced plans to lift restrictions on some X accounts in Brazil, risking the potential closure of the social media platform in the country.
- The decision came after court rulings forced X to block specific popular accounts in Brazil without disclosing the reasons or legal violations.
- The legal battle unfolds as courts in Brazil escalate efforts to combat fake news and hate speech online.
- Musk has previously clashed with Brazilian authorities over content censorship on his platform, arguing that it goes against the law and the will of the Brazilian people.
Tesla recalls the Cybertruck for faulty accelerator pedals that can get stuck: Tesla has issued a recall for the Cybertruck due to a problem where the ...
techcrunch.com/2024/04/19/tesla-cybertruck-throttle-accelerator-pedal-stuck/
Tesla just asked shareholders to approve Elon Musk's nixed $56 billion pay plan again
qz.com/tesla-elon-musk-investors-approve-compensation-pay-plan-1851415316
Quick Glance: Tesla Cybertruck: Pedal Safety Issues
- The Tesla Cybertruck has faced criticism for various issues, but now a serious safety concern with the accelerator pedal has led to the temporary halt of deliveries.
- A video and reports show that the pedal cover can come loose and jam, causing unintended acceleration even when the foot is not on the pedal.
- Deliveries have been halted, appointments rescheduled and canceled as Tesla investigates acceleration issues. A regulatory investigation looms over the company, potentially requiring a recall of all trucks.
- Some drivers have attempted to manually remove the pedal cover, indicating a potentially serious safety issue that cannot be resolved through software.
Tesla shares tumble below $150 per share, giving up all gains made over the past year
apnews.com/article/tesla-stock-elon-musk-electric-vehicles-a58609b126ba5f5b7655f6049ecb27f1
Quick Glance: Tesla Shares Plummet Below $150, Erasing Year's Gains
- Tesla's stock tumbled below $150 per share, erasing all gains made in the past year, reflecting falling sales and deep discounts to attract buyers.
- Shares of Tesla have fallen by 12.4% this week and over 39% this year, accompanied by a global staff reduction of 10% amounting to around 14,000 jobs.
- Tesla's stock hit an all-time high in November 2021 but sales plummeted last quarter due to increased competition and failed price cuts to bolster demand.
- Anticipated lower first-quarter earnings for Tesla raise concerns about potential catalysts to reverse the stock decline amidst uncertainties surrounding the release of a new affordable electric vehicle and strategic shifts within the company.
Tesla seeks to award Elon Musk $56bn pay package: The deal, if approved by shareholders and judges, would be the largest in corporate America.
bbc.com/news/articles/cqqndqndpq5o
Walmart Is Poised to Overtake Tesla in Market Value. How the Retailer Got Here.: It’s a tale of contrasting fortunes: Walmart stock has steadily risen as some of ...
barrons.com/articles/walmart-tesla-overtake-market-value-40f12270
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Bitcoin supply to run out on exchanges in 9 months — Bybit: BTC supply on exchanges will run out in nine months after the upcoming Bitcoin halving and continued ...
cointelegraph.com/news/bitcoin-supply-run-out-exchanges-9-months
Mark Zuckerberg has passed Elon Musk as the world's third-richest person as Tesla stock hits new lows
qz.com/tesla-musk-meta-facebook-zuckerberg-wealth-stock-1851419657
Tesla's Layoffs Won't Solve Its Growing Pains: The car company popularized EVs. Now, facing intense competition from China, it has to figure out what to do next.
wired.com/story/tesla-robotaxi-pivot-china/
Elon Musk predicts AI will overtake human intelligence next year: Tesla chief says infrastructure will need to keep up with technology’s demands as he seeks ...
ft.com/content/027b133f-f7e3-459d-95bf-8afd815ae23d
Quick Glance: Elon Musk Predicts AI Surpassing Human Intelligence Next Year
- Elon Musk predicts that artificial intelligence will surpass human intelligence by the end of next year, given the necessary infrastructure to meet technological demands.
- Musk anticipates that AI capabilities will likely exceed those of all humans in the next five years.
- A series of AI breakthroughs in the past 18 months have accelerated development faster than expected, with Musk being more optimistic than previous forecasts.
- Musk has intensified his efforts to enter the AI race by seeking funding for his own AI startup to compete with OpenAI, while also advocating for a pause in the development of advanced AI systems.
Tesla whistleblower in legal battle over braking-safety concerns: A former Tesla engineer is in a decade-long battle with the car company, owned by Elon Musk.
bbc.com/news/articles/cg3q95ednqwo
Tesla Stock Is Rising as Selling Pressure Eases. Cathie Wood Is Buying.: Tesla stock has fallen 11% this month.
barrons.com/articles/tesla-stock-buy-sell-cathie-wood-18592475
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Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
entrepreneur.com/business-news/tesla-to-shareholders-approve-ceo-musks-record-high-pay/472850
Elon Musk confirms he used a secret account on X : Elon Musk said he had used an alternate "test account" on X, with which he at times roleplayed as a toddler.
businessinsider.com/elon-musk-confirms-secret-twitter-account-x-child-2024-4
Tesla lays off more than 10% of its workforce: Owner Elon Musk said it was a difficult decision to reduce Tesla's global headcount
bbc.com/news/technology-68818113
Cathie Wood’s ARKK Hits Five-Month Low as Tesla (TSLA) Drops on Job Cuts: Shares in Cathie Wood’s flagship fund slid to a five-month low as Tesla Inc. ...
bloomberg.com/news/articles/2024-04-16/cathie-wood-s-arkk-hits-five-month-low-as-tesla-fuels-losing-run
Paid articlePaid 'China is about to start bidding' — Will Hong Kong Bitcoin ETFs spark the halving rally?
cointelegraph.com/news/china-hong-kong-bitcoin-etfs-halving-btc-price-rally
Wall Street wants answers from Elon Musk on Tesla's Model 2 car: Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive ...
reuters.com/business/autos-transportation/wall-street-wants-answers-musk-teslas-affordable-car-2024-04-17/
Is Elon Musk's Starlink Profitable? SpaceX Satellites Are Money Losers: SpaceX celebrates the satellite business as a money-making venture fueling a quest ...
bloomberg.com/news/features/2024-04-10/is-elon-musk-s-starlink-profitable-spacex-satellites-are-money-losers
Paid articlePaid Hyundai pauses ads on X over brand safety issues: South Korea's Hyundai said on Friday that it had paused advertising on X, formerly known as Twitter ...
reuters.com/business/autos-transportation/hyundai-pauses-ads-x-over-brand-safety-issues-2024-04-19/
Elon Musk’s Grok keeps making up fake news based on X users’ jokes: X likely hopes to avoid liability with disclaimer that Grok "can make mistakes."
arstechnica.com/tech-policy/2024/04/elon-musks-grok-keeps-making-up-fake-news-based-on-x-users-jokes/
Tesla tries legal 'Band-Aid' to revive Musk's huge pay deal: Tesla and Elon Musk are seizing upon an obscure provision in corporate law to attempt to restore ...
reuters.com/legal/tesla-tries-legal-band-aid-revive-musks-huge-pay-deal-2024-04-18/
Nissan Looks to Tesla’s Style of Carmaking to Build Cheaper EVs: Nissan Motor Co. will use gigacasting, a manufacturing process pioneered by Tesla Inc. ...
bloomberg.com/news/articles/2024-04-16/nissan-looks-to-tesla-s-style-of-carmaking-to-build-cheaper-evs
Paid articlePaid Musk’s X Retreats, Pledging to Comply With Brazil Court Orders: Elon Musk’s X social media platform will comply with all orders from Brazil’s Supreme Court ...
bloomberg.com/news/articles/2024-04-16/musk-s-x-retreats-pledging-to-comply-with-brazil-court-orders
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US supports UN reform: Biden admin on Musk's remarks on UNSC seat for India: The US supports much-needed reform of the United Nations, including the Security ...
business-standard.com/external-affairs-defence-security/news/us-supports-un-reform-biden-admin-on-musk-s-remarks-on-unsc-seat-for-india-124041800583_1.html
Bitcoin miners could dump $5B in BTC after halving: 10x Research: Bitcoin miners are likely to start selling their holdings after the halving resulting in more ...
cointelegraph.com/news/bitcoin-miners-dump-5-billion-in-btc-after-halving-10x-research
Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%: Two high-profile executives have departed Tesla the same day that the electric automaker ...
techcrunch.com/2024/04/15/tesla-layoffs-workers-sales-cybertruck-cuts/
Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist
coindesk.com/markets/2024/04/17/bitcoin-tumbles-to-60k-ether-under-3k-correction-not-over-says-strategist/
Tesla cancels some layoff separation agreements: Some laid off Tesla workers received a notification that their separation agreement had been canceled.
businessinsider.com/tesla-cancels-some-layoff-separation-agreements-2024-4
Tesla halves the price of its Full Self Driving (Supervised) subscription to $99 per month
engt.co/3Ufb2DO
Tesla to lay off more than 10% of its staff, Electrek reports: Tesla will lay off more than 10% of its global workforce, an internal memo seen by Reuters on ...
reuters.com/business/autos-transportation/tesla-lay-off-more-than-10-its-staff-electrek-reports-2024-04-15/
Tesla (TSLA) Recalls Almost 3,900 Cybertrucks to Repair Faulty Pedals: Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that ...
bloomberg.com/news/articles/2024-04-19/tesla-recalls-almost-3-900-cybertrucks-to-repair-faulty-pedals
Musk’s next big payday matters more than his last: Yesterday’s paycheck is a poor guarantee of good work tomorrow. Electric-car maker Tesla is asking investors ...
reuters.com/legal/transactional/musks-next-big-payday-matters-more-than-his-last-2024-04-17/
I relocated when Tesla asked. Then I was laid off.: A Tesla worker who was laid off says they tried to clock in and their phone said to contact IT.
businessinsider.com/laid-off-tesla-worker-story-after-relocating-2024-4
X is removing ability to hide checkmarks for premium users: Last year, Elon Musk-owned social network X rolled out a feature for paid users to hide their ...
techcrunch.com/2024/04/11/x-is-removing-ability-to-hide-checkmarks-for-premium-users/
India Elections: An Election Meme War Unfolds As Modi's BJP Outspends Opposition
bloomberg.com/news/articles/2024-04-17/india-elections-an-election-meme-war-unfolds-as-modi-s-bjp-outspends-opposition
Paid articlePaid Elon Musk wanted this deposition kept secret. Here are the best moments: Highlights from the Tesla CEO and X owner's newly released deposition transcript
qz.com/elon-musk-deposition-highlights-1851399387
Quick Glance: Spiro Faces Sanctions Bid in Texas Defamation Fight
- Benjamin Brody seeks sanctions against Elon Musk's lawyer Alex Spiro for alleged unauthorized legal practice in a defamation lawsuit.
- Spiro represented Musk in a hearing despite not being licensed in Texas and lacking court permission.
- Brody claims Musk made false statements about him on social media, leading to a lawsuit.
- Spiro's behavior during a hearing was described as highly unprofessional, prompting demands for legal fees and sanctions.
Northrop Grumman working with Musk's SpaceX on U.S. spy satellite system: Aerospace and defense company Northrop Grumman is working with SpaceX ...
reut.rs/4aBz8OU
Bitcoin slips below $60K, but some traders aren’t turning bearish on BTC just yet
cointelegraph.com/news/bitcoin-slips-60k-traders-turning-bearish-btc
A 605 MW PV plant in Germany is now Europe’s largest solar farm: A 605-MW project in Germany has claimed the title of Europe's largest solar farm ...
electrek.co/2024/04/12/germany-europe-largest-solar-farm/
Why Is Elon Musk Dragging His 3-Year-Old Around the World?: Elon Musk has taken to bringing his 3-year-old son X to events around the world ...
nymag.com/intelligencer/article/why-is-elon-musk-dragging-his-3-year-old-around-the-world.html
Tesla says 300 subcontracted workers let go in Germany: Tesla has let go of 300 temporary workers in Germany in keeping with their contract period ...
reut.rs/3vZecT6
Bitcoin price prediction: Coin could crash over 50% as FOMO rally fades: Bitcoin could plummet to as low as $20,000 in crypto's next "ice age ...
markets.businessinsider.com/news/currencies/bitcoin-price-prediction-btc-crash-fed-interest-rates-crypto-outlook-2024-4
Tesla layoffs hit high performers, some departments slashed, sources say: Tesla management told employees Monday that the recent layoffs — which gutted some ...
techcrunch.com/2024/04/15/tesla-layoffs-hit-high-performers-slashes-some-departments-sources-say/
Tesla (TSLA) Sales Miss in First Year-Over-Year Drop Since Pandemic: Tesla Inc. suffered its first year-over-year sales drop since the early days of the Covid ...
bloomberg.com/news/articles/2024-04-02/tesla-sales-miss-in-first-year-over-year-drop-since-pandemic
Quick Glance: Potential Risk: Tesla Stock Price Faces Dramatic Decline
- Per Lekander labels Tesla as the largest stock market bubble in modern history.
- He warns that the absence of growth endangers Tesla's stock price and poses a risk of collapse.
- Lekander forecasts a potential drop in the stock price to just $14 per share, reflecting a 91% decrease. He critiques Tesla's business model and highlights current demand challenges.
Goldman Sachs breaks down Bitcoin and Co.: Why cryptos are not an asset class and clients are not interested
finanzen.net/nachricht/devisen/trotz-rally-und-spot-etfs-goldman-sachs-schiesst-gegen-bitcoin-und-co-angeblich-keine-kundennachfrage-nach-kryptos-13411692
Gina Carano “Grotesquely Trivialized The Holocaust,” Disney Says; Wants Elon Musk-Backed Suit On ‘Mandalorian’ Firing Tossed
deadline.com/2024/04/gina-carano-disney-mandalorian-lawsuit-latest-1235880689/
India Elections 2024: Modi to Meet Elon Musk Amid World’s Biggest Election: Each day, Bloomberg journalists take you across a selection of towns and cities as ...
bloomberg.com/news/articles/2024-04-16/india-elections-2024-modi-to-meet-elon-musk-amid-world-s-biggest-election
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Elon Musk Indicates That X Might Soon Start Charging New Users for Basic Actions Such as Liking, Bookmar…
wccftech.com/elon-musk-indicates-that-x-might-soon-start-charging-new-users-for-basic-actions-such-as-liking-bookmarking-and-replying-to-posts/
Elon Musk apologizes for 'incorrectly low' Tesla severance: report: The Tesla CEO told workers in an email that the mistakes were "being corrected immediately."
businessinsider.com/elon-musk-tesla-apologizes-severance-packagaes-layoffs-2024-4
Elon Musk's Worst Predictions and Broken Promises of the Past 15 Years: "I feel very confident predicting autonomous robotaxis for Tesla next year ...
gizmodo.com/elon-musks-worst-predictions-and-broken-promises-1851398745
Bloomberg Evening Briefing: Tesla to Slash More Than 10% of Its Workforce: Get caught up.
bloomberg.com/news/newsletters/2024-04-15/bloomberg-evening-briefing-tesla-to-slash-more-than-10-of-its-workforce
Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo: Tesla will lay off more than 10% of its global workforce, according to a memo sent ...
cnbc.com/2024/04/15/tesla-shares-dip-in-premarket-trade-on-global-layoff-reports.html
Elon Musk Says New X Users Will Soon Have to Pay to Post on the Platform: Elon Musk said X will soon start charging new users who want to post on the platform to ...
entrepreneur.com/business-news/elon-musk-says-new-x-users-will-be-charged-a-fee-to-post/472864
Cryptocurrencies - Robert Kiyosaki: “Acquire as many Bitcoins as you can”: Robert Kiyosaki is convinced that the Bitcoin rally will continue. That's why the ...
finanzen.net/nachricht/devisen/bitcoin-bulle-finanzexperte-kiyosaki-erwartet-anhaltende-bitcoin-rally-13401774
Are front license plates required for all vehicles in Sacramento? Your question answered
sacbee.com/news/local/article287693925.html
Ukraine War: Does Elon Musk's Starlink help Russia's war of aggression?: Is Russia using Elon Musk's Starlink technology on the front lines? This is what US ...
t-online.de/nachrichten/ausland/internationale-politik/id_100382118/ukraine-krieg-hilft-elon-musks-starlink-dem-russischen-angriffskrieg-.html
Quick Glance: Starlink in Russia: Musk's Technology in Warfare
- Elon Musk expresses concern over Starlink's use in Russia's war.
- Russia employs Starlink for military purposes contrary to its original intent.
- Illicit networks smuggle banned Starlink terminals into Russia.
- Starlink aids Russia in overcoming communication issues and controlling drones.
Elon Musk's Grok AI Pushes False News Stories About Indian Election, Iran Strike: X users were surprised to see that Prime Minister Modi was 'ousted' in a ...
pcmag.com/news/elon-musks-grok-ai-pushes-false-news-story-about-indian-election-more
Elon Musk: Tesla boss to visit India for meeting with PM Modi: The Tesla boss is expected to announce major investment plans in India as the firm faces slowing ...
bbc.com/news/articles/c4n1ldx5klwo
Quick Glance: Musk to Meet Modi in India and Announce Investment Plans
- Elon Musk plans to visit India to meet Narendra Modi and announce investment plans.
- Musk expected to open a new factory in India and will be accompanied by other executives.
- India reduces import taxes on electric vehicles to attract foreign investments.
- Tesla plans manufacturing plant in India with around $2 billion investment to tap into the growing EV market.
Some Tesla Factory Workers Realized They Were Laid Off When Security Scanned Their Badges and Sent Them Back on Shuttles, Sources Say
entrepreneur.com/business-news/tesla-workers-showed-up-to-work-didnt-know-were-laid-off/472814
Tesla is reportedly laying off more than 10 percent of its workforce: According to an internal memo seen by Reuters, Tesla is about to lay off more than 10 ...
engt.co/3PYupyI
US committee releases sealed Brazil court orders to Musk's X: A U.S. congressional committee has released confidential Brazilian court orders to suspend accounts ...
apnews.com/article/brazil-twitter-elon-musk-x-censorship-f51dc67d51c8f5a1cf152ba467f44a8f
What a surprise! Free speech absolutist Elon Musk doesn’t really love free speech
theguardian.com/commentisfree/2024/apr/06/elon-musk-free-speech-lawsuits
Quick Glance: Elon Musk and the Controversy of Free Speech
- Elon Musk's online platforms are losing users as he focuses on funding absurd lawsuits.
- Despite issues at his companies, Musk supports controversial expressions.
- Musk presents himself as a free speech advocate but seems intolerant of criticism towards him.
- Musk weaponizes the law to silence critics and acts hypocritically as a 'champion' of free speech.
Tesla Stock Breached Support. This Is Where It’s Headed.: Tesla stock closed below technical support levels at about $164 a share on Monday ...
barrons.com/articles/tesla-stock-support-levels-9cdc4061
Paid articlePaid Elon Wants His Money Back: Tesla to Texas, banker breakup fees, Destiny Tech100 and WhatsApp at the SEC.
bloomberg.com/opinion/articles/2024-04-17/elon-wants-his-money-back
Paid articlePaid Ford offers Tesla drivers $1,500 discount to switch: Ford is taking aim at Tesla. The automaker launched an initiative to give Tesla owners a special discount on ...
businessinsider.com/ford-offers-tesla-drivers-discount-to-switch-2024-4
Tesla asks shareholders to reapprove huge Musk compensation package: The proposals come amid a difficult stretch for Tesla, whose shares have fallen 37 percent ...
lemonde.fr/en/international/article/2024/04/18/tesla-asks-shareholders-to-reapprove-huge-musk-compensation-package_6668778_4.html
Tesla 'Layoffs' Spell Bad News for Elon Musk: Elon Musk has seen his personal fortune slashed by tens of billions of dollars so far this year.
newsweek.com/tesla-layoffs-elon-musk-bad-news-fortune-loss-1890250
Quick Glance: Tesla Layoffs Impact Elon Musk's Fortune
- Elon Musk has seen his personal fortune plummet by billions of dollars this year.
- Tesla announced global workforce reductions of 'more than 10%' in an internal email sent by CEO Elon Musk to staff.
- The reported layoffs come at a challenging time for Musk and Tesla, with quarterly results showing an 8.5% decline in product deliveries compared to the previous year.
- Tesla shares have dropped over 30% this year, causing Musk to fall to third place on the Bloomberg Billionaires Index.
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