Elon Musk

Back in the days when Robert Downey Jr.'s Tony Stark was alive (RIP!), whizzing around the Marvel Cinematic Universe, did you ever think that he reminded you of someone? Well, if Iron Man's combo of bravado, tech ingenuity, and sheer eccentricity had you seeing shades of Tesla CEO Elon Musk,…

Breadcrumb Home Weekend Drive Podcast CHIPS Act becomes law, eye-popping EV registration numbers, and more August 10, 2022 04:03 PM Automotive News Daily Drive · August 10, 2022 | CHIPS Act becomes law, eye-popping EV registration numbers, and more A look at how much the CHIPS Act might alleviate the…

It seems that Elon Musk isn’t entirely confident that he’ll be able to pull out of his $44 billion Twitter takeover deal, with Musk reportedly selling almost $7 billion in Tesla stock in recent days in preparation for a transaction, if he is ordered to pay up. As reported by…

What just happened? Just how sure is Elon Musk that he'll win the legal battle against Twitter? Given that he sold 7.92 million Tesla shares worth $6.9 billion to help fund any forced deal, the world's richest man might not feel as confident as he lets on. Although Musk sits…

Updated at 4:29 pm EST U.S. stocks closed firmly higher Wednesday, while the dollar slipped lower against its global peers, as investors reacted to a key July inflation reading that looks to have triggered a pullback in rate-hike bets. Headline CPI  eased last month from the 41-year peak rate of…

Elon Musk offloaded $6.9 billion of stock in Tesla, the billionaire’s biggest sale on record, saying he wanted to avoid a last-minute selloff of the electric-car maker’s shares in the event he is forced to go ahead with his aborted deal to buy Twitter. Tesla’s chief executive officer sold about…

Elon Musk is trying to wriggle out of his $44 billion deal to buy Twitter. At the heart of his legal argument is a still-unproven claim that Twitter misrepresented its user data, in particular how many of the users it counts are fake or spam. Not only are Musk’s lawyers…

Amber Heard ‘beat up’ a girl she’d drug for being around Elon MuskNew accusations have come to light that brand Amber Heard as an abuser against a woman who would often get drugged by the Aquaman star, and was once even beat up for hanging around Elon Musk. The girl…

Welcome to the July 2022 Citizen Tech, InformationWeek’s monthly policy bulletin. This month we are looking at the triumph of Biden’s semiconductor bill, long held up in the Senate; discussions at the SEC over crypto tokens and securities law; Russia’s one-sided information war; interesting results from a census of European…

Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” the billionaire explained, noting that “inflation is going to drop rapidly.” Elon…