Elon Musk

Bitcoin moved below USD 23,000 again.Ethereum is back below USD 1,500, XRP is struggling near USD 0.35.SOL and MATIC are down over 10%.After spiking above the USD 24,000 level, bitcoin increased its volatility as Tesla said it sold 75% of its BTC holdings, or USD 936m worth of bitcoin, in…

Even as Tesla Inc.’s “technoking,” Elon Musk, said the electric-vehicle maker’s current sticker prices are at “embarrassing levels,” the company on Wednesday reported its lowest automotive gross margins in more than a year amid decades-high inflation, putting Musk in a difficult situation. Musk has made offering electric vehicles at lower…

Tesla’s interest in bitcoin has been decried as a distraction and a side show for the electric car company. But when a widespread covid lockdown in China forced Tesla to shutter its Shanghai factory for 22 days in April, it became a lifeline. The shutdown’s impact on Tesla’s business was severe…

Twitter Inc will get an October trial in its legal fight to hold Telsa CEO Elon Musk to his $44 billion takeover, after a Delaware judge said on Tuesday the social media company deserved a quick resolution of the deal's uncertainty. The ruling is a blow to Musk, who pushed…

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Twitter recorded the first win in its legal battle with Elon Musk. The two parties are headed to court in Delaware over their $44 billion deal to sell the social media company to Musk, the billionaire CEO of Tesla and SpaceX. Delaware chancellor Kathaleen St. Jude McCormick ruled on today…

Twitter pushed for a fast-tracked trial, saying Elon Musk’s effort to terminate $44bn deal to buy the company hurt its value. Published On 19 Jul 202219 Jul 2022 A judge in the United States has set an October trial date for the looming legal battle between Twitter and Elon Musk,…

According to a source close to the ongoing legal battle between Tesla CEO Elon Musk and Twitter, the tech billionaire plans to file a countersuit against Twitter in the coming days. The New York Post reports that a source close to the ongoing lawsuit between Elon Musk and Twitter alleges that Musk…

Elon Musk activates SpaceX Starlink service over Ukraine Sign up HERE for science breakthroughs in health, business and more that matter Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd…

Elon Musk’s pursuit of Twitter was a melodrama from the beginning — a volatile courtship between a mercurial billionaire and an influential social media platform. That relationship — a love-hate affair from both sides — is now set for an acrimonious court battle. The courtship It all began with an…