Category

Elon Musk

Musk says high production, breakeven cash flow ‘true test’ for Rivian Elon Musk

Musk says high production, breakeven cash flow ‘true test’ for Rivian

A Rivian R1T pickup, the Amazon-backed electric vehicle (EV) maker, is driven outside the Nasdaq Market site during the company’s IPO in Times Square in New York City, U.S., November 10, 2021. REUTERS/Brendan McDermid Register now for FREE unlimited access to reuters.comNov 11 (Reuters) - Tesla Inc (TSLA.O) boss Elon…
bubmag
November 12, 2021
Tesla shares gain after CEO Elon Musk sheds $5-billion in equity Elon Musk

Tesla shares gain after CEO Elon Musk sheds $5-billion in equity

A Tesla dealership in London, on May 14.MATTHEW CHILDS/Reuters Tesla Inc.’s stock declined slightly on Thursday after filings revealed Chief Executive Elon Musk sold about US$5-billion worth of his shares this week following his much-hyped Twitter poll. The electric-car maker’s stock ended the session down 0.4 per cent at $1,063.51…
bubmag
November 11, 2021
Elon Musk’s Net Worth Takes $50 Billion Hit in Two Days After CEO Contemplates Selling Off 10 Percent of Company Stock Elon Musk

Elon Musk’s Net Worth Takes $50 Billion Hit in Two Days After CEO Contemplates Selling Off 10 Percent of Company Stock

This story originally appeared on The Epoch Times Elon Musk’s net worth has plunged $50 billion in just two days after the Tesla CEO asked his Twitter followers whether he should sell 10 percent of his stake in the company, Bloomberg reports. Musk, the world’s richest person, took to the social…
bubmag
November 10, 2021