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Topic: tesla

Elon Musk sells nearly $7 billion worth of Tesla shares: document

Elon Musk sells nearly $7 billion worth of Tesla shares: document

Agence France-Presse
Posted at Aug 10 01:54 PM

Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal. Read more »

Ford to cut thousands of jobs in transition to electric: US media

Ford to cut thousands of jobs in transition to electric: US media

Agence France-Presse
Posted at Jul 21 03:29 PM

US carmaker Ford is preparing to cut several thousand jobs to reduce costs and intensify its transition to electric vehicles, US media reported on Wednesday. Read more »

Hit by China shutdown, Tesla boosts auto prices and sells bitcoin

Hit by China shutdown, Tesla boosts auto prices and sells bitcoin

John Biers, Agence France-Presse
Posted at Jul 21 08:35 AM

Tesla reported solid quarterly earnings despite a hit from Covid-19 lockdowns in Shanghai that Chief Executive Elon Musk said prompted the company to liquidate most of its bitcoin holdings. Read more »

Twitter's future uncertain as it faces messy breakup with Musk

Twitter's future uncertain as it faces messy breakup with Musk

Julie Jammot, Agence France-Presse
Updated as of Jul 10 02:46 PM

Courted and then jilted by the world's richest person, Twitter looks well positioned to win a court battle with Elon Musk over a $1 billion breakup fee and more -- but the company will not emerge unscathed. Read more »

Tesla deliveries fall with temporary closure of China factory

Tesla deliveries fall with temporary closure of China factory

Agence France-Presse
Posted at Jul 03 08:22 AM

Tesla's deliveries of electric vehicles fell in the second quarter compared to the previous one due mainly to a weeks-long closure of its factory in China, the company said Saturday. Read more »

Lithium price jumps fivefold as demand surges for use in EV batteries

Lithium price jumps fivefold as demand surges for use in EV batteries

Kyodo News
Posted at Jun 05 10:20 AM

The price of lithium, a rare metal used in the manufacturing of rechargeable batteries, has increased fivefold since April last year as demand from automakers surged, according to a recent report by British research firm Argus Media. Read more »

Biden tells critic Elon Musk ‘lots of luck’ on Moon

Biden tells critic Elon Musk ‘lots of luck’ on Moon

Agence France-Presse
Posted at Jun 04 11:17 AM

Musk has made clear he’s no Biden fan and a report Friday said he told Tesla executives he has a ‘super bad feeling’ about the US economy. Read more »

Twitter shareholder lawsuit accuses Musk of 'market manipulation'

Twitter shareholder lawsuit accuses Musk of 'market manipulation'

Agence France-Presse
Posted at May 27 08:25 AM

Elon Musk faces a lawsuit accusing him of pushing down Twitter's stock price in order to either give himself an escape hatch from his $44 billion buyout bid, or room to negotiate a discount. Read more »

Filing says Elon Musk to borrow less in Twitter bid

Filing says Elon Musk to borrow less in Twitter bid

Agence France-Presse
Posted at May 26 09:07 AM

Elon Musk notified US regulators that he will rely less on loans in his bid to buy Twitter, as he and partners put $33.5 billion into the deal. Read more »

Coming soon: 'Puncture-proof’ airless tyres that never go flat

Coming soon: 'Puncture-proof’ airless tyres that never go flat

Taimaz Szirniks, Agence France-Presse
Posted at May 23 08:14 AM

Airless tyres that never go flat or need to be inflated: It's a decades-long dream that manufacturers hope to turn into a reality soon. Read more »

SpaceX aims to raise $1.7 billion: media

SpaceX aims to raise $1.7 billion: media

Agence France-Presse
Posted at May 23 06:46 AM

Aerospace firm SpaceX is looking to raise $1.7 billion in fresh funding, a massive initiative as its controversial founder Elon Musk continues to make news, television channel CNBC reported Sunday. Read more »

Musk offloads $4 bn in Tesla shares after Twitter deal

Musk offloads $4 bn in Tesla shares after Twitter deal

Agence France-Presse
Posted at Apr 29 02:45 PM

Tesla chief Elon Musk sold about $4 billion worth of shares in the electric carmaker in the days after Twitter's board agreed to his $44 billion takeover of the social media platform. Read more »

Musk's Twitter: Users left to fight trolls, false info?

Musk's Twitter: Users left to fight trolls, false info?

Glenn Chapman, Agence France-Presse
Posted at Apr 26 12:06 PM

Elon Musk's vow to let everyone say whatever they want on Twitter giant could put the onus on users to combat bullying and misinformation. Read more »

GM announces it will make electric Corvette

GM announces it will make electric Corvette

Agence France-Presse
Posted at Apr 26 10:14 AM

US carmaker General Motors announced that it is developing an electric version of its Chevrolet Corvette. Read more »

Tesla reports record profits, bullish on 2022 output

Tesla reports record profits, bullish on 2022 output

John Biers, Agence France-Presse
Updated as of Apr 21 08:44 AM

Tesla reported another banner quarter of profit growth Wednesday on pricier vehicles and said its 2022 output plan was on track despite ongoing supply chain problems and a hit from recent Covid-19 lockdown measures in China. Read more »

Elon Musk launches hostile takeover bid for Twitter

Elon Musk launches hostile takeover bid for Twitter

Agence France-Presse
Updated as of Apr 14 09:49 PM

Tesla chief Elon Musk has launched a hostile takeover bid for Twitter, offering to buy 100 percent of its stock and take it private. Read more »

Tesla inaugurates Texas plant with 'Cyber Rodeo'

Tesla inaugurates Texas plant with 'Cyber Rodeo'

Francois Picard with Glenn Chapman, Agence France-Presse
Posted at Apr 08 11:18 AM

Tesla welcomed electric car lovers to a huge Texas party dubbed a 'cyber rodeo' to inaugurate a manufacturing plant the size of 100 soccer fields. Read more »

Elon Musk buys large stake in Twitter, sending stock soaring

Elon Musk buys large stake in Twitter, sending stock soaring

Agence France-Presse
Posted at Apr 04 09:23 PM

Elon Musk has taken a major stake in Twitter, regulatory filings showed Monday, sending its stock soaring and igniting speculation he could seek an active role in its operations. Read more »

Dancing Musk hands drivers first Teslas from new German gigafactory

Dancing Musk hands drivers first Teslas from new German gigafactory

Victoria Waldersee and Nadine Schimroszik, Reuters
Posted at Mar 23 08:30 AM

Elon Musk was cheered as he oversaw the handover of Tesla's first German-made cars at its Gruenheide plant on Tuesday, marking the start of the US automaker's inaugural European hub just two years after it was first announced. Read more »

Musk donated over $5.7-B in Tesla shares to charity

Musk donated over $5.7-B in Tesla shares to charity

Hyunjoo Jin, Reuters
Posted at Feb 15 12:49 PM

Analysts have said there would be a tax benefit for Musk potentially gifting Tesla stock as shares that are donated to charity are not subject to capital gains tax. Read more »

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