What just happened? Elon Musk and his companies are doubtlessly used to being hit with lawsuits, but this one is probably the largest and perhaps most unusual they’ve had to deal with. Musk, Tesla, and SpaceX are all being sued for $258 billion—not millions—over claims they ran a pyramid scheme to support Dogecoin, a cryptocurrency Musk has often praised on Twitter.
Tesla will reportedly cut about 10% of jobs because its CEO Elon Musk has a ‘super bad feeling’ about the US economy. In a message sent to executives on Thursday, June 2nd, 2022, Musk laid out his concerns and told them to ‘pause all hiring worldwide’. The news follows Musk ordering Tesla staff back to the office saying Work From Home is ‘no longer acceptable’.
Since the first modern electric vehicles (EV) took to the roads in the 2000s, critics have been quick to question the ‘clean’ label attached to them. From manufacturing concerns to battery power, EVs have been under scrutiny from skeptics. With the amount of debate and misinformation troubling the waters, the facts behind the efficiency of electric vehicles have become somewhat clouded – so just how clean are these vehicles?
In a new lawsuit, Twitter shareholders are suing Elon Musk, alleging that he manipulated the price of the company’s stock for his own benefit in the course of agreeing to buy the company. The lawsuit represents a group of Twitter investors but would allow any shareholders to receive financial compensation. The suit was filed on Wednesday night in federal district court for Northern California and argues that Musk intentionally drove down the company’s stock to secure a better deal.
In just the first 130 days of 2022, SpaceX has completed 18 rocket launches and two astronaut splashdowns, setting a new record for the firm and the commercial launch sector.
Tesla vehicle engaged in Auto-Pilot kills a teenager in California when trying to make a turn during rush hour.
According to a statement by the National Highway Traffic Safety Administration (NHTSA), a formal investigation has been opened into 416,000 Tesla vehicles following reports of
Elon Musk told Cointelegraph Sunday that Tesla will soon be accepting bitcoin again for purchases of Teslas. Just as soon, that is, as bitcoin “miners”
Tesla Inc.’s sales in China rose in May after a brief fall, providing a boost to the electric vehicle maker as it seeks to recover
Jeff Bezos the founder of Amazon and Blue Origin will go to space next month on Blue Origin’s first human space flight. This will set
It’s been a long time since we heard that self-driving cars will be the thing of the future. However, we have yet to see self-driving
Elon Musk, probably one of the most talked-about innovators of the decade. Honestly, one must be living under the rock to not have heard about
