A man who injured himself and three others, including two children, after driving his Tesla off a cliff in California on Monday is now facing multiple charges after authorities said the plunge was intentional. California Highway Patrol in San Francisco on Facebook said Dharmesh A. Patel, of Pasadena, was arrested for attempted murder and child […]
Tag: tesla
Elon Musk wants out of 44 billion Twitter deal
Twitter stock prices nosedived after tech billionaire Elon Musk announced that he intends to break his $44 billion agreement to purchase the social media giant. A letter sent by the Telsa CEO’s legal team to Twitter on Friday, which was filed with the U.S. Securities and Exchange Commission (SEC), said that the agreement was being […]
Musk says Twitter deal is on hold
Elon Musk said he is putting his bid to acquire Twitter (TWTR) on hold, weeks after agreeing to take the company private in a $44 billion deal. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted on Friday.The news initially sent Twitter […]
Elon Musk nearing deal to buy Twitter
Twitter is said to be nearing a deal to sell itself to Elon Musk, according to The New York Times and other outlets, 11 days after the Tesla and SpaceX CEO shocked the industry by offering to buy the company in a deal valuing it at more than $41 billion. A deal could be finalized […]
Elon Musk offers to buy Twitter for 43 billion, will take it private
Tesla CEO Elon Musk offered to buy Twitter in a deal worth more than $43 billion and take the social media company private. Musk’s best and final offer was to pay $54.20 per share for 100% of Twitter, and said that if his offer was not accepted he’d have to reconsider his position as a […]
Elon Musk purchases stake in Twitter after slamming its ‘woke’ approach
Tesla CEO Elon Musk purchased a 9.2% stake in Twitter Inc. according to a Monday filing from the SEC. Twitter’s shares jumped more than 25% in price following Monday’s news. Musk now controls nearly 73.5 million shares of the company, making him the largest shareholder, and individual stocks were priced at $49.81 on Monday morning. […]
Elon Musk To Sell 10% Of Stock Based On Twitter Vote
Elon Musk’s Twitter followers weighed in this weekend on whether the Tesla CEO should sell 10% of his stock in the company. The Twitter poll, which garnered more than 3.5 million votes closed Sunday, with nearly 58% in favor of Musk’s proposition and more than 42% against the idea. Musk said he would abide by the results of the […]
Electric Car Fires Are Nightmare For Firefighters
It’s the kind of blaze that veteran Chief Palmer Buck of The Woodlands Township Fire Department in suburban Houston compared to “a trick birthday candle.” On April 17, when firefighters responded to a 911 call at around 9:30 p.m., they came upon a Tesla Model S that had crashed, killing two people, and was now […]
Home energy storage as well as electric cars to be sold in Tesla shops
Tesla’s recent acquisition of Solar City mean the automaker’s retail stores are about to get a makeover. Tesla is perhaps best known for its electric cars, but the company has another prominent business as well. Its Tesla Energy division markets stationary lithium-ion battery packs for energy storage. Energy-storage systems can increase the utility of home solar arrays, […]
Tesla Unveils Next Step In Green Energy
Hold onto your butts solar aficionados, the next generation solar roof is coming, and it looks good. During a brief event Friday night, Elon Musk presented his plan to integrate solar roofs with Powerwall power packs. But that’s not all. On Saturday Musk expanded on his talk by explaining via Twitter that the new solar […]
Musk’s bad day: Explosion + stock drops by Tesla, SolarCity = $390 million loss
CNBC’s Phil LeBeau reports on problems at Tesla and now SpaceX, after a rocket launch failed in spectacular fashion today. One of his rockets blew up, and he suffered a paper loss of about $390 million as the stock prices of two of his companies sank. Elon Musk was having a horrible day. No one […]