Tag: elon musk
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Elon Musk slams Tesla critic Michael Burry as a ‘broken clock’ — as the ‘The Big Short’ investor deletes Twitter again
Michael Burry (left) has criticized Elon Musk (right) in recent days. Jim Spellman; Pool / Getty Images Tesla CEO Elon Musk has hit back at Michael Burry, calling "The Big Short" investor a "broken clock." Burry has now deleted his Twitter again – but had strongly criticized Musk and the electric-car maker in recent days.…
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NTSB dismisses Tesla Model 3 accident probe from 2020
The United States National Transportation Safety Board (NTSB) has ditched an investigation into a fatal Tesla crash that occurred in California in 2020. In 2020, a Tesla Model 3 driving in Saratoga, California, crashed and killed a 75-year-old driver and his wife. The vehicle struck a minivan and then exited the highway it was traveling…
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Elon Musk wants to know how his $15 billion in taxes will be used by the US gov’t
Tesla CEO Elon Musk wants to know how his $15 billion in taxes will be used by the US government. The sentiment was recently shared on Twitter following a weekend that saw Musk responding to US Senator Bernie Sanders on the social media platform, resulting in much controversy and criticism from the longtime politician’s supporters. …
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Tesla (TSLA) bull Cathie Wood of ARK Invest still confident in $3k price target
Tesla bull and CEO of ARK Invest Cathie Wood remains confident in her investment firm’s $3,000 price target for TSLA stock in the next five years, despite the recent “blip” in the company’s stock. “Of course, the momentum players turned tail as soon as the stock reacted to that news and followed it down. For…
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Elon Musk’s Tesla stock sales are designed for maximum taxation
The past week has seen Elon Musk offload his Tesla shares in a steady stream, resulting in some of the company’s supporters wondering why the CEO appears to be bleeding out his sales of TSLA stock over a period of time. As explained by Musk recently on Twitter, however, his low basis share sale rate…
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Elon Musk just sold $1.1 billion in Tesla stock, but the move was planned weeks before asking his Twitter followers whether he should sell 10% of his shares
Yichuan Cao/NurPhoto via Getty Images Elon Musk exercised 2.2 million Tesla stock options Monday before selling 934,000 shares. Musk recently asked Twitter whether he should sell 10% of his shares, and his followers said yes. But Musk's plan had been in place weeks earlier, and he offloaded less than 1% of his Tesla holdings. Tesla…
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Elon Musk Crudely Responds To Senator Over Tesla Stock Poll
Alamy Elon Musk has made a crude joke about a Senator’s sex life in response to criticism over his Tesla stock Twitter poll. On Saturday, November 6, Musk asked his 62.5 million followers to vote on whether he should sell 10% of his Tesla stock; a sale that he suggested was the only way for…
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Teslas are worth longer term auto loans, study finds
Car buyers who ultimately end up purchasing Tesla electric vehicles end up having the longest average auto term loans, a new study from LendingTree says. LendingTree surveyed over 29,000 auto loans spanning over three years to conclude that Tesla drivers are applying and receiving the longest term loans. On average, Tesla drivers have an auto…
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Elon Musk Asks Followers If He Should Sell $21bn Tesla Stock
Alamy Elon Musk has proposed the sale of 10% of his Tesla stock, taking to Twitter to let his 62.5 million followers decide. Musk’s proposition follows a ‘Billionaires’ Tax’ proposed by Democrats in the US senate. The tax would help pay for US President Joe Biden’s social and climate change plan. The Tesla CEO, who…
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Why new EV incentives are the nail in the coffin for ICE manufacturers
The newly-revised electric vehicle incentive program, which is a part of President Biden’s Build Back Better plan, could officially spell the end of the combustion engine era in the American automotive industry. The new EV tax credit breakdown could award as much as $12,500 for an EV purchase, but that’s not the best part. As…