Tag: tech insider
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Elon Musk would have paid $4.6 billion in 2020 under Warren’s wealth tax proposal, data shows
Tesla and SpaceX CEO would be hit heavily by the tax. PETER PARKS/AFP via Getty Images Musk would have paid $4.6 billion in 2020 under Warren’s “ultra-millionaire” plan, tax groups said. The Tesla and SpaceX CEO was worth at least $150 billion at the end of 2020. Musk plans to use his fortunes to fund…
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Elon Musk says it would be ‘awesome’ if the SEC probes his tweets on Dogecoin
Elon Musk. Britta Pedersen-Pool/Getty Images Tesla CEO Elon Musk said he would welcome an SEC investigation into his tweets on Dogecoin. “I hope they do! It would be awesome,” he tweeted in response to chat about a potential probe.Crypto skeptics have lashed out at blue-tick endorsements of coins such as Dogecoin, fearing gigantic losses. Sign…
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Tesla’s bitcoin investment reportedly made more profit this year than car sales in the whole of 2020
Bitcoin's historical rally has been a source of disagreement. Dado Ruvic/Reuters Tesla revealed in a SEC filing on Feb 8 which it purchased $1.5 billion of bitcoin. If its holding has stayed the same dimensions, it will allegedly have made a $930 million profit. That’s nearly 30% more than the company made from automobile sales…
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See inside Larry Ellison’s Hawaiian island wellness retreat, a $1,200-per-night luxury spa where guests track their health data and learn how to live longer lives
Sensei Retreats in Lanai, Hawaii. Robb Aaron Gordon Oracle billionaire Larry Ellison owns an ultra-luxury wellness retreat in Lanai, Hawaii. Called Sensei Retreat, the spa uses data to track and improve guests’ nutrition, sleep, and fitness. The spa partnered with fitness-tracking firm Whoop to offer a new $1,185-per-night wellness program. Visit the Business section of…
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It’s not just Elon Musk – a Tesla board member may have also helped with the automaker’s massive bitcoin purchase
Yasin Ozturk/Anadolu Agency via Getty Images A Tesla board member with an appetite for cryptocurrency may be behind the company’s bitcoin investment. Antonio Gracias is the director of two cryptocurrency companies through his investment firm. Tesla’s $1.5 billion bitcoin purchase helped the cryptocurrency cruise to record highs. Visit the Business section of Insider for more…
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Elon Musk said the Biden administration rejected his idea of a carbon tax as ‘too politically difficult’
Tesla CEO Elon Musk. Yasin Ozturk/Anadolu Agency via Getty Images Tesla CEO Elon Musk said he suggested a carbon tax to the Biden administration. The idea was rejected as being “too politically difficult,” he said on the Joe Rogan Experience podcast. Musk has advocated a carbon tax since 2015. Visit the Business section of Insider…
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Chevrolet just debuted its cheapest 2 EVs yet as part of its massive electric car push – check out the 2022 Bolt EUV and Bolt EV
2022 Chevrolet Bolt EV and Bolt EUV. Chevrolet Chevrolet on Sunday took the wraps off of two of its lowest-priced EVs yet. The new Bolt EUV crossover will start at $33,995, while the Bolt EV hatchback retails for $31,995. Both vehicles promise a range of at least 250 miles. Visit the Business section of Insider…
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Venture capitalist Balaji Srinivasan reportedly suggested doxxing a journalist who reported on narratives he didn’t like
Balaji Srinivasan speaks onstage during TechCrunch Disrupt SF 2017. Photo by Steve Jennings/Getty Images for TechCrunch Tech investor Balaji Srinivasan reportedly suggested siccing ‘the Dark Enlightenment audience’ on a journalist, the New York Times said. Srinivasan made the comment in a 2013 email to a far-right blogger, the Times reported. Some distrust of the mainstream…
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Elon Musk once again says SpaceX’s Starlink internet service will IPO once its cash flow is more predictable
SpaceX owner and Tesla CEO Elon Musk. REUTERS/Hannibal Hanschke SpaceX’s Starlink internet service will go public once its cash flow is predictable, Elon Musk said Tuesday. SpaceX must endure “a deep chasm of negative cash flow” over the next year to make Starlink financially viable, Musk said. Both Musk and Gwynne Shotwell, SpaceX’s COO, have…
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Amazon’s first electric delivery vans are now making deliveries – see how they were designed
AP Amazon first revealed its electric delivery van in 2020, and they’re making deliveries.The e-commerce giant has purchased 100,000 custom electrical delivery vehicles from electrical car maker Rivian.The transfer to electrical vehicles is a portion of Amazon’s Climate Pledge, intending to have zero net carbon dioxide by 2040. Visit Business Insider’s homepage for additional stories.…