Tag: us news
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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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Tesla ‘Hit And Run Victim’ Arrested After Footage Revealed He Staged The Entire Thing
SlidellPD/Facebook A man has been arrested for pretending to have been involved in a hit and run by a Tesla, after footage filmed by the car’s cameras showed he’d faked the accident. Police in Slidell, Louisiana, said they had been called to a local petrol station by a man who reported having been struck by…
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More Electricity Is Used To Mine Bitcoin Than Is Used To Power Some Countries
PA More electricity is used to mine bitcoin than is used to power some countries, researchers have found. The value of Bitcoin has soared in the last year or so, reaching a record-high of $50,000 this month. According to a tool developed by researchers at Cambridge University, the currency’s energy use is equivalent to the…
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Elon Musk’s Net Worth Falls $15 Billion As Tesla Shares Drop 9% In One Day
PA Elon Musk has slipped back down to the second spot on the world’s richest list after his net worth dropped by $15 billion. Tesla shares fell by 9% yesterday, February 22, marking the company’s biggest one-day drop in value since the end of September. As a result, Musk saw his mighty fortune decrease to…
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Top 1% Of Americans Have Taken $50 Trillion From Bottom 90%
PA Images The coronavirus pandemic was once said to be the ‘great-leveller’, threatening people from all backgrounds equally. But it quickly became apparent that those predictions were way wide of the mark. As millions of people struggle with unemployment and face massive challenges just to keep food on the table and a roof over their…
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Billionaires’ Wealth Rises To $10.2 Trillion Amid Coronavirus Crisis
PA Images Over the span of the coronavirus catastrophe, the planet ’s billionaires have seen their fortunes skyrocket to $10.2 billion. Earlier findings from the Institute for Policy Studies’ Billionaire Bonanza report found that the United States’ 645 weakest people, including Jeff Bezos, Elon Musk, Bill Gates and Mark Zuckerberg, gathered $845 billion because the…
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US Billionaires’ Fortunes Have Increased $845 Billion Since March
PA Images What do Jeff Bezos, Mark Zuckerberg along with Elon Musk have in commmon? They’re in the US, that they ’re billionaires, and they’ve been becoming wealthier. All across the planet, the pandemic has struck the economy with a brutal discount. The UK and New Zealand have entered a recession, and unemployment throughout the…
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Elon Musk Loses Record $16.3 Billion In Just One Day
PA Images Tesla CEO Elon Musk lost a record $16.3 billion in a single day, following the company’s shares plummeted by 21 percent. In just 1 afternoon, $100 billion dropped from Tesla’s economy value – its largest ever fall, coming after what seemed like a triumphant rally of inventory. For Musk, his loss in net…
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Elon Musk Passes Mark Zuckerberg To Become World’s Third-Richest Man
PA Images Tesla CEO Elon Musk has passed Mark Zuckerberg to become the third-richest person in the world. The SpaceX founder has been ascending the globe’s rich list in recent weeks amid Tesla’s relentless rally of shares. Most recently, the company enjoyed a stock split of 5-1 – essentially, one share was divided into five,…
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Elon Musk Is Officially A Centibillionaire
PA Images While people throughout the world grapple with the economic fallout of the pandemic, the world’s wealthiest elite are continued to rake at the coins, as Tesla CEO Elon Musk unites the centbillionaires club. As of Wednesday, August 26, Musk’s wealth officially surpassed $100 billion after shares of the electrical car company jumped. Meanwhile,…