Tesla Chief Executive Officer Elon Musk said on Friday the electric automaker could lower prices for cars if inflation calms down. Musk, who has over 100 million followers on Twitter, was replying to a tweet on Friday that asked if the company had any plans to lower prices that it…
Short-seller Hindenburg Research said on Wednesday it had taken a long position in Twitter shares and warned the social media firm’s lawsuit against Elon Musk, the world’s richest man, could pose a threat to his companies. Twitter‘s shares rose about 6 percent to $35.90 (nearly Rs. 2,900) on the news,…
Twitter fired back at Elon Musk on Monday, accusing the world’s richest person of “knowingly” breaching an agreement to buy the social media firm, days after the Tesla chief sought to back out of the $44 billion (roughly Rs. 3,37,465 crore) deal. In a letter sent to Musk, dated Sunday…
Elon Musk told the father of a teenager who died in a Tesla Model S crash that the carmaker made a mistake in removing a speed limiter from the vehicle without the father’s permission, a lawyer for the family said in court. Curtis Miner, the attorney, told a jury Thursday…
Elon Musk and Tesla are welcome to India but the government will not compromise in any way on the policy of Aatmanirbhar Bharat or self-reliant India, Union minister Mahendra Nath Pandey said on Saturday. American electric carmaker Tesla, which has been seeking reduction in import duties to sell its vehicles…
US regulators expanded a probe into Tesla’s “Autopilot” system, moving the investigation closer to a potential recall of a controversial feature in Elon Musk’s electric vehicles. The National Highway Traffic Safety Administration is investigating whether “Autopilot and associated Tesla systems may exacerbate human factors or behavioural safety risks by undermining…
Advocacy groups on Friday launched a campaign to stop Elon Musk from buying Twitter as the proposed purchase cleared review by US antitrust authorities. Twitter said that the deal for Musk to acquire the company was a step closer to being sealed with the passing of a deadline for it…
Twitter said on Friday that the US antitrust waiting period for Elon Musk’s $44 billion (roughly Rs. 3,41,855 crore) acquisition of the social media giant had expired, indicating it had dodged a lengthy review of the proposed deal. With the expiration, completion of the deal is now subject to remaining…
More than 46,000 people reported losing over $1 billion (roughly Rs. 7,770) in cryptocurrency scams since the start of 2021, the Federal Trade Commission (FTC) said in a report on Friday. Nearly half the people who reported losing digital currencies in a scam said it started with an ad, post…
Aerospace firm SpaceX is looking to raise $1.7 billion (roughly Rs. 13,192 crore) in fresh funding, a massive initiative as its controversial founder Elon Musk continues to make news, television channel CNBC reported Sunday. Citing a company-wide email the network said it obtained, CNBC reported the space travel pioneer would…
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