Aerospace firm SpaceX is planning to raise $1.7 billion (about Rs 13,192 crore) in fresh funding, television channel CNBC reported on Sunday, a major initiative as its controversial founder Elon Musk continues to make news. Citing a company-wide email the network said it received, CNBC reported that the space travel pioneer will pay $70 (about…
Tesla is looking to create a litigation department to initiate and execute lawsuits. (file) SpaceX and Tesla CEO Elon Musk recently posted a job ad on Twitter and internet users couldn’t help but troll the billionaire. A day after reports surfaced of sexual assault allegations against Elon Musk – which he described as “completely untrue”…
Brazilian President Jair Bolsonaro called Elon Musk’s proposed takeover on Twitter a “breath of hope” as the two met in Brazil on Friday, expressing hope that the US billionaire will speak about his widely criticized stewardship of the Amazon rainforest. I will help put an end to the “lies”. Bolsonaro and Musk, CEO of electric…
Elon Musk-Twitter Deal: Elon Musk acquired Twitter on 25 April 2022 for $44 million. San Francisco: Tesla CEO Elon Musk said Thursday that “Tesla is on my mind 24/7,” in an effort to placate investors who were concerned about his Twitter deal affecting shares of his Tesla car company. . Sharing a meme on his…
Billionaire Elon Musk denounced as “completely untrue” claims in a news report on Twitter late Thursday that he sexually assaulted a flight attendant on a private jet in 2016. Business Insider reported earlier on Thursday that Musk’s SpaceX paid $250,000 (about Rs 2 crore) in 2018 to settle a sexual assault claim from an unnamed…
Twitter is ramping up its fight against misinformation with a new policy to crack down on posts that spread potentially dangerous false stories. The change is part of a broader effort to promote accurate information in times of conflict or crisis. Beginning Thursday, the platform will not automatically recommend or emphasize posts that make misleading…
Tesla opened its new car factory in Texas this year (File) San Francisco: Tesla CEO Elon Musk said Thursday that “Tesla is on my mind 24/7,” trying to assuage investor concerns about being distracted by a Twitter deal that saw the electric car company’s shares plummet. I have come Posting a photo showing a woman…
An S&P Dow Jones Index executive told Reuters on Wednesday that it has removed electric car maker Tesla from the widely-followed S&P 500 ESG index because of issues including racial discrimination and claims of accidents involving its Autopilot vehicles. Because of that, and Tesla CEO Elon Musk responded with a stern tweet. That “ESG is…
Only two of the world’s 12 top automakers plan to build enough electric vehicles by 2030 to keep pace with the climate goals of the Paris Agreement, experts said on Wednesday. Globally, more than half of all new vehicles coming off production lines in 2029 will need to be electric, according to Influence Map, a…