SEC Flags Musk’s Tweets on Abuse of Court-Ordered Policy
The SEC informed Tesla that CEO Elon Musk’s tweets breached a court decree policy on two occasions in 2020, according to the Wall Street Journal. The decree mandated Musk’s tweets…
Musk is Misguided on Environmental Impacts of Bitcoin Mining-Ark Invest Analyst
Ark Invest has termed Elon Musk’s environmental concerns about bitcoin mining as “misguided,” according to the Markets Insider. Analyst Yassine Elmandjra says bitcoin can enhance green-energy revolution and contribute positively…
Elon Musk Sends Bitcoin to a 3-Month Low with Latest Comment
Bitcoin plunged to the lowest since February after Tesla CEO Elon Musk said the company may sell its crypto holdings. The world’s largest crypto currency traded at $45,270 as of…
Musk Suspends Car Purchases using Bitcoin on Environment Concerns
The market value of cryptocurrencies dropped from $2.43 trillion to about $2.06 trillion after Tesla’s Elon Musk suspended car purchases using bitcoin, CNBC reports. Musk cited environmental issues in bitcoin…
Musk’s Tweet Reveals Why Tesla Sold 10% Worth of Bitcoin
Tesla wanted to show bitcoin’s liquidity and its qualities as a substitute to cash by disposing 10% of the crypto value, reports Bloomberg. Through a tweet, CEO Elon Musk said…
Elon Musk’s SpaceX is Considering a Starlink Factory in Texas
SpaceX’s Elon Musk is planning to build a new factory in Texas for the Starlink satellite network service, according to the company’s report. The factory will manufacture consumer-facing devices, including…
Elon Musk Used a Wireless Implant to Enable a Monkey to Play Video Games
Elon Musk has claimed that one of his startups has a monkey with wire implants into its brain to enable it to play video games, reports Bloomberg. The Tesla CEO…