Tesla added “Technoking of Tesla” to billionaire CEO Elon Musk’s list of official titles on Monday in a formal regulatory filing that also named finance chief Zachary Kirkhorn “Master of Coin”.
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Tesla surged nearly 20% on Tuesday, rebounding from a deep selloff with its largest daily gain in a year after data showed an increase in China sales and an analyst raised his rating on the stock.
Shares of Tesla closed lower for a fifth consecutive session on Monday, caught in a tech-led selloff that has wiped more than $277-billion off the company’s market value over the last month.
Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an ailing electric grid that nearly collapsed last month.
A start-up in Iceland is tackling a key piece of the climate change puzzle by turning carbon dioxide into rocks, allowing the greenhouse gas to be stored forever instead of escaping into the atmosphere and trapping heat.
The third time appeared to be the charm for Elon Musk’s Starship rocket – until it wasn’t.
Unless you’re the world’s richest person, you shouldn’t be buying bitcoin. That’s the message from Bill Gates – the third richest.
Tesla’s years-long dominance of electric car sales may soon be over as traditional car makers introduce a slew of new battery-powered models, one of its German rivals said.
Bitcoin fell sharply on Monday after surging to its latest record high a day earlier as a selloff in global equities curbed risk appetite.
Bitcoin is closing in on a market value of $1-trillion, a surge that’s helping cryptocurrency returns far outstrip the performance of more traditional assets like stocks and gold.