Elon Musk says he “does not respect” the US Securities and Exchange Commission as he defended his behaviour on Twitter.
An estimated $6-trillion is theoretically needed to build the infrastructure that electric cars need such as charging stations and power networks. That’s about 7.5% of the world’s GDP.
Tesla CEO Elon Musk has said the $20-million penalty he was given for announcing on Twitter that he had funding to take the electric vehicle maker private was “worth it”.
Oracle founder Larry Ellison is a big believer in Tesla and defender of his friend Elon Musk.
Profit secured! Tesla blew away expectations with just the third quarter of positive earnings in its history, bolstering Elon Musk’s bid to make selling electric cars a financially sustainable business.
One hundred and forty-three days. That’s how much time Elon Musk has till the big bills start coming due in the debt market.