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Winter tends to come around this time every year, but don’t tell that to Elon Musk. The Tesla CEO is blaming the onset of colder temperatures for a $1,000 discount off the price tag of his Model Y.
“If Elon thinks paying Trump $45 million a month will somehow stop Trump from destroying the EV tax credit, he's 100% wrong,” Gerber said. “The first thing they'll go after is all of the ...
Elon Musk and Jeff Bezos have reignited their long-running feud after the X owner claimed the Amazon founder advised friends to sell their Tesla shares because Donald Trump was going to lose the ...
That same year, Musk co-founded X.com, a direct bank. X.com merged with Confinity in 2000 to form PayPal. In 2002, Musk acquired United States citizenship, and that October eBay acquired PayPal for $1.5 billion. Using $100 million of the money he made from the sale of PayPal, Musk founded SpaceX, a spaceflight services company, in 2002.
Shares of Tesla sank as much as 8% Friday, nearing their lowest price this month, after Elon Musk opened up to the New York Times about his bid to take the electric-car maker private.
It requires people to have a different relationship with their vehicle that has been largely unchanged for decades," one expert said. Elon Musk just lost $28 billion as Tesla took a beating.
The company’s share price has plummeted 63% from its all-time-high of $409 in November 2021 and its market cap has fallen under the $500 billion mark for the first time in a year.
Read more: Car insurance rates have spiked in the US to a stunning $2,150/year — but you can be smarter than that. Here's how you can save yourself as much as $820 annually in minutes (it's 100% ...