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Tesla has done a stock split twice before, on Aug. 31, 2020, and two years later on Aug. 25, 2022. A stock split would not change the company's market value, instead, it would make the stock more ...
According to the most recent available numbers, which we’ll get to in a bit, Musk and his co-investors have lost more than $25 billion on their Twitter takeover. That’s right. More than ...
Musk settled with the SEC, agreeing to pay a $20 million fine, step down as chairman, and agree to get a lawyer's approval before posting about Tesla. However, Musk continued to post about the ...
Elon Musk, the CEO of Tesla and SpaceX, stated that the argument for the simulation theory is "quite strong". [45] In a podcast with Joe Rogan, Musk said "If you assume any rate of improvement at all, games will eventually be indistinguishable from reality" before concluding "that it's most likely we're in a simulation". [46]
Elon Reeve Musk (/ ˈ iː l ɒ n /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. His other involvements include ownership of X Corp., the company that operates the social media platform X (formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
Political and economic observers might want to familiarize themselves with the wonky concept of 'impoundment.' Donald Trump (and 'first buddy' Elon Musk) could make it front and center in 2025.
Critics have highlighted Tesla's downplaying of issues, and Tesla's alleged retaliation against several whistleblowers. The safety and quality of Tesla cars and services have been questioned. There have been hundreds of reports of sudden unintended acceleration, brake failures, and "whompy wheels" – collapsing wheels due to faulty car suspension.
Though Musk has introduced new ways to raise revenue, such as paid subscriptions, the company today is worth far less than the $44bn Musk paid for it just two years ago. His record at his other ...