Tesla has suspended vehicle purchases using Bitcoin, Chief Executive Elon Musk said on Twitter. The cryptocurrency lost about 5% in value minutes after the tweet. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel, Cryptocurrency is a good idea… Continue reading Tesla Suspends Purchases With Bitcoin
Tag: Elon Musk
Musk Plays Doctor, Cowboy, and Crypto Expert on SNL
Tesla and SpaceX Chief Executive Elon Musk made his Saturday Night Live debut, showing his comedic acting chops in several sketches. Musk played a doctor in a sketch about spoofing Gen Z slang in a medical soap opera setting. In a scene about an Icelandic influencer’s television show, Musk played a producer who professes his… Continue reading Musk Plays Doctor, Cowboy, and Crypto Expert on SNL
Musk Says He’s the ‘Wild Card’ on This Week’s Saturday Night Live
Elon Musk is set to host Saturday Night Live tomorrow alongside musical guest Miley Cyrus. “Hi, I’m Elon Musk, and I’m hosting SNL this week with musical guest Miley Cyrus. And I’m a wild card, so there’s no telling what I would do,” Musk said in a promo for the episode. In another, Cyrus asked Musk what… Continue reading Musk Says He’s the ‘Wild Card’ on This Week’s Saturday Night Live
Tesla Banks $101M Profit from Bitcoin
Tesla’s bet on Bitcoin has already delivered a $101 million profit, the company said in its Q1 report. Tesla revealed in February that it had bought $1.5 billion in Bitcoin. In a Securities and Exchange Commission filing, Tesla said it bought the bitcoin for “more flexibility to further diversify and maximize returns on our cash.” The… Continue reading Tesla Banks $101M Profit from Bitcoin
Elon Musk to Host Saturday Night Live
Live from New York it’s…Elon Musk! The Tesla and SpaceX Chief Executive will host NBC’s “Saturday Night Live” on May 8th alongside musical guest Miley Cyrus. “Let’s find out just how live Saturday Night Live really is,” Musk tweeted after announcing his appearance. Musk is a comedy fan. His Twitter feed is often sarcastic and… Continue reading Elon Musk to Host Saturday Night Live
Cybertruck Makes Appearance at Giga Texas
Tesla Chief Executive Elon Musk showed off the highly-anticipated Cybertruck Thursday to employees at the Texas factory where it’s slated to be built. He even got a little mud on the tires. Photos of the hulking raw-metal truck with its unique angular body-styling were shared across various social media platforms. The truck on display appeared… Continue reading Cybertruck Makes Appearance at Giga Texas
SpaceX Raises $1B in New Funding
SpaceX has raised a new $1.16 billion funding round, according to a regulatory filing. SpaceX held a second close of about $314 million, adding to $850 million raised in February, according to a report from CNBC. The new injection brings the equity raise to $1.16 billion, bringing the valuation to $74 billion. SpaceX has been… Continue reading SpaceX Raises $1B in New Funding
Musk Says Tesla is Working on ‘Grief’ from Collision Repair
Tesla owners with the misfortune of getting into a fender bender have also had the misfortune of repairing a Tesla. Collision repairs have been notoriously frustrating for both body shops and owners. Tesla Chief Executive Elon Musk said on Twitter this week that the automaker is ramping up its collision repair capabilities. He also said… Continue reading Musk Says Tesla is Working on ‘Grief’ from Collision Repair
Musk Teases 50’s-Themed Santa Monica Supercharger Station
A Supercharger station with 50’s diner is coming to Santa Monica, Calif., Tesla Chief Executive Elon Musk said on Twitter. Replying to a tweet showing a line of Tesla vehicles waiting to charge, Musk said a “major new Supercharger station coming to Santa Monica soon!” Tesla previously proposed a station in Santa Monica that would… Continue reading Musk Teases 50’s-Themed Santa Monica Supercharger Station
Elon Musk Has a New Title: Technoking of Tesla
A recent regulatory filing says Tesla founder Elon Musk has traded the “Chief Executive” title for “Technoking of Tesla.” Additionally, Tesla’s chief financial officer Zachary Kirkhorn is listed as the “Master of Coin,” possibly a nod to the company’s recent $1.5 billion investment in Bitcoin. The filing addresses the name change: “Effective as of March… Continue reading Elon Musk Has a New Title: Technoking of Tesla