He promised he was done selling in August. Another Selloff Months after claiming he was done selling Tesla stock, Tesla CEO Elon Musk has unloaded another $3.95 billion worth of Tesla shares, according to regulatory filings. That means the billionaire CEO has sold around $36 billion worth of Tesla stock in the last twelve months,… Continue reading Elon Musk Is Suddenly Selling Tesla Stock Like Crazy
Category: Automotive
This Graph of New Mastodon Users Per Day Will Flip Your Silly Little Wig
“We can’t keep up with those requests, so we just opened the floodgates.” Twexodus SpaceX and Tesla CEO Elon Musk’s messy takeover of Twitter has triggered an exodus of users looking for a better alternative. Within just 24 hours, more than 135,000 users had joined Mastodon, an open-source microblogging platform with many similarities to Twitter,… Continue reading This Graph of New Mastodon Users Per Day Will Flip Your Silly Little Wig
What the Hell Happened to FTX?
In response, CZ dropped a bombshell on Twitter: Binance would sell off its entire FTT holding. He claimed the intention was to sell “in a way that minimizes market impact,” but the announcement led to a steep drop in the price of FTT (the token has lost almost 90 percent of its value) and a… Continue reading What the Hell Happened to FTX?
Joe Biden says Elon Musk’s ‘relationships’ with other countries should be ‘looked at’
President Joe Biden says that Elon Musk’s dealings with countries outside of the United States are “worthy of being looked at.” Speaking to reporters, Biden didn’t elaborate on if some kind of of investigation was underway, but suggested the Tesla and Twitter CEO deserved further scrutiny. “I think that Elon musk’s cooperation and/or technical relationships… Continue reading Joe Biden says Elon Musk’s ‘relationships’ with other countries should be ‘looked at’
Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid
FTX won’t be rescued by its biggest rival. One day after announcing a proposed deal to buy the cryptocurrency exchange, Binance said it didn’t like what it found in the company’s books. “As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations,… Continue reading Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid
Windows 11’s iCloud Photos integration is now available
If you use an iPhone and a Windows PC, syncing photos is about to get a lot easier. The feature Microsoft announced last month that adds iCloud Photos to the Windows Photos app begins rolling out today. Microsoft says it will be available to all Windows 11 users by the end of November. Previously, if… Continue reading Windows 11’s iCloud Photos integration is now available
Elon Musk tells Twitter advertisers that ‘content is actually improving, not getting worse’
Elon Musk is trying, once again, to sell his vision of Twitter’s future to the company’s advertisers. Musk, who by all accounts has yet to address Twitter’s remaining staff as a group, joined an hour-long “town hall” to take questions from advertisers and share more about his plans for the platform. The company’s advertising business… Continue reading Elon Musk tells Twitter advertisers that ‘content is actually improving, not getting worse’
Kia’s 2023 EV6 will cost $7,100 more than its predecessor
Kia has unveiled pricing for the 2023 EV6, and it’s decidedly more expensive than before — although you might not mind depending on what you were looking for. The new electric crossover starts at $49,795 when you include the $1,295 destination fee, or $7,100 more than the entry 2022 model. You do get more in… Continue reading Kia’s 2023 EV6 will cost $7,100 more than its predecessor
Electric truck maker Rivian warns supply chain problems will persist
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Electric truck maker Rivian warns supply chain problems will persist
Auto sales ‘overshoot’ will make it impossible to prevent the worst effects of climate change
/ Greenpeace Germany released a new report that concludes that automakers are on track to sell 400 million more vehicles than is feasible to keep global temperatures under 1.5°C. Photo credit should read CFOTO/Future Publishing via Getty Images Toyota, Volkswagen, Hyundai, and other major automakers are on track to sell 400 million more diesel and… Continue reading Auto sales ‘overshoot’ will make it impossible to prevent the worst effects of climate change