German Manager Magazin: Tesla boss Elon Musk sells Tesla shares for 6.9 billion dollars in dispute with Twitter001965

Tesla-Boss Elon Musk has sold shares in the electric car maker worth 6.9 billion dollars. He sold about 7.92 million shares between Aug. 5 and Aug. 9, according to multiple filings. According to calculations by Reuters, he now owns almost 15 percent of the automaker. The funds that Musk raised with the share sale could… Continue reading German Manager Magazin: Tesla boss Elon Musk sells Tesla shares for 6.9 billion dollars in dispute with Twitter001965

@niche: WE’RE NOT THERE YET.002074

Editor’s Note: This week, Peter reminds everyone that the “Grand Transition” to our Electric Future is fraught with peril and that “We’re Not there Yet.” Audi decides to waste a ton of money on yet another Ken Block smoke show, while Guns ‘N Roses also makes an appearance in On The Table with “Paradise City” and our AE Song of the Week. The next chapter of Peter’s much-praised series… Continue reading @niche: WE’RE NOT THERE YET.002074

@niche: Workhorse Group signs contract manufacturing agreement with Silicon Valley firm002076

Motley Fool Why Tesla, Nio, and Lucid All Sank Today Shares of electric-vehicle (EV) stocks were sinking today after a new report showed that Tesla’s (NASDAQ: TSLA) vehicle deliveries in China tumbled 64% in July. Nio (NYSE: NIO) — which is based in China — may be reacting negatively to that news, along with new data… Continue reading @niche: Workhorse Group signs contract manufacturing agreement with Silicon Valley firm002076

Elon Musk sells nearly $7 billion in Tesla shares

Tesla CEO Elon Musk is at it again selling shares of his electric vehicle company, per regulatory filings. Since Friday, the executive has sold 7.9 million shares, which totals about $6.9 billion. This is the first time Musk has sold shares in Tesla since April, when he disposed of 9.6 million shares, worth about $8.5… Continue reading Elon Musk sells nearly $7 billion in Tesla shares

Musk sells Tesla shares worth $6.9b to save up for forced Twitter deal

Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform. “In the (hopefully unlikely) event that Twitter forces this deal to close *and* some… Continue reading Musk sells Tesla shares worth $6.9b to save up for forced Twitter deal

Elon Musk sells massive $6.5 billion chunk of Tesla (TSLA) stake

Tesla has disclosed that CEO Elon Musk sold around $6.5 billion worth of Tesla (TSLA) shares last week. It’s a significant chunk of his Tesla stake, but the reason behind the sale is unknown as of now. A Twitter settlement maybe? Update: Musk has commented on the sale, and we have added those comments to… Continue reading Elon Musk sells massive $6.5 billion chunk of Tesla (TSLA) stake

Cleantechnica: Tesla and Indonesia Agree On Nickel Supply Deal Worth $5 Billion 002169

CNBC Indonesia is reporting that Tesla and the government of Indonesia have come to an agreement for that country to supply nickel worth $5 billion to Tesla over the next 5 years. The deal apparently means that Tesla will not be relying primarily on iron phosphate batteries for its vehicles in the future. Since Google Translate… Continue reading Cleantechnica: Tesla and Indonesia Agree On Nickel Supply Deal Worth $5 Billion 002169

Clean Technica: Elon Musk Shines In The Limelight At Tesla’s 2022 Annual Meeting Of Stockholders002168

After the announced proposal results at Tesla’s 2022 Annual Meeting of Stockholders, CEO Elon Musk took the stage. “Welcome,” he began, but a rousing round of applause forced him to halt his introductory remarks. “I feel welcome,” he smiled, looking around at the adoring masses. Musk’s extemporaneous talk continued to be punctuated by applause from… Continue reading Clean Technica: Elon Musk Shines In The Limelight At Tesla’s 2022 Annual Meeting Of Stockholders002168

Clean Technica: Some Fans Love The Tesla Brand But Question Musk’s “Unfiltered Tweeting”002167

If you look at the Tesla Reddit forum, it’s nearly universal: the Redditors love their Teslas. People who post there talk about the Tesla brand — the Supercharger network, Smart Summons, accessories and apps, the 4680 batteries, adapters, autonomy, and other vehicle-specific topics. Sure, a few commenters speak about the health of the company or… Continue reading Clean Technica: Some Fans Love The Tesla Brand But Question Musk’s “Unfiltered Tweeting”002167