Tesla’s retail fans undeterred by delivery miss, recession fears

Even a disappointing quarterly delivery report from Tesla Inc. and the threat of a recession cannot keep the electric-vehicle maker’s loyal retail investors from flocking to the company. After its third-quarter vehicle deliveries failed to meet analysts’ estimates, Tesla’s shares tumbled on Monday, closing down 8.6%. Still, that did not deter mom-and-pop investors and day… Continue reading Tesla’s retail fans undeterred by delivery miss, recession fears

Elon Musk is buying Twitter again — what does that mean for Tesla?

/ The electric car company has been well insulated from Musk’s extracurricular activities, but that will be tested by the fickle billionaire’s imminent ownership of a platform like Twitter — if the deal goes through What will happen to Tesla if Elon Musk owns Twitter? Probably near-term stock volatility and long-term foreign influence campaigns.Photo by… Continue reading Elon Musk is buying Twitter again — what does that mean for Tesla?

Mobileye IPO warns of potential potholes in the road to autonomous driving

Mobileye, Intel’s automated driving division, filed Friday for what is expected to be the year’s largest IPO, but its success is far from guaranteed. The Israeli company, acquired by Intel five years ago for $15.3 billion, touts a broad vision: An autonomous future “where congestion is seen only in history books.” But its S-1 filing… Continue reading Mobileye IPO warns of potential potholes in the road to autonomous driving

Elon Musk says buying Twitter will help create X, the everything app

Image: Nick_ Raille_07/Shutterstock.com Elon Musk has renewed his offer to purchase Twitter for $54.20 a share. The Tesla and SpaceX CEO extended the offer in a letter filed with the US Securities and Exchange Commission.  The renewed offer is the latest twist in a continued saga involving the outspoken, eccentric billionaire and the social media… Continue reading Elon Musk says buying Twitter will help create X, the everything app

German Manager Magazin: Twitter: Why Elon Musk capitulates with reference to an app for everything002059

U-turn in the dispute Twitter: Tech billionaire Elon Musk wants the intelligence service after months of resistance now take over at the agreed price of 44 billion dollars. Musk has been trying to get out of the deal he initiated for months, but Twitter wouldn’t let him go, citing their purchase agreement. The Tesla boss… Continue reading German Manager Magazin: Twitter: Why Elon Musk capitulates with reference to an app for everything002059

German Manager Magazin: Twitter: Elon Musk apparently wants to take over the short message service after all002058

US billionaire Elon Musk (51) wants the online service after a month-long stalemate Twitter buy now. In a letter to Twitter published by the US Securities and Exchange Commission on Tuesday, his lawyer wrote that the acquisition should be completed on the terms agreed in April. The head of the electric car manufacturer demands as… Continue reading German Manager Magazin: Twitter: Elon Musk apparently wants to take over the short message service after all002058

Tesla ditches ultrasonic sensors from new cars as it bets on camera-only driver assistance

/ Cars shipping without the sensors won’t have access to features like Park Assistant and Summon temporarily. The changes will initially affect the Model Y (pictured) and the Model 3Mark Leong for The Washington Post via Getty Images Tesla has announced it’s phasing out its cars’ use of ultrasonic sensors (USS) to sense objects in… Continue reading Tesla ditches ultrasonic sensors from new cars as it bets on camera-only driver assistance

Icahn stocked up Twitter stake worth over $500m, books a neat profit after Musk U-TurnThe estimated profit for Icahn Enterprises LP could exceed $250m

Activist investor Carl Icahn amassed a Twitter stake worth more than $500 million in the past few months and made a sizable profit on Tuesday after Elon Musk proposed to go ahead with his takeover of the social media platform, the Wall Street Journal reported. Twitter shares jumped more than 22% to end at $52.00 on Tuesday after a securities filing showed Musk intends… Continue reading Icahn stocked up Twitter stake worth over $500m, books a neat profit after Musk U-TurnThe estimated profit for Icahn Enterprises LP could exceed $250m

In yet another U-turn, Musk willing to buy Twitter

Billionaire Elon Musk is proposing to proceed with his original $44-billion bid to take Twitter Inc private, security filings showed on Tuesday, calling for an end to a lawsuit by the social media company that could have forced him to pay up, whether he wanted to or not. An agreement would put the world’s richest person in charge of… Continue reading In yet another U-turn, Musk willing to buy Twitter

Musk plans to go ahead with original price of $54.20 a share for Twitter

Billionaire Elon Musk is proposing to go ahead with his original offer of $54.20 to take Twitter Inc private, Bloomberg News reported on Tuesday, sending the shares of the social media firm surging. Twitter shares jumped 12.7% at $47.93 before trading was halted for the second time, while Tesla Inc, the electric vehicle company that… Continue reading Musk plans to go ahead with original price of $54.20 a share for Twitter