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
Tag: Tesla
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
Clean Technica: Invest In Lithium Refining, A “License To Print Money” — Elon Musk002166
Elon Musk had a special message for those involved in Tesla’s Q2 earnings call last month, noting a global need for lithium and other battery materials. While lithium mining is something many companies can do, and a necessary part of the electric vehicle industry’s growth, Musk says lithium refining is tougher — which makes it a perfect market in… Continue reading Clean Technica: Invest In Lithium Refining, A “License To Print Money” — Elon Musk002166
Elon Musk changes plans, sells $6.9 billion in Tesla shares with Twitter trial looming
With so much of the world’s richest man’s wealth tied up in shares of his electric car company, Tesla is a part of the deal Elon doesn’t want to do anymore for more reasons than just a few subpoenas. Six SEC filings (1, 2, 3, 4, 5, 6) revealed Elon Musk sold more Tesla shares… Continue reading Elon Musk changes plans, sells $6.9 billion in Tesla shares with Twitter trial looming
Tesla’s next gigafactory might be in Canada
While onstage at Tesla’s annual shareholder event, CEO Elon Musk hinted that the automaker would choose the location for a new gigafactory by the end of the year. Musk jokingly asked his fans where the company should build, and when a few yelled out “Canada!” Musk replied, “I’m half Canadian. Maybe I should.” It seemed… Continue reading Tesla’s next gigafactory might be in Canada
Ford F-150 Lightning gets price hike, debuts two colors
The 2023 Ford F-150 Lightning, an all-electric pickup truck with a mile-long waiting list, opens its order banks on Thursday to customers who placed a $100 reservation and want to move forward with placing an official order. Lightning prices have spiked $6,000 to $8,500, based on material costs and other factors. If reservation holders want to back out, they… Continue reading Ford F-150 Lightning gets price hike, debuts two colors