Tesla and SpaceX boss Elon Musk’s net worth has surpassed $400 billion, according to the Bloomberg Billionaires Index, setting a new milestone Wednesday for the world’s richest person, as per a report. The jump in wealth, the business news outlet reported, came after SpaceX and its investors agreed to purchase as much as $1.25 billion … Read more
Ad Astra, a pre-kindergarten Montessori school funded by Elon Musk, has received its initial state permit, allowing the facility to begin operations in Bastrop County, Texas. The Texas Health and Human Services Commission confirmed the licensing on November 14, after an earlier inspection cleared delays in the application process, Fortune reported. A STEM-focused mission Located … Read more
The top US auto-safety regulator is again investigating Tesla Inc.’s Autopilot, this time over whether a fix deployed months ago did enough to stop people from misusing the system. The National Highway Traffic Safety Administration disclosed Friday that it’s opened a query into the Autopilot recall Tesla conducted in December. The agency is concerned as … Read more
Tesla chief Elon Musk will visit India this month to meet Prime Minister Narendra Modi and is expected to make an announcement related to his plans to invest and open a new factory in the country, two sources with direct knowledge said. The billionaire executive will meet Modi in the week of April 22 in … Read more
Mark Zuckerberg sees an “awesome” and unexpected opportunity with Threads. The new app quickly gained 100 million users, although retention has proven more difficult. When the time is right, Zuckerberg is prepared to do what he can to make it successful long term. Something is loading. Thanks for signing up! Access your favorite topics in … Read more
Twitter on Saturday temporarily limited the amount of posts a user can read daily, announced Elon Musk. “To address extreme levels of data scraping & system manipulation, we’ve applied the following temporary limits: Verified accounts are limited to reading 6000 posts/day, Unverified accounts to 600 posts/day, New unverified accounts to 300/day,” Musk said on Twitter. … Read more
The world’s two richest people met for a power lunch in Paris on Friday. Elon Musk and Bernard Arnault, both worth more than $200 billion, dined at the Cheval Blanc hotel. The billionaires were joined by Musk’s mom, Maye, and Arnault’s sons Alexandre and Antoine. “Power lunch” may have a whole new meaning after the … Read more
Elon Musk tweeted that US home values are set to plummet. Selma Hepp, the chief economist at CoreLogic, said that’s not going to happen. The nation’s dearth of housing supply will keep home prices high and prevent a crash. Elon Musk, the world’s richest person and TIME’s 2021 person of the year, has voiced polarizing … Read more
Tesla investor Ross Gerber told Insider why he’s grown more bullish on the stock. Tesla’s move into advertising and the new Twitter CEO bode well for shareholders, he said. “You gotta own Tesla in your portfolio with Elon re-focused,” Gerber said. Ross Gerber has never shied away from giving an honest take on Tesla or … Read more