Elon Financial News

26.01 / 08:35

markets Progressive Aware Tesla Election President Experts elon Tesla Vs BYD: Chinese automakers will demolish, says Elon Musk warning of fierce competition

Chinese car companies are making strides with their stable supply chains and competitive pricing, their low brand awareness and perceived reliability, durability, and safety challenges in the United States may hinder their progress in winning U.S. market share, according to industry experts. Musk's comments coincide with the U.S.

26.01 / 01:31

markets COST Reuters Tesla Trade reports Headlines elon Tesla stocks plunge 12%, erasing $80 billion in valuation after Elon Musk warns sales slowdown despite price cuts

Elon Musk hinted slowdown in sales this year despite price cuts that have already hurt margins at the world's most valuable automaker and fueled investor concerns about soft demand and Chinese competition, according to a Reuters report. Tesla's stock suffered its sharpest intraday percentage loss in more than a year, with $80 billion in market value wiped out on January 25. That pushed its market capitalization loss for the month to about $210 billion.

25.01 / 21:19

markets COST Target CEO Remark Tesla Headlines elon Tesla’s stock plunges as Elon Musk warns of slower growth in 2024

Tesla tumbled seven per cent on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts that have already hurt margins and raised investor concerns at the world’s most valuable automaker.

25.01 / 14:09

markets COST CEO Remark Tesla Trade Headlines elon Tesla shares fall 8%, set to erase $50 billion in valuation after CEO Elon Musk warns sales growth

BENGALURU : Tesla tumbled more than 8% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts that have already hurt margins and raised investor concerns at the world's most valuable automaker. Musk said growth would be "notably lower" as Tesla focuses on a cheaper, next-generation electric vehicle to be made at its Texas factory in the second half of 2025, which is expected to spark the next boom in deliveries. But his remarks fell flat with investors, with Tesla set to lose more than $50 billion in market value, if premarket loss hold.

23.01 / 05:45

CEO security Remark Tesla country elon NOT UN Security Council: ‘India not having a permanent seat is...’, says Elon Musk

permanent membership of the United Nations Security Council (UNSC). In a post on X (formerly Twitter), the Tesla CEO wrote, “India not having a permanent seat on the Security Council, despite being the most populous country on Earth, is absurd." “At some point, there needs to be a revision of the UN bodies.

22.01 / 19:01

Dogecoin Doge elon Dogecoin Price Prediction as Elon Musk’s X Payments Boosts Sentiment – Massive Rally Incoming?

The sudden appearance of a new X Payments account on Elon Musk’s social media platform X (formerly Twitter) sent the Dogecoin (DOGE) price vaulting higher over the weekend amid a massive boost to sentiment.

22.01 / 16:23

markets Provident Twitter FIVE Extreme Tesla Research elon Elon Musk expects 1 billion humanoid robots by 2040s

Tesla boss and billionaire entrepreneur Elon Musk has supported the prediction that there will be about one billion humanoid robots on Earth in two decades. He took to X, formerly Twitter, to back the prediction made by David Holz, the founder of Artificial Intelligence (AI) research lab Midjourney. Holz said in a post last week that «we should be expecting a billion humanoid robots on earth in the 2040s and a hundred billion (mostly alien) robots throughout the solar system in the 2060s.» Replying to this, Musk wrote in a post, «Probably something like that, provided the foundations of civilization are stable.»

22.01 / 11:27

Dogecoin Twitter Research community Features Speculation elon Elon Musk’s X Payments Feature Sparks Speculation Among Crypto Enthusiasts

Elon Musk’s “everything app,” known as X, has recently created a dedicated account for its upcoming payments feature, igniting speculation within the crypto community about the possible integration of cryptocurrencies.

21.01 / 03:23

Reuters security Tesla show information reports inequality elon Elon Musk dismisses reports about AI company's $500 million funding as ‘fake news’

told one user the information was "simply not accurate" and called the original Bloomberg report "fake news" in reply to another. Also Read | Elon Musk looking for 25% voting share at Tesla ahead of AI, robotics growth Bloomberg had earlier reported that xAI is in discussions for a valuation ranging between $15-20 billion and that the start-up has purportedly secured $500 million in commitments from investors, aiming for a total of $1 billion. This was rejected as fake news by Musk.

20.01 / 04:49

markets Twitter SEC CEO Software Tesla love elon Lovable Elon pulls a fast one

You have to love the temerity of Elon Musk. He took to one of his companies, X, formerly known as Twitter, to lay out his requirements to the board of another, Tesla, for the new pay package he would like to receive. His last package, in 2018, was worth $55 billion and is still subject to lawsuits by ungrateful shareholders who participated in a windfall none could have anticipated, the company’s market cap rising tenfold in six years.

20.01 / 02:53

Racing Mobile Trade country reports Department International week elon Elon Musk's Starlink likely to get approval for starting space broadband services in India by next week: Reports

Airtel, Jio square off against Elon Musk in India's satellite broadband race "Starlink replied to the Department for Promotion of Industry & Internal Trade, and in next few days or by the end of this month, the Department of Telecommunications (DoT) may issue a Letter of Intent (LoI) to Starlink," ET Telecom quoted a source as saying. Meanwhile, a Moneycontrol report, citing sources, noted that the Department of Telecommunications (DoT) could issue a letter of intent (LoI) to Starlink as early as Wednesday.

20.01 / 02:33

UPS Digital security reports Schools elon Elon Musk's AI company secures $500 million toward $1 billion funding goal: report

Elon Musk's artificial intelligence (AI) company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, Bloomberg News reported on Friday. The artificial intelligence (AI) startup xAI is discussing a valuation of $15 billion to $20 billion, though terms could still change in the coming weeks, the report added, citing people familiar with the matter.

18.01 / 12:09

crypto trader elon Crypto Trader Makes $1 Million in 10 Days Following Elon Musk’s Bio Update

A crypto trader has turned $10,000 into $1 million in just 10 days by investing in Etherum-based TROLL tokens. This happened right after Elon Musk made his X (Twitter) bio read “Chief Troll Officer (CTO)”.

18.01 / 07:25

Binance Platform Action Southern social Courts elon Binance Users Seek to Serve $1B Lawsuit to Ronaldo via Elon Musk’s X

Binance customers are seeking approval from a Florida federal court to serve the world renowned soccer player Cristiano Ronaldo with the $1 billion proposed class action through the social media platform X, formerly Twitter.

17.01 / 20:00

Twitter Digital Platform social electronic Schools Features elon Elon Musk's X approved for Virginia money transmitter license

Social media platform X received approval for a money transmitter license in Virginia, the 17th U.S. state to grant approval, as the Elon Musk-owned company advances efforts toward introducing payment features. The Virginia license allows X to facilitate money transfers electronically as of Tuesday, according to the Nationwide Multistate Licensing System & Registry, an online database.

17.01 / 10:26

Twitter CEO Platform security Tesla social information elon Tesla down following Elon Musk's AI ownership comments

Tesla (NASDAQ:TSLA) CEO Elon Musk revealed on social media platform X (formerly Twitter) that the multi-billionaire is “uncomfortable” with the idea of expanding the automaker's role in artificial intelligence and robotics without first securing a minimum of 25% of voting control of the company, a stake nearly double his current ownership.

16.01 / 13:57

Twitter CEO Platform security Tesla social information elon Tesla down following Elon Musk's AI ownership comments

16.01 / 05:30

UPS CEO Tesla show voice rights elon Elon Musk looking for 25% voting share at Tesla ahead of AI, robotics growth

Tesla. "I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control. Enough to be influential, but not so much that I can’t be overturned.

15.01 / 23:41

Twitter Digital CEO Platform social Features elon Elon Musk's X receives money transmitter license in Utah

(Reuters) — Elon Musk's social media platform X, formerly known as Twitter, on Monday received a money-transmitter license from Utah, the 15th U.S. state to grant approval as the company explores offering payment features.

11.01 / 12:01

Bitcoin mars elon Elon Musk Tips Use of Bitcoin On Mars, Highlights Possible Challenges

Tesla CEO Elon Musk says there’s a possibility cryptocurrencies could be utilized on Mars as he answers questions about what he would use on the planet.

11.01 / 10:15

Blockchain Ethereum Twitter NFTS Bitcoin Features Profiles elon Elon Musk’s X Abandons NFT Profile Pictures, Sidelining Ethereum Integration

X (formerly Twitter), under the ownership of Elon Musk, has discontinued a feature that allowed premium users to use non-fungible token (NFT) images as their profile pictures.

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