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Elon Musk

Elon Musk says Tesla moving headquarters to Texas

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Elon Musk says Tesla moving headquarters to Texas

Tesla chief Elon Musk told investors on Thursday that the leading electric vehicle maker is moving its headquarters from Silicon Valley to Texas, where it is building a plant. “I’m excited to announce that we’re moving our headquarters to Austin, Texas,” Musk said at an annual shareholders meeting. “Just to be clear, though, we will be continuing to expand our activities in California.” Musk … Read more

Popstar Grimes claims she was teasing the media with a photo of Karl Marx

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Grimes

After being caught reading Karl Marx’s The Communist Manifesto just days after she and her fabulously rich, tech tycoon partner Elon Musk broke up, pop sensation Grimes became the talk of the town. The crooner has now spoken out about the Karl Marx photo she shared on Instagram is a publicity gimmick, revealing that she … Read more

Elon Musk expressed support for cryptocurrency, naming it indestructible

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Elon Musk

As worldwide regulators remain to inspect the crypto industry, Elon Musk, CEO of Tesla has stated support for cryptocurrency, naming it indestructible. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” Elon Musk stated at the Code Conference in California. As per the Tesla … Read more

Elon Musk becomes world’s richest man, surpasses Amazon’s Bezos

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Apple vs Fortnite: Elon Musk Says Apple Fees are De Facto Global Tax

RIYADH: A surge in Tesla shares pushed the net worth of Elon Musk to $200 billion to make him the richest person in the world, surpassing Amazon’s Jeff Bezos, Forbes reported. Musk became the third person to ever be worth $200 billion. Shares of Musk’s electric vehicle company Tesla continued a four-month rally, closing up … Read more

Elon Musk and his girlfriend Grimes are ‘semi-separated,’ co-parenting their son

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img

LOS ANGELES: After three years together, Elon Musk and his girlfriend, Canadian musician Grimes, are “semi-separated,” the billionaire CEO of Tesla and SpaceX told Page Six in a piece published on Friday. Musk told the publication that the couple, who started dating in May 2018, are still on good terms and co-parenting their one-year-old son, … Read more

SpaceX all-civilian orbital crew completes historic mission

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SpaceX all-civilian orbital crew completes historic mission

WASHINGTON: Four SpaceX tourists returned to Earth safely on Saturday after spending three days in space, successfully concluding the first orbital mission in history with no professional astronauts on board. The SpaceX Dragon capsule, whose heat shield allowed it to withstand descent, was slowed down by four large parachutes before splashing into the Atlantic Ocean … Read more

Tesla’s robot will make physical work a ‘choice’

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After dominating the electric vehicle market and throwing his hat into the billionaire space race, Tesla boss Elon Musk announced the latest frontier he’s aiming at conquering: humanoid robots, the company said in a statement. The irascible entrepreneur said he would have an initial prototype of an androgynous “Tesla Bot” by next year. Based on … Read more

Busta Rhymes is owning Bitcoin and wants to be paid in it

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Busta Rhymes

Busta Rhymes an American rapper is seeking to get paid in (BTC) bitcoin. He posted a tweet, asking his fans about their favorite coins and which coins are best for investments. He gets lots of suggestions about the coins.

For the rapper, the information is not enough for him and he becomes more curious. After seeing the curiousness of the rapper about BTC, Bitcoin maximalist and Twitter CEO Jack Dorsey pointed the rapper to a website containing a black host, and then Michael Saylor of MicroStrategy drag the attention of the rapper to his own information hub; Bitcoin is Hope.

The rapper posted in which he shows gratitude for the help and constantly posting about cryptocurrency asking more about the crypto market fluctuation, and how cryptocurrencies get their rate.

He became more curious about it that why cryptocurrencies are not taught in the schools so that the children can be more aware of them.

Finally, after researching about crypto, he tweeted that he was sold out on Bitcoin, but this did not stop here, he is now looking to invest in (ETH) Ethereum. After seeing the B-Word conference, which included Jack Dorsey, Elon Musk, and Cathie Wood.

A tweet was posted by Rhymes in which he was researching about accepting payment in BTC. He elaborates that he was thinking about getting paid in BTC for his shows, and also for business dealings.

After watching the B-Word conference he now holds bitcoin. Rhymes posted on Twitter.

Accepting Bitcoin as payment for services is no longer a new thing for celebrities. The transfer of football sensation Lionel Messi to PSG included a portion of the player’s earnings being paid in cryptocurrency.

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Tesla is developing an AI-powered humanoid robot

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Tesla is developing an AI-powered humanoid robot

The Tesla humanoid robot will be programmed to do dangerous and monotonous activities for people. Elon Musk revealed during the automaker’s AI Day event that Tesla is constructing a humanoid robot simply named the Tesla Bot. It’s designed to be nice, as well as sluggish and weak enough so you can outrun and overpower it … Read more

Nearly 400ft Tall, SpaceX’s Starship Stands Taller Than Giza’s Great Pyramid

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SpaceX recently accomplished a new milestone in its Starship launch system. It stands erected on the prototype of its Super Heavy Booster, which comprises of 29 Raptor rocket engines, while the Starship is loaded up with six, itself. The SpaceX’s development site is a next level achievement, the two elements of the system have been … Read more

Tesla Awards $1M to a Former Employee Over Being Called the ‘N-Word’

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An arbitration award worth $1m has been offered to a former Black employee by the electric car manufacturing company, Tesla. The reward was given as a compensation, after the company failed to take strict actions against its employees spreading racism in the work place. Melvin Berry, who was hired as a materials handler in 2015, … Read more

Kevin O’Leary claims that investing in Dogecoin is worse than gambling

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Kevin O'Leary

Investors should be aware of the hazards of investing in a crypto asset with no inherent value, such as Dogecoin, according to Kevin O’Leary.

Investing in a meme coin such as Dogecoin is like betting on red or black at a casino, according to Kevin O’Leary, a well-known investor. In a recent interview, he went even further, claiming that it had no intrinsic worth and should be considered pure speculation.

The meme token, which was created in 2013, grew in popularity in 2021 as a result of regular social media engagements by Elon Musk at first, and afterward from other celebrities. However, as its price soared to an all-time high of $0.75, critics warned that it was nothing more than a speculative bubble that would bust soon.

Kevin O’Leary, a Canadian businessman, and author who is perhaps best known as one of the hosts of the reality TV show Shark Tank appears to embrace the second narrative.

He explained the contrasts between Dogecoin and other blockchain initiatives with intrinsic value, such as Etheruem, Solana, and Bitcoin, to CNBC.

He feels that investing is a significant part of a game of speculation, but that there are other components to it. For example, if people invest their money in stocks, they “speculate that the earnings estimates will be met.”

He said, “When you speculate on something like Dogecoin – that’s no different than going to Las Vegas and putting your money on red or black – it’s a pure speculation.”

He also described it as “entertainment” as DOGE has “no inherent value other than what people want to do as they speculate.” As such, he came to the conclusion that neither he nor his team owns any part of the meme coin.

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Ethereum co-founder, Musk should not see the crypto industry as a joke

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Ethereum

During a recent interview with BNN Bloomberg, Ethereum co-founder Anthony Di Iorio expressed his dissatisfaction with Tesla CEO Elon Musk.

According to Di Iorio, people like Musk have the ability to bring about significant change.

However, he feels that they should concentrate on real issues rather than frivolous ones:

He said, “I’m just really wishing that their energy is going to be focused around educating people, and not having fun with something that’s so important”.

Musk, who owns Ether, has garnered the ire of many in the cryptocurrency community for pushing the joke cryptocurrency Dogecoin and helping to propel its market valuation to a staggering $90 billion in early May.

The billionaire continues to promote the cryptocurrency with regular tweets and memes, but his social media clout hasn’t helped the cryptocurrency climb out of the enormous hole it dug during the latest market correction.

From its high on May 8, the meme coin has dropped more than 72%.

Ethereum co-founder Di Iorio also chastised individuals who use technology to inflate their own tokens.

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Dogecoin 10% up after Elon Musk changed his Twitter profile picture

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dogecoin

After Tesla CEO Elon Musk updated his Twitter profile picture to indicate his support for the meme cryptocurrency, Dogecoin price jumped 9.7% overnight to $0.19.

Musk’s new profile photo is a headshot of him wearing mirrored aviators with a reflection of the Shiba Inu meme, which is the inspiration for Dogecoin.

Musk’s use of “Doge eyes” to show his support for Dogecoin is most likely a reference to Bitcoin’s #LaserRayUntil100k meme, in which users add laser eyes to their social media profile images to show their support. Musk was a part of the excitement for a short time, along with Michael Saylor of MicroStrategy, who has kept the laser eyeballs alive to this day.

According to crypto data aggregator CoinMarketCap, Dogecoin’s overnight price rise ultimately leaves the currency 11 percent less valuable than it was seven days ago.

Elon Musk pumping the price of Doge by 40% in half an hour with one tweet.

Co-creator of Dogecoin Jackson Palmer also launched a broadside beside his former project earlier this week, taking to Twitter to state his opinion that all crypto is “an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight, and artificially enforced scarcity.”

https://twitter.com/ummjackson/status/1415353985406406658?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1415353985406406658%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fdecrypt.co%2F76258%2Fdogecoin-spikes-10-after-elon-musk-updates-twitter-picture-to-doge-eyes

Still, in spite of the roasting vote of no-confidence from one of the most effective software programmers in crypto’s new history, Dogecoin is the only top 20 currency to have experienced a major price movement overnight.

In related news, Musk also updated his followers about his son’s Dogecoin holdings, which he first told the world about back in February.

Apparently, “Lil X is hodling his Doge like a champ. Literally never said the word “sell” even once!”

 

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Virgin Galactic has a ticket to space for Elon Musk.

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Richard Branson, Elon Musk, Space trip

The CEO of SpaceX Elon Musk has a ticket for a trip to space with Virgin Galactic, according to a company representative. Currently, Musk’s position on the wait list is unknown. However, the company claims to have generated $80 million in ticket sales and deposits so far. A single ticket is said to be worth … Read more

Tesla can now be bought for bitcoin, Elon Musk tweeted

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Elon Musk

Tesla customers can now purchase electric vehicles using bitcoin, according to Elon Musk, the company’s CEO.

This is a huge step forward for bitcoin‘s usage in commerce.

“You can now buy a Tesla with bitcoin,” Elon Musk said on Twitter, The option will be available outside of the US later this year, according to the company.

Last month, the electric-car producer said that it had purchased $1.5 billion in bitcoin and would soon accept it as a form of payment for automobiles, marking a significant step toward widespread acceptance that pushed bitcoin to a new high of about $62,000.

After Musk’s tweet, Bitcoin, the world’s most valuable digital currency, jumped more than 4% to US$56,429 at the time of posting.

Musk stated that bitcoin payments to Tesla would not be converted into traditional currency, but he provided some further information about how the payments would be handled. The company was using “internal & open source software,” he said.

Most major companies that accept bitcoin payments, such as AT&T Inc and Microsoft Corp, rely on specialized payment processors to convert bitcoin into, dollars and transmit the money to the company.

Because of its volatility and relatively expensive and slow processing periods, bitcoin, like other cryptocurrencies, is currently infrequently used for commerce in wealthy nations.

Musk, who frequently makes comments about cryptocurrencies on Twitter, criticized conventional money last month, saying that “has a negative real interest, only a fool wouldn’t look elsewhere.”

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Elon Musk expresses support for Britney Spears through a tweet

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Britney Spears

Tesla CEO and billionaire Elon Musk recently came out to express his support for American singer Britney Spears.

Took to his Twitter handle, Elon tweeted ‘Free Britney’.

Musk has not made any other statement regarding the pop star’s conservatorship except this recent tweet.

According to the reports, Britney has been under conservatorship for the past 13 years. It all began when she suffered a public breakdown after her separation from Kevin Federline after which her father Jamie Spears was legally given control over her estate and all aspects of life.

Moreover, a conservatorship is a legal provision created for people who are not equipped to make their own decisions or can be trusted to have autonomy over their lives. On June 23, Spears had appeared virtually before Los Angeles Superior Court judge Brenda Penny and demanded her independence,

During the hearing, she had said, “I just want my life back. I’m not here to be anyone’s slave.”

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China Cracks Down on Bitcoin, Blocking Several Cryptographic Accounts

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Crypto Crash Bitcoin and others price dropped

A swing of cryptographic accounts related accounts on China’s Twitter-like Weibo platform get blocked over a wild and momentous weekend for cryptocurrencies, as admittance to several extensively followed crypto-related accounts was denied, with a message saying each account “violates laws and rules”, reported Private News Agency. A couple of monetary controllers and experts recommend that … Read more

Elon Musk Unseated as the World’s Second Richest Person by Owner of Luxury Conglomerate

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Arnault surpasses Musk

Elon Musk has been knocked off by luxury magnate Bernard Arnault from the second position in the world’s richest men rankings, reported by foreign media. As per Forbes’ real-time billionaires list, Bernard Arnault, CEO of French luxury conglomerate LVMH Mot Hennessy – Louis Vuitton has eclipsed Musk in terms of wealth. Until Tuesday morning, Musk’s … Read more

Tesla addresses security concerns in China “Car Cameras not activated”

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tesla

The world’s largest American car company Tesla has addressed the security concerns in the People’s Republic of China. According to the reports, Tesla stated that the cameras on its electric cars are not activated in any region outside of North America. China’s market is the world’s largest car market and America’s car brand is a … Read more

Tesla shares rise on record electric car sales in first quarter of 2021

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tesla

The world’s largest car selling company Tesla Inc’s shares rose by almost 8 percent in pre-market trading. As per reports, the firm saw great record demands in electric cars in the first quarter of this year. However, the world is suffering from the global chip shortages that are used in these vehicles. The car company … Read more

SpaceX Mars Rocket Prototype Turns Into Ashes On Landing Pad

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SpaceX Mars Rocket Prototype Turns Into Ashes On Landing Pad

Elon Musk’s SpaceX launched another high-altitude flight of Starship which exploded on the landing pad. SpaceX’s starship was the SN10 prototype spacecraft that flew from the US state of Texas and then landed back on Earth. The staff began celebrating the successful landing of the starship. But a few minutes later, it exploded into thousands of … Read more

Bitcoin Reaches New heights With Tesla Support

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The cryptocurrency bitcoin, which has been talked about for a long time, broke a new record last week and its value has crossed  $50,000. In other words, if you look at the Pakistani rupee, the price of a bitcoin has exceeded Rs 8 million. On Sunday, the bitcoin hit a new high, surpassing $58,000. It … Read more

Amazon CEO Jeff Bezos Once Again Becomes The Richest Man Of The World

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Amazon CEO Jeff Bezos Once Again Becomes The Richest Man Of The World

About six weeks later, Jeff Bezos, the founder and chief executive officer (CEO) of technology company Amazon, surpassed Elon Musk, the founder of companies such as Tesla and SpaceX, to become the richest man in the world again. Elon Musk’s wealth plummeted to $1.5 billion on Tuesday, February 16, after Tesla’s shares fell 2.4 per … Read more

Bitcoin “on the verge” of being more broadly accepted, says Elon Musk

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elon musk

The owner of Tesla Elon Musk said that bitcoin was “on the verge” of being more broadly accepted among the investors of the world. As per reports, Elon Musk has expressed his support for the cryptocurrency in a chat on social media app Clubhouse that drew thousands of listeners.  Elon Musk said in his statement … Read more

Bitcoin Soars Above $38,000 After Musk Writes #bitcoin On Twitter

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Bitcoin Soars Above $38,000 After Musk Writes #bitcoin On Twitter

Tesla founder Elon Musk wrote #bitcoin on his Twitter bio with no further explanation, but speculation that the world’s richest man might be a Bitcoin investor. Bitcoin surged above$38,0oo after the Elon Musk’s cryptic move and the prices soared as much as 15% in a couple of minutes, the biggest intraday progress in almost a … Read more

WhatsApp new policy: Signal restored after surge prompts outage

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Signal outage WhatsApp

Signal messaging platform received millions of new users after the recommendation from top businessman Elon Musk. Consequently, the app faced an outage due to a rush of new users. Signal also gained attention from a lot of users after WhatsApp unveiled its new privacy policy. Some users reported messages failing to send on both mobile … Read more

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