Tesla Inc Chief Executive Elon Musk is on the cusp of a roughly $750 million payday as the electric carmaker’s stock recovers from a slump caused by the coronavirus, which led the company to close its factories and furlough workers. Shares of Tesla surged 10% on Monday ahead of the company’s quarterly report this week, […]
BiPAP machines were recently allowed by the FDA as a substitute for ventilators, but some medical experts warn they could spread the coronavirus.
(Bloomberg) — Elon Musk, the chief executive officer of Tesla Inc. and an outspoken skeptic of the severity of the coronavirus outbreak, donated more than 1,000 ventilators to officials in Los Angeles to meet demand as the pandemic becomes more severe.The billionaire said in a tweet he helped acquire 1,255 of the machines from China […]
(Bloomberg) — Tesla Inc.’s factory and other California operations will remain open in the midst of a San Francisco Bay Area lockdown, with Elon Musk telling employees he will keep going in to work despite the spread of the coronavirus.“I’d like to be super clear that if you feel the slightest bit ill or even […]
"I'd like to be super clear that if you feel the slightest bit ill or even uncomfortable, please do not feel obligated to come to work," Musk said.
Tesla CEO Elon Musk tweeted Friday about the coronavirus outbreak, calling panic towards the virus ‘dumb.’ The Final Round panel discusses the latest.
The feud began when Gates (right) told YouTube influencer of the challenges of reducing carbon emissions in the auto industry. Musk (left) retaliated branding Gates’ underwhelming’.
(Bloomberg) — Tesla Inc. is selling about $2 billion of common stock, taking advantage of its surging shares just two weeks after Elon Musk said raising capital didn’t make sense.Assuming underwriters exercise their option to purchase additional securities, the offering could bring in about $2.3 billion in proceeds, Tesla said in a statement. That will […]
Ford has shaken up its top brass. Tesla is still the better investment, one strategist explains to Yahoo Finance.