Photo: US News
Elon Musk Serious About Building A New Social Media Platform
Tesla CEO Elon Musk is expressing desire to built a new social media platform and said, "giving serious thoughts" Musk's respond on March 26, was response to a Twitter user, who asked if he would consider creating an app, consists of an open-source algorithm and one that will prioritize free-speech. If Musk enters social media race, he would be joining a growing portfolio of technology companies, champions in themselves.
… read-moreTags: Elon Musk, Tesla, Tesla Inc., Twitter, Social Media
Courtesy: The Indian Express
Photo: The Economic Times
India Wants Tesla's Manufacturing Plans Before Reducing Tax On EVs
Following Tesla's request to reduce import duty on electric cars, the Indian government has asked the company to share the details of its manufacturing plans before taking any decision on tax breaks. The government also wants to know Tesla's thoughts on "importing fully built cars or partially built vehicles that help reduce import duty". In July, Tesla requested Indian to reduce the tax to 40% from 60-100%.
Tags: Tesla Inc., Indian government, Priority Plans, Elon Musk
Courtesy: Bloomberg Quint
Photo: Knoxville News
Elon Musk's Tweet On Bitcoin Costs Him $15 Bn, Loses Top Billionaire Spot
Tesla CEO Elon Musk on February 22 slipped again from the wealthiest position after losing $15.2 billion from his wealth. The financial blow took place after Musk's tweet that read prices of Bitcoin and its rival Ether "do seem high", causing a 8.6% dip in Tesla's share. Just two weeks ago, the company had announced to have invested $1.5 billion in Bitcoin for future transactions . Meanwhile, Amazon's Jeff Bezos topped the Bloomberg… read-more
Tags: Elon Musk, Tesla Inc., Cryptocurrency, Bitcoin, Ether
Courtesy: The Economic Times
