Tesla cited higher costs related to a slower-than-expected ramp up in output at the new factories, as well as difficulties shipping vehicles
With a $137.4bn fortune, Adani has overtaken France’s Bernard Arnault and now trails just Elon Musk and Jeff Bezos of the US in the ranking
Manchester United won its last Premier League title under legendary coach Alex Ferguson in the 2012-13 season
Musk has now sold around $32bn worth of stock in the electric-car maker in the past 10 months
Twitter filed suit last week, requesting a September 19 start for the non-jury trial
Musk is requesting a February 13, 2023 trial at the earliest
The company hopes to start the non-jury case on September 19
All major groups in the S&P 500 retreated with losses in megacaps like Tesla and Apple weighing heavily on trading
Twitter has said it plans to pursue legal action to enforce the merger agreement
IHC has previously acquired stakes in SpaceX through a private equity fund
Musk has said he wanted to put the takeover “on hold” while he investigated how many of Twitter’s users are real people
Last month, Elon Musk said he wouldn’t proceed with his $44bn takeover unless the social media giant can prove bots make up fewer than 5 per cent of users
Shares of the automaker slumped more than 9 per cent on Friday after news of the job cuts emerged
Optimus, first introduced in August 2021 during Tesla’s inaugural AI Day, is a human-sized robot
The Tesla chief executive is continuing to seek additional financing commitments to fund the $44bn deal
Musk shocked the market last week when he tweeted that his offer to buy Twitter was “temporarily on hold”
Prince Alwaleed, chairman of the board at Kingdom Holding Company, has now agreed to roll over his current investment
The billionaire entrepreneur is taking the 16-year-old company private for $54.20 a share
Elon Musk is lining up partners for the acquisition and continues to speak to potential co-investors
Since making the offer, Musk has been actively posting on his Twitter account in what appears to be a social media campaign
Twitter’s shares fluctuated on Thursday as investors weighed news of the offer
The billionaire said that ‘Twitter has extraordinary potential’
Musk revealed this week that he’s acquired a 9.2 per cent passive stake in Twitter
Panasonic will start mass production of 4680 batteries in the fiscal year starting April 2023
The results pushed Tesla’s total sales for the year to more than 936,000
There’s also the influence Musk wields in crypto markets
By 2040, space exploration is estimated to become a $1 trillion industry
Hertz gets to tap into the growing interest in electric vehicles
Other tokens like Binance Coin, Cardano, XRP and Dogecoin are also rallying
The declines put Bitcoin back in the top end of a $30,000 to $40,000 trading range