Billionaire Elon Musk had been pitching to buy the company in the past couple of weeks and was putting out polls on the microblogging site asking users different aspects of their experience with it. Twitter said it will become a privately held company after the sale is closed.
Musk, during an interview Thursday at the TED 2022 conference, said he had the funding to take Tesla private in 2018.
The route profile - from motorway to mountain passes, including roadworks - and the weather conditions presented the Vision EQXX with a wide variety of challenges.
Musk's regulatory filings show that he bought a little more than 620,000 shares at USD 36.83 apiece on Jan.31 and then continued to accumulate more shares on nearly every single trading day through April 1.
Among millions of respondents, Twitter CEO Parag Agrawal has also replied to Musk's Tweet saying, "The consequences of this poll will be important. Please vote carefully."
It all started when Elon Musk took to Twitter and wrote, "Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done?"
Musk replied in 10 hours after the minister's plea and assured that the service has been activated as Ukraine went into day 4 of war against Russia.
Elon Musk, 50, is said to be dating Australian actress Natasha Bassett, 27, for some time. Musk has been divorced thrice and has moved on from his relationship with Grimes. Musk has six children from his previous relationships.
GST on electric vehicles has been reduced from 12 per cent to 5 per cent, and on chargers/charging stations for electric vehicles from 18 per cent to 5 per cent.
Drivers could choose between 'Chill,' 'Average,' and 'Assertive' modes, a report released by the US National Highway Traffic Safety Administration stated. The 'assertive' category was accompanied with a warning that the vehicle may 'perform more frequent lane changes, will not exit passing lanes, and may perform rolling stops,' the report added.
The US-based company, which is looking to launch its products in India, had last year sought a reduction in import duties so that his company's high-performance electric cars can begin to sell in India. The heavy industries ministry had asked the electric car major to first start manufacturing its iconic vehicles in India before any tax concessions are considered.
The man took his Tesla, loaded with 30 kilograms of dynamite, at a picturesque snow-covered location. A mannequin with the face of Elon Musk was placed in the driver’s seat before the explosion.
Elon Musk, the founder of rocket company SpaceX and electric car maker Tesla, on Monday, has been named the Time's Person of The Year 2021. Previously the title of 'Person of The Year' was held by US President Joe Biden and Vice President Kamala Harris.
Tesla does not pay Elon Musk a cash salary, but has received huge stock options. “I only have stock, thus the only way for me to pay taxes personally is to sell stock,” Musk tweeted.
Tesla has been on a roll. As of Friday, the shares had gained more than 40 per cent since last month when the company announced a record profit for the third quarter.
With Renault in June, Mercedes-Benz and Stellantis in July, to name a few, 2021 has become the year when mainstream automakers solidified their intent to become "all-electric" and transition further towards electrification.
Some Democrats have been pushing for billionaires to pay taxes when the price of the stocks they hold goes up, even if they don’t sell any shares. It’s a concept called “unrealized gains,” and Musk is sitting on a lot of them with a net worth of roughly $300 bn.
EV maker Tesla is now the fifth-largest public company in America. Its market value has touched USD 1 trillion.
Union minister Nitin Gadkari further said electric cars manufactured by Tata Motors are not less good than electric cars manufactured by Tesla.
Musk noted that cost of housing in the Bay Area has made it tough for many people to become homeowners and that translates into long commutes.
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