Tesla - Page 5

Author: Buying X/Twitter Has Left Elon Musk Teetering on the Brink of Insanity

Elon Musk’s recent acquisition of Twitter, now rebranded as X, has sparked significant changes, affecting both the social media platform and Musk’s personal and professional reputation. According to Ben Mezrich, author of Breaking Twitter, Musk’s acquisition has caused him numerous problems, in one case leaving Twitter employees on the verge of calling the police to prevent the billionaire from harming himself.

Elon Musk (Win McNamee/Getty Images; BNN)

The High Cost of Going Green: Hertz Blames Profit Miss on Dismal Tesla Resale Value, Sky High Repair Costs

Rental car giant Hertz hit a huge speed bump with its profitability, and its blaming the ill-advised choice to go green with Elon Musk’s electric cars. The company is blaming its recent quarterly profits miss on Tesla’s price cuts and unexpectedly high EV repair costs, which both caused big problems due to Hertz’s decision to build a large fleet of Tesla vehicles.

Elon Musk

SEC Seeks to Force Elon Musk Testimony on Pre-Buyout Twitter Share Purchases

Elon Musk, the billionaire CEO of Tesla, finds himself once again in the crosshairs of the SEC over his Twitter stock purchases before he eventually bought the entire company. The SEC is attempting to force Musk to provide testimony to their investigation, claiming that he has been dodging their attempts to get his side of the story.

Elon Musk (Win McNamee/Getty Images; BNN)