Elon Musk Hub

2022-05-13 17:01:11 Matrix headlights demonstration on the Model Y

Enthusiasts have infiltrated Tesla's new Matrix headlight system and have been able to enter their own data, allowing them to use all of their capabilities.

We expect that this year Tesla will activate all the features of such headlights so they can use the adaptive features. Open / Comment

2022-05-13 14:01:18 Tesla and Vale deal

Tesla signed a long-term contract with Brazilian mining company Vale to supply nickel.

It is used in the batteries of electric cars. Earlier, Elon Musk had not excluded the possibility that Tesla itself could engage in mining of another important metal - lithium. Open / Comment

2022-05-12 21:01:00 Musk managed to negotiate with 18 major investors to contribute to Twitter

While trying to reduce his share of invested money, Musk succeeded in raising $7.14 billion from several big investors, like Oracle co-founder Larry Ellison ($1 billion).

But most interestingly, it came from Saudi Arabia's Prince Al-Waleed bin Talal, who flatly refused to sell his stake in the company, but has now agreed to transfer his stake in a revamped private Twitter.

After the purchase of Twitter, Musk will probably be acting CEO of the company for some time, until he finds a suitable person for the position. Open / Comment

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2022-05-12 17:01:08 Musk to put Twitter back on the stock exchange in a few years

At meetings with potential investors, the businessman said that he plans to float the company on the stock exchange again in a few years. A potential IPO could happen three years after the purchase.

Such statements by Musk should convince investors that he will engage in improving the business and profitability of the social network. Such a strategy is quite popular among investment funds. Open / Comment

2022-05-12 14:01:20 Musk seeks to put less personal money into buying Twitter

Musk had previously planned to put his own $21 billion of the total $44 billion into the deal.

Sources added that Apollo Global and Ares Management are among the private equity firms in talks to provide Musk with financing.

One said Musk was also in talks with some of Twitter's major shareholders about the possibility of including their stake in the deal rather than cashing it in. Open / Comment

2022-05-12 11:00:10 American drew sneakers just for fun and posted them in the Adidas metaverse store. They were bought for $30k

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2022-05-11 21:01:01 Elon Musk put BAYC on his avatar

Elon Musk's Twitter avatar has been updated. It now features a selection of NFTs from the BAYC collection. The APE token has responded with a 15% rise.

Is DOGE over? Open / Comment

2022-05-11 17:01:12 The EU warned Elon Musk - censorship must be observed on Twitter

The European Union authorities warned the billionaire that he would have to comply with the laws adopted in the EU. Otherwise, the social network could face fines or even blocking in much of Europe.

According to representatives of the European Commission, Musk is obliged to moderate illegal and malicious content.

"We welcome everyone. We are open, but on our terms," the EU stressed. Open / Comment

2022-05-11 14:01:16 Tesla believes in the potential of digital assets

Tesla stated in its report to the SEC that the company believes in the potential of digital assets not only as an investment, but also as an alternative to cash.

Tesla also said it still holds BTC. Open / Comment