Elon Musk Hub

2022-04-19 21:02:01 Tesla has installed a new Megapack in Nevada.

It is a solar power plant of 528,084 solar panels that produce more than 500,000 MWh of energy per year. The Megapack is capable of providing clean energy to 60,000 homes. Open / Comment

2022-04-19 17:02:00 Elon Musk was offered to buy Sri Lankan government debt instead of Twitter

So far, Twitter's board of directors has only planned to carefully consider his proposal, but the head of a large Indian company Snapdeal advised Musk of an alternative investment of such a large sum: he suggested that Elon buy Sri Lanka's foreign debt.

"Elon Musk is bidding to buy Twitter with $43 billion. Country of Sri Lanka is facing debt of $45 billion to survive. There is something fundamentally wrong with the world," said Bahl. Open / Comment

2022-04-19 14:02:01 Elon Musk seeks partners to jointly buy Twitter

Elon Musk is discussing with potential investors the possibility of jointly acquiring Twitter. The billionaire's new plan to buy the social network along with other investors is expected to be announced in the next few days.

Musk is reportedly considering a partnership with investment firm Silver Lake Partners. Open / Comment

2022-04-18 21:50:00 Is Musk considering buying Telegram?

While we ponder whether Twitter's management will accept Musk's offer to buy the social network, other curious rumors have surfaced.

According to anonymous sources, Musk has scheduled a meeting with Durov to discuss selling Telegram.

Such an interesting detail here: during a recent interview on TED Talks, Musk was asked if he had a Plan B in the event that Twitter's management rejected the deal. He answered this question in the affirmative, but refused to disclose the details of the plan. Open / Comment

2022-04-18 17:01:23 SpaceX will launch a new team of astronauts to the ISS

The SpaceX Crew-4 mission received preliminary approval to launch on April 23. The other day, the team successfully passed all the final stages of flight preparation and systems checks.

Crew-4 will replace Crew-3 crew members on the ISS, who plan to return to Earth in late April. Open / Comment

2022-04-18 14:01:24 Musk won't be able to purchase the whole Twitter

The Arabian prince bought a 5.2% stake in the company seven years ago, and immediately reacted to Musk's offer.

According to him, he does not believe that Musk can make Twitter better, as the company is already moving in the right direction at a good pace, and he categorically refused to sell the shares. Open / Comment

2022-04-17 21:01:01 Tesla released an electric car for its employees - Y Standard Range AWD

As of now, the electric crossover is available only for employees of the corporation, the cost of the car is 60 thousand dollars.

The electric car is equipped with new 4680 battery cells, has a four-wheel drive transmission, and minor changes in design. Open / Comment

2022-04-17 17:01:02 Tesla shares plummeted after Musk offered to purchase Twitter

According to analysts, this way Tesla shareholders may have expressed their concern that Twitter could distract Musk from other projects.

If the deal is successful, two problems arise from the point of view of Tesla shareholders. First, Tesla is currently working on the full launch of 2 factories, and Twitter's management could distract Musk from these important matters.

Second, the terms of financing the purchase are unclear. Elon's most liquid assets are his $170 billion worth of TSLA stock, so if he decides to sell some of it in order to buy Twitter, it would have a negative impact on the value of TSLA securities. Open / Comment

2022-04-17 13:01:15 Musk proposed to purchase Twitter

According to the SEC, Musk offered to buy all the shares of Twitter that he did not currently own at $54.20 per share, which is higher than the market price.

Furthermore, Musk added that if this offer were not accepted, he would have to reconsider his position as a shareholder.

Twitter released a statement confirming that they had received the offer. The company said that its board would carefully review it to determine a course of action that is in the best interest of the company and all Twitter shareholders. Open / Comment

2022-04-16 21:01:01 Elon Musk's new business

In his Twitter, he wrote that the price of lithium has reached insane levels. Therefore, Tesla may have to engage in its mining and processing.

There is no shortage of the element itself, as there is lithium almost everywhere on Earth, but the pace of its mining and processing, according to Musk, is rather slow.

Here's how the price per ton of lithium has changed over the past five years:
-2018: $14,660
-2020: $6,800
-2022: $78,032 Open / Comment