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Tesla criticised in United States for opening showroom in China’s controversial Xinjiang region

Electric car maker Tesla has been criticised in the US after opening a showroom in China’s controversial Xinjiang region. The company, headed by billionaire Elon Musk, opened the showroom in the city of Urumqi on New Year’s Eve. However, the move has been welcomed by some in China. China has been accused of slavery and […]

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Insane

Elon Musk rejects claims that his Starlink satellites are taking too much space

Elon Musk has rejected claims that his Starlink satellite internet project is taking up too much room in space. “Tens of billions” of satellites can be accommodated in orbits close to Earth, he told the Financial Times. His comments come after a claim by the head of the European Space Agency (ESA) that Mr Musk […]

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Insane World

Tesla to disable gaming on touchscreen while the car is in motion

Tesla has agreed to make changes to its Passenger Play feature that allows games to be played on its touchscreen while the car is in motion. It follows an investigation launched by the US National Highway Traffic Safety Administration (NHTSA). The agency said it had been informed by Tesla that a software update would disable […]

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Insane Social Media Reactions

Elon Musk claims he is ‘almost done’ selling Tesla stock

Tesla Chief Executive Officer Elon Musk, who has sold more than $15 billion worth of shares in the company since early November, said on Wednesday that he was “almost done” with his stock sales. The billionaire had made confusing statements as to whether he might or might not be done with his stated goal of […]

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Insane Social Media Reactions

Finland: Man blows up his Model S with a doll of Elon Musk sitting inside

A man from Finland has just blown up his Model S with a doll of Elon Musk sitting inside. Tesla owner Tuomas Katainen decided to record himself blowing up his Tesla Model S, and while the internet always loves an entertaining explosion, Katainen’s goal was to protest his disgust with the quality of his car […]

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Insane

Elon Musk: The world’s richest person to pay $11 billion in taxes this year

Elon Musk, the world’s richest person, has tweeted he will pay $11 billion in tax for this year. Mr Musk has been embroiled in a public debate on social media over how much tax he pays. Earlier this week, Democratic Senator Elizabeth Warren tweeted that Mr Musk should stop “freeloading off everyone else”. “For those […]

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Insane Social Media Reactions World

Elon Musk named Time magazine’s “Person of the Year” for 2021

Tesla Chief Executive Officer Elon Musk was named Time magazine’s “Person of the Year” for 2021, a year that saw his electric car company become the most valuable carmaker in the world and his rocket company soar to the edge of space with an all-civilian crew. Musk is also the founder and CEO of SpaceX, […]

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Business World

Indian government asks citizens to shun Elon Musk’s Starlink internet services until it gets license

The Indian government advised people against subscribing to Starlink Internet Services, a division of billionaire Elon Musk’s SpaceX aerospace company, as it does not have a license to operate in the country. A government statement issued late on Friday said Starlink had been told to comply with regulations and refrain from “booking/rendering the satellite internet […]

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Insane World

Server error locks Tesla drivers out of their cars

A glitch in the Tesla mobile application left several drivers locked out of their vehicles. A number of users reported a “500 server error” when trying to use the Tesla app. That indicates something has gone wrong with an Internet server the app is trying to connect to. “Still stuck in Seoul” wrote Jaehwan Cho […]

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World

JPMorgan sues Tesla for $162.2 million over Elon Musk’s tweets

JPMorgan Chase has sued Tesla for $162.2 million, accusing Elon Musk’s electric car company of “flagrantly” breaching a contract related to stock warrants after its share price soared. According to the complaint filed in Manhattan federal court, Tesla in 2014 sold warrants to JPMorgan that would pay off if their “strike price” were below Tesla’s […]

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Business

Tesla chief Elon Musk sold $1.1 billion worth of shares to cover taxes, filings say

Tesla Chief Executive Elon Musk sold about $1.1 billion worth of shares to cover tax obligations on options exercise, the billionaire reported in filings on Wednesday. Musk exercised options to acquire nearly 2.2 million shares of Tesla and then sold about 934,000 shares, about 0.5% of his Tesla holdings. The move gives Musk cash to […]

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Social Media Reactions World

Twitter poll asks Elon Musk to dumb 10% of his Tesla stake to pay billionaires’ tax

Tesla CEO Elon Musk should sell about 10 percent of his Tesla stock, according to 57.9 percent of people who voted on his Twitter poll asking users of the social media network whether he should offload the stake. The world’s richest person tweeted on Saturday that he would offload 10 percent of his stock if […]