Twitter is "more amenable to a deal" with Tesla CEO Elon Musk, who has presented a $43 billion acquisition plan, in what is a sign of thawing relations between the two sides. The company and the shareholder met on Sunday to discuss the deal, according to "Wall...
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The South African 20 times richer than Mozambique. Could invest 39 times in the Rovuma gas
A man's wealth can be assessed in many ways, two of them being by the mountain of his bank account and the value of his properties. And in these things of assessing the significance, in real terms, of the true value of money, one loses sight of how much it could impact people's lives. Here you just...
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Elon Musk doesn't give up and already has financing to buy Twitter
Tesla leader Elon Musk indicated today that he has secured close to $46.5 billion to finance the purchase of Twitter and is trying to negotiate a deal for the acquisition. In a document filed with the US stock regulator, Musk states that he has already reached a commitment with JPM organ bank to borrow two...
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April 21, 2022April 21, 2022Technology & Innovation
Scientists want to use solar panels on a Tesla on a 15,000km journey
A group of Australian scientists want to test the integration of solar panels on a Tesla car and take a 15,100km trip around Australia, a project that aims to think of ways to combat climate change. Charge Around Australia has created 18 solar panels each 18 meters long, which only...
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Elon Musk wants to launch self-driving cabs in 2024
Elon Musk owner of multinational Tesla, which recently posted fantastic financial results announced that the private vehicle manufacturer hopes to be able to produce autonomous cabs by 2024. The information was released during the presentation of the first quarter results, indicating that these cabs from Tesla will feature a "futuristic" design and without any steering wheel or pedals....
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Elon Musk's Tesla grows more than seven times in Q1 and reaches US$ 3.3 billion
The American electric car giant Tesla grew more than sevenfold in the first quarter of this year to $3.32 billion , up from a profit of $438 million in the same quarter of 2021. The result was above the $2.2 billion projected by analysts. On the other hand, the profit...
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April 14, 2022April 14, 2022Latest, World, Technology & Innovation
Elon Musk Offers USD 41 Billion to Buy Twitter
Tesla and Space X CEO, South African Elon Musk, today made a public offer to buy social network Twitter in its entirety for $54.20 in cash per share, which is expected to total $41.39 billion. Musk's offer price per share represents a premium of 38% over the...
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Tesla breaks record and delivers more than 310,000 cars in the first quarter
Tesla delivered more than 310,000 electric vehicles in the first quarter of this year, setting a new record, Reuters reports. Values beat analysts' estimates. According to Eco Online, between January and March of this year, the automaker delivered 310,048 cars, up from the 308,836 vehicles predicted by Refinitiv. According to Reuters, these results...
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"Elon Musk will be the world's first trillionaire by 2024," study reveals
A new study by Tipalti Approve guarantees that the CEO of Tesla and SpaceX is on track to become the world's first trillionaire as early as 2024. "Since 2017, Musk's fortune has shown an average annual increase of 129%, which could get him into the billion dollar club...
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March 29, 2022March 29, 2022Latest, World, Technology & Innovation
Tesla wants shareholder approval to split and increase shares
Tesla announced Monday that it will seek investor approval to increase its number of shares to allow for a stock split in the form of a dividend by issuing its shares at about 5%. The Board of Directors has already approved and should go to a vote at an annual meeting. Should the split...