A judge has ordered Twitter to give Elon Musk the data from its 2021 users audit, in which the social media giant sampled 9,000 accounts to gauge the number of spam accounts on the site. The Tesla Tycoon has been attempting to back out of his original agreement to purchase Twitter for $44 billion, and […]

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Elon Musk has reportedly sold £5.7 billion worth of shares in Tesla in a bid to shore up his funds if he loses his legal battle against Twitter. In the event the SpaceX tycoon loses the case, he would be forced to carry out his initial agreement to buy the social media platform. Musk struck […]

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Elon Musk is reportedly being sued by Twitter after the billionaire attempted to terminate his proposed £37 billion purchase of the social media platform. The Tesla Tycon argued that Twitter failed to provide him with accurate information on the number of bots and spam accounts on the site. Twitter responded with a lawsuit sought via […]

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Twitter investors have launched a lawsuit against Tesla CEO Elon Musk over his bid to purchase the social media giant for $44 billion. Investors reportedly lodged complaints linked to legal violations under California law, including “false statements and market manipulation”, which apparently launch Twitter’s San Francisco head offices into “chaos.” The proposed class action lawsuit […]

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Elon Musk has hit the pause button on his $44bn Twitter deal until the tech mogul gets more information about fake and spam accounts on the social network platform hurting Twitter shares on Friday. Twitter reported less than 5% of users on its platform are fake and spam accounts in a filing from early May. […]

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Elon Musk struck a deal yesterday to purchase Twitter for $44 billion, amounting to $54.20 per share in an agreement which will see the Tesla tycoon take on complete ownership of the social media giant. The $54.20 share price tag represented a 38% premium on Twitter’s closing price on 1 April, the final trading day […]

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Young investors drawn to ‘businesses of the future’ Tesla is a unique company, not only from an innovation perspective, but because of its ability to attract non-traditional investors. On of the key reasons for this phenomenon is the personality of its CEO Elon MusK. That is the view of Peter Garnry, Head of Equity Strategy […]

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Elon Musk and Jack Dorsey have agreed to have a sit down discussion about bitcoin Tanzania’s central bank is making progress on a directive issued by president Samia Suluhu Hassan to facilitate the adoption of cryptocurrencies. The move follows the East African country banning crypto back in 2019, as the president now describes the impact […]

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Bitcoin remains up by 38.2% since the turn of the year Bitcoin, after another chaotic month, has made its way above $40,000, as it seems to be recovering somewhat after a sell-off over the weekend. At the time of writing, one bitcoin is valued at $40,188.8, 2.26% up in the last 24 hours. That is […]

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Non-US customers able to use bitcoin to buy Tesla later this year Tesla (NASDAQ:TSLA) chief Elon Musk announced on Wednesday that their cars can now be bought using bitcoin. Musk, who confirmed in February that the company has purchased $1.5bn worth of bitcoin, made the announcement via a tweet on Wednesday. With the continued volatility of […]

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Tesla will also accept payments in bitcoin Tesla announced on Monday that the company has purchased $1.5bn worth of bitcoin.  Tesla has said it established its bitcoin holding for “more flexibility to further diversify and maximize returns on our cash,” in a filing with the Securities and Exchange Commission.  Furthermore, Tesla will be accepting payments […]

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On the announcement that Elon Musk’s electric vehicle and solar power company would enter the S&P 500 next month, Tesla shares rallied over 13% during after-market trading. The company are set to enter the blue chip index on the quarterly rebalancing on December 21. And, having seen shares spike when they first qualified for S&P […]

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Tesla shares (NASDAQ: TSLA) are down on Wednesday after Elon Musk said cheaper and more powerful batteries wouldn’t be available for another three years. During a live presentation given on Tuesday, hinted towards a cheaper Tesla becoming available which would have five times more energy and six times more power. Speaking at the event, Musk […]

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Twitter (NYSE:TWTR) stated that the large-scale hack which took place two weeks ago on its platform, was perpetrated by fraudsters looking to peddle a cryptocurrency scam from the accounts of genuine politicians and celebrities. The hack was carried out via ‘spear-phishing’, whereby Twitter staff open bogus emails which snatch their personal credentials, and allow criminals […]

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Cult favourite tech innovation company Tesla (NASDAQ:TSLA) has seen its share price hit new heights, after soaring to unprecedented levels in February. This week ended up being a romp for Elon Musk’s favourite project, with the company becoming the highest-value car company without making a profit. This followed a bumper second quarter, where Tesla churned […]

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Its been a strange sort of year for Tesla (NASDAQ:TSLA) and its shareholders. The American automotive and energy company, run by zany engineer and personality Elon Musk, went from being questioned on its financial viability throughout the first half of 2019, to watching its share price bounce from US $176.90 per share (on June the […]

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American automotive and energy company Tesla Inc (NASDAQ:TSLA) announced on Thursday that it had replaced Volkswagen AG (ETR:VOW3) as the world’s second most valuable automotive producer. The company broke through to a valuation of $102 billion or £76.1 billion, after a period of consistent growth in its share price. This news marks just another significant […]

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Pioneer and tycoon Elon Musk has unveiled a new tunnel designed and built by The Boring Company, to tackle the landmark Los Angeles trope – the traffic. Elon’s new(ish) company Founded in 2016, The Boring Company was created with the sole purpose of revolutionising the way we do road transport, with Elon’s vision being to […]

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Elon Musk has hardly been left in want of Twitter (NYSE:TWTR) controversy in recent weeks, after his costly tweet and subsequent departure as Tesla (NASDAQ:TSLA) Chairman. However, this recent debacle only involved Musk in name. This time around, Musk’s identity was hijacked in order to carry out yet another Bitcoin scam, adding to the ongoing […]

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Tesla Inc (LON:TSLA) are to open their first factory outside of the US, with CEO Elon Musk meeting Shanghai’s mayor Ying Yong to make the announcement yesterday. The new factory is being built with a multiplicity of factors in mind. Firstly, the reciprocal Sino-US tariff tensions now mean that a 25 percent duty will be […]

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