Category: Tesla

Elon Musk tweeted "Use Signal" sending wrong company shares surging

Musk’s “Use Signal” Tweet Benefits Wrong Company

The world’s richest man, Elon Musk , Tesla CEO, on January 7th, had published a tweet “Use Signal”. It is believed that he was referring to Signal, the encrypted messaging service. However, investors in another case of mistaken identity piled up on shares of Signal Advance a publicly traded company, and sent its shares soaring by a mind-boggling 11,722%. This gave long term shareholders more than 60,000% returns in a year.

Elon Musk overtakes Jeff Bezos to become the world's richest person

Elon Musk overtakes Jeff Bezos to become world’s richest

Serial entrepreneur Elon Musk overtakes Jeff Bezos to become the world’s richest person with a net worth of more than $185 billion. Jeff Bezos has held the title of the world’s richest man since 2017. With Elon Musk overtaking Jeff Bezos to become the world’s richest, he is not the only one to have contributed to rearranging the rich list.

Apple electric car

Apple Electric Car : Coming very soon

Apple plans to step into the driverless, electric car segment after having enjoyed tremendous success in the customer electronic goods space. The car is planned for a launch as early as 2024. Apple not being satisfied with the existing battery technologies in the market, has decided to develop its own battery technology.

Logo of US electric vehicle manufacturer Tesla

Tesla inducted into S&P 500

The electric vehicle maker Tesla was inducted into the S&P 500 on Monday, and immediately slumped by almost 5% within half an hour of the market opening as the news of a new coronavirus strain emanating from the UK started making rounds.Tesla shares have rocketed by almost 80% since the beginning of November and by more than 700% since the beginning of the year.