Elon Musk forms X Holdings a potential parent company
Elon Musk formed a trio of holding companies as part of his bid to buy Twitter. According to reporting by Bloomberg, the new companies all have a variation of the same name, X Holdings. Musk […]
Kia Telluride sized EV9 is heading to the US in 2023
Kia revealed that the EV9 is coming to the United States in 2023. According to reporting by Motor Authority, the three-row SUV will be the electric alternative to the popular Kia Telluride. Kia first showed off […]
Xpeng P5 European pricing and specs announced
Xpeng has finally announced the Xpeng P5 sedan prices and specs for their European launch. The company is launching the P5 in Denmark, the Netherlands and Sweden. While, Norway will get the P5 later in […]
Elon Musk unlocks $23 billion in Tesla stock options after Q1 2022
Tesla’s strong Q1 in 2022 has led to another three tranches of stock options opening up for the Tesla CEO. As per the numbers. Tesla’s $18.76 billion revenue and adjusted earnings before interest, taxes, depreciation […]
Musk secures $46.5 billion in funding and considering a tender offer for Twitter
According to a filing with the US Securities and Exchange Commission (SEC), Elon Musk secured $46.5 billion in funding to buy Twitter. The Tesla CEO is now considering a tender offer for its shares. According […]
Judge rejects gag order for Elon Musk
Elon Musk will not have to stop talking about a lawsuit he is facing over his 2018 tweets about taking Tesla private. US District Judge Edward Chen agreed with Musk and Tesla that the proposed […]
LG Magna e-Powertrain breaks ground on Mexican plant
Earlier this week, the joint venture LG Magna e-Powertrain broke ground on their new Ramos Arizpe, Mexico plant. The Ramos Arizpe location is no accident. As the joint venture will supply the nearby General Motors […]
The Boring Company raises $675 million in Series C funding
The Boring Company raised $675 million in its Series C funding round, giving the company a $5.675 billion valuation. Vy Capital and Sequoia Capital led the Series C funding. This round had participation from Valor […]
Tesla Tequila is back in stock in the US Tesla Store- Update SOLD OUT
The infamously hard to snag Tesla Tequila is back in stock at the Tesla Shop. The tequila is only available to order in the United States and only in select US states. The Limited Edition […]
Highlights from Tesla’s Q1 2022 Earnings Call
The Tesla Q1 2022 Earnings Call just wrapped up. Elon Musk jumped on the call along with several Tesla executives, but there were not that many unexpected announcements. Here are some of the highlights. Growth […]
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