Posts

Showing posts with the label elon musk

How Tesla Became the Epicenter of Political Protests

Image
Throughout the weekend, demonstrators convened at Tesla stores in numerous urban centers globally to protest Elon Musk’s alleged collaboration with Donald Trump, which they believe has undermined the U.S. government. The aim was to cast a negative light on Tesla vehicles. A placard in Manhattan declared, "Torched a Tesla, rescued democracy." These activists seek to leverage market-driven democratic processes through their actions as a means to impact America’s political system. *** Dara Kerr and Edward Helmore report as follows: In New York City, hundreds of demonstrators against Tesla assembled outside the company's Manhattan dealership on Saturday. Sophie Shepherd, aged 23 and an organizer for Planet Over Profit, clarified that the protest was not targeting electric vehicles as a whole. We're gathered here to demonstrate against Musk for hosting what amounts to a Tesla exhibition on the White House grounds," she stated. "Our aim is t...

Saudi Arabia Opens Doors to Elon Musk as Tesla Faces Critical Moment

Image
Tesla announced that it will enter the Saudi market in April. The firm stated that their unveiling ceremony in Riyadh will "demonstrate what's ahead in AI and robotics technology." This arrives at a critical juncture as Tesla grapples with plummeting sales and a sagging stock price. Elon Musk's Tesla has joined the ranks of major economies in the Gulf region, specifically Saudi Arabia, during a critical period for the company known for producing electric vehicles. On Wednesday, Tesla It has declared that it will host a launch event in Riyadh, the capital of Saudi Arabia, on April 10. Your entire family is cordially invited to attend our launch event at Bujairi Terrace on April 10th, announcement on Tesla's website read. "Discover the future of self-driving technology through Cybercab, and encounter Optimus, our humanoid bot, as we demonstrate upcoming advancements in artificial intelligence an...

Tesla's Crisis: Trump and His Online Army Ride to the Rescue

Image
President Donald Trump was seated at the Resolute Desk in the Oval Office with Elon Musk sitting before him. Feeling generous, Trump proposed assistance and asked if there was anything his administration could do for Tesla, the company led by Musk. For Musk, nothing sprang to mind during the initial 2020 gathering held in the earlier part of the year. These specifics have never before seen publication. However, last week, Trump seemed to grant an incredible boon to the wealthy technology entrepreneur, the biggest donor In the 2024 election cycle and with his primary supporter, there occurred an extraordinary joint effort—half press briefing, half sales pitch—the president led this initiative. showcased Tesla Vehicles were present on the White House driveway as he declared that he had chosen one from among them — a deep red Model S — for his personal use. The incident triggered an influx of backing from conservatives for Tesla, a firm grappling with a declining share val...

Tesla's Stock Plummets, But Elon Musk’s Other Companies Soar in Secondary Markets: Meet xAI

Image
Elon Musk’s privately held firms are highly sought after in the private market sector. , having the value of SpaceX , Neuralink, The Boring Company, and xAI have surged by 45% since last year’s presidential election, according to data from the secondary market trading platform Caplight. Nevertheless, as investors in private markets pursue stakes in Musk’s privately held firms, Tesla The shares have decreased in value by about fifty percent. Although Tesla’s stock price has faced some decline lately, an analyst at JPMorgan suggests this represents a loss of stature. may have no equal In the four months following Donald Trump's electoral victory, the combined valuation of Elon Musk’s privately held firms has surged dramatically. The total valuation of SpaceX, Neuralink, The Boring Company, and xAI has increased by 45% in private market assessments since last November, as per the data shared with us. https://5.180.24.3/ through a secondary marke...