SELF

Musk delivers first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on electric truck controls or capacity Semi uses existing Tesla motors to come up with a new Supercharger Dec. 1 (Reuters) – Tesla Inc. (TSLA.O) CEO Elon Musk delivered the company’s first Semi-Durable to PepsiCo on Thursday (PEP.O) without offering up-to-date forecasts …

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Wall Street rises as Fed signals slowdown in rate hikes

Growth stocks rebound as Treasury yields fall Tesla leaps as Citigroup modernizes Nordstrom falls on reduced earnings forecast Dow Jones Industrial closed at the highest level since April Dow up 0.28%, S&P 500 up 0.59%, Nasdaq up 0.99% Nov 23 (Reuters) – Major Wall Street indexes ended Wednesday with strong gains after minutes from the …

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Elon Musk encourages Twitter engineers to fly in for in-person meetings

November 18 (Reuters) – Elon Musk on Friday asked all remaining Twitter employees who write software code to report to the 10th floor of the San Francisco office by early afternoon, according to an email reviewed by Reuters . The billionaire said in a follow-up email: ‘If possible, I would appreciate it if you could …

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Tesla board member says Elon Musk identified potential successor as CEO

SAN FRANCISCO, Nov 16 (Reuters) – James Murdoch of Tesla Inc (TSLA.O) director, said in court on Wednesday that CEO Elon Musk had in recent months identified someone as a potential successor at the helm of the electric car maker. Murdoch, who did not name the potential successor, was testifying in a lawsuit over Musk’s …

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Buffett’s Berkshire discloses $4.1 bln TSMC stake

Nov 14 (Reuters) – Berkshire Hathaway Inc. (BRKa.N) said it purchased more than $4.1 billion worth of Taiwan Semiconductor Manufacturing stock (2330.TW)a rare significant foray into the tech sector by billionaire conglomerate Warren Buffett. The news sent shares of TSMC soaring, closing up 7.9% in Taiwan on Tuesday, as it bolstered investor sentiment for the …

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Elon Musk trial opens to decide fate of his $56 bln Tesla pay

WILMINGTON, Del, Nov 14 (Reuters) – A lawsuit opened on Monday over allegations by shareholders that Tesla CEO Elon Musk’s $56 billion pay package was rigged with easy performance targets and that investors were duped into approving it, with Musk expected to take a stand later this week. A Tesla (TSLA.O) The shareholder hopes to …

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Twitter restores ‘official’ label; $8 blue check mark option vanishes

November 11 (Reuters) – Elon Musk’s Twitter Inc brought back the “official” badge to some accounts on Friday, just days after removing it, while several users reported that the new subscription option for the tick mark of blue check was gone. The move follows a rise in fake accounts on the platform after new boss …

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Elon Musk sells Tesla shares worth $3.95 bln days after Twitter deal

Nov. 8 (Reuters) – Tesla Inc. (TSLA.O) Boss Elon Musk sold $3.95 billion worth of shares in the electric vehicle maker, according to regulatory filings, days after closing the $44 billion deal for Twitter Inc. The latest sale brings the total Tesla shares Musk has sold to around $36 billion since November last year, leaving …

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