Tesla Relocates $760M Worth of Bitcoin, While Spacex Funds Remain Untouched

October 16, 2024 Bitcoin.com

Bitcoin

On Oct. 15, 2024, Tesla initiated a transaction, transferring 1,800 BTC at precisely 5:03 p.m. EDT at block height 865,811. Following this initial move, the company shifted a grand total of 11,509 BTC, valued at more than $760 million, from its well-known wallets. At this time, it’s suspected that the funds have been relocated to […]

Elon Musk, the world’s richest man, hits record 8B net worth

Elon Musk, the world’s richest man, hits record $348B net worth

Tesla Makes a Surprise Bitcoin Move: $225M in BTC Transferred After 2 Years

October 16, 2024 Bitcoin.com

Bitcoin

Elon Musk’s Tesla has moved bitcoin (BTC) for the first time in two years, according to onchain data discovered by Arkham Intelligence. The transaction was carried out in three separate batches, transferring a total of around 3,385 BTC—equivalent to approximately $225 million—to three unique and unidentified P2PKH (Pay to Public Key Hash) bitcoin addresses. The […]

Elon Musk, the world’s richest man, hits record $348B net worth

Microstrategy Stock MSTR Soars 1,620% — Outshining Bitcoin, S&P 500, and the Magnificent 7

October 13, 2024 Bitcoin.com

Amazon

Microstrategy’s stock, MSTR, has soared 1,620% since the company adopted a bitcoin-centered strategy, far outpacing bitcoin itself, the S&P 500, and tech giants such as Nvidia. The company’s bitcoin holdings now exceed 252,000 BTC. Microstrategy’s executive chairman, Michael Saylor, remains bullish about bitcoin’s price as his company plans to further boost its BTC investments. Microstrategy’s […]

Elon Musk, the world’s richest man, hits record $348B net worth

Uber stock jumps, Tesla stumbles after Elon Musk’s Cybercab reveal

October 11, 2024 Coin Telegraph

artificial intelligence

Tesla’s failure to demonstrate progress in the field of autonomous vehicles appears to be making investors skittish.

Tesla’s big technology showcase appears to have missed the mark after an underwhelming series of announcements and reveals at the company’s Oct. 10 “We, Robot” event in Hollywood, California.

The company’s stocks have taken a nearly 8% hit in the wake of the event, while rival Uber’s are up by almost 9% at the time of writing.

Elon Musk, the world’s richest man, hits record $348B net worth

Nayib Bukele and Elon Musk Discuss AI, Robotics, and Future of Humanity

September 23, 2024 Bitcoin.com

El Salvador’s President Nayib Bukele met with Tesla and Spacex CEO Elon Musk at the Texas Gigafactory, discussing AI, robotics, and humanity’s future. The two exchanged views on innovation, and Musk praised Bukele’s leadership. Their conversation emphasized how cutting-edge technologies could shape global progress, aligning with El Salvador’s forward-thinking stance. Bukele and Musk Discuss AI, […]

Elon Musk, the world’s richest man, hits record $348B net worth

Nayib Bukele meets Elon Musk at Tesla to discuss AI, future of humanity

September 21, 2024 Coin Telegraph

President Bukele visited Tesla to meet with Elon Musk and discuss the future of AI, Bitcoin, and El Salvador’s emerging role in tech innovation.

Salvadoran President Nayib Bukele visited Tesla headquarters to meet Elon Musk and discuss, among other topics, the role of next-generation technologies, such as artificial intelligence, in shaping humanity’s future.

On Sept. 21, Bukele posted a video on X showcasing his visit to Tesla’s gigafactory in Austin, Texas, where he met with Musk. In the brief clip, Musk welcomes the president and gives him a tour of the facility.

Source: Nayib Bukele

Elon Musk, the world’s richest man, hits record $348B net worth

Elon Musk denies Tesla will pay xAI for AI technology partnership

September 8, 2024 Coin Telegraph

Coin Telegraph

The clarification comes after a news report stated Musk’s AI startup has discussed sharing its technology with Tesla and in return would earn revenue from the carmaker.

Elon Musk, owner of the social media platform X, has clarified that his artificial intelligence startup xAI is not looking to earn revenue from Tesla in exchange for sharing its technology.

The clarification comes after a Wall Street Journal report claimed that xAI has discussed sharing its technology with Tesla and in return would earn revenue from the carmaker.

“The xAI models are gigantic, containing, in compressed form, most of human knowledge, and couldn’t possibly run on the Tesla vehicle inference computer, nor would we want them to,” Musk wrote in a Sept. 8 X post.

Elon Musk, the world’s richest man, hits record $348B net worth

Elon Musk Can’t Wait to Reform US Government Spending and Regulations

September 4, 2024 Bitcoin.com

audit

Tesla CEO Elon Musk has expressed his eagerness to tackle excessive waste and regulations in the U.S. government, responding to a report that former President Trump is considering him for a role in auditing federal agencies. Musk emphasized the need to reduce wasteful spending to curb inflation and proposed forming a “government efficiency commission” to […]

Elon Musk, the world’s richest man, hits record $348B net worth

Dogecoin Manipulation Lawsuit Against Elon Musk and Tesla Dismissed

August 31, 2024 Bitcoin.com

Altcoins

Elon Musk and Tesla Inc. successfully had a lawsuit dismissed that accused them of manipulating the price of dogecoin (DOGE) for personal gain. A U.S. District Judge in Manhattan ruled that the plaintiffs failed to provide convincing evidence, despite multiple revisions of their claims. The lawsuit alleged that Musk’s social media influence caused a 36,000% […]

Elon Musk, the world’s richest man, hits record $348B net worth

Donald Trump Plans To Offer Bitcoin Advocate Elon Musk Cabinet Position if He Wins Presidential Race: Report

August 21, 2024 The Daily Hodl

Daily Hodl

Former President Donald Trump is reportedly open to offering Elon Musk a cabinet or advisor position if he wins the presidential election in November. Trump reportedly told Reuters on Monday that the Tesla chief executive is a “brilliant guy” and said he “certainly would” consider Musk for a position. Musk endorsed Trump in July, hours […]

The post Donald Trump Plans To Offer Bitcoin Advocate Elon Musk Cabinet Position if He Wins Presidential Race: Report appeared first on The Daily Hodl.

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