Taking on US President Joe Biden, Tesla CEO Elon Musk has said that America does not need his administration's ambitious $1 trillion infrastructure bill, or any of the government subsidies.
Company is struggling to procure a raw material only available in China, for a battery cell that it's trying to develop in-house.
That leaves Musk's fortune at $268.9 billion
The purpose of the sales were to help Musk offset taxes
Tesla will continue to operate its electric vehicle factory in Fremont, California, and increase production there by 50 per cent
Musk has sold another 934,091 shares of the electric vehicle maker worth $1.01 billion to meet his tax obligations related to the exercise of options to buy 2.1 million shares.
Elon Musk's aerospace company SpaceX successfully launched a Falcon 9 rocket carrying 48 Starlink internet satellites and two BlackSky satellites
Tesla in 2021 was busy testing Model 3 at several locations, but concrete steps are yet to be taken to finally roll out the most coveted electric car for its fans in India
Parag Agrawal will take over from Jack Dorsey as the CEO of Twitter in 2022
The four-wheel ATV - "Cyberquad for Kids" - is inspired by the Cybertruck model and will begin shipping in 2-4 weeks
Musk in an email to his company's employees asked them to work over the weekend on SpaceX's Raptor engine as the company faces "genuine risk of bankruptcy" unless it speeds up the production.
Tech billionaire Elon Musk has confirmed that the Tesla Cybertruck will have a yoke steering wheel.
Agrawal has been with Twitter for more than a decade and has served as Chief Technology Officer since 2017
The DoT last week said Starlink is not licensed to offer satellite-based internet services in India
Tesla CEO Elon Musk has urged employees not to be in a hurry to deliver vehicles in the ongoing festive quarter but focus on minimising costs
According to Electrek, a spokesperson for the Germany Economy Ministry confirmed the news
The Indian government advised people against subscribing to Starlink Internet Services
Withdraws plea for state aid in Germany
'Given the fact that Starlink is not a licensee, the public is advised not to subscribe to Starlink services being advertised,' says Ministry of Communications
Tesla shares have rebounded 9.4% after initially slumping following Musk's Twitter poll.