Just hours after Tesla chief Elon Musk brought Twitter in a mega $44 billion deal, Amazon founder Jeff Bezos questioned China's influence with Tesla's electric car company running in China.

"Interesting question. Did the Chinese government just gain a bit of leverage over the town square?" Bezos said in a tweet after a user set details on Tesla's operations in China and the fact that the Communist government had banned Twitter.

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Interesting question. Did the Chinese government just gain a bit of leverage over the town square? <a href="https://t.co/jTiEnabP6T">https://t.co/jTiEnabP6T</a>
— Jeff Bezos (@JeffBezos) <a href="https://twitter.com/JeffBezos/status/1518734031566778368?ref_src=twsrc%5Etfw">April 25, 2022</a></blockquote>
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The Amazon boss then added: "My own answer to this question is probably not. The more likely outcome in this regard is complexity in China for Tesla, rather than censorship at Twitter," adding, "But we'll see. Musk is extremely good at navigating this kind of complexity."

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My own answer to this question is probably not. The more likely outcome in this regard is complexity in China for Tesla, rather than censorship at Twitter.
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Watch:&nbsp;Twitter accepts Elon Musk's buyout deal

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Musk's bid to takeover Twitter was hampered by a hostile takeover threat as the Tesla chief sought to win over investors.&nbsp;

Musk had earlier bought nine per cent stake in Twitter but then&nbsp;sought to buy the social medial giant even as the Twitter board said it would adopt a "poison pill" approach to thwart Musk's plan.

<a href="https://www.wionews.com/world/after-elon-musks-purchase-of-twitter-white-house-expresses-concerns-473856">Also Read:&nbsp;White House says concerned over 'power of large social media platforms'</a>

However, Musk won the fight as he informed that he had put together a mammoth $46.5 billion as the Twitter board accepted the offer.

(Wit inputs from Agencies)

Just hours after Tesla chief Elon Musk brought Twitter in a mega $44 billion deal, Amazon founder Jeff Bezos questioned China's influence with Tesla's electric car company running in China.

Just hours after Tesla chief Elon Musk brought Twitter in a mega $44 billion deal, Amazon founder Jeff Bezos questioned China's influence with Tesla's electric car company running in China. "Interesting question. Did the Chinese government just gain a bit of leverage over the town square?" Bezos said in a tweet after a user set details on Tesla's operations in China and the fact that the Communist government had banned Twitter. Interesting question. Did the Chinese government just gain a bit of leverage over the town square? https://t.co/jTiEnabP6T — Jeff Bezos (@JeffBezos) April 25, 2022 × The Amazon boss then added: "My own answer to this question is probably not. The more likely outcome in this regard is complexity in China for Tesla, rather than censorship at Twitter," adding, "But we'll see. Musk is extremely good at navigating this kind of complexity." My own answer to this question is probably not. The more likely outcome in this regard is complexity in China for Tesla, rather than censorship at Twitter. — Jeff Bezos (@JeffBezos) April 26, 2022 × Watch: Twitter accepts Elon Musk's buyout deal Musk's bid to takeover Twitter was hampered by a hostile takeover threat as the Tesla chief sought to win over investors. Musk had earlier bought nine per cent stake in Twitter but then sought to buy the social medial giant even as the Twitter board said it would adopt a "poison pill" approach to thwart Musk's plan. Also Read: White House says concerned over 'power of large social media platforms' However, Musk won the fight as he informed that he had put together a mammoth $46.5 billion as the Twitter board accepted the offer. (Wit inputs from Agencies)

Elon Musk-Twitter deal: Did Chinese government just gain a bit of leverage? Bezos trolls Musk

Elon Musk buys Twitter, here are other biggest-ever tech acquisitions so far

Tesla boss Elon Musk recently became the largest shareholder in Twitter. Musk, after buying major stake, is working on bringing changes to Twitter. Users on Twitter have been demanding an ‘edit’ option for tweets. Musk even took a poll on adding an edit button on Twitter.

As Elon Musk joins Twitter board, tweets to be made editable?

Despite multiple technical hurdles, Elon Musk said that he was "highly confident" about his SpaceX Starship and it will reach Earth's orbit for the first time this year. It has been designed for trips to the moon and Mars.&nbsp;

Musk acknowledged the difficulties that SpaceX has faced in developing the "Raptor 2" engines. He also mentioned obstacles including the melting inside thruster chambers of the engines from intense heat.

"We're very close to solving that," he said as he is expecting to scale up production to seven or eight engines per week by next month. They aim at producing a new Starship and a booster every month by year's end.

"I feel at this point highly confident that we will get to orbit (with the Starship) this year," said Musk.&nbsp;

<a href="https://www.wionews.com/world/i-felt-his-last-heartbeat-musk-talks-about-losing-his-son-in-emails-with-father-of-tesla-crash-victim-452201">Also read |&nbsp;'I felt his last heartbeat': Musk talks about losing his son in emails with father of Tesla crash victim</a>

Earlier in December, Musk said that SpaceX needs to come up with many next-generation Starship engines soon to keep growing its Starlink broadband constellation and eventually, stay in business.

Musk tweeted, "If a severe global recession were to dry up capital availability/liquidity while SpaceX was losing billions on Starlink (and) Starship, then bankruptcy, while still unlikely, is not impossible." &nbsp;

The statement came in response to a leaked email, which was sent by the billionaire to employees over the Thanksgiving holiday in the US.&nbsp;

In it, Musk asked for "all hands-on deck."&nbsp;

The email which was leaked talked about a "production crisis" within the company.&nbsp;

(With inputs from agencies)

Despite multiple technical hurdles, Elon Musk said that he was "highly confident" about his SpaceX Starship and it will reach Earth's orbit for the first time this year.

Despite multiple technical hurdles, Elon Musk said that he was "highly confident" about his SpaceX Starship and it will reach Earth's orbit for the first time this year. It has been designed for trips to the moon and Mars. Musk acknowledged the difficulties that SpaceX has faced in developing the "Raptor 2" engines. He also mentioned obstacles including the melting inside thruster chambers of the engines from intense heat. "We're very close to solving that," he said as he is expecting to scale up production to seven or eight engines per week by next month. They aim at producing a new Starship and a booster every month by year's end. "I feel at this point highly confident that we will get to orbit (with the Starship) this year," said Musk. Also read | 'I felt his last heartbeat': Musk talks about losing his son in emails with father of Tesla crash victim Earlier in December, Musk said that SpaceX needs to come up with many next-generation Starship engines soon to keep growing its Starlink broadband constellation and eventually, stay in business. Musk tweeted, "If a severe global recession were to dry up capital availability/liquidity while SpaceX was losing billions on Starlink (and) Starship, then bankruptcy, while still unlikely, is not impossible." The statement came in response to a leaked email, which was sent by the billionaire to employees over the Thanksgiving holiday in the US. In it, Musk asked for "all hands-on deck." The email which was leaked talked about a "production crisis" within the company. (With inputs from agencies)

'Highly confident': Elon Musk says SpaceX Starship to reach Earth's orbit this year

The fortune of the world’s 10 wealthiest men doubled during the Covid pandemic, as per a report. During the first two years of Covid, poverty and inequality soared, Oxfam report said. These men’s wealth jumped from $700 billion to $1.5 trillion, an average rate of $1.3 billion/day. Oxfam said the fortune of the wealthiest men rose more during the pandemic than it did in the last 14 years. The Oxfam report said inequality is contributing to the death of 21,000 people every day. Oxfam report added that pandemic has plunged 160 million people into poverty.

Wealth of world’s 10 richest men doubled during Covid pandemic: Report

After making news for becoming the Time magazine's 'Person of the Year' for 2021, Tesla Inc chief Elon Musk is back at it again. &nbsp;&nbsp;

On Tuesday, Musk said that on a test basis, the electric carmaker will accept dogecoin as payment for merchandise. The announcement gave a push to the cryptocurrency, sending it up by 24%. &nbsp;

In a tweet, Musk said, "Tesla will make some merch buyable with Doge &amp; see how it goes." &nbsp;&nbsp;

Also Read |&nbsp;<a href="https://www.wionews.com/world/worst-choice-ever-time-magazine-faces-backlash-for-naming-elon-musk-person-of-the-year-for-2021-436799" hreflang="en">‘Worst choice ever’: Time magazine faces backlash for naming Elon Musk 'Person of the Year’ for 2021</a>

After the message, the cryptocurrency raced up to $0.20. &nbsp;&nbsp;

The billionaire did not specify which merchandise could be bought. The merchandise of the company can cost from $50 to $1,900. &nbsp;

The company sells items, such as mini models of vehicles, apparel, limited-edition 'Cyberwhistle', quad bike 'Cyberquad', 'Giga Texas' belt buckles, etc. &nbsp;&nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/world/hong-kong-media-tycoon-jimmy-lai-sentenced-to-13-months-in-prison-436531" hreflang="en">Hong Kong media tycoon Jimmy Lai sentenced to 13 months in prison</a>

As per data from Coinbase website, the tweets by the Tesla CEO on the cryptocurrency, have helped the cryptocurrency soar 5,859% in the last year. &nbsp;

"Bitcoin is not a good substitute for transactional currency," Musk also said in an interview. &nbsp;&nbsp;

In a Twitter poll, Musk had asked users if they wanted Tesla to accept dogecoin in May. &nbsp;&nbsp;

(With inputs from agencies)&nbsp;

After making news for becoming the Time magazine's 'Person of the Year' for 2021, Tesla Inc chief Elon Musk is back at it again. On Tuesday, Musk said that on a test basis, the electric carmaker will accept dogecoin as payment for merchandise.

After making news for becoming the Time magazine's 'Person of the Year' for 2021, Tesla Inc chief Elon Musk is back at it again. On Tuesday, Musk said that on a test basis, the electric carmaker will accept dogecoin as payment for merchandise. The announcement gave a push to the cryptocurrency, sending it up by 24%. In a tweet, Musk said, "Tesla will make some merch buyable with Doge & see how it goes." Also Read | ‘Worst choice ever’: Time magazine faces backlash for naming Elon Musk 'Person of the Year’ for 2021 After the message, the cryptocurrency raced up to $0.20. The billionaire did not specify which merchandise could be bought. The merchandise of the company can cost from $50 to $1,900. The company sells items, such as mini models of vehicles, apparel, limited-edition 'Cyberwhistle', quad bike 'Cyberquad', 'Giga Texas' belt buckles, etc. Also Read: Hong Kong media tycoon Jimmy Lai sentenced to 13 months in prison As per data from Coinbase website, the tweets by the Tesla CEO on the cryptocurrency, have helped the cryptocurrency soar 5,859% in the last year. "Bitcoin is not a good substitute for transactional currency," Musk also said in an interview. In a Twitter poll, Musk had asked users if they wanted Tesla to accept dogecoin in May. (With inputs from agencies)

As payment for merchandise, Tesla to accept dogecoin on a test basis, says CEO Musk

Time magazine’s choice for 'Person of the Year' 2021 has not gone down well with several critics, who have slammed the publication. It is being called ‘worst choice ever’ as billionaire Elon Musk has been criticised for opposition to unions, attitude towards tax and playing down Covid dangers. &nbsp;

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Let’s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else. <a href="https://t.co/jqQxL9Run6">https://t.co/jqQxL9Run6</a>
— Elizabeth Warren (@SenWarren) <a href="https://twitter.com/SenWarren/status/1470415896053227522?ref_src=twsrc%5Etfw">December 13, 2021</a></blockquote>
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Time had described Musk as a “clown, genius, edgelord, visionary, industrialist, showman” while talking about his achievements. &nbsp; &nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/world/billionaire-elon-musk-bags-title-of-time-magazines-person-of-the-year-for-2021-436646" hreflang="en">Billionaire Elon Musk bags title of Time magazine's 'Person of the Year' for 2021</a>

It was the “worst choice ever”, said Kurt Eichenwald, an author.&nbsp;&nbsp;

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I held back on saying much about Time selecting Elon Musk as person of the years until I read their reasoning. In a year when the developers of the mRNA vaccines have saved millions and helped restore global economies, the selection of Musk this year may be the worst choice ever.
— Kurt Eichenwald (@kurteichenwald) <a href="https://twitter.com/kurteichenwald/status/1470462022617911301?ref_src=twsrc%5Etfw">December 13, 2021</a></blockquote>
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Musk has been opposing a “billionaires tax” floated by some lawmakers in US. He and some other super-wealthy people in the country paid tax at a very small rate in comparison to their significant rise in wealth from 2014 to 2018, said a probe by Propublica this year. Musk allegedly paid only a “real” rate of 3.27%. &nbsp;&nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/world/hong-kong-media-tycoon-jimmy-lai-sentenced-to-13-months-in-prison-436531" hreflang="en">Hong Kong media tycoon Jimmy Lai sentenced to 13 months in prison</a>

In a tweet, Senator Elizabeth Warren said that the decision of the Time magazine highlights the need for the tax code to be reformed “so the person of the year will actually pay taxes and stop freeloading off everyone else”. &nbsp;

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Maybe <a href="https://twitter.com/TIME?ref_src=twsrc%5Etfw">@TIME</a> ought to change its definition of those deserving recognition — given the time we live in. <a href="https://t.co/Ql53aFk3ux">https://t.co/Ql53aFk3ux</a>
— 💫 Margaret Sullivan (@Sulliview) <a href="https://twitter.com/Sulliview/status/1470534617392365570?ref_src=twsrc%5Etfw">December 13, 2021</a></blockquote>
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In 2020, Musk also played down the dangers of Covid. &nbsp;

(With inputs from agencies)&nbsp;

Time magazine’s choice for 'Person of the Year' 2021 has not gone down well with several critics, who have slammed the publication. It is being called ‘worst choice ever’ as billionaire Elon Musk has been criticised for opposition to unions, attitude towards tax and playing down Covid dangers.

Time magazine’s choice for 'Person of the Year' 2021 has not gone down well with several critics, who have slammed the publication. It is being called ‘worst choice ever’ as billionaire Elon Musk has been criticised for opposition to unions, attitude towards tax and playing down Covid dangers. Let’s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else. https://t.co/jqQxL9Run6 — Elizabeth Warren (@SenWarren) December 13, 2021 × Time had described Musk as a “clown, genius, edgelord, visionary, industrialist, showman” while talking about his achievements. Also Read: Billionaire Elon Musk bags title of Time magazine's 'Person of the Year' for 2021 It was the “worst choice ever”, said Kurt Eichenwald, an author. I held back on saying much about Time selecting Elon Musk as person of the years until I read their reasoning. In a year when the developers of the mRNA vaccines have saved millions and helped restore global economies, the selection of Musk this year may be the worst choice ever. — Kurt Eichenwald (@kurteichenwald) December 13, 2021 × Musk has been opposing a “billionaires tax” floated by some lawmakers in US. He and some other super-wealthy people in the country paid tax at a very small rate in comparison to their significant rise in wealth from 2014 to 2018, said a probe by Propublica this year. Musk allegedly paid only a “real” rate of 3.27%. Also Read: Hong Kong media tycoon Jimmy Lai sentenced to 13 months in prison In a tweet, Senator Elizabeth Warren said that the decision of the Time magazine highlights the need for the tax code to be reformed “so the person of the year will actually pay taxes and stop freeloading off everyone else”. Maybe @TIME ought to change its definition of those deserving recognition — given the time we live in. https://t.co/Ql53aFk3ux — 💫 Margaret Sullivan (@Sulliview) December 13, 2021 × In 2020, Musk also played down the dangers of Covid. (With inputs from agencies)

‘Worst choice ever’: Time magazine faces backlash for naming Elon Musk 'Person of the Year’ for 2021

Elon Musk seems to be a man of his word as the billionaire has been fulfilling promises lately. &nbsp;&nbsp;

In the latest development, the Tesla boss seems to have fulfilled a pledge, which he made last year to "own no home." &nbsp;

Musk sold his 16,000-square-foot mansion in Hillsborough, California for $30 million. It was a wealthy Silicon Valley enclave, which lies just south of San Francisco. &nbsp;&nbsp;

Also Read |&nbsp;<a href="https://www.wionews.com/world/donald-trump-would-have-won-if-us-election-were-held-today-poll-434920" hreflang="en">Donald Trump would have won if US election were held today: Poll</a>

The property was initially listed for $37.5 million in June when Musk had announced the sale on Twitter. It was later relisted for $31.99 million in October, said records on the MLS. &nbsp;

According to records, the billionaire had bought the property for $23.4 million in 2017. &nbsp;

The listing agents of the property were Brent &amp; Mary Gullixson of Compass. The buyer’s identity has not been revealed till now. &nbsp;&nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/world/bitcoin-inventor-told-to-pay-usd-100-million-by-us-court-434880">Bitcoin 'inventor' told to pay USD 100 million by US court</a>

After selling off other properties in California, the 50-year-old billionaire had earlier said that the 47-acre property was his "last remaining house" in the state. &nbsp;

This estate, which is over 100-year-old has a great history. Known as Guignécourt, the property was originally built by Count Christian de Guigné in 1912. He was a member of French nobility, who moved to the area after marrying a California Gold Rush heiress. &nbsp;

(With inputs from agencies)&nbsp;

Elon Musk seems to be a man of his word as the billionaire has been fulfilling promises lately. In the latest development, the Tesla boss seems to have fulfilled a pledge, which he made last year to "own no home.

Elon Musk seems to be a man of his word as the billionaire has been fulfilling promises lately. In the latest development, the Tesla boss seems to have fulfilled a pledge, which he made last year to "own no home." Musk sold his 16,000-square-foot mansion in Hillsborough, California for $30 million. It was a wealthy Silicon Valley enclave, which lies just south of San Francisco. Also Read | Donald Trump would have won if US election were held today: Poll The property was initially listed for $37.5 million in June when Musk had announced the sale on Twitter. It was later relisted for $31.99 million in October, said records on the MLS. According to records, the billionaire had bought the property for $23.4 million in 2017. The listing agents of the property were Brent & Mary Gullixson of Compass. The buyer’s identity has not been revealed till now. Also Read: Bitcoin 'inventor' told to pay USD 100 million by US court After selling off other properties in California, the 50-year-old billionaire had earlier said that the 47-acre property was his "last remaining house" in the state. This estate, which is over 100-year-old has a great history. Known as Guignécourt, the property was originally built by Count Christian de Guigné in 1912. He was a member of French nobility, who moved to the area after marrying a California Gold Rush heiress. (With inputs from agencies)

Man of his word? Musk again fulfils promise, ‘owns no home’ in US state now

Taking a dig at Twitter's new CEO Parag Agrawal, Tesla CEO Elon Musk, on his Twitter handle posted a photoshopped image comparing Parag to the Soviet leader Joseph Stalin. The image also shows Twitter's former CEO Jack Dorsey as Nikolay Yezhov.&nbsp;

Yezhov was a close associate of Stalin before they fell out. He&nbsp;was assassinated under Stalin's orders. Later, Stalin got retouching done on a picture of him with Yezhov near a canal, removing the latter from the image. This is the image behind the&nbsp;photoshopped one tweeted by Musk.&nbsp;&nbsp;

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<a href="https://t.co/OL2hnKngTx">pic.twitter.com/OL2hnKngTx</a>
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1466074646240014340?ref_src=twsrc%5Etfw">December 1, 2021</a></blockquote>
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The meme shared by Musk is an allusion to the history of censorship under Stalin.

This comes in as moments after Parag took over as the CEO, Twitter announced that it was revising its privacy policy on sharing of photos.

It blocked the sharing of photos and videos of people without their consent.

Earlier, reacting to Parag's appointment as Twitter's new CEO, Musk had said that "USA benefits greatly from Indian talent!".

Elon Musk was replying to Stripe CEO Patrick Collison's tweet, which stated that six US tech giants are now run by Indian-origin CEOs.

Parag is an IIT Bombay graduate who has served as the Chief Technology Officer at the microblogging platform. Agrawal had completed his PhD in computer science from the prestigious Stanford University.

Parag became the CEO after Dorsey resigned on Monday. After resigning, Dorsey praised Agrawal and said ''My trust in Parag as Twitter's CEO is deep. His work over the past 10 years has been transformational. I'm deeply grateful for his skill, heart, and soul. It's his time to lead.''

Taking a dig at Twitter's new CEO Parag Agrawal, Tesla CEO Elon Musk, on his Twitter handle posted a photoshopped image comparing Parag to the Soviet leader Joseph Stalin.

Taking a dig at Twitter's new CEO Parag Agrawal, Tesla CEO Elon Musk, on his Twitter handle posted a photoshopped image comparing Parag to the Soviet leader Joseph Stalin. The image also shows Twitter's former CEO Jack Dorsey as Nikolay Yezhov. Yezhov was a close associate of Stalin before they fell out. He was assassinated under Stalin's orders. Later, Stalin got retouching done on a picture of him with Yezhov near a canal, removing the latter from the image. This is the image behind the photoshopped one tweeted by Musk. pic.twitter.com/OL2hnKngTx — Elon Musk (@elonmusk) December 1, 2021 × The meme shared by Musk is an allusion to the history of censorship under Stalin. This comes in as moments after Parag took over as the CEO, Twitter announced that it was revising its privacy policy on sharing of photos. It blocked the sharing of photos and videos of people without their consent. Earlier, reacting to Parag's appointment as Twitter's new CEO, Musk had said that "USA benefits greatly from Indian talent!". Elon Musk was replying to Stripe CEO Patrick Collison's tweet, which stated that six US tech giants are now run by Indian-origin CEOs. Parag is an IIT Bombay graduate who has served as the Chief Technology Officer at the microblogging platform. Agrawal had completed his PhD in computer science from the prestigious Stanford University. Parag became the CEO after Dorsey resigned on Monday. After resigning, Dorsey praised Agrawal and said ''My trust in Parag as Twitter's CEO is deep. His work over the past 10 years has been transformational. I'm deeply grateful for his skill, heart, and soul. It's his time to lead.''

Elon Musk takes a dig at Parag Agrawal, shares a photoshopped image comparing him with Joseph Stalin

Seldom does one get his complaint redressed when the matter is flagged on Twitter. Customers wait for days, if not hours, to get a reply from the company, whose products they are using.

But Tesla Inc CEO Elon Musk has taken customer responsiveness to a whole new level. It is no secret that Musk is hyperactive on Twitter—so much so that one wonders whether he himself is available on the social networking site or has hired any special team for this purpose.

Also read |&nbsp;&nbsp;<a href="https://www.wionews.com/world/warning-of-population-collapse-on-earth-elon-musk-calls-for-colonisation-of-mars-399164">Warning of 'population collapse' on Earth, Elon Musk calls for&nbsp;colonisation&nbsp;of Mars&nbsp;&nbsp;</a>

He often posts opinions or engages in a heated debate on the social media site. From exchanging banters with the United States Senator Bernie Sanders to debating on ending world hunger with the director of the UN's World Food Programme, Musk’s Twitter replies have often gained attention as well as ire of many.

Also read |&nbsp;<a href="https://www.wionews.com/world/elon-musk-asks-people-to-use-signal-app-instead-of-whatsapp-and-facebook-over-privacy-issues-355704">Elon Musk asks people to use Signal app instead of WhatsApp and Facebook over privacy issues</a>

Recently, Musk left many impressed when he replied to a Twitter complaint related to his Tesla car in three minutes.

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Checking …
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1461807570138640387?ref_src=twsrc%5Etfw">November 19, 2021</a></blockquote>
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When a South Korean owner of Tesla Model 3 complained that he was unable to connect the electric compact sedan's system to his iPhone, Musk’s reply came within three minutes with a brief response, “Checking…".

Five hours after his first reply, Musk came back with an update on the server error issue and shared what went wrong with the Tesla app.

The Model 3 owner was amazed with Musk's promptness and even replied to the Tesla CEO with a ‘Thank you, Elon’ after this.

Netizens too praised Tesla CEO's prompt responsiveness to the concerns of Tesla owners.

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Crazy. A CEO, billionaire, richest person served you. What a great company!
— GoToMars (@aguduo4) <a href="https://twitter.com/aguduo4/status/1461809341519081472?ref_src=twsrc%5Etfw">November 19, 2021</a></blockquote>
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Awesome that the CEO is right on top of this!
— Jeremy Johnson (@AGuyOnlineHere) <a href="https://twitter.com/AGuyOnlineHere/status/1461809513007390723?ref_src=twsrc%5Etfw">November 19, 2021</a></blockquote>
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&nbsp;

Seldom does one get his complaint redressed when the matter is flagged on Twitter. Customers wait for days, if not hours, to get a reply from the company, whose products they are using.

Seldom does one get his complaint redressed when the matter is flagged on Twitter. Customers wait for days, if not hours, to get a reply from the company, whose products they are using. But Tesla Inc CEO Elon Musk has taken customer responsiveness to a whole new level. It is no secret that Musk is hyperactive on Twitter—so much so that one wonders whether he himself is available on the social networking site or has hired any special team for this purpose. Also read | Warning of 'population collapse' on Earth, Elon Musk calls for colonisation of Mars He often posts opinions or engages in a heated debate on the social media site. From exchanging banters with the United States Senator Bernie Sanders to debating on ending world hunger with the director of the UN's World Food Programme, Musk’s Twitter replies have often gained attention as well as ire of many. Also read | Elon Musk asks people to use Signal app instead of WhatsApp and Facebook over privacy issues Recently, Musk left many impressed when he replied to a Twitter complaint related to his Tesla car in three minutes. Checking … — Elon Musk (@elonmusk) November 19, 2021 × When a South Korean owner of Tesla Model 3 complained that he was unable to connect the electric compact sedan's system to his iPhone, Musk’s reply came within three minutes with a brief response, “Checking…". Five hours after his first reply, Musk came back with an update on the server error issue and shared what went wrong with the Tesla app. The Model 3 owner was amazed with Musk's promptness and even replied to the Tesla CEO with a ‘Thank you, Elon’ after this. Netizens too praised Tesla CEO's prompt responsiveness to the concerns of Tesla owners. Crazy. A CEO, billionaire, richest person served you. What a great company! — GoToMars (@aguduo4) November 19, 2021 × Awesome that the CEO is right on top of this! — Jeremy Johnson (@AGuyOnlineHere) November 19, 2021 ×

Netizens hail Elon Musk for ‘promptly’ replying to Twitter complaint in 3 minutes

Elon Musk said Wednesday that the Starship developed by his company SpaceX and selected by NASA for the Americans' return to the Moon would attempt its first orbital flight early next year.

"We'll do a bunch of tests in December and hopefully launch in January," Musk said in a talk for the National Academies Space Studies Board.

"There's a lot of risk associated with this first launch," he said. "So I would not say that it is likely to be successful, but I think we will make a lot of progress."

Starship has already made several sub-orbital flights. After multiple tests that ended in impressive explosions, SpaceX finally succeeded in landing the spacecraft, which is designed to be reusable.&nbsp;

For the upcoming orbital test, it will be decked out with an ultra-powerful first stage dubbed Super Heavy.&nbsp;

Authorization from the US Federal Aviation Administration is expected "around the end of the year," Musk said.&nbsp; 
The billionaire entrepreneur -- who also founded electric carmaker Tesla -- said he hoped to have completed the launch pad and launch tower this month, before carrying out a series of checks.&nbsp;

After the proposed January test launch, he aims for a dozen additional launches or more through the end of 2022.

He said Starship would be operational to transport loads outside the framework of tests "in 2023."&nbsp; 
US space agency NASA is betting on Starship to become the lander used as part of its Artemis program to take humans back to the Moon, in 2025 at the earliest.&nbsp;

But the SpaceX chief has even bigger dreams for this "biggest rocket ever designed."&nbsp;

"What we're aiming to develop with starship is a generalized means of transporting large amounts of mass or people... anywhere in the solar system," he said.

In his hour-long speech broadcast live on YouTube, the founder of SpaceX hammered home his ambitious vision:&nbsp; 
"In order for life to become multi-planetary, we'll need maybe 1,000 ships."

The overarching goal of SpaceX "has been to advance space technology such that humanity can become a multi-planetary species and ultimately a spacefaring civilization," he said.

"Long term it's essential for preserving the light of consciousness," because, he said, ultimately something will happen to Earth, either a natural or man-made disaster, to end civilization on the planet.

Elon Musk said Wednesday that the Starship developed by his company SpaceX and selected by NASA for the Americans' return to the Moon would attempt its first orbital flight early next year.

Elon Musk said Wednesday that the Starship developed by his company SpaceX and selected by NASA for the Americans' return to the Moon would attempt its first orbital flight early next year. "We'll do a bunch of tests in December and hopefully launch in January," Musk said in a talk for the National Academies Space Studies Board. "There's a lot of risk associated with this first launch," he said. "So I would not say that it is likely to be successful, but I think we will make a lot of progress." Starship has already made several sub-orbital flights. After multiple tests that ended in impressive explosions, SpaceX finally succeeded in landing the spacecraft, which is designed to be reusable. For the upcoming orbital test, it will be decked out with an ultra-powerful first stage dubbed Super Heavy. Authorization from the US Federal Aviation Administration is expected "around the end of the year," Musk said. The billionaire entrepreneur -- who also founded electric carmaker Tesla -- said he hoped to have completed the launch pad and launch tower this month, before carrying out a series of checks. After the proposed January test launch, he aims for a dozen additional launches or more through the end of 2022. He said Starship would be operational to transport loads outside the framework of tests "in 2023." US space agency NASA is betting on Starship to become the lander used as part of its Artemis program to take humans back to the Moon, in 2025 at the earliest. But the SpaceX chief has even bigger dreams for this "biggest rocket ever designed." "What we're aiming to develop with starship is a generalized means of transporting large amounts of mass or people... anywhere in the solar system," he said. In his hour-long speech broadcast live on YouTube, the founder of SpaceX hammered home his ambitious vision: "In order for life to become multi-planetary, we'll need maybe 1,000 ships." The overarching goal of SpaceX "has been to advance space technology such that humanity can become a multi-planetary species and ultimately a spacefaring civilization," he said. "Long term it's essential for preserving the light of consciousness," because, he said, ultimately something will happen to Earth, either a natural or man-made disaster, to end civilization on the planet.

Musk says first orbital flight for Moon rocket in early 2022

SpaceX chief Elon Musk while mentioning people who have walked on the Moon in a tweet said "soon, that list will grow much longer as humanity reaches new heights."

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List of people that have walked on the Moon: 
Neil Armstrong 🇺🇸🪦 
Buzz Aldrin 🇺🇸 91 yo 
Pete Conrad 🇺🇸🪦 
Alan Bean 🇺🇸🪦 
Alan Shepard 🇺🇸🪦 
Edgar Mitchell 🇺🇸🪦 
David Scott 🇺🇸 89 yo 
James Irwin 🇺🇸🪦 
John Young 🇺🇸🪦 
Charles Duke 🇺🇸 86 yo 
Eugene Cernan 🇺🇸🪦 
Harrison Schmitt 🇺🇸 86 yo
— Fermat's Library (@fermatslibrary) <a href="https://twitter.com/fermatslibrary/status/1459890422776430592?ref_src=twsrc%5Etfw">November 14, 2021</a></blockquote>
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Musk's latest tweet on space travel&nbsp;comes as a&nbsp;SpaceX capsule landed at the International Space Station(ISS) last week carrying four astronauts as part of its partnership with NASA.

<a href="https://www.wionews.com/world/i-keep-forgetting-youre-still-alive-elon-musk-take-a-jibe-at-bernie-sanders-offers-to-sell-more-stock-429392">Also Read:&nbsp;'I keep forgetting you're still alive': Elon Musk takes a jibe at Bernie Sanders</a>

The current mission named Crew-3 had blasted off from the Kennedy Space Center in Florida carrying astronauts Tom Marshburn, Kayla Barron and Raja Chari. The spaceship Endurance docked at ISS last Thursday.

Watch:&nbsp;Musk is willing to spend $6 billion to fight world hunger

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Chari, 44 who is a US Air Force colonel along with Marshburn, 61, a medical doctor and Maurer,34, are set to stay in space for six months.&nbsp;

<a href="https://www.wionews.com/world/musk-on-stock-selling-spree-tesla-ceo-sells-another-12-bn-worth-shares-428941">Also Read:&nbsp;Musk on stock selling spree? Tesla CEO sells another $1.2 bn worth shares</a> &nbsp;

Maurer is a science engineer while Barron served in the Navy. Marshburn had travelled space on two earlier occasions and had also taken spacewalks.

<a href="https://www.wionews.com/world/indian-american-hired-woman-to-slap-him-for-using-facebook-elon-musk-approves-428710">Also Read:&nbsp;Indian-American hired woman to slap him for using Facebook; Elon Musk approves</a>

The US astronauts will conduct space exploration and carry out scientific research and are likely to undertake spacewalks to upgrade sections of the space station. They were accompanied by German astronaut Matthias Maurer from the European Space Agency.

(With inputs from Agencies)

SpaceX chief Elon Musk while mentioning people who have walked on the Moon in a tweet said "soon, that list will grow much longer as humanity reaches new heights.

SpaceX chief Elon Musk while mentioning people who have walked on the Moon in a tweet said "soon, that list will grow much longer as humanity reaches new heights." List of people that have walked on the Moon: Neil Armstrong 🇺🇸🪦 Buzz Aldrin 🇺🇸 91 yo Pete Conrad 🇺🇸🪦 Alan Bean 🇺🇸🪦 Alan Shepard 🇺🇸🪦 Edgar Mitchell 🇺🇸🪦 David Scott 🇺🇸 89 yo James Irwin 🇺🇸🪦 John Young 🇺🇸🪦 Charles Duke 🇺🇸 86 yo Eugene Cernan 🇺🇸🪦 Harrison Schmitt 🇺🇸 86 yo — Fermat's Library (@fermatslibrary) November 14, 2021 × Musk's latest tweet on space travel comes as a SpaceX capsule landed at the International Space Station(ISS) last week carrying four astronauts as part of its partnership with NASA. Also Read: 'I keep forgetting you're still alive': Elon Musk takes a jibe at Bernie Sanders The current mission named Crew-3 had blasted off from the Kennedy Space Center in Florida carrying astronauts Tom Marshburn, Kayla Barron and Raja Chari. The spaceship Endurance docked at ISS last Thursday. Watch: Musk is willing to spend $6 billion to fight world hunger Chari, 44 who is a US Air Force colonel along with Marshburn, 61, a medical doctor and Maurer,34, are set to stay in space for six months. Also Read: Musk on stock selling spree? Tesla CEO sells another $1.2 bn worth shares Maurer is a science engineer while Barron served in the Navy. Marshburn had travelled space on two earlier occasions and had also taken spacewalks. Also Read: Indian-American hired woman to slap him for using Facebook; Elon Musk approves The US astronauts will conduct space exploration and carry out scientific research and are likely to undertake spacewalks to upgrade sections of the space station. They were accompanied by German astronaut Matthias Maurer from the European Space Agency. (With inputs from Agencies)

Soon, that list will grow much longer, says Musk on space travel

Tesla Inc Chief Executive Elon Musk seems to be on cloud nine at the moment. After becoming the richest man on Earth, the CEO has gone on a stock selling spree after asking followers about it. &nbsp;

In the latest development, Musk sold 1.2 million shares held by his trust for over $1.2 billion on November 12, the US securities filings showed on Friday.&nbsp;It is an addition to the multi-billion dollar list of sales reported this week. &nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/world/trumps-former-advisor-steve-bannon-indicted-for-refusing-to-testify-for-capitol-riot-probe-428893" hreflang="en">Trump’s former advisor Steve Bannon indicted for refusing to testify for Capitol riot probe</a>

Earlier, staying true to his word, Tesla CEO Elon Musk sold 930,000 shares of his company stock worth about $1.1 billion. &nbsp;

This development comes a few days after Musk posted a poll for his Twitter followers asking if he should sell 10 per cent of his stock holdings in the company. He had said that he would “abide by the results of this poll, whichever way it goes.” &nbsp;

The poll came amid pressure in Washington to increase taxes on billionaires. A few Democrats have been wanting to impose a new tax on America’s wealthiest by taxing unrealised capital gains.

Also Read:&nbsp;<a href="https://www.wionews.com/world/us-8-big-cats-test-positive-for-covid-19-at-st-louis-zoo-428910" hreflang="en">US: 8 big cats test positive for COVID-19 at St. Louis Zoo</a>&nbsp;

“Much is made lately of unrealised gains being a means of tax avoidance, so I propose selling 10 per cent of my Tesla stock. Do you support this?” he tweeted. &nbsp;

The majority voted in favour of Musk selling 10 per cent of his company's stock. There were nearly 3.5 million votes. While 57.9 per cent said they supported the initiative, 42.1 per cent said they were not in favour of it. &nbsp;

(With inputs from agencies)&nbsp;

Tesla Inc Chief Executive Elon Musk seems to be on cloud nine at the moment. After becoming the richest man on Earth, the CEO has gone on a stock selling spree after asking followers about it.

Tesla Inc Chief Executive Elon Musk seems to be on cloud nine at the moment. After becoming the richest man on Earth, the CEO has gone on a stock selling spree after asking followers about it. In the latest development, Musk sold 1.2 million shares held by his trust for over $1.2 billion on November 12, the US securities filings showed on Friday. It is an addition to the multi-billion dollar list of sales reported this week. Also Read: Trump’s former advisor Steve Bannon indicted for refusing to testify for Capitol riot probe Earlier, staying true to his word, Tesla CEO Elon Musk sold 930,000 shares of his company stock worth about $1.1 billion. This development comes a few days after Musk posted a poll for his Twitter followers asking if he should sell 10 per cent of his stock holdings in the company. He had said that he would “abide by the results of this poll, whichever way it goes.” The poll came amid pressure in Washington to increase taxes on billionaires. A few Democrats have been wanting to impose a new tax on America’s wealthiest by taxing unrealised capital gains. Also Read: US: 8 big cats test positive for COVID-19 at St. Louis Zoo “Much is made lately of unrealised gains being a means of tax avoidance, so I propose selling 10 per cent of my Tesla stock. Do you support this?” he tweeted. The majority voted in favour of Musk selling 10 per cent of his company's stock. There were nearly 3.5 million votes. While 57.9 per cent said they supported the initiative, 42.1 per cent said they were not in favour of it. (With inputs from agencies)

Musk on stock selling spree? Tesla CEO sells another $1.2 bn worth shares  

Elon Musk may have already been compelled to sell a sizable portion of his Tesla shares even if he had not issued an unusual Twitter pledge over the weekend. Musk on Saturday polled Twitter users on whether he should sell 10% of his stake in his company. The poll appeared to be a response to a Democratic proposal to tax the unrealized gains of billionaires.

“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” he tweeted.

Musk said he was raising the question because he does not take a cash salary as Tesla’s CEO and therefore would not have any way to pay a large tax bill without selling some of his Tesla shares, which make up the vast majority of his wealth.

Musk wrote in a follow-up tweet that he would “abide by the results of this poll, whichever way it goes.” Tesla’s shares were down a little more than 3% on the news Monday.

He closed the poll Sunday, after nearly 3.5 million votes had been cast, with 58% voting for him to sell. Musk has not confirmed what he will do, but after closing the poll, he tweeted, “I was prepared to accept either outcome.”

Either way, Musk may soon have needed to sell a big chunk of his shares. He holds nearly 23 million stock options that were awarded in 2012. Those options have since vested and will expire in August 2022. Most stock grants allow executives to avoid paying taxes for years, and perhaps forever, as long as they do not sell the shares they get from converting the option.

But Brian Foley, an executive compensation consultant, says that because of the size of Musk’s grant and the way it was structured, it is likely that much of his 2012 options do not qualify for the preferential tax treatment. That means Musk would owe income taxes when he exercises the grant, which at current prices would be worth just under $30 billion. Musk’s tax bill could top $10 billion, depending on what percentage of the options do not qualify for the preferential treatment.

“They are a ticking tax time bomb,” Foley said of Musk’s stock options. “Offhand I can’t think of any way for him to get around paying the tax.”

What’s more, Musk may need to sell even more shares than what it would take to pay his tax bill. He owns 17% of Tesla’s shares, which at its current stock price would be worth about $200 billion. That means his weekend tweets are a pledge to sell roughly $20 billion worth of Tesla’s shares.

The potential sale could roil Tesla’s stock at a time when many analysts say it is already overvalued. The company’s market value recently crossed $1 trillion, making it only one of five U.S. publicly traded companies to be worth that much.

Nonetheless, James Cox, a professor at Duke University law school and an expert in securities laws, said it might be hard for Musk to go back on his Twitter pledge.

“It’s a no-win situation,” Cox said. “In the securities law, the problem is this could be seen as a misrepresentation that was meant to mislead if another shareholder sold on Musk’s tweet.”

But Cox said it would be a hard lawsuit to win, because CEOs are allowed to make statements and change their minds, as long as they meant what they said when they said it.

It would not be the first time that Musk has gotten into trouble over his tweets. In late 2018, he and Tesla settled a lawsuit by the Securities and Exchange Commission, without admitting guilt, for tweeting about a potential sale of Tesla that never happened. Musk was also sued for defamation in 2018 after calling a diver who had helped rescue children stuck in a cave in Thailand a “pedo guy” on Twitter. Musk won the suit.

Daniel Ives, a stock analyst at Wedbush Securities who follows Tesla, called Musk’s latest Twitter pledge “bizarre” but said he thought that given Tesla’s prospects and the investor enthusiasm for the company, the stock, which is up more than 60% this year, would keep climbing, even with Musk cashing out a portion of his holdings.

“Musk was likely to sell some of his Tesla stock before year end, but no one ever imagined there would be a Twitter poll translating into a 10% sale of his ownership,” Ives said. “This weekend’s Twitter poll was a strange one even for Elon.”

Elon Musk may have already been compelled to sell a sizable portion of his Tesla shares even if he had not issued an unusual Twitter pledge over the weekend. Musk on Saturday polled Twitter users on whether he should sell 10% of his stake in his company.

Elon Musk may have already been compelled to sell a sizable portion of his Tesla shares even if he had not issued an unusual Twitter pledge over the weekend. Musk on Saturday polled Twitter users on whether he should sell 10% of his stake in his company. The poll appeared to be a response to a Democratic proposal to tax the unrealized gains of billionaires. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” he tweeted. Musk said he was raising the question because he does not take a cash salary as Tesla’s CEO and therefore would not have any way to pay a large tax bill without selling some of his Tesla shares, which make up the vast majority of his wealth. Musk wrote in a follow-up tweet that he would “abide by the results of this poll, whichever way it goes.” Tesla’s shares were down a little more than 3% on the news Monday. He closed the poll Sunday, after nearly 3.5 million votes had been cast, with 58% voting for him to sell. Musk has not confirmed what he will do, but after closing the poll, he tweeted, “I was prepared to accept either outcome.” Either way, Musk may soon have needed to sell a big chunk of his shares. He holds nearly 23 million stock options that were awarded in 2012. Those options have since vested and will expire in August 2022. Most stock grants allow executives to avoid paying taxes for years, and perhaps forever, as long as they do not sell the shares they get from converting the option. But Brian Foley, an executive compensation consultant, says that because of the size of Musk’s grant and the way it was structured, it is likely that much of his 2012 options do not qualify for the preferential tax treatment. That means Musk would owe income taxes when he exercises the grant, which at current prices would be worth just under $30 billion. Musk’s tax bill could top $10 billion, depending on what percentage of the options do not qualify for the preferential treatment. “They are a ticking tax time bomb,” Foley said of Musk’s stock options. “Offhand I can’t think of any way for him to get around paying the tax.” What’s more, Musk may need to sell even more shares than what it would take to pay his tax bill. He owns 17% of Tesla’s shares, which at its current stock price would be worth about $200 billion. That means his weekend tweets are a pledge to sell roughly $20 billion worth of Tesla’s shares. The potential sale could roil Tesla’s stock at a time when many analysts say it is already overvalued. The company’s market value recently crossed $1 trillion, making it only one of five U.S. publicly traded companies to be worth that much. Nonetheless, James Cox, a professor at Duke University law school and an expert in securities laws, said it might be hard for Musk to go back on his Twitter pledge. “It’s a no-win situation,” Cox said. “In the securities law, the problem is this could be seen as a misrepresentation that was meant to mislead if another shareholder sold on Musk’s tweet.” But Cox said it would be a hard lawsuit to win, because CEOs are allowed to make statements and change their minds, as long as they meant what they said when they said it. It would not be the first time that Musk has gotten into trouble over his tweets. In late 2018, he and Tesla settled a lawsuit by the Securities and Exchange Commission, without admitting guilt, for tweeting about a potential sale of Tesla that never happened. Musk was also sued for defamation in 2018 after calling a diver who had helped rescue children stuck in a cave in Thailand a “pedo guy” on Twitter. Musk won the suit. Daniel Ives, a stock analyst at Wedbush Securities who follows Tesla, called Musk’s latest Twitter pledge “bizarre” but said he thought that given Tesla’s prospects and the investor enthusiasm for the company, the stock, which is up more than 60% this year, would keep climbing, even with Musk cashing out a portion of his holdings. “Musk was likely to sell some of his Tesla stock before year end, but no one ever imagined there would be a Twitter poll translating into a 10% sale of his ownership,” Ives said. “This weekend’s Twitter poll was a strange one even for Elon.”

Behind Elon Musk’s Twitter poll is a tax bill coming due

Tesla Inc CEO Elon Musk took to Twitter to decide the fate his 10% stock in the electric car company and asked his 62.6 million followers in a poll if he should sell his stocks.

He has said that he would “abide by the results of this poll, whichever way it goes.”

Musk’s sudden announcement comes amid pressure in Washington to increase taxes on billionaires. Some Democrats have been wanting to impose a new tax on America’s wealthiest by taxing unrealized capital gains—a type of gains that is accrued when the price of the stocks they hold goes up, even if they do not sell any shares.

According to reports, Musk’s unrealized capital gains stand at roughly US $300 billion.

Also read |<a href="https://www.wionews.com/india-news/elon-musks-starlink-registers-business-in-india-targets-satellite-internet-access-426098">&nbsp;Elon Musk's Starlink registers business in India, targets satellite internet access</a>

“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. Do you support this?” he tweeted on Saturday afternoon.

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Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. 
 
Do you support this?
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1457064697782489088?ref_src=twsrc%5Etfw">November 6, 2021</a></blockquote>
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Much of Musk’s wealth is held in shares of Tesla, which does not pay him a cash salary.

“I only have stock, thus the only way for me to pay taxes personally is to sell stock," he tweeted.

By 10:30 am (Indian time), over 55 per cent have said yes out of a total of 2,262,895 votes.&nbsp;The poll is scheduled to end around 3 pm ET (2000 GMT) on Sunday.

Also read |&nbsp;<a href="https://www.wionews.com/south-asia/tesla-ceo-elon-musk-wealthier-than-pakistans-gdp-425852">Tesla CEO Elon Musk wealthier than Pakistan’s GDP</a>

Musk's shareholding in Tesla comes to about 170.5 million shares as of June 30 and selling 10 per cent of his stock would amount close to $21 billion based on Friday's closing, according to Reuters calculations.

The so-called “Billionaires Income Tax” would apply solely to 700 taxpayers who have at least $1 billion in assets or $100 million in income for three straight years.

According to the proposal, the proposed tax would raise around “hundreds of billions of dollars.”

America's billionaires have seen their collected wealth surge 70% since the start of the pandemic to over $5 trillion, according to an analysis by the pro-wealth-tax Americans for Tax Fairness and the Institute for Policy Studies Program on Inequality.

That gain from March 18, 2020, is equal in size to Biden's spending plans over 10 years, news agency AP reported.

(With inputs from agencies)

Tesla Inc CEO Elon Musk took to Twitter to decide the fate his 10% stock in the electric car company and asked his 62.6 million followers in a poll if he should sell his stocks.

Tesla Inc CEO Elon Musk took to Twitter to decide the fate his 10% stock in the electric car company and asked his 62.6 million followers in a poll if he should sell his stocks. He has said that he would “abide by the results of this poll, whichever way it goes.” Musk’s sudden announcement comes amid pressure in Washington to increase taxes on billionaires. Some Democrats have been wanting to impose a new tax on America’s wealthiest by taxing unrealized capital gains—a type of gains that is accrued when the price of the stocks they hold goes up, even if they do not sell any shares. According to reports, Musk’s unrealized capital gains stand at roughly US $300 billion. Also read | Elon Musk's Starlink registers business in India, targets satellite internet access “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. Do you support this?” he tweeted on Saturday afternoon. Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. Do you support this? — Elon Musk (@elonmusk) November 6, 2021 × Much of Musk’s wealth is held in shares of Tesla, which does not pay him a cash salary. “I only have stock, thus the only way for me to pay taxes personally is to sell stock," he tweeted. By 10:30 am (Indian time), over 55 per cent have said yes out of a total of 2,262,895 votes. The poll is scheduled to end around 3 pm ET (2000 GMT) on Sunday. Also read | Tesla CEO Elon Musk wealthier than Pakistan’s GDP Musk's shareholding in Tesla comes to about 170.5 million shares as of June 30 and selling 10 per cent of his stock would amount close to $21 billion based on Friday's closing, according to Reuters calculations. The so-called “Billionaires Income Tax” would apply solely to 700 taxpayers who have at least $1 billion in assets or $100 million in income for three straight years. According to the proposal, the proposed tax would raise around “hundreds of billions of dollars.” America's billionaires have seen their collected wealth surge 70% since the start of the pandemic to over $5 trillion, according to an analysis by the pro-wealth-tax Americans for Tax Fairness and the Institute for Policy Studies Program on Inequality. That gain from March 18, 2020, is equal in size to Biden's spending plans over 10 years, news agency AP reported. (With inputs from agencies)

Elon Musk proposes to sell 10% of his Tesla stock in Twitter poll

Elon Musk, the tech entrepreneur extraordinaire, declared on Twitter that he would be prepared to sell some of his Tesla shares to help fight world hunger, but with one condition.

Musk's comment was in reaction to a tweet citing a CNN Business report quoting a UN World Food Programme head suggesting that billionaires like Jeff Bezos and Elon Musk - the world's two richest men – could help end world hunger by donating a percentage of their wealth.&nbsp; 
 
Watch | Gravitas: The story of Elon Musk

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David Beasley, director of the UN’s World Food Programme (WFP) had said that just 2 per cent of the entrepreneur's income could help solve world hunger.

Beasley said in his tweet that Musk's net fortune increased by $36 billion when Hertz bought 100,000 Teslas.

He went on to say that one-sixth of this amount, or $6 billion, might assist save 42 million people who are starving.&nbsp; 
 
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After that Musk tweeted that 'If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it. 
 
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'But it must be open source accounting, so the public sees precisely how the money is spent,' Musk added. 
 
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The Tesla and SpaceX CEO added, however, that the World Food Programme (WFP) must publicly disclose how they are utilizing their funds.

Musk's response garnered a mixed response from his social media followers; some commended him for it, while others questioned if the world hunger crisis could be handled in this manner.&nbsp;

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I love you for this. Thank you for caring about people❤️
— Johnna Crider (@JohnnaCrider1) <a href="https://twitter.com/JohnnaCrider1/status/1454809516579696642?ref_src=twsrc%5Etfw">October 31, 2021</a></blockquote>
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(With inputs from agencies)

Elon Musk, the tech entrepreneur extraordinaire, declared on Twitter that he would be prepared to sell some of his Tesla shares to help fight world hunger, but with one condition.

Elon Musk, the tech entrepreneur extraordinaire, declared on Twitter that he would be prepared to sell some of his Tesla shares to help fight world hunger, but with one condition. Musk's comment was in reaction to a tweet citing a CNN Business report quoting a UN World Food Programme head suggesting that billionaires like Jeff Bezos and Elon Musk - the world's two richest men – could help end world hunger by donating a percentage of their wealth. Watch | Gravitas: The story of Elon Musk David Beasley, director of the UN’s World Food Programme (WFP) had said that just 2 per cent of the entrepreneur's income could help solve world hunger. Beasley said in his tweet that Musk's net fortune increased by $36 billion when Hertz bought 100,000 Teslas. He went on to say that one-sixth of this amount, or $6 billion, might assist save 42 million people who are starving. After that Musk tweeted that 'If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it. 'But it must be open source accounting, so the public sees precisely how the money is spent,' Musk added. The Tesla and SpaceX CEO added, however, that the World Food Programme (WFP) must publicly disclose how they are utilizing their funds. Musk's response garnered a mixed response from his social media followers; some commended him for it, while others questioned if the world hunger crisis could be handled in this manner. I love you for this. Thank you for caring about people❤️ — Johnna Crider (@JohnnaCrider1) October 31, 2021 × (With inputs from agencies)

I'll donate $6 billion if the UN can prove how it will solve world hunger: Elon Musk

A recent order helped&nbsp;Tesla and its CEO&nbsp;Elon Musk gain huge amount of wealth as the company's shares witnessed a huge surge.&nbsp;

For the first time, US electric carmaker Tesla’s market value has broken through the $1tn mark. The company achieved the feat after receiving an order for 100,000 of its vehicles from the rental company Hertz. &nbsp;

Due to the order, Musk's personal fortune also went up by $36.2 billion. It was one of the biggest single-day jumps in the wealth of an entrepreneur. &nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/world/us-to-lift-all-travel-restrictions-for-fully-vaccinated-foreign-nationals-from-november-8-424052" hreflang="en">US to lift all travel restrictions for fully vaccinated foreign nationals</a>

During 2020 and 2021, the carmaker’s stock market value had soared as investors bet on accelerating sales of electric cars in the run-up to government bans on petrol and diesel cars to meet the climate targets. &nbsp;

The shares of the company rose by as much as 9% to as high as $998 on Monday after the Hertz order announcement. It took Musk's 23 per cent stake in Tesla to $289 billion. The stake also includes options worth over $50 billion that have vested under Musk's 2018 compensation package.&nbsp; &nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/world/texas-bans-transgender-girls-from-participating-in-female-sports-in-schools-424068" hreflang="en">Texas bans transgender girls from participating in female sports in schools</a>

It took it past the milestone, although they later fell back below that level. &nbsp;&nbsp;

Based on the number of shares disclosed in its latest filing, Tesla shares must trade above $995.75 to stay above the $1tn (£727bn) level. &nbsp;

(With inputs from agencies)&nbsp;

A recent order helped Tesla and its CEO Elon Musk gain huge amount of wealth as the company's shares witnessed a huge surge. For the first time, US electric carmaker Tesla’s market value has broken through the $1tn mark.

A recent order helped Tesla and its CEO Elon Musk gain huge amount of wealth as the company's shares witnessed a huge surge. For the first time, US electric carmaker Tesla’s market value has broken through the $1tn mark. The company achieved the feat after receiving an order for 100,000 of its vehicles from the rental company Hertz. Due to the order, Musk's personal fortune also went up by $36.2 billion. It was one of the biggest single-day jumps in the wealth of an entrepreneur. Also Read: US to lift all travel restrictions for fully vaccinated foreign nationals During 2020 and 2021, the carmaker’s stock market value had soared as investors bet on accelerating sales of electric cars in the run-up to government bans on petrol and diesel cars to meet the climate targets. The shares of the company rose by as much as 9% to as high as $998 on Monday after the Hertz order announcement. It took Musk's 23 per cent stake in Tesla to $289 billion. The stake also includes options worth over $50 billion that have vested under Musk's 2018 compensation package. Also Read: Texas bans transgender girls from participating in female sports in schools It took it past the milestone, although they later fell back below that level. Based on the number of shares disclosed in its latest filing, Tesla shares must trade above $995.75 to stay above the $1tn (£727bn) level. (With inputs from agencies)

On a roll: Hertz’s 100,000-vehicle order helps Tesla, Elon Musk scale new heights

According to a Morgan Stanley analyst, Elon Musk's company SpaceX is most likely to make him a trillionaire.

Morgan Stanley's Adam Jonas says SpaceX has multiple components from Starlink satellite to earth observation, deep-sea exploration and other industries.&nbsp;

<a href="https://www.wionews.com/world/with-230-billion-net-worth-musk-is-now-richer-than-gates-and-buffett-combined-421742">Also Read:&nbsp;With $230 billion net worth, Musk is now richer than Gates and Buffett combined</a>

According to Bloomberg, SpaceX accounts for less than 17 per cent of Musk's total net worth of $241 billion, however, several projects run by his space company gives it a massive edge in the future.

In a note titled: “SpaceX Escape Velocity ... Who Can Catch Them?”, Jonas said SpaceX is "challenging any preconceived notion of what was possible and the time frame possible, in terms of rockets, launch vehicles and supporting infrastructure."

<a href="https://www.wionews.com/world/jeff-bezos-shares-an-old-article-predicting-amazons-failure-elon-musk-replies-419819">Also Read:&nbsp;Jeff Bezos shares an old article predicting Amazon's failure, Elon Musk replies</a>

Musk's wealth has been generated by his electric car company Tesla which reportedly contributes to $50 billion in his net worth.&nbsp;

Jonas says SpaceX is not just a rocket launch service as it can make and launch satellites. The Morgan Stanley analyst thinks the company's value will increasingly be generated from communication satellites, including Starlink which will provide high-speed internet access for people anywhere in the world.&nbsp;

<a href="https://www.wionews.com/videos/spacex-launches-all-civilian-crew-413391">Watch: SpaceX launches all-civilian crew</a>

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Jonas also pointed at hypersonic business travel which could be undertaken by Musk's space company. However, he noted that in the present scenario SpaceX business could be worth $200 billion which is still short of the target.&nbsp;

<a href="https://www.wionews.com/trending/spacex-founder-elon-musk-says-people-should-not-worry-too-much-about-methane-419590">Also Read:&nbsp;SpaceX founder Elon Musk says people should not 'worry too much about methane'</a>

Musk currently owns nearly half of SpaceX although his net value has been zooming due to Tesla's shares skyrocketing, so SpaceX still has some way to go before it can lift Musk to trillionaire status.

(With inputs from Agencies)

According to a Morgan Stanley analyst, Elon Musk's company SpaceX is most likely to make him a trillionaire. Morgan Stanley's Adam Jonas says SpaceX has multiple components from Starlink satellite to earth observation, deep-sea exploration and other industries.

According to a Morgan Stanley analyst, Elon Musk's company SpaceX is most likely to make him a trillionaire. Morgan Stanley's Adam Jonas says SpaceX has multiple components from Starlink satellite to earth observation, deep-sea exploration and other industries. Also Read: With $230 billion net worth, Musk is now richer than Gates and Buffett combined According to Bloomberg, SpaceX accounts for less than 17 per cent of Musk's total net worth of $241 billion, however, several projects run by his space company gives it a massive edge in the future. In a note titled: “SpaceX Escape Velocity ... Who Can Catch Them?”, Jonas said SpaceX is "challenging any preconceived notion of what was possible and the time frame possible, in terms of rockets, launch vehicles and supporting infrastructure." Also Read: Jeff Bezos shares an old article predicting Amazon's failure, Elon Musk replies Musk's wealth has been generated by his electric car company Tesla which reportedly contributes to $50 billion in his net worth. Jonas says SpaceX is not just a rocket launch service as it can make and launch satellites. The Morgan Stanley analyst thinks the company's value will increasingly be generated from communication satellites, including Starlink which will provide high-speed internet access for people anywhere in the world. Watch: SpaceX launches all-civilian crew Jonas also pointed at hypersonic business travel which could be undertaken by Musk's space company. However, he noted that in the present scenario SpaceX business could be worth $200 billion which is still short of the target. Also Read: SpaceX founder Elon Musk says people should not 'worry too much about methane' Musk currently owns nearly half of SpaceX although his net value has been zooming due to Tesla's shares skyrocketing, so SpaceX still has some way to go before it can lift Musk to trillionaire status. (With inputs from Agencies)

Musk could become trillionaire with SpaceX, says Morgan Stanley analyst

SpaceX chief&nbsp;Elon Musk declared that people should not "worry too much about methane" while adding that methane&nbsp;"quickly breaks down into CO2".

"Methane is not a stable molecule, CO2 is extremely stable," the Tesla chief said while pushing for carbon tax at Tesla's annual shareholder meeting.

<a href="https://www.wionews.com/world/tesla-chief-elon-musk-praises-china-again-416500#:~:text=Tesla%20chief%20Elon%20Musk%20called,expanding%20exponentially%20in%20the%20country.">Also Read:&nbsp;Tesla chief Elon Musk praises China again</a>

United Nations Environment Programme (UNEP) had earlier warned that methane is a "key ingredient" in the formation of smog which causes air pollution. It added that methane is an "extremely powerful greenhouse gas" agent which is "responsible for about 30 per cent of warming since pre-industrial times".

The report said methane emissions are caused by fossil fuels, waste and agriculture. Musk's SpaceX rockets use methane in a big way. The company&nbsp;has ambitious plans to send its&nbsp;rocket to Mars.

<a href="https://www.wionews.com/sports/maxwell-was-incredible-elon-musks-tweet-confuses-indian-cricket-fans-417200">Also Read:&nbsp;'Maxwell was incredible': Elon Musk's tweet confuses Indian cricket fans</a>

"Can there be a carbon tax? I mean, what the hell?" Musk said at the meeting while adding that it might not benefit SpaceX but could help his car company Tesla.

Last month SpaceX had send an all-civilian crew to space with no professional astronauts on board as the company eyes space tourism in a big way. The "Inspiration4" mission was headed by American billionaire Jared Isaacman.

<a href="https://www.wionews.com/business-economy/china-made-electric-vehicles-should-not-be-sold-in-india-modi-govt-to-elon-musk-419293">Also Read:&nbsp;China-made electric vehicles should not be sold in India: Modi govt to Elon Musk</a>

SpaceX had said earlier that lots of people have expressed their interest in going to space. SpaceX has&nbsp;ten astronauts to the International Space Station on behalf of NASA.&nbsp;

(With inputs from Agencies)

SpaceX chief Elon Musk declared that people should not "worry too much about methane" while adding that methane "quickly breaks down into CO2". "Methane is not a stable molecule, CO2 is extremely stable," the Tesla chief said while pushing for carbon tax at Tesla's annual shareholder meeting.

SpaceX chief Elon Musk declared that people should not "worry too much about methane" while adding that methane "quickly breaks down into CO2". "Methane is not a stable molecule, CO2 is extremely stable," the Tesla chief said while pushing for carbon tax at Tesla's annual shareholder meeting. Also Read: Tesla chief Elon Musk praises China again United Nations Environment Programme (UNEP) had earlier warned that methane is a "key ingredient" in the formation of smog which causes air pollution. It added that methane is an "extremely powerful greenhouse gas" agent which is "responsible for about 30 per cent of warming since pre-industrial times". The report said methane emissions are caused by fossil fuels, waste and agriculture. Musk's SpaceX rockets use methane in a big way. The company has ambitious plans to send its rocket to Mars. Also Read: 'Maxwell was incredible': Elon Musk's tweet confuses Indian cricket fans "Can there be a carbon tax? I mean, what the hell?" Musk said at the meeting while adding that it might not benefit SpaceX but could help his car company Tesla. Last month SpaceX had send an all-civilian crew to space with no professional astronauts on board as the company eyes space tourism in a big way. The "Inspiration4" mission was headed by American billionaire Jared Isaacman. Also Read: China-made electric vehicles should not be sold in India: Modi govt to Elon Musk SpaceX had said earlier that lots of people have expressed their interest in going to space. SpaceX has ten astronauts to the International Space Station on behalf of NASA. (With inputs from Agencies)

SpaceX founder Elon Musk says people should not 'worry too much about methane'

As the Taliban take control of Afghanistan, SpaceX founder Elon Musk questioned whether the <a href="https://www.wionews.com/south-asia/thousands-of-afghans-still-wait-at-kabul-airport-us-allies-issue-advisory-407518">Taliban</a>&nbsp;"even knows about the Delta variant"&nbsp;tweeting a photo of&nbsp;leaders without masks.

The tweet went viral on social media as a reader joked masks weren't their focus as several users put across their views on the Taliban's takeover.

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<a href="https://t.co/EOBHkQvFPR">pic.twitter.com/EOBHkQvFPR</a>
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1428809514946416642?ref_src=twsrc%5Etfw">August 20, 2021</a></blockquote>
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The Taliban had entered capital Kabul virtually unopposed last week on Sunday as the Afghan troops crumbled under the militant group's onslaught which had gathered steam in the past fortnight.

Watch:

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There were chaotic scenes witnessed at Hamid Karzai international airport as <a href="https://www.wionews.com/south-asia/after-women-taliban-send-back-afghans-government-employees-407472">Afghans </a>scrambled to catch flights evacuating foreign nationals and diplomats who hurried to get out of the country.

<a href="https://www.wionews.com/photos/spirit-of-sport-afghanistans-cricket-team-attends-training-session-in-kabul-see-pics-407546">In Pics:&nbsp;Afghanistan's cricket team attends training session in Kabul&nbsp;</a>

The Taliban later in the week had asked Afghans without a valid visa to go back home, however, thousands are still gathered at the international airport.

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Loving how <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> is taking on the Taliban!! Man's got sense of humour got to give him that.
— SeabiscuitATH (@SeabiscuitATH) <a href="https://twitter.com/SeabiscuitATH/status/1428976474061639688?ref_src=twsrc%5Etfw">August 21, 2021</a></blockquote>
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&nbsp;

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When <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> gives <a href="https://twitter.com/hashtag/Afghanistan?src=hash&amp;ref_src=twsrc%5Etfw">#Afghanistan</a> a shoutout <a href="https://twitter.com/hashtag/DeltaVariant?src=hash&amp;ref_src=twsrc%5Etfw">#DeltaVariant</a> spread some love on the <a href="https://twitter.com/hashtag/Taliban?src=hash&amp;ref_src=twsrc%5Etfw">#Taliban</a> <a href="https://t.co/wQ8f3K2MSi">https://t.co/wQ8f3K2MSi</a>
— AK (@AkHakimyy) <a href="https://twitter.com/AkHakimyy/status/1429299713732448262?ref_src=twsrc%5Etfw">August 22, 2021</a></blockquote>
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US and Germany have issued advisories to their citizens not to travel to the airport amid the chaos even as Australia declared it had pulled out several nationals from the country overnight.

Reports claim there are at least 15,000 Americans and 50,000 to 60,000 Afghan allies who need to be evacuated. The Biden administration had declared earlier that the<a href="https://www.wionews.com/world/no-alternative-to-taliban-any-kind-of-resistance-will-fail-russian-envoy-to-afghanistan-407450"> Taliban</a> had given safe passage to the Americans amid chaos in the capital.

The Pentagon claimed at least 17,000 people have been evacuated since August 14 when the operation began with thousands more reportedly left on other foreign military flights.

President Biden had said US troops will be staying beyond the August 31 deadline set earlier as several thousand Americans still need to return home safely.&nbsp;

(With inputs from Agencies)

As the Taliban take control of Afghanistan, SpaceX founder Elon Musk questioned whether the Taliban "even knows about the Delta variant" tweeting a photo of leaders without masks.

As the Taliban take control of Afghanistan, SpaceX founder Elon Musk questioned whether the Taliban "even knows about the Delta variant" tweeting a photo of leaders without masks. The tweet went viral on social media as a reader joked masks weren't their focus as several users put across their views on the Taliban's takeover. pic.twitter.com/EOBHkQvFPR — Elon Musk (@elonmusk) August 20, 2021 × The Taliban had entered capital Kabul virtually unopposed last week on Sunday as the Afghan troops crumbled under the militant group's onslaught which had gathered steam in the past fortnight. Watch: There were chaotic scenes witnessed at Hamid Karzai international airport as Afghans scrambled to catch flights evacuating foreign nationals and diplomats who hurried to get out of the country. In Pics: Afghanistan's cricket team attends training session in Kabul The Taliban later in the week had asked Afghans without a valid visa to go back home, however, thousands are still gathered at the international airport. Loving how @elonmusk is taking on the Taliban!! Man's got sense of humour got to give him that. — SeabiscuitATH (@SeabiscuitATH) August 21, 2021 × When @elonmusk gives #Afghanistan a shoutout #DeltaVariant spread some love on the #Taliban https://t.co/wQ8f3K2MSi — AK (@AkHakimyy) August 22, 2021 × US and Germany have issued advisories to their citizens not to travel to the airport amid the chaos even as Australia declared it had pulled out several nationals from the country overnight. Reports claim there are at least 15,000 Americans and 50,000 to 60,000 Afghan allies who need to be evacuated. The Biden administration had declared earlier that the Taliban had given safe passage to the Americans amid chaos in the capital. The Pentagon claimed at least 17,000 people have been evacuated since August 14 when the operation began with thousands more reportedly left on other foreign military flights. President Biden had said US troops will be staying beyond the August 31 deadline set earlier as several thousand Americans still need to return home safely. (With inputs from Agencies)

'Not one mask': Elon Musk's tweet on Taliban goes viral

Tesla Inc Chief Executive Officer Elon Musk on Friday showed his support for 'Fortnite' maker Epic Games that has challenged Apple Inc's fees on its App Store. 
 
"Apple app store fees are a de facto global tax on the Internet. Epic is right," he said in a tweet.&nbsp; 
 
Apple is battling a lawsuit filed last year by Epic Games, alleging that the iPhone maker has abused its dominance in the market for mobile apps. Epic broke Apple's rules when it introduced its own in-app payment system in 'Fortnite' to circumvent Apple's commissions. 
 
Apple, which has defended its App Store practices both in court and to lawmakers in hearings, did not immediately respond to a Reuters request for comment. 
 
Musk late on Friday said that though he likes using Apple products, the iPhone maker is 'overcharging with App Store'. 
 
"I mean 30% fees for doing almost zero incremental work is completely unreasonable. Epic wouldn’t bother processing their own payments if App Store fees were fair," he tweeted. 
 
Separately, Musk denied a report that he once had a chat with Apple boss Tim Cook related to a possible acquisition of the electric carmaker and taking over as the iPhone maker's CEO.&nbsp;

"There was a point where I requested to meet with Cook to talk about Apple buying Tesla. There were no conditions of acquisition proposed whatsoever. He refused to meet," Musk said in another tweet.&nbsp; 
 
On Tesla's call with Wall Street analysts earlier this week, Musk took shots at Apple, criticising the company's "walled garden" or its tightly controlled tech ecosystem and its usage of cobalt, a key mineral for making lithium-ion batteries. 
 
"I don’t want to be CEO of anything," Musk tweeted in response to a comment.

Tesla Inc Chief Executive Officer Elon Musk on Friday showed his support for 'Fortnite' maker Epic Games that has challenged Apple Inc's fees on its App Store. "Apple app store fees are a de facto global tax on the Internet.

Tesla Inc Chief Executive Officer Elon Musk on Friday showed his support for 'Fortnite' maker Epic Games that has challenged Apple Inc's fees on its App Store. "Apple app store fees are a de facto global tax on the Internet. Epic is right," he said in a tweet. Apple is battling a lawsuit filed last year by Epic Games, alleging that the iPhone maker has abused its dominance in the market for mobile apps. Epic broke Apple's rules when it introduced its own in-app payment system in 'Fortnite' to circumvent Apple's commissions. Apple, which has defended its App Store practices both in court and to lawmakers in hearings, did not immediately respond to a Reuters request for comment. Musk late on Friday said that though he likes using Apple products, the iPhone maker is 'overcharging with App Store'. "I mean 30% fees for doing almost zero incremental work is completely unreasonable. Epic wouldn’t bother processing their own payments if App Store fees were fair," he tweeted. Separately, Musk denied a report that he once had a chat with Apple boss Tim Cook related to a possible acquisition of the electric carmaker and taking over as the iPhone maker's CEO. "There was a point where I requested to meet with Cook to talk about Apple buying Tesla. There were no conditions of acquisition proposed whatsoever. He refused to meet," Musk said in another tweet. On Tesla's call with Wall Street analysts earlier this week, Musk took shots at Apple, criticising the company's "walled garden" or its tightly controlled tech ecosystem and its usage of cobalt, a key mineral for making lithium-ion batteries. "I don’t want to be CEO of anything," Musk tweeted in response to a comment.

Musk says "Epic is right," takes sides in battle with Apple

Don Joyce, a Nokia director working from home at a remote lake cottage in Canada, recently abandoned his painfully slow phone-line internet in favour of satellite broadband service Starlink, offered by Elon Musk's SpaceX. 
 
Starlink, which cost him C$600 dollars (US$486) for hardware and a lofty C$150 monthly subscription, provides 'blindingly fast' speeds when uploading videos or streaming movies, he said. 
 
But the beta test customer said he experiences dropouts during calls on Microsoft Teams and Zoom.

"If you're in the city and you have alternatives, I wouldn't recommend it. But if you're in the country, like in the middle of nowhere and you're getting pathetic internet service, then it's definitely a competitor." 
 
For billionaire entrepreneur Elon Musk, founder of electric vehicle manufacturer Tesla Inc, the success of one of his biggest bets may come down to just how many people like Joyce are out there. 
 
Musk on Tuesday is expected to discuss Starlink's progress in a speech at the Mobile World Congress telecommunications event, an audience with a lot at stake in the fate of Starlink. If the service is successful, it could vastly expand the reach of broadband internet around the world, connect Tesla vehicles, and even provide a new platform for traders and others with exotic internet needs, people familiar with the Starlink plan said. 
 
But to do that, it must avoid the fate of similar satellite ventures that have preceded it. 
 
"Not bankrupt, that would be a big step," Musk said last year. "That's our goal." 
 
SpaceX's Starlink division launched its 'Better Than Nothing Beta program' in the United States last October, with data speeds up to a competitive 150 megabits per second. Early reviews are mixed, with some users complaining of the problems that have always plagued satellite internet: sensitivity to weather. 
 
Recent heat waves have caused new problems. 
 
"I'm gonna have to spray it with a garden hose to reboot my internet... That just feels so wrong," a Reddit user who said he lives in Arizona posted earlier this month, along with an error message saying "Offline: Thermal shutdown" and "Starlink will reconnect after cooling down". 
 
SpaceX President Gwynne Shotwell in April said the firm has 'a lot of work to do to make the network reliable'. The company on Tuesday did not have an immediate comment. 
 
Service should improve with more satellites and other improvements: Starlink has launched over 1,700 of its 260 kilogram satellites so far, and envisions more than 40,000. 
 
The economics are daunting nonetheless. Musk has said Starlink could serve less than 5% of internet users and still generate $30 billion a year in revenue. Critics called that wishful thinking. 
 
"Is the demand there for tens of millions of subscribers at that price point?" asked analyst Tim Farrar, president at TMF Associates. "In most parts of the world, if you said to someone, your broadband service will cost you 100 US&nbsp;dollars a month, they'd be like, incredulous." 
 
He said there might be wealthy people in isolated areas, "but there's just not very many of those people". 
 
He said Starlink would also struggle for enough capacity to support that level of demand, especially as people are consuming more data for video streaming. That would mean "significant additional expenditure on upgrading the satellites and adding more satellites."

Don Joyce, a Nokia director working from home at a remote lake cottage in Canada, recently abandoned his painfully slow phone-line internet in favour of satellite broadband service Starlink, offered by Elon Musk's SpaceX.

Don Joyce, a Nokia director working from home at a remote lake cottage in Canada, recently abandoned his painfully slow phone-line internet in favour of satellite broadband service Starlink, offered by Elon Musk's SpaceX. Starlink, which cost him C$600 dollars (US$486) for hardware and a lofty C$150 monthly subscription, provides 'blindingly fast' speeds when uploading videos or streaming movies, he said. But the beta test customer said he experiences dropouts during calls on Microsoft Teams and Zoom. "If you're in the city and you have alternatives, I wouldn't recommend it. But if you're in the country, like in the middle of nowhere and you're getting pathetic internet service, then it's definitely a competitor." For billionaire entrepreneur Elon Musk, founder of electric vehicle manufacturer Tesla Inc, the success of one of his biggest bets may come down to just how many people like Joyce are out there. Musk on Tuesday is expected to discuss Starlink's progress in a speech at the Mobile World Congress telecommunications event, an audience with a lot at stake in the fate of Starlink. If the service is successful, it could vastly expand the reach of broadband internet around the world, connect Tesla vehicles, and even provide a new platform for traders and others with exotic internet needs, people familiar with the Starlink plan said. But to do that, it must avoid the fate of similar satellite ventures that have preceded it. "Not bankrupt, that would be a big step," Musk said last year. "That's our goal." SpaceX's Starlink division launched its 'Better Than Nothing Beta program' in the United States last October, with data speeds up to a competitive 150 megabits per second. Early reviews are mixed, with some users complaining of the problems that have always plagued satellite internet: sensitivity to weather. Recent heat waves have caused new problems. "I'm gonna have to spray it with a garden hose to reboot my internet... That just feels so wrong," a Reddit user who said he lives in Arizona posted earlier this month, along with an error message saying "Offline: Thermal shutdown" and "Starlink will reconnect after cooling down". SpaceX President Gwynne Shotwell in April said the firm has 'a lot of work to do to make the network reliable'. The company on Tuesday did not have an immediate comment. Service should improve with more satellites and other improvements: Starlink has launched over 1,700 of its 260 kilogram satellites so far, and envisions more than 40,000. The economics are daunting nonetheless. Musk has said Starlink could serve less than 5% of internet users and still generate $30 billion a year in revenue. Critics called that wishful thinking. "Is the demand there for tens of millions of subscribers at that price point?" asked analyst Tim Farrar, president at TMF Associates. "In most parts of the world, if you said to someone, your broadband service will cost you 100 US dollars a month, they'd be like, incredulous." He said there might be wealthy people in isolated areas, "but there's just not very many of those people". He said Starlink would also struggle for enough capacity to support that level of demand, especially as people are consuming more data for video streaming. That would mean "significant additional expenditure on upgrading the satellites and adding more satellites."

Musk set to tout Starlink progress as cost, demand hurdles linger

Internationally-renowned <a href="https://www.wionews.com/topics/elon-musk">Elon Musk’s</a> electric car company, <a href="https://www.wionews.com/topics/tesla">Tesla</a>, has begun recruiting for leadership roles in India.

After it was announced that Tesla will be breaking the ground and setting up facilities in India, the company has also started hiring senior-level employees for leadership roles in India, media reports claim.

Also read |&nbsp;<a href="https://www.wionews.com/technology/is-teslas-elon-musk-a-master-manipulator-of-markets-389229">Is Tesla’s Elon Musk a master manipulator of markets?</a>

It has also been rumoured that Prashanth Menon, a software engineer by profession, who has been working with Tesla for nearly four years, will be promoted to India's CEO.

As of now, the state government of Karnataka has revealed that Tesla will be setting up a facility in the suburbs of Bangalore, a famous tech-city in the country. However, Tesla has not yet confirmed the news.

Also read |&nbsp;<a href="https://www.wionews.com/trending/would-dinosaurs-be-alive-if-they-had-spaceships-tech-mogul-elon-musk-believes-so-388379" hreflang="en">Would dinosaurs be alive if they had spaceships? Tech mogul Elon Musk believes so</a>

Experts believe the company is currently observing the Indian government’s stand on the goods and sales tax that can help Tesla finalise its plans.

It has also been rumoured that soon launch Elon Musk-owned Tesla will launch a drive-in food chain across the US, in the locations of Supercharger. Local reports stated that an application has been submitted to the&nbsp;United States Patent and Trademark Office, which will cover the areas of "Restaurant services, pop-up restaurant services, self-service restaurant services, take-out restaurant services".

However, the reports have not yet been verified by the company or the serial tweeter, Elon Musk, yet.

Internationally-renowned Elon Musk’s electric car company, Tesla, has begun recruiting for leadership roles in India. After it was announced that Tesla will be breaking the ground and setting up facilities in India, the company has also started hiring senior-level employees for leadership roles in India, media reports claim.

Internationally-renowned Elon Musk’s electric car company, Tesla, has begun recruiting for leadership roles in India. After it was announced that Tesla will be breaking the ground and setting up facilities in India, the company has also started hiring senior-level employees for leadership roles in India, media reports claim. Also read | Is Tesla’s Elon Musk a master manipulator of markets? It has also been rumoured that Prashanth Menon, a software engineer by profession, who has been working with Tesla for nearly four years, will be promoted to India's CEO. As of now, the state government of Karnataka has revealed that Tesla will be setting up a facility in the suburbs of Bangalore, a famous tech-city in the country. However, Tesla has not yet confirmed the news. Also read | Would dinosaurs be alive if they had spaceships? Tech mogul Elon Musk believes so Experts believe the company is currently observing the Indian government’s stand on the goods and sales tax that can help Tesla finalise its plans. It has also been rumoured that soon launch Elon Musk-owned Tesla will launch a drive-in food chain across the US, in the locations of Supercharger. Local reports stated that an application has been submitted to the United States Patent and Trademark Office, which will cover the areas of "Restaurant services, pop-up restaurant services, self-service restaurant services, take-out restaurant services". However, the reports have not yet been verified by the company or the serial tweeter, Elon Musk, yet.

Elon Musk's Tesla begins hiring in India: Reports

Bitcoin dropped to a three-month low on Monday as investors sold cryptocurrencies in the wake of Tesla boss Elon Musk's hinting over the weekend that the carmaker is considering to shed or may have already sold some of its bitcoin holdings.&nbsp;

Musk has boosted crypto markets with his enthusiasm for the asset class, but has lately roiled trade by appearing to cool on bitcoin in favour of its one-time parody, dogecoin. The gyrations are beginning to spook even steeled traders.&nbsp;

"This has gone from clear FOMO (fear of missing out) to fear of not getting out, and you’re seeing a lot of people dumping," said Chris Weston of brokerage Pepperstone in Melbourne, adding that he was looking at the 200-day moving average just below $40,000 as the next key test for bitcoin.&nbsp;

"Why would I want to buy bitcoin right now, even if I’m bullish, until the liquidation is over and you see some consolidation in price?"&nbsp;

Bitcoin fell more than 9% on Monday to as low as $42,185, its lowest since February 8, while ether, linked to the ethereum blockhain, fell even more to as low as $3,123.94. Dogecoin fell nearly 7% to $0.48, and all three are well under recent records.&nbsp;

On Wednesday, Musk said Tesla would stop taking bitcoin as payment, owing to environmental concerns about energy use to process transactions. Defending that decision on Sunday, he suggested Tesla may have sold its own holdings.&nbsp;

In response to an unverified Twitter account called @CryptoWhale, which said, "Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of their #Bitcoin holdings. With the amount of hate @elonmusk is getting, I wouldn't blame him...," Musk wrote: "Indeed". &nbsp;

It is not clear whether he was confirming sales or whether he referred only to the fact that he had faced criticism.&nbsp;

Musk said Tesla would not sell its bitcoin, but the cryptocurrency has dropped by almost a quarter since Musk's reversal on Tesla taking it as payment.&nbsp;

On Tuesday, it was reported that Tesla is seeking to enter the multi-billion dollar US renewable credit market, hoping to profit from the Biden administration's march towards new zero-emission goals.&nbsp;

Dogecoin is also yet to fully recover from Musk describing it as a 'hustle’, although he did boost the price last week by saying he was working to improve its efficiency.&nbsp;

For an asset class that has surged this year, with dogecoin up about a hundredfold, ether up more than fourfold and bitcoin gaining 45%, some are beginning to call time on the wild ride.&nbsp;

"Our weekend trading has kicked up, and we`re looking at some serious liquidations through the exchanges," said Pepperstone's Weston.&nbsp;

"I am closing the short-bitcoin/long-ethereum trade and moving to the sidelines," he added. "I feel the dust really needs to settle here." &nbsp;

(With inputs from agencies)&nbsp;

Bitcoin dropped to a three-month low on Monday as investors sold cryptocurrencies in the wake of Tesla boss Elon Musk's hinting over the weekend that the carmaker is considering to shed or may have already sold some of its bitcoin holdings.

Bitcoin dropped to a three-month low on Monday as investors sold cryptocurrencies in the wake of Tesla boss Elon Musk's hinting over the weekend that the carmaker is considering to shed or may have already sold some of its bitcoin holdings. Musk has boosted crypto markets with his enthusiasm for the asset class, but has lately roiled trade by appearing to cool on bitcoin in favour of its one-time parody, dogecoin. The gyrations are beginning to spook even steeled traders. "This has gone from clear FOMO (fear of missing out) to fear of not getting out, and you’re seeing a lot of people dumping," said Chris Weston of brokerage Pepperstone in Melbourne, adding that he was looking at the 200-day moving average just below $40,000 as the next key test for bitcoin. "Why would I want to buy bitcoin right now, even if I’m bullish, until the liquidation is over and you see some consolidation in price?" Bitcoin fell more than 9% on Monday to as low as $42,185, its lowest since February 8, while ether, linked to the ethereum blockhain, fell even more to as low as $3,123.94. Dogecoin fell nearly 7% to $0.48, and all three are well under recent records. On Wednesday, Musk said Tesla would stop taking bitcoin as payment, owing to environmental concerns about energy use to process transactions. Defending that decision on Sunday, he suggested Tesla may have sold its own holdings. In response to an unverified Twitter account called @CryptoWhale, which said, "Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of their #Bitcoin holdings. With the amount of hate @elonmusk is getting, I wouldn't blame him...," Musk wrote: "Indeed". It is not clear whether he was confirming sales or whether he referred only to the fact that he had faced criticism. Musk said Tesla would not sell its bitcoin, but the cryptocurrency has dropped by almost a quarter since Musk's reversal on Tesla taking it as payment. On Tuesday, it was reported that Tesla is seeking to enter the multi-billion dollar US renewable credit market, hoping to profit from the Biden administration's march towards new zero-emission goals. Dogecoin is also yet to fully recover from Musk describing it as a 'hustle’, although he did boost the price last week by saying he was working to improve its efficiency. For an asset class that has surged this year, with dogecoin up about a hundredfold, ether up more than fourfold and bitcoin gaining 45%, some are beginning to call time on the wild ride. "Our weekend trading has kicked up, and we`re looking at some serious liquidations through the exchanges," said Pepperstone's Weston. "I am closing the short-bitcoin/long-ethereum trade and moving to the sidelines," he added. "I feel the dust really needs to settle here." (With inputs from agencies)

Bitcoin hits three-month low as Musk drives investors to exit 

SpaceX is preparing to carry four astronauts to a crowded International Space Station on Thursday, in the second routine mission since the United States resumed a crewed space flight and the first with a European.

Liftoff is planned for 6:11 am Eastern Time (1011 GMT) on April 22, from NASA's Kennedy Space Center in Florida.

The mission, called Crew-2, involves US astronauts Shane Kimbrough and Megan McArthur, along with the Japan Aerospace Exploration Agency (JAXA)'s Akihiko Hoshide, and the European Space Agency (ESA)'s Thomas Pesquet.

All have flown to space previously.

ESA has dubbed the mission "Alpha" after the star Alpha Centauri, the closest star system to our own.

Elon Musk's SpaceX has firmly established itself as NASA's favoured transportation provider as the agency waits on Boeing's troubled Starliner capsule to carry out key tests.

SpaceX's first crewed test flight in May 2020 ended nine years of American reliance on Russian rockets for rides to the ISS following the demise of the Space Shuttle program.

Thursday's flight will reuse the booster rocket used in the Crew-1 mission -- a first -- and the Crew Dragon capsule will be the same as that used in the test mission.

Speaking to reporters ahead of the mission, Pesquet said his participation underscored Europe's commitment to space flight.

"It means a lot for us as an agency because we've been part of the ISS program for 20 years now and we intend to be part of what's coming next," said the Frenchman, referring to future partnerships including the Artemis program to the Moon.

Crowded lodgings

Pesquet told AFP he was excited to ride in the futuristic and fully autonomous Crew Dragon, which was markedly different from the Russian Soyuz spaceship he had previously flown.

"The way it's laid out, it's just fantastic, you know all the time what's going on," he said.

"On Soyuz, it's unbelievably reliable, but you had to make sense of all that information that was... disseminated at every corner of the control panel, with digital gauges, analogue gauges, and you had to make sense of this and that's why the training was much longer."

The four astronauts will overlap for a few days with the crew of Crew-1 before that team returns from its six-month mission.

With three Russians on board, the station is set to become unusually crowded, accommodating no fewer than 11 people.

Pesquet and Hoshide planned to liven up the cuisine with national dishes from their home countries.

Pesquet for his part divulged one of the meals was crepe Suzette -- a quintessentially French dessert.

Mini brains

During their mission, the crew will be tasked with carrying out numerous scientific experiments, with Pesquet singling out one examining the effects of weightlessness on brain organoids -- mini-brains created using stem cell technology -- as a favourite.

Scientists hope this research can eventually help space agencies prepare for distance space missions which will expose crews to the rigours of space for long periods, and even help fight brain disease here on Earth.

"It sounds like science fiction to me," joked the aerospace engineer.

Another important element of the mission is upgrading the station's solar power system by installing new compact panels that roll open like a huge yoga mat.

Crew-2's launch day coincides with Earth Day, and by the time the crew returns they will have also contributed to environmental research by taking 1.5 million images of phenomena like artificial lighting at night, algal blooms, and the breakdown of Antarctic ice shelves.

SpaceX is preparing to carry four astronauts to a crowded International Space Station on Thursday, in the second routine mission since the United States resumed a crewed space flight and the first with a European.

SpaceX is preparing to carry four astronauts to a crowded International Space Station on Thursday, in the second routine mission since the United States resumed a crewed space flight and the first with a European. Liftoff is planned for 6:11 am Eastern Time (1011 GMT) on April 22, from NASA's Kennedy Space Center in Florida. The mission, called Crew-2, involves US astronauts Shane Kimbrough and Megan McArthur, along with the Japan Aerospace Exploration Agency (JAXA)'s Akihiko Hoshide, and the European Space Agency (ESA)'s Thomas Pesquet. All have flown to space previously. ESA has dubbed the mission "Alpha" after the star Alpha Centauri, the closest star system to our own. Elon Musk's SpaceX has firmly established itself as NASA's favoured transportation provider as the agency waits on Boeing's troubled Starliner capsule to carry out key tests. SpaceX's first crewed test flight in May 2020 ended nine years of American reliance on Russian rockets for rides to the ISS following the demise of the Space Shuttle program. Thursday's flight will reuse the booster rocket used in the Crew-1 mission -- a first -- and the Crew Dragon capsule will be the same as that used in the test mission. Speaking to reporters ahead of the mission, Pesquet said his participation underscored Europe's commitment to space flight. "It means a lot for us as an agency because we've been part of the ISS program for 20 years now and we intend to be part of what's coming next," said the Frenchman, referring to future partnerships including the Artemis program to the Moon. Crowded lodgings Pesquet told AFP he was excited to ride in the futuristic and fully autonomous Crew Dragon, which was markedly different from the Russian Soyuz spaceship he had previously flown. "The way it's laid out, it's just fantastic, you know all the time what's going on," he said. "On Soyuz, it's unbelievably reliable, but you had to make sense of all that information that was... disseminated at every corner of the control panel, with digital gauges, analogue gauges, and you had to make sense of this and that's why the training was much longer." The four astronauts will overlap for a few days with the crew of Crew-1 before that team returns from its six-month mission. With three Russians on board, the station is set to become unusually crowded, accommodating no fewer than 11 people. Pesquet and Hoshide planned to liven up the cuisine with national dishes from their home countries. Pesquet for his part divulged one of the meals was crepe Suzette -- a quintessentially French dessert. Mini brains During their mission, the crew will be tasked with carrying out numerous scientific experiments, with Pesquet singling out one examining the effects of weightlessness on brain organoids -- mini-brains created using stem cell technology -- as a favourite. Scientists hope this research can eventually help space agencies prepare for distance space missions which will expose crews to the rigours of space for long periods, and even help fight brain disease here on Earth. "It sounds like science fiction to me," joked the aerospace engineer. Another important element of the mission is upgrading the station's solar power system by installing new compact panels that roll open like a huge yoga mat. Crew-2's launch day coincides with Earth Day, and by the time the crew returns they will have also contributed to environmental research by taking 1.5 million images of phenomena like artificial lighting at night, algal blooms, and the breakdown of Antarctic ice shelves.

SpaceX to take 4 astronauts to International Space Station on Thursday

Billionaire entrepreneur&nbsp;Elon&nbsp;Musk's neuroscience startup Neuralink released footage on Friday&nbsp;that it says shows a macaque monkey playing video games using a brain-computer interface implant.

The three-minute video released by the San Francisco-based company shows a male monkey called Pager with Neuralink chips implanted on each side of its brain, using a joystick to follow a cursor on a screen.

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Monkey MindPong <a href="https://t.co/7zstTZ1X1w">https://t.co/7zstTZ1X1w</a> <a href="https://t.co/GYrYNsJ68u">pic.twitter.com/GYrYNsJ68u</a>
— Neuralink (@neuralink) <a href="https://twitter.com/neuralink/status/1380303902139031553?ref_src=twsrc%5Etfw">April 8, 2021</a></blockquote>
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The voice-over explains that Neuralink records from more than 2000 electrodes implanted in the regions of the monkey's motor cortex that coordinate hand and arm movements.

"Using these data, we calibrate the decoder by mathematically modelling the relationship between patterns of neural activity and the different joystick movements they produce. After only a few minutes of calibration, we can use the output from the decoder to move the cursor instead of the joystick," the voice-over says.

The monkey still moves the joystick out of habit, but the scientists have unplugged it; Pager is controlling the cursor entirely with decoded neural activity.

The video goes on to show Pager playing 'Mind Pong'; controlling his paddle simply by thinking about moving his hand up or down.

The voice-over adds: "He's focussed and he's playing entirely of his own volition. It's not magic. The reason Neuralink works is because it's recording and decoding electrical signals from the brain."

Co-founded by&nbsp;Musk&nbsp;in 2016, Neuralink aims to implant wireless brain-computer interfaces that include thousands of electrodes in the most complex human organ to help cure neurological conditions like Alzheimer's, dementia and spinal cord injuries and ultimately fuse humankind with artificial intelligence.

In August 2020,&nbsp;Musk&nbsp;unveiled a pig with a Neuralink chip installed, at the time describing it as "a Fitbit in your skull".

Musk&nbsp;has a history of bringing together diverse experts to drastically accelerate the development of innovations previously limited to academic labs, including rocket, hyperloop and electrical vehicle technologies through companies such as Tesla Inc and SpaceX.

Billionaire entrepreneur Elon Musk's neuroscience startup Neuralink released footage on Friday that it says shows a macaque monkey playing video games using a brain-computer interface implant.

Billionaire entrepreneur Elon Musk's neuroscience startup Neuralink released footage on Friday that it says shows a macaque monkey playing video games using a brain-computer interface implant. The three-minute video released by the San Francisco-based company shows a male monkey called Pager with Neuralink chips implanted on each side of its brain, using a joystick to follow a cursor on a screen. Monkey MindPong https://t.co/7zstTZ1X1w pic.twitter.com/GYrYNsJ68u — Neuralink (@neuralink) April 8, 2021 × The voice-over explains that Neuralink records from more than 2000 electrodes implanted in the regions of the monkey's motor cortex that coordinate hand and arm movements. "Using these data, we calibrate the decoder by mathematically modelling the relationship between patterns of neural activity and the different joystick movements they produce. After only a few minutes of calibration, we can use the output from the decoder to move the cursor instead of the joystick," the voice-over says. The monkey still moves the joystick out of habit, but the scientists have unplugged it; Pager is controlling the cursor entirely with decoded neural activity. The video goes on to show Pager playing 'Mind Pong'; controlling his paddle simply by thinking about moving his hand up or down. The voice-over adds: "He's focussed and he's playing entirely of his own volition. It's not magic. The reason Neuralink works is because it's recording and decoding electrical signals from the brain." Co-founded by Musk in 2016, Neuralink aims to implant wireless brain-computer interfaces that include thousands of electrodes in the most complex human organ to help cure neurological conditions like Alzheimer's, dementia and spinal cord injuries and ultimately fuse humankind with artificial intelligence. In August 2020, Musk unveiled a pig with a Neuralink chip installed, at the time describing it as "a Fitbit in your skull". Musk has a history of bringing together diverse experts to drastically accelerate the development of innovations previously limited to academic labs, including rocket, hyperloop and electrical vehicle technologies through companies such as Tesla Inc and SpaceX.

Elon Musk's neuroscience startup Neuralink shows monkey playing video games via brain chip

Tesla Inc shares slid 8.6 per cent on Monday wiping out over $15 billion of Elon <a href="https://www.wionews.com/world/moo-away-french-villagers-deny-permission-to-elon-musk-for-installing-starlinks-antennas-364966">Musk's</a> net worth after the billionaire commented over the weekend that the prices of Bitcoin and smaller rival Ether “do seem high.”

Watch:

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Last week, <a href="https://www.wionews.com/business-economy/bitcoin-rises-above-50000-for-the-first-time-ever-364063">Bitcoin </a>prices had reached an all-time high at $55.155 after several corporate giants had embraced the digital unit with the entire market worth at $1.015 trillion.

<a href="https://www.wionews.com/business-economy/bitcoin-approaches-50000-wider-adoption-fuels-record-rally-363623">Bitcoin</a> had blasted past $50,000 last Tuesday, a week after Tesla revealed it had invested $1.5 billion in the unit. At the time, Musk had said &nbsp;"fiat currency has negative real interest, only a fool wouldn't look elsewhere."

Musk's sought after car company Tesla had earlier unveiled plans to accept cryptocurrency from customers buying its vehicles. Just 12 years old, bitcoin has rocketed since last March when it stood at $5,000.

"In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash," Tesla said, adding," "we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other assets as specified in the future, &nbsp;also begin accepting bitcoin as a form of payment for our products in the near future," Tesla had said.

However, Tesla had acknowledged to the SEC&nbsp;that digital assets "may continue to be highly volatile" and vulnerable to "malicious" technology-based attacks.

Musk had earlier briefly changed his Twitter bio to read #bitcoin and had taken to social media to promote dogecoin.

Tesla Inc shares slid 8.6 per cent on Monday wiping out over $15 billion of Elon Musk's net worth after the billionaire commented over the weekend that the prices of Bitcoin and smaller rival Ether “do seem high.

Tesla Inc shares slid 8.6 per cent on Monday wiping out over $15 billion of Elon Musk's net worth after the billionaire commented over the weekend that the prices of Bitcoin and smaller rival Ether “do seem high.” Watch: Last week, Bitcoin prices had reached an all-time high at $55.155 after several corporate giants had embraced the digital unit with the entire market worth at $1.015 trillion. Bitcoin had blasted past $50,000 last Tuesday, a week after Tesla revealed it had invested $1.5 billion in the unit. At the time, Musk had said "fiat currency has negative real interest, only a fool wouldn't look elsewhere." Musk's sought after car company Tesla had earlier unveiled plans to accept cryptocurrency from customers buying its vehicles. Just 12 years old, bitcoin has rocketed since last March when it stood at $5,000. "In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash," Tesla said, adding," "we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other assets as specified in the future, also begin accepting bitcoin as a form of payment for our products in the near future," Tesla had said. However, Tesla had acknowledged to the SEC that digital assets "may continue to be highly volatile" and vulnerable to "malicious" technology-based attacks. Musk had earlier briefly changed his Twitter bio to read #bitcoin and had taken to social media to promote dogecoin.

Tesla chief Elon Musk loses $15 billion in a day after Bitcoin warning

Bitcoin jumped 14 per cent in Friday to attain two-week high after Tesla chief Elon Musk tagged the cryptocurrency on Twitter. Elon Musk has tagged the cryptocurrency in his Twitter biography. He simply wrote "#bitcoin" in his biography on the social media site. The cryptocurrency was trading at $37,800 as of 0936 GMT.

Elon Musk is known for making market-moving comments on Twitter.

GameStop Corp , which has been at the centre of retail trading frenzy, surged 50% on Tuesday after Musk tweeted "Gamestonk!!", along with a link to the Reddit Wallstreetbets stock trading discussion group.

Musk, in December, asked about possibility of converting "large transactions" of Tesla's balance sheet into bitcoin. He said this during Twitter exchange with a well-known advocate for bitcoin.

(With Reuters inputs)

Bitcoin jumped 14 per cent in Friday to attain two-week high after Tesla chief Elon Musk tagged the cryptocurrency on Twitter. Elon Musk has tagged the cryptocurrency in his Twitter biography.

Bitcoin jumped 14 per cent in Friday to attain two-week high after Tesla chief Elon Musk tagged the cryptocurrency on Twitter. Elon Musk has tagged the cryptocurrency in his Twitter biography. He simply wrote "#bitcoin" in his biography on the social media site. The cryptocurrency was trading at $37,800 as of 0936 GMT. Elon Musk is known for making market-moving comments on Twitter. GameStop Corp , which has been at the centre of retail trading frenzy, surged 50% on Tuesday after Musk tweeted "Gamestonk!!", along with a link to the Reddit Wallstreetbets stock trading discussion group. Musk, in December, asked about possibility of converting "large transactions" of Tesla's balance sheet into bitcoin. He said this during Twitter exchange with a well-known advocate for bitcoin. (With Reuters inputs)

Bitcoin jumps 14 per cent to two-week high after Elon Musk tag

Tesla Inc on Saturday reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year goal during a punishing year for the global auto industry.

Tesla 2020 deliveries beat estimates, but fall just short of Musk's target

Bill Gates is no longer the world's second-richest person. Now, Elon Musk is&nbsp;the world’s second-richest person, after overtaking Gates on Monday.

The Tesla co-founder’s net worth jumped to $127.9 billion, clocking in an increase of $7.2 million, which was partly caused by an upsurge in Tesla’s shares.

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According to Bloomberg Billionaires Index, Musk has added $100.3 billion to his net worth just in 2020.

Also read:&nbsp;<a href="http://13.235.153.162/world/elon-musks-tesla-factory-workers-counted-as-essential-workers-344684" hreflang="en">Elon Musk's Tesla factory workers counted as 'essential workers'</a>

A report published in Fortune posits that Elon Musk’s accumulation of wealth was largely caused by Tesla. Over three-quarters of his earnings were caused by Tesla.

Musk’s Tesla shares are valued over four more times more than his SpaceX shares.

For years, Bill Gates was the richest person in the world, before Amazon’s founder Jeff Bezos overtook his position in 2017. Currently, Gates’ net worth is $127.7 billion.

Gates’ dip in earnings is reportedly owing to his philanthropy and charity. Since 2006, Bill Gates has donated over $27 billion to Bill &amp; Melinda Gates Foundation.

Also read:&nbsp;<a href="http://13.235.153.162/world/elon-musks-tesla-launches-tequila-250-worth-tequila-called-teslaquilla-341054" hreflang="en">Elon Musk's Tesla launches tequila $250 worth tequila called 'Teslaquilla'</a>

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He has no clue
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1304792315634966529?ref_src=twsrc%5Etfw">September 12, 2020</a></blockquote>
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Recently, Musk had mocked Bill Gates, claiming Gates had no knowledge of electric cards. When he was asked on Twitter by a user what his&nbsp; opinion&nbsp; was “about Bill Gates' declarations” on electric trucks, he said that Gates “has no clue”.

In February 2020, Gates had claimed that he wasn’t going to buy a Tesla made car. Musk responded and claimed that his conversations with Gates were rather “underwhelming”.

Bill Gates is no longer the world's second-richest person. Now, Elon Musk is the world’s second-richest person, after overtaking Gates on Monday. The Tesla co-founder’s net worth jumped to $127.

Bill Gates is no longer the world's second-richest person. Now, Elon Musk is the world’s second-richest person, after overtaking Gates on Monday. The Tesla co-founder’s net worth jumped to $127.9 billion, clocking in an increase of $7.2 million, which was partly caused by an upsurge in Tesla’s shares. According to Bloomberg Billionaires Index, Musk has added $100.3 billion to his net worth just in 2020. Also read: Elon Musk's Tesla factory workers counted as 'essential workers' A report published in Fortune posits that Elon Musk’s accumulation of wealth was largely caused by Tesla. Over three-quarters of his earnings were caused by Tesla. Musk’s Tesla shares are valued over four more times more than his SpaceX shares. For years, Bill Gates was the richest person in the world, before Amazon’s founder Jeff Bezos overtook his position in 2017. Currently, Gates’ net worth is $127.7 billion. Gates’ dip in earnings is reportedly owing to his philanthropy and charity. Since 2006, Bill Gates has donated over $27 billion to Bill & Melinda Gates Foundation. Also read: Elon Musk's Tesla launches tequila $250 worth tequila called 'Teslaquilla' He has no clue — Elon Musk (@elonmusk) September 12, 2020 × Recently, Musk had mocked Bill Gates, claiming Gates had no knowledge of electric cards. When he was asked on Twitter by a user what his opinion was “about Bill Gates' declarations” on electric trucks, he said that Gates “has no clue”. In February 2020, Gates had claimed that he wasn’t going to buy a Tesla made car. Musk responded and claimed that his conversations with Gates were rather “underwhelming”.

Bill Gates is no longer world's second-richest person

After he vowed to sell off&nbsp; his private property, Elon Musk recently sold his 16.000 square-foot mansion in Bel Air.

The Wall Street Journal reported that the mansion was sold for $29 million, 40 per cent over the price at which Musk had acquired it.

Also read:&nbsp;<a href="/world/artist-turns-elon-musks-tweets-into-light-hearted-colouring-book-306940" hreflang="en">Artist turns Elon Musk's tweets into light-hearted colouring book</a>

Located at 10911 Chalon Road, the property was bought by William Ding, a Chinese billionaire and the founder of NetEase, a technology company.

The SpaceX co-founder has constantly called for breaking up big corporations and for redistribution of wealth, all the while promoting travel to space, and with grand plans to put humans on Mars!

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I am selling almost all physical possessions. Will own no house.
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1256239554148724737?ref_src=twsrc%5Etfw">May 1, 2020</a></blockquote>
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Musk had bought the property for $17 million in 2012.&nbsp; This is part of Musk’s plans to discard his real estate and to “own no house”.

As part of this plan, the billionaire has listen the neighbouring home on the market for $10 million. Following this, he listen five more houses, for a combined price of a whooping $97.5 million.

Also read:&nbsp;<a href="/science/spacexs-envisioned-machinery-will-not-only-take-us-to-mars-but-reduce-travel-time-on-earth-tremendously-306615" hreflang="en">SpaceX's envisioned machinery will not only take us to Mars, but reduce travel time on Earth tremendously!</a>

Aiming for a “simpler” life, Musk intends to get rid of all his private properties.

Currently, his company is working on cementing the basics for space travel, to the Moon, and eventually Mars. Additionally, the company is developing hypersonic travel to tremendously cut down on international travel time, reducing most routes to just two hours per flight. According to plans, these futuristic machines will fly just at the edge of the atmosphere, or just outside of it, to tremendously step up the speed.

After he vowed to sell off his private property, Elon Musk recently sold his 16.000 square-foot mansion in Bel Air. The Wall Street Journal reported that the mansion was sold for $29 million, 40 per cent over the price at which Musk had acquired it.

After he vowed to sell off his private property, Elon Musk recently sold his 16.000 square-foot mansion in Bel Air. The Wall Street Journal reported that the mansion was sold for $29 million, 40 per cent over the price at which Musk had acquired it. Also read: Artist turns Elon Musk's tweets into light-hearted colouring book Located at 10911 Chalon Road, the property was bought by William Ding, a Chinese billionaire and the founder of NetEase, a technology company. The SpaceX co-founder has constantly called for breaking up big corporations and for redistribution of wealth, all the while promoting travel to space, and with grand plans to put humans on Mars! I am selling almost all physical possessions. Will own no house. — Elon Musk (@elonmusk) May 1, 2020 × Musk had bought the property for $17 million in 2012. This is part of Musk’s plans to discard his real estate and to “own no house”. As part of this plan, the billionaire has listen the neighbouring home on the market for $10 million. Following this, he listen five more houses, for a combined price of a whooping $97.5 million. Also read: SpaceX's envisioned machinery will not only take us to Mars, but reduce travel time on Earth tremendously! Aiming for a “simpler” life, Musk intends to get rid of all his private properties. Currently, his company is working on cementing the basics for space travel, to the Moon, and eventually Mars. Additionally, the company is developing hypersonic travel to tremendously cut down on international travel time, reducing most routes to just two hours per flight. According to plans, these futuristic machines will fly just at the edge of the atmosphere, or just outside of it, to tremendously step up the speed.

On a quest for 'simpler life', Elon Musk begins selling his private property

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