The Economic Times
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| 20 January, 2021, 09:29 AM IST | E-Paper

    Elon Musk confirms Tesla's India launch on Twitter

    "As promised," Elon Musk tweeted in response to a thread linked to a blog that analysed how India could still be a market to be developed for Tesla cars despite its high prices.

    Once Elon Musk had no money to get his car repaired

    On January 11, Twitter user @PPathole tweeted: @elonmusk in 1995, fixing his car by himself as he couldn't afford to pay for repairs. Turns out, Elon Musk's first car was a pre-owned 1978 BMW 320i that he purchased in 1993.

    Another Signal gains after Elon Musk’s tweet

    A two-word endorsement by Elon Musk has boosted downloads of Signal app, as well the stock of US-based medical devices maker Signal Advance Inc. by nearly 12,000%.

    Elon Musk's girlfriend Grimes says she 'finally' has Covid-19

    The 32-year-old musician shared the news on Instagram.

    Elon Musk is now the world's wealthiest person following Tesla's meteoric rise

    According to a report by AFP, whether the topic is transforming the automobile or conquering the next frontier of space, Elon Musk has shown a knack for captivating an audience beyond investors and science geeks. The brash Tesla CEO, now the world's wealthiest person following the electric automaker's meteoric rise, was the quintessential Silicon Valley disruptor -- except he no longer lives in California.

    Elon Musk surpasses Jeff Bezos as world’s richest person

    A 4.8% rally in Tesla’s share price Thursday boosted Musk past Inc. founder Jeff Bezos on the Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest people.

    Elon Musk close to surpassing Bezos as world’s richest person

    Musk’s net worth was $184.5 billion at 11:40am in New York, just shy of Bezos, who has held the top spot since October 2017.

    Apple CEO refused talks to acquire Tesla at $60 billion: Elon Musk

    Tesla CEO Musk said in a tweet that he reached out to Apple during the 'darkest days' of development of his company’s Model 3 to talk about a possible a deal. Musk said he planned to discuss the possibility of selling Tesla to Apple for one-tenth of its current value, indicating a valuation of about $60 billion.

    Signal beeps louder in India as WhatsApp tweaks policy

    Downloads spike after Tesla CEO Musk asks users to join app in a tweet.

    Elon Musk pips Bezos to become world's richest, here are the other three in the top five

    The electric-automaker’s shares recently surged 7.9%, boosting Elon Musk past Amazon founder Jeff Bezos on the Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest people. Musk is now worth $194.8 billion, or $9.5 billion more than Bezos.

    Elon Musk is now world's second wealthiest person

    Elon Musk, the charismatic chief of electric automaker Tesla, has overtaken Bill Gates to become the world's second richest person, according to the Bloomberg list of billionaires.

    Elon Musk's response to becoming the world's wealthiest person: How strange. Well, back to work

    Musk has entered a new stratosphere over the last few years as Tesla has grown and come closer to achieving a mission he said is not purely economic.

    Elon Musk of Tesla pips Amazon's Jeff Bezos to become richest person on the planet

    Elon Musk, the charismatic chief of electric automaker Tesla, has overtaken Amazon's Jeff Bezos to become the world's richest person. The South African-born Musk, 49, added over $3 billion in wealth on Thursday following Tesla's latest surge. The outspoken Musk, who is also cofounder of SpaceX, had already overtaken numerous luminaries in recent weeks, including Facebook Chief Executive Mark Zuckerberg and Bernard Arnault, the head of French luxury giant LVMH.Elon Musk of Tesla pips Amazon's Jeff Bezos to become richest person on the planet

    Tesla CEO Elon Musk relocates to Texas from California

    Musk was involved earlier in a high-profile spat with local California officials over whether Tesla's San Francisco Bay Area factory should stay closed due to coronavirus restrictions.

    Elon Musk says Tesla caused 2/3 of his personal & professional pain, but was worth it

    In the beginning, Musk thought Tesla only had a 10% chance of surviving.

    Seven-year-old boy who adores Elon Musk is sensation on Ugandan aviation scene

    Graham Shema has been interviewed on local television and his name is prefixed in newspapers and on social media with "Captain". Germany's ambassador and the country's transport minister have invited him for meetings.

    Elon Musk says he had once reached out to Apple for acquiring Tesla

    Tesla struggled to ramp up high volume production of the Model 3 sedan during 2017 and 2018, with Musk at the time informing investors the company was mired in "production hell"

    Entry of Tesla in India doesn't worry us: Mercedes-Benz

    Martin Schwenk, who leads Mercedes in India, said his company’s business in India remains on a strong footing and faces no apparent threat from the Elon Musk-run auto giant which has been gaining in scale and market capitalisation over the past few years.

    Zuckerberg’s WhatsApp follies: Tight integration with Facebook is a way of selling your data to advertisers and others

    In India, and in much of the global South, WhatsApp has become the most important form of not only general communication but also political communication. For Facebook, that’s an immense direct subsidy to political parties and governments. Facebook tightly integrates between Facebook, Instagram and WhatsApp because targeted commercial communications are its primary business.

    Can Elon Tesla be Mamata Banerjee’s new Tata in Bengal polls?

    Banerjee dialling Tesla is a big task to ask from Musk.

    WhatsApp with the messaging exodus?

    Signal or Telegram? or a return to the postman or carrier pigeon?

    Who’s richer, who’s richest, rich folks?

    The Musk-Bezos duel has been the spectator sport this week — for spectators.

    Tesla shares worth $1,250 in top scenario: Analyst

    Ives raised his price target for Palo Alto, California-based Tesla to $950 a share from $751 to reflect the stronger demand for electric vehicles. Shares in the world’s leading maker of EVs soared 743% last year and are currently trading at $845.

    US regulator asks Tesla to recall 158,000 cars over safety-related defect

    In the vehicles, failed media control units can result in a car's touchscreen going blank, at which point "a rearview/backup camera image is no longer available to the driver. If this image is not available, the risk of crash increases potentially causing injury or death."

    Whatsapp vs Signal vs Telegram: Here's everything you need to know amid data privacy debate

    Some of India's top entrepreneurs are joining a chorus of technology industry leaders in Silicon Valley, pushing for users to quit WhatsApp and join Signal, a messaging service backed by WhatsApp co-founder Brian Acton. These reactions follow WhatsApp updating its privacy policy and terms of service to share more user data with its parent Facebook. Here's a detailed report by ET NOW's Chandra R Srikanth on Whatsapp vs Signal vs Telegram amid data privacy debate. Watch.Whatsapp vs Signal vs Telegram: Here's everything you need to know amid data privacy debate

    Tesla crosses $800 bn in market cap for first time

    Tesla's market capitalization crossed $800 billion, fortifying its position as Wall Street's fifth most valuable company, above Facebook Inc.

    Signal, Telegram see demand spike as new WhatsApp terms stir debate

    Signal and Telegram messaging apps are seeing a sudden increase in demand after larger rival WhatsApp's updated terms of service raised eyebrows on social media.

    China’s bottled water king is now richer than Warren Buffett

    Zhong, 66, is now the sixth-wealthiest person on the planet. Nongfu shares jumped 18 per cent in the first two trading days of 2021, taking the advance since their September listing to more than 200 per cent. They gained 0.7 per cent on Wednesday.

    Elon Musk’s $139 billion fortune leads massive EV wealth gains

    That doesn’t take into account the ancillary parts required for electric cars. The top shareholders of battery maker Contemporary Amperex Technology Co, for example, are worth $40 billion collectively, up about $23 billion this year.

    Tesla hits record high in first trading session of 2021

    The company on Saturday beat Wall Street targets for annual vehicle deliveries, but missed by 450 units Chief Executive Officer Elon Musk's target of half a million cars in 2020.

    Elon Musk becomes 2nd richest person on planet, overtakes Bill Gates

    Elon Musk, the charismatic chief of electric automaker Tesla, has overtaken Bill Gates to become the world's second richest person, according to the Bloomberg list of billionaires. The South African-born Musk, 49, added $7.2 billion in wealth on Monday alone following Tesla's latest surge. He now has an estimated $128 billion. The outspoken Musk, who is also cofounder of SpaceX, had already overtaken numerous luminaries in recent weeks, including Facebook Chief Executive Mark Zuckerberg and Bernard Arnault, the head of French luxury giant LVMH.Elon Musk becomes 2nd richest person on planet, overtakes Bill Gates

    Maharashtra invites Tesla after Elon Musk hints entry into country

    Earlier this month, Musk said "Next year for sure" on Twitter in reply to a post with a photograph of a T-shirt with the message: "India wants Tesla".

    Elon Musk's Tesla launches 'Full Self Driving' beta to select drivers

    The customers in Tesla's Early Access Programme will receive software updates, which will give drivers access to Autopilot's 'partially' automated driver assistance system on city streets.

    Microsoft, Elon Musk's SpaceX tie up to woo space customers

    Cloud companies have seen a surge in demand this year as more businesses use their services for switching to work from home due to the COVID-19 pandemic.

    Musk leapfrogs Zuckerberg to become world’s third-richest person

    Musk, 49, is poised to become the world’s third-richest person, leapfrogging Mark Zuckerberg, after his net worth swelled by more than $15 billion in extended trading.

    Elon Musk overtakes Bill Gates to grab world’s second-richest ranking

    The 49-year-old entrepreneur’s net worth soared $7.2 billion to $127.9 billion, driven by yet another surge in Tesla’s share price.

    Transport Minister Nitin Gadkari confirms Tesla's India entry in 2021

    ET Auto was the first to report last week that the Elon Musk-backed company will resume bookings for its electric cars in India next month and deliveries will begin by the end of the first quarter of FY22.

    ETAuto Exclusive: Tesla will be here by next June

    After a wait for almost four years, the US electric vehicle giant Tesla is all set to enter India with its best-selling Model 3 by the end of first-quarter financial year 2021-22. Bookings will start anytime soon.

    Musk says it’s ‘Impossible’ to take Tesla private, mulls new IPO

    ​​Tesla shares, which were included in the S&P 500 index this week, have surged eightfold this year ahead of the addition to the benchmark measure. The gain is twice the advance of the next best performer on the gauge.

    Safety first: Facebook to add more account security features next year

    It will allow users to set up physical security keys to verify their identity before logging into the app.

    Glut in satellite-based internet services can hurt industry: Iridium's Matthew Desch

    There is a global race to set up "mega constellations" of satellites to provide high-speed internet, led by Elon Musk’s Starlink, Jeff Bezos's Kuiper and Bharti Enterprises' OneWeb.

    Tesla's rise made 2020 the year the US auto industry went electric

    Tesla's market capitalization surged above $600 billion, making the once wobbly startup founded by billionaire Elon Musk worth more than the five top-selling global vehicle making groups combined.

    High-flying Tesla joins S&P 500; skeptics say buyer beware

    Many investors who drove Tesla's value higher are individuals who bought the stock after a five-for-one split reduced the price of a single share last summer.

    Tesla’s road to the S&P500 was a wild ride, these charts show

    Here are six charts that show what a wild ride it has been, and why the volatility may be far from over.

    Musk adds $9 billion to fortune as Tesla set to join S&P 500

    A late jump in Tesla’s share price pushed Musk’s net worth up almost $9 billion to $167.3 billion, according to the Bloomberg Billionaires Index.

    Tesla shares rise in busy trade ahead of S&P 500 debut

    Elon Musk's Tesla on Monday will become the most valuable company ever admitted to Wall Street's main benchmark, accounting for over 1% of the index. The shares have surged over 60% since mid-November, when its debut in the S&P 500 was announced.

    The quest to replicate Tesla’s success keeps EV mania alive

    For startups aiming to mimic Musk’s success and for traditional carmakers struggling to disrupt themselves, most lingering doubts about future demand for electric vehicles have dissipated.

    Tesla CEO Elon Musk hints at India entry in 2021

    "Next year for sure," he said on Twitter responding to a question if there was any progress with regards to the company's India plans.

    Tesla heads to the S&P after meteoric rise and some investors want more

    Shares of the electric vehicle maker are up nearly 700 per cent over the last year, a meteoric rise that has punished short-sellers and turned it into the world's most highly-valued automaker.

    Tesla joins S&P 500 on Monday after a 700% rally this year

    Tesla will be the most valuable company ever to join the S&P 500 when it makes its debut in Wall Street’s most followed benchmark starting on Monday.

    Oracle's Larry Ellison says he has moved to Hawaii, fleeing California

    The Oracle chairman joins other tech leaders and ultra-wealthy in leaving California, with some pointing to the state’s high taxes

    Are Tesla’s shares worth $90 or $780? Wall Street can’t decide

    Is Tesla an automaker? Or is it a technology company? Or is it some sort of an amalgamation of both?

    Tesla to replace Apartment Investment and Management in the S&P 500 Index

    Apartment Investment and Management will no longer be representative of the S&P Composite 1500 indices market cap ranges, S&P Dow Jones Indices said in a statement.

    SpaceX launches Starship on highest test flight, crash-lands

    It was the highest and most elaborate flight yet for the rocketship that Elon Musk says could carry people to Mars in as little as six years.

    No model for sale here, but India's small investors flock to Tesla stock

    While firms such as Apple, Amazon and Facebook - which have a significant presence in India - are popular among Indian investors venturing into U.S. stocks, data from brokerages shows Tesla has emerged as a new favourite.

    Tesla’s cash haul leaves it in rarefied tier of S&P 500

    The money will help support Tesla’s capital spending, which is expected to double in each of the next two years, as the company focuses on building two car factories — one in Austin, Texas, and its first European plant, near Berlin.

    Coming soon, a self-driving Tesla! Elon Musk touts new version of Autopilot software, cuts battery costs

    Musk said Tesla plans to release a revised 'full self-driving version' of Autopilot in a month.

    Double Dragons: SpaceX launches space station supplies

    SpaceX launched a newer, bigger version of its Dragon supply ship to the International Space Station on Sunday, marking the first time the company has two capsules in orbit at the same time.

    Shantanu Narayen, Ajay Banga named among Fortune Businessperson of the Year 2020

    On Narayen, ranked 8th on the list, Fortune said under his leadership, the 38-year-old provider of design and publishing tools has continued to evolve into a massive subscription-based business.

    Tough times ahead for Tesla? In leaked memo, Musk asks staff to pinch pennies, cut costs to stay afloat

    Vehicle affordability is an issue the CEO has become increasingly concerned about.

    Elon Musk’s option haul swells to $8.8 billion

    Musk cleared the final threshold for a third tranche of his moonshot award, pegged to Tesla’s financial and market value.

    Volkswagen faces leadership crisis as CEO Herbert Diess demands vote of confidence

    The multi-brand car and truck maker is convening its Executive Committee to discuss Herbert Diess's demand for the contract extension, more than a year before his current term comes to an end in 2023, three sources told Reuters on Monday.

    Handmade with love: Nepali takes grandma's socks to the world

    As the brightly coloured pairs stacked up in her cupboard, the 32-year-old felt inspired to share the creations with the world -- co-founding a crafts venture that not only sells such handmade products but also delves into the seldom-told lives of their mostly elderly female makers.

    Tesla, Nikola, Nio and Fisker: Electric carmakers are in a stock market bubble

    Tesla’s market value soared past $540 billion this week — equivalent to 250 times its expected earnings this year — meaning it’s now the world’s 10th-most valuable listed business, according to Bloomberg data.

    Tesla could widen release of 'self-driving' software in two weeks

    In October, Tesla released a beta, or test version, of what it calls a "Full Self Driving" software upgrade to an undisclosed number of "expert, careful" drivers.

    Elon Musk wants YOU to build a brain-computer interface

    Musk, a founder of both the electric car company Tesla Motors and the private space-exploration firm SpaceX, has become an outspoken doomsayer about the threat artificial intelligence might one day pose to the human race.

    A 6-episode series on Elon Musk's SpaceX in works at HBO with Channing Tatum as producer

    The series will be based on Ashlee Vance's book 'Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future'.

    Tesla's upcoming S&P 500 debut fuels 'crazy' trading volume

    One of Wall Street's most loved - and hated - stocks, Tesla was already the U.S. stock market's most traded companies by average daily value, but trading has surged in recent sessions, along with Tesla's stock price.

    SpaceX launches more Starlink satellites for cheaper Internet

    This was SpaceX's 16th Starlink mission and the company has to date launched nearly 1,000 small satellites for its constellation.

    Niti Aayog forms panel to study feasibility of ultrahigh-speed travel in India using hyperloop tech

    The Virgin Hyperloop test run was conducted on a 500-meter track in Las Vegas in the USA with a pod, as the hyperloop vehicles are called, travelling with passengers, including an Indian, inside an enclosed tube at more than 100 mph or 161 kmph.

    Tesla market value crosses $500 billion in meteoric rally

    Shares of the electric-car maker have risen nearly 28% since the S&P Dow Jones Indices decided to add the company to the benchmark index from Dec. 21.

    9 mental models that can help boost your career

    Like any tool, a mental model is neither correct nor effective all the time. However, having many mental models gives you multiple paths to a good result. Here are a few great models to understand and use to supercharge your career.

    Tesla to update Model Y with new battery design & tech, confirms Elon Musk

    The electric automaker will use its Berlin plant to demonstrate a radical overhaul of how its cars are built.

    Elon Musk is now richer than Warren Buffett

    Elon Musk's fortune rose to $6.1 billion on Friday after his company's stock surged 11%. This has made the CEO of Tesla Inc the world's seventh-richest person, defearing Larry Ellison and Sergey Brin.

    Tesla’s S&P 500 debut may spark $8 billion demand

    The electric carmaker’s scheduled Dec. 21 inclusion in the S&P 500 Index could result in $8 billion of demand from active U.S. large-cap mutual funds, analysts at Goldman Sachs Group Inc. wrote in a note on Friday.

    Five Americans who added billions to their wealth during the era of the Trump presidency

    Even after Donald Trump’s tirade against the e-commerce giant, Amazon’s stock value since 2016 has soared more than 300%, thus making Jeff Bezos make about $120 billion.

    Will the stock bubble burst as soon as Tesla joins S&P 500?

    The latest and most dramatic instance of that will happen next month, when the S&P 500 will admit Tesla Inc. through its club doors for the first time.

    Tesla value set to jump $40 billion as S&P 500 beckons

    S&P Dow Jones Indices confirmed after markets closed on Monday that they would add the company to Wall Street's main index from Dec. 21, firing the starting gun on a major reorganization of investment funds that track the basket of stocks.

    'SpaceX, this is Resilience': Four astronauts begin 6-month stay on space station

    In NASA's first full-fledged mission ferrying a crew into orbit on a privately-owned spacecraft, the SpaceX Crew Dragon capsule dubbed Resilience opened its hatch door shortly after 1 a.m. EST (0600 GMT), two hours after docking and 27 hours after launching atop a Falcon 9 rocket from Cape Canaveral, Fla.

    SpaceX capsule with 4 astronauts closes in on International Space Station

    This is the second astronaut mission for SpaceX. But it's the first time Elon Musk's company is delivering a crew for a full half-year station stay. The two-pilot test flight earlier this year lasted two months.

    Tesla to join S&P 500, spark epic index fund trade

    S&P Dow Jones Indices announced that the company would join the S&P 500 index prior to the opening of trading on Dec. 21, potentially in two tranches making it easier for investment funds to digest.

    'One heck of a ride': SpaceX launches astronauts into space

    SpaceX's newly designed Crew Dragon capsule, which the crew has dubbed Resilience, lifted off atop a SpaceX Falcon 9 rocket at 7:27 p.m. eastern time (0027 GMT on Monday) from NASA's Kennedy Space Center in Cape Canaveral, Florida.

    SpaceX launches four astronauts to the International Space Station, kicking off regular crew flights from the U.S.

    The Falcon rocket thundered into the night from Kennedy Space Center with three Americans and one Japanese, the second crew to be launched by SpaceX.

    Billionaires Bezos, Musk & Zuckerberg rode the coronavirus storm to get even richer

    The billionaires of the world amassed fortunes in excess of $10 trillion this year.

    Love him or hate him, Elon Musk is enjoying spectacular run

    SpaceX, the company he founded in 2002, blasted two American astronauts to the International Space Station in late May and brought them safely home in a historic splashdown Sunday, heralding a new age of private-sector space travel.

    Tesla plans cheaper $25,000 electric car within 3 years: Elon Musk

    Elon Musk has said that Tesla plans to produce an electric car with a price tag of $25,000 within the next three years. The aim, said Musk on Battery Day on Tuesday, is to make Tesla electric cars more affordable for the masses. "That will basically be on-par or slightly better than a comparable gasoline car. This has always been our dream to make an affordable electric car," he said during the virtual presentation.Tesla plans cheaper $25,000 electric car within 3 years: Elon Musk

    Tesla's market value plunges after Elon Musk pushes back cheap battery dream by at least three years

    Investors had expected two significant announcements at Musk's oft-touted "Battery Day": The development of a "million mile" battery good for 10 years or more, and a specific cost reduction target -- expressed in dollars per kilowatt-hour -- that would finally drop the price of an electric vehicle below that of a fossil fuel car.

    Elon Musk loses a Titan in six hours as Tesla share price plunges; wealth dips by $16 billion

    Tesla stock plunged 21 per cent in Tuesday’s session, logging its biggest daily percentage drop as the electric carmaker was excluded from a group of companies being added to the S&P 500.

    Tesla CEO Elon Musk says open to supplying batteries to other automakers

    Tesla has previously supplied batteries to Mercedes and Toyota Motor under separate partnership deals. Battery manufacturing is an area that analysts and industry officials say the U.S. electric car maker has a competitive edge compared with legacy automakers.

    Holidays get fun: Tesla Tequila is here at $250

    The agave-based liquor went out of stock on the company's website.

    Meet the group that hacked Twitter accounts of Elon Musk, Barack Obama and others

    Novice investors lost their hard-earned money earlier this week (on July 15) after fake tweets about bitcoin went viral from verified Twitter accounts of big names including former US President Barack Obama, Amazon’s Jeff Bezos and Microsoft’s Bill Gates. As per Arjun Vijay, Co-Founder and COO, Giottus Cryptocurrency Exchange, more than 373 users fell for the scam globally, losing an estimated Rs 89 lakh. An investigation by the New York Times has now revealed some crucial details.

    NASA's moonshot, Boeing, Bezos and Musk have a lot riding on this year's US election

    President Trump's plans to win the race in space call for a 2024 moon mission, and ending direct U.S. financial support for the International Space Station in 2025 - turning over control of the decades-old orbital laboratory to private space companies.

    Tesla surge lifts Elon Musk higher on billionaire list

    Tesla's Elon Musk is on a roll as he further climbs up the billionaire list owing to a whopping jump in Tesla's stock price. Tesla's shares have zoomed up over 250% in 2020.

    Ambani’s wealth beats tech giants Elon Musk and Google founders

    The chairman of RIL, whose wealth surpassed Warren Buffett’s last week, is now worth $72.4 billion, according to the Bloomberg Billionaires Index.

    Billionaire Elon Musk's net worth zooms past Warren Buffett's

    Musk's fortune rose by $6.07 billion following a 10.8% jump in the electric carmaker's stock.

    Musk's SpaceX begins 'Better Than Nothing Beta' test for its Starlink internet at $99 per month

    SpaceX has launched to orbit more than 800 satellites of the several thousand needed to offer broadband internet globally.

    Lockdown strains another romance: California and Elon Musk

    Musk’s showdown with health authorities in California carries real risks. The Fremont plant now has more than 10,000 employees, some enduring marathon commutes from counties outside the San Francisco Bay Area. Packed with machinery and people, it’s not an ideal place for social distancing.

    Microsoft's new tech will spot the fake Jeff Bezos & Elon Musk in disturbingly realistic 'Star Trek' video

    The new tool detects blended elements of an image that human eyes may not have picked up.

    Starlink project takes Musk's SpaceX valuation to $100 billion

    Last week, SpaceX launched 60 more Starlink satellites aboard Falcon 9 rocket to be deployed in low-Earth orbit, bringing the constellation to 788 as the company gears up for a public beta of the affordable satellite broadband service.

    Elon Musk beats Zuckerberg, becomes world's third-richest person after Tesla stock split

    The stock shot up 7.7% by midday to trade above the pre-split record high of $2,238.75 ($447.75 post-split), which it had hit on August 27. The lower price did not change the trajectory of the parabolic uptrend.

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