Category Archives: Elon Musk

Jerry Jones, the Dallas Cowboys owner, and Elon Musk have many things in common. They are both very rich, and on top of that, they are pretty famous among ordinary people. Both of them had humble beginnings and rose to the top because they were not scared of taking risks.

Due to their ability to take risks, they have managed to create an empire and a legacy that will be remembered forever. Both of them have a pretty common interest in one of the fairly early investment trends as well.

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Jerry Jones and Elon Musk are leaning toward investing in the cryptocurrency space. They both think that crypto is the future, and it still isnt much late to jump into it. Elon Musk himself has revealed on various occasions that he is deep into the crypto world. He also revealed that his portfolio largely consists of Bitcoin, Ethereum, and Dogecoin.

On the other hand, Jerry Jones Dallas Cowboys became the first NFL team to have a partnership with a cryptocurrency-based firm. The Cowboys have a partnership with Blockchain.com.

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58-Year Old Sean Payton Will Need Control to Take Over Dallas Cowboys CoachingJob Which Wont Happen as per Hall of Fame TE: Jerry Jones Doesnt Wanna GiveUp Control!

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Talking about it, Jerry Jones said, Blockchain.com is one of the oldest and most trusted digital asset platforms in the world. He adds, They are bringing Wall Street to Main Street and thats a touchdown for our millions of global fans.

Even though cryptocurrencies are quite famous globally, many people still dont have a clue about them. Some people believe tat it is currently a good time to invest in them because they are trading at relatively low prices and will eventually provide good returns in the long run.

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It would be fair to say that Jerry Jones is an excellent businessman. He is a billionaire, and that proves his credibility as a person who has had good results with whatever he has decided to do.

The biggest example of that is the Dallas Cowboys. Once termed as a big risk for Jones, the franchise has become the most valuable sports franchise in the world. Due to the Cowboys, Jones has gained more respect, popularity, and recognition in the world. Buying the Cowboys was the best thing he could have done, and it turned out to be great for him.

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Watch This Story: Tom Brady Went to the Same High School As This Controversial MLB Hall of Famer Who Was Also a 14x All Star

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Billionaires Elon Musk And Cowboys Owner Jerry Jones Feel Bullish About This Investment Trend That Has Caught the Entire World Off Guard -...

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

This week, we posed the following question to Benzinga visitors:How much Bitcoin BTC/USD, Ethereum ETH/USDandDogecoin DOGE/USD doyou think Elon Musk owns?

Here are the full results from this week's survey:

See Also:Dogecoin Vs. Shiba Inu

It's no secretTesla Inc TSLAantics related to Dogecoin on Twitter have resulted in massive price fluctuations for the meme crypto. In a week when the broader cryptocurrency market has fallen sharply, it remains to be seen if Musk's tweeting about Dogecoin can sustain further gains in the near term.

Atthe time of publication, Dogecoin wastrading around $0.064, lower by 1.1% Sunday.

This reader survey was originally conducted by Benzinga in June 2022 and included the responses of a diverse population of adults 18 or older.

Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 1,000 adults.

Photo: Courtesy ofTelenovelas Foroon Flickr

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How Much Bitcoin, Ethereum And Dogecoin Do You Believe Elon Musk Owns? $1M, $10M Or Is He A Whale? - Benz - Benzinga

Well, slap a Baby on Board sticker on a SpaceX rocket.

Billionaire entrepreneur Mark Cuban said on a recent episode of the Full Send podcast that billionaire investor Elon Musk whose sights are set on going to Mars within his lifetime once joked about how he was going to personally populate the red planet.

I know Elon a tiny bit, Cuban said during the episode. Hes a different dude.

In order to emphasize how different of a dude SpaceX founder Musk truly is, Cuban recalled a congratulatory text he sent to Musk years ago after the birth of one of his many children.

This was before the last three, or whatever it was, Cuban shared, recalling the timeline. Im like, Dude, congratulations. How many are you going to have? He sends me a text back, Mars needs people.

Although Cuban said he sent Musk a message in response, the Tesla CEO never got back to him.

I dont think he likes me, added Cuban, owner of the Dallas Mavericks.

Court documents obtained by media outlets in June revealed that Musk had fathered twins in 2021 with Shivon Zilis, a top executive at his company Neuralink.

The twins were reportedly born weeks before Musk and musician Grimes had a daughter via surrogate in December 2021.

The twins bring Musks total number of known children to nine. He is father to Exa Dark Siderl and X AE A-Xii with Grimes, and had twins and triplets via IVF with his ex-wife, Canadian author Justine Musk, to whom he was married from 2000 to 2008.

So, if Musk truly wants to populate Mars with his spawn, hes doing a decent job. But if he wants to double his numbers with no effort, he should invite Nick Cannon and his brood of eight along.

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Mark Cuban Asked Elon Musk How Many Kids Hes Going To Have And Got A Weird Answer - HuffPost

Elon Musk co-founded and leads Tesla, SpaceX, Neuralink and The Boring Company.

As the co-founder and CEO of Tesla, Elon leads all product design, engineering and global manufacturing of the company's electric vehicles, battery products and solar energy products.

Since the companys inception in 2003, Teslas mission has been to accelerate the worlds transition to sustainable energy. The first Tesla product, the Roadster sports car, debuted in 2008, followed by the Model S sedan, which was introduced in 2012, and the Model X SUV, which launched in 2015. Model S received Consumer Reports Best Overall Car and has been named the Ultimate Car of the Year by Motor Trend, while Model X was the first SUV ever to earn 5-star safety ratings in every category and sub-category in the National Highway Traffic Safety Administrations tests. In 2017, Tesla began deliveries of Model 3, a mass-market electric vehicle with more than 320 miles of range, and unveiled Tesla Semi, which is designed to save owners at least $200,000 over a million miles based on fuel costs alone. In 2019, Tesla unveiled Cybertruck, which will have better utility than a traditional truck and more performance than a sports car, as well as the Model Y compact SUV, which began customer deliveries in early 2020.

Tesla also produces three energy storage products, the Powerwall home battery, the Powerpack commercial-scale battery, and Megapack, which is designed for utility-scale installations. In 2016, Tesla became the worlds first vertically-integrated sustainable energy company with the acquisition of SolarCity, the leading provider of solar power systems in the United States, and in 2017 released Solar Roof a beautiful and affordable energy generation product.

As lead designer at SpaceX, Elon oversees the development of rockets and spacecraft for missions to Earth orbit and ultimately to other planets. In 2008, the SpaceX Falcon 1 was the first privately developed liquid fuel rocket to reach orbit, and SpaceX made further history in 2017 by re-flying both a Falcon 9 rocket and Dragon spacecraft for the first time. Soon after, Falcon Heavy, the most powerful operational rocket in the world by a factor of two, completed its first flight in 2018. In 2019, SpaceXs crew-capable version of the Dragon spacecraft completed its first demonstration mission, and the company will fly NASA astronauts to the International Space Station for the first time in 2020. Building on these achievements, SpaceX is developing Starship a fully reusable transportation system that will carry crew and cargo to the Moon, Mars and beyond and Starlink, which will deliver high speed broadband internet to locations where access has been unreliable, expensive, or completely unavailable. By pioneering reusable rockets, SpaceX is pursuing the long-term goal of making humans a multi-planet species by creating a self-sustaining city on Mars.

Elon is also CEO of Neuralink, which is developing ultra-high bandwidth brain-machine interfaces to connect the human brain to computers.

He also launched The Boring Company, which combines fast, affordable tunneling technology with an all-electric public transportation system in order to alleviate soul-crushing urban congestion and enable high-speed, long-distance travel. The Boring Company built a 1.15 mile R&D tunnel in Hawthorne, and is currently constructing Vegas Loop, a public transportation system at the Las Vegas Convention Center.

Previously, Elon co-founded and sold PayPal, the world's leading Internet payment system, and Zip2, one of the first internet maps and directions services.

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Elon Musk | Tesla

Back in April, the well-known billionaire Elon Musk announced that he would buy Twitter in a $44 billion deal. However, the deal was put on hold a month later after a number of controversies. Now Elon Musk seems to have officially backed out of the Twitter deal, as he has formally notified the company that he will no longer acquire it.

As reported by Bloomberg, Musk sent a letter to Twitter on Friday in which he confirms that hes terminating the merger agreement with the company. He also said that Twitter hasnt complied with its contractual obligations. As a result, Twitter will no longer be acquired by the billionaire.

Before Elon Musk confirmed his intentions to buy Twitter, he had already invested nearly $3 billion in the social media platform, which gave him about 10% of the companys shares. A few weeks later, Twitter accepted Musks offer in a deal that was expected to be completed later this year.

However, soon after the deal was announced, most reactions to the news werent exactly positive as Musk has always criticized the platform for not allowing absolute free speech. The billionaire used his Twitter profile to attack company employees and even said that he would give verified badges to all humans who submitted documents proving their identities.

Heres what Elon Musk said back then:

I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.

But things werent going well between Elon Musk and Twitter. The billionaire put the deal on hold as he was unhappy with the number of spam and fake Twitter accounts.

At the same time, some reports suggested that this was just an excuse for Musk to no longer buy the platform. Some believed that Musk couldnt afford the acquisition, while others suggested that he was trying to cut Twitters value in order to pay a lower price for the company.

The original deal included a $1 billion penalty clause if Musk backed out of the deal, but now it seems that Twitter wants to take a different path.

Twitter chairman Bret Taylor said in a statement that the companys board is committed to closing the transaction on the original terms and that it will pursue legal action to enforce the merger deal. In other words, Twitter will sue Elon Musk to force him to buy the company as he promised.

At this point its unclear what will happen next and it will probably take a long time for this story to have closure.

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Elon Musk giving up on Twitter acquisition deal - 9to5Mac

While the idea of Tesla entering the mining business is quite exciting, the company would actually prefer it if it did not have to enter the industry. This was mentioned by Tesla CEO Elon Musk during his recent interview with a Tesla enthusiast.

While discussing Teslas projects in his interview on theGetting Stonedpodcast, Elon Musk was asked if the electric vehicle makers mining aspirations are on the back burner. Quite surprisingly, Musk explained that Tesla actually doesnt want to go into the mining segment, partly because of its limitations.

Well, wedontwant to go into the mining industry or the sort of refining industry because the limitation, I think, is actually more. For example, with lithium, its more lithiumrefinementthan it is the actual mining. So you better take the ore that contains lithium, and youve got to refine it and get it to battery-grade lithium hydroxide or lithium carbonate. And it has to be extremely pure. Otherwise, you could have a breakdown in the cell.

You cant have impurities in the cell because it would cause the cell to fail. So the challenge with a lot of the ingredients into lithium-ion batteries is theprocessing. Its not the fundamental rarity of lithium. Lithium is very common. Its one of the most common elements on earth. But youve got to turn it into battery-grade lithium and thats, thats where the chokepoint is, Musk said.

Musk also explained that the number of smart, hard-working people that Tesla could push to do important projects is limited. So for Tesla, it would be better to take on tasks that really make a difference in the companys efforts to push the needle on the sustainability transition.

So I hope we do not need to get into the mining business. Theres a limited number of smart, hard, working people that we can say, work on this problem or work on that problem. So (if) we have people work onthisproblem, they cant work onthatproblem. Theres not like some magical source of super talented people. Were not sitting around with our resources saying I wonder what more we can take on? We sort of focus on things that really make a difference, Musk said.

Interestingly enough, Musk mentioned at theFinancial Times Future of the Car 2022Conference back in May that its not out of the question for Tesla to buy a mining company if producing its own supply of electric cars would speed up the worldwide adoption of clean energy technologies. Back then, however, Musk gave the impression that Tesla would only enter the mining industry if it really had to.

Its not out of the question. We will address whatever limitations are on accelerating the worlds transition to sustainable energy. Its not that we wish to buy mining companies, but if thats the only way to accelerate the transition, then we will do that, Musk said. then.

While Musks recent comments may be interpreted as him walking back on previous statements, the CEO did specify back in May that Tesla is open to acquiring anexistingmining company. That scenario is a bit different than Tesla proactively entering the mining industry on its own even if alternatives are available.

Listen to Elon Musks recent comments on mining below.

Dont hesitate to contact us with news tips. Just send a message to simon@teslarati.comto give us a heads up.

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Elon Musk is hoping that Tesla wont need to enter the mining business - Teslarati

Thu, Jun 16 20221:10 PM EDT

The all-hands meeting concluded around 1 p.m. Eastern Time.

According to a source, the majority of the reactions on Twitter's Slack messaging board were negative in nature.

Employees expressed that many of their worries about layoffs, remote work, a reduced focus on content moderation and inclusion and diversity measures were confirmed.

Employees also sent memes about how to brand themselves as exceptional, according to the source, an apparent reference to Musk's note that exceptional employees could likely continue to work remotely and would not have to fear layoffs.

Lauren Feiner

Thu, Jun 16 20221:02 PM EDT

Success at Twitter would look like a significant increase in daily active users, potentially topping 1 billion, Musk said, according to a source.

Twitter said in its Q1 2022 earnings that it had 229 million monthly daily active users.

Musk's definition of success would also include whether Twitter is helping further civilization and consciousness, he said.

Lauren Feiner

Thu, Jun 16 20221:00 PM EDT

Musk briefly diverted the conversation into a discussion about aliens and human consciousness.

He said he hasn't seen actual evidence of aliens, according to a source.

Lauren Feiner

Thu, Jun 16 202212:58 PM EDT

Musk doesn't care about being CEO at Twitter, he said, according to a source.

He said he cares about driving the product in a particular direction, but isn't too hung up on titles.

Lauren Feiner

Thu, Jun 16 202212:46 PM EDT

When it comes to legal but potentially harmful speech, Musk told Twitter employees, that people should be allowed to say what they want.

But that's different from Twitter promoting that speech, Musk said, according to the source.

Users have the right to filter out content they don't want to see, he added. Musk said the standard is much more than not offending people, it's that they are entertained and informed.

Musk reiterated a sentiment he made online earlier that if 10% of the far left and far right are upset, Twitter is doing the right thing.

Addressing the topic of inclusion and diversity, Musk said the most inclusive thing to do would be to get all humans on Twitter.

He said he believes in strict meritocracy.

Lauren Feiner

Thu, Jun 16 202212:38 PM EDT

Musk said layoffs at Twitter will depend on its financial situation.

"It depends. The company does need to get healthy," Musk said, according to the source. "Right now the costs exceed the revenue"

Musk said there has to be some rationalization of headcount or else Twitter won't be able to grow.

"Anyone who is a signification contributor has nothing to worry about," he said.

Lauren Feiner

Thu, Jun 16 202212:35 PM EDT

Musk, who recently told his employees at Tesla to come back to work in their offices 40 hours a week or resign, seemed to draw a distinction between working remotely at the car company and at Twitter.

"Tesla makes cars, and you can't make cars remotely," Musk said, according to a source familiar with the matter.

Musk did not detail what his policy on remote would look like for Twitter employees and said if someone is exceptional at their job, remote work is fine, according to the source.

But, Musk said his "bias is strongly towards working in person."

Lauren Feiner

Thu, Jun 16 202212:30 PM EDT

"If someone is getting useful things done, that's great. If they're not thenI'm like why are they at the company."

-- Lauren Feiner

Thu, Jun 16 202212:30 PM EDT

Elononfreespeech (paraphrased): People should be allowed to say anything they want, but that doesn't mean Twitter should promote it.

-- Lauren Feiner

Thu, Jun 16 202212:30 PM EDT

Elon when asked why Twitter: "I love Twitter", "I learn a lot from what I learn on Twitter." It's a "great way to get a message out", "some people use their hair to express themselves, I use Twitter"

-- Lauren Feiner

Thu, Jun 16 202212:29 PM EDT

Employees submitted questions s they are most interested in - no promise they will answer but highest ranked in categories of workplace policies (i.e. remote work), free speech, Elon's suggested product improvements and relationship with employees -- Lauren Feiner

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Elon Musk is addressing Twitter employees: Live updates from the meeting

Elon Musk attends the 2022 Costume Institute Benefit celebrating In America: An Anthology of Fashion at Metropolitan Museum of Art on May 02, 2022 in New York City.Sean Zanni/Patrick McMullan via Getty Images

Elon Musk has taken a strong stance on office work, requiring it from his Tesla employees.

Musk might soon own Twitter and had a town hallwith employees Thursday.

Pushing back on the company's current hybrid structure, he said people should be in the office.

Elon Musk prefers employees in the office, for the most part, he told Twitter employees.

At a town hall with Twitter workers on Thursday, Elon Musk who submitted a bid to buy the social media company for $44 billion but has publicly wavered over the issue of spambots answered questions about how he would run the business, from layoffs to product management.

One major thing: He really prefers in-person work, Insider reported

"You want to aspire to do things in person," he said at the meeting, per a recording an attendee shared with Insider.

Leslie Berland, who serves as Twitter's head of people and CMO, said at the town hall 1,500 "tweeps" (aka Twitter employees) are completely remote. The rest, about 6,000, are hybrid, by and large.

Musk said he thinks only high-power employees should be able to skip the office, generally speaking.

"If somebody is exceptional at their job, then it's possible for them to be effective, even working remotely," he said.

Muskadded that he asked his Tesla leaders to provide a list of people who are "excellent contributors," and then they figure out if remote work would work or not.

Still, in the case of approving someone to work from home, Musk would want them to come in to get to know coworkers. "If you're walking down the street and pass your colleague and you don't recognize them, that would not be good," he added.

"The bias definitely needs to be strongly toward working in person," he said later, in response to a follow-up question from Berland.

Musk acknowledged Twitter is not making the same product as Tesla, his electric vehicle company. But he's been pretty firm with employees there.

Musk reportedly told Tesla executives in late May to come into the office or quit. He later said on Twitter that, "They should pretend to work somewhere else." The Washington Post said it verifiedthe email with a Tesla employee.

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Insider obtained an email Musk sent to Tesla employees about working in person

"Everyone at Tesla is required to spend a minimum of 40 hours in the office per week," the email said. "If you don't show up, we will assume you have resigned."

Twitter offered a permanent work-from-home option in 2020, and the potential change under a new owner seemed to alarm employees.

A source who was at the meeting told Insider that the company Slack began to "go off" about Musk's stated stance on working from home. Twitter and Elon Musk did not immediately respond to a request for comment.

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Elon Musk told employees at the Twitter all-hands meeting that workers ...

A Tesla investor has accused CEO Elon Musk and the board of directors of damaging shareholders by ignoring a toxic workplace culture at the company, according to a complaint filed in a Texas federal court on Thursday.

The lawsuit filed by shareholder and New Jersey resident Solomon Chau alleges that Tesla executives have breached their fiduciary duty to investors by failing to address allegations of harassment and racial discrimination at its facilities.

Tesla has created a toxic workplace culture grounded in racist and sexist abuse and discrimination against its own employees, Chaus complaint claims, adding that it has caused financial harm and irreparable damage to the companys reputation.

The shareholders lawsuit emerged during an ongoing legal battle involving Tesla and the state of California. State officials in Californias Department of Fair Employment and Housingsued Tesla in February, accusing the company of overseeing a racially segregated workplace at its plant in Fremont.

Chaus complaint also asserts that Tesla has faced numerous lawsuits from current and former Tesla employees that revealed a disturbing litany of sexual harassment and racist abuse employees must contend with at the company.

The complaint slams the board as well as Musk individually, asserting that the billionaire either knew, was reckless, or was grossly negligent in disregarding the illegal activity of such substantial magnitude and duration.

Meanwhile, Teslas board has blocked efforts by shareholders to implement proposals aimed at enhancing oversight of the electric car makers internal practices, according to the court documents.

Chau claims that Teslas failure to address the problem has caused the company to lose high quality employees and opened up the firm to various penalties and fines.

Tesla representatives did not immediately return a request for comment. Musk dissolved the companys PR team in 2020.

The Post has also reached out to Chaus legal team for comment.

As The Post reported at the time, the Californias DFEH complaint includes allegations that that Tesla employees, including managers, used racial slurs including the N-word, monkey toes, porch monkey and hood rat.

Meanwhile, Tesla has denied the claims included in the complaint, slamming the legal action in a February blog post as misguided.

Tesla strongly opposes all forms of discrimination and harassment and has a dedicated Employee Relations team that responds to and investigates all complaints, Tesla said in the post.

Tesla is also facing a union push at its Fremont manufacturing plant. In March, Musk challenged United Auto Workers to hold a vote, arguing the companys employees are better off without labor representatives.

Our real challenge is Bay Area has negative unemployment, so if we dont treat and compensate our (awesome) people well, they have many other offers and will just leave! Musk said at the time.

In a separate action, Musk was slapped with a $258 billion lawsuit from an individual who alleged that he and his companies are engaged in a crypto pyramid scheme by way of dogecoin cryptocurrency.

The plaintiff, Keith Johnson, is seeking $86 billion in damages, plus tripled damages of $172 billion for losses incurred from trading dogecoin since 2019. He wants to represent a class of people who have lost money investing in dogecoin.

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Tesla shareholder sues Elon Musk, board over 'toxic workplace culture'

Tesla and SpaceX CEO Elon MuskREUTERS/Steve Nesius

SpaceX employees reportedly wrote a letter to leadership calling for Elon Musk to be held accountable.

The workers said Musk's recent behavior is a "source of distraction and embarrassment," The Verge reports.

The letter cited Musk's tweets and a recent sexual misconduct allegation that Insider first reported.

SpaceX employees reportedly penned an open letter to SpaceX condemning Elon Musk's recent behavior online as well as an allegation of sexual harassment against the CEO, according to a report from The Verge.

"Elon's behavior in the public sphere is a frequent source of distraction and embarrassment for us, particularly in recent weeks," the letter said, per The Verge, which obtained a copy of the document.

Musk and a spokesperson for SpaceX did not respond to a request for comment from Insider.

SpaceX workers can either sign the document publicly or anonymously and it will eventually be sent to SpaceX President Gwynne Shotwell, The Verge reported.

The letter was shared with over 2,600 employees on Wednesday in an internal chat, the publication said. The news outlet noted that at this time it is unclear how many employees have signed the letter. Though, the letter said "Employees across the spectra of gender, ethnicity, seniority, and technical roles have collaborated" on it.

The letter said that Musk's behavior has violated the company's "No Asshole" and "Zero Tolerance" policies, which addresses behavior that is deemed inappropriate.

Musk has long been known for his antics on Twitter. In recent months, the SpaceX CEO has done everything from publicly decry the Democratic party to announce on Twitter that the party would launch a "dirty tricks campaign" against him.

The latter tweet came just hours after the richest man in the world was notified that Insider was planning to publish a report that SpaceX paid a former flight attendant $250,000 after she accused Musk of sexually harassing her. Musk told Insider at the time that there was "a lot more to the story," but later joked about the allegations on Twitter.

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"If I were inclined to engage in sexual harassment, this is unlikely to be the first time in my entire 30-year career that it comes to light," he told Insider at the time.

When the allegations were first reported, Shotwell expressed support for her boss in a companywide email in which she said she believed the CEO would "never conduct or condone this alleged inappropriate behavior."

In the letter, the SpaceX employees suggest three ways Musk's behavior could be addressed: the company could "condemn Elon's harmful Twitter behavior," "hold all leadership equally accountable," and more clearly define and enforce SpaceX's "No Asshole" and "Zero Tolerance" policies, The Verge reported.

Read the full letter on The Verge's website.

Do you work at SpaceX? Reach out to the reporter from a non-work email at gkay@insider.com

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SpaceX employees reportedly wrote a letter criticizing Elon Musk ...