Joey Klender
Joey Klender
Transportation Reporter/Journalist for @Teslarati | Penn State AlumniSource
Pennsylvania, USA
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Elon Musk's deal with Twitter not 'on hold,' company won't renegotiate from $44bn

Elon Musk's deal with Twitter not 'on hold,' company won't renegotiate from $44bn

Elon Musk’s deal with Twitter, which was agreed upon on April 25 for $44 billion, is not on hold and will move forward, company executives told employees on Thursday. Musk, who said the deal was on hold pending proof of Twitter’s estimation of bots among its active users, has been backtracking the deal for several days and announced he would seek a lower price. Twitter does not plan to oblige. A new report from Bloomberg on Thursday indicates Musk’s deal with Twitter will not be renegotiated after the Tesla CEO stated he could not be given concrete proof of the platform’s population of...

May 19
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ARK founder Cathie Wood says Tesla removal from S&P ESG is 'ridiculous'

ARK founder Cathie Wood says Tesla removal from S&P ESG is 'ridiculous'

ARK Invest found Cathie Wood called Tesla’s removal from the S&P’s Environment, Social & Governance Index “ridiculous” after the automaker was not included on the list due to “a decline in criteria-level scores” in low-carbon strategies and its “codes of business conduct.” On Wednesday, Tesla was removed from the S&P’s ESG Index after a standard rebalancing. While Tesla, which has accelerated the world’s transition to sustainable energy, especially through transportation, was removed from the index, companies like Exxon, a global giant in oil production, remained. Anything is...

May 19
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Musk seeks Twitter deal discount, believes 20 percent of accounts are spam

Musk seeks Twitter deal discount, believes 20 percent of accounts are spam

Elon Musk may be looking for a better deal with his Twitter acquisition and $44 billion may now be sounding like a price that is just a bit too high. During a tech conference called “All In” in Miami on Monday, Musk remarked that he believes 20 percent of users on the platform are fake or spam accounts, and it may be the reason the Tesla CEO did not rule out the possibility of a deal reformation that would require him to pay a lower price. According to Bloomberg, Musk stated the possibility of a reformed Twitter does was not “out of the question,” a comment that surged further losses in...

May 16
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Tesla investors are buying...and selling their TSLA shares

Tesla investors are buying...and selling their TSLA shares

Tesla’s () major institutional investors are making big moves with their holdings of the EV powerhouse’s stock. New reports show that at least three large firms are modifying their TSLA holdings, either adding or selling shares after a massive 2020.Major Tesla investment firm Baillie Gifford has sliced its holdings of the electric automaker’s stock. New data shows that the United Kingdom-based fund has sliced its TSLA holdings across “at least 11 of its funds and investment trusts,” reported. In December, Gifford’s flagship fund Scottish Mortgage held 8.4% of Tesla’s outstanding shares,...

February 17, 2021
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Elon Musk talks Neuralink, coronavirus, and the future in Joe Rogan podcast Round 2

Elon Musk talks Neuralink, coronavirus, and the future in Joe Rogan podcast Round 2

Tesla and SpaceX CEO Elon Musk recently made his second appearance on the widely popular Joe Rogan Experience podcast, which was released today. Unlike many of Rogan’s podcasts that are streamed live for viewers to watch in real-time, and released on May 7.Musk and Rogan, who is a commentator for the Ultimate Fighting Championship and a comedian, discussed several topics that have been in the news recently. The two shared their thoughts on Musk’s plans to sell his estate and possessions, as well as his plans for Neuralink and Mars. Rogan and Musk also discussed the coronavirus, which has...

May 7, 2020
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