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Elon Musk
US stocks
Advertising group shuts down after Elon Musk’s X files lawsuit
X’s business, which is largely dominated by advertising, has declined close to 50% since Musk took over the platform.
August 09, 2024
Tong's Portfolio
‘Peddling fantasies’ to push up stock valuations is not a crime
According to Musk, Tesla’s robotaxi network is “a US$5 trillion to US$7 trillion market cap situation”.
August 07, 2024
US stocks
Musk’s X, formerly Twitter, to close San Francisco office, relocate workers
The neighborhood is now struggling as the city copes with the slow return of workers following the Covid-19 pandemic.
August 06, 2024
Tech
Musk's SpaceX tender offer said to value company at record US$210 bil
The new valuation is a record for an American private company, but is still lower than the US$268 billion valuation of ByteDance.
June 27, 2024
Artificial Intelligence
Musk’s xAI raises US$6 bil in bid to challenge OpenAI
Marquee venture capital names including Sequoia Capital and Andreessen Horowitz backed the fundraising.
May 27, 2024
Disruption and Digitalisation
Musk launches Starlink in Indonesia, eyes future investment
Jokowi, who had earlier been slated to attend the Starlink inauguration in Bali, was not in attendance.
May 20, 2024
Electric vehicles
Tesla's value declines below US$500 billion as risks pile up
Tesla intends to scrap plans to make a cheaper EV and focus on building a so-called robotaxi instead.
April 16, 2024
Electric vehicles
Tesla to cut over 10% of workforce in global retrenchment
Tesla reported vehicle deliveries early this month that missed expectations by a wide margin
April 15, 2024
Electric vehicles
Tesla shares jump as investors buy into Musk's robotaxi hype
'Don't always believe in what you read'
April 08, 2024
Electric vehicles
Tesla's market story is about growth. That's now in question
Analysts knew that EV growth was waning, but the extent at which it would impact sales was misunderstood on last quarter
April 07, 2024