Wall Street bets Tesla’s 2025 sales will miss Elon Musk’s target
This year Tesla is revamping the Model Y, but last year it scrapped plans for a new $25,000 vehicle dubbed Model 2 in public and known as NV91 internally. Musk has been vague about plans for a ...
Elon Musk writes to X employees, says company 'barely breaking even'
According to an internal email sent by Elon Musk to employees, X is 'barely breaking even,' citing stagnant user growth and ...
Banks prepare to sell US$3bil of X buyout debt
A group of banks led by Morgan Stanley is preparing to sell as much as US$3bil of senior debt tied to Elon Musk’s buyout of X ...
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Banks Gear Up to Sell $3B X Debt, Cutting Risk on Musk’s Social Media Venture
Wall Street banks are gearing up to sell off up to $3 billion in debt tied to Elon Musk’s acquisition of X (formerly Twitter) ...
Urban Pubs & Bars eyes ‘healthy pipeline’ of potential new sites
It comes after the London-focused group hailed bumper festive trading in the city and strong sales from its recently acquired ...
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Elon Musk Addresses X’s Financial Struggles as Banks Offload $13 Billion Debt
In a recent internal email to employees, Elon Musk, CEO of X, acknowledged the platform's ongoing financial challenges.
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Banks Ready to Offload $3 Billion in Previously Unmoveable X Debt
Banks expect to get 90 to 95 cents on the dollar. It’s actually not a bad deal, considering where things were just months ago ...
financial-world15h
In a letter to employees, Elon Musk wrote that X has financial problems
The richest man in the world, Elon Musk, recently sent letters to the employees of X, stressing that investing in the company ...
Elon Musk now has an office in the White House. What’s his political game plan?
The world’s richest man is now also one of the most politically powerful. Musk’s journey to mega MAGA funder sheds some light ...
Morgan Freeman may have scored a 3,000% return on Tesla stock: 'I'm a huge fan of Elon Musk'
Hollywood icon Morgan Freeman said in a 2016 interview that he owned Tesla stock. A $10,000 holding then would be worth over ...
Testing DeepSeek: How the new Chinese AI model stacks up against ChatGPT and Google Gemini
The Chinese AI startup claims that it delivers comparable results to OpenAI’s o1 across various benchmarks, including ...
Monday’s briefing: Foxes stun Spurs and raise the pressure on Ange Postecoglou
Two goals in four second-half minutes helped Leicester earn a first Premier League win since December, 3 with a 2-1 victory ...