Elon Musk News and Articles

The second quarter of 2022 was tough for the electric car producer Tesla, which reported a drop in profit after a previous shutdown of its Shanghai factory. Tesla reported that at the end of Q2, they converted about 75% of the Bitcoin purchases into fiat. Reports show that Tesla's second-quarter...

At the Qatar Economic Forum, Tesla and SpaceX CEO Elon Musk noted that he had never said people should buy cryptocurrencies. To the question of what he thinks about the current crypto market conditions and whether he still finds people should invest in crypto, the businessman answered he hadn't...

Tesla and SpaceX CEO Elon Musk tweeted on June 19 that he will continue to support Dogecoin, which is the first and most popular meme coin. One of the users replied to the post saying "Keep buying it then," to which Musk answered "I am". I will keep supporting Dogecoin—...

Business magnate Elon Musk, and his companies Tesla and SpaceX were sued for $258 B by a Degecoin investor, who accused the businessman of operating a pyramid scheme to promote the meme coin. The class action complaint was submitted in federal court in Manhattan. Plaintiff Keith Johnson accused...

On May 27, Elon Musk revealed that SpaceX will accept Dogecoin. In January, Tesla started supporting DOGE as a means of payments for certain products. A user asked whether they will be able to pay for Starlink subscriptions via the meme coin in the future. Replying to the question, Musk said one...

Leading cryptocurrency exchange Binance backs Tesla CEO Elon Musk's purchase of Twitter. According to an SEC filing, the company committed $500 M in equity financing. Binance is one of 19 equity investors. According to the document, the raised amount is above $7 bln. Other participants include...

Business magnate Elon Musk, who recently announced buying the social media company Twitter changed his Twitter profile picture for a Bored Ape Yacht Club collage. Musk wrote that the picture seems pretty fungible to him. I dunno … seems kinda fungible— Elon Musk (@elonmusk) May 4, 2022 ...

American business magnate, the CEO of the conglomerate holding company Berkshire Hathaway, Warren Buffet said in the recent annual meeting of the company that he didn't change his mind about Bitcoin despite the growth of the asset. Buffet finds that Bitcoin isn't a productive asset and it doesn't...

The price of Dogecoin increased by over 30% in a day after the "Dogefather" Elon Musk announced buying Twitter for $44 billion. After the news, Twitter's share rose 5.66% and currently trades at $51. The news affected Dogecoin's price as well as it is known to be Musk's favorite...

Business magnate Elon Musk tweeted about the current financial situation and inflation asking opinions about the future inflation rate for the coming years. Musk wrote that Tesla and SpaceX are seeing high inflation pressure in raw materials as well as logistics. As a common principle, Musk said...

Yesterday Elon Musk tweeted that he would eat a happy meal on TV if Mcdonald's accepts Dogecoin payments. The fast-food company answered to Musk, saying that it would accept DOGE only if Tesla accepts GrimaceCoin. Grimace is a purple character featured in some campaigns of...

Tesla CEO Elon Musk mentioned his favorite crypto asset in a tweet again. Today he announced that if McDonald's accepts Dogecoin, he would eat a happy meal on TV. I will eat a happy meal on tv if @McDonalds accepts Dogecoin— Elon Musk (@elonmusk) January 25, 2022 ...

Twitter's subscription service Twitter Blue announced that now users can use NFTs as their profile pictures by connecting their crypto wallets. Tesla CEO Elon Musk reacted to the news, saying that the news is annoying. In his opinion, it would be better if the social media network spent its...

Electric vehicle company Tesla started accepting Dogecoin for merch as Elon Musk tweeted today. Tesla merch buyable with Dogecoin— Elon Musk (@elonmusk) January 14, 2022 ...

Business magnate, the person of 2021 by Time magazine, Elon Musk talked about crypto, in particular Bitcoin and Dogecoin, pointing out their advantages and use cases. Musk was a co-founder of digital payments company PayPal and says the nature of money is one of the things that is possible to...

Tesla CEO Elon Musk commented on the recent situation connected with his favourite cryptocurrency Dogecoin and Binance. For the record, on Nov. 11, a leading crypto exchange Binance, which CEO is Changpeng Zhao, froze Dogecoin withdrawals temporarily because of a technical issue that appeared as a...

Tesla CEO Elon Musk posted about Dogecoin (DOGE) once again. On October 29, the business magnate tweeted about his plans to start a new university "Texas Institute of Technology & Science". On October 31, he added that tuition is in Dogecoin, and there's a discount in the case of...

The price of Ether could overcome the resistance around $4.000 and set a new record. Over the last 24 hours, the price of the token went up by around 9%, hitting a new all-time high of $4.366. The surge happened a day later after Bitcoin's set ath of $66.930. Currently, the global crypto market cap...