Tag: musk

BUSINESS

The World Richest Man Elon Musk Donates $5.7 Billion To Charity

Elon Musk, the world’s richest man, donated more than 5 million shares of the electric-car maker last November, according to a filing with the U.S. Securities and Exchange Commission. The multi-billion-dollar philanthropic donation is one of the largest in history. The filing did not disclose the name of the charity and showed an unidentified trust was involved in the transaction. […]

BUSINESS

Elon Musk Gives Take On U.S.-China Relationship

Tesla Inc, CEO Elon Musk in addressing a range of questions posed by Joanna Stern at The Wall Street Journal’s Annual CEO Council meeting held recently argued that China is set to become the largest economy in the world. He said the U.S. has been the largest economy for as long as anyone can remember. He noted, however, “we are […]

NEWS

The UN Food Program Director Shows Musk The Way

Following a challenge by Tesla’s CEO Elon Musk, that he would sell Tesla’s stock to fund a plan if the World Food Program (WFP) could describe “exactly how” it would work, the director of the United Nations’ World Food Program rose to the challenge by laying out a plan showing how his organization would spend $6.6 billion to combat world […]

BUSINESS Commerce Social media

SEC Punishes Elon Musk For Out Of Step Behavior

The Securities and Exchange Commission (SEC) has forced Elon Musk to step down as Tesla’s chairman and pay a fine in a negotiated settlement over tweets he posted about taking the firm private. The decision came as the SEC sought to sue Musk for alleged securities fraud. Under the deal, Musk will remain as Tesla CEO but must give up […]