WION explains | The Elon Musk-Twitter saga; from hostile bid to the actual takeover

Up until April 2022, institutional shareholders held the maximum number of shares of Twitter, and then Tesla CEO Elon Musk announced that he has purchased a 9.2 per cent stake in the social media giant. 

This briefly made him the biggest shareholder. However, he has now lost that position.

It has been a whirlwind of a situation, featuring controversial Twitter polls, a will he – won’t he situation with Elon Musk joining the Twitter board, a ‘poison pill’ plan and finally the purchase.

Let’s take a look at the whole saga:

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Places This Week: Tesla buys Lealman site; 18-story tower plans revised

A weekly roundup of local real estate deals.   Tesla closes on Kane’s Furniture liquidation center  It’s official, Tesla is coming to Lealman.    Telsa Motors has purchased the Kane’s Furniture liquidation center in a $13 million deal under the entity St. Petersburg Motors LLC, which is linked to the Delay Beach-based Truett Realty Group. […]

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Rivian penalized for price hike as market awards Tesla “prize” for price hike

File this one under why markets clearly are not even close to rational. Here’s one headline from March: Tesla raises prices across entire range The March 15th price hikes are purely speculative to “protect” the company from consumers demanding value from cars sometime in the future. The price increases are designed to cover higher costs … Continue reading Rivian penalized for price hike as market awards Tesla “prize” for price hike →

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6 advantages of driving an electric vehicle

Electric vehicles (EVs) are praised for being eco-friendly. However, they have more going for them than simply being good for the environment. Here are six good reasons to invest in an electric car. 1. Innovative technology EVs are equipped with the latest safety features and entertainment technologies. They also incorporate eco-friendly materials. 2. Superior performance Electric cars offer […]

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