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Elon Musk

Elon Musk409 posts

Elon Musk is a South-African born Canadian-American engineer, inventor, and entrepreneur, born in 1971. He was a co-founder of PayPal, which was sold to Ebay for $1.5 billion. He then founded Space Exploration Technologies (SpaceX) and Tesla Motors. He is chief executive and chief designer at SpaceX and CEO and head of product design at Tesla and chairman of Solar City. Musk purchased Twitter in September 2022.

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20 Jul, 2023

Daypart.AI founder details Burnt Hair domain trade with Boring

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Jeremy Sonne, founder of Daypart.AI, details his trade of the burnthair.com website domain to the Boring Company. Just after Musk announced Boring’s plan to sell “Burnt Hair” cologne, Sonne bought the domain and tweeted at Musk, offering him the domain if the billionaire would “have lunch with me at the gigafactory or coffee or something like that.” (The tweet has since been deleted.) Minutes later, Boring messaged him directly, telling him to email them about the idea.

“They said lunch wouldn’t happen,” Sonne says, so he made more “outlandish” requests like a phone call with Musk or a “ride on his private plane,” until Boring finally agreed to give him a tour of its Texas facility and some Boring products (including one of the first 10 bottles of Burnt Hair cologne) in exchange for the domain. Sonne’s wife and four-year-old son also went on the tour, during which, for security reasons, they were not allowed to take out their phones. They also had to sign a non-disclosure agreement that prevented them from talking about what they saw inside. Ownership of the domain, which now redirects to Boring’s main website, was transferred in December 2022. Sonne says the tour left a big impression on his son:

My four year old is on the spectrum and is like really obsessed with construction and that’s a special interest for him, construction, diggers, that sort of thing. Since we’ve gotten home, he has been building tunnels with Magna-Tiles and running his cars through them and stuff. Honestly, that was worth the entire adventure, just seeing him get really hyped up about it.

21 Jun, 2023

Musk considers Cuban’s low-cost pharmacy for Tesla, SpaceX employees

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After a Twitter user asks Cuban who costplusdrugs.com does not offer Invermectin, which the user says “costs $0.02 per pill in Africa, 100x mark-up in America”, Musk responds:

Good question

A few hours later, Cuban responds to Musk:

I’m sorry I didn’t see you enter the discussion  @elonmusk. The price we were able to get was much higher than other available sources. We are trying to get a better price. We do sell HCQ. Our mission is to be the low cost provider of every med we are allowed to sell. You should have your employees use us. It will save them and @twitter a fuck ton of money. Costplusdrugs.com

Musk replies that he will ask Tesla & SpaceX to inquire into Cuban’s offer. In 2022, Tesla employed more than 127,000 people, while SpaceX has about 10,000 employees

14 Jun, 2023

Musk to talk Tesla Gigafactory with Macron again

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For the second time in just over a month, Musk will meet with Macron to discuss building a Tesla Gigafactory in France. France has been courting Tesla to build factories in the country, but is competing with other EU countries like Spain, which is also in talks with Tesla. Macron:

I’m going (into that meeting) with an agenda. We’re going to talk about artificial intelligence, in which he is involved, social media, regulation framework… And then I’ll also talk to him about cars, batteries, to promote French and European attractiveness.

Asked specifically whether he was hoping to secure a Tesla Gigafactory, Macron says: “It’s up to the company to look at these different issues in Europe. So we’ll be selling France” as an investment destination. In addition to saying that France has invested in an “entire sector of electric batteries” and will try to convince Musk “that France is the best possible place in Europe to establish the next Tesla factory,” French minister for digital affairs Jean-Noel Barrot says:

It will be great to have a Tesla factory in France. There has been a lot of effort and energy to make sure this is possible and this can happen.

Musk and Macron will also discuss tech regulation.

8 Jun, 2023

Tesla in talks to build factory in Spain

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In a bid to build a factory there, Tesla is negotiating with the regional government of Valencia in Spain. A spokesperson for Valencia’s government says it had held meetings and conversations with a company about a “large automobile investment,” but did not specify which company it was, citing the confidentiality of the negotiations. Tesla’s total investment in this enterprise could surpass 4.5 billion euros ($4.83 billion).

10 May, 2023

Tesla to ‘cooperate’ with Samsung in IT development

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Musk meets for the first time with Jay Y. Lee, Executive Chairman of Samsung Electronics, during Lee’s visit to the United States, to discuss ways Tesla and Samsung can work together in future high-tech industries, such as semiconductors for autonomous vehicles.

5 Oct, 2022

Musk tried for Twitter discount

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In the weeks before Musk’s bid to own Twitter was back on the table, his representatives asked for a discount of 30%, a proposal that would have valued the company at roughly $31 billion. Twitter rejected the proposal.

In the past week, a discount of 1% was discussed, a valuation of $39.6 billion, but the talks did not move forward. Twitter’s market cap as of Wednesday was $39.2 billion.

Musk said completing the acquisition was dependent on his ability to secure financing from the banks that had agreed to back his April bid, which offered $54.20 per share. If the banks do not follow through, Musk will have to pay a $1 billion breakup fee. He has also asked Twitter to halt its litigation against him.