marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
Elon Musk
04/18/2024
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By Laura Harris
Tesla plans to lay off 10% of workforce after dismal quarterly sales
Tesla has announced its plan to lay off approximately ten percent of its workforce after the release of its dismal first-quarter sales report. In that quarter, Tesla experienced a significant decline in sales due to heightened global competition, a slowdown in electric vehicle sales growth and unsuccessful attempts to attract more buyers, including with price reductions. Tesla has […]
03/26/2024
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By Laura Harris
REPORT: Combined wealth of American billionaires has skyrocketed by 87.6% since the COVID-19 pandemic
A recent Inequality.org report reveals that the combined wealth of American billionaires has skyrocketed by 87.6 percent since the onset of the Wuhan coronavirus (COVID-19) pandemic in March 2020. According to the report, the total wealth of American billionaires has reached a staggering $5.53 trillion as of March 18. The windfall has primarily benefited titans of the tech industry, with […]
03/07/2024
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By Arsenio Toledo
Jeff Bezos regains title of world’s richest person, overtaking Elon Musk for the first time since 2021
Amazon founder Jeff Bezos is once again the richest person in the world, after the tech giant’s net worth surpassed that of Tesla CEO and Twitter (now X) owner Elon Musk for the first time since the fall of 2021. This is according to the Bloomberg Billionaires Index, which reported on Monday, March 4, that Bezos’ […]
01/05/2024
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By Kevin Hughes
Chinese electric car manufacturer BYD OVERTAKES Tesla as world’s top seller of EVs
Chinese electric vehicle manufacturer Build Your Dreams (BYD) has surpassed Elon Musk’s Tesla as the world’s top seller of EVs. BYD, which has been supported by the American investment billionaire Warren Buffett since 2008, has defeated Tesla’s production for the second straight year. BYD announced that it made 3.02 new EVs in 2023. Meanwhile, Tesla recently announced […]
08/03/2023
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By Arsenio Toledo
Twitter parent company X Corp sues Center for Countering Digital Hate over “scare campaign” that drove away advertisers
X Corp., the parent company of X, formerly known as Twitter, is suing the Center for Countering Digital Hate (CCDH) over claims that the group “embarked on a scare campaign.” The company claims that it lost tens of millions of dollars worth of potential advertising revenue after CCDH alleged that Elon Musk’s takeover of the social media […]
06/01/2023
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By Arsenio Toledo
SHRINKING BIRD: Twitter now worth just one-third of what Elon Musk paid to purchase it
Twitter is now valued at just about one-third of what owner Elon Musk paid for it last year, according to a financial services company. Billionaire and tech giant Musk took over the social media platform in October 2022 by paying a whopping $44 billion for the company, including $33.5 billion paid in equity. Now, Boston-based financial services […]
05/12/2023
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By Arsenio Toledo
Elon Musk steps down as Twitter CEO, taps WEF globalist vaccine pusher Linda Yaccarino as replacement
Billionaire entrepreneur Elon Musk announced on Thursday, May 1, that he will be stepping down as chief executive officer of Twitter within six weeks. On Friday, May 12, he named globalist WEF participant Linda Yaccarino as his replacement. Musk said he will transition to being the executive chair of Twitter as well as being chief […]
04/06/2023
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By Cassie B.
Elon Musk asks judge to toss $258 billion racketeering lawsuit against him over Dogecoin support
Elon Musk has asked a judge to toss out a $258 billion racketeering lawsuit stemming from his support for the meme cryptocurrency dogecoin. The suit was filed by a group of investors who accused Musk of intentionally driving up the price of Dogecoin by more than 36,000 percent across a period of two years before […]
02/23/2023
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By Kevin Hughes
PAY UP! Elon Musk-led Twitter now facing more than $14M in unpaid bills
Social media giant Twitter – now led by Elon Musk – is now barraged by lawsuits demanding that it pay its bills amounting to more than $14 million plus interest. At least nine lawsuits were filed by landlords, consultants and vendors who, in the past months, have demanded payments. The suits came amid the company […]
12/12/2022
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By Ethan Huff
FTX head Sam Bankman-Fried funneled $1 billion in stolen funds to Democrats – “Where did it go?” asks Elon Musk
Before its fraud-induced implosion, Sam Bankman-Fried’s (SBF) FTX crypto empire funneled more than $1 billion to Democrats, according to billionaire electric vehicle (EV) tycoon Elon Musk. What Musk now wants to know is: “Where did it go?” We know about the roughly $40 million in stolen investor cash that was handed over to the leftist […]
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