• The First Tesla Cybertruck Will Have Four-Motor Variant, Says Elon Musk

    1 month ago - By Hypebeast

    Tesla CEO Elon Musk on Friday said that the automaker's highly-anticipated Cybertruck will first arrive with a four-motor variant. "Initial production will be 4 motor variant, with independent, ultra-fast response torque control of each wheel," he wrote on Twitter. Initial production will be 4 motor variant, with independent, ultra fast response torque control of each wheel - Elon Musk December 3, 2021 Musk calls the electric truck an "insane technology bandwagon" that will be equipped with both front and rear-wheel steer that will "not just like a tank" but will allow the vehicle to...
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  • Elon Musk Has Cashed Out $10 Billion of Tesla Stock Since Bizarre Twitter Poll

    Elon Musk Has Cashed Out $10 Billion of Tesla Stock Since Bizarre Twitter Poll

    1 month ago - By Observer

    Elon Musk is almost halfway through unloading 10 percent of his Tesla ownership like he promised to 63 million Twitter fans last month. His latest sale is a block of 934,091 Tesla shares, worth $1.01 billion, on Thursday, new regulatory filings show.
    That brings his total Tesla stock sell-off to $10.9 billion since he launched a Twitter poll on November 6 asking his followers whether he should cash out 10 percent of his Tesla ownership, a stake worth $25 billion at current market price, to prepare for Washington's potential tax on unrealized capital gain .
    “Much is made lately of...
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