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Bitcoin (BTC) has become a key part of Tesla’s money plans. As we look at Tesla’s Q2 2024 earnings, it’s clear that the company’s approach to cryptocurrency keeps changing as it deals with market ups and downs and government rules. Also Read: Bitcoin’s $100K Surge: Analyzing BTC’s Bullish 2025 Prediction tesla -q2-earnings-and- bitcoin -strategy-amidst-market-volatility">Tesla Q2 Earnings and Bitcoin Strategy Amidst Market Volatility Source: CriptoNoticias tesla -s-q2-2024-financial-performance">Tesla’s Q2 2024 Financial Performance Tesla’s Q2 2024 financial results were mixed. The company earned $25.5 billion in total revenue, surpassing the expected $24.63 billion. That said, car sales revenue fell 7% to $19.9 billion from $21.27 billion in the same quarter last year. Tesla’s earnings per share were 52 cents, below the expected 62 cents. Spending on new projects rose 10% to $2.27 billion, with $600 million used for AI tech. Tesla’s Continued B...

The Twitter user who initially registered the @X handle had their profile forcibly changed after Elon Musk rebranded the social media platform to X. Twitter is currently undergoing a rebrand to X after owner Elon Musk grabbed headlines when he announced that the 17-year-old social media platform he acquired in 2022 would have a new name, logo, look and feel on July 24. X will serve as the new name of the social media platform and a broader ecosystem platform that Musk intends to develop. According to a screenshot shared on the alternative social media platform Stacker.News, representatives of X emailed a user that had initially registered the @X Twitter profile, informing them that the platform would take over the account. A screenshot of an email shows Elon Musk’s rebranded X social media platform offering a user merch andise and a trip to company headquarters after taking over their profile name. Screenshot of the email sent by X to the user. Source: Stacker.News The user was told t...

Elon Musk’s tweets have always been unfiltered and unadulterated. Right from opining under various threads and participating in banter to revealing his political inclination and randomly tweeting about dogs, the Tesla executive has time and again proven to be just like any normal Twitter user. A couple of years ago, the SEC flagged Elon Musk ’s behavior. In October 2018, the executive and the regulatory agency agreed to a deal saying Musk needed to get prior permission from a sec urities lawyer to tweet any information “material to the company” that could move Tesla’s stock. In an April Fool’s prank, Musk once proclaimed that Tesla had gone bankrupt. Then, time and again, he tweeted about the financial health, potential mergers, forecasts/projections, expansion details, earnings estimates of the company, etc. His tweets have frequently influenced the price of TSLA, and as a result, the regulatory agency pushed the “permission” deal. Wh...

In December of last year, Elon Musk called OpenAIs newly developed chatbot, ChatGPT , “Scary good.” Additionally stating, “We are not far from dangerously strong AI.” Since then, the buzz and fanfare around the artificial intelligence program have only gotten greater. Leading us to look back at the meteoric rise of ChatGPT . The OpenAI-developed program made its debut in December, leading with a test release. The chatbot wasn’t just well executed, it also blew people away; it became a viral sensation for its near-endless capabilities. Since its arrival, it has only gotten more mainstream attention and seemingly only proven the strength of its coding time and time again. OpenAI Source: Forbes Although the name ChatGPT has gotten a plethora of fanfare — and rightfully so — the real mastermind behind that name is OpenAI. A Texas-based research and development company, the creators of the viral chatbot are in the midst of a self-professed mission to: ...

At press time, Dogecoin was trading for $0.1019 with a 9.80 percent surge over the last 24 hours. The asset’s weekly profits also rose by 38 percent. It should be noted that Dogecoin was the best-performing asset today while its counterparts Fantom [FTM] and Chainlink [LINK] took over the second and third spots. It should be noted that the asset jumped from a low of $0.09145 to a high of $0.1047 earlier today. Source The community was quite surprised by this surge. Some speculated that Elon Musk once again had control over pushing the price of the meme coin. Over the weekend, Twitter’s brand new owner Musk announced that he would roll out his very own smartphone. This was in light of his fallout with tech giant Apple. Following the incident, the price of the asset bagged double-digit gains. Therefore, the community assumed that the latest price change could be fueled by the same. However, a few others were looking for big whale moves. It was brought to light tha...

Elon Musk has not made any public comments regarding a bizarre $600,000 monument of him as a goat, which was delivered to the Tesla headquarters on the weekend. Tesla CEO Elon Musk has seemingly given the cold shoulder to a $600,000 monument of him in goat form —  which was created as part of a bizarre crypto marketing stunt. Delivered to Tesla’s Austin headquarters on Nov. 26, the 30-foot, 12,000-pound metal statue of Elon Musk was part of a publicity stunt by the co-founders of the memecoin Elon Goat Token (EGT). The statue features the head of Elon Musk on the body of a goat that is riding a rocket. The statue also sees Musk wearing a dog collar with a Dogecoin (DOGE) token attached. We’re very proud of our accomplishments and commitment to #EGT We’ve always had long term vision for $EGT and will continue to build the brand and utility. We feel our hard work can lead to Elon claiming #ElonGOAT and we will work towards this goal! Maybe have some fun too! pic.twitter.com/Rk2Gdn5PpE —...

Elon Musk‘s big Twitter takeover has been the talk of the town for quite some time. While the downfall of FTX and the market crash that followed redirected public interest, Twitter was back making headlines. This time, two of Musk’s companies were involved. SpaceX, the aerospace business company placed an order for one of the largest advertising packages available on the social media giant. JUST IN: SpaceX purchases large advertising package from Twitter . — Watcher.Guru (@WatcherGuru) November 14, 2022 As per recent reports, SpaceX is expected to advertise Starlink, the firm’s satellite internet service. The firm will promote this service on Twitter in Spain as well as Australia. The aerospace company intended to purchase a package known as Twitter “takeover.” It is estimated to cost more than $250,000. Starlink would receive constant daylong promotions through this package at the top of Twitter ’s timeline. The first three times ...

Ever since Elon Musk acquired Twitter, a host of structural changes have been implemented. Right from top executives being fired, to changing the designation on his bio to ‘Twitter Complaint Hotline Operator,’ Musk has been playing the game with his own scripted rules. Towards the end of October, researcher Jane Manchung Wong tweeted out developing details about Twitter’s potential plans to launch a crypto wallet. She stated that the platform was working on a “wallet prototype” that supported “crypto deposit and withdrawal.” However, no other revelations were made. Wong, as such, tested an array of tech products and new Features on social media platforms, including the Twitter edit button for Twitter Blue members.  However, per the online publication Platformer, brakes have now been applied. The report noted, “ A recently revealed plan to build a crypto wallet for Twitter appears to be on pause as well. ...

With Halloween 2022 almost coming to end, Elon Musk —the current sole director of social media giant Twitter —tweeted a picture of a Shiba Inu dog and a pumpkin. Both the focal subjects in the frame had one thing in common&mdash ;the Twitter logo. The former wore apparel featuring the blue &lsquo ; freed&rsquo ; bird, while the latter depicted a luminescent version of the same. 😉 pic. Twitter .com/eaIYaDRBnu — Elon Musk (@elonmusk) November 1, 2022 It is a known fact that Elon Musk is fond of cryptos like Dogecoin and Shiba Inu. In fact, he has already given himself the title of “DogeFather” in the past. As expected, the prices of tokens belonging to the meme basket started rallying right after the tweet was posted. Dogecoin’s reaction was outright. As illustrated below, the trend was quite monotonous on the minute chart. However, the same minute the tweet was out, DOGE registered an unconventionally long green candle. It continu...

Just as Elon Musk ’s $44 billion Twitter acquisition deal came through CEO Parag Agrawal along with a few other execs were asked to leave. Amidst this, speculations about the next Twitter CEO began pouring in. Banking on the same, a plethora of tweets of individuals claiming to be the next CEO of the social media platform surfaced. Will the real CEO please stand up? Just as FUD took over Twitter, it was brought to light that Elon Musk himself intended to become the CEO of the social media giant. Bloomberg reported that after heading Tesla Inc. as well as SpaceX, Musk was all set to emerge as the CEO of Twitter as well. The billionaire is anticipated to continue serving as CEO in the short term but may eventually relinquish the position in the long run. As mentioned earlier, CEO Parag Agrawal along with CFO Ned Segal and Vijaya Gadde head of legal and policy were sacked today. In addition to this, it was noted that Musk intended to reverse all lifetime suspensions on ...