Elon Musk Stops Taking Flamethrower Orders After $10 Million in Sales

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It made Elon Musk precisely four days to sell $10 million importance of flamethrowers, making an bizarre beginning of incomes for his Boring Co. tunneling business. On Wednesday evening, the billionaire tweeted. The Boring Co. flamethrowers have attracted denunciation from various radicals, including California legislator Miguel Santiago. In a statement, he called the stunt” unbelievably […]

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Tesla’s Model 3 Challenges Leave Little Wiggle Room on Cash

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Tesla Inc.pushed back a key production target for its pivotal Model 3 sedan again, conjuring questions about whether the electric-car producer may need to raise more cash. The Elon Musk-led fellowship now expects to assemble 5,000 Model 3s a few weeks by the end of June, retarding plans to reach that milestone by another 3 […]

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Teslas Burning Through Nearly Half a Million Dollars Every Hour

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Elon Musk said last week that burning fund at a clip of about $8,000 a instant( or $480,000 an hour ), Bloomberg data show. At this pace, the company is on track to deplete its current money pile on Monday, Aug. 6.( At 2:17 a.m. New York time, if you really want to be precise […]

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Musk Dusts Off the Fundraising Playbook With Semi, Roadster Orders

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Elon Musk is turning to a tried-and-true generator of funding for his money-losing auto busines — purchasers willing to wait times for him to deliver shiny new rotates to their driveways. The chief executive officer’s unveiling of a massive Semi truck and souped-up Roadster sports car raised questions among Tesla doubters who dismissed the products […]

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Tesla Model 3 Depositors Staying Put as Wait in Line Lengthens

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Brian Lawley was one of the first to earmark a Tesla Model 3 after standing in a lengthy cable in targets by at least a one-quarter, many reservation holders aren’t budging. Bloomberg News contacted 20 customers who paid sediments for the Model 3 and none had canceled their requires. Regardless of the concerns raised by […]

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