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NEW YORK (UPI) -- The U.S. stock markets closed early Monday in observance of the Fourth of July holiday with the Dow, S&P 500, and NASDAQ all rising. Monday marked the start of the second half of 2023 and added to a strong first half for the markets. The Dow Jones Industrial Average rose 10.87 points, or 0.032%, to close at 34,418.47. The S&P 500 was up 5.21 points, or 0.12%, closing at 4,455.59, and the NASDAQ Composite jumped 28.85 points, […]
It is easy to think of Elon Musk as an outlier, someone who's away from the common business world. While we all have our own opinions of what Elon Musk is as an entity, Robert Downey Jr based Tony Stark on him. The fact is that Musk is not just someone who wants to go into space. He is also someone who has been incredibly savvy with his ventures and investments over his career. We all can learn lessons from […]
AUSTIN, Tex. (UPI) -- Tesla issued recalls for nearly half a million Model S and Model 3 cars due to trunk and camera defects. This applies to all Model 3 cars released between 2017-2020 and some Model S vehicles. According to Tesla, the Model 3 cars may have problems with the opening and closing of the trunk, which can affect the cable harness that attaches to the rearview camera, causing the camera to unexpectedly fail, Barron's reported. The Model S […]
PALO ALTO, Calif. (UPI) -- Elon Musk has announced that Tesla will be moving its headquarters from California to Texas. Musk, the chief executive of the electric car company, made the announcement Thursday afternoon during the annual stockholders meeting, stating the company's headquarters will relocate from Palo Alto to Austin. "I'm excited to announce that we're moving our headquarters to Austin, Texas," he said to cheers from the crowd. He explained part of the reason for the relocation was the […]
Elon Musk, the SpaceX founder CEO and Tesla CEO, became the richest billionaire on the planet. Truly, it's unbelievable as the South African's fortunes multiplied by leaps and bounds in such a short period. And there are just so many storylines to the rise of this 49-year-old tech leader. So much, many people can't believe when they heard the news that it's really happening. 'Twas not so long ago, he was just worth $27 billion in 2020. That certainly puts him on […]
LOS ANGELES (UPI) -- Entertainer and entrepreneur Kanye West has announced he plans to run for U.S. president this cycle. West, 43, would compete against Republican incumbent Donald Trump, Democratic challenger Joe Biden, Libertarian challenger Jo Jorgensen and Green challenger Howie Hawkins for the office. "We must now realize the promise of America by trusting God, unifying our vision and building our future. I am running for president of the United States. #2020VISION," West wrote in an Instagram post on […]
LAS VEGAS (UPI) -- Entrepreneur Elon Musk said he believes the Las Vegas tunneling system his Boring Company is creating under the city's convention center could be done by next year, possibly months ahead of schedule. Musk, the founder of Tesla and SpaceX, made the prediction on Twitter. The $48.7 million project will transport visitors to and from the massive Las Vegas Convention Center along three spots to the Las Vegas Strip, turning a 15-minute walk into a one-minute trip. […]
(Heartland Newsfeed) -- I have been reading a MarketWatch article "Bill Gates doesn’t believe that everyone should take vacations and weekends off" and have read it several times over for the past hour. I have to admit I am a bit confused about the deceptive headline alone. Microsoft co-founder and billionaire Bill Gates stated during a conference last weekend that "he didn't really believe in vacations" while building his tech giant from the foundation up. He was essentially stating before […]
Despite the fact the electric vehicle sales were up by more than 300 percent in California this last quarter, that wasn’t enough to help Tesla exceed its sales target. The company, based in Fremont, reported earlier this week that it had missed its sales estimate by around 1.5 percent, spooking investors who firmly believed that once the firm overcame its production issues, its sales would soar. Tesla is starting to realize that getting ahead in the automobile industry is no […]
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