Twitter owner Elon Musk has plans for his social media platform that extend far beyond social networking. In recent months, Musk has been outspoken about his intention to turn Twitter into “X,” an “everything app” that offers a variety of services—like messaging, networking, shopping, financial services, and more—in just one interface. His goal? Advancing civilization,…
‘Why ESG Is the Devil’: How ‘Inclusive’ Companies Crush ESG Ratings
June 16, 2023
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Business & MarketsCompanieseconomic policiesenvironmental social and governance (ESG) policiesPolicies & ImpactsS & P GlobalteslaUS
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Propagating skewed criteria, environmental, social, and governance (ESG) standards end up promoting companies with “inclusive” values and a progressive agenda rather than actual environmental or positive social impact. Recently S&P Global gave Tesla an ESG score of 37, with the electric vehicle manufacturer garnering 60 points on the “environmental” front, 34 for “governance and economic,”…
Macron to Meet Elon Musk in Paris to Talk Tesla Investment
French President Emmanuel Macron said he will meet with Tesla CEO Elon Musk on Friday—the second time in just over a month—to promote France as a possible site for one of the electric vehicle (EV) maker’s factories as well as to discuss tech regulation. “I’m going [into that meeting] with an agenda,” Macron told reporters…
Tesla Is the New Energy Infrastructure Company
News Commentary Detroit rivals General Motors and Ford Motor Company both announced that they signed deals to use Tesla’s supercharger network in North America starting next year. Existing owners of Ford and GM electric vehicles (EV) can soon begin accessing Tesla’s massive supercharger network that uses the company’s North American Charging Standard (NACS) connector with…
GM Will Join Tesla’s EV Charging Network, Making It the De Facto Industry Standard
June 9, 2023
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Business & Marketscharging stationsCompanieseconomyenergyFord Motor CoGeneral MotorsInvestmentMarketsMedia & Big TechteslaUSUS News
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General Motors said it will adapt its electric vehicles to the Tesla Supercharger network, after Ford Motor Co. made a similar deal last month. This move will all but ensure that Tesla’s charging ports will become the North American standard. On June 8, GM CEO Mary Barra revealed in a talk with Tesla CEO Elon…
Court Upholds Musk’s Win in $13 Billion Lawsuit Over Tesla-SolarCity Deal
A trial court properly found that Tesla Inc. CEO Elon Musk did not push the electric carmaker to overpay for SolarCity in 2016, the Delaware Supreme Court said on Tuesday, ending years of litigation over the $2.6 billion deal. Musk was the biggest shareholder in both companies at the time, and Tesla shareholders alleged the…
Musk’s Business Ties to China Pose National Security Risks: Expert
June 1, 2023
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Business & MarketsChinaChina Business & EconomyChina NewsCompaniesElon MuskMarketsNational SecurityteslaThreat from Communist ChinaUSUS-China relations
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Tesla CEO Elon Musk’s deepening relationship with China involves national security and business risks, according to Jon Pelson, author of “Wireless Wars, China’s Dangerous Domination of 5G and How We’re Fighting Back.” Pelson, former chief convergence officer for British Telecom, referred to Musk’s unannounced trip to China on May 30—his first visit to the country…
Musk’s Business Ties to China Involves National Security Risks: Expert
June 1, 2023
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Business & MarketsChinaChina Business & EconomyChina NewsCompaniesElon MuskMarketsNational SecurityteslaThreat from Communist ChinaUSUS-China relations
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Tesla CEO Elon Musk’s deepening relationship with China involves national security and business risks, according to Jon Pelson, author of “Wireless Wars, China’s Dangerous Domination of 5G and How We’re Fighting Back.” Pelson, former chief convergence officer for British Telecom, referred to Musk’s unannounced trip to China on May 30—his first visit to the country…
Republican Presidential Candidate Vivek Ramaswamy ‘Deeply Concerned’ Over Musk’s China Visit
June 1, 2023
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2024 electionBusiness & MarketsChinaChina Business & EconomyChina NewsCompaniesElon MuskFinance & Business TiesInvestmentMarketsPoliticsRepublican CandidatesRepublicansSpecial TopicsteslaThreat from Communist ChinaUSUS NewsUS-China relationsVivek Ramaswamy
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Republican Presidential candidate Vivek Ramaswamy is “deeply concerned” that Tesla CEO Elon Musk met with China’s foreign minister this week, while reportedly revealing an opposition to economic decoupling between the United States and China. Taking to Twitter on May 31, Ramaswamy said he was breaking an “unspoken rule in the GOP” by sharing his concerns about the billionaire’s…
US ‘Nuclear Umbrella’ to Cover Taiwan?
Weapons of mass destruction may be on the table for a certain Indo-Pacific island. Reports say Taiwan could be in talks to come under Washington’s “nuclear umbrella.” That would trigger the United States to retaliate in kind if Taiwan were to come under nuclear attack from Beijing. For decades, the U.S. nuclear umbrella has shielded…
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