Tuesday, July 20, 2010

Electric car owner has a message for you

The owner of this particular car - a Tesla electric sportscar known as the Tesla Roadster - had a message for the rest of us on the number plate of his high-powered electric car. "LOL OIL", the plate reads.  
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Thursday, July 15, 2010

Elon Musk disses Jim Cramer's stock picks live on CNBC

Elon Musk, the millionaire CEO of Tesla Motors, took time to knock the stock picks of Jim Cramer while live on the Mad Money host's own television network, CNBC, during their coverage of Tesla's IPO. 


The electric car mogul mentioned Cramer's backing of Bear Sterns (which eventually went bust) as argument that his picks were 'counter-indicators'. "We're no Bear Sterns", he says. You can find the remark at around 0:41 into the clip, which is embedded above. [Via sunnydays020388]
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Tuesday, June 22, 2010

Elon Musk, Tesla Motors CEO and PayPal founder is so very, very poor

The CEO of Tesla Motors, a former member of the PayPal 'mafia' and tech-boom poster-boy, has reported that he is out of cash, now unable to fund his extravagant lifestyle.

In a Dealbook column entry this morning, it was revealed that despite his fortune when he was thirty eight (it totaled about $200 million) he is now broke.

Musk says that he put his last few millions into Tesla, the company named after a Serbian electrical engineer which is trying (somewhat successfully) to put the sex appeal into electric cars.

The article compares the financially troubled tech baron to the fictional Iron Man character Tony Stark, and reveals Musk's 'liquidity issues'.
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