Elon Musk

How Did Elon Musk Help Etsy Shares?

In what was just another incident of wild, speculative trading in stock market, Etsy witnessed a huge jump in its share. Its stock recorded a 9% increase in premarket trading after Tesla chief Elon Musk tweeted to favor Etsy.

What did Elon Musk tweet?

I kinda love Etsy was all Elon Musk had to say about the ecommerce giant. And this tweet sent Etsy shares in ascending mode. The e-commerce company that recorded little growth in premarket prior to Musk’s tweet saw its shares moving up soon after the tweet was published. According to experts, the tweet could help Etsy achieve the highest spot in the S&P 500 when markets open.

What is the effect musk’s tweet?

Elon Musk is no stranger to investors and he has a history of influencing stock prices especially about Tesla. He uses bold statements on the social media to make his company’s share jump and investors take his opinions seriously. It is exactly what happened with Etsy shares that saw a big jump following Musk’s tweet.

What did Musk say last year?

In a similar incident last year, Elon … Read the rest

Capturing Carbon Emission Technology Can Get You $100 Million Prize

Inspired by the inaugural speed of president Joe Biden, Tesla Inc chief and billionaire entrepreneur Elon Musk announced a $100 million prize to encourage development of technology to capture carbon emission. He said on Twitter that the best technology will get the award.

Capturing carbon emission

It is fast becoming a crucial part of plans made to cut carbon footprint. But there’s little progress registered in this field as all efforts are put at reducing carbon emission than taking carbon dioxide out of the air. But the shift in approach was noticed last year when the International Energy Agency highlighted the need to develop a technology that can capture carbon emission. According to the agency, only this technology can help meet the net-zero emission target.

$100 million prize

The announcement was made on Twitter by Elon Musk. Also, the billionaire entrepreneur said that he would provide more details in his second tweet. Tesla officials were approached for further information on the prize but they didn’t give any response.

Elon Musk

Elon Musk is heading a couple of futuristic companies in addition to Tesla. He has … Read the rest

Elon Musk Announces Welcome Of A New Family Member

Elon Musk, the SpaceX CEO and the outspoken Tesla chief, shared his joy of becoming a father with his followers through a tweet. When a fan asked about his coming child, an elated Musk lost no time in replying that the baby is just a few hours away.

Elon Musk’s extended family

Musk, 48, has been dating the musician Grimes since 2018 and now she’s become mother of a cute baby. The Internet community has been waiting for this good news ever since Grimes posted an image in which she showed her baby bump on Instagram. The photo was published in January 2020 hence the birth was expected in May. It was Musk’s sixth child as he already has five children and he has been divorced three times. Surprisingly, he has divorced the same woman twice.

Grimes

She is a famous musician but Grimes isn’t her real name. She is Claire Boucher and she is 32 years old. Also, it is her first baby. And she’s quite happy with the healthy delivery.

The couple … Read the rest

Vehement Critic Of AI Elon Musk Hires AI

Tesla CEO Elon Musk has been a vehement critic of Artificial Intelligence (AI) but he is now using AI technology. The technology works like his subordinate and reports directly to him.

Elon Musk using AI

A strong critic of AI, Elon Musk often criticized Facebook CEO Mark Zuckerberg and former Alibaba Chairman Jack Ma over the role of AI. But he has finally decided to use AI. He is using AI in his startup Neuralinkthat is creating a brain-machine interface.

Musk tagged the popular host of AI podcast on YouTube Lex Fridman while tweeting about his obsession with AI. He tweeted that he was using AI to solve self-driving. But for him, AI could only do benign tasks and he critically evaluates those tasks.

Tesla using AI

Artificial Intelligence is used for vision and planning to achieve a general solution to full self-driving. Tesla is developing silicon chips that it could use to power its full self-driving software from ground. It is taking every aspect of design of the chips to get expected results. The company is applying cutting-edge research to solve issues from perception to control.

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