Yesterday, Elon Musk surprised a lot of people when he announced that Tesla (TSLA) has made an offer to acquire SolarCity (SCTY). The entrepreneur is the largest individual shareholder of both companies – he owns about 21% of Tesla and 22% of SolarCity. Some Tesla shareholders are already calling the deal a “bailout” of SolarCity, especially…
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How Elon Musk Started
Elon Musk is now Earth’s most future-oriented person. How did such a person come to be? In a hundred years, when most people reading this and the person writing this are long gone, Musk’s cars and rockets will still be circling the Earth and the skies. How can such a person get started against all…
Elon Musk’s Next Project Creating Overnight Millionaires?
Why Is Elon Musk Buying This Rare Metal Hand Over Fist? Elon Musk relies on one crucial resource: lithium. Lithium is the “fuel” in the batteries that power Tesla Motors Inc (NASDAQ:TSLA) cars. Commodity prices from crude oil to iron and copper have dropped all worldwide. But there is one notable exception: lithium. The price…