Cape Canaveral, FL…On Wednesday, April 27 at 3:52 a.m. ET, 7:52 UTC, Falcon 9 launched Dragon’s fourth science expedition mission Crew-4 to the International Space Station from Launch Complex 39A at NASA’s Kennedy Space Center in Florida. Following stage separation, Falcon 9’s first stage landed on the A Shortfall of Gravitas droneship. Dragon will autonomously […]
Dearborn, MI…Today marks the launch of the all-new, electric F-150 Lightning pickup – a milestone moment in America’s shift to electric vehicles. F-150 Lightning trucks are now being built for customers across America. F-150 Lightning is the fastest-accelerating F-150 yet and the only full-size electric pickup available now with a starting price less than $40,000. […]
San Francisco, CA…Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company. Under the […]
Austin, TX…The first quarter of 2022 was another record quarter for Tesla by several measures such as revenues, vehicle deliveries, operating profit and an operating margin of over 19%. Our outstanding recourse debt has fallen below $0.1B at the end of Q1. Public interest in a sustainable future continues to rise, and we remain focused […]
Pebble Beach, CA…Building upon a nearly century-long relationship, the United States Golf Association and Pebble Beach have forged a landmark partnership that seeks to benefit the game of golf for generations to come. As part of today’s announcement, Pebble Beach will now host four future U.S. Opens (2027, 2032, 2037 and 2044) as well as four […]
San Francisco, CA…Twitter, Inc. (NYSE: TWTR) today announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan (the “Rights Plan”). The Board adopted the Rights Plan following an unsolicited, non-binding proposal to acquire Twitter. The Rights Plan is intended to enable all shareholders to realize the full value of their […]
San Francisco, CA…The following is Elon Musk’s letter to Twitter Management…”I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither […]
Oakland, CA…Pacific Gas and Electric Company (PG&E) and district attorneys representing six Northern California counties announced settlements resolving the 2019 Kincade Fire and 2021 Dixie Fire. As a result of these agreements, no criminal charges will be filed in the Dixie Fire, and the criminal complaint regarding the Kincade Fire will be dismissed. PG&E has […]
Washington, DC…The Producer Price Index for final demand increased 1.4 percent in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.9 percent in February and 1.2 percent in January. (See table A.) On an unadjusted basis, final demand prices moved up 11.2 percent for the 12 months […]
Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.2 percent in March on a seasonally adjusted basis after rising 0.8 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment. Increases in the indexes for gasoline, […]
