April 18, 2021

Breaking News Today

Latest news, breaking news, today's news stories

Tesla names Elon Musk ‘Technoking’ in cryptic regulatory filing

1 min read
Tesla Inc added “Technoking of Tesla” to billionaire Chief Executive Elon Musk’s list of official titles on Monday in a formal regulatory filing that also named finance chief Zachary Kirkhorn “Master

Tesla Inc added “Technoking of Tesla” to billionaire Chief Executive Elon Musk’s list of official titles on Monday in a formal regulatory filing that also named finance chief Zachary Kirkhorn “Master of Coin”.

For the latest headlines, follow our Google News channel online or via the app.

The electric-car maker did not elaborate on the reasons for the cryptic new titles in a pair of statements that also said President of Automotive Jerome Guillen had moved to the role of President for Tesla Heavy Trucking, effective March 11.

Last month, Tesla revealed it had purchased $1.5 billion of bitcoin and would soon accept it as a form of payment for cars, sending the price of the world’s most popular cryptocurrency soaring.

Musk’s recent promotion of dogecoin on Twitter has also lifted the price of that cryptocurrency.

Bitcoin hit new highs of near $62,000 over the weekend but retreated around 5 percent early in the European day on Monday.

Read more:

Elon Musk’s historic wealth gains unravel with $27 billion loss in 5 days

Elon Musk startup wires monkey’s brain to play video games

Explainer: Why is Elon Musk telling people to use the Signal app?

Source: News https://english.alarabiya.net/business/markets/2021/03/15/Tesla-names-Elon-Musk-Technoking-in-cryptic-regulatory-filing

Copyright © All rights reserved. | BREAKING NEWS TODAY
Shares
Share This