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Elon Musk’s fortune slumped by $16.1 billion (R304.72 billion)

Elon Musk’s fortune slumped by $16.1 billion (R304.72 billion) Thursday after Tesla Inc.’s weak third-quarter earnings weighed on shares. Musk, who is the richest person on the planet with a fortune of $209.6 billion (R3.99 trillion), owns 13% of Tesla and derives the majority of his wealth from the auto company. Tesla’s shares fell by 9.3% after it missed both earnings and sales expectations for the quarter. In a conference call following the earnings release Wednesday,...

By 2023-10-20 22:52:40 0 262

Patrocinados

Technology

Elon Musk’s Starlink now available in South Africa — but there is a catch

SpaceX’s Starlink satellite Internet service can be used in South Africa, provided you can...

By 2023-03-28 06:44:20 0 299

Services

Eskom announces longest load-shedding break since start of the year

Eskom will suspend load-shedding from 11:00 on Monday, 20 March 2023, due to significantly lower...

By 2023-03-20 23:58:25 0 271

Hobbies

Showmax loses R1.2 billion

MultiChoice revealed that Showmax lost R1.2 billion in the last financial year but would not...

By 2023-06-22 14:02:19 0 279

Science

phpfluid.com

A piston pump & motor is a type of reciprocating pump that moves and pressurizes fluid by...

By 2023-02-21 05:59:00 0 519

General

Jobs that pay the highest average salaries in South Africa

Employment data from Statistics South Africa reveals which workers in the country’s...

By 2023-06-21 13:33:38 0 266