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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 0 788

Patrocinados

Educación

How unlimited information actually limits learning

Once, students looking to supplement their knowledge of a topic had to rely on the limited...

By 2023-03-02 10:44:43 0 1051

Technology

Satellite Internet packages in South Africa — Speeds and prices compared

South Africans living in rural areas without mobile or fixed network coverage can get Internet...

By 2023-03-28 06:49:55 1 1176

News

South Africa lost over 6,000 taxpayers to emigration last year – but that’s not the biggest problem, according to SARS

SARS commissioner Edward Kieswetter says that headlines beating the drum on emigration eroding...

By 2023-03-29 07:34:38 0 1034

News

German court issues arrest warrant for Markus Jooste

A German court issued an arrest warrant for Markus Jooste, former chief executive officer of...

By 2023-06-22 14:03:54 0 1023

Other

How much a load-shedding survival kit costs

Load-shedding will be a reality in South Africa for some time, and many backup power solutions...

By 2023-06-21 07:02:22 0 996