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Category: Elon Musk – Page 158

Tesla’s Elon Musk responds to UN World Food Program director’s call to “solve world hunger”

A few days ago, United Nations World Food Program (WFP) director David Beasley told CNN that a small group of ultra-wealthy individuals such as Tesla and SpaceX CEO Elon Musk could help solve world hunger with just a fraction of their net worth. Musk’s net worth currently stands at $311 billion thanks to a recent rally in TSLA stock, effectively making the CEO the world’s wealthiest individual today.

While speaking at CNN’s Connect the World with Becky Anderson, Beasley called for billionaires to “step up now, on a one-time basis.” He also noted that even just 2% of Musk’s current net worth could solve world hunger. This translates to roughly about $6 billion. “$6 billion to help 42 million people that are literally going to die if we don’t reach them. It’s not complicated,” the UN WFP director said.

Musk has now responded to Beasley’s statements. While responding to a post on Twitter which highlighted that the UN World Food Program actually raised $8.4 billion in 2,020 Musk noted that if the WFP could explain exactly how $6 billion would solve world hunger, then he would be more than willing to sell some TSLA stock right now. This is a key point as most of Musk’s net worth is tied to his majority stake in Tesla. This means that for Musk to have $6 billion in cash, he’d have to sell TSLA stock, which would then be taxed.

2% of Elon Musk’s wealth could solve world hunger, says director of UN food scarcity organization

A “perfect storm” of several crises, such as climate change and the Covid-19 pandemic, mean many nations are “knocking on famine’s door,” Beasley said.

A small group of ultra-wealthy individuals could help solve world hunger with just a fraction of their net worth, says the director of the United Nations’ World Food Programme.

Billionaires need to “step up now, on a one-time basis”, said David Beasley in an interview on CNN’s Connect the World with Becky Anderson that aired Tuesday — citing specifically the world’s two richest men, Jeff Bezos and Elon Musk.

“$6 billion to help 42 million people that are literally going to die if we don’t reach them. It’s not complicated,” he added.

Elon Musk announces Tesla Full Self-Driving Beta 10.4 update as rollout slows down

Elon Musk has announced the upcoming release of Tesla’s Full Self-Driving Beta 10.4 update as Tesla slows down the rollout.

Earlier this week, Tesla started rolling out Full Self-Driving Beta 10.3.

The update came after a false start last weekend when Tesla pushed the update with some problems and ended up reverting back to 10.2.

Elon Musk slams billionaire tax: ‘Eventually, they run out of other people’s money and then they come for you’

No. Eventually billionaires will run out of OUR money, NOT the other way around. I love the things and companies he’s created. I love the industries he’s revolutionized and the massive Kickstart he has given to our entire species and it’s extrasolar future. He is INARGUABLY a brilliant man. But he’s also a shitty human being. He’s like so many other brilliant people that enjoy public life and the sound of his own voice who can all too often forget that they are NOT experts in EVERYTHING ELSE just because experts on something else. Musk is just another example of that kind of ego overspill. It’s not the first time he’s done it, and it will NOT be the last or worst occurrence of… Let’s call it the “Big brain on Brad golden suitcase of indeterminate origin syndrome.”

💦🤯💦

☝🙄💼

💥🙏💥

Elon Musk is among those finding fault with a proposed annual tax on billionaires’ unrealized capital gains by Democratic lawmakers, with the world’s richest man agreeing with the view that this type of tax eventually would hit others as well.

New Hypersonic Space Plane Is Called the “Sexbomb” for Some Reason

O,.o.

A Canadian aerospace company has chosen an eyebrow-raising name for a hypersonic space plane it plans to launch in 2022: “Sexbomb.”

Space Engine Systems (SES) announced that it wants to launch the, uh, Sexbomb in Manitoba, according to a press release from the company. The vehicle will be used to test the company’s spacecraft engine prototype.

Of course, you might be wondering what’s with the name. Perhaps it was inspired by Tom Jones 0 or maybe the employees are all just huge Scott Pilgrim fans. Or, more realistically, maybe it’s just a grabby name from Elon Musk’s meme marketing playbook.