Monthly Archives: October 2022

Elon Musk says Tesla can surpass the combined value of Apple and Saudi Aramco, the world’s 2 most valuable companies

Tesla CEO Elon Musk. Ray Tamarra/Getty Images The CEO of Tesla said the EV maker’s market cap could be more than Apple and Saudi Aramco combined. Apple and Aramco are the world’s top two companies by market capitalization. The combined market cap of Aramco and Apple is six times that of Tesla, at today’s stock…

There was a method to the madness of Trump’s foreign diplomacy, says Gordon Sondland, the EU ambassador Trump fired

Sondland was ambassador to the EU until he was fired by the Trump administration in February 2020. (L) Tom Williams/CQ-Roll Call, Inc via Getty Images and (R) Mario Tama/Getty Images Gordon Sondland said former President Donald Trump’s diplomacy was more measured than it seemed. Sondland recounted a meeting where Trump entertained top German auto executives…

A Russian state TV pundit’s disagreement with Putin’s war sparked a shouting match between him and his colleagues

Soldiers conduct military exercise in Moscow, Russia, on September 1, 2022. Russian Defense Ministry / Handout/Anadolu Agency via Getty Images A Russian state TV pundit argued for talks in Ukraine, deviating from the Kremlin’s pro-war rhetoric. He immediately found himself cornered by his colleagues, who tried to shout and talk over him. Boris Nadezhdin has…

The billionaire CEO of LVMH sold his private jet to stop people from tracking it on Twitter. Take a look inside the jet, which costs around $73 million.

Bernard Arnault; Bombardier Global 7500. David M. Benett/Getty Images; Bombardier LVMH CEO Bernard Arnault sold the company’s jet after Twitter accounts began tracking the plane. After selling the Bombardier 7500, Arnault said he now rents planes whenever he flies privately. Renting a jet isn’t cheap: It costs around $11,000 to charter the jet for an…

US trolls Hungary, the most pro-Russian EU state, reminding its leaders they are supposed to be allies with the West

A man passes by a poster that “We are being punished by the Brussels sanctions”, in Budapest on October 18, 2022. Hungary’s leaders have objected to the severity of EU measures against Russia. FERENC ISZA/AFP via Getty Images The US called out Hungary stance on the invasion of Ukraine, which has been softer than many…

Elon Musk says he is ‘obviously overpaying’ in his $44 billion deal to buy Twitter

Tesla CEO Elon Musk. Patrick Pleul/picture alliance via Getty Images Elon Musk says he’s “obviously overpaying” with his $44 billion deal to buy Twitter. The tech mogul added that he’s “excited” about the takeover and that the site has “incredible potential.” Musk is the world’s richest person with an estimated net worth of $209 billion….