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Tesla shares up on confident tweets from Musk

Tesla shares up on confident tweets from Musk

Elon Musk, the billionaire entrepreneur and co-founder of Tesla Motors is a widely popular and followed social media personality, which means his tweets are usually capable of generating even stock movements. This is exactly what happened recently, when some optimistic comments on Twitter about the electric automaker’s expansion prospects in […]

Tesla Motors was cash flow positive last week, CEO says

Tesla Motors was cash flow positive last week, CEO says

Tesla Motors was cash flow positive last week, the EV maker’s CEO Elon Musk announced yesterday in a posting on Twitter. “Am happy to report that Tesla was narrowly cash flow positive last week. Continued improvement expected through year end,” Musk wrote in the message that got through to his more than […]

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A Simple Tweet Made You Pay More for Fuel

A Simple Tweet Made You Pay More for Fuel

Social media has again proved its power, this time affecting fuel prices with a false tweet. The Wall Street Journal announced that a Twitter account, presumably that of the Russian Interior Minister Vladamir Kolokoltsv, tweeted at 9:59 AM EST that Syrian president Bashar al-Assad had been injured or killed. Other […]

Fiat 500 America, the first vehicle sold on Twitter

Fiat 500 America, the first vehicle sold on Twitter

With an offer of 15.165 euros, a German internet user is the winner of the TwitBid dedicated to the Fiat 500 America. The vehicle has been assigned today during a short ceremony held in Turin, in Fiat Group Automobiles’ buildings. The company is only producing a total of 1,000 units […]

Mazda is announcing a new generation for its rotary engines

Mazda is announcing a new generation for its rotary engines

The Japanese based automaker Mazda seems to be having problems with its PR department because after it announced several times that its rotary engines will not be produced anymore starting from mid-2012, along with the famous RX-8 model, the manufacturer recently said that a new generation of rotary engines is […]