The pay package of Musk, who is also a major shareholder and CEO of rocket maker SpaceX, requires Tesla’s market capitalisation and financial growth to hit a series of rising targets
Dogecoin spinoff Shiba Inu surges 16% after Elon Musk s Twitter mention
Current rise in China-based Shiba Inu has made it 28th most valuable crypto-based token. Labelled as fun crypto like Dogecoin, it has seen a significant surge in value this year Tesla CEO Elon Musk
Updated Jun 26, 2021, 2:05 PM IST
Dogecoin spinoff Shiba Inu rose to a six-week high on Friday after Tesla chief executive Elon Musk tweeted what he will name his Shiba Inu dog. Musk, who s quite active on social media and likes to tweet on all sorts of things from electric cars to space to cryptocurrencies to his 57 million followers, tweeted his Shiba Inu will be named Floki .
Tesla Inc Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy
Backing the top-notch performance capabilities for Model S Plaid, Elon Musk also focused on the role the vehicle is likely to play in Tesla s product line