Tesla’s Elon Musk continued to flirt with trouble on Twitter.
The chief executive posted on Monday that he had deleted all references to the titles he held at Tesla, then joked that in doing so, he may have confused “the authorities”.
The posts were not-so-subtle jabs at the US Securities and Exchange Commission, which sued Mr Musk last month over tweets he sent about trying to take Tesla private. The billionaire agreed to pay a $20 million penalty and relinquish the role of chairman as part of a settlement. Tesla also assented to setting up controls to oversee Mr Musk’s social media posts regarding the company.
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Read more:
Musk tweets that $20 million penalty for tweet was ‘worth it’
Tesla posts profit with Model 3 surge
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The settlement has not stopped Mr Musk, 47, from repeatedly needling the SEC. Late Friday, he said an unspecified tweet that cost him $20m was “worth it.” While the agency actually took issue with several of his posts in its lawsuit, an initial missive in which he claimed to have secured the funding for a Tesla buyout was perhaps the most notorious one.
Earlier this month, Mr Musk trolled the SEC by calling it the “Shortseller Enrichment Commission” and mockingly wrote that it was “doing incredible work”. He then ranted about short selling over the course of more than 20 hours, calling for it to be banned.
On October 16, a US judge signed off on the SEC settlement, after Tesla, Mr Musk and the regulator said in a joint filing that the deal was in the best interest of investors.
Tesla slipped in after-hours trading on Monday following Musk’s tweets, falling as much as 1.3 per cent to $330.60. The shares are up about 7.6 per cent this year.
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
The specs
Engine: 6.2-litre V8
Transmission: ten-speed
Power: 420bhp
Torque: 624Nm
Price: Dh325,125
On sale: Now
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
How to get there
Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
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What is type-1 diabetes
Type 1 diabetes is a genetic and unavoidable condition, rather than the lifestyle-related type 2 diabetes.
It occurs mostly in people under 40 and a result of the pancreas failing to produce enough insulin to regulate blood sugars.
Too much or too little blood sugar can result in an attack where sufferers lose consciousness in serious cases.
Being overweight or obese increases the chances of developing the more common type 2 diabetes.
Disclaimer
Director: Alfonso Cuaron
Stars: Cate Blanchett, Kevin Kline, Lesley Manville
Rating: 4/5
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
