Forget Tesla CEO — Elon Musk has been promoted. According to a new SEC filing, the billionaire should now be referred to as “Technoking of Tesla.”
His chief financial officer, Zach Kirkhorn, has also been given a promotion… to “Master of Coin.” Both men are going to retain their respective positions.
Musk has reason to celebrate, with figures suggesting that Tesla has been sitting on close to $19 million in unrealized profit per day since announcing its $1.5-billion Bitcoin purchase. This almost eclipses the $721 million in profit it made from selling 500,000 cars in 2020.
The billionaire also waded into the trendy world of nonfungible tokens this week when he announced he was planning to sell a musical NFT, with lyrics based on the hype surrounding the technology — “It’s verified, it’s guaranteed.” Very catchy.
Despite bids exceeding $1.1 million on the Valuables platform, Musk later took his ball home, tweeting: “Actually, doesn’t feel quite right selling this. Will pass.” https://cointelegraph.com/magazine/2021/03/20/bitcoin-move-musks-promotion-toilet-paper-nft
WKEY
Recent WKEY News
- OISTE.ORG and WISeKey to Participate at the 2024 Clinton Global Initiative, Showcasing New Technologies to Provide Digital Identities to Disadvantaged Communities • GlobeNewswire Inc. • 09/17/2024 05:00:00 AM
- WISeKey Subsidiary WISe.Art Updates on Tokenization Project and Announces Marketplace Revamp • GlobeNewswire Inc. • 09/13/2024 08:21:11 PM
- WISeKey’s SEALCOIN Project Leverages Hedera DLT: Invites IoT Companies to Perform Proof of Concept (PoC) for Transactional-IoT (t-IoT) Technology • GlobeNewswire Inc. • 09/11/2024 12:55:43 PM
- WISeKey’s WISe.ART, Digital Platform Powered with Cyber Security, and CryptoVerse Island, Announce Their Support for the Maiti Nepal Foundation • GlobeNewswire Inc. • 09/10/2024 05:00:00 AM
- WISeKey Presents Digital Transformation Initiatives at APBA Event in Spain • GlobeNewswire Inc. • 09/05/2024 05:00:00 AM
- Bernardino Abad Grupo Logístico becomes the primary reference for the WISeContainer platform and sensors • GlobeNewswire Inc. • 09/04/2024 04:55:16 PM
- WISeKey Subsidiary WISeSAT Announces the Signing of a Proof of Concept Agreement with Tránsitos y Transportes Logísticos S.L. for its WISeTruck IoT Sensors and Tracking Platform • GlobeNewswire Inc. • 09/04/2024 04:28:21 PM
- WISeKey Subsidiary WISeSAT.Space Announces Strategic Alliance with Global Radio Systems • GlobeNewswire Inc. • 09/04/2024 04:19:46 PM
- WISeKey Subsidiary WISe.ART Presents NFTs from The Three Gates of Wisdom • GlobeNewswire Inc. • 08/29/2024 05:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/19/2024 08:15:27 PM
- WISeKey Partners with Venafi on Post-Quantum Encryption Services • GlobeNewswire Inc. • 08/14/2024 05:00:00 AM
- SEALCOIN Secures $50 Million Investment Commitment from GEM Digital Limited Through a Structured Token Subscription Agreement of the SEALCOIN Utility Token to Develop Decentralized Physical Internet Network (DePIN) • GlobeNewswire Inc. • 08/13/2024 04:00:00 PM
- WISeKey Renews WebTrust Compliance for OISTE/WISeKey Global Root of Trust • GlobeNewswire Inc. • 08/06/2024 05:00:00 AM
- SEALCOIN Technology Successfully Tested in a Proof of Concept for Transactional-IoT M2M • GlobeNewswire Inc. • 08/05/2024 05:00:00 AM
- WISeKey Subsidiary WISe.ART Revolutionizes Ultra-Luxury Market with Strategic Move to Web 3.0 Platform • GlobeNewswire Inc. • 07/09/2024 04:24:48 PM
- WISeKey Announces the Establishment of SEALCOIN AG Subsidiary • GlobeNewswire Inc. • 07/02/2024 05:08:35 PM
- WISeKey Subsidiary WISeSat.Space to Bring Blockchain to Space for Improved Satellite Services • GlobeNewswire Inc. • 07/02/2024 05:00:00 AM
- WISeKey Shareholders Approved All Agenda Items of the 2024 Annual General Meeting • GlobeNewswire Inc. • 06/28/2024 04:25:59 PM
- WISeKey subsidiary WISeSat.Space Announces Developments in Secure IoT Connectivity and Climate Monitoring with European Satellite Independence and Strategic Military Collaboration • GlobeNewswire Inc. • 06/26/2024 05:00:00 AM
- WISeKey Announces Creation QUANTIX EDGE SECURITY Joint Venture with SEALSQ, ODIN Solutions, and TProtege • GlobeNewswire Inc. • 06/20/2024 12:30:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/14/2024 08:17:16 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/14/2024 08:16:23 PM
- WISeKey Announces Retirement of Peter Ward as Chief Financial Officer; Appoints John O’Hara as its New Chief Financial Officer • GlobeNewswire Inc. • 06/14/2024 05:00:00 AM
- SEALCOIN Launches DEPIN IoT Entity Amidst Strategic Investment from The Hashgraph Association • GlobeNewswire Inc. • 06/13/2024 04:00:00 PM
- WISeKey Integrates DePIN on OISTE-WISeKey Cryptographic Root of Trust • GlobeNewswire Inc. • 06/12/2024 05:00:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM