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Musk sold 85 billion worth of Tesla shares not 4 Musk sold 85 billion worth of Tesla shares not 4

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Musk sold $8.5 billion worth of Tesla shares, not $4 billion as previously reported

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On Friday, Elon Musk revealed additional details about the sale of Tesla shares. It turns out he sold $8.5 billion worth of shares in total, not $4 billion as reported yesterday.

On April 25, the world’s richest man reached an agreement to acquire Twitter for $44 billion, using a funding plan that alarmed some Tesla investors. In addition to pledging tens of billions of dollars of his Tesla shares to support margin loans, Musk has pledged to use about $21 billion of his own capital.

On April 26 and 27, SpaceX and Tesla founder Elon Musk sold 4.4 million shares. The Tesla CEO sold more than 5 million shares on April 28, according to new documents. The announcement that he would no longer sell the company’s shares came after the delayed sale.

Musk sold $8.5 billion worth of Tesla shares, not $4 billion as previously reported

The Twitter deal promises to be one of the largest leveraged deals in history. Musk has arranged $25.5 billion in debt and margin financing from lenders including Morgan Stanley. If it fails to buy Twitter, it will have to pay a $1 billion termination fee.

Tesla shares plummeted late last year when Musk sold more than $16 billion worth of shares, his first sale in more than five years. The sale began in November after Musk polled Twitter users about whether he should sell the shares to pay off debts.

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Electric Cars

Mazda is preparing another flagship seven-seater crossover. Mazda CX-80 will receive an in-line 6-cylinder engine

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Mazda is preparing another flagship seven seater crossover Mazda CX 80 will

Mazda just a few days ago declassified the CX-90 crossover – and now the web has already appeared details about the next flagship model, the CX-80.

Mazda is preparing another flagship seven-seater crossover.  Mazda CX-80 will receive an in-line 6-cylinder engine

If the CX-90 is the flagship, how can the CX-80 be the flagship? It’s simple: the CX-90 is a model for the US market, but the CX-80 will be the top model in Japan and Europe. He, as the name implies, will replace the CX-8. The CX-80 will be 4950mm long and the new model will be 25mm longer, 45mm wider and 10mm taller than the CX-8. Inside there will be three rows of seats.

The base for the CX-80 will be a 2.5-liter gasoline four-cylinder engine. There will also be a 3.3L inline-six diesel engine, a “mild” diesel hybrid and a plug-in hybrid powertrain borrowed from the CX-4.

The premiere of the Mazda CX-80 is expected this fall.

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This Geely crossover can accelerate to 100 km / h in 3 seconds. Zeekr X quality images

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This Geely crossover can accelerate to 100 km h

The Chinese resource Autohome has published high-quality images of the Zeekr X compact electric crossover (Zeekr brand is owned by Geeky). It will be the brand’s third model after the Zeekr 001 premium hatchback and the Zeekr 009 minivan.

This Geely crossover can accelerate to 100 km / h in 3 seconds.  Zeekr X quality images

The Zeekr X has some things in common with the Zeekr 001, but in general the crossover has received an individual look. Of the features – the absence of door handles, frameless windows, “muscular” sidewalls and a straightened roofline for more headroom for rear passengers.

This Geely crossover can accelerate to 100 km / h in 3 seconds.  Zeekr X quality images

This Geely crossover can accelerate to 100 km / h in 3 seconds.  Zeekr X quality images

The Zeekr X will be based on the Geely SEA (Sustainable Experience Architecture) platform, which is also used by Volvo. Despite its compactness (dimensions – 4450 x 1836 x 1572 mm), the car will be quite spacious inside, as the wheelbase is 2750 mm long. For comparison, the current Hyundai Santa Fe with a length of 4785 mm has a wheelbase of 2765 mm.

This Geely crossover can accelerate to 100 km / h in 3 seconds.  Zeekr X quality images

This Geely crossover can accelerate to 100 km / h in 3 seconds.  Zeekr X quality images
This Geely crossover can accelerate to 100 km / h in 3 seconds.  Zeekr X quality images

What will be the traction batteries and electric motors – one can only guess for now, but Geely has already officially announced that the Zeekr X will accelerate to 100 km / h in 3 seconds.

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Chery’s latest flagship. Huge crossover Chery Tiggo 9 showed live

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Cherys latest flagship Huge crossover Chery Tiggo 9 showed live

Chery has published official photos of the flagship crossover Chery Tiggo 9 in white, which is undergoing winter testing.

Chery's latest flagship.  Huge crossover Chery Tiggo 9 showed live

Despite the fact that the formal presentation of the novelty has not yet taken place, the company has already revealed almost all the details about the car, which will become Chery’s largest crossover.

Dimensions Chery Tiggo 9 will be 4780 x 1920 x 1700 mm with a wheelbase of 2800 mm. He will receive a large radiator grille with vertical slats, retractable door handles, parking sensors on the front and rear bumpers, a solid rear lamp.

Chery's latest flagship.  Huge crossover Chery Tiggo 9 showed live

Chery's latest flagship.  Huge crossover Chery Tiggo 9 showed live

Salon can be 5-and 7-seater. Chery compares the interior of the Tiggo 9 to that of a Mercedes-Benz. The car will receive a dual screen, consisting of a 12.3-inch full-featured instrument panel and a 12.3-inch central control screen. The new car will be equipped with a steering wheel with touch buttons, an electronic gearshift mechanism, an independent climate control system for rear passengers, heated rear seats, side vents, a rear sun visor and other options.

Chery Tiggo 9 will be equipped with two types of motors. The 254 hp SQRF4J20 is installed in the Tiggo 8, Tiggo 8 Pro and Tiggo 8 Plus. The second motor, numbered SQRF4J20C, has a power of 261 hp. and installs Exeed TXL, VX and LX.

Chery's latest flagship.  Huge crossover Chery Tiggo 9 showed live

Chery's latest flagship.  Huge crossover Chery Tiggo 9 showed live
Chery's latest flagship.  Huge crossover Chery Tiggo 9 showed live
Chery's latest flagship.  Huge crossover Chery Tiggo 9 showed live

In China, the car will go on sale in May at a price of $21,800.

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