“ KISS’ Gene Simmons Announces He’s Leaving Twitter/X and Will No Longer Post on Elon Musk’s Platform!”

March 15, 2025 nvvp News 0

Gene Simmons of KISS and Neil Young have announced they are leaving X (formerly Twitter) following Elon Musk’s endorsement of an anti-Semitic conspiracy theory. Musk supported a post claiming Jewish communities promote “hatred against whites,” known as the “great replacement” theory. Simmons did not specify why he was leaving but simply announced, “I’ve decided to end my X/Twitter posting.” Young also revealed his departure on his website, stating, “We are stopping all use of X we can control,” criticizing Musk’s stance.

Young shared a message urging reconciliation and focusing on unity for the future. Musk’s comments sparked backlash, with the White House condemning the promotion of hate. Following the controversy, major companies like Disney and Warner Bros pulled ads from the platform, citing concerns over anti-Semitic content. Musk has denied being anti-Semitic, claiming his remarks were aimed at groups like the Anti-Defamation League, not all Jewish people. He also threatened legal action against media outlets reporting on the issue.

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$1.4bn is a lot to fall through the cracks, even for Tesla

March 22, 2025 nvvp 0

We want to alert readers to a perplexing issue in the group’s accounting as Tesla’s vehicle sales and stock price fall in reaction to Elon Musk’s political and physical positions. It seems that $1.4 billion has been misallocated when comparing Tesla’s capital expenditures in the final half of 2024 with its appraisal of the assets that were purchased. The amount is significant enough to matter even at Tesla, and it comes as the company’s fully diluted stock market valuation has plummeted from $1.7 trillion to less than $800 billion, drawing focus back to its core metrics. Investors may have other questions after seeing Tesla’s cash flow statement, such as why a company with $37 billion in cash on hand raised $6 billion in new debt last year. Think about the apparent oddity first. Tesla is making significant investments, especially in AI infrastructure. In order to capitalize on prospects in robotics, computing, and batteries, it plans to spend at least $11 billion in each of the upcoming years. According to its cash flow records, Tesla spent $6.3 billion on â€œpurchases of property and equipment excluding finance leases, net of sales” in the third and fourth quarters of last year. However, the gross value of property, plant, and equipment increased by just $4.9 billion to $51 billion over that time on the balance sheet. The breakdown is in the financial statements’ Note 7: We anticipate that the figures will add up. For example, General Motors invested $30 billion in capital expenditures in the previous Luzi Hail, professor of accounting at the Wharton School, told us: Since we […]