Musk submits offer to buy Twitter in its entirety; here's what he'd do

By Gabe Rodriguez Morrison
Musk offers to buy all of Twitter to bring it private
Musk offers to buy all of Twitter to bring it private
@austinbarnard45/Twitter

After taking a 9% stake in Twitter, Elon musk has submitted an offer to buy the entirety of Twitter for $54.20 a share totalling about 43 billion dollars. This represents a 54% premium over the price Elon Musk began acquiring Twitter stock and a 38% premium over the day the investment was announced. In the regulatory filing Musk stated:

"I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy," Musk said in the filing. "However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company."

In a phone call with the Twitter Board, Musk said: "If the deal doesn’t work, given that I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder."

If the offer is not accepted, Musk would likely sell his position because he believes the company would need to go private to reach its full potential. Currently, Twitter shares are trading at around $46 a share, signaling that investors don't think the deal will go through.

Musk spoke at a TED talk in Vancouver where he was asked about his motivations behind the hostile takeover. He made it clear that his motive for taking the company private is rooted in the preservation of free speech, "This is not a way to make money ... I don't care about the economics at all."

He added "This is just my strong intuitive sense ... that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization."

If the proposed deal did go through, Musk would take the company private in order to transform the company. Once the necessary changes are made, he would likely take the company public again in one of the most anticipated IPOs in history.

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Tesla Model Y, the best selling EV in Q1, wins U.S. News 'Best Luxury Electric SUV'

By Gabe Rodriguez Morrison
Tesla Model Y wins U.S. News Best Luxury SUV
Tesla Model Y wins U.S. News Best Luxury SUV
Kelley Blue Book

Tesla's Model Y has won U.S. News 'Best Luxury Electric SUV' award. U.S. News writes "Despite the onslaught of new competitors, the Tesla Model Y is one of the most capable and well-rounded luxury electric SUVs that you can buy at the moment," U.S. News added, “If you’re in the market, this is an option that’s well-worth a test drive.”

The Model Y was first delivered to owners in early 2020 and was the automaker’s second mass-market vehicle after the Model 3. The Model Y effectively expanded Tesla’s product line to include a new body style. Tesla’s Model Y has rapidly become the company's best-selling vehicle, despite being more expensive than the Model 3. This speaks to the prominence of the Model Y, dominating the widely-popular crossover SUV sector. 

Tesla's Model Y starts at $62,990, making it much more appealing to mass markets than the Model X which starts at $114,990. Tesla's Model X has been offered for seven years, but is still only produced for sentimental reasons, according to CEO Elon Musk.

U.S. News highlights that, while the Model Y offers less cargo and utility room than the Model X, it still includes many of the same tech features and comparable performance. A fully enhanced Model Y has a 0 to 60 MPH of just 3.5 seconds while still having over 300 miles of range and a 155 MPH top speed.

It's no surprise that the Model Y was the recipient of the U.S. News ‘Best Luxury Electric SUV’ award as it topped the list of best-selling EVs in the US in Q1 2022. In Q1 2022, U.S. EV sales were up 60% year-over-year, demonstrating the continued shift away from internal combustion engine vehicles.

Tesla had the top 3 best selling EVs

Tesla took first, second and third place with an impressive 52,051 registered units for the Model Y, and 47,682 registered units of the Model 3. These two models alone make up the bulk of the entire U.S. EV market. Tesla also achieved third place with 9,250 registrations of the Model S and seventh place is the Tesla Model X with 4,899 registrations. Tesla remains the leader in EV sales, consistently selling a number of vehicles unattainable to competitors.

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How to add more 'Quick Control' icons in the Tesla app

By Rene Pepin
You can add a fifth Quick Control icon to the Tesla app
You can add a fifth Quick Control icon to the Tesla app

Tesla completely redesigned their app with version 4.0 last year. Since then Tesla has been quickly iterating on its features with updates and new features coming every few weeks.

With version 4.3 of the Tesla app, Tesla added the ability to customize the Quick Control buttons on the main screen.

You can add up to four buttons, but with this little trick, you can also add a fifth icon.

Add a Fifth Icon to the Tesla App

To add a fifth icon start by long-pressing the row of icons to bring up an editing screen to sort or replace those icons with the ones you use most frequently.

Now here is where the fun starts because it will take a little manual dexterity to add the additional icon but when you do it correctly your sense of accomplishment will out weight your initial frustration.

Here is the trick:

With your right thumb, pick up one of the available icons and drag it over the fourth icon (in the screen above it is the Front Trunk icon), but do not release it.

While keeping your right thumb held down, use your thumb on your left hand to press on the 1st icon (in the screen above it is the HVAC icon), and drag it to the second icon (the Defrost icon). The icon you have brought up will move offscreen to the right into the invisible fifth spot.

Release both fingers simultaneously and VIOLA a fifth icon will magically appear.

Have fun mixing and matching your icons as your needs change. You can update the icon bar as often as needed.

Video

Tesla used to allow users to continue to add an unlimited amount of icons, but it wasn't a great experience so the total number of icons is now limited to five.

Additional Tips

There are several other useful bits of information about the Tesla app that could make it more useful.

For example, you can tap the battery icon at the top of the screen to access charging information. This brings up the same information as tapping on the Charge Quick Control icon.

If you prefer tapping the battery icon, you can remove the Charge icon from the Quick Controls area, allowing you to free up a spot, essentially giving you an extra Quick Control slot.

Wake Up Your Vehicle Quicker

When using the app most commands are executed through the vehicle's internet connection, which requires your vehicle to be awake.

Waiting for your vehicle to wake up could sometimes take up to a minute, but there is a way to speed it up if you're within Bluetooth distance (around 30 feet).

Some commands are sent via Bluetooth, which allows them to be completed even if the vehicle is asleep. This includes locking and unlocking the doors.

When completing one of these commands, your Tesla starts to turn on almost immediately.

If you're waiting for your vehicle to turn on, you can send a command to lock/unlock your vehicle and your vehicle should wake up quicker than just waiting.

Widget

If you've added a fifth icon to your Quick Controls and use the Tesla app widget, then the widget will now display all five icons as well.

No Need to Wait

With the introduction of the Tesla app version 4.0 last year, Tesla quietly rolled out a feature that changes the way you use the app.

Previously, you needed to open the Tesla app, wait for your vehicle to wake up, and then you could send a command to the car, such as using turning on the climate system or using HomeLink.

However, now you can simply open the app, tap your desired function (it'll show a spinning circle) and you can quit the app.

Instead of the command going directly to your car, it will now be sent to Tesla. Tesla's servers will be the ones who wait for your vehicle to wake up, and when it does, Tesla will execute the command.

If for some reason Tesla isn't able to wake up your vehicle due to a poor connection or another error, then you'll receive a notification saying the command failed.

This makes turning on the HVAC system a much more enjoyable experience.

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Upcoming Release

View the release notes for the upcoming version 2022.16.

Confirmed by Elon

Take a look at features that Elon Musk has said will be coming soon.

Days Until Next Release

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Estimated days until version 2022.20 is released.

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Although we share official Tesla release notes, we are not affiliated with Tesla Motors. We are Tesla fans and supporters.

Upcoming Release

View the release notes for the upcoming version 2022.16.

Confirmed by Elon

Take a look at features that Elon Musk has said will be coming soon.

Days Until Next Release

34

Estimated days until version 2022.20 is released.

Subscribe to be notified when new software is released.

Subscribe

Subscribe to be notified when new software is released.