October 16, 2021

The Queens County Citizen

Complete Canadian News World

Elon Musk has officially announced Tesla’s “Technoking”

Elon Musk has officially announced Tesla's "Technoking"

They need to be addressed soon by calling Elon Musk a “sire”: Tesla’s weird owner officially announced his company “Technoking” (King of Tech) on Monday.

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Its CFO Zach Kirkhorn received the title of “Master of Coin”, indicating that the electric vehicle manufacturer recently acquired $ 1.5 billion in bitcoin virtual currency.

The company did not specify whether these titles contain additional work.

The decision was announced in an administrative document sent to the American Financial Markets Authority (SEC) and laconic has two lines: “As of March 15, 2021, Elon Musk and Zach Kirkhorn hold shares in Tesla’s Technoking and Master of Coin, respectively. Elon and Jack hold their CEO and CFO positions ”.

Mr. Musk, who is accustomed to controversy, has previously broken with SEC regularly, alleging that he cheated investors when he mentioned in a tweet in 2018 that Tesla was likely to withdraw from the stock exchange. Is strong enough for such an operation.

The authority is currently pressuring the businessman, who is valued at $ 179 billion by Bloomberg, to resign as chairman of the board of directors and pay a $ 20 million fine.

The founder on Monday intervened in the new method of “NFT”, theoretically non-pirated thanks to the technology of the popular “blockchain”, these virtual objects with popular sales that allow to integrate digital work with authentic certification. Thanks to cryptocurrencies like Bitcoin.

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Mr Musk announced on his Twitter account that he had sold a piece of techno music as “NFT” using the theme of “NFT” (Non-Fungal Token).

According to the American Press, his colleague, Canadian singer Grimes, recently auctioned off “NFT” packages combined with audiovisual creation with unpublished music for a total of $ 6 million.