Massive fire in Jacksonville airport's parking garage, over 30 flights delayed
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Economic Times
22-07-2025
- Economic Times
After a $20 billion loss, Elon Musk gets serious — launches Tesla-themed restaurant with 24/7 robot servers
After a $20 billion setback tied to a political clash with US president Donald Trump, Tesla CEO Elon Musk is switching gears, quite literally, as per a report. The billionaire tech mogul has traded Wall Street drama for burgers, milkshakes, and humanoid robots with the surprise launch of a Tesla-themed restaurant in the heart of of Hollywood, as per The Mirror report. Tesla Diner & Supercharger in Hollywood, LA Open 24/7, starting now — Tesla (@Tesla) July 21, 2025 The new diner, which officially opened its doors at exactly 4:20 p.m. on July 21, the unusual timing might have been chosen as Musk is fascinated by the number 420 and uses it frequently, according to the report. It features a retro-futuristic design, a drive-in movie theater, 80 Tesla superchargers, and also, robot servers, as per The Mirror report. Tech expert, Nathan Espinoza asked in a social media TikTok video, saying, "Why in the world is Elon Musk opening a Tesla restaurant?" and then added, "Today, Tesla opened it first ever restaurant in Los Angeles and Elon Musk is putting the fries in the bag," as quoted by The new venture comes after the feud with Trump over the 'Big Beautiful Bill', a sweeping piece of legislation that slashed government incentives for electric vehicles, as per the report. The fallout cost Musk personally an estimated $20 billion, with investors reportedly suffering five times that amount in losses, as reported by The Mirror. This may have led him to expand his empire with new ideas, as reported by The Mirror. ALSO READ: Are ice baths the secret to better health? Experts reveal the cold, hard truth The Tesla Diner, as it's officially called, is open 24/7 and offers a full menu that includes items like the 'Tesla Burger,' hot dogs, fried chicken and waffles, tuna melts, all-day breakfast, and desserts, as reported by The Mirror. Even kids' menu is available too, according to the report. The diner also added, "They are giving out drinks and ice cream as well," as quoted by The Mirror. Nathan described in his TikTok video as he showcased the lengthy queue of people outside, saying, "It's a retro-style drive-in theater/supercharger with a full-on restaurant that serves burgers, milkshakes and popcorn," as quoted by The Mirror. He also asked, "The one thing I want to know, which nobody seems to be talking about is whether the food is good or not," and then added, "That's what matters here," as quoted in the a person shared a picture of the burger in a Tesla-shaped box on social media and said that, "Elon's diner isn't just serving food, it's serving vibes," as quoted by The Mirror. ALSO READ: Beat the heat! 5 lawn hacks to save your yard from a summer meltdown The diner is also fully integrated with Tesla's cutting-edge tech, including appearances from Optimus, the company's humanoid robot, which serves popcorn, and assists with ordering merchandise on sale, as reported by The per the Tesla diner's website, there are room for 250 patrons and contains 80 supercharger stalls, and says that, "Diner of the future," as quoted in the report. ALSO READ: King Charles' funeral plans leaked — Palace in chaos over massive censorship operation The website describes that, "Located in Hollywood, California, Tesla Diner is a Supercharging station, classic American diner and drive-in experience all wrapped up into one. With retro-futuristic design influences, this location offers Tesla and non-Tesla drivers alike with charging access along the historic Route 66 highway," as quoted by The diner also said, "The two-story restaurant offers 24/7 dining, so you can grab a meal any time you need to charge. Our upper level Skypad allows you to enjoy views of the city or the megascreens while you recharge. Place your order in advance or when you arrive through your vehicle's touchscreen or dine inside." as quoted in the website also added that, "Watch movies and special features on either of two 66-foot LED megascreens. View from our Skypad or from your Tesla vehicle cabin using the Tesla Diner app. To find out what's playing next, check your Tesla vehicle's touchscreen," as quoted by The Mirror. Why did Elon Musk open a restaurant?After political and financial setbacks, Musk appears to be expanding the Tesla brand starting with dining. Is the restaurant only for Tesla owners? No, it's open to everyone, although Tesla drivers can place orders from their vehicle's touchscreen.
Time of India
19-06-2025
- Time of India
Meet Mark Walter: Billionaire investor poised to take control of the iconic LA Lakers sold for $10 billion
Billionaire investor Mark Walter is set to become the new majority owner of the Los Angeles Lakers in a record-breaking $10 billion deal. This is the highest valuation ever for a sports team. Even after the sale, Jeanie Buss will continue as the team's governor, keeping some leadership with the Buss family. Mark Walter is already the main owner of the Los Angeles Dodgers baseball team. He will get the controlling ownership of the Lakers by buying most shares from the Buss family. The Lakers' $10 billion valuation is the biggest in NBA and professional sports history. This huge value partly comes after the Lakers made a big trade for star player Luka Doncic recently. Walter was born in Cedar Rapids, Iowa. He studied at Creighton University and Northwestern. In 2000, Walter co-founded Guggenheim Partners, a private financial services company, as per the report by The Mirror. Guggenheim Partners now manages over $325 billion in assets. Walter is CEO of Guggenheim Partners. Guggenheim works in many fields like asset management, insurance, merchant banking, and more. Investment Walter's investment empire is controlled through TWG Global, a company he co-chairs with Thomas Tull. TWG Global invests in sports, technology, artificial intelligence, finance, insurance, and real estate. TWG recently committed $2.5 billion with Abu Dhabi's Mubadala Capital for a $40 billion AI investment fund, according to the report by The Mirror. Live Events Walter already owns 20% of the Lakers through TWG Global. He is also the owner of the WNBA's Los Angeles Sparks. Walter holds a 12.7% stake in Chelsea Football Club in England's Premier League. He owns part of the Professional Women's Hockey League. Walter has invested in motorsports, including the Cadillac Formula 1 team with Andretti Global and Spire Motorsports. Spire Motorsports plans to start racing in 2026. His estimated net worth is between $6 billion and $12 billion, depending on how his companies are valued, as reported by The Mirror. Sports and tech Walter has invested in insurance firms such as Group 1001 and Delaware Life. He also holds shares in public companies like Carvana. With this Lakers deal, he will shift from being a minority owner to becoming the majority owner. This change could speed up big decisions and changes in the Lakers franchise. Despite the change in ownership, Jeanie Buss will continue to be the team governor. NBA legend Magic Johnson, who owns 2.3% of the Dodgers, publicly supports Walter's new role. Magic Johnson said on social media, "Mark Walter is the best choice and will be the best caretaker of the Laker brand," according to The Mirror. He praised Walter for winning 2 World Series titles and 11 division titles with the Dodgers in 12 years. Magic said Lakers fans should be very happy because Walter is focused on winning and doing things the right way. He also said Jeanie Buss sold to Walter because they both are competitive, caring, and prefer to work quietly behind the scenes. Magic Johnson said he is very excited for Lakers fans worldwide. This deal is not just about money; it shows Walter wants to reshape global sports. Walter's record shows he is willing to invest big money, innovate, and build top teams in many industries. The Lakers' future under Walter's majority ownership will likely follow his bold and ambitious style, as stated by The Mirror. FAQs Q1. Who is buying the LA Lakers ? Billionaire Mark Walter is buying the majority stake in the LA Lakers at a $10 billion valuation. Q2. Will Jeanie Buss still run the Lakers? Yes, Jeanie Buss will remain the team governor even after Mark Walter becomes majority owner. Economic Times WhatsApp channel )
India Today
16-05-2025
- India Today
Massive fire in Jacksonville airport's parking garage, over 30 flights delayed
A massive fire broke out in the parking garage of Florida's Jacksonville International Airport on Friday, prompting the authorities to close the facility, The Mirror reported."Due to a fire in the Hourly Garage, the airport is currently closed. JFRD is on-site working the issue. JSO has blocked inbound and outbound road access to the airport. Additional details will be forthcoming soon," the airport authorities posted on of the incident showed a massive blaze that broke out in the multistory parking garage, engulfing several cars parked inside the cause of the fire was not immediately known. Jacksonville Fire and Rescue crews swung into action and launched an operation to douse the a result of the fire and the subsequent closure of the airport, over 30 flights were delayed, the report added. There were no reports of any injuries or casualties in the several passengers hoping to fly to their destinations on time, made their resentment known with posts on social media."Walking out of Jacksonville Airport and the parking structure is on fire. Tires exploding, but people thought bombs are going off. No bombs just tires," an X user a month ago, a Delta Air Lines flight was evacuated at Orlando International Airport when one of its engines caught fire. The aircraft, Flight 1213, was preparing to depart from the gate at about 11:15 am on April 21 when the fire began, as reported by the Federal Aviation Administration (FAA).The plane, an Airbus A330, was en route to Hartsfield-Jackson Atlanta International Airport with 282 passengers, 10 flight crew members, and 2 pilots aboard.
