Advertisement
Canada markets closed
  • S&P/TSX

    22,244.02
    +20.35 (+0.09%)
     
  • S&P 500

    5,537.02
    +28.01 (+0.51%)
     
  • DOW

    39,308.00
    -23.90 (-0.06%)
     
  • CAD/USD

    0.7349
    +0.0002 (+0.03%)
     
  • CRUDE OIL

    83.71
    -0.17 (-0.20%)
     
  • Bitcoin CAD

    75,366.35
    -4,933.20 (-6.14%)
     
  • CMC Crypto 200

    1,147.88
    -113.30 (-8.98%)
     
  • GOLD FUTURES

    2,369.40
    0.00 (0.00%)
     
  • RUSSELL 2000

    2,036.62
    +2.75 (+0.14%)
     
  • 10-Yr Bond

    4.3550
    0.0000 (0.00%)
     
  • NASDAQ futures

    20,411.50
    0.00 (0.00%)
     
  • VOLATILITY

    12.26
    +0.17 (+1.41%)
     
  • FTSE

    8,241.26
    +70.14 (+0.86%)
     
  • NIKKEI 225

    41,051.49
    +137.84 (+0.34%)
     
  • CAD/EUR

    0.6787
    -0.0005 (-0.07%)
     

Sorry Burners, Elon Musk says he never toured a 4,000 acre property to build a permanent Burning Man city

Elon Musk
Elon Musk

(AP)
Tesla CEO Elon Musk

Burning Man devotees dreaming of a permanent city will have to keep looking for someone to bankroll the project.

Tesla CEO Elon Musk, who had been rumored to have toured an investment property that could host a permanent Burning Man community, has not in fact visited the property, according to a Tesla spokesperson.

Musk and Google co-founder Sergey Brin were both cited in a recent New York magazine report that said the two were rumored to have toured a 4,000 acre property in Northern Nevada where organizers of the Burning Man festival hoped to create a permanent community.

ADVERTISEMENT

"Elon has not toured this property," a Tesla spokesperson said in an email.

Musk, the billionaire entrepreneur who founded SpaceX and is the CEO of electric car maker Tesla, is a regular attendee at the week-long Burning Man festival. The annual festival in Nevada's Black Rock desert attracts artists, nudists and partiers, and began this week.

The "Burning Many Fly Ranch city" is envisioned as a mix of homes and communal spaces built to blend into the desert where the Burning Man principles of “radical inclusion” and “gifting” would be the law of the land year-round.

NOW WATCH: New aerial footage shows aftermath of explosion in China



More From Business Insider