Musk loses $56B pay in historic case led by drummer Tornetta. Tornetta, with few Tesla shares, emerges as unexpected opponent. Highlights role of individual shareholders in shaping corporate rules. Tesla CEO Elon Musk faced a major setback this week as a judge stripped him of his $56 billion pay package, marking one of the largest … Read more
Twitter may not survive the oncoming economic collapse. Bankruptcy should not be ruled out if the company fails to increase subscription revenue. The company’s Chief Privacy Officer and Chief Compliance Officer both quit. Twitter may not “survive the oncoming economic collapse,” said CEO Elon Musk in a conference call with staff. Twitter’s new owner has … Read more
Elon Musk is attempting to halt his $44 billion (£36 billion) purchase of Twitter. He claims many violations of the contract. Twitter’s claim that less than 5% of its users are spam and bot accounts was challenged. Elon Musk is attempting to halt his $44 billion (£36 billion) purchase of Twitter, claiming many violations of … Read more
Elon Musk told Twitter staff the company needs to become more useful if it wants to reach 1 billion users. He compared it to WeChat, a Chinese mega app that combines social networking, money, gaming, and even ride-hailing. “If we can recreate that with Twitter, we’ll be a great success,” he said. Elon Musk also … Read more
Tesla CEO Elon Musk has a ‘super bad feeling’ about the economy. He wants to cut about 10% of jobs at the electric carmaker. The message comes two days after he told employees to return to work or leave the company. Tesla employed around 100,000 people in the company and its subsidiaries at the end … Read more
Elon Musk has been instructed by means of Twitter’s felony crew that he violated a non-disclosure settlement after he formerly tweeted about how the corporation checks for bot money owed, he tweeted Saturday. “Twitter criminal just referred to as to whinge that I violated their NDA with the aid of revealing the bot test sample … Read more
Elon Musk has slammed America’s terrible work ethic and hailed hardworking Chinese workers who stay at the factory until 3 a.m. ‘burning the 3am oil.’ When compared to their Chinese counterparts, Tesla CEO Elon Musk, who once slept on his Fremont factory floor during production of the company’s Model 3 sedan, said Americans are “trying … Read more
Elon Musk’s $44 billion buyouts of Twitter are providing ammo for an impending trial in which an investor will say the CEO’s $56 billion pay deal from Tesla Inc was a waste of money because it did not secure his full-time services. According to one of the shareholder’s attorneys, the Twitter Inc deal and its … Read more
Twitter CEO Parag Agrawal attempted to calm employee rage at a company-wide meeting on Friday, as employees demanded answers on how managers planned to handle an expected mass departure caused by Elon Musk. The discussion comes after Musk, the Tesla CEO who agreed to buy Twitter for $44 billion, frequently attacked Twitter’s content moderation processes … Read more
Tesla Inc forecasted on Wednesday that vehicle deliveries would increase by more than 50% year on year in 2022, despite persisting supply chain difficulties that it expects to be resolved until next year. Elon Musk’s optimistic prognosis comes after the world’s most valuable automaker reported record quarterly sales that exceeded Wall Street projections. However, the … Read more
Twitter reconsiders Elon Musk’s bid for takeover At first, threatening the possibility of Tesla CEO Elon Musk assuming control over Twitter, the organization is supposedly getting used to the thought after the very rich person said last week he had gotten the important $43 billion in financing. Sources acquainted with the matter told The Wall … Read more
Elon Musk, the world’s richest man, has admitted that he currently does not own a home and sleeps in the spare bedrooms of friends. Musk made the remark in a recent interview with TED’s Chris Anderson. “I don’t even own a place right now. I’m literally staying at friends’ places,” he was quoted as saying … Read more
Elon Musk’s tumultuous bid to shop for Twitter continued Saturday when the Tesla CEO took to the social media platform to again claims that the “game is rigged” if his attempts fail. “If the sport is truthful, Elon will purchase Twitter. If the game is rigged, there will be some reason why he won’t be able to,” … Read more
Since his birth, Elon Musk’s youngest kid, X A-XII, has ruled the internet, first for his unusual name, then for his cheerful attitude. He just joined his father in a virtual business presentation, and internet users can’t get enough of him. While presenting an update on Starship at the National Academies of Sciences, Engineering, and … Read more
Tesla CEO Elon Musk will testify in his own defense against a defamation lawsuit brought by a British cave explorer, Musk’s lawyer said in Los Angeles. Vernon Unsworth is suing Musk for calling him a “pedo guy.” Musk posted the tweet after Unsworth accused Musk in an interview of grandstanding by offering to help Unsworth’s … Read more
