Tag Archives: Elon

Newly revealed private texts show Jack Dorsey tried to get Elon Musk involved with Twitter at least a year before the $44 billion deal. ‘I trust you,’ Dorsey wrote.

Newly revealed private texts show Jack Dorsey tried to get Elon Musk involved with Twitter at least a year before the  billion deal. ‘I trust you,’ Dorsey wrote.

Dimitrios Kambouris/Getty Images for The Met Museum/Vogue/Joe Raedle/Getty Images Text messages between Elon Musk and various notables in tech and business have been released. In several private exchanges, Musk and Jack Dorsey discussed the platform and Musk’s involvement. “I trust you,” Dorsey said in one text to Musk. Elon Musk and Jack Dorsey texted privately about Twitter several times before and after the Tesla billionaire became financially involved in the company, newly revealed court… Source link

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Elon Musk’s legal team is frustrated after Twitter’s CEO cancels his deal deposition on short notice

Elon Musk’s legal team is frustrated after Twitter’s CEO cancels his deal deposition on short notice

Kevin Dietsch/Getty Images Parag Agrawal canceled an interview with Elon Musk’s lawyer the day before it was set to take place. The CEO has yet to reschedule, although the interview is expected to happen. Musk is expected to be interviewed later this week as part of the ongoing lawsuit. Twitter’s Parag Agrawal canceled on short notice a scheduled deposition as part of his company’s lawsuit against Elon Musk, frustrating the billionaire’s legal team, people familiar with the case told Insider. The… Source link

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I drove a Tesla for the first time after testing 14 other electric cars. Now I get why people are so obsessed with Elon Musk’s vehicles.

I drove a Tesla for the first time after testing 14 other electric cars. Now I get why people are so obsessed with Elon Musk’s vehicles.

The Tesla Model Y.Tim Levin/Insider I drove a Tesla for the first time and came away impressed with the much-hyped brand. The Model Y’s sleek interior, speedy acceleration, and innovative tech features set it apart. But its oversized touchscreen and lack of physical buttons isn’t for everyone. Tesla created and dominates the burgeoning market for electric vehicles. But can the startup’s popular cars withstand a barrage of competitors from titans like Ford, General Motors, and Volkswagen? That’s… Source link

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Elon Musk is receiving weekly reports detailing how many Tesla employees are staying away from the office

Elon Musk is receiving weekly reports detailing how many Tesla employees are staying away from the office

Elon Musk has expressed his dislike for remote work in the past.Maja Hitij/Getty Images Elon Musk and other Tesla executives receive weekly reports on employees’ office attendance. Tesla employees told CNBC that the reports were based on data from workers scanning badges at facilities. Employees have also complained that Tesla facilities are not able to properly accommodate office work. Elon Musk and other senior executives at Tesla are receiving weekly reports monitoring employees’ office… Source link

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Elon Musk told Trump to sail into the sunset, now the former President tells supporters it’s time to get rid of electric cars in Pennsylvania rally rant

Elon Musk told Trump to sail into the sunset, now the former President tells supporters it’s time to get rid of electric cars in Pennsylvania rally rant

In his first comments since the FBI raid on his Mar-a-Lago compound, Donald Trump took aim at electric vehicles in a speech over the weekend that managed to attack two of his main opponents—rising Republican star Elon Musk as well as incumbent President Joe Biden. Trump’s ambition to be the first to win back the White House since Grover Cleveland in 1893 was dealt a blow last month when law enforcement authorities seized confidential records property of the federal government unlawfully… Source link

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Elon Musk teases his website ‘X.com’ as a potential Twitter competitor as he barrels toward $44 billion trial in October

Elon Musk teases his website ‘X.com’ as a potential Twitter competitor as he barrels toward  billion trial in October

Alex Kantrowitz Elon Musk appeared to indicate “X.com” could become a Twitter competitor. Musk bought the domain name in 2017 from PayPal as it had “sentimental value.” Twitter is attempting to force Musk to buy the social media company in court for $44 billion. Elon Musk teased a possible Twitter competitor if he isn’t forced to go through with the $44 billion deal. Musk responded to a question on Twitter as to whether he’d launch his own site by simply tweeting “X.com” on Tuesday. The comment… Source link

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The ‘rude awakening’ for bankruptcies Elon Musk warned about hasn’t happened yet

The ‘rude awakening’ for bankruptcies Elon Musk warned about hasn’t happened yet

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, August 10, 2022 Today’s newsletter is by Brian Cheung, an anchor and reporter covering the Fed, economics, and banking for Yahoo Finance. You can follow him on Twitter @bcheungz. In May, Elon Musk tweeted that a recession was coming, and that “some bankruptcies need to happen.” But this “rude awakening” the billionaire warned… Source link

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Elon Musk Sells $6.9 Billion of Tesla to Avoid Twitter Fire Sale

Elon Musk Sells .9 Billion of Tesla to Avoid Twitter Fire Sale

(Bloomberg) — Elon Musk sold $6.9 billion of his shares in Tesla Inc. the billionaire’s biggest sale on record, saying he needed cash in case he is forced to go ahead with his aborted deal to buy Twitter Inc. Most Read from Bloomberg “In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,” Musk tweeted late Tuesday after the sales were disclosed in a series of… Source link

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Elon Musk is doubling down with potentially strong fraud claims against Twitter

Elon Musk is doubling down with potentially strong fraud claims against Twitter

Tesla (TSLA) CEO Elon Musk raised the stakes in his court battle with Twitter (TWTR) on Friday, filing a counter lawsuit that accuses the social media company of fraud. “He’s now really doubling down,” University of Iowa corporate and securities law professor Robert Miller says about Musk’s countersuit. “That’s a very strong claim, if true.” In his countersuit made public on Friday, Musk’s lawyers detailed arguments first made in a July 8 letter to terminate Musk’s agreement to… Source link

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Elon Musk said he and the ‘whole of SpaceX’ had to be drug tested for a year after he smoked weed on Joe Rogan’s podcast

Elon Musk said he and the ‘whole of SpaceX’ had to be drug tested for a year after he smoked weed on Joe Rogan’s podcast

“I don’t even know how to smoke a joint,” Elon Musk told the hosts of the “Full Send” podcast.Theo Wargo/WireImage Elon Musk said he had to take drug tests for a year after smoking weed on Joe Rogan’s podcast in 2018. He and the “whole of SpaceX” were subjected to random drugs tests by the government, he said. “I don’t even know how to smoke a joint,” the tech billionaire told the “Full Send” podcast Thursday. Tesla’s CEO, Elon Musk, said the federal government required him to undergo random… Source link

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