Tag Archives: Musk

Elon Musk is going to war with Apple (AAPL). The Tesla (TSLA) CEO and new head of Twitter took to his social media platform on Monday to call out the iPhone maker for pulling back on advertising on the site and called out Apple for its 30% App Store fees. In a series of tweets, Musk accused Apple of suppressing speech by requiring apps in its store to abide by certain content standards and questioned whether or not the company hates free speech in America. In one tweet, Musk specifically… Source link

Elon Musk will need more trusted recruits if he wants to successfully reinvent Twitter, according to one former top CEO. Elon “needs a team around him,” Bill George, former Medtronic CEO turned leadership expert, said on Yahoo Finance Live (video above). “He’s not starting something new. This is an ongoing enterprise. Millions of people are posting every minute on that site. So I think he’s got a tiger by the tail. He’s a brilliant guy, but I think he’s going to need help. And I would like to… Source link

Twitter Chief Elon Musk says he’d consider making an “alternative phone” in the event that Twitter is removed from the Apple App Store and Google Play. Musk made the comments on Friday night in response to conservative commentator Liz Wheeler, who tweeted, “If Apple & Google boot Twitter from their app stores, @elonmusk should produce his own smartphone. Half the country would happily ditch the biased, snooping iPhone & Android. The man builds rockets to Mars, a… Source link

When it comes to litigation, it’s surprising the kinds of revelations that come out when someone is under oath. And that includes what’s next for Tesla’s (TSLA) leadership. During testimony yesterday at trial over Elon Musk’s 2018 pay package, Tesla board member James Murdoch testified that Elon Musk has identified someone as a potential successor for his role as CEO at Tesla. “He actually has,” Murdoch said when a plaintiff’s attorney asked him to confirm that Musk has never… Source link

By Leika Kihara NUSA DUA, Indonesia (Reuters) -Billionaire Elon Musk said on Monday he was working “at the absolute most amount…from morning til night, seven days a week” when asked about his recent acquisition of Twitter and his leadership of automaker Tesla Inc. “I have too much work on my plate that is for sure,” Musk said by videolink to a business conference on the sidelines of the G20 summit in Bali. Musk is chief executive of both companies and also runs rocket firm SpaceX, brain-chip… Source link

Elon Musk’s tenure at Twitter got even bumpier on Thursday, as he reportedly told employees during an emergency all-hands meeting that he can’t rule out the company filing for bankruptcy in the next year. Musk made the announcement during the all-hands meeting after an employee asked about the company’s current run rate, according to both The Information and Platformer managing editor Zoë Schiffer. Musk also reportedly told employees that if they weren’t physically at the office 40… Source link

Tesla (TSLA) slipped today following disclosure of another stock sale from CEO Elon Musk, with the shares now down nearly 49% year to date. In a filing submitted with the SEC on Tuesday, Musk declared he sold around 19,500,000 shares over the course of three days in November, worth around $3.95 billion. The latest sale comes only a few days after Musk closed his deal to buy Twitter on October 27, in a deal worth $44 billion. It is unclear how much outside equity and personal money Musk has… Source link

A week after Elon Musk completed his acquisition of the social media giant Twitter, the Tesla (TSLA) and SpaceX CEO came under fire after he reportedly started laying off nearly half of Twitter’s 7,500 employees. Musk’s detractors, who worry the platform may become overrun with bigots and bad-faith actors, criticized the CEO well before he acquired the platform. The magnate has drawn controversy for various actions ranging from his polarizing tweets to reopening a Tesla factory in… Source link

Twitter sent employees an email Thursday notifying them that layoffs would begin on Friday morning, according to multiple news reports including The New York Times. The email told employees not to come into the office on Friday as the layoffs begin. The cuts will affect roughly half of Twitter’s workforce, according to The Times, which cited an investor and internal messages. “In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global… Source link

Elon Musk doesn’t just wear a lot of hats when it comes to juggling his many roles — he’s more like a hat rack overflowing with headwear. Following the close of his deal to acquire Twitter (TWTR), Musk appointed himself the CEO of the company, as well as its lone board member. Adding that his other day jobs as CEO of Tesla, CEO and chief engineer of SpaceX, in addition to his role as founder of companies like The Boring Company, Neuralink, and OpenAI, the question has arisen whether the… Source link