Tag Archives: Musk

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

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

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

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

(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

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

It was business as usual at Tesla’s (TSLA) annual meeting last night, peppered with commentary from CEO Elon Musk across a number of topics like car production, supply chain and pricing, and of course the status of the Cybertruck. A number of proposals were put to shareholders to vote on, key among them management’s desire for a 3 for 1 stock split, which was approved by shareholders. Based on yesterday’s closing price the new share price would be around $308. Musk’s presentation to… Source link

“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

Elon Musk’s lawyers are accusing Twitter (TWTR) of “burying” his side of the story in their dispute over the Tesla (TSLA) CEO’s decision to renege on a $44 billion deal to buy the social media site. In dueling letters filed in Delaware Chancery Court on Wednesday, Twitter argued that court rules require Musk’s countersuit, now filed under seal, to be blocked from public view for five business days. Meanwhile, Musk accused Twitter of misapplying the rule to conceal his version of… Source link

Bankers and advisers that backed Tesla (TSLA) CEO Elon Musk’s $44 billion bid for Twitter (TWTR) have been hit with a flood of new subpoenas from the social media site’s lawyers. Those lawyers want to know what happened in Musk’s private negotiations leading up to the now-disputed deal. On Tuesday, Twitter filed more than a dozen subpoenas in its fast-tracked lawsuit to force Musk to go through with the deal. The filings directed to Musk’s advisers and would-be lenders — including Source link