Elon Musk Archives - Page 57 of 74

Twitter Accepts Elon Musk’s Offer to Buy Company, Deal to Complete ‘within Days’

Twitter has accepted Elon Musk's offer to buy the social media company for $44 billion, with the deal now expected to complete within a matter of days. The news follows Musk's dramatic U-turn on Tuesday. The Tesla CEO and Twitter have been locked in a court battle after Musk terminated…

Elon Musk Changes Tune, Offers to Proceed with Deal to Buy Twitter

Tesla CEO Elon Musk has suddenly changed his tune and offered to complete his deal to buy Twitter, according to reports. Musk says he will complete his takeover of Twitter Inc (TWTR.N) at the agreed price of $54.20 per share, a Bloomberg news report revealed today. Twitter shares were up…

Tesla Shares Dip as Vehicle Deliveries Fall Short in Q3

Tesla shares have fallen on news that the electric automaker failed to meet its target for vehicle deliveries in the third quarter. Deliveries of Tesla vehicles fell short despite setting a new record. Tesla revealed the figures in a report published by the company over the weekend. The electric vehicle…

Elon Musk Overrules Biden, Offers 4-Point Peace Deal for Russia and Ukraine

Tesla CEO Elon Musk has overruled Democrat President Joe Biden to offer up a four-point peace deal between Russia and Ukraine. Musk has been helping Florida's Republican Governor Ron DeSantis deal with the devastating effects of Hurricane Ian. Musk moved quickly to help DeSantis by restoring internet connection to the…

Elon Musk & Jack Dorsey’s Private Text Messages Expose Rationale behind Twitter Takeover

The private text messages between Elon Musk and other key figures related to his Twitter takeover effort have exposed the rationale behind the billionaire's bid to buy the company. The messages were revealed in a new court filing (pdf) in Musk's lawsuit battle with Twitter. In the weeks leading up…

Elon Musk Slams Kamala Harris for Saying Race Should Determine Who Gets Hurricane Aid

Tesla CEO Elon Musk has slammed Kamala Harris after the vice president said that hurricane aid should be given to people based on their race. In a statement about the federal government's response to Hurricane Ian, Harris argued that people from "communities of color" should be a priority for aid.…

Elon Musk Puts Google on Notice, Suggests He’ll Work with Dan Bongino’s YouTube Rival Rumble

Tesla CEO Elon Musk has put Google on notice over the censorship on its YouTube video platform, suggesting that he's interested in working with Dan Bongino’s free speech rival Rumble instead. Bongino has an equity stake in Rumble and was one of the first prominent media figures to embrace the…

Elon Musk Warns America That Biden’s Fed Is Tanking Economy

Elon Musk has issued a warning to the American people that Democrat President Joe Biden's Federal Reserve is tanking the US economy. The warning from Musk comes amid rising concern about the Fed's poor monetary policy. On Monday, Wharton Business School professor Jeremy Siegel criticized the Federal Reserve and its…

Whistleblower Drops the Hammer on Twitter in Senate Testimony

Former Twitter executive-turned-whistleblower Peiter Zatko dropped the hammer on his former company during a Senate testimony on Tuesday. During a wide-ranging hearing before the Senate Judiciary Committee that lasted more than two hours, Zatko told lawmakers about a breadth of concerns he has about the Big Tech giant. Among several…

Most Twitter Shareholders Want Elon Musk to Take Over Company, Report Reveals

Most of Twitter's shareholders say they want Elon Musk to take over the social media company, a new report has revealed. A majority of shareholders voted in favor of selling the Big Tech giant to Musk in a $44 billion deal, according to a recent report from Reuters. Multiple sources reportedly told…