Elon Musk
EV battery costs could spike 22% by 2026 as raw material shortages drag on
Attendees look at the all-electric Ford F-150 Lightning pickup truck at the Washington Auto Show in Washington on Tuesday, January 25, 2022. Bill Clark | CQ-Roll Call, Inc. | Getty Images The cost to produce electric vehicles is primed to surge over the next four years, according to a new report, the result of scarcity […]
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Musk met Twitter execs for 3 days before making a bid, unclear if they discussed bots
Elon Musk has said he won’t move forward with his $44 billion Twitter acquisition until he has more details about fake accounts on the platform, but he met with the company’s top brass for three days to discuss its business before he publicly announced his bid, according to a new securities filing. The filing with […]
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Twitter loses three more senior employees ahead of Musk deal
The official profile of Elon Musk on the social network Twitter. Rafael Henrique | Lightrocket | Getty Images Three more senior employees are leaving Twitter ahead of Elon Musk’s anticipated buyout, CNBC confirmed Tuesday. Ilya Brown, vice president of product management; Katrina Lane, vice president of Twitter Service; and Max Schmeiser, head of data science […]
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Elon Musk blasts Joe Biden, says he has failed to get much done
Elon Musk arrives for the 2022 Met Gala at the Metropolitan Museum of Art on May 2, 2022, in New York. Angela Weiss | AFP | Getty Images Tesla CEO Elon Musk blasted Joe Biden during an interview this week, saying the president is someone who just reads off a teleprompter and that his administration […]
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New filing reveals the full story behind Musk’s bid to buy Twitter
The official profile of Elon Musk on the social network Twitter. Rafael Henrique | Lightrocket | Getty Images A new filing with the Securities and Exchange Commission sheds light on the Twitter board’s early conversations with billionaire Elon Musk as he decided to join the board, and later, abandon that plan and try to take […]
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Elon Musk says Twitter deal ‘cannot move forward’ until he has clarity on bot numbers
Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Elon Musk has said his $44 billion purchase of Twitter will not move ahead until he has more clarity on how many accounts are fake. Twitter estimated in a filing earlier this month that fewer than 5% of its monetizable […]
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Musk reportedly says Twitter deal at lower price ‘not out of the question’
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Elon Musk hinted that he could seek to renegotiate the price of his Twitter takeover, saying a deal at a lower price wasn’t “out of the question,” Bloomberg reported Monday. Musk reportedly made […]
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Twitter CEO explains how the company actually fights spambots in rebuttal to Musk
Twitter CEO Parag Agrawal on Monday laid out how the social media company fights fake and spam accounts on the platform. The information, posted in a lengthy Twitter thread, comes just days after Elon Musk said he would put his $44 billion acquisition of the company “on hold” while he researches the proportion of fake and spam […]
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Trump’s free to use Twitter if Musk lifts his ban, but he has to post on Truth Social first
Former President Donald Trump speaks to supporters during a rally at the I-80 Speedway on May 01, 2022 in Greenwood, Nebraska. Scott Olson | Getty Images Former President Donald Trump will partially restrict himself on social media, even if Elon Musk lifts Trump’s ban on Twitter, according to an SEC filing from Digital World Acquisition […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to open slightly lower after 7 straight weeks of selling Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 13, 2022. Brendan Mcdermid | Reuters U.S. […]
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