Tesla Inc
Biden officials worry Musk will allow Trump return to Twitter
White House officials and Democratic strategists are privately worrying how Elon Musk’s $44 billion hostile takeover of Twitter will affect the 2024 presidential election — especially whether the billionaire will allow former President Donald Trump return to the platform. Officials within President Joe Biden’s administration are closely watching the deal, according to more than half […]
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Twitter accepts Elon Musk’s buyout deal
Twitter’s board has accepted an offer from billionaire Elon Musk to buy the social media company and take it private, the company announced Monday. The cash deal at $54.20 per share is valued around $44 billion, according to the press release. Twitter will become a private company once the deal is complete. The announcement ends […]
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Ford beefs up F-150 Lightning production in a forceful bid to dominate the electric pickup market
A Ford F-150 Lightning on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – Ford Motor is set to be the first automaker to bring a mainstream, full-size electric pickup to the U.S. market, poised to capitalize on a first-mover advantage in what’s expected to be a hotly […]
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Twitter may want to finalize Musk deal before reporting disappointing quarter, analysts speculate
SpaceX founder Elon Musk reacts at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019. Mike Blake | Reuters Twitter may want to finalize […]
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Twitter shares jump 5% on reports it could accept Elon Musk’s bid as early as Monday
Brendan Smialowski | Afp | Getty Images Twitter shares jumped more than 5% in the premarket on reports the company is nearing a deal with Elon Musk that could be announced as soon as Monday. Musk earlier this month offered to buy Twitter for $54.20 a share, or about $43 billion. The social media company […]
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Elon Musk says he confronted Bill Gates about shorting Tesla
CEO of Tesla Elon Musk says he confronted fellow billionaire Bill Gates about whether he was shorting Tesla’s stock. Musk is seen here at the Tesla Giga Texas manufacturing “Cyber Rodeo” grand opening party on April 7, 2022. Suzanne Cordeiro | AFP | Getty Images Elon Musk has accused Microsoft co-founder Bill Gates of shorting […]
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Jack Dorsey’s new title: Block Head
Jack Dorsey, CEO, Twitter testifies at Congressional hearing, March 25, 2021. CNBC Jack Dorsey is no longer the CEO of Block. He no longer has the title, at least. In a filing with the SEC on Friday, the company formerly known as Square said Dorsey has changed his title to Block Head. Block updated its […]
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Morgan Stanley theorizes how Elon Musk’s tunnel company will one day work together with Tesla
“The ‘Muskonomy’ is starting to bloom,” analysts wrote. Source
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House Republicans demand Twitter’s board preserve all records about Musk’s bid to buy the company
Rep. Jim Jordan, R-Ohio, attends a news conference with members of the GOP Doctors Caucus after a meeting of the House Republican Conference in the U.S. Capitol on Wednesday, January 19, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images A group of 18 House Republicans is asking Twitter’s board to preserve all records […]
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Many factory workers in Shanghai can’t get back to work, even after Covid controls ease
Tesla’s Shanghai factory was “back up and running” as of Wednesday, according to CEO Elon Musk’s comments during a quarterly earnings call, per a StreetAccount transcript. This picture shows the factory on the outskirts of Shanghai in July 2021. Vcg | Visual China Group | Getty Images BEIJING — Foreign businesses are struggling to bring […]
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