Elon Musk intends to fire over 7,000 Twitter employees in the coming months. Twitter’s current management is also planning to reduce the company’s payroll by about $800M. Elon Musk, Tesla Motors CEO intends to cut the majority of Twitter’s workforce. According to recent reports from The Washington Post, the billionaire
Elon Musk’s Boring Company now accepts Dogecoin as payment. Tesla already accepts DOGE for some merchandise. Elon Musk’s underground tunneling system company, The Boring Company, has expanded its operations by launching a new perfume. Musk recently revealed in a tweet that the Company has launched an unusual product, a fragrance
Twitter lawsuit is on hold to allow Elon Musk to finalize the deal by October 28. Elon Musk agreed to buy Twitter at the initial offer price of $54.20 per share. Delaware Chancery Judge halted Twitter Inc’s lawsuit against Elon Musk on Thursday, allowing the billionaire time to complete his
Many see the takeover as potentially influencing the results of future elections. The Twitter stock soared almost 20%, reaching a new high of $52.06. Concerns were raised among investors when Tesla CEO Elon Musk gave his approval. To go through with the $44 billion takeover of Twitter at $54.20 per
According to a Twitter representative, the firm plans to finalize for $54.20 per share. On Tuesday, Twitter’s share price surged as the news of Elon Musk’s SEC filing spread. The new SEC filing about the acquisition raises the prospect that Elon Musk’s takeover of Twitter could soon come to an
Musk asserted that current humanoid robots are missing a brain. According to Musk, Tesla should achieve full self-driving this year. Elon Musk, the CEO of Tesla , demonstrated a prototype of its humanoid robot Optimus on Friday and forecast that the electric vehicle manufacturer would be able to produce millions
Peiter Zatko, Twitter’s former top security officer, will testify in upcoming hearing. Twitter CEO Parag Agrawal has also been invited to testify by senators. The world’s wealthiest man, Elon Musk, has backed out of a $44 billion bid to acquire Twitter, citing a whistleblower as the reason. However, in an
On September 21st, 2022, the Federal Reserve Board will determine the next hike. Economist Peter Schiff is sounding the alarm about imminent hyperinflation. Elon Musk, CEO of Tesla and SpaceX, has issued a grave warning for the American economy. Musk claims that deflation will occur if the Federal Reserve raises
Musk has pledged $44 billion to purchase Twitter for $54.20 a share. Musk alleged that Twitter misrepresented the prevalence of spam accounts. Elon Musk, CEO of Tesla, tweeted out a snapshot of many fictitious accounts purporting to be Binance CEO Changpeng Zhao’s replies to Musk yesterday and claimed that “90%
Musk gave whistleblower as the reason for terminating the $44 billion deal. But Musk and Twitter have both issued subpoenas demanding information on Zatko. Elon Musk, CEO of Tesla and the wealthiest man in the world, recently sent Twitter Inc. another notice of termination of their contract. This time, though,
