Browsing Tag

elon musk

228 posts
Twitter

Twitter’s board unanimously recommends $44Bn Elon Musk buyout to shareholders

The saga of the multi-billion-dollar acquisition of popular micro-blogging site Twitter finally…
Tesla

Tesla cancels three online hiring events for China scheduled in June

A week after Elon Musk directed company executives to pause all hiring…
Elon Musk

Twitter deal a go? Musk raises equity component as he won’t take loans against Tesla shares

The multi-billion-dollar acquisition of Twitter has been a big deal over the…
Elon Musk SpaceX

Twitter investors file lawsuit against Elon Musk over delayed disclosure of stake

Another day, another controversial Elon Musk-Twitter story. This row has caught enough…
Elon Musk SpaceX

Musk puts Twitter deal on hold until CEO Agrawal shows proof of twitter spam being <5%

Musk tweeted “20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher. My offer was based on Twitter’s SEC filings being accurate.”
Tesla

Tesla to recall 1,07,293 made in China Model 3 and Model Y cars

Chinese market regulatory agency has informed that Elon Musk’s Tesla will be…
Elon Musk

Musk says he has been accused by Twitter legal team of violating NDA

Elon Musk and Twitter. These are words that seldom come together without…

Elon Musk says Twitter takeover deal on hold over potentially fudged user numbers

As the northern hemisphere prepares to reel into comforts of summer, Twitter…

a16z joins Sequoia, Binance, Oracle’s Elison and others in backing Elon Musk’s $44Bn Twitter Bid

Interestingly, despite rumours and ‘internal sources’, no PE firm has come up to back any portion of Elon Musk’s bid, at least as per the latest amended 13D filing.
Tesla

Elon Musk offloads $4Bn worth of Tesla Stock, shares plummet in response

The exact reason for this move has not been revealed yet, but it wouldn’t be a stretch to assume Musk could be liquidating assets to finance the $44 Billion deal made with Twitter.

Jack Dorsey slated to make $978Mn post upon close of Elon Musk’s twitter acquisition

Dorsey won’t be the only one expecting a paycheck. Twitter’s current CEO Parag Agrawal, CFO Ned Segal and Chief Legal Official Vijaya Gadde, will be making $38.4 Mn, $25.4 Mn and $12.4 Mn respectively.
Elon Musk

It’s official, Elon Musk to buy-out Twitter for $44Bn

Elon Musk has pulled off another one of his classic moves. Elon…
Tesla CEO Elon Musk

Twitter, Elon Musk on the verge to finalize buy-out: Report

Elon Musk has flexed his muscle on the global tweeting chatters, and…

Elon Musk’s “The Boring Company” pockets $675 million to build and scale Loop projects

This development comes months after The Boring Company received a green signal to make the ‘Vegas Loop’.