Elon Musk said Tesla Inc.鈥檚 new plants in Germany and Texas are losing 鈥渂illions of dollars鈥 as the electric vehicle maker tries to ramp up production.
June 22, 2022Elon Musk News Updates
Musk Warns of Tesla鈥檚 鈥榁ery Tough Quarter鈥 in Staff Email
Tesla Inc. has had a 鈥渧ery tough quarter鈥 as it struggles with supply chain snags, Chief Executive Officer Elon Musk warned in an internal memo, imploring workers to help get the electric vehicle maker back on track.
June 13, 2022Musk Threatens to Walk Away From Twitter Deal
DETROIT 鈥 Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts.
June 6, 2022Elon Musk鈥檚 Boring Co. Pitched Texas on Tunnels for Cars, People, Water
Before the end of Year One of the COVID-19 pandemic, Elon Musk did something a lot of other people were doing at the same time: He moved. Once in Texas, several of his business ventures followed, including Boring Co., a startup seeking to create underground transportation systems.
June 1, 2022Musk鈥檚 Go-Private Tweets About Tesla Were Reckless, Judge Found
鈥淣o reasonable jury could find that Mr. Musk did not act recklessly.鈥 That鈥檚 the upshot of a federal judge鈥檚 review of Tesla Inc. CEO Elon Musk鈥檚 2018 tweets about taking the company private, as revealed in an order that was made public May 10.
May 10, 2022Wall Street, Tech Investors Back Musk Twitter Bid With $7 Billion
Elon Musk has strengthened the equity stake of his $44 billion offer to buy Twitter with commitments of more than $7 billion from a diverse group of investors, including Silicon Valley heavy hitters such as Oracle co-founder Larry Ellison.
May 5, 2022Musk鈥檚 Tesla Stock Sales Double to $8.5 Billion in Latest Tally
Elon Musk disclosed an additional $4.5 billion worth of Tesla Inc. stock sales in new regulatory filings April 29, bringing the total he鈥檚 disposed of in the wake of his deal to buy Twitter Inc. to more than $8.5 billion.
April 29, 2022Where Will Elon Musk Get Cash for Twitter?
Elon Musk and Twitter Inc. reached an agreement for the world鈥檚 richest man to buy the social networking platform for $44 billion, resolving the pressing question of whether the company鈥檚 board would consent to the leveraged buyout deal.
April 26, 2022Elon Musk, Twitter Agree on $44 Billion Deal
Elon Musk reached an agreement to buy Twitter for about $44 billion on April 25, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on social and economic issues to more than 83 million followers.
April 25, 2022Twitter Adopts 鈥楶oison Pill鈥 Defense in Musk Takeover Bid
PROVIDENCE, R.I. 鈥 Twitter said April 15 that its board of directors has unanimously adopted a 鈥減oison pill鈥 defense in response to Tesla CEO Elon Musk鈥檚 proposal to buy the company for more than $43 billion and take it private.
April 15, 2022Trending
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