Elon Musk News Updates

BusinessAutonomous

Musk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, 2022
BusinessTechnology

Where 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, 2022
GovernmentBusinessTechnology

Elon 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, 2022
BusinessFuelAutonomous

Twitter 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, 2022
BusinessTechnologyFuelAutonomous

Elon Musk Makes $43 Billion Bid to Take Twitter Private

Elon Musk has made a controversial offer to buy Twitter Inc., saying the company has extraordinary potential and he is the person to unlock it.

April 14, 2022
BusinessTechnologyAutonomous

Elon Musk Won鈥檛 Join Twitter鈥檚 Board

Twitter Inc.鈥檚 shares slid after Elon Musk decided not to join its board, a stunning twist to a weeklong saga that has captivated the tech community and touched off renewed speculation about the company鈥檚 future.

April 11, 2022
GovernmentBusinessTechnologyAutonomous

Elon Musk to Join Twitter鈥檚 Board

Elon Musk is joining Twitter鈥檚 board of directors a day after disclosing that the Tesla CEO took a 9% stake in the social media platform.

April 5, 2022
BusinessTechnologyFuelAutonomous

Tesla to Seek Approval for Another Stock Split

Tesla Inc. gained in early trading March 28 after the carmaker said it plans to seek shareholder approval for a move that would enable its second stock split in roughly two years.

March 28, 2022
BusinessTechnologyAutonomous

Musk Spared From Testifying in Tesla Autopilot Crash Suit

Elon Musk won鈥檛 have to testify in the first case set for trial that blames Tesla Inc.鈥檚 Autopilot for a fatal crash, a Florida judge said.

March 17, 2022
GovernmentBusinessTechnologyFuelAutonomous

Musk Asks Judge to End SEC Oversight of His Tesla Tweets

Tesla Inc. Chief Executive Officer Elon Musk asked a judge to end the U.S. Securities and Exchange Commission鈥檚 oversight of his Twitter posts under a 2018 agreement because he claims it is being used to 鈥渢rample鈥 his free speech rights.

March 8, 2022