Tesla CEO Elon Musk purchased a 9.2% stake in Twitter Inc. according to a Monday filing from the SEC. Twitter's shares jumped more than 25% in price following Monday's news. Musk now controls nearly 73.5 million shares of the company, making him the largest shareholder, and ...
Musk, a critic who recently accused Twitter of stifling free speech,recently purchaseda 9.2% stake in Twitter, having bought 73.5 million shares for roughly $2.9 billion. ELON MUSK PURCHASES STAKE IN TWITTER AFTER SLAMMING ITS APPROACH TO ‘FREE SPEECH’ "The Board and I had many discussions a...
Asked if he was done selling Tesla shares, Musk replied: "Yes. In the (hopefully unlikely) event that Twitter forces this deal to close and some equity partners don't come through, it is important to avoid an emergency sale of Tesla stock." Musk did not specify which equity partners...
Although Musk’s alleged Austin property purchases have remained shrouded in secrecy, the Times claims that he owns a 14,400-square-foot, Tuscan-style villa in the city, adding that he also “helped purchase” a six-bedroom property directly be...
The reason we are all saying this is that Musk has gotten into dustups with the SEC before by making public comments to manipulate stock prices…just before, it was Telsa stock prices. Back in 2018. It’s why he had to step down as the chairman of the board. He also, in this _ver...
Elon Musk created the perfect hedge for Tesla stock with his support of Donald Trump. The president-elect isn’t a friend of electric vehicles. He has said they are a risk to the U.S. auto industry and promised to eliminate tax credits on EV purchases as well as emission “mandates”...
While Musk’s drug use has the potential to harm his other enterprises — particularly Space Exploration Technologies Corp., or SpaceX, a U.S. government contractor — he derives more of his fortune from Tesla than any other company. His shares and exercisable stock options are wort...
Musk Recent News Oct. 11, 2024, 5:10 PM UTC(AP)Stock market today: Wall Street rises toward records as banks rally and Tesla tumbles Oct. 11, 2024, 1:32 PM UTC(AP)Elon Musk unveils Tesla's 'Cybercab,' plans to bring autonomous driving tech to other models in 2025Show More Tesla,...
ELON MUSK PURCHASES STAKE IN TWITTER AFTER SLAMMING ITS APPROACH TO ‘FREE SPEECH’ Musk's poll comes a week after he purchased a 9.2% stake in Twitter's stock, making him the company's largest shareholder. Musk has been critical of Twitter's handling of free speech on the platform and ...
Tesla stock has plummeted since CEO Elon Musktook overTwitter, falling more than 45% in about over two months. In all, the company's stock has dropped more than 65% since January, when Musk began investing in Twitter. By comparison, the tech-heavy Nasdaq has fallen about half ...