The tax savings may result from a proposed plan from Trump in which Musk would take a role in the Trump administration as head of a new "government efficiency commission." Since Musk's companies do significant business with the federal government, Musk may be required to sell the stakes he ...
When French authorities arrested Pavel Durov this weekend, Elon Musk and other critics slammed the move as a threat to free speech. But it also called attention to the uncomfortable reality that the app has long been an open air bazaar for illicit goods ranging from heroin to stolen credit ...
Elon Musk said in a BBC interview that he has reduced Twitter staff by about 80%, cutting more than 6,000 employees since taking over. Twitter had approximately 8,000 employees when Musk took over and now has around 1,500 employees after layoffs. As of March 2024, layoffs are still happe...
— Elon Musk (@elonmusk)October 20, 2024 Article content But he did not address the potential legal problem of only opening the lottery to registered voters. And several experts contacted by CNNpointed outthat the fine print on the PAC website noted that only petition signers could win the ...
— Elon Musk (@elonmusk)July 16, 2024 Trump’s campaign denied that Musk would be donating $45 million a month to the former President’s bid to regain status in the White House. Nevertheless, that did not stop Fain from calling Trump a “sellout” after he switched up his tune on ...
On May 28, the Delaware judge said she did not believe Tesla would circumvent her ruling on the case, according to media reports. Tesla wrote in court documents that it was "rank speculation" that it would attempt to bring the case back up in Texas. Tesla Vote: Musk's Control Warning ...
PROVIDENCE, R.I. (AP) — Tesla CEO Elon Musk has laid out some bold, if still vague, plans for transforming Twitter into a place of “maximum fun” once he buys the social media platform for $44 billion and takes it private. But enacting what at the mome
Twitter (TWTR) is in a state of flux. The richest man in the world, Elon Musk, purchased a 9.2% interest in the company and is now seeking a hostile takeover.Twitter jumped in value by 25% following the initial purchase and, has since fallen slightly. Tw
During a meeting referenced in a report fromReuters, Tinucci seemed confident that Musk would endorse her plan, which included cutting 15-20 percent of the team. Contrary to her expectations, sources indicate that Musk did not support her proposal, leading to her dismissal along with her team ...
although it did not take off for years. In 2004, Elon Musk heavily invested millions in the then-startup Tesla Motors and was later recruited to join the founders to run the company. In 2007, the existing CEO was ousted and Musk was named CEO, a title he currently holds. ...