Elon Musk, co-founder and CEO of electric car manufacturer Tesla, told reporters at an energy conference in Norway that humanity needs rely on oil and gas “in the short term” or “civilization will crumble.” He has previously stated that a rise in oil and gas production would be harmful to the company, which is worth … Read more
Elon Musk, the CEO of Tesla and the founder of SpaceX, said in a meeting with Twitter employees should expect layoffs once he now owns the social media network. Musk said, “It depends. The company does need to get healthy,” and added, “Right now, the costs exceed revenue.” He did clarify, though, that there must … Read more
One of Elon Musk’s conditions that had to be met by Twitter’s Boards of Directors was that the social media platform reveals the number of bot accounts. As it seems, the Board is going to comply with this Musk’s demand since he threatened to cancel his $44 billion purchase of Twitter. “The information could be … Read more
Elon Musk went on Twitter to deny charges in a media story that he allegedly harassed a flight attendant on a VIP plane in 2016, daring his critics to prove any of the allegations are true, calling them part of a well-timed ‘politically motivated hit piece.’ Related Video: Elon Musk receives support from Gwynne Shotwell: … Read more
Elon Musk says he can’t go ahead with his $44 billion buyout of Twitter unless he knows how many profiles are fake. WATCH: In a report earlier this month, Twitter claimed that in the first quarter, just under 5% of its monetizable daily users (mDAUs) were fake or spam profiles. Musk, on the other hand, … Read more
Before buying Twitter for $44 billion, Elon Musk is believed to have informed financiers that he will cut executive compensation and monetize tweets to make the company more lucrative. Musk is alleged to have given the promise to banks before obtaining financing to purchase the company, which was unveiled on Monday. According to a filing, … Read more
Although Elon Musk’s acquisition of Twitter hasn’t been finalized yet, the new-to-be owner is keeping busy by kicking around ideas for potential changes to the platform. His latest idea is to charge corporations and governments to tweet. “Ultimately, the downfall of the Freemasons was giving away their stonecutting services for nothing. Twitter will always be … Read more
A Texas man wearing a cowboy hat in his Twitter profile picture has offered Elon Musk 100 acres of free land if he moves Twitter business from San Francisco to Texas. After Musk bought Twitter for $44 billion, people like Texas Gov. Greg Abbott have invited Musk to bring the business to Texas, but it … Read more
Elon Musk decided to purchase Twitter Inc (TWTR.N) for $44 billion in cash, transferring control of the social media platform used among millions of people and world leaders to the world’s richest person. It’s a turning point for the 16-year-old firm, which evolved to become one of the world’s most important public squares but now … Read more
Tesla CEO Elon Musk has already rejected a seat on the board of Twitter and has now offered to buy 100% of Twitter in hopes to make it private and unlock its full potential. Musk has a 9.2% stake in Twitter and his offer to buy the platform was for $54.20 a share on Thursday. … Read more
Tesla CEO, Elon Musk is giving “serious thought” to launching a new social media platform prioritizing free speech. WATCH: The idea is that the new platform would be transparent with its algorithms, prioritize free speech, and will keep propaganda to a minimum. When asked on Twitter would he “consider building a new social media platform … Read more
Mykhailo Fedorov, Ukraine’s Vice Prime Minister, issued a plea to Elon Musk on Twitter, saying: “while you try to colonize Mars — Russia try to occupy Ukraine! While your rockets successfully land from space — Russian rockets attack Ukrainian civil people! We ask you to provide Ukraine with Starlink stations and to address sane Russians … Read more