On Wednesday, Tesla said its digital assets have shrunk to $218 million, and that a Bitcoin impairment hurt second-quarter profitability. Tesla sold a significant chunk of its stake in Bitcoin, …
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Elon Musk pushes for the Twitter trial to start next year
Twitter is pressing for a quick trial, and Elon Musk’s lawyers are making a case to slow things down. In the lawsuit Twitter filed against its would-be owner, the company argued …
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Tesla billionaire Elon Musk issued a humorous late-night response to Twitter’s to sue and force him to complete a $44 billion takeover of the company. Eschewing any words of his own, …
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Twitter stock drops by 4% after report says Elon Musk’s deal to buy company is in danger
Twitter stock dropped 4% in pre-market trading on Friday after the Washington Post reported Elon Musk’s $44 billion deal to buy the social media company is “in serious jeopardy.” The post …
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Tesla’s CEO Elon Musk motioned the possibility of bankruptcy because Tesla faces billions of dollars in losses from its new plants, supply chain problems and Covid lockdowns. “The past two years have …
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BusinessGlobal NewsSpotlightTrending Today
Twitter shares internal data at Elon Musk request ending deal stand off
On Wednesday, the Washington Post reported that Twitter will yield to Elon Musk’s demand for internal data central to a standoff over his troubled $44 billion (R673 billion) bid to …
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Global NewsSpotlightTechnology
Feeling ‘super bad’ about economy, Tesla CEO Elon Musk to cut 10% of Tesla jobs
Tesla CEO Elon Musk has a “super bad feeling” about the economy and wants to cut about 10% of jobs at the electric carmaker, he said in an email to …
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Tesla’s CEO Elon Musk has put an end to remote working at Tesla, mandating staffs to return to the office full-time. People who are unwilling to abide by the new …
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