During a Twitter Spaces session hosted by noted hacker George Hotz, Tesla CEO Elon Musk shared some details about the social media company’s financials. These include Twitter’s previous trajectory, as well as when he expects the company to become cash flow break even. Musk stayed in the Twitter Spaces session for roughly an hour, and…
Senator Elizabeth Warren (D, MA) has sent a letter to the Tesla Board of Directors, inquiring if Elon Musk’s alleged absence has negatively impacted investors. Criticism of Tesla CEO Elon Musk has become common on the CEO’s new social media acquisition, Twitter. Many allege that the Tesla CEO has abandoned his post at the automaker while he…
Elon Musk responded to the reports of him actively searching for a new Twitter CEO. Citing sources, CNBC reported that Elon Musk is looking for a new CEO for the social media platform. On Sunday, he asked Twitter users if he should step down as head of the company and would abide by the results of the poll. Elon…
As Elon Musk continued to court one controversy after another amid his tenure as Twitter’s head, the sentiments of Wall Street surrounding EV maker Tesla appears to have become quite split. This was particularly noticeable for Oppenheimer and Deutsche Bank, with the former downgrading TSLA stock and the latter maintaining a bullish stance on the…
It appears that Elon Musk will be stepping down from his post as Twitter’s CEO. This is, at least, according to the results of a poll Musk posted on Twitter about his tenure as the chief executive of the social media company. To state that Musk’s run as Twitter’s CEO has been controversial is an…
Elon Musk’s Twitter recently suspended the accounts of a number of journalists from several news agencies over what the CEO argued was a violation of the social media platform’s doxxing policy. The move has received much criticism. Among the accounts suspended from Twitter included CNN’s Donie O’Sullivan, The New York Times’ Ryan Mac, The Washington Post’s Drew Harwell, and other reporters…
Wedbush analyst Dan Ives said Tesla (NASDAQ: TSLA) CEO Elon Musk’s $3 billion sale of company stock yesterday is “throwing gasoline in the burning fire” as the automaker continues to ride the rough economic waves of 2022. Last night, Form 4 filings revealed Musk had offloaded roughly $3.6 billion in Tesla stock. The reason for the…
Twitter officially banned the account of jet tracker Jack Sweeney on Wednesday, together with his other accounts that track notable people such as Elon Musk. Sweeney’s ban has been linked to an incident involving Elon Musk’s Baby X, his youngest son with record producer and musician Grimes. Twitter also updated its privacy information policy. JACK…
Tesla CEO Elon Musk sold nearly 22 million TSLA shares from Monday through Wednesday this week. The Tesla shares are worth around $3.58 billion, according to a Form 4 filing recently made public. Although it has not been confirmed, Musk’s recent TSLA stock sales might be related to his Twitter acquisition. Musk and the employees…
It appears that electric vehicle maker Lucid Motors is looking to have a piece of the EV pie in China. The country could present a notable opportunity for Lucid, seeing as China is the world’s largest electric vehicle market. On December 13, local reports noted that Lucid Motors had begun recruiting for a range of positions in…