Tesla Co-Founder Elon Musk Cleared of Wrongdoing in Buyout Tweet Lawsuit Elon Musk, Tesla co-founder, has been cleared of any wrongdoing related to a tweet he made in August 2018 about taking Tesla back into private ownership with “funding secured.” Shareholders claimed that the tweet misled them and caused billions of dollars in losses. However, …
Elon Musk Cleared of Wrongdoing in Tesla Tweet Case Read More »
Tesla CEO Elon Musk is facing a trial in San Francisco on Tuesday, January 18th, brought by shareholders who claim he manipulated the share price of the company. The lawsuit stems from a tweet Musk sent in 2018, in which he stated he had “funding secured” to take the carmaker private in a $72bn buyout. …
Tesla CEO Elon Musk faces trial in San Francisco over alleged share price manipulation Read More »
It was a shocking announcement to many when Elon Musk, the CEO of SpaceX and Tesla, announced that he was stepping down as the CEO of Twitter. The news was met with surprise and speculation as to the reasons behind the move. Many people have speculated that Musk’s departure from Twitter may be related to …
Tesla CEO Elon Musk has sold 19.5 million shares in the electric car maker worth $3.95 billion (£3.4 billion) in a filing with the US Financial Services Authority. The news comes less than two weeks after the world’s richest man bought Twitter for $44 billion.Tesla stock is down more than 50% since the beginning of …
Elon Musk is selling nearly $ 4 billion worth of Tesla stocks Read More »
Twitter has long been seen by Silicon Valley investors as mismanaged, but with a lot of potentials. Mr Musk has enticed his wealthy friends to invest, arguing that Twitter – in the hands of someone who knows what they’re doing – could be great. Freedom of expression would abound and the benefits would follow. But …
In an update for Apple devices, the company said the feature would be open to users in select countries who subscribe to its Twitter Blue service for $7.99 (£7) per month. The policy change was controversial amid fears that the platform could be flooded with fake accounts. This follows the acquisition of Twitter by Elon …
Twitter confirms the verification quota of the blue tick after the acquisition of Musk Read More »