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Page 116 - Latest Updates on Elon Musk

Elon Musk says won't fire 75% of Twitter staff as he finalises deal

Tesla CEO Elon Musk has told Twitter employees that he is not going to lay off 75 per cent of the workforce when he takes over the micro-blogging platform.

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Updated On : 27 Oct 2022 | 1:43 PM IST

In call with bankers, Musk pledges to close Twitter deal by Friday

Elon Musk pledged to close the acquisition of Twitter Inc. by Friday in a video conference call with bankers helping fund the deal

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Updated On : 26 Oct 2022 | 11:27 PM IST

Twitter employees warn Elon Musk amid news of mass layoff: Report

After reports emerged that Elon Musk is planning "to cut 75 per cent of Twitter staff", employees at the microblogging platform warned the tech billionaire that mass layoffs would be "reckless"

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Updated On : 25 Oct 2022 | 10:23 AM IST

Banks to hold all $13-billion debt backing Twitter deal, says report

Musk agreed to pay $44 billion for Twitter in April before the Federal Reserve started raising interest rates to fight inflation

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Updated On : 23 Oct 2022 | 11:58 PM IST

Twitter says no plans of company-wide layoffs after Musk's acquisition

Twitter Inc clarified to staff that there are no plans for company-wide layoffs since it signed a deal to be acquired by billionaire Elon Musk

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Updated On : 22 Oct 2022 | 12:17 AM IST

Elon Musk plans to cut 75% of Twitter workforce after acquisition: Report

Elon Musk plans to lay off most of Twitter's workforce if and when he becomes owner of the social media company, according to a report on Thursday by The Washington Post

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Updated On : 21 Oct 2022 | 8:22 PM IST

Recession could last until 2024, says Musk after remark on China, Europe

Tesla CEO said he thinks a recession will last until the spring of 2024, after earlier saying "a recession of sorts" in China and Europe was weighing on demand for its electric cars

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Updated On : 21 Oct 2022 | 12:15 PM IST

Musk plans to cut Twitter workforce by 75% in a matter of months: Report

Elon Musk's plans for Twitter Inc. involve slashing its staff by nearly 75% in a matter of months, according to documents obtained by the Washington Post

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Updated On : 21 Oct 2022 | 7:48 AM IST

Musk says overpaying for Twitter but it has 'incredible potential'

Admitting that he is "obviously" overpaying to acquire Twitter, Elon Musk has said that the micro-blogging platform has great potential in the long term.

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Updated On : 20 Oct 2022 | 11:45 PM IST

Elon Musk says Tesla will be bigger than Apple. Analysts say not so fast

The electric-vehicle maker reported lackluster third-quarter results on Wednesday, with revenue and margins missing estimates even as profit beat.

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Updated On : 20 Oct 2022 | 10:53 PM IST

Tesla aims to produce 50,000 Semi electric trucks in 2024: Elon Musk

Elon Musk-owned electric vehicle company Tesla is aiming to produce 50,000 Tesla Semi units per year in 2024

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Updated On : 20 Oct 2022 | 8:19 PM IST

Tesla flags its cars not ready to be approved as fully self-driving this yr

Tesla Inc's advanced driver assistant software won't gain regulatory approval in 2022, CEO Elon Musk said

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Updated On : 20 Oct 2022 | 10:41 AM IST

SpaceX could spin off Starlink as public company by 2025: Report

Tech billionaire Elon Musk could spin Starlink off from SpaceX and carry out an initial public offering by 2025, media reports said

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Updated On : 19 Oct 2022 | 8:46 PM IST

SpaceX withdrew request for Pentagon to fund Starlink in Ukraine: Musk

Tech billionaire Elon Musk announced that SpaceX has withdrawn its funding request to the Pentagon to begin footing the cost for satellite internet services Starlink for Ukraine

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Updated On : 18 Oct 2022 | 6:52 PM IST

Musk withdraws Pentagon funding request for Starlink Internet in Ukraine

SpaceX CEO Elon Musk on Monday said that the company will continue to fund the Starlink Internet service in war-torn Ukraine and that he has withdrawn the request for funding to the Pentagon

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Updated On : 18 Oct 2022 | 12:51 PM IST

Musk's SpaceX seeks DoT's nod for Starlink broadband-from-space services

Bharti Group-backed OneWeb and Reliance Jio have already received DoT's approval for GMPCS licences

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Updated On : 18 Oct 2022 | 12:42 PM IST

Ukraine envoy hopeful about fate of Elon Musk's satellite network

A Ukrainian diplomat expressed optimism about securing the money needed for the continued operation of a satellite network funded by billionaire Elon Musk

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Updated On : 17 Oct 2022 | 7:58 AM IST

Can Bhavish Aggarwal's ambitious plans for Ola Electric challenge Musk?

Whether Ola Electric succeeds or not, Aggarwal's admirers seem to agree that he has turbo-charged the EV market, pulling in millions of investment dollars

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Updated On : 17 Oct 2022 | 7:35 AM IST

SpaceX might keep funding satellite service in Ukraine, says Musk

Elon Musk has suggested in a tweet that his rocket company SpaceX may continue to fund its satellite-based Starlink internet service in Ukraine.

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Updated On : 16 Oct 2022 | 9:09 AM IST

Russia trying to kill Starlink internet services in Ukraine: Musk

Tesla and SpaceX CEO Elon Musk said that his Starlink is the only internet service left in Ukraine, and Russia is actively trying to kill it too

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Updated On : 15 Oct 2022 | 12:14 PM IST