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.
Elon Musk pledged to close the acquisition of Twitter Inc. by Friday in a video conference call with bankers helping fund the deal
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"
Musk agreed to pay $44 billion for Twitter in April before the Federal Reserve started raising interest rates to fight inflation
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
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
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
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
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.
The electric-vehicle maker reported lackluster third-quarter results on Wednesday, with revenue and margins missing estimates even as profit beat.
Elon Musk-owned electric vehicle company Tesla is aiming to produce 50,000 Tesla Semi units per year in 2024
Tesla Inc's advanced driver assistant software won't gain regulatory approval in 2022, CEO Elon Musk said
Tech billionaire Elon Musk could spin Starlink off from SpaceX and carry out an initial public offering by 2025, media reports said
Tech billionaire Elon Musk announced that SpaceX has withdrawn its funding request to the Pentagon to begin footing the cost for satellite internet services Starlink for Ukraine
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on Monday said that the company will continue to fund the Starlink Internet service in war-torn Ukraine and that he has withdrawn the request for funding to the Pentagon
Bharti Group-backed OneWeb and Reliance Jio have already received DoT's approval for GMPCS licences
A Ukrainian diplomat expressed optimism about securing the money needed for the continued operation of a satellite network funded by billionaire Elon 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
Elon Musk has suggested in a tweet that his rocket company SpaceX may continue to fund its satellite-based Starlink internet service in Ukraine.
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