Page 121 - Elon Musk

Top Headlines: Musk takes over Twitter, IDBI Bank's stake sale, and more

Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him

Twitter CEO among top executives departing as Elon Musk takes over

Twitter Inc CEO Parag Agrawal is among executives planning to depart as Elon Musk completes his $44 billion deal to take over the social network

Don't seek 'free-for-all hellscape' for Twitter, says Elon Musk

The message to advertisers posted on Thursday on Twitter came a day before Musk's deadline for closing his $44-billion deal to buy the social-media company and take it private.

Elon Musk wants Twitter to be 'most respected advertising platform'

Musk, Twitter co-founder Jack Dorsey and investors in the deal had previously suggested moving away from advertising and seeking revenue

Elon Musk walks into Twitter office with kitchen sink in his hands

Tesla CEO Elon Musk visited the Twitter headquarters with a sink in his hand, ahead of the micro-blogging platform's takeover deal

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.

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

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"

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

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

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. Musk has told prospective investors in his Twitter purchase that he plans to cut nearly 75 per cent of Twitter's employee base of 7,500 workers, leaving the company with a skeleton crew, according to the report. The newspaper cited documents and unnamed sources familiar with the deliberations. San Francisco-based Twitter and a representative for Musk attorney Alex Spiro did not immediately respond to messages seeking comment. While job cuts have been expected regardless of the sale, the magnitude of Musk's planned cuts are far more extreme than anything Twitter had planned. Musk himself has alluded to the need to cull some of the company's staff in the past, but he hadn't given a specific number at least not publicly. "A 75 per cent head count cut would indicate, at least out of the gates, stronger free cash fl

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

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

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.

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.

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

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

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

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

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