Page 123 - Elon Musk

Elon Musk's Twitter turnaround reflects legal challenges: An explainer

News that Elon Musk has agreed after all to proceed with his USD 44 billion deal to buy Twitter may have felt like a stunning surprise from the brash billionaire who loves to shock. It sent shares of the social media platform soaring and stoked alarm among some media watchdogs and civil rights groups worried about what kind of free speech would flourish on Twitter under Musk. But it wasn't surprising to observers of the monthslong legal battle as Twitter tried to compel the world's richest man to consummate the buyout he had tried to back out of. In the months since his initial offer to buy Twitter in April, Musk faced a huge legal challenge. A combination of gambles or missteps and potential advantages that didn't pan out made his hand appear weak for the trial looming in less than two weeks in Chancery Court in Delaware. He says he'll only complete the deal if that trial is put on hold. More immediately, Musk faced a deposition in the case by Twitter's attorneys starting on ...

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Morale of Twitter employees at all-time low with Elon Musk as boss

Elon Musk's intention to buy Twitter has hit the morale of employees at Parag Agrawal-led platform, as they aren't feeling great about what is actually coming at them after months of drama

Explained: Legal challenges that made Musk reconsider Twitter deal

News that Elon Musk has agreed after all to proceed with his USD 44 billion deal to buy Twitter may have felt like a stunning surprise from the brash billionaire who loves to shock. It sent shares of the social media platform soaring and stoked alarm among some media watchdogs and civil rights groups worried about what kind of free speech would flourish on Twitter under Musk's vision. But it wasn't surprising to observers of the months long rollercoaster of the Twitter vs Musk legal battle, as Twitter tried to compel the world's richest man to consummate the buyout he had tried to back out of. In the months since his initial offer to buy Twitter in April, Musk faced a huge legal challenge. A combination of gambles or missteps by Musk and potential advantages that didn't pan out made his hand appear weak in the trial looming in less than two weeks in Chancery Court in Delaware. He is setting as a condition for completing the deal that the trial being put on hold. More immediately,

Top Headlines: Reliance Jio 5G trials today, Musk-Twitter deal, and more

Advancing its 5G launch, Reliance Jio will start a beta trial of the service in four cities on Wednesday, offering select customers unlimited data with up to 1 Gbps speed

Cultural shock: How will Twitter fare under Elon Musk's leadership?

Elon Musk is reviving his original $54.20 takeover bid for Twitter Inc., perhaps because he doesn't want to go through a legal process that divulges more embarrassing text messages

Elon Musk's losses in Twitter court fight foreshadowed his surrender

Elon Musk dropped his bid to walk away from a $44 billion buyout of Twitter Inc. after losing a series of pre-trial rulings that may have foreshadowed difficulties in making his case in court.

Musk-Twitter deal revives $12.5 billion headache for Wall Street banks

Musk's proposal to proceed with Twitter acquisition for the original offer price poses a headache at the worst possible time for Wall Street banks already struggling to offload billions in buyout debt

Who are the big winners in Musk's Twitter deal? Merger arbitrage traders

After Musk and Twitter agreed to proceed with the deal at the original offer price at $54.20 a share on Tuesday, the social media company's stock rallied as much as 23%

Musk's Twitter deal has employees asking: Should I stay or should I go?

Presenters from internal groups like the product and revenue teams didn't officially discuss the development, or even acknowledge that Musk was back on board

Twitter deal paves way for 'X, the Everything App', says Elon Musk

Elon Musk said buying Twitter would speed up the creation of something he called "X, the everything app," suggesting he wants to add new services to the social media platform

Musk proposes to buy Twitter for original price of $54.20 a share: Report

Twitter shares jumped 12.7% to $47.93 before trading was halted for the second time, while Tesla shares rose by about 1%

Tesla analysts most bullish on EV maker in more than seven years

Tesla shares are rising Tuesday, up as much as 5.6% to touch $255.91, rebounding from Monday's sharp selloff after third-quarter deliveries missed expectations

Cathie Wood scoops up Tesla as stock tumbles on deliveries miss in Q3

Funds backed by Wood's Ark Investment Management LLC bought 132,213 shares in Elon Musk's company on Monday, marking the firm's first purchase of Tesla since mid-June

Kremlin welcomes Musk's proposal for Ukraine settlement denounced by Kyiv

In a Twitter poll, the Tesla boss proposed Ukraine permanently cede Crimea to Russia, that new referendums be held under UN auspices to determine the fate of Russian-controlled territory

Elon Musk slammed by Ukrainian officials over advice on Russia in tweets

Tesla CEO Elon Musk drew backlash from Ukrainian officials, including Ukraine President Volodymyr Zelenskyy for his Tweets advising on how to bring about "peace" amid the ongoing war between Moscow and Kyiv.Musk through its official Twitter handle tried out a Twitter poll to end the Russian actions in Ukraine. Tesla CEO floated a number of ideas to solve the conflict, asking his followers to vote "yes" or "no" on his proposals, which included formally allowing Russia to annex Crimea.Musk, who is also chief executive of SpaceX, said: "Russia is doing partial mobilization. They go to full war mobilization if Crimea is at risk. Death on both sides will be devastating. Russia has >3 times population of Ukraine, so victory for Ukraine is unlikely in total war. If you care about the people of Ukraine, seek peace."Irked over the billionaire's comments, Ukrainian former Ambassador to Germany Andrij Melnyk lashed out at Musk."Fuck off is my very diplomatic reply to you," Melnyk said in a ...

Tesla deliveries miss estimates in Q3, slowed by supply-chain snarls

It delivered a record 343,830 cars worldwide in the third quarter. Analysts had expected that nearly 358,000 vehicles would be shipped

Tesla AI Day 2022: Musk unveils humanoid robot Optimus; here's what we know

According to Elon Musk, this humaoid prototype can do more than what was shown live. However, the first time it operated without a tether was during Tesla AI Day event

'Treat me like an engineer instead of CEO', says Parag Agrawal to Elon Musk

Elon Musk told Twitter CEO Parag Agrawal recently that he does not want to be a boss, to which Agrawal replied that the Tesla CEO should also treat him like an engineer instead of a CEO

Former CEO Dorsey tried to get Musk on Twitter's board well before deal

Former Twitter Inc. Chief Executive Officer Jack Dorsey tried to get Elon Musk onto the social network's board of directors long before the current drama around whether Musk will buy the company.