Social media platform X (former Twitter) is believed to have lost 79% of its value since being purchased by Tesla and SpaceX CEO Elon Musk for $44 billion in 2022.
The newest valuation is based on the recent disclosure report shared by Fidelity’s Blue Chip...
X (former Twitter) owner and Tesla CEO Elon Musk won’t have to pay out an additional $500 million in severance to Twitter staffers he fired upon taking over the company in October 2022, according to the ruling of U.S. District Judge Trina Thompson.
Courtney McMillian,...
Tesla CEO Elon Musk sent an end-of-year memo to employees of the electric vehicle company on Thursday night, thanking them for their hard work over the course of the year. As was the case last year, he implored them to volunteer to deliver last-minute...
Tesla stocks were up by 5% in pre-market trading on Monday following the publication of a poll on Twitter by Elon Musk. In the poll, Musk asked respondents to choose whether or not they believe he should step down from his role as the...
An investor in Twitter confirmed that Elon Musk is reaching out to investors for additional funding in the struggling social media platform. Jared Birchall, the managing director of Elon Musk's family office, reached out to investors earlier in the week.
Ross Gerber, president, and CEO...
Tesla stocks edged lower by 1.4% on Wednesday following a previous fall of 3.2% to $155.88 as numerous investors directed criticism at CEO Elon Musk. To date, Tesla stocks have slumped by 55% this year, hitting their lowest level since November 18, 2020.
Investors in...
