Elon Musk

Following the official $44bn takeover of Twitter, Musk said the move was "essential to defeat spam/scam". Currently, the blue tick symbol which appears next to a user's name is free. It is received after a short online application…

People have been warning about a recession throughout most of 2022.

On Wednesday, Elon Musk caused a stir by tweeting that he was purchasing English football club Manchester United. Later, the Tesla billionaire tweeted again, informing his followers that it was a joke. Early Wednesday, Musk tweeted about…

A series of financial filings published on Tuesday has revealed that Tesla CEO and world’s richest man Elon Musk has sold 7.92 million shares of Tesla, worth approximately $6.88 billion.  The SEC filings show Musk’s transactions took…

SpaceX, which was founded in 2002 by Elon Musk, has completed its first-ever launch to polar orbit for its Starlink internet network, enabling complete coverage of Earth. On Sunday, a SpaceX Falcon 9 rocket lifted off from the Vandenberg…

Elon Musk’s offer to purchase Twitter caused investors to pummel Tesla, gouging out billions of dollars in Tesla’s market value. Investors doubted he could run both companies equally well, let alone all of his other holdings.

The move comes after Musk warned earlier this month that he has a “super bad feeling” about the economy amid record-high inflation. In a memo to executives, titled “pause all hiring worldwide”, Musk said that around 10% of jobs at Tesla…

Elon Musk has shared a dose of bad news for his electric vehicle company Tesla, explaining that its new factories in Germany and the United States are losing billions of dollars due to battery shortages and supply disruptions in China. …

In May of this year, Elon Musk's electric vehicle company Tesla sold 32,165 China-produced vehicles, including 22,340 for export. This is according to the China Passenger Car Association.  In contrast, April of this year saw Tesla sell…

Tesla CEO Elon Musk has accused Twitter of committing a “material breach” of his $44 billion deal to buy the social media giant and has threatened to walk away from the deal altogether.  As part of a dispute over the number of fake…

“What’s next?” tends to be the question on everyone’s lips during a company takeover. New ownership often brings new promises, new ideas and new ways of doing things. All of this has the potential to deliver momentous change, creating…

Tesla CEO Elon Musk has seen $46.4 billion wiped off of his net worth, according to the Bloomberg Billionaires Index. Meanwhile, Amazon founder Jeff Bezos is down $53.2 billion, and Microsoft co-founder Bill Gates has seen a $15.1 billion…