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 loss. At the time of writing, Forbes estimates Musk’s net worth to stand at $230.1 billion, […]
According to The Verge and CNBC, Shotwell, who joined the spacecraft company in 2002, sent an email to all SpaceX employees titled “the recent news story”, in which she defended Musk: “Personally, I believe the allegations to be false; not because I work for Elon, but because I have worked closely with him for 20 […]
Musk’s tweet, which soon went viral, came just two days after the Tesla CEO acquired Twitter in a $44 billion deal. “Next I’m buying Coca-Cola to put the cocaine back in,” Musk wrote, referring to the drink’s original 1886 recipe when it was a tonic for various ailments. Musk also shared a screenshot of a […]
The deal was shaken upon on Monday following weeks of speculation about Twitter’s future after Elon Musk’s emergence as the platform’s largest single shareholder on 4 April. On 14 April, Musk announced a takeover bid, offering $54.20 per share in the social media giant. Though initially opposed to the takeover, Twitter’s board warmed to the […]
On Monday, Tesla and SpaceX CEO Elon Musk said that Twitter’s board of directors will not receive a salary if his acquisition of the company is successful. In a Tweet, Musk wrote, “Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there.” Presently, Twitter spends approximately $2.9 million in cash […]
In an unexpected U-turn, Tesla CEO Elon Musk will no longer be joining the board of Twitter, reversing a collaboration announced just last week by the social media giant. Turning to Twitter, the company’s CEO Parag Agrawal wrote: “Elon Musk has decided not to join our board [...] The Board and I had many discussions […]
Tesla and SpaceX CEO Elon Musk has been given a seat on Twitter’s board following the news that the billionaire is now the social media giant’s largest shareholder with a 9.2% stake. On Tuesday, Twitter CEO Parag Agrawal tweeted, “Through conversations with Elon in recent weeks, it became clear to us that he would bring […]
Tesla and SpaceX CEO Elon Musk has said he is giving “serious thought” to building a social media platform. However, the billionaire didn’t go into detail on how his hypothetical social media platform would work or how it would look. Musk’s remark came after he claimed that Twitter, a social media platform that he uses […]
According to CNBC, Tesla wrote in an email to its European employees: “For any Tesla employee who is a Ukrainian national and has been asked to return to Ukraine for active duty as a reservist, we will maintain their employment and salary for 3 months, with a view to assessing after this period as needed.” […]
As Russia’s unprovoked attack on Ukraine continues, heads are increasingly turning to the country’s president and his mysterious fortune. How rich is Russian President Vladimir Putin? Is Putin richer than Tesla CEO Elon Musk? And how did Putin amass his elusive net worth? President Putin’s Net Worth In 2018 the Kremlin disclosed that President Putin […]
In an email to Ukrainian Tesla owners published by Electreck, Musk’s EV company announced that it would drop the fee for its supercharging stations in countries directly surrounding Ukraine. Both Tesla and non-Tesla EVs can be charged without cost in Poland, Slovakia, and Hungary. “We hope that this helps give you the peace of mind […]
“Elon Musk, while you try to colonise Mars — Russia try to occupy Ukraine! While your rockets successfully land from space — Russian rockets attack Ukrainian civil people!" Ukraine’s vice prime minister, Mykhailo Fedorov, tweeted. Internet connectivity in Ukraine has been heavily impacted by the Russia invasion, particularly in the south and east of the […]
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