Tesla, Inc.’s June quarter deliveries showed a 27 percent year-over-year increase, in line with expectations but slower than the 68 percent growth seen in the first quarter. The slowdown was due to a 22-day shutdown of the company’s Giga Shanghai plant. Numbers Mislead The larger impact of China production has been misunderstood, Loup Fund’s Managing Partner…
Analyst Says Tesla’s ‘Growth Story Is Misunderstood’: How It Compares With Legacy Automakers
Trump Responds After Elon Musk Moves to Pull Out of Twitter Deal
Former President Donald Trump reacted to tech billionaire Elon Musk’s filing that seeks to pull out of the $44 billion deal to purchase Twitter, saying he knew it would happen. Trump, who himself owns the Truth Social platform, told Breitbart News that “I knew that Twitter had a lot of the fake accounts because I read,…
Elon Musk Reacts to Biden’s Apparent Teleprompter Gaffe
Elon Musk has weighed in on a video of President Joe Biden reading what appears to be a teleprompter instruction line during a live announcement on Friday. Biden was addressing the nation over an executive order related to the reversal of Roe v. Wade when he seemingly went too far by reading out directions—”End of…
Elon Musk Files to Exit Twitter Deal
Tesla CEO Elon Musk said he is exiting his multi-billion-dollar deal with Twitter over concerns about its spam bots, a newly revealed SEC filing shows. “While Section 6.4 of the Merger Agreement requires Twitter to provide Mr. Musk and his advisers all data and information that Mr. Musk requests ‘for any reasonable business purpose related…
Elon Musk Files to Terminate $44 Billion Twitter Deal
July 8, 2022
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Business & MarketsCompaniesElon MuskElon Musk Twitter DealLocal NewsMedia & Big TechNorthern CaliforniaRegional-Local NewsTwitterUSUS News
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Tesla CEO Elon Musk said he is exiting his multi-billion-dollar deal with Twitter over concerns about its spam bots, a newly revealed SEC filing shows. “While Section 6.4 of the Merger Agreement requires Twitter to provide Mr. Musk and his advisers all data and information that Mr. Musk requests ‘for any reasonable business purpose related…
Elon Musk Walks Away from $44-Billion Twitter Deal, Twitter to Sue
July 8, 2022
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Business & MarketsCompaniesElon MuskElon Musk Twitter DealLocal NewsMedia & Big TechNorthern CaliforniaRegional-Local NewsTwitterUSUS News
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Tesla CEO Elon Musk has filed to exit from his multi-billion-dollar deal with Twitter over concerns about its spam bots, a Securities and Exchange Commission (SEC) filing shows. “While Section 6.4 of the Merger Agreement requires Twitter to provide Mr. Musk and his advisers all data and information that Mr. Musk requests ‘for any reasonable…
LIVE NOW: Elon Musk Terminates Twitter Deal; ‘No Evidence’ of Border Patrol Agents Whipping Migrants: CBP | NTD Evening News
Elon Musk has terminated his deal to buy Twitter, according to a letter sent by his lawyer. Concluding a months-long investigation into whipping allegations, Customs and Border Protection announced on July 8 that it found “no evidence Border Patrol agents struck any person, intentionally or otherwise.” * Click the “Save” button below the video to…
Elon Musk Terminates Twitter Deal; ‘No Evidence’ of Border Patrol Agents Whipping Migrants: CBP | NTD Evening News
Elon Musk has terminated his deal to buy Twitter, according to a letter sent by his lawyer. Concluding a months-long investigation into whipping allegations, Customs and Border Protection announced on July 8 that it found “no evidence Border Patrol agents struck any person, intentionally or otherwise.” * Click the “Save” button below the video to…
Elon Musk Pokes Fun at Bill Gates’ Claim That ‘Cheap, Green Hydrogen Would Be Massive Breakthrough’
Tesla CEO Elon Musk appeared to poke fun at Bill Gates on Thursday after the Microsoft founder claimed that clean hydrogen energy could zero out emissions and help tackle climate change. Gates, on his Twitter account, had earlier posted a link to a blog entry titled “To cut emissions, use this Swiss Army Knife”; a screenshot of which was captured and shared by The…
Twitter Lays off ’30 Percent’ of Recruitment Staff as Musk Takeover Fracas Continues
Social media giant Twitter laid off 30 percent of its talent acquisition team on Friday amid businessman Elon Musk’s $44 billion takeover, according to multiple reports. Roughly a third of the talent acquisition team was affected by the decision, according to reports from The Wall Street Journal and TechCrunch. Twitter employs more than 7,000 people globally and the layoffs impacted…
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