Controversial Tesla Inc. CEO Elon Musk has Wall Street buzzing after social media platform Twitter Inc. accepted Musk’s hostile takeover bid to take Twitter private for $44 billion. Twitter’s board of directors accepted Musk’s bid on Monday after initially fending off the buyout by adopting a so-called poison pill. Tesla shares traded lower by 9.5…
Tesla Loses $126 Billion in Value Amid Musk Twitter Deal Funding Concern
Tesla Inc. lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc. Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk…
Facts Matter (April 26): 5 Major Changes for Twitter After Board “Unanimously Approves” Musk to Buy Company for $44B
Monday afternoon, the board of directors at Twitter announced that they are accepting Elon Musk’s bid to purchase the company in its entirety. Specifically, Monday was the culmination of three months’ worth of strategic jockeying on the part of Musk to successfully buy one of the most popular social media companies in the world—and arguably,…
The Political Fallout of Elon Musk Buying Twitter
April 26, 2022
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2022 electionBig Tech, Censorship, and SocialismBusiness & EconomyCompaniesDonald TrumpElon MuskFeatured TopicsMedia & Big TechPoliticsSocial MediaTechTwitterUSUS News
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Billionaire Elon Musk has been highly critical of Twitter’s restrictions on speech. With his purchase of the social media platform and his goal of creating an open and transparent environment, there has been some discussion about the impact this could have on U.S. elections moving forward. Elon Musk’s takeover of Twitter is a “huge deal,”…
Censorship No More? The Political Fallout of Elon Musk Buying Twitter
April 26, 2022
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2022 electionBig Tech, Censorship, and SocialismBusiness & EconomyCompaniesDonald TrumpElon MuskFeatured TopicsMedia & Big TechPoliticsSocial MediaTechTwitterUSUS News
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Billionaire Elon Musk has been highly critical of Twitter’s restrictions on speech. With his purchase of the social media platform and his goal of creating an open and transparent environment, there has been some discussion about the impact this could have on U.S. elections moving forward. Elon Musk’s takeover of Twitter is a “huge deal,”…
Elon Musk Wants Tesla to Mine Lithium Due to 359 Percent Year-on-Year Price Hike
April 26, 2022
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Business & EconomycommoditiesCompanieseconomyElon Musklithium plantLithium SupplyMarketsTesla factoryUSUS News
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Billionaire entrepreneur Elon Musk has proposed that Tesla might have to begin mining lithium, a critical element in electric vehicle batteries, given the skyrocketing prices of the chemical element. In 2012, a ton of lithium cost $4,450. A decade later, in 2022, the price surged to $78,032 per ton, an increase of more than 1,650…
Suspended Conservatives Return to Twitter as Musk Takes Over
April 26, 2022
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Business & EconomycensorshipCompaniesDonald TrumpElon MuskMedia & Big TechPoliticsSocial MediaTechTwitterUS
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The day after Elon Musk’s recent $44 billion acquisition of Twitter, many conservatives returned to the platform as the tech billionaire promised to protect the right to free speech. Conservative media personalities like Tucker Carlson, Mark Levin, Raheem Kassam, and others are returning to Twitter after previously being suspended. Tesla CEO Elon Musk secured the deal…
Conservatives Return After Musk Reaches Deal to Buy Twitter
April 26, 2022
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Business & EconomycensorshipCompaniesDonald TrumpElon MuskMedia & Big TechPoliticsSocial MediaTechTwitterUS
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The day after Elon Musk reached an agreement to acquire Twitter for $44 billion on the promise of protecting freedom of speech, a number of prominent conservatives returned to the platform. Conservative media personalities such as Tucker Carlson, Mark Levin, Raheem Kassam, and others returned, some after having been previously suspended. Tesla CEO Elon Musk secured the deal…
Elon Musk’s Twitter: What’s Next for the Social Network?
Twitter’s Board of Directors officially accepted Elon Musk’s offer of $54.20 per share in cash, valuing the company at around $44 billion. The deal would allow Musk to take the 16-year-old social media platform private and implement a wide range of changes to the struggling tech firm. There are still many hurdles to overcome for…
Twitter Users Threaten to Leave Over Takeover; China Firms Avoid Tariffs With Loophole | NTD Business
Celebrities and others are threatening to leave Twitter, following Elon Musk’s takeover. Why? The nation’s largest retirement plan provider is jumping into crypto. Soon, many people may be able to invest in bitcoin through their retirement plans. The Biden administration is blocking oil drilling expansion in Alaska, reversing a Trump-era move to open it up….
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