Tesla Inc. CEO Elon Musk may soon be heading for a courtroom battle with company shareholders who claim that they have lost billions of dollars because of Musk’s 2018 tweet on taking Tesla private. A ruling in favor of the shareholders would allow them to focus at trial solely on connecting Musk’s allegedly false statement…
Elon Musk Faces Legal Challenge Over Claim That His Tesla Financing Tweet Was True
March 14, 2022
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Business & EconomychallengeCompanieseconomyElon MuskfinancingJudiciarylegalSECTechTech NewsteslatweetUSUS News
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Tesla’s Musk Seeks to End SEC Muzzle on Tweets, Could Face Uphill Battle
Tesla Inc. Chief Executive Elon Musk on Tuesday asked a federal judge to terminate his 2018 agreement with the top U.S. securities regulator requiring some of his tweets to be vetted by a lawyer. Musk also asked the judge to block a U.S. Securities and Exchange Commission (SEC) subpoena requesting records of pre-approval of a…
Elon Musk Says Europe Should Restart Dormant Nuclear Power Stations
March 7, 2022
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Business & Economyeconomic policieseconomyElon MuskEnvironmentEuropeInternationalMarketsNuclear powerRussia-Ukraine WarScienceWorld
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Elon Musk has said he believes Europe should restart its dormant nuclear power stations and boost production in those that are operational as experts fear that Russia’s invasion of Ukraine could create a shortage of gas across the continent. Taking to Twitter on Sunday, the Tesla CEO said that “nuclear is vastly better” for global warming than…
Elon Musk Urges US to Increase Oil, Gas Output ‘Immediately’ Due to Russia’s Invasion of Ukraine
Tesla CEO Elon Musk has said the United States needs to increase oil and gas output “immediately” after Moscow’s invasion of Ukraine, despite admitting it would have a “negative” effect on his electric vehicle company. Musk took to Twitter on March 5 to share his thoughts on the United States boosting production at home in an…
Elon Musk: Starlink Won’t Block Russian News Sources
March 5, 2022
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Business & EconomyCompaniesElon MuskEuropeMedia & Big TechRussia-Ukraine WarTechTech NewsUkraineWorld
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SpaceX won’t take action against Russian media outlets, CEO Elon Musk said March 5. SpaceX’s Starlink, a satellite broadband service, started providing internet to Ukrainians in late February in the wake of the Russian invasion. Since the war started, a number of entities have stopped carrying or banned Russian outlets, including U.S. platform DIRECTV and the…
Elon Musk Warns Ukraine Starlink Users Could Be Targeted by Russia, Asks to Take These Precautions
March 5, 2022
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Business & Economyeconomic policieseconomyElon MuskEuropeMarketsRussia-Ukraine WarStarlinkTechTech NewsUkraineWorld
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Tesla Inc and SpaceX CEO Elon Musk on Thursday urged Ukrainians to use Starlink with caution, saying the high-speed internet service could be targeted by Russian troops and gave a few pointers on how to go about it. What Happened Musk on Twitter said that Starlink was currently the only non-Russian communications system still working in parts of Ukraine and flagged a security…
Teen Who Tracked Elon Musk’s Private Jet Starts Following Flights of Russian Oligarchs
A teenager who was blocked on social media by Elon Musk after tracking the Tesla chief executive officer’s private jet has now started following the private planes of Russian oligarchs. Jack Sweeney, 19, created a Twitter account called “Russian Oligarch Jets” in February amid President Vladimir Putin’s invasion of Ukraine. The account tracks the movements of some of Russia’s wealthiest businessmen, informing…
Tsunami-Hit Tonga Reconnects to Internet After 5 Weeks of Outage
Tonga’s Internet connection was restored on Tuesday, five weeks after the Pacific island nation had been cut off from the outside world owing to a massive volcano eruption and tsunami that severed an undersea cable between Tonga and Fiji. Digicel Tonga issued a statement on Tuesday stating that data connectivity was restored in the main…
Elon Musk, Tesla Attack SEC for ‘Unrelenting’ Harassment
NEW YORK—Tesla Inc. and its Chief Executive Elon Musk on Thursday accused the U.S. Securities and Exchange Commission (SEC) of harassing them with an “endless” and “unrelenting” investigation to punish Musk for being an outspoken critic of the government. The accusation came in a letter to U.S. District Judge Alison Nathan in Manhattan, who presided…
Elon Musk and Dogecoin Co-Creator Say Twitter Needs to Take Urgent Action Against Crypto Scams
Tesla Inc. CEO Elon Musk has agreed to a comment by Dogecoin co-creator Billy Markus that Twitter Inc. needs to curb cryptocurrency scam activity on its social media platform. What Happened Markus asked Twitter to take action on the “super irritating” cryptocurrency scams, to which Musk commented by saying, “Agreed. This has been broken for a…
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