Tag: Elon Musk

Ex-M&A Lawyer From Twitter’s Law Firm Has Advice for Elon Musk, but Calls Him ‘Rich, Weird and Stubborn’

Matt Levine is a Bloomberg Opinion columnist covering the financial markets, and he’s got a word of advice for Tesla Inc.’s Elon Musk on how to handle the Twitter Inc. buyout fallout. It is worth mentioning that Levine is also a former mergers and acquisitions attorney at the law firm Wachtell, Lipton, Rosen & Katz—the same…


Rivian to Address Layoffs at Friday Meeting, Tesla to Cut 229 Jobs

Electric truck maker Rivian Automotive will brief employees on Friday on potential layoffs and plans to suspend some programs as part of a broader restructuring, Chief Executive R.J. Scaringe said in an email sent to employees on Monday evening. Separately, electric-car maker Tesla Inc will permanently shut its office in San Mateo, California, and will…


Elon Musk Responds After Twitter Files Lawsuit Against Him

Tesla CEO Elon Musk responded to Twitter’s lawsuit against him after the billionaire said he was terminating his $44 billion deal to purchase the company. Just an hour after Twitter filed its suit in a Delaware court that specializes in corporate disputes, Musk responded—on Twitter. “Oh the irony lol,” he wrote on Twitter. He did…


Elon Musk Responds to Twitter Lawsuit; Uvalde School Shooting Surveillance Footage Released | NTD Good Morning

Elon Musk responds to the Twitter lawsuit against him. We hear what the billionaire has to say about the court filing. The video from the Uvalde School shooting was released. The footage is drawing both anger and criticism. Mexico’s President agrees to spend one-point-five billion dollars on border technology over the next two years. Find out what…


Elon Musk Reacts to Starship Booster Exploding During Test Run

SpaceX and Tesla Inc. CEO Elon Musk said it was “not good” after an explosion took place during the testing of a prototype Super Heavy rocket booster. What Happened Musk’s comments came in response to a tweet that featured the explosion that occurred during the testing of the Super Heavy Booster 7 at SpaceX’s Boca Chica,…


Musk’s Tesla Stock Sale Windfall Dwarfs Twitter Loss

Elon Musk’s attempt to scrap his purchase of Twitter Inc. may leave the world’s wealthiest person in a stronger financial position than before he unveiled the $44 billion deal, with billions of dollars in cash from selling Tesla shares now sitting in the bank. After Musk on Friday tore up his April 25 agreement to…


LIVE 6:30 PM ET: Twitter Sues Elon Musk; Man Armed With Machete Approached Pregnancy Clinic: Senate Witness | NTD Evening News

Twitter on July 12 sued Elon Musk in order to have him purchase the social media company, which he had agreed to buy but terminated the deal. During a July 12 Senate hearing on the overturning of Roe v. Wade, the director of a pro-life pregnancy center said that a man armed with a machete…


Twitter Sues Elon Musk; Man Armed With Machete Approached Pregnancy Clinic: Senate Witness | NTD Evening News

Twitter on July 12 sued Elon Musk in order to have him purchase the social media company, which he had agreed to buy but terminated the deal. During a July 12 Senate hearing on the overturning of Roe v. Wade, the director of a pro-life pregnancy center said that a man armed with a machete…


Elon Musk Sued by Twitter

Twitter Inc. filed a lawsuit against Elon Musk after the tech billionaire opted to pull out of the $44 billion deal to purchase the social media firm. The San Francisco-based company, which last week threatened to sue Musk over the deal, filed the lawsuit in the Delaware Chancery Court. The court specializes in corporate disputes. “Rather…


Twitter Sues Musk Over Pullout From $44 Billion Deal

Twitter Inc. filed a lawsuit against Elon Musk after the tech billionaire opted to pull out of the $44 billion deal to purchase the social media firm. The San Francisco-based company, which last week threatened to sue Musk over the deal, filed the lawsuit in the Delaware Chancery Court. The court specializes in corporate disputes. “Rather…