SAN FRANCISCO—Tesla has cut job postings by 14 percent since Chief Executive Elon Musk warned he was worried about the economy, needed to reduce staff and would pause hiring worldwide. Tesla’s actions are a concerning sign of the health of the global economy as markets contract, inflation soars and recession worries run rampant. The number…
Elon Musk Addresses Crypto Scams and Payments in Twitter Staff Meeting
Tesla Inc. CEO Elon Musk addressed cryptocurrency scams and payments in his interaction with Twitter Inc. employees Thursday. What Happened The entrepreneur said, “There’s quite a lot of crypto scams on Twitter. It’s gotten better, but there’s still a fair bit of that,” according to a transcript of the interaction published by Vox. Musk said…
Tesla Investor Sues Musk, Board Over Accusation of Workplace Discrimination
A Tesla Inc. shareholder sued the electric car maker, Chief Executive Elon Musk, and its board, accusing them of neglecting to tackle complaints about workplace discrimination and harassment, and engendering a “toxic workplace culture.” Thursday’s lawsuit is the latest against Tesla, which has been accused of racial discrimination and sexual harassment in its factories. “Tesla…
Elon Musk Hit With $258 Billion Lawsuit Over Alleged Dogecoin Pyramid Scheme
A Dogecoin investor sued Elon Musk in a class-action lawsuit for $258 billion on June 17 for allegedly running a pyramid scheme to support the cryptocurrency. The plaintiff, Keith Johnson, accused the billionaire CEO of Tesla Inc and SpaceX in a complaint filed in U.S. District Court in Manhattan of using “his pedestal as World’s Richest man…
New Jersey and San Francisco Bay Area to Host 2026 World Cup; Elon Musk Addresses Twitter Employees | NTD Daybreak
It’s official, the 2026 FIFA World cup is coming to New Jersey and the San Francisco Bay Area. Fans celebrate the announcements made Thursday. Elon Musk addresses Twitter employees in a leaked internal online Q&A meeting. Find out what was discussed during the video call. Leaders from France, Germany, and Italy visit Ukraine to show…
Tesla to Charge More for Cars in the US as Inflation Bites
Tesla Inc. again raised prices for all its car models in the United States in response to persistent global supply-chain problems and soaring raw material costs. The electric carmaker increased its Model Y long-range price to $65,990 from $62,990, its website showed on Thursday, after delaying U.S. deliveries of some long-range models by up to…
Musk Appeals Ruling That Upheld Securities Fraud Settlement
DETROIT—Tesla CEO Elon Musk is appealing a federal court ruling that upheld a securities fraud settlement over Musk’s tweets claiming that he had the funding to take Tesla private in 2018. Musk’s lawyer Alex Spiro filed a notice of appeal Wednesday with the federal appeals court in Manhattan. No grounds were stated, and a full…
Elon Musk Tells Twitter Staff He’ll Allow ‘Pretty Outrageous’ Tweets in Leaked Video
A portion of billionaire tech entrepreneur Elon Musk’s call with Twitter employees was released Thursday, with the Tesla CEO saying that he believes “people should be allowed to say pretty outrageous things” as long as it’s legal. “So I think people should be allowed to say pretty outrageous things that are in the bounds of…
Democrats ‘Would Rather Tesla Was Dead Than Be Alive And Non-Unionized’: Elon Musk
June 16, 2022
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Elon Musk, in a recently released video, has again called out the Biden administration over its alleged bias against his flagship company Tesla because it is non-unionized. “The current Democratic Party does not support Tesla because it is not unionized,” Musk said during a lengthy late May interview, part of which was released on June 15….
Here’s How Much Elon Musk-Related Scams Have Cost Traders and Investors
An estimated $5.4 million worth of cryptocurrency has been lost to scams perpetrated in the name of Tesla CEO Elon Musk from 2018 to May 2022, an analysis conducted by blockchain visualization and risk mitigation software company Blockchain Intelligence Group (BIG) has revealed. The research further indicates from 2018 to May 2022, a total of 2,703…
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