Rep. Alexandria Ocasio-Cortez (N.Y.) said she wants to give up her Tesla, one month after getting into an online spat with Elon Musk on Twitter. The progressive Democrat revealed her plan after being asked about the billionaire’s recent comments that he was going to vote Republican in the upcoming elections. Ocasio-Cortez purchased her Tesla Model…
AOC Says She Wants to Ditch Her Tesla Following Online Spat With Musk
May 27, 2022
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Elon Musk’s Starlink Now Has Over 400,000 Global Users
Tesla Inc CEO Elon Musk-owned SpaceX’s high speed, satellite-based internet service Starlink now has over 400,000 subscribers globally, CNBC reported on Wednesday, citing a filing with the Federal Communications Commission. What Happened The latest numbers reveal Starlink’s fast growth. The company reported 250,000 subscribers two months ago and about 145,000 subscribers at the start of the year. The subscription numbers include both individual…
Elon Musk Is Taking a Page From Donald Trump’s Book: Part I
Commentary Elon Musk’s acquisition of social media giant Twitter could be just the start of his public service to America. To the great consternation of the American Left, Musk is in the process of acquiring Twitter. Is this a random—albeit very surprising—act on the part of Musk, or is it the start of something wholly…
12 Groups Behind Protest of Musk’s Twitter Takeover Have Ties With Gates Foundation, Soros
May 26, 2022
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Bill & Melinda Gates FoundationBill GatesBusiness & EconomyCompaniesElon MuskGates FoundationMedia & Big TechMuskSocial MediaTechTech NewsTwitterUSUS News
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Around a dozen liberal groups that pressured Twitter advertisers to boycott the platform in response to Elon Musk’s plans to acquire it received money from entities backed by Bill Gates and George Soros, an analysis of public filings shows. In early May, a group of 26 organizations penned a public letter claiming that the Tesla…
Elon Musk’s Net Worth Falls Below $200 Billion With Tesla Stock Crash
Tesla Inc CEO Elon Musk is no longer in the $200 billion club, of which he was the sole member, after the electric vehicle maker’s latest stock plunge, Bloomberg News reported on Wednesday. What Happened: The billionaire entrepreneur’s net worth dropped to $192.7 billion on Tuesday as shares of Tesla fell nearly 7 percent. Tesla’s drop outpaced…
Twitter Investors Vote Against Reelecting Elon Musk Ally to Board
Twitter Inc. investors blocked the reelection of an ally of Elon Musk to the board at an annual meeting on Wednesday that avoided the biggest question for the social media company: will it complete a $44 billion sale to the billionaire. Investors voted against Egon Durban, the co-head of private equity firm Silver Lake, who…
Jack Dorsey Steps Down from Twitter Board
Twitter’s former CEO Jack Dorsey has reportedly stepped down effective immediately from his seat on the social media platform’s board after a stakeholder meeting on Wednesday. The move was expected after Twitter “shared back in November” that Dorsey would leave the board when his term expired at the 2022 meeting of stockholders, a Twitter spokesperson…
Twitter Shareholders Meet Amid Elon Musk’s Takeover Drama
Twitter’s regularly scheduled shareholder meeting Wednesday didn’t include a vote on Tesla billionaire Elon Musk’s $44 billion bid for the social platform. But the prospects of the buyout and the drama that’s surrounded it seemed to be on participants’ minds anyway. CEO Parag Agrawal said at the outset that executives won’t be answering any questions…
Twitter Shares Jump After Elon Musk Boosts His Equity Commitment in Twitter Takeover
Twitter shares jumped more than 7 percent in after-hours trading following a fresh securities filing showing Elon Musk has boosted the equity commitment in his Twitter buyout to $33.5 billion from $27.5 billion. The filing stated that Tesla’s CEO has allowed the margin loan commitment provided by Morgan Stanley to expire. The margin loan was…
Elon Musk Says Starlink Works ‘Quite Well’ on Plane, Says He Is Testing on His Private Jet
Tech billionaire Elon Musk said on May 23 that he is testing SpaceX’s Starlink on his private jet. “I am testing Starlink on the plane. Some polishing needed, but it’s working quite well,” Musk wrote on Twitter. In a separate tweet on the same day, Musk wrote, “Starlink does work on vehicles in motion, including…
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