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Tesla shareholders go to trial over Elon Musk’s tweet – these lawsuits could be next
As he goes to trial against Tesla shareholders, Musk is still facing multiple other lawsuits over his takeover of Twitter.
As he goes to trial against Tesla shareholders, Musk is still facing multiple other lawsuits over his takeover of Twitter.
Tesla’s brand’s image has plunged in the months following CEO Elon Musk’s acquisition of Twitter according to new research from Morning Consult.
It was a tough year for tech billionaires, Russian oligarchs–and Elon Musk.
On Tuesday, the electric vehicle maker’s equity valuation dipped below US$500 billion in mid-day trading for the first time since November 2020.
Musk said he hopes to find “someone else to run Twitter,” reducing the number of multibillion-dollar companies he helms back to two.
The Musk-Twitter saga started when the billionaire acquired a 9% stake in the firm back in April and within weeks announced a bid to acquire it at a massive premium.
The world’s richest person has now sold US$19.3 billion of Tesla stock since announcing his Twitter takeover.
Users with Twitter Blue can post longer videos and have their content prioritized.
The Saudi royal tweeted “Dear friend “Chief Twit” @elonmusk Together all the way @Twitter.
Musk fired Twitter CEO Parag Agrawal and other top executives as his US$44 billion deal closed, CNBC first reported.