Tesla Stock Slump Impacts Elon Musk’s Wealth
The recent decline in Tesla's stock has had significant consequences for its shareholders, most notably Elon Musk. As a result of the fall, Musk appears to have lost his position…
Elon Musk’s Opinion on Index Funds
During a recent conversation between Cathie Wood and Elon Musk, the focus turned towards an interesting topic - index funds. Musk expressed his skepticism towards these passive investing vehicles, stating…
Elon Musk Outlines 3 Key Issues That Twitter Needs to Resolve Before Deal
(CNBC) Elon Musk’s Twitter acquisition remains uncertain after the billionaire cited “unresolved matters” before he could finalize the deal. The lingering issue of fake accounts is one that Musk has…
Elon Musk Wants Crypto Payments Introduced to Twitter
(Vox) Elon Musk has recommended the integration of crypto payments into social media giant Twitter. In a Q&A session with Twitter Employees, Musk said that integrating payments would make it…
Twitter Falls 4% as Musk Considers Abandoning $44B Deal
(FT) Twitter stock fell more than 4% on Monday after Elon Musk said he might abort the $44 acquisition deal. Musk said that Twitter failed to satisfy his demands regarding…
Tesla Stock Falls 8% as Elon Musk Says He Wants to Cut 10% of Jobs
(Reuters) The shares of electric carmaker Tesla fell more than 8% on Friday after CEO Elon Musk said he needs to trim 10% of jobs in the company. The emailed…
Musk’s Net Value Sinks by 12.3B After He Trashes ESG, Announces Political Switch
(Twitter) The net value of Tesla CEO Elon Musk fell by about $12.3 billion in a single day after labeling the environmental, social, and governance aspects of investing a scam.…
Musk Secures $8.5B in Tesla Share Sale Amid Twitter Takeover Deal
(Financial Times) Tesla Chief Executive Elon Musk generated $8.5 billion from the sale of part of his stake in the company, following an agreement to take over social media giant…
Twitter’s Net Revenue Jumps 16% Amid Subscription Weaknesses
(Twitter) Twitter reported a net revenue of $1.20 billion in the first quarter of 2022, representing a gain of 16% from the previous year. The company said its advertising revenue…
Why Dogecoin Creator Sees a Price Rally as Musk’s Twitter Bid Goes Through
(Zycrypto) Dogecoin creator Billy Marcus touts the acceptance of Dogecoin as a payment option as one of the key utility drivers of the cryptocurrency as Elon Musk takes over Twitter.…
Twitter Gains 4% on Reports It Could Sell Itself to Musk as Soon as This Week
(WSJ) Twitter stock surged more than 4% on Monday after reported talks for a buyout by Elon Musk, with a deal expected as soon as this week. Musk is said…
Elon Musk Will Not Join Twitter Board, CEO Agrawal Says
(Twitter) Twitter CEO Parag Agrawal says Tesla’s CEO Elon Musk has decided not to join the social media giant’s board despite taking a 9.2% stake in the company. Agrawal says…