Search results for "Elon Musk"

As Musk Focuses on TWITTER, His $56 Billion Tesla Pay Goes to Trial

As Elon Musk is engulfed in his overhaul of Twitter, the entrepreneur is headed to trial to defend his record $56 billion Tesla Inc pay package against claims it unjustly enriches him without requiring his full-time presence at the carmaker. A Tesla shareholder is seeking to rescind Musk’s 2018 pay deal, claiming the board set […]

Musk Reverses Course, Again: He's Ready to Buy Twitter, Build 'X' App

Billionaire Elon Musk is proposing to proceed with his original $44 billion bid to take Twitter Inc private, security filings showed on Tuesday, calling for an end to a lawsuit by the social media company that could have forced him to pay up, whether he wanted to or not. An agreement would put the world’s […]

Musk Says Starlink Will Seek Exemption from Iranian Sanctions

SpaceX CEO Elon Musk said on Monday that the company will ask for an exemption from sanctions against Iran to provide the firm’s Starlink satellite broadband service in the country. Musk made the statement on Twitter at a time of widespread protests in Iran over the death of a woman in police custody. Some people […]

Inside Tesla's Drive to Keep Musk's Battery Promise

The secret behind Elon Musk’s goal of selling 20 million Tesla’s a year by 2030 lies in its pioneering battery technology. The good news is that by using bigger cells and a new process to dry-coat electrodes, Tesla could halve the cost of a Model Y battery, saving more than 8 percent of the car’s […]

Musk Seeks Documents from Jack Dorsey in Fight over Twitter Deal

Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing. Dorsey, who resigned as Twitter’s chief executive in November and left the board […]

Musk Challenges Twitter CEO to Public Debate on Bots

Elon Musk on Saturday challenged Twitter Inc Chief Executive Officer Parag Agrawal to a public debate about the percentage of bots on the social media platform. “Let him prove to the public that Twitter has <5 percent fake or spam daily users!,” Musk said in a tweet. He also started a poll asking users whether […]