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Tag: Elon Musk

X to introduce video calls for verified users - Report
News

Linda Yaccarino assumes duty as Twitter CEO

About a month after Elon Musk selected Linda Yaccarino as the new CEO of Twitter, Yaccarino tweeted late on Monday that she had started working for the social media business. According to Reuters, she tweeted: “It happened – first day in the books!” without providing any specifics. At a time when Twitter has been attempting to reverse […]

Elon Musk discloses plans for self-driving cars
Business

How Twitter CEO appointment’ll help Tesla- Analysts

Analysts have said the recent appointment of a new CEO for Twitter would help the tech leader, Elon Musk eliminate a significant distraction and give ample time to concentrate more on Tesla Inc. The electric vehicle giant, Tesla has been struggling with declining demand for its electric vehicles which has since 2023 caused variation in […]

Ford set to reduce electric Mustang Mach-E price
Business

Ford set to reduce electric Mustang Mach-E price

Ford has announced that it will reduce the cost of its Mustang Mach-E by a range of $1,000 to $4,000. The reductions will result in the vehicle’s starting price falling between $42,995 and $59,995. According to CNBC, the reductions represent the most recent price adjustments to the EV sector after many price changes for Tesla vehicles this year. The […]

Elon Musk's Twitter halts non-subscriber ads
Business

Elon Musk’s Twitter halts non-subscriber ads

Twitter, a microblogging website, has announced that as of Friday, April 21, 2023, users who do not subscribe to Twitter Blue will no longer be able to run advertisements on the platform. This came after millions of accounts on the network had their legal blue checks removed as Elon Musk kept up his aggressive campaign for […]

Business

Angry Tesla Shanghai employees confront Elon Musk over bonus cuts

After learning about reductions in their performance bonuses over the weekend, Tesla’s Shanghai manufacturing employees resorted to social media to appeal to Elon Musk and the Chinese public. A number of the posters criticized Tesla for the changes and claimed they thought the deductions were related to a deadly accident that occurred at the plant, […]

X to offer paid users xAI chatbot - Musk
Business

Twitter cuts workforce to 1500 – Elon Musk

The CEO of Twitter, Elon Musk stated that the social media company is “roughly breaking even” in term of revenue having cut employees to 1500. He said this during an interview wirh BBC and broadcasted live on Twitter Spaces. He attributed this to the return of most of its advertisers and the success of its […]

Elon Musk discloses plans for self-driving cars
Business featured

Elon Musk’s Tesla sued for privacy violation

A Tesla owner from California has filed a class action lawsuit against the electric carmaker for infringing on customers’ privacy.  As reported by Reuters on Thursday, Tesla employees had been privately sharing “highly invasive videos and images” taken by the car cameras between 2019 and 2022. The lawsuit was filed by a San Francisco resident, […]

News

Why Elon Musk plans to visit China, April

  By Christian George Tesla’s CEO, Elon Musk, is set to visit China in order to woo more foreign investment to help shore up an economy battered by three years of COVID curbs. It would be recalled that the World Richest Man visited the Asian country in the year 2020 to launch his internet business. […]

X to offer paid users xAI chatbot - Musk
Business

Turkish board fines Elon Musk over Twitter purchase

The Turkish Competition Board has on Monday said Elon Musk will be fined over Twitter’s takeover without the board’s permission. Reuters reported that Turkey’s board decided to fine Musk an estimated value of 0.1 percent of Twitter’s gross income in Turkey in 2022. This publication recalls that the Billionaire, Elon Musk purchased Twitter on October […]

Tesla grants Elon Musk $29bn in shares
Business

Elon Musk becomes world’s richest man again

Tesla Chief Executive Officer, Elon Musk, has regained his title of the richest man in the world, after losing it for 82 days.   He had lost the title to French billionaire, Bernard Arnault, CEO, of LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury goods company, on December 8, 2022, steming from controversies surrounding […]

Mark Zuckerberg beats Elon Musk in billionaire rankings
Business

Meta copied Twitter with Facebook, IG subscription plan – Users

Some users of Facebook and Instagram have said the Chief Executive Officer of Meta, Mark Zuckerberg, has copied Musk’s Twitter ads free paid subscription plan. This followed the announcement of the CEO on Sunday about its plan to begin a paid subscription service that allows users of Instagram and Facebook to verify their accounts. Recall […]

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