Tag: Elon Musk

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 […]

Elon Musk sues law firm over Twitter buyout charges
News

Elon Musk hints at Twitter sale by end of 2023

Twitter chief executive, Elon Musk, has hinted about a possible succession for his role in the company towards the end of the year.   In a tweet on Wednesday, Musk hinted that towards the end of this year would be a “good time” to find someone to succeed him as the chief executive of Twitter. […]

Tech

Buhari excited over Elon Musk’s Starlink services

Oluwanifemi Ojo   The President, Major General Muhammadu Buhari (retd.), has expressed his excitement over the unveiling of Elon Musk’s Starlink, a satellite internet provider, in Nigeria.   Buhari expressed his delight in a tweet on his verified page on Twitter on Thursday night.   The tweet reads, “We are delighted that Starlink services have […]

Elon Musk discloses plans for self-driving cars
Business featured

Tesla trial: Musk to testify over $50bn compensation

Tesla tycoon Elon Musk will take the stand on Wednesday as part of a trial over his $50 billion pay package as Chief Executive Officer of the electric car giant. Musk will testify in the same Delaware court where he faced a lawsuit by Twitter to make sure he went through with his buyout of […]

News

Musk sells $3.9bn Tesla shares after Twitter deal

Tesla boss and new Twitter CEO, Elon Musk, has sold another 19.5 million shares of the electric car maker worth $3.95bn.   This is coming less than two weeks after the world’s richest man completed his $44bn takeover of Twitter.   BBC reported that Tesla’s share price has fallen by more than 50% since the […]

X to offer paid users xAI chatbot - Musk
Oil and Gas

World needs oil, gas to survive – Elon Musk

Tesla CEO and the world’s richest person, Elon Musk, has reiterated the need for continued efforts to raise oil and gas exploration in the world. Musk stated this while speaking at a conference in Norway on Monday, according to Forbes. Reuters reported that Musk argued that civilization will crumble if the world stops the use of oil […]