Business Standard

Page 3 - Latest Updates on Elon Musk

Twitter, Tesla and Musk see billions evaporate after reports of buyout bid

Most of the vapourisation is coming from investors abandoning Tesla. Their carp is that legal issues at Twitter might distract the maverick suitor

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Updated On : 14 May 2022 | 7:18 AM IST

Top headlines: Musk puts Twitter deal on hold, SBI Q4 profit rises 41%

Elon Musk says his $44-billion deal for Twitter Inc was temporarily on hold, citing pending details on spam and fake accounts

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Updated On : 13 May 2022 | 5:58 PM IST

Musk says $44-bn Twitter deal on hold, seeks details on spam accounts

The company has estimated that false or spam accounts represented fewer than 5% of its monetizable daily active users

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Updated On : 14 May 2022 | 2:15 AM IST

Tesla, Twitter shares drop on potential legal issues against Musk, coup bid

Of the two, Musk's electric vehicle company has fared worse, with its stock down almost 16% so far this week to $728.

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Updated On : 13 May 2022 | 9:21 AM IST

Two top managers fired from Twitter amid Elon Musk's buyout turmoil

In a series of tweets Thursday, Kayvon Beykpour who is leaving after 7 years, said CEO Parag Agrawal asked me to leave after letting me know that he wants to take the team in a different direction.

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Updated On : 13 May 2022 | 8:13 AM IST

Elon Musk's delay in disclosing Twitter stake triggers SEC probe

The Wall Street Journal reported on Wednesday that the SEC is investigating Musk's submission of a form that investors must file when they accumulate more than 5 per cent of a company

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Updated On : 13 May 2022 | 1:35 AM IST

Twitter to freeze hiring, rescind some offers and make cost-cutting efforts

The news comes as billionaire Elon Musk is working to close a $44 billion deal to acquire Twitter

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Updated On : 12 May 2022 | 10:34 PM IST

From India to Indonesia, Elon Musk scouts for sites to make more Teslas

To meet ambitious electric vehicle targets, Indonesia has drawn in several battery and car manufacturers in recent months with a variety of incentives

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Updated On : 12 May 2022 | 12:03 PM IST

Dorsey says no plans to head Twitter again, hints at limited involvement

Jack Dorsey, who currently heads payments firm Block Inc, owns a 2.4% stake in Twitter, according to Refinitiv

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Updated On : 12 May 2022 | 9:51 AM IST

Musk recklessly tweeted that got funding for taking Tesla private: US judge

Pre-trial decision represented a major victory for investors in a lawsuit accusing the world's richest person of inflating stock prices.

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Updated On : 30 Jan 2023 | 3:01 PM IST

Twitter co-founder Jack Dorsey backs Musk's plan to reverse Trump's ban

"I think it was a morally bad decision to be clear and foolish in the extreme," Jack Dorsey said at a Future of the Car event hosted by the Financial Times

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Updated On : 11 May 2022 | 10:36 AM IST

Elon Musk says he would reverse Twitter's ban of Donald Trump

Musk, speaking virtually at a Future of the Car summit hosted by the Financial Times, said Twitter's Trump ban was 'a morally bad decision and foolish in the extreme'

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Updated On : 10 May 2022 | 11:48 PM IST

Musk says he's 'aligned' with EU approach to digital rules

Elon Musk, who is offering to buy Twitter, has given his support to a new European Union law aimed at protecting social media users from harmful content after he met with the bloc's single market

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Updated On : 10 May 2022 | 7:48 PM IST

Musk's Twitter remark on Indian architecture stirs India visit speculation

His Twitter remark led several Indian Twitter users to respond to Musk's tweet, asking, "Any plans to visit India soon?"

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Updated On : 10 May 2022 | 9:28 AM IST

Twitter abuzz over Musk's 'if I die under mysterious circumstances' post

The post came a few days after the Tesla CEO announced acquisition of Twitter for $44 billion.

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Updated On : 09 May 2022 | 9:30 AM IST

Adar Poonawalla woos Musk to invest in making Tesla cars in India

Serum Institute of India (SII) CEO Adar Poonawalla on Sunday wooed Elon Musk to invest in India to manufacture Tesla electric cars, saying it will be the best investment he would have ever made.

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Updated On : 08 May 2022 | 11:32 PM IST

Musk thinks he can double Twitter's revenue from subscriptions by 2028

In a pitch deck viewed by the New York Times, Musk gave investors a taste of what to expect under his ownership

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Updated On : 08 May 2022 | 10:32 AM IST

Twitter to focus more on engineering if acquisition completes: Musk

Tesla CEO Elon Musk has revealed that Twitter will focus deeply on hardcore software engineering, design, and more, following the completion of the acquisition of the micro-blogging site.

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Updated On : 07 May 2022 | 9:49 AM IST

Saudi Prince reverses course on Twitter for 'new friend' Elon Musk

When Musk announced his $54.20-per-share offer in April, Alwaleed used the social-media platform to reject the offer, saying it didn't 'come close' to Twitter's intrinsic value

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Updated On : 06 May 2022 | 11:13 PM IST

Elon Musk, Twitter are sued by shareholder over $44 billion takeover

The lawsuit said Musk became an 'interested stockholder' after taking a more than 9% Twitter stake, requiring the delay

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Updated On : 06 May 2022 | 9:23 PM IST