In an early morning Tweet on Friday Elon Musk says his planned buyout of Twitter is “temporarily on hold,” but that he remains committed to buying the social media platform. Since announcing his Twitter share […]
According to a report by Bloomberg Law, Elon Musk is attempting to obtain enough equity and preferred financing for his proposed takeover of Twitter to avoid the requirement for a $6.25 billion margin loan tied […]
The United States Security and Exchange Commission (SEC) is now investigating Elon Musk for yet another issue. According to the Wall Street Journal, the US regulators are investigating Musk’s delayed disclosure of his stock purchase […]
US Judge Edward Chen determined that Elon Musk’s 2018 tweets about funding secured were inaccurate and reckless. As per reporting by Reuters, this statement comes from a pre-trial decision from the bench. Evidently, this is […]
Tesla has already opened up their Supercharger network to owners of other electric vehicles (EVs) in several European countries. The automaker launched their pilot project in Europe because they would not have to incur the […]
Elon Musk has warned that Tesla may stop taking orders for some of its vehicles due to demand far exceeding current production levels. Musk made issued the warning while speaking at the Financial Times Future […]
Indonesian President Joko Widodo plans to meet Tesla CEO Elon Musk during his upcoming visit to the United States with the hopes of securing a nickel supply deal with the world’s leading EV automaker. Widodo […]
Dmitry Rogozin, head of the Russian Space Agency Roscosmos, threatened Elon Musk and SpaceX due to Starlink assistance in Ukraine. Rogozin released a statement to the media noting that Starlink’s assistance to the militants of […]
The Orlando Police Pension Fund is suing Twitter and Elon Musk, saying the proposed $44 billion buyout can’t be completed until at least 2025. Regulatory filings published last month show Elon Musk has a 9.2% […]
Elon Musk has been successful in his attempts to secure more equity from investors to put towards his purchase of Twitter. According to a regulatory filing published this morning, Musk has been able to round […]
