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Twitter owner Elon Musk reportedly wants to build his own ‘utopia’ town | Science & Tech News
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Elon Musk has made no secret of his desire to colonise Mars, but seemingly not before he’s had a go at running his own community here on Earth. The SpaceX, Tesla, and Twitter owner wants to build a “utopia” called Snailbrook for his workers to live in Texas, reports The Wall Street Journal (WSJ). It…
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Elon Musk donated £1.6bn in Tesla stock to charity last year | US News
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Elon Musk donated around $1.95bn (£1.6bn) worth of Tesla stock to charity last year, according to documents filed in the US. The billionaire gifted about 11.6 million shares between August and December of 2022, the filing with the US Securities and Exchange Commission showed. It didn’t list which organisations were the recipients of the shares.…
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Elon Musk: Tesla and SpaceX founder cleared of deceiving investors with 2018 tweet | World News
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Elon Musk did not deceive his investors when he tweeted in 2018 that he had the funding to take Tesla private, a jury has found. Investors had sought to sue the SpaceX owner for billions of dollars because his tweet caused Tesla’s shares to soar, only to crash 10 days later when it became clear…
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Elon Musk appears in court to defend Tesla buyout tweets | Science & Tech News
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Elon Musk has appeared in court to refute allegations that Tesla shareholders were defrauded out of billions of dollars by his tweets. The company’s chief executive wrote in 2018 that he had “secured” funding to take the electric carmaker private and later that investor backing was “confirmed”, causing shares to soar and then fall. Less…
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Elon Musk and Tesla going on trial over claims his tweets cost investors billions of dollars | Science & Tech News
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Elon Musk and Tesla are set to go on trial over allegations that shareholders were defrauded out of billions of dollars by his tweets. The company’s chief executive wrote in 2018 that he had “secured” funding to take the electric carmaker private and later that investor backing was “confirmed”, causing shares to soar and then…
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Elon Musk breaks world record for largest loss of personal fortune in history | World News
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Elon Musk has earned a place in the Guinness World Records for the largest ever loss of personal wealth after Tesla stock plummeted. The Twitter and Tesla chief executive – who was overtaken as the world’s richest man in December – has lost about £153bn ($182bn) since November 2021, according to estimates by Forbes. Oher…
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Richard Branson woke in middle of night to find Elon Musk barefoot in his kitchen – and holding his baby | UK News
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Richard Branson has revealed a bizarre story about finding Elon Musk in the kitchen of his New Mexico house in the middle of the night before his first space flight. In an interview this weekend, Mr Branson said the Twitter and Tesla owner was completely barefoot, holding his fast-asleep baby X Æ A-12, and had…
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Elon Musk emails staff as Tesla stocks reach two-year low | Business News
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Tesla stocks have slid to their lowest value in more than two years as the electric car maker plans to reduce its production cycle and investors worry how much time Elon Musk is dedicating to managing Twitter. Musk emailed Tesla staff telling them not to be “bothered by stock market craziness” and that Tesla will…
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Gillian Keegan’s Twitter account changes picture to Elon Musk and promotes crypto in apparent hack | Politics News
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The UK education secretary’s Twitter account appears to have been hacked, with its profile picture changed to an image of Elon Musk and several posts promoting a cryptocurrency once backed by the billionaire. While Gillian Keegan’s page still describes her as MP for Chichester and secretary of state for education, and has retained its banner…
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Elon Musk says Twitter ‘not on the fast lane to bankruptcy anymore’ | Business News
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Elon Musk says Twitter is “not on the fast lane to bankruptcy anymore”, but admits there is “still much work to do”. Since he took control of the social networking platform in October, having paid $44bn (£38bn) for it, Musk has not had an easy ride. He made a number of controversial policy decisions and…