Elon Musk
WASHINGTON — The world’s richest man fired back Monday against his accusers who say he supports white supremacy by filing a lawsuit against the liberal media watchdog group Media Matters for America. He says in the lawsuit filed in federal... Read More
WILMINGTON, Del. — Tesla Inc.'s board of directors agreed Monday to return $735 million to shareholders who sued them for reaping windfall personal income off of the company's revenue. The lawsuit accused the auto company’s top executives of getting "outrageous"... Read More
SAN FRANCISCO (AP) — Elon Musk was depicted Wednesday as either a liar who callously jeopardized the savings of “regular people" or a well-intentioned visionary as attorneys delivered opening statements at a trial focused on a Tesla buyout that never... Read More
More than half of 17.5 million users who responded to a Twitter poll created by billionaire Elon Musk over whether he should step down as head of the company had voted yes by the time the poll closed Monday. There... Read More
Elon Musk's Twitter has dissolved its Trust and Safety Council, the advisory group of around 100 independent civil, human rights and other organizations that the company formed in 2016 to address hate speech, child exploitation, suicide, self-harm and other problems... Read More
WASHINGTON — A letter posted to Twitter’s Slack feed by a company lawyer, detailing the utter chaos the social media outlet has descended into since Elon Musk took control of it, has prompted a rare public rebuke from the Federal... Read More
WASHINGTON — Elon Musk completed his $44 billion buyout of Twitter late Thursday. One of his first acts was to fire top executives of one of the world’s most influential social media companies. The multibillion-dollar company dropped off the New... Read More
WILMINGTON, Del. — Elon Musk reversed course Tuesday by saying he plans to proceed with his original $44 billion deal to buy social media giant Twitter Inc. Musk notified the Securities and Exchange Commission of his change of plan in... Read More
Elon Musk has gotten into a Twitter tussle with Ukrainian President Volodymyr Zelenskyy after the tech billionaire floated a divisive proposal to end Russia’s invasion. The Tesla CEO, soon facing a court fight over his attempt to abandon a $44 billion offer... Read More
WASHINGTON — The Federal Communications Commission officially denied applications from SpaceX to deploy Starlink satellites to help bridge the broadband gap and from another company, LTD Broadband, that would expand its wireless internet. “After careful legal, technical and policy review,... Read More
GEORGETOWN, Del. — Twitter’s lawsuit will move forward in a five-day trial in October, Delaware Court of Chancery chancellor Kathaleen St. Jude McCormick ruled Tuesday. The ruling was a win for Twitter as the company had requested an expedited trial... Read More
WASHINGTON — The U.S. Securities and Exchange Commission began to question Elon Musk about his potential attempt to pull out of his $44 billion deal to buy Twitter more than a month before he made it official. The questions came... Read More
WASHINGTON — Twitter sued Elon Musk Tuesday after the world’s richest man attempted to back out of his $44 billion deal to buy the social media company last week. The company calls his attempt to back out part of a... Read More
NEW YORK (AP) — Shares of Twitter slid more than 6% at the opening bell Monday after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in... Read More
WASHINGTON — Elon Musk is officially pulling out of his $44 billion bid to buy Twitter, according to a letter his lawyer sent to the Securities and Exchange Commission Friday. According to his letter, Musk is backing out because Twitter... Read More
WILMINGTON, Del. — A Florida pension fund filed a complaint in Delaware’s Chancery Court on Friday asking a judge to rule Twitter can’t close its deal with Elon Musk until, potentially, 2025. The complaint filed by the Orlando, Florida, Police... Read More
WILMINGTON, Del. — In a week in which his planned purchase of Twitter is dominating headlines, Elon Musk scored a victory of another sort on Wednesday, prevailing in a shareholder lawsuit over electric vehicle manufacturer Tesla’s purchase of SolarCity, a... Read More
WASHINGTON — Skepticism is in the air the day after Twitter announced Elon Musk would purchase the company and turn it private. “The scariest thing is we have an ultra-wealthy individual taking control of this without regulations in place,” said... Read More
Tesla CEO Elon Musk stands to be the next owner of Twitter, having pledged roughly $44 billion to buy the social platform and take it private. Assuming that happens, next up on his agenda will be planning how to fulfill his promises... Read More
WASHINGTON — After a weekend of intense negotiations, Elon Musk has clinched a deal to become the new owner of Twitter, after convincing the company’s board to accept his $44 billion takeover proposal. Under the terms of the deal, Twitter... Read More
CHEYENNE, Wyo. (AP) — From algae farming to producing a sort of artificial limestone, ideas for reducing greenhouse gas in the atmosphere are getting a funding boost from famed entrepreneur Elon Musk. The Tesla electric vehicle and SpaceX rocket company... Read More
WASHINGTON — Twitter’s board of directors implemented a poison pill to block the potential hostile takeover of the social media company. The board’s unanimous vote to deploy its so-called poison pill came the day after Elon Musk publicly made an... Read More
WASHINGTON — Elon Musk wants to buy Twitter for $43 billion, according to papers filed with the U.S. Securities and Exchange Commission. "Twitter has extraordinary potential. I will unlock it," Musk wrote in a letter to Twitter Chairman Bret Taylor.... Read More
WASHINGTON — Elon Musk is joining the board of directors for Twitter. The company announced Musk’s new role Tuesday in a filing with the Securities and Exchange Commission the day after Musk filed that he owns 9.2% of the company’s... Read More
LOS ANGELES — Winners have been announced in the $5 million carbon removal student competition award program launched by XPRIZE with support from the Musk Foundation, to fund early-stage concepts and remove barriers of entry for carbon emission removal innovations.... Read More
AUSTIN, Texas — Elon Musk, CEO and product architect of Tesla, Inc., announced Thursday during an annual meeting of stockholders that the company will move its headquarters from Palo Alto, California, to Austin, Texas. Musk is following through on his... Read More
In the runup to Tesla Inc.'s 2016 acquisition of a company called SolarCity, Elon Musk hailed the deal as a "no brainer" — a purchase that would combine the leading maker of electric vehicles with a manufacturer of solar panels... Read More
