Page 30 - Latest Updates on Elon Musk
Top Twitter execs to take home $88 mn, Parag Agrawal richer by $38.7 mn
Twitter's top executives stand to make a total of $88 million between them -- Parag Agrawal alone will get $38.7 million -- after being ousted by Elon Musk
 "Top Twitter execs to take home $88 mn, Parag Agrawal richer by $38.7 mn")
Expect Twitter to comply with local rules, says govt after Musk takeover
Elon Musk's takeover of Twitter will not change India's expectation that it will comply with the country's rules for such companies, a government minister told Reuters
 "Expect Twitter to comply with local rules, says govt after Musk takeover")
For Musk, overspending on Twitter deal was easy; now comes the hard part
Tesla Inc Chief Executive Elon Musk must prove why he believes that Twitter is worth 10 times that amount and turn around a social media platform that he has spent months ridiculing
 "For Musk, overspending on Twitter deal was easy; now comes the hard part")
Tesla engineers visit Twitter office to meet product leads, review code
Elon Musk asked engineers from Tesla Inc., the electric-car maker he runs, to meet with product leaders at Twitter Inc., moving swiftly to make a mark on the company
 "Tesla engineers visit Twitter office to meet product leads, review code")
Top Headlines: Musk takes over Twitter, IDBI Bank's stake sale, and more
Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him
 "Top Headlines: Musk takes over Twitter, IDBI Bank's stake sale, and more")
Musk takes control of Twitter, fires top execs, including Parag Agrawal
Elon Musk took control of Twitter on late Thursday (local time) and fired its top executives, including CEO Parag Agrawal
 "Musk takes control of Twitter, fires top execs, including Parag Agrawal")
Twitter CEO among top executives departing as Elon Musk takes over
Twitter Inc CEO Parag Agrawal is among executives planning to depart as Elon Musk completes his $44 billion deal to take over the social network
 "Twitter CEO among top executives departing as Elon Musk takes over")
Don't seek 'free-for-all hellscape' for Twitter, says Elon Musk
The message to advertisers posted on Thursday on Twitter came a day before Musk's deadline for closing his $44-billion deal to buy the social-media company and take it private.
 "Don't seek 'free-for-all hellscape' for Twitter, says Elon Musk")
Elon Musk wants Twitter to be 'most respected advertising platform'
Musk, Twitter co-founder Jack Dorsey and investors in the deal had previously suggested moving away from advertising and seeking revenue
Elon Musk walks into Twitter office with kitchen sink in his hands
Tesla CEO Elon Musk visited the Twitter headquarters with a sink in his hand, ahead of the micro-blogging platform's takeover deal
 "Elon Musk walks into Twitter office with kitchen sink in his hands")
Elon Musk says won't fire 75% of Twitter staff as he finalises deal
Tesla CEO Elon Musk has told Twitter employees that he is not going to lay off 75 per cent of the workforce when he takes over the micro-blogging platform.
 "Elon Musk says won't fire 75% of Twitter staff as he finalises deal")
In call with bankers, Musk pledges to close Twitter deal by Friday
Elon Musk pledged to close the acquisition of Twitter Inc. by Friday in a video conference call with bankers helping fund the deal
 "In call with bankers, Musk pledges to close Twitter deal by Friday")
Twitter employees warn Elon Musk amid news of mass layoff: Report
After reports emerged that Elon Musk is planning "to cut 75 per cent of Twitter staff", employees at the microblogging platform warned the tech billionaire that mass layoffs would be "reckless"
Banks to hold all $13-billion debt backing Twitter deal, says report
Musk agreed to pay $44 billion for Twitter in April before the Federal Reserve started raising interest rates to fight inflation
 "Banks to hold all $13-billion debt backing Twitter deal, says report")
Elon Musk plans to cut 75% of Twitter workforce after acquisition: Report
Elon Musk plans to lay off most of Twitter's workforce if and when he becomes owner of the social media company, according to a report on Thursday by The Washington Post
 "Elon Musk plans to cut 75% of Twitter workforce after acquisition: Report")
Recession could last until 2024, says Musk after remark on China, Europe
Tesla CEO said he thinks a recession will last until the spring of 2024, after earlier saying "a recession of sorts" in China and Europe was weighing on demand for its electric cars
Twitter says no plans of company-wide layoffs after Musk's acquisition
Twitter Inc clarified to staff that there are no plans for company-wide layoffs since it signed a deal to be acquired by billionaire Elon Musk
Musk plans to cut Twitter workforce by 75% in a matter of months: Report
Elon Musk's plans for Twitter Inc. involve slashing its staff by nearly 75% in a matter of months, according to documents obtained by the Washington Post
 "Musk plans to cut Twitter workforce by 75% in a matter of months: Report")
Elon Musk says Tesla will be bigger than Apple. Analysts say not so fast
The electric-vehicle maker reported lackluster third-quarter results on Wednesday, with revenue and margins missing estimates even as profit beat.
 "Elon Musk says Tesla will be bigger than Apple. Analysts say not so fast")
Tesla aims to produce 50,000 Semi electric trucks in 2024: Elon Musk
Elon Musk-owned electric vehicle company Tesla is aiming to produce 50,000 Tesla Semi units per year in 2024
 "Tesla aims to produce 50,000 Semi electric trucks in 2024: Elon Musk")
