Elon Musk says Twitter 'not on the fast lane to bankruptcy anymore'
Synopsis by Merkur.de Dec 25 22
Elon Musk's Tesla plant in Grünheide only opened in March. But already employees are running away from him. Chaos reigns.Read full article 
FAZ.NET: Musk and Twitter: Elon's freedom
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| Last Updated | Dec 25 22 |
| Total Articles | 4 |
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Elon Musk says Twitter 'not on the fast lane to bankruptcy anymore': The billionaire has not had an easy ride since taking control of the platform in ...
news.sky.com/story/elon-musk-says-twitter-not-on-the-fast-lane-to-bankruptcy-anymore-12774290
"Total chaos" at Tesla plant in Grünheide: no one wants to work for Elon Musk.: Elon Musk's Tesla plant in Grünheide only opened in March. But already employees ...
merkur.de/wirtschaft/gigafactory-gruenheide-elon-musk-arbeiten-jobs-kuendigung-e-auto-tesla-fabrik-zr-91967166.html
What Is Suicide Prevention Feature On Twitter And Why It Is In News?: After Twitter's Suicide Prevention Feature was allegedly removed, many people raised ...
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Elon Musk says Twitter 'not on the fast lane to bankruptcy anymore': The billionaire has not had an easy ride since taking control of the platform in ...
news.sky.com/story/elon-musk-says-twitter-not-on-the-fast-lane-to-bankruptcy-anymore-12774290
"Total chaos" at Tesla plant in Grünheide: no one wants to work for Elon Musk.: Elon Musk's Tesla plant in Grünheide only opened in March. But already employees ...
merkur.de/wirtschaft/gigafactory-gruenheide-elon-musk-arbeiten-jobs-kuendigung-e-auto-tesla-fabrik-zr-91967166.html
What Is Suicide Prevention Feature On Twitter And Why It Is In News?: After Twitter's Suicide Prevention Feature was allegedly removed, many people raised ...
india.com/science/suicide-prevention-feature-on-twitter-elon-musk-there-is-help-mental-health-covid19-5822701/
Elon Musk is feuding with Brazil’s powerful Supreme Court: The court has become the de facto regulator of social media in the country
economist.com/the-americas/2024/04/14/elon-musk-is-feuding-with-brazils-powerful-supreme-court
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Quick Glance: Elon Musk's Clash with Brazil's Supreme Court
- Serial entrepreneur Elon Musk has been publicly criticizing Alexandre de Moraes, one of Brazil's Supreme Court judges, for the past week.
- The dispute revolves around X, a social media company owned by Mr. Musk, which announced on April 6th that a Brazilian court had ordered it to block a set of 'popular' accounts or face hefty fines.
- Mr. Moraes then initiated an inquiry against Mr. Musk for obstruction of justice, leading Mr. Musk to claim that censorship in Brazil is worse than in any other country where the platform operates.
- The row highlights the power of Brazil's Supreme Court and the debate on regulating social media without harming freedom of speech, which is a crucial battleground in Brazil.
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Quick Glance: Tesla to Cut 14,000 Jobs, Elon Musk Aims for Lean Brand
- Tesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, in response to slowing demand and price pressure.
- Elon Musk announced the 'difficult decision' in a memo, mentioning that Tesla had experienced role and function duplications in certain areas due to rapid growth in recent years.
- The job cuts follow a difficult start to the year for the electric carmaker, citing production problems caused by unforeseen factors and a decline in global demand.
- Tesla recorded a gross profit margin of 17.6% in the fourth quarter, the lowest in over four years, attributed to repeated price cuts and increased competition in China.
Elon Musk and Javier Milei share their love of free markets in first meeting: Tesla boss shows Argentine president Texas factory where they talked about lithium ...
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Quick Glance: Elon Musk and Javier Milei Discuss Free Markets and Investment Opportunities
- Elon Musk and Argentine president Javier Milei met for the first time at Tesla's Texas factory.
- They discussed market liberation, eliminating bureaucratic obstacles, and investment opportunities.
- Milei unexpectedly won an election focused on spending cuts and inflation reduction.
- Both shared similar views on free markets and expressed support for Israel in conflicts.
Tesla: job cuts at e-car company - Welcome to reality, Elon Musk!: Tesla is facing a huge wave of redundancies. This is bad news for the employees ...
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Quick Glance: Tesla: Layoffs and Elon Musk's Reality Check
- Tesla is planning a major layoff to prepare for the future.
- Elon Musk's grasp on reality is questioned as Tesla performs mediocre in the automotive industry.
- Tesla experiences a decline in revenue margin compared to other automakers.
- The success of Tesla's future depends on the implementation of autonomous driving technology.
Elon Musk threatens to disobey court order over banned profiles: Brazil threatens to regulate social media owned by "billionaires domiciled abroad."
ft.com/content/26e54895-a37d-4ab1-baad-701d5ddcf150
Quick Glance: Elon Musk and the Support of Far-Right in Brazil
- A court in Brazil is planning an investigation against X owner Elon Musk for alleged obstruction of justice, following Musk's reactivation of accounts belonging to far-right individuals that were flagged by the Brazilian government for removal.
- Under Musk's leadership, X has transformed into a sanctuary for the far right and dissemination of misinformation, resulting in an escalation of hate speech on the platform.
- Experts caution that Musk is establishing a dangerous precedent by protecting and promoting the far right on his platform, regardless of local regulations or public opinion.
- Despite Musk's claims of advocating for free speech, the implementation of these principles on the platform has been inconsistent under his direction, especially concerning government requests to deactivate accounts.
So much for free speech on X; Musk confirms new users must soon pay to post: The fee, likely $1, is aimed at stopping “relentless” bots, Musk said.
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Quick Glance: Musk Plans Fee for New X Users
- Elon Musk intends to charge new users of X in the initial months to curb the activity of automated bot accounts.
- The fee is set to be waived after three months to allow free posting.
- Tests in New Zealand and the Philippines raised skepticism about the effectiveness of the fee as a countermeasure against bots.
- Declining revenues at X post-rebranding and Twitter acquisition, along with a negative brand perception by companies, are impacting the service's business.
Why Tesla wants to give Elon Musk $55 billion pay package: Tesla says Elon Musk's pay package is a "matter of fundamental fairness and respect to our CEO."
businessinsider.com/why-tesla-wants-give-elon-musk-billion-pay-package-2024-4
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
Tesla just asked shareholders to approve Elon Musk's nixed $56 billion pay plan again
qz.com/tesla-elon-musk-investors-approve-compensation-pay-plan-1851415316
Quick Glance: Tesla Cybertruck: Pedal Safety Issues
- The Tesla Cybertruck has faced criticism for various issues, but now a serious safety concern with the accelerator pedal has led to the temporary halt of deliveries.
- A video and reports show that the pedal cover can come loose and jam, causing unintended acceleration even when the foot is not on the pedal.
- Deliveries have been halted, appointments rescheduled and canceled as Tesla investigates acceleration issues. A regulatory investigation looms over the company, potentially requiring a recall of all trucks.
- Some drivers have attempted to manually remove the pedal cover, indicating a potentially serious safety issue that cannot be resolved through software.
Tesla shares tumble below $150 per share, giving up all gains made over the past year
apnews.com/article/tesla-stock-elon-musk-electric-vehicles-a58609b126ba5f5b7655f6049ecb27f1
Quick Glance: Tesla Shares Plummet Below $150, Erasing Year's Gains
- Tesla's stock tumbled below $150 per share, erasing all gains made in the past year, reflecting falling sales and deep discounts to attract buyers.
- Shares of Tesla have fallen by 12.4% this week and over 39% this year, accompanied by a global staff reduction of 10% amounting to around 14,000 jobs.
- Tesla's stock hit an all-time high in November 2021 but sales plummeted last quarter due to increased competition and failed price cuts to bolster demand.
- Anticipated lower first-quarter earnings for Tesla raise concerns about potential catalysts to reverse the stock decline amidst uncertainties surrounding the release of a new affordable electric vehicle and strategic shifts within the company.
Tesla seeks to award Elon Musk $56bn pay package: The deal, if approved by shareholders and judges, would be the largest in corporate America.
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Walmart Is Poised to Overtake Tesla in Market Value. How the Retailer Got Here.: It’s a tale of contrasting fortunes: Walmart stock has steadily risen as some of ...
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Mark Zuckerberg has passed Elon Musk as the world's third-richest person as Tesla stock hits new lows
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Tesla's Layoffs Won't Solve Its Growing Pains: The car company popularized EVs. Now, facing intense competition from China, it has to figure out what to do next.
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Elon Musk’s Lifts Restrictions on X Accounts in Brazil in Challenge to Court: Billionaire Elon Musk said he will lift restrictions imposed on some X accounts in ...
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Paid articlePaidQuick Glance: Elon Musk Lifts Restrictions on X Accounts in Brazil Amid Legal Dispute
- Billionaire Elon Musk announced plans to lift restrictions on some X accounts in Brazil, risking the potential closure of the social media platform in the country.
- The decision came after court rulings forced X to block specific popular accounts in Brazil without disclosing the reasons or legal violations.
- The legal battle unfolds as courts in Brazil escalate efforts to combat fake news and hate speech online.
- Musk has previously clashed with Brazilian authorities over content censorship on his platform, arguing that it goes against the law and the will of the Brazilian people.
Tesla Stock Is Rising as Selling Pressure Eases. Cathie Wood Is Buying.: Tesla stock has fallen 11% this month.
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Tesla whistleblower in legal battle over braking-safety concerns: A former Tesla engineer is in a decade-long battle with the car company, owned by Elon Musk.
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Elon Musk’s Grok keeps making up fake news based on X users’ jokes: X likely hopes to avoid liability with disclaimer that Grok "can make mistakes."
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Wall Street wants answers from Elon Musk on Tesla's Model 2 car: Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive ...
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Tesla tries legal 'Band-Aid' to revive Musk's huge pay deal: Tesla and Elon Musk are seizing upon an obscure provision in corporate law to attempt to restore ...
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Cathie Wood’s ARKK Hits Five-Month Low as Tesla (TSLA) Drops on Job Cuts: Shares in Cathie Wood’s flagship fund slid to a five-month low as Tesla Inc. ...
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Tesla lays off more than 10% of its workforce: Owner Elon Musk said it was a difficult decision to reduce Tesla's global headcount
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Elon Musk confirms he used a secret account on X : Elon Musk said he had used an alternate "test account" on X, with which he at times roleplayed as a toddler.
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Elon Musk predicts AI will overtake human intelligence next year: Tesla chief says infrastructure will need to keep up with technology’s demands as he seeks ...
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Quick Glance: Elon Musk Predicts AI Surpassing Human Intelligence Next Year
- Elon Musk predicts that artificial intelligence will surpass human intelligence by the end of next year, given the necessary infrastructure to meet technological demands.
- Musk anticipates that AI capabilities will likely exceed those of all humans in the next five years.
- A series of AI breakthroughs in the past 18 months have accelerated development faster than expected, with Musk being more optimistic than previous forecasts.
- Musk has intensified his efforts to enter the AI race by seeking funding for his own AI startup to compete with OpenAI, while also advocating for a pause in the development of advanced AI systems.
Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%: Two high-profile executives have departed Tesla the same day that the electric automaker ...
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India Elections: An Election Meme War Unfolds As Modi's BJP Outspends Opposition
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I relocated when Tesla asked. Then I was laid off.: A Tesla worker who was laid off says they tried to clock in and their phone said to contact IT.
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Tesla is planning to lay off 10% of its workers after dismal 1Q sales, multiple news outlets report
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Why Is Elon Musk Dragging His 3-Year-Old Around the World?: Elon Musk has taken to bringing his 3-year-old son X to events around the world ...
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Elon Musk apologizes for 'incorrectly low' Tesla severance: report: The Tesla CEO told workers in an email that the mistakes were "being corrected immediately."
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Elon Musk Says New X Users Will Soon Have to Pay to Post on the Platform: Elon Musk said X will soon start charging new users who want to post on the platform to ...
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Tesla layoffs hit high performers, some departments slashed, sources say: Tesla management told employees Monday that the recent layoffs — which gutted some ...
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India Elections 2024: Modi to Meet Elon Musk Amid World’s Biggest Election: Each day, Bloomberg journalists take you across a selection of towns and cities as ...
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Some Tesla Factory Workers Realized They Were Laid Off When Security Scanned Their Badges and Sent Them Back on Shuttles, Sources Say
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Tesla halves the price of its Full Self Driving (Supervised) subscription to $99 per month
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Job cuts at Tesla: Elon Musk would love to be a visionary: The Tesla boss wants to be special and save the world. But the current employee layoffs are neither ...
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Elon Musk Indicates That X Might Soon Start Charging New Users for Basic Actions Such as Liking, Bookmar…
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Tesla asks shareholders to reapprove huge Musk compensation package: The proposals come amid a difficult stretch for Tesla, whose shares have fallen 37 percent ...
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Bloomberg Evening Briefing: Tesla to Slash More Than 10% of Its Workforce: Get caught up.
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Elon Musk's Grok AI Pushes False News Stories About Indian Election, Iran Strike: X users were surprised to see that Prime Minister Modi was 'ousted' in a ...
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Elon Wants His Money Back: Tesla to Texas, banker breakup fees, Destiny Tech100 and WhatsApp at the SEC.
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Are front license plates required for all vehicles in Sacramento? Your question answered
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A 605 MW PV plant in Germany is now Europe’s largest solar farm: A 605-MW project in Germany has claimed the title of Europe's largest solar farm ...
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Kevin Durand Wants In On A24's Elon Musk Biopic: The Abigail actor revealed he often gets mistaken for the tech mogul behind X and Tesla.
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Thinking of Getting a Tesla? Consider One of These Other EVs Before You Buy: The Tesla brand is a favorite among EV shoppers, but other automakers have excellent ...
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Tesla is reportedly laying off more than 10 percent of its workforce: According to an internal memo seen by Reuters, Tesla is about to lay off more than 10 ...
engt.co/3PYupyI
Tesla’s One Big Problem, and How to Solve It: Tesla is finding it a lot harder to sell its cars these days. If CEO Elon Musk doesn’t take the problem seriously ...
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Tesla Stock Breached Support. This Is Where It’s Headed.: Tesla stock closed below technical support levels at about $164 a share on Monday ...
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Paid articlePaid Elon Musk says Tesla needs a 'complete organizational overhaul' : "That said, our executive tenure is unusually high at well over 10 years at Tesla ...
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Tesla 'Layoffs' Spell Bad News for Elon Musk: Elon Musk has seen his personal fortune slashed by tens of billions of dollars so far this year.
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Quick Glance: Tesla Layoffs Impact Elon Musk's Fortune
- Elon Musk has seen his personal fortune plummet by billions of dollars this year.
- Tesla announced global workforce reductions of 'more than 10%' in an internal email sent by CEO Elon Musk to staff.
- The reported layoffs come at a challenging time for Musk and Tesla, with quarterly results showing an 8.5% decline in product deliveries compared to the previous year.
- Tesla shares have dropped over 30% this year, causing Musk to fall to third place on the Bloomberg Billionaires Index.
Elon Musk wanted this deposition kept secret. Here are the best moments: Highlights from the Tesla CEO and X owner's newly released deposition transcript
qz.com/elon-musk-deposition-highlights-1851399387
Quick Glance: Spiro Faces Sanctions Bid in Texas Defamation Fight
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- Spiro's behavior during a hearing was described as highly unprofessional, prompting demands for legal fees and sanctions.
Tesla discloses it spent $200,000 advertising on X: Here’s one advertiser that social media platform X doesn’t have to worry about losing because it’s turned off ...
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Elon Musk's Worst Predictions and Broken Promises of the Past 15 Years: "I feel very confident predicting autonomous robotaxis for Tesla next year ...
gizmodo.com/elon-musks-worst-predictions-and-broken-promises-1851398745
Temporary workers initially affected: Tesla separates from 300 employees in Germany
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Musk needs to explain Tesla layoffs amid 'horror show': Dan Ives: Tesla's layoffs are adding to the "horror show" investors have been dealing with in recent ...
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Some Tesla workers get badge scan, realize layoff: Tesla told staff it doing layoffs on Sunday night, but some workers realized they were out of a job when ...
businessinsider.com/tesla-factory-workers-discover-laid-off-security-badge-scans-sources-2024-4
Tesla halts Cybertruck deliveries due to 'unexpected delay': Tesla has halted Cybertruck deliveries, telling owners that there has been an "unexpected delay ...
engt.co/4cZVfjU
Tesla worker laid off weeks after joining says he can't pay rent: A man told KVUE that he was hired to work at Tesla's Texas plant a few weeks ago ...
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As EVs surge, warning signs grow for Tesla | Analysis: The world’s largest electric carmaker on Monday told employees it would lay off more than 10% of its ...
nytimes.com/2024/04/16/climate/has-tesla-peaked.html
Elon Musk's biggest fans are downplaying the news of Tesla's largest layoff : Despite the EV juggernaut letting go of "more than 10%" of its workforce ...
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Tesla ditches EV inventory discounts to ‘streamline’ sales and delivery: Tesla has ended discounts on inventory across its electric vehicle lineup — even as ...
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Gina Carano “Grotesquely Trivialized The Holocaust,” Disney Says; Wants Elon Musk-Backed Suit On ‘Mandalorian’ Firing Tossed
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Elon Musk apologizes to laid-off Tesla employees for severance error: In a brief email, the CEO assured the company was working to remedy the mistake.
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Ford offers Tesla drivers $1,500 discount to switch: Ford is taking aim at Tesla. The automaker launched an initiative to give Tesla owners a special discount on ...
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GMC's new electric pickup range will beat the Cybertruck by 100 miles: GMC increased the range for its new Sierra Denali to 440 miles, making it among the ...
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Elon Musk raises alarm on Greece’s ‘population collapse’: Billionaire Elon Musk addressed Greece’s low birth rate in a post on Platform X on Monday.
ekathimerini.com/news/1236553/elon-musk-raises-alarm-on-greeces-population-collapse/
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