EU and US turn up the heat on Elon Musk over Twitter
Synopsis by Reuters Nov 30 22
The European Union has threatened Elon Musk's Twitter with a ban unless the billionaire abides by its strict rules on content moderation ...Read full article 
Reuters: EU warns Musk that Twitter faces ban over content moderation -FT
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| Last Updated | Dec 01 22 |
| Total Articles | 7 |
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EU Threatens Twitter Ban Unless Musk Ramps Up Moderation Tactics, Report Says: Musk's moves to allow hate speech and misinformation on Twitter appear to violate ...
forbes.com/sites/nicholasreimann/2022/11/30/eu-threatens-twitter-ban-unless-musk-ramps-up-moderation-tactics-report-says/
EU and US turn up the heat on Elon Musk over Twitter: EU commissioner warns billionaire he must adhere to the rules as Janet Yellen indicates Washington could ...
ft.com/content/a07ca1ae-9f9a-46ee-9457-27bb30e18ed2
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EU Threatens Twitter Ban Unless Musk Ramps Up Moderation Tactics, Report Says: Musk's moves to allow hate speech and misinformation on Twitter appear to violate ...
forbes.com/sites/nicholasreimann/2022/11/30/eu-threatens-twitter-ban-unless-musk-ramps-up-moderation-tactics-report-says/
EU and US turn up the heat on Elon Musk over Twitter: EU commissioner warns billionaire he must adhere to the rules as Janet Yellen indicates Washington could ...
ft.com/content/a07ca1ae-9f9a-46ee-9457-27bb30e18ed2
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Australian PM calls Elon Musk an 'arrogant billionaire' in row over attack footage
bbc.com/news/world-australia-68878967
Broadcaster Niall Boylan to contest Dublin seat in EU elections: It is not yet clear whether Boylan will continue his radio presenting duties now that he has ...
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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
Paid articlePaidQuick 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.
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China’s Putin Ties Risk Relations With EU, Top Diplomat Says: China needs to take a stand over Russia’s invasion of Ukraine and rein in its enormous trade ...
bloomberg.com/news/articles/2024-04-23/china-s-putin-ties-risk-relations-with-eu-top-diplomat-says
Tesla cuts prices around the world as sales decline in a chaotic week: Global vehicle deliveries fall for first time in four years amid growing competition ...
theguardian.com/technology/2024/apr/21/tesla-sales-price-cuts-elon-musk
Quick Glance: Tesla cuts prices in US, China and Germany as competition intensifies
- Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the world’s largest maker of electric vehicles (EV) faces declining sales and growing competition in major markets.
- The prices of four models were slashed in China by 14,000 yuan ($1,932), while in Germany, the price of the Model 3 rear-wheel drive was lowered by 2,000 euros ($2,132). Earlier cuts were made in the US, with prices of three models reduced, while prices for the Model 3 and Cybertruck remained unchanged.
- The price cuts come during a tough time for Tesla, with a significant stock plunge and a drop in quarterly deliveries. Elon Musk postponed his planned India trip due to company obligations. In China, Tesla's price cuts escalate an existing price war in a highly competitive sector influenced by other manufacturers like BYD offering more affordable options.
- The price wars in China began in 2022 and continue with over 30 car makers announcing further price reductions, impacting the entire auto industry's profit margins. Competitors like BYD and XPeng are also offering subsidies and lowering prices to attract buyers in the EV market, posing challenges to Tesla's market dominance.
Tesla (TSLA) Cybertruck Recall Is Latest Setback to Stock’s Rough 2024: The stock is sliding, a cheaper electric car is deprioritized and the CEO is riling the ...
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Paid articlePaidQuick Glance: Tesla Cybertruck Recall and Stock Decline 2024
- Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.
- Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.
- Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.
- Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
Australia PM calls Musk 'arrogant billionaire' after court orders X to hide church stabbing posts
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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
Elon Musk and Tesla: Is the CEO’s controversial behavior responsible for company’s struggles?
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Quick Glance: Elon Musk and Tesla: Influence of CEO's divisive behavior on company's challenges
- The wealthiest individual globally freely voices his opinions, often sparking debate.
- Elon Musk, Tesla's CEO, has attacked U.S. election integrity, embraced White-supremacist propaganda, and accused President Joe Biden of treason.
- Experts suggest that Musk's conduct may deter potential customers, but larger issues impact his company. With growing competition in the electric vehicle market, his polarizing personality could lead to more significant long-term damage.
- While Musk may be damaging Tesla’s image with some consumers, the primary focus remains on the product and its dependability. Many consumers do not base their purchasing decisions on the political views of the company's leader.
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
entrepreneur.com/business-news/tesla-to-shareholders-approve-ceo-musks-record-high-pay/472850
Oxford shuts down institute run by Elon Musk-backed philosopher: Nick Bostrom’s Future of Humanity Institute closed this week in what Swedish-born philosopher ...
theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes
Tesla Recalls All Cybertrucks Over Accelerator Pedal Defect: Elon Musk's new favorite toy is going as well as everything else he's touched lately.
gizmodo.com/tesla-recalls-all-cybertrucks-over-accelerator-pedal-de-1851421654
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Musk decries Australian court 'censorship' of X terror posts: Elon Musk lashed out at Australia's prime minister on Tuesday after a court ordered his social ...
reuters.com/world/asia-pacific/australia-pm-calls-musk-arrogant-billionaire-after-court-orders-x-hide-church-2024-04-23/
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 ...
ft.com/content/604e66e3-597c-49e8-bac5-5d51a7a35abd
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 Cuts Prices by $2,000 as Sales Slow, Inventories Swell: Tesla Inc. cut prices of its best-selling Model Y, as well as the Model S and X, by $2 ...
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Elon Musk wanted to lay off 20% of Tesla's workforce, report says: The layoffs may have also affected more people than previously believed — more than 20,000
qz.com/tesla-layoffs-elon-musk-slow-sales-growth-q1-earnings-1851426414
UK rejects youth mobility deal with EU: 'We are not introducing an EU-wide youth mobility scheme − free movement within the EU was ended and there are no plans ...
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Quick Glance: UK rejects mobility agreement with Europe for young people
- The government has ruled out any post-Brexit deal that would make it easier for young Britons to live, study, and work in the EU.
- Labour also rejected the possibility of an EU-wide scheme and prefers to improve the UK's working relationship with the EU within their red lines.
- A campaign group urged MPs to listen to British young people who deserve the opportunities presented by the plan.
- The EU suggested that Britain had expressed interest in youth mobility deals with individual member states but favored an EU-wide approach to ensure equal treatment for all members.
Tesla asks shareholders to help Elon Musk get paid $56 billion: Tesla's stock has slumped in 2024 amid concerns about middling demand for EVs
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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.
Elon Musk cancels trip to India over 'heavy Tesla obligations': Elon Musk shared the announcement in an X post on Saturday, just three days before Tesla's Q1 ...
businessinsider.com/elon-musk-cancels-trip-to-india-tesla-layoffs-struggles-2024-4
Quick Glance: Elon Musk postpones India trip due to Tesla issues
- Elon Musk has delayed his planned trip to India due to Tesla facing challenges.
- The Tesla CEO was set to travel to India next week to meet with Prime Minister Narendra Modi.
- While not revealing many specifics about the trip, Musk reportedly intends to announce an investment of $2 to $3 billion in India. He aims to establish a new factory in India, where the electric vehicle market is small but growing.
- Musk's decision to delay the trip coincides with Tesla's earnings release on April 23, where Musk and investors will address the company's tumultuous start to 2024.
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.
The Most Embarrassing Blunders From Elon Musk’s Attempt at AI-Generated News: Elon Musk's AI chatbot Grok often takes jokes and displays them as real news ...
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How Tesla’s Elon Musk Could Have an ‘I Told You So’ Moment: Tesla is having a bad year, but here are reasons why it may rebound.
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TikTok Lite: EU may suspend money-for-views feature: The feature, which pays users to go on TikTok, could be temporarily suspended as early as Thursday.
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Elon Musk apologizes to laid off Tesla employees for a major mistake: Musk has just informed his Tesla employees of an issue that was brought to his attention.
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AfD | Petr Bystron: Videos and audio recordings incriminate the politician: The AfD politician Petr Bystron is suspected of having accepted money from sources ...
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Quick Glance: Suspicion of Russian Money Payments: Incriminating Video Recordings of AfD Politician Bystron
- Czech authorities possess incriminating video recordings of AfD politician Petr Bystron receiving packages.
- Bystron is suspected of receiving money from pro-Moscow channels, supported by audio and video evidence.
- The influence operation of »Voice of Europe« led to money flowing to Kremlin-friendly politicians in the EU.
- Bystron is accused of accepting money, prompting preliminary investigations for alleged bribery.
Australia secures takedown order for terror videos, which Elon Musk wants to fight
theregister.com/2024/04/23/australia_x_terror_video_takedown/
Elon Musk says he 'would know' if there are aliens out there: Musk's rocket company, SpaceX operates a satellite internet system called Starlink ...
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Quick Glance: Elon Musk Casts Doubt on Alien Existence
- Elon Musk expressed his skepticism about the existence of aliens, emphasizing that he had not seen any evidence.
- The billionaire responded to a recent interview where Tucker Carlson shared his views on aliens.
- Musk has previously publicly pondered the topic of aliens and highlighted the importance of space exploration.
- His involvement in SpaceX and the Starlink project has positioned Musk as a significant player in the aerospace industry.
Elon Musk accuses Australia of censorship over Sydney church stabbing video: Tech billionaire Elon Musk has accused Australia of censorship after an Australian ...
apnews.com/article/australia-elon-musk-church-stabbing-bishop-sydney-c8df3c8e905bdfe6b672faaa2ecc54f3
Controversial activities in the West Bank: EU apparently imposes sanctions against Israeli settlers for the first time
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Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
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Slovaks crowd-fund ammo for Ukraine: “We will help Ukraine despite our pro-Russian government,” says Slovak campaign.
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Iran's foreign minister calls EU sanctions 'regrettable': European Union sanctions announced following Iran's attack against Israel are "regrettable" because the ...
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Quality problems and sales decline: The disenchantment of Elon Musk and Tesla: Elon Musk is currently toppling his own monument. He is cutting at least 14 ...
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Official: EU users can swerve App Store and download iOS apps from the web: Anticompetitive remedies? We've heard of them
theregister.com/2024/04/17/apple_eu_ios_web_downloads/
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Five Things You Need to Know to Start Your Day: Asia: Musk postpones his trip to India. The Fed explores a new way of economic forecasting ...
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Tesla just asked shareholders to approve Elon Musk's nixed $56 billion pay plan again
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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.
Europe warming twice as fast as other continents, report says : Two top climate monitoring organizations are reporting that Europe is the fastest-warming ...
apnews.com/article/copernicus-heat-climate-europe-world-meteorological-organization-d08b3bd028bc461f281f39828bd73056
Quick Glance: Europe Leads in Climate Change, Urgent Need for Renewable Energy
- Europe is the fastest-warming continent, with temperatures rising about twice as fast as the global average, according to a joint report by top climate monitoring organizations.
- The continent generated 43% of its electricity from renewables last year, surpassing fossil fuels for the second consecutive year, highlighting the need for targeted strategies to transition to renewable resources.
- Temperatures in Europe are now 2.3 degrees Celsius above pre-industrial levels, nearing the goals of the Paris climate accord to limit global warming to 1.5 degrees Celsius, impacting human health with increased deaths related to extreme climate events.
- The report emphasizes the urgent need for action as heatwaves, wildfires, and other extreme weather events have led to significant economic losses and human casualties across the continent.
EU tells Meta it can't paywall privacy: Platforms should not confront users with 'binary choice' over personal data use
theregister.com/2024/04/18/eu_meta_subscription_privacy/
Quick Glance: EU instructs Meta against paywalling privacy
- The European Data Protection Board (EDPB) has clarified that large online platforms should not offer users a choice between paying for a service and consenting to the use of their personal data for targeted advertising.
- In an EDPB opinion published yesterday, the discussion revolves around the validity of processing personal data for behavioral advertising in the context of 'consent or pay' models introduced by Meta.
- According to the EDPB, it is generally not compliant with legal requirements for valid consent when users are only given the option to consent to the processing of personal data for advertising purposes or pay a fee.
- Meta is expected to maintain collaboration with the Irish Data Protection Commission, the primary regulatory authority in the EU. The opinion is projected to have no impact on Meta's services.
Elon Musk – arrogant billionaire or free speech warrior?: Either way it stinks
theguardian.com/commentisfree/picture/2024/apr/23/elon-musk-arrogant-billionaire-or-free-speech-warrior
Conservative Brazilians praise Elon Musk at rally in support of Bolsonaro: Conservative Brazilians heaped praise on Elon Musk at a rally in the capital of Rio de ...
apnews.com/article/brazil-bolsonaro-musk-rally-e9de9f76f5510a46e7d507f99a6c7a16
Quick Glance: Bolsonaro Mobilizes Supporters in Rio
- Former Brazilian President Jair Bolsonaro rallied thousands of supporters in Rio de Janeiro on Sunday to boost his political capital after losing a reelection bid in October 2022 and facing allegations of involvement in a coup.
- Bolsonaro, under investigation for undermining faith in Brazil's voting system, took the opportunity to praise Elon Musk and urged the crowd to applaud the billionaire.
- Brazil's federal police formally accused Bolsonaro of sowing doubts about his vaccination records during the COVID-19 pandemic, leading to potential criminal charges.
- Bolsonaro emphasized that his government never operated outside the bounds of the constitution and addressed accusations of involvement in manipulating decrees to overturn the 2022 election results.
EU to Take Up Ukraine Support Baton After Major US Boost : Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the ...
bloomberg.com/news/newsletters/2024-04-22/eu-to-take-up-ukraine-support-baton-after-major-us-boost
The EU opens an investigation into TikTok Lite, citing addiction concerns: The EU has opened a second investigation into TikTok, regarding the addictive nature ...
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Elon Musk wanted to cut Tesla headcount by 20%, Bloomberg source says: Musk told Tesla staff in a memo that the company's "rapid growth" had resulted in ...
businessinsider.com/elon-musk-cut-tesla-headcount-20-percent-bloomberg-2024-4
Javier Milei and Elon Musk are giga happy. Does anyone care?: On April 12, the Argentine president and Tesla CEO visited the company's gigafactory in Austin ...
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Quick Glance: Javier Milei and Elon Musk: Business, Fashion, and Thumbs-Up Gesture
- The Argentine president and Tesla CEO visited the company's gigafactory in Austin, Texas, to freely discuss business on April 12.
- Milei and Musk met in Texas, visited Tesla Giga Texas factory, and had extensive conversations about the importance of free markets and defending freedom ideas.
- Musk recently lost 15 kilograms and shared insights into his diet, including deprivation, intermittent fasting, and Ozempic, an anti-diabetic medication.
- Both dressed in unique outfits, featuring cargo pants, skinny jeans, and cowboy accessories, expressing their enthusiasm with thumbs-up gestures.
Is Elon Musk Forcing Everyone To View Tesla As An AI Company?: Tesla stock is hitting fresh 52-week lows ahead of Q1 earnings Tuesday as Elon Musk keeps hinting ...
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Quick Glance: Tesla Stocks Plummet Before Earnings Announcement
- The Tesla stock dropped by 3.4% on Monday, closing at $142.05, marking a 43% decline for the year, the second worst among S&P 500 members.
- Tesla cut prices in the USA, China, and across Europe, offering reductions of up to $2,000 on their popular Model Y SUV and entry-level Model 3 sedan.
- These reductions compound investors' growing concerns following weak first-quarter deliveries, layoffs, and a Cybertruck recall.
- Analysts are anticipating a 5.1% revenue decrease for Tesla in the first quarter, potentially marking the first year-over-year decline since Q2 2020 due to Covid disruptions.
Musk v Albanese: How Sydney stabbing sparked a censorship debate: Prime Minister Anthony Albanese has accused Elon Musk of choosing “ego and showing violence” ...
theage.com.au/politics/federal/musk-vs-albanese-how-sydney-stabbing-sparked-a-censorship-debate-20240423-p5flvi.html
EU climate report 2023: More heat waves, more heat deaths: According to the EU climate report, 2023 was the hottest year since records began ...
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Musk Postpones India Visit, Citing Heavy Tesla Obligations: Elon Musk postponed a visit to India which would have included a meeting with Prime Minister Narendra ...
bloomberg.com/news/articles/2024-04-20/elon-musk-postpones-india-visit-to-later-in-the-year
Paid articlePaid Hungary to Slow Rate Reductions to Anchor Forint: Decision Guide: Hungary is poised to further slow the pace of cuts to the European Union’s highest key interest ...
bloomberg.com/news/articles/2024-04-23/hungary-to-slow-rate-reductions-to-anchor-forint-decision-guide
Paid articlePaid Elon Musk postpones India trip, citing ‘heavy obligations’ at Tesla: CEO was due to meet Narendra Modi but carmaker is likely to report worst performance in ...
theguardian.com/technology/2024/apr/22/elon-musk-postpones-india-trip-tesla-results-narendra-modi
Quick Glance: Elon Musk Postpones India Trip, Sources Say
- Tesla's CEO Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, according to three people familiar with the matter.
- Musk was expected to announce an investment of $2 billion to $3 billion, mainly to build a factory in India, following the government's policy of lowering high tariffs on imported cars if companies invest locally.
- His planned Sunday arrival was set to follow two days after the start of India's national elections, where Modi is projected to secure a rare third term.
- Reasons for the trip postponement were not immediately disclosed, and neither Tesla nor Modi's office responded promptly to requests for comments.
EU ministers to discuss air defence for Ukraine, Iran sanctions: European Union foreign ministers meet in Luxembourg on Monday to discuss bolstering Ukraine’s ...
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How far will the Kremlin boss go? Navalnaya believes Putin is capable of anything
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Quick Glance: The Unpredictability of Putin: Nawalnaja Warns of Nuclear Weapons
- Julia Nawalnja, the widow of Russian opposition leader Navalny, considers Russia's leader Putin unpredictable and warns that he may resort to using nuclear weapons.
- She compares Putin's actions to the attack on Ukraine, emphasizing the unpredictability of his decisions.
- Nawalnaja views the arrest of suspected Russian spies as evidence that Putin is using all means to pursue his agenda in Europe.
- She criticizes Europe for not addressing the dangers posed by Russia earlier, which could have prevented conflicts and murders.
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
entrepreneur.com/business-news/tesla-to-shareholders-approve-ceo-musks-record-high-pay/472850
EU Sanctions Several Israeli Settlers Over Violence in West Bank: The European Union formally approved sanctions Friday on violent Israeli settlers ...
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Climate change in Europe: 2023 was a year of extremes - Conditions for green electricity are good
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Top EU diplomat urges members to send Patriot systems to Ukraine ｜ DPA: EU foreign policy chief Josep Borrell urged member states on Monday to send the Patriot ...
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EU's 2050 net zero goals at risk as EV rollout faces setbacks: The EU needs to rethink its policies to make a 2035 ban on new petrol car sales feasible as ...
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UK Rejects EU Youth Mobility Scheme to Ease Travel for Young Adults: The UK government rejected the European Union’s proposal to negotiate a post-Brexit deal for ...
bloomberg.com/news/articles/2024-04-19/uk-rejects-eu-proposal-to-ease-travel-for-young-adults
Paid articlePaid 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.
Elon Musk's X to challenge Australian content takedown orders in court: PLUS: Samsung in 'emergency mode'; Tim Cook's Asian charm tour; APAC AI spend ...
theregister.com/2024/04/22/asia_tech_news_roundup/
TikTok questioned by EU over Lite app that ‘pays’ users for watching videos: European Commission has concerns about app’s impact on children, as well as ...
theguardian.com/technology/2024/apr/17/tiktok-questioned-lite-app-eu-children-addiction
Quick Glance: EU Threatens to Suspend TikTok Lite App Features
- The European Commission has expressed concerns over the 'risks of serious damage for the mental health of users', including minors, regarding the TikTok Lite app.
- TikTok Lite allows users in France and Spain to earn points that can be exchanged for vouchers or gift cards by watching and liking videos.
- The commission is threatening to take interim measures, including suspending the rewards program in the European Union, if TikTok fails to provide a risk assessment.
- The EU has already fined TikTok under the Digital Services Act and could impose further sanctions if the company does not respond to requests or prove safety measures.
Elon Musk hits back at Australian court order against X images of stabbing: The Tesla billionaire uses posts on his social media platform to attack Anthony ...
theguardian.com/technology/2024/apr/22/elon-musk-hits-back-at-australian-court-order-against-x-images-of-stabbing
German conservatives push for national ban on Russian agricultural imports: In today’s edition of the Capitals, find out more about the German conservatives ...
euractiv.com/section/politics/news/german-conservatives-push-for-national-ban-on-russian-agricultural-imports-2/
Tesla seeks to award Elon Musk $56bn pay package: The deal, if approved by shareholders and judges, would be the largest in corporate America.
bbc.com/news/articles/cqqndqndpq5o
Musk’s India Trip to See Breakthroughs for Starlink, Tesla: Days after Tesla Inc.’s largest-ever round of layoffs and hours before its quarterly earnings ...
bloomberg.com/news/articles/2024-04-20/musk-s-india-trip-to-see-breakthroughs-for-starlink-tesla
Tesla is recalling thousands of Cybertrucks to fix faulty accelerators: It's just the latest issue plaguing the Cybertruck, which hit the market last November
qz.com/tesla-cybertruck-ev-recall-elon-musk-q1-1851421496
Mark Zuckerberg has passed Elon Musk as the world's third-richest person as Tesla stock hits new lows
qz.com/tesla-musk-meta-facebook-zuckerberg-wealth-stock-1851419657
Tesla's short-lived marketing team laid off: Tesla scraps its marketing team just months after it began, continuing the company's workforce reduction.
businessinsider.com/tesla-new-marketing-team-advertising-cut-layoffs-2024-4
‘Arrogant Billionaire’: Elon Musk Feuds With Australian PM Over Content Takedown Orders
time.com/6969931/elon-musk-x-australia-albanese-stabbing-censorship/
Ukraine to EU: Don’t let US aid package make you complacent: Washington’s support for Ukraine should not dispel a sense of urgency among EU countries ...
politico.eu/article/ukraine-aid-package-us-to-eu-dont-get-complacent-because-of-us-aid-package/
EU imposes sanctions on Israeli settlers and youth groups: The EU has repeatedly condemned settler attacks in the West Bank - Now it is sending a clear signal: ...
tagesschau.de/ausland/europa/eu-sanktionen-siedler-westjordanland-100.html
Exclusive: Injury rates for Musk's SpaceX exceed industry average for second year
reuters.com/technology/injury-rates-musks-spacex-exceed-industry-average-second-year-2024-04-22/
EU to tighten Iran sanctions after Israel attack: The expanded penalties target companies involved in the production of drones and missiles.
bbc.com/news/world-europe-68842436
Hot Seat: The Bloomberg Close, Americas Edition: Good afternoon. Here's what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-22/hot-seat-the-bloomberg-close-americas-edition
EU Leaders to Urge ‘Paradigm Shift’ to Reverse European Decline: The European Union’s waning clout versus major geopolitical rivals is sounding alarm bells in ...
bloomberg.com/news/articles/2024-04-17/eu-leaders-to-urge-paradigm-shift-to-reverse-european-decline
Elon Musk is a pigeon CEO, ‘he comes, sh*ts all over us, and goes’, says former Tesla manager
electrek.co/2024/04/22/elon-musk-pigeon-ceo-former-tesla-manager/
The Memo: Workweek whiplash: Plus: Elon Musk’s leaked memo to staff.
qz.com/emails/quartz-at-work/1851425283/the-memo-workweek-whiplash
Tesla's Musk postpones India trip, aims to visit later this year : Musk was also expected to disclose details of the automobile major's plans for the ...
gulfnews.com/business/retail/teslas-musk-postpones-india-trip-aims-to-visit-later-this-year-1.1713590737569
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