The electric vehicle maker’s market valuation has shrunk to roughly $345-billion, below that of Walmart and Nvidia.
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Elon Musk said he will step down as CEO of Twitter once he finds a replacement, but will still run some key divisions.
Musk said on Sunday he would abide by the results of the poll, but did not give details on when he would step down if results said he should.
Elon Musk’s prediction that Tesla would have an “epic” end of year looks more off base by the day.
Apple has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car’s target launch date by about a year.
I’m fed up of reading about Elon Musk and Twitter. And yet I also confess to a voyeuristic reflex.
Elon Musk’s losses for 2022 topped $100-billion as shares of Tesla dropped to the lowest level in two years.
“Musk has managed to do what the bears have unsuccessfully tried for years – crush Tesla’s stock,” Wedbush analyst Daniel Ives said.
“I have too much work on my plate,” Elon Musk said by video link to a business conference on the sidelines of the G20 summit in Bali.
New Twitter owner Elon Musk has considered putting all of Twitter behind a paywall, according to a report on Tuesday.