Musk needs to secure an additional $22.4-billion of funds to cover the equity financing portion of his deal to buy the social media company.
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Tesla’s famously focused chief executive, Elon Musk, faced one question at the company’s AI Day event on Friday that momentarily stumped him.
The Tesla CEO blamed over-reliance on factory robots for sending the company to “production hell” four years ago, saying humans were better at certain jobs. My, how times have changed.
Elon Musk is seeking documents from Twitter co-founder Jack Dorsey as he pursues his legal fight to walk away from his $44-billion deal for the social media company.
Elon Musk sold $6.9-billion of his shares in Tesla, his biggest sale on record, saying he needed cash in case he is forced to buy Twitter.
BMW has taken flak for weeks after beginning to sell owners in certain markets subscriptions to heat their seats. It’s not backing down.
Elon Musk denied he had an affair with Sergey Brin’s wife, after the Wall Street Journal reported that the liaison led the Google co-founder to sell his investments in Musk’s companies.
Bitcoin rebounded after a brief selloff late on Wednesday, sparked by news that Tesla had sold about 75% of its holdings of the virtual token.
Apple is the latest major technology company to rein in hiring and spending plans over fears about a US recession in the coming months.
BMW has found itself embroiled in a blistering row over plans to charge car owners $18/month to warm their derrières.