Tesla CEO Elon Musk will stay at the electric car company as long as he is useful amid investor concerns that buying Twitter would distract him from his job at Tesla.
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For the past six years, Jared Birchall has served as the right-hand man for Elon Musk, handling the fortune and whimsies of the world’s richest person.
If Elon Musk gets his wish, then even more of us will be paying attention to him and his companies.
Tesla CEO Elon Musk sold $4-billion worth of shares in the electric vehicle maker in sales likely aimed at helping finance his planned purchase of Twitter.
Amazon.com founder Jeff Bezos posed a provocative question after Elon Musk clinched a $44-billion takeover of Twitter.
Twitter is poised to agree a sale to Elon Musk for $43-billion (R674-billion) in cash, the price the chief executive of Tesla has called his “best and final” offer.
Elon Musk’s short-lived effort to take Tesla private after his infamous “funding secured” tweet in August 2018 has loomed over the billionaire’s reputation.
It is the biggest acquisition financing ever put forward for one person. Elon Musk is doing it his way.
Elon Musk formed a trio of holding companies as part of his bid to acquire Twitter, potentially giving the billionaire a path to bring all of his business ventures under a single parent.
With Tesla’s strong quarterly report on Wednesday, CEO Elon Musk has scored a hat trick of performance goals worth a combined $23-billion in new compensation.