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“Elon Musk’s Tesla says it has sold 75% of its bitcoin holdings” Tesla sold off three-quarters of its bitcoin holdings, the Elon Musk-helmed automaker said Wednesday. The sales took place during April through June of 2022, according to the company’s earnings report on Wednesday. “As of the end of Q2, we have converted approximately 75%…
“Tesla’s profits rise despite disappointing revenue, factory shutdown” Tesla on Wednesday reported a rise in quarterly profit, as a string of price increases on its best-selling vehicles helped offset production challenges, sending its shares up 4% in extended trading. “With each of the Fremont and Shanghai factories achieving their highest-ever production months and new factory…
“Twitter wins expedited trial over Elon Musk’s $44B buyout” A Delaware judge set an October trial date for Twitter’s lawsuit against Elon Musk, siding largely with the social media site as it seeks to force the mogul to go through with his $44 billion deal to buy the site. The five-day trial will open in…
“Elon Musk to countersue Twitter in attempt to scrap $44B buyout” Elon Musk plans to file a counter-lawsuit against Twitter in the coming days — the tech billionaire’s latest attempt to scrap his $44 billion agreement to buy the social-networking giant, a source close to the case told The Post. The purpose of the countersuit would…
“Elon’s Musk-see fight for Twitter” As opposed to most corporate lawsuits, Twitter’s rundown of Elon Musk reneging on his deal to buy the social media giant is interesting reading. It’s more dime-store novel than mind-numbing legalese, which helped convince many journalists that Twitter has an airtight case on a somewhat complicated legal doctrine called “specific…
“Elon Musk responds to ‘meritless’ Twitter suit, says he wants to push trial back to 2023” Elon Musk told a judge Friday that he needs until next year to respond to Twitter’s “meritless” claims that the mogul tried to scuttle the $44 billion deal to buy the social media platform. Musk’s attorneys accused Twitter of…
“Russian space chief Dmitry Rogozin fired after Elon Musk troll” Dmitry Rogozin, the Russian space agency chief known for his frequent clashes online with SpaceX boss Elon Musk, has been ousted from his job, the Kremlin revealed Friday. Russian President Vladimir Putin has tabbed Yuri Borisov, a former deputy prime minister, to replace Rogozin as…
“Who is Errol Musk? What we know about Elon’s dad” Move over, Elon — there’s another Musk hitting the headlines. Errol Musk, the family’s patriarch, is in the news after confirming he fathered a second secret love child with his stepdaughter, Jana Bezuidenhout, 35. The 76-year-old is most notable for being Elon’s estranged father, with…
“Elon Musk seen first time since Twitter suit, Donald Trump spat” Elon Musk didn’t let a rough week hold him back. Exclusive images show the world’s richest man out in public for the first time since he was sued by Twitter after he dropped his $44 billion bid to buy the social media company. A…
“Judge Kathaleen McCormick overseeing Twitter’s $44B suit against Elon Musk” The first female chief judge on Delaware’s nationally known business court will oversee Twitter’s lawsuit that seeks to hold Elon Musk to his agreement to buy the social media platform for $44 billion, according to court records. Kathaleen McCormick took over the role of chancellor, or chief…