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“Tesla to pay workers’ abortion travel costs after Texas move” Tesla has committed to covering travel-related expenses for employees who are forced to go out of state to have an abortion after Elon Musk’s electric car outfit recently relocated to Texas, where the governor has vowed to outlaw the procedure. Musk has been hailed by…
“Tesla’s new factories ‘losing billions of dollars’” Tesla’s new car factories in Texas and Berlin are “losing billions of dollars” as they struggle to increase production because of a shortage of batteries and China port issues, Chief Executive Elon Musk said recently. “Both Berlin and Austin factories are gigantic money furnaces right now. Okay? It’s really like a giant roaring sound,…
“Elon Musk names ‘unresolved’ obstacles to Twitter deal closure” Billionaire Elon Musk said Tuesday that he still sees three “unresolved matters” impeding the closure of his $44 billion Twitter takeover agreement. Progress on Musk’s negotiations with Twitter’s board has stalled since mid-May, when the billionaire declared the deal was “temporarily on hold” while he assessed…
“This massive Tesla Hotel-on-wheels concept paints a sci-fi picture of luxury life on Mars” Designed and envisioned by China-based artist ‘LOONGT’, the Tesla Mobile Resort Hotel is more than just a Roadster shot in space. It’s a mammoth-like structure on wheels that cruises along on Mars’ landscape, giving occupants a stunning view of the red…
“Elon Musk still buying dogecoin despite cryptocurrency crash” Billionaire Elon Musk hasn’t abandoned his support of the meme token dogecoin despite the collapsing prices of bitcoin and other leading cryptocurrencies. The Tesla CEO indicated that he is adding to his dogecoin stake, even as other investors dump their cryptocurrency and other risky assets in response…
” Elon Musk’s support for Dogecoin grows stronger following $258B lawsuit “ Not even a $258 billion class-action lawsuit alleging a crypto pyramid scheme could stop Elon Musk from publicly displaying his continued support for Dogecoin (DOGE). On June 16, a New York district court received a class action complaint against the world’s richest man…
“Tesla shareholder sues Elon Musk, board over ‘toxic workplace culture’” A Tesla investor has accused CEO Elon Musk and the board of directors of damaging shareholders by ignoring a “toxic workplace culture” at the company, according to a complaint filed in a Texas federal court on Thursday. The lawsuit filed by shareholder and New Jersey…
“Some Twitter workers have ‘Musk Derangement Syndrome,’ employee says” Elon Musk’s all-hands meeting with Twitter employees on Thursday reportedly failed to convince some workers who remain fiercely opposed to the billionaire’s $44 billion takeover, according to an engineer who attended the gathering. The Twitter engineer, who spoke on condition of anonymity, said Musk’s remarks on…
“SpaceX workers call Elon Musk ‘distraction and embarrassment’” SpaceX employees are reportedly circulating an open letter calling Elon Musk’s behavior a “distraction and embarrassment” to the company — and calling on executives to publicly distance the rocket maker from its founder and CEO. The disgruntled employees say they were compelled to draft the letter to…
“Elon Musk will reiterate desire to own Twitter in Q&A: report” Tesla CEO Elon Musk will reportedly reiterate his desire to acquire Twitter during a virtual question-and-answer session with employees of the San Francisco-based social media site on Thursday. Shares of Twitter surged by nearly 3% in pre-market trading on Thursday after The Wall Street…