Elon Musk

Updated at 4:29 pm EST U.S. stocks closed firmly higher Wednesday, while the dollar slipped lower against its global peers, as investors reacted to a key July inflation reading that looks to have triggered a pullback in rate-hike bets. Headline CPI  eased last month from the 41-year peak rate of…

Elon Musk offloaded $6.9 billion of stock in Tesla, the billionaire’s biggest sale on record, saying he wanted to avoid a last-minute selloff of the electric-car maker’s shares in the event he is forced to go ahead with his aborted deal to buy Twitter. Tesla’s chief executive officer sold about…

Elon Musk is trying to wriggle out of his $44 billion deal to buy Twitter. At the heart of his legal argument is a still-unproven claim that Twitter misrepresented its user data, in particular how many of the users it counts are fake or spam. Not only are Musk’s lawyers…

Amber Heard ‘beat up’ a girl she’d drug for being around Elon MuskNew accusations have come to light that brand Amber Heard as an abuser against a woman who would often get drugged by the Aquaman star, and was once even beat up for hanging around Elon Musk. The girl…

Welcome to the July 2022 Citizen Tech, InformationWeek’s monthly policy bulletin. This month we are looking at the triumph of Biden’s semiconductor bill, long held up in the Senate; discussions at the SEC over crypto tokens and securities law; Russia’s one-sided information war; interesting results from a census of European…

Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” the billionaire explained, noting that “inflation is going to drop rapidly.” Elon…

Elon Musk said Saturday his planned $44 billion takeover of Twitter should move forward if the company can confirm some details about how it measures whether user accounts are ‘spam bots’ or real people. The billionaire and Tesla CEO has been trying to back out of his April agreement to buy the…

Saturday 06 August 2022 1:25 pm Musk is looking to summon Jack Dorsey to court Elon Musk has revived hopes that his Twitter takeover may go ahead after writing the deal should proceed “on its original terms” if the social media site provides its method for confirming accounts are genuine.…

"A lot has changed" since the futuristic vehicle's initial reveal, says Musk Amid multiple delays and with no specific availability date in sight, Tesla CEO Elon Musk says that the Cybertruck’s price and specifications will change before its release. If you’ve been following the rising cost of vehicles, this isn’t…

Elon Musk accused Twitter of fraud in a countersuit over his aborted $44 billion deal for the social media company, which he claimed held back necessary information and misled his team about the true size of its user base. The countersuit by the billionaire and Tesla CEO alleges that Twitter…