Elon Musk announced and outlined to investors potential cuts in Twitter’s workforce, predicting reductions of 75%: 7500 are the current employees, which, then, according to mathematical estimates, wou...
Tag: Musk
Musk Offers Dismal Recession Prediction: ‘Probably Until Spring 2024’
Topline Billionaire Tesla and SpaceX CEO Elon Musk became the latest high-profile corporate bigwig to offer a dismal economic outlook amid high inflation and three rounds of interest rate hikes, doubl...
Elon Musk says we’re already in a recession that could last until Spring 2024 and only the strong will survive
The world could be facing the longest recession it has seen since the Global Financial Crisis over a decade ago, according to Tesla and SpaceX CEO Elon Musk. Asked to predict the length of a contracti...
Ripple (XRP) Gets Hinman Docs From SEC, Elon Musk Responds
Tesla CEO Elon Musk commented on Ripple CEO Brad Garlinghouse’s tweet that the Securities and Exchange Commission has finally handover the Hinman docs to Ripple. Brad Garlinghouse warns to not believe...
Twitter Stock Tumbles On Report Musk Takeover Subject To US Review
Updated at 8:43 am EST Twitter (TWTR) shares slumped lower Thursday as the impact of Snap’s SNAP ad-spend warning rippled through social media stocks and Bloomberg reported that Elon Musk̵...
Elon Musk says a global recession could last until the spring of 2024
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Tesla founder and CEO Elon Musk thinks the global economic de...
Elon Musk says there’s a key difference between him and the investor—he actually makes stuff
“I’m not Warren Buffett.” So declared Tesla CEO Elon Musk during the EV company’s third-quarter earnings call on Wednesday. “I’m not an investor,” he said. “I am an engineer and manufacturing pe...
Elon Musk Plans to Lay Off 75% Of Twitter’s Workforce
53 mins ago | 2 mins read Editors News Elon Musk intends to fire over 7,000 Twitter employees in the coming months. Twitter’s current management is also planning to reduce the company’s payroll by abo...
Elon Musk Responds to Brad Garlinghouse As SEC Finally Handover Hinman Docs to Ripple
– Advertisement – Ripple Legal Team Finally Gets Its Hand On The Hinman Documents, As Elon Musk Appears To Show Support For Brad Garlinghouse’s Anti-SEC Sentiments. The XRP community is ...
Elon Musk To Layoff 75% Of Twitter Employees
The post Elon Musk To Layoff 75% Of Twitter Employees appeared first on Coinpedia Fintech News Elon Musk plans to lay off most of Twitter’s workforce if and when he becomes owner of the social m...
Musk Plans To Cut 75% Of Twitter Workforce, Report Says
Topline Billionaire Elon Musk plans to shrink Twitter’s staff by nearly 75% after his long-delayed deal to take over the social media company closes, according to the Washington Post, in a massi...
Elon Musk plans deep layoffs of 75% at Twitter: report
Tesla Inc. TSLA, -6.65% Chief Executive Elon Musk plans deep cuts at Twitter Inc. TWTR, +1.18% should he end up with the embattled company, according to a report in The Washington Post on Thursday. Th...
Analyst blasts Elon Musk for his attitude on the earnings call
Tesla Inc (NASDAQ: TSLA) is trading down this morning after the electric vehicles manufacturer said it will fail to deliver on its promise of a 50% growth in deliveries this year. Bernstein analyst re...
Elon Musk Weighs In on Pending Twitter Acquisition, Macroeconomic Issues at Latest Tesla Q3 Earnings Call
At the latest Tesla earnings call, Elon Musk stated that Twitter has much greater potential than current value. Tesla (NASDAQ: TSLA) executives recently addressed a sweeping range of macroeconomic iss...
Tesla Still Holding $218M in Bitcoin — Elon Musk Expects Company to Be Worth More Than Apple and Saudi Aramco Combined – Featured Bitcoin News
Tesla’s third-quarter balance sheet shows that the electric car company is still holding $218 million in bitcoin. CEO Elon Musk claims that Tesla could be worth more than Apple and Saudi Aramco combin...
Tesla Shares Drop In Pre-Market After Missed Q3 Earnings
Topline Shares of electric carmaker Tesla fell nearly 5.5% in pre-market trading early on Thursday after the company missed revenue expectations in its third-quarter earnings report released a day ear...
Tesla Drops as Musk Says Demand ‘A Little Harder’ to Come By
(Bloomberg) — Tesla Inc. shares declined in early trading after the electric-car maker reported lower-than-expected revenue and acknowledged it isn’t immune from economic headwinds. Most Read fr...
Dow Jones Futures Fall As Yields Keep Rising; Tesla Skids On Earnings, Elon Musk Comments
Dow Jones futures fell overnight, along with S&P 500 futures and especially Nasdaq futures. Tesla fell on mixed earnings even as CEO Elon Musk hinted at a “meaningful” TSLA stock buyb...
Elon Musk Prepares Huge Gift for Tesla Investors
Elon Musk took out the carrot. The CEO of Tesla (TSLA) tried on October 19 to reassure the electric vehicle maker’s shareholders after a completely disastrous first half of October for Tesla ...
Tesla Earnings Are Mixed, But Musk Predicts ‘Epic Q4,’ Stock Buyback
Tesla (TSLA) earnings topped expectations late Wednesday, though revenue came in on the soft side. TSLA stock slipped after hours, but cut its losses after CEO Elon Musk predicted an “epic Q4,&#...
Twitter Elon Musk Deal Closer: Employee Stock Accounts Locked
Social media company Twitter has reportedly locked its employee stock accounts in anticipation of a deal, according to Bloomberg. This could be an indication of an imminent deal closing with the Twitt...
Dow Jones Futures Rise On Netflix Subscribers; Why Elon Musk May Be Extra Bullish On Tesla Earnings
Dow Jones futures rose overnight, along with S&P 500 futures and Nasdaq futures, with Netflix (NFLX) subscriber growth in focus and Tesla earnings looming. X The stock market rally attempt added t...
PE Deals Misfire; Losses Pile As Tesla CEO Musk Takes Twitter Private| Investor’s Business Daily
Elon Musk’s $44 billion deal to buy Twitter (TWTR) will cause pain in an already crumbling private equity market. X Musk has sold $15.4 billion worth of Tesla (TSLA) shares to finance the Twitte...
SpaceX: Elon Musk will finance Starlink
The news comes after Elon Musk said in recent days that he would not be able to secure the service indefinitely due to high costs for his company SpaceX. The entrepreneur had explained that SpaceX sp...
Elon Musk Says He Has A Plan To Tackle Twitter Bots
– Advertisement – Musk says he has a plan for Twitter bots as the deadline to complete the Twitter deal approaches. Twitter bots remain a cause for concern among users and businesses on th...
Elon Musk Says Spacex Will Keep Funding Ukraine for Free Even Though Starlink Is Losing Money — $80M Spent so Far – Featured Bitcoin News
Spacex CEO Elon Musk says that his company will “keep funding” the government of Ukraine for free even though Starlink is losing money, noting that it has cost Spacex $80 million so far to provide int...
Annoyed by ‘curt and almost dismissive’ Elon Musk, one Wall Street analyst sees cracks emerging in Tesla
While some on Wall Street appeared to take disappointing Tesla Inc. results in stride, one analyst was ringing alarm bells over Elon Musk’s “bold” predictions and his “almost dismissive” attitude towa...