SF Politics Newsom Razzes Elon Musk Over Tesla Taking $3.2 Billion in California Subsidies Gavin Newsom is happy to rub Elon Musk’s face in how many billions of dollars Tesla has taken in state subsidies, declaring there is “no Tesla without California.”
SF News Monday Morning Headlines: Musk Gets Deposed By Twitter Thousands of motorcyclists gathered on Saturday in Stockton for a massive funeral for Hells Angels founder Sonny Barger, Elon Musk is getting deposed today by Twitter's attorneys, and temps in SF will cool off before warming back up by the weekend.
Business & Tech Twitter’s Ex Head of Security Blows Whistle On ‘Egregious’ Security Flaws, Possible Spies on Company Payroll Twitter has much bigger problems than bots, according to its former head of security, who just dropped a bomb in claims to the federal government that the site’s security is so lax it’s a risk to national security, and the company allegedly has foreign intelligence agents on the payroll.
Business & Tech Musk Backlash Continues With Time Magazine Calling Out Hyperloop Idea as Spoiler For High-Speed Rail The same publication that named him Person of the Year last year, Time Magazine, has now published an opinion piece about how we all need to "look beyond" Elon Musk and stop thinking that he is the singular visionary he's convinced many he is.
Business & Tech 'Botometer' That Musk Used to Make Counterclaim About Twitter Spambots Once Deemed Musk Himself a Likely Bot Well, the fun hasn't stopped in Delaware's Chancery Court this week, with Elon Musk filing a fraud countersuit against Twitter, Twitter delaying its unsealing so they could respond and redact things.
Business & Tech Twitter Files Its Lawsuit Against Musk In Delaware Chancery Court, Accuses Him of Creating Negative 'Public Spectacle' The promised lawsuit has been filed, and among other things, Twitter is accusing would-be buyer Elon Musk of "refus[ing] to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests."
Business & Tech Elon Musk's Bid to Buy Twitter Looks Officially Dead Elon Musk made his desire to withdraw from his bid to buy Twitter official Friday, sending a letter to the company's board and filing his intent to back out with the Securities & Exchange Commission.
Business & Tech Elon Musk Had Secret Twins With One of His Companies’ Top Execs, Now the Mother Might Be In Line for Twitter CEO? The latest Elon Musk drama shows he had two more babies with an executive at his company Neuralink, two weeks before the second Grimes baby arrived, and the executive who had his twins could now reportedly be in line to be CEO of Twitter.
Business & Tech SpaceX Employees Say Elon Musk's Twitter Persona Is an 'Embarrassment' as Musk Addresses Twitter Employees The same day that Elon Musk was addressing the employees of Twitter — which could become the fifth company Musk currently lords over if a deal to buy it goes through — employees at SpaceX posted an open letter urging the rest of SpaceX's leadership to acknowledge and account for Musk's behavior.
Business & Tech Elon Musk Will Answer Twitter Employee Questions at All-Hands Meeting — What Could Go Wrong? Would-be new owner of a newly privatized Twitter, Elon Musk, is set to address the company's employees directly on Thursday for the first time since making his buyout offer in April, and he'll be taking questions.
Business & Tech Elon Musk Tells Tesla Employees to Stop Working From Home, Or They Can ‘Pretend to Work Somewhere Else’ A leaked email shows that Musk declared to Tesla employees Tuesday that “Remote work is no longer acceptble” [sic] and the work-from-home ride is over for Tesla engineers and execs.
Business & Tech Twitter Shareholder Hits Elon Musk with Class Action Suit for Market Manipulation, False Statements With Twitter having lost more than $8 billion in value since the Elon Musk escapade started, one shareholder is hauling Musk to court alleging that he’s driving down the company’s value on purpose.
Business & Tech Elon Musk Sexual Misconduct Charges Arrive; Allegedly Exposed Himself and Propositioned Flight Attendant “Elongate” dropped early Thursday night, with a report that his SpaceX company paid a flight attendant $250,000 to buy her silence over an incident where Musk allegedly exposed himself and offered her a horse if she would “do more.”
Business & Tech Musk Claims Twitter Deal ‘Cannot Move Forward’ Because of Fake Accounts, Probably Just Trying to Drive Down Price Another infantile tweetstorm from Elon Musk claims his Twitter purchase “cannot move forward” because of the prevalence of fake accounts, but analysts suspect he’s trying to drive down the price or back out entirely.
Business & Tech Surprise! Elon Musk Now Getting Wobbly On Buying Twitter, Claims Deal Is 'Temporarily On Hold’ The erratic billionaire may be trying to back out of his stunning bid to take over Twitter, now claiming he is concerned about “spam/fake accounts,” but analysts suspect he's just getting cold feet and that he may not actually be able to line up the money.
Business & Tech Twitter CEO Ousts Two Top Execs, Freezes Hiring, Cuts Spending Ahead of Musk Takeover In what may be a bid to right the ship after a disappointing quarter, or a gesture toward trying to hold on to his job when Musk's purchase of the company closes, Twitter CEO Parag Agrawal fired two top executives and laid out cost-cutting measures in a memo to employees this week.
Business & Tech Elon Musk Will Let Trump Back on Twitter, Saying Permanent Bans 'Fundamentally Undermine Trust' In the Platform So even though Musk claims to want what's good for democratic society, he's happy to hand the megaphone back to the man who's bent on destroying it.
Business & Tech Elon Musk Will Appoint Himself CEO of Twitter (Temporarily), He Apparently Told Investors The new CEO of Twitter under Elon Musk will be Elon Musk, according to people familiar with his investor briefings, though he says for now that he will only be an interim CEO.
Business & Tech Tesla’s Value Is Nosediving While Elon Musk Pursues Twitter Takeover Elon could have bought Twitter for $44 billion three times over with the $150 billion in market value Tesla has lost since he pulled this Twitter stunt, as Tesla stock has been plummeting all week.
Business & Tech Another Racial and Sexual Harassment Lawsuit Filed Against Tesla On Friday, a female employee filed a lawsuit alleging that electric vehicle juggernaut Tesla failed to properly respond to widespread racism in its facilities.
Business & Tech Layoffs May Loom at Elon Musk's Twitter, Analysts Say One analyst predicts Musk might lay off 20% of Twitter’s workforce, as the company is still not profitable every quarter, and interest rates could rise on the borrowed money he’s using to finance the deal.
Business & Tech Will Elon Musk Move Twitter to Texas? Will He Give Trump His Account Back? Questions Abound. Elon Musk fanboys on Twitter are all elated that their King of Twitter may soon be the full Owner of Twitter. But employees are probably worried.
Business & Tech [Update] Elon Musk-Twitter Deal Is Done; Twitter to Be Taken Private Twitter's board has accepted billionaire Elon Musk's offer to take the company private, after two weeks of intrigue and the creation of a "poison pill" meant to kill the deal.
Business & Tech Elon Musk Says He Has the $46.5 Billion Lined Up to Buy Twitter Outright, But Investors Remain Skeptical of This Whole Deal Elon Musk’s original “best and final offer” language from last week has softened to “seeking to negotiate” language, but he says he now has funding secured for the deal to take Twitter private (a canard he has pulled before).
Business & Tech Twitter Board Adopts 'Poison Pill' Strategy to Fend Off Elon Musk; Another Big Shareholder Also Just Upped Their Stake Twitter's board of directors voted unanimously Friday to adopt a limited duration shareholder rights plan, or "poison pill," that would immediately dilute the shares of any shareholder who bought 15% or more of existing shares — likely thwarting, for now, a takeover bid by Elon Musk.
