elon musk Musk Moves to Abandon $44 Billion Twitter Acquisition Elon Musk officially notifies Twitter that he is terminating his $44 billion buyout agreement over disputes regarding spam account data. Twitter's board chair states the company plans to take legal action to enforce the original deal.
tesla Tesla Lays Off 200 Autopilot Workers Despite Promises to Protect Hourly Jobs Tesla closes its San Mateo office and cuts approximately 200 hourly data-labeling workers from its Autopilot team, contradicting CEO Elon Musk's recent pledge to preserve hourly positions.
tesla Tesla Reportedly Lays Off Recent Hires and Rescinds Job Offers Tesla is letting go of employees who started just weeks ago and withdrawing pending job offers. Newly affected workers dispute the company's claim that the cuts are based on performance reviews.
elon musk Elon Musk Uses Bot Claims to Challenge Twitter Acquisition Elon Musk claims spam and fake accounts make up a massive portion of Twitter's user base, threatening to walk away from his $44 billion buyout deal if the company cannot prove otherwise.
elon musk Elon Musk Outlines Wild Vision for Twitter in First Staff Meeting Elon Musk tells Twitter employees he wants to reach a billion daily users and potentially charge for verified accounts. The meeting leaves the actual status of his $44 billion acquisition deal unclear.
elon musk Elon Musk Becomes Top Twitter Shareholder With $2.89 Billion Stake Elon Musk acquires a 9.2 percent stake in Twitter worth nearly $3 billion, causing the company's stock to skyrocket by 27 percent. The purchase makes the Tesla CEO the social media platform's largest shareholder.
elon musk Elon Musk Secures $46.5 Billion to Fund Potential Twitter Buyout Elon Musk lines up $46.5 billion in financing from Morgan Stanley and other institutions for a possible Twitter acquisition. He has not yet decided if he will formally launch a tender offer to purchase shares directly from investors.
elon musk Musk's $44B Twitter Deal Sparks Intense Free Speech Debate Elon Musk's proposed $44 billion purchase of Twitter creates a major political divide over content moderation, pitting conservatives demanding less regulation against civil rights groups warning of increased disinformation.
elon musk Elon Musk Threatens to Abandon $44B Twitter Purchase Over Bot Data Elon Musk warns he will terminate his $44 billion agreement to buy Twitter unless the company provides detailed data on fake and spam accounts. Twitter insists it shares information appropriately and plans to close the deal at the original agreed price.
tesla Tesla Raises Prices Across Entire Vehicle Lineup by Up to $6,000 Tesla increases the cost of its entire electric vehicle lineup, with the Model X seeing the highest jump of $6,000. The automaker attributes the ongoing price hikes to rampant inflation and severe supply chain constraints.
elon musk Elon Musk Acknowledges Overpaying for Twitter but Predicts Massive Future Value Elon Musk admits he is currently overpaying for Twitter with his $44 billion deal, but he argues the platform's long-term potential is an order of magnitude greater than its current value.
twitter Musk Reportedly Demands $20 Monthly Fee for Twitter Verified Status Elon Musk instructs Twitter staff to charge verified users $19.99 per month to keep their blue check marks. Employees face a November 7 deadline to implement this change or risk losing their jobs.
twitter Musk Demands Twitter Verified Users Pay $20 Monthly or Lose Check Marks Elon Musk instructs Twitter staff to raise the Blue subscription price to $19.99 per month, making it mandatory for users to keep their verified status. Employees face a November 7 deadline to implement this change or risk losing their jobs.
elon musk Elon Musk Sets Twitter Blue Price at $8 Monthly for Verification Elon Musk announces that Twitter Blue will cost $8 per month and serve as the exclusive path to getting a verified blue checkmark on the platform.
elon musk Elon Musk Convenes Emergency Code Review With Remaining Twitter Engineers Elon Musk shares photos of a late-night code review with Twitter engineers after hundreds of employees resign. He asks the remaining staff to prove their coding achievements from the past six months.