Elon Musk’s Twitter account has gotten a lot of attention lately. Musk, who is CEO at both Tesla and SpaceX, uses his Twitter account to share ideas, company announcements, and jokes with his 22 million+ followers. But some of his tweets recently drew the attention of the Securities and Exchange Commission (SEC), which sued Musk last week for tweeting “false and misleading statements” about taking Tesla private. Musk settled with the SEC over the weekend, after agreeing to resign as Tesla’s chairman and pay $US20 million from Tesla and $US20 million from his own account as a fine to the SEC. With so much focus around Musk and his Twitter account, we thought it would be interesting to highlight the handful of accounts that he actually follows – there are 69 of them, to be exact. We’re not saying that following the same Twitter accounts means you’ll suddenly have the brains or money of Elon Musk, but it certainly can’t hurt. And so, … [Read more...] about Elon Musk follows 69 accounts on Twitter — here they are
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Elon Musk tweets that he’s considering taking Tesla private at $420 per share with ‘funding secured’ (TSLA)
Mark Matousek, provided by Published 11:55 am CDT, Tuesday, August 7, 2018 AP Tesla CEO Elon Musk said on Tuesday via Twitter that he's considering taking the company private at $420 per share. Tesla shares were halted around 2 pm ET after Musk posted his tweet. "Am considering taking Tesla private at $420. Funding secured," he said. Tesla has been public since 2010. Musk also said on Tuesday via Twitter that he will create a "special purpose fund" if the company goes private so current Tesla shareholders can keep their investments in the company. Tesla did not immediately confirm if Musk himself sent the tweet or if it was the result of a hack. Business Channel Now Playing: Now Playing To Ease Debt, College Asks for Cut of Students' Future Paychecks Media: Cheddar TV Is Working Less Better For Your Health? People Over 40 Should Work Only Three Days Per Week, Says Study Media: Buzz 60 Facebook Removes Alex Jones' Infowars Pages Media: … [Read more...] about Elon Musk tweets that he’s considering taking Tesla private at $420 per share with ‘funding secured’ (TSLA)
Elon Musk sets Tesla shares flying with tweet saying he will take the company private
Tesla boss Elon Musk has shocked the market with a bombshell tweet saying he is mulling taking the electric car company private. The billionaire co-founder of the company took to Twitter on Tuesday afternoon to say he was “considering taking Tesla private at $420. Funding secured.” He tweeted minutes after it was reported that Saudi Arabia’s sovereign wealth fund had taken a stake of up to 5pc in Tesla, a holding worth as much as $2.9bn (£2.2bn). Tesla shares, which were already rising on news of the Gulf investor, spiked in response. Shortly after, Mr Musk responded to replies to his tweet, asking if he would remain in control of the company. He replied that he does not “have a controlling vote... Register for free to read this article, or log in to your Telegraph account Register Log in … [Read more...] about Elon Musk sets Tesla shares flying with tweet saying he will take the company private
Elon Musk tweets he’s ‘considering’ taking Tesla private
Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings. SUBSCRIBE Tesla CEO Elon Musk tweeted Tuesday that he's "considering" taking the electric car company private — and that he has funding for his plan already secured. Tesla shares rose sharply right after Musk sent the tweet shortly before 1 p.m. ET, adding more than 5 percent to the company's value in a matter of minutes. With the increase, Tesla shares were trading at around $362 per share, still well below the $420 level Musk said he is considering. Musk is Tesla's largest shareholder. In June, the billionaire CEO bought about $25 million worth of stock and owned about 19.8 percent of the entire company, according to reports. Musk is a frequent Twitter user, though his recent statements have caused some concern among investors. He recently accused a British man involved in the rescue of a youth soccer team trapped in a flooded Thai cave of pedophilia. Tesla did not … [Read more...] about Elon Musk tweets he’s ‘considering’ taking Tesla private
Elon Musk said Tesla wants to eliminate contracts for its customers (TSLA)
Mark Matousek, provided by Published 9:26 am CDT, Tuesday, July 24, 2018 Rich Pedroncelli / Associated Press Tesla CEO Elon Musk said on Monday that the company is attempting to eliminate contracts for its customers and simplify the return process. "We’re trying to get rid of contracts completely. Should just be 'tap here & you get your car'. Then, if you don’t like it for any reason, just return it like any other product," Musk said on Twitter. Tesla did not immediately respond to a request for comment on its timeline for eliminating customer contracts. Recommended Video: Now Playing: In an email to all Tesla employees, CEO Elon Musk claimed that one person was responsible for "quite extensive and damaging sabotage" to the company's operations, including changing the code of its manufacturing system and exporting sensitive data to "unknown third parties." He also pointed to "a long list of organizations that want Tesla to die," … [Read more...] about Elon Musk said Tesla wants to eliminate contracts for its customers (TSLA)