Category: Musk, Elon

Investors Cheer C.E.O. Leadership Shakeup at Disney

The New York Times – Business:
Shares in the entertainment giant climbed more than 9 percent in premarket trading on Monday following the ouster of chief executive officer Bob Chapek.
Elon Musk Reinstates Trump’s Twitter Account

The New York Times – Business:
Mr. Musk, who had asked Twitter users about whether to bring back the former president to the service, said, “The people have spoken.”
Elon Musk’s Twitter Teeters on the Edge After Another 1,200 Leave

The New York Times – Business:
Mr. Musk sent emails on Friday asking to learn about Twitter’s underlying technology as key infrastructure teams have been decimated.
Hundreds of Twitter Workers Quit as Musk Demands Loyalty

The New York Times – Business:
Hundreds of workers decided to leave the troubled social network, after Elon Musk demanded employees commit to a new “hard core” work environment.
Democratic Lawmakers Call for Investigation of Elon Musk’s Twitter

The New York Times – Business:
Seven Democratic senators urged the Federal Trade Commission to examine whether the social media company, under Mr. Musk’s ownership, had violated a 2011 privacy agreement.
Contagion in Crypto From FTX’s Fall Is Growing

The New York Times – Business:
The crypto exchange’s collapse is stoking fears of contagion across the industry. Meanwhile, FTX’s founder, Sam Bankman-Fried, is still speaking out.
SpaceX Employees Say They Were Fired for Speaking Up About Elon Musk

The New York Times – Business:
Charges filed with federal regulators accuse the company of retaliating against eight workers over an open letter critical of the chief executive.
Elon Musk Gives Twitter Employees a Deadline to Stay or Leave

The New York Times – Business:
Mr. Musk said workers would need to answer through an online form by late Thursday and those who stayed would be “working long hours at high intensity.”
Elon Musk Testifies He Had Little Say in His Tesla Pay

The New York Times – Business:
The billionaire chief executive is testifying about a multibillion dollar compensation package the electric car company’s board put in place in 2018.
Elon Musk Heads to Court to Defend His Billions in Tesla Pay

The New York Times – Business:
A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.
Elon Musk Fires Twitter Employees Who Criticized Him

The New York Times – Business:
Mr. Musk, who is rapidly transforming the social media company, also has cut its contractor work force.
Why the G20 Summit Matters to Investors

The New York Times – Business:
Stocks rallied in Asia on Tuesday following a historic meeting between President Biden and his Chinese counterpart, Xi Jinping.