Category: Tesla Motors Inc

What Elon Musk Is Doing to Twitter Is What He Did at Tesla and SpaceX

The New York Times – Business:
Firing people. Talking of bankruptcy. Telling workers to be “hard core.” Mr. Musk has repeatedly used those tactics at many of his companies.
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.
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.
Electric Vehicles Start to Enter the Car Buying Mainstream

The New York Times – Business:
While sales are still skewed toward affluent buyers, more people are choosing electric vehicles to save money.
Regulators Begin Cracking Down on FTX

The New York Times – Business:
Authorities worldwide are intensifying their scrutiny of the embattled cryptocurrency exchange, amid concern about improper use of customer money.
Can Elon Musk Make the Math Work on Owning Twitter? It’s Dicey.

The New York Times – Business:
Mr. Musk faces financial challenges in owning Twitter. The site frequently loses money and took on $13 billion in debt for the blockbuster deal.
Twitter, Once a Threat to Titans, Now Belongs to One

The New York Times – Business:
A decade ago, the social media platform was a tool for rebels and those challenging authority. But over time, the powerful learned how to use it for their own goals.
How Elon Musk Became a Geopolitical Chaos Agent

The New York Times – Business:
The world’s richest man has inserted himself in some of the world’s most combustible conflicts.
Elon Musk Seems to Answer to No One. Except for a Judge in Delaware.

The New York Times – Business:
Kathaleen St. J. McCormick, the chief judge of Delaware’s Chancery Court, gave Mr. Musk until Friday to acquire Twitter. She is also the judge in at least one other case involving the billionaire.
Tesla Cuts Prices in China in Sign of Slowing Demand

The New York Times – Business:
Shares of the company slumped as investors worried about increasing competition.
Tesla Investors Worry About the Carmaker’s Future

The New York Times – Business:
Investors sent the electric vehicle maker’s shares down sharply in after-hours trading after the company warned about uncertain customer demand.