Elon Musk, CEO of Twitter, visited Capitol Hill on Thursday to meet with House leaders from both parties and receive a law enforcement briefing. The meeting was likely related to the fairness of the platform and the ongoing debate over tech regulation. It is unclear what the outcome of the meeting was, but it is the latest in a series of high-profile visits to Capitol Hill by tech executives.
Posts tagged as “Elon Musk”
Elon Musk took the witness stand for a second day on Monday in a trial over a controversial tweet from 2018, in which he claimed he had "funding secured" to take Tesla private for $420 a share. Musk is attempting to explain the thought process behind the tweet and push back at the idea that it was partly a joke. U.S. Judge Edward Chen has already ruled the tweet was false and reckless, and Musk is now trying to convince the jury that he did not know the tweet was false when he sent it.
Elon Musk took the stand in a California court room on Friday to testify in a lawsuit over his 2018 tweet claiming he had secured funding to take Tesla private. Shareholders allege that the tweet was misleading and caused them to suffer financial losses, while Musk's lawyers argue that it was a joke. The trial is expected to last several weeks and could have serious implications for Musk and Tesla.
Elon Musk is leading a major transition at Twitter, symbolically represented by his entrance to the company's headquarters carrying a sink. The company is now auctioning off office furniture, memorabilia, and kitchen equipment from its San Francisco offices as a way to send a message about the new direction. Musk is determined to make the transition a success, and has tweeted "let that sink in" to emphasize his point.
Elon Musk to Face Trial Over Tweet Claiming He Had Secured Financing for $72 Billion Buyout of Tesla
Elon Musk to Face Trial Over Tweet Claiming He Had Secured Financing for $72 Billion Buyout of Tesla
Elon Musk, the billionaire CEO of Tesla, is set to face a trial over a tweet he made in 2018 claiming he had secured financing for a $72 billion buyout of the company. The lawsuit alleges that the tweet was an attempt to manipulate the stock market and artificially inflate Tesla's stock price. Musk has denied the allegations, claiming that the tweet was an accurate reflection of his plans at the time, and the trial is expected to last several weeks with the outcome having a significant impact on Musk's reputation and the future of Tesla.
Twitter has announced that it will be relaxing its three-year ban on political advertising. The decision comes after Elon Musk purchased the social media platform…