Musk warned since November that Twitter faced bankruptcy if its financials didn’t improve.
. Twitter’s remaining employees were required to “opt in” to a “hardcore” work environment or leave the company.
Musk has confirmed the search for his successor as Twitter CEO is already underway, though he hasn’t provided an exact timeline for when he will step aside. In addition to his responsibilities at Twitter, Musk was recently called to take the stand as a key witness in a trial with Tesla shareholders. The shareholders had alleged that a 2018 tweet in which Musk claimed to have “funding secured” to take Tesla private had caused them to suffer massive losses after the deal never materialized.A San Francisco jury ruled in Musk’s favor last Friday, determining that he was not liable for misleading investors with the 2018 tweet.
Tesla has since rallied, with shares surging 75% since the start of 2023. Last quarter, the company reported
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk says Twitter is 'trending to breakeven,' last three months were 'extremely tough'Elon Musk said on Sunday that he 'had to save Twitter from bankruptcy,' but the platform is 'now trending to breakeven' after his purchase last October.
Read more »
Elon Musk: Twitter won't block free API access for 'good' botsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Elon Musk says bots with ‘good content’ can use Twitter’s API for freeElon Musk partially reversed his API policy.
Read more »
Elon Musk Says Twitter ‘Trending to Breakeven' After Near BankruptcyElon Musk tweeted Sunday that the last few months have been “extremely tough,” but that Twitter is “now trending to break even.”
Read more »
Elon Musk Says Twitter Is ‘Trending to Breakeven' After Near BankruptcyElon Musk tweeted Sunday that the last few months have been “extremely tough,” but said that Twitter is “now trending to break even.”
Read more »
Elon Musk says Twitter will offer a free API tier for 'good' bots | EngadgetAfter announcing last week that all developers would have to pay to access Twitter's API, CEO Elon Musk has walked that back a step..
Read more »