
Elon Musk becomes world's richest person again
Net worth of the Tesla CEO soared $50 billion this year to $187 billion.
Net worth of the Tesla CEO soared $50 billion this year to $187 billion.
In October 2022, Microsoft fired as many as 1,000 employees or 1% of its workforce. This time, it could lay off around 5% of employees.
The Tesla chief had said in August that he won't sell more of the company shares to fund the Twitter deal.
Elon Musk-led Twitter tells employees layoffs necessary to ensure its success; says those in office or coming to office must return home.
Apart from Tesla, Musk now runs four companies as its chief -- SpaceX, brain-chip startup Neuralink and tunnelling company The Boring Company, and Twitter.
The CEO of Tesla Motors and one of the wealthiest persons, Elon Musk has been invited to the convention to inspire and motivate companies that deal in the realm of Electric Vehicles and Space-tech
Twitter's current employee strength stands at 7,500. If Musk goes ahead with his highly controversial plan, it could reduce the workforce to just 2,000.
Elon Musk expects Tesla to be roughly twice the value of Saudi Aramco.
Twitter asks court to initiate a hearing in September as the agreement with Musk ends on October 25. Musk calls it ‘tactic’ to shroud the truth
The microblogging platform says the termination of the deal is invalid because Elon Musk has “knowingly, intentionally, willfully, and materially” breached the pact