Tesla CEO Elon Musk

Tesla CEO Elon Musk's rocket ship firm, SpaceX, dismissed many employees on June 17 who were part of an open letter criticizing the billionaire for his behaviors. Musk's activities, according to the letter writers, have been a “frequent source of distraction and embarrassment for us, particularly in recent weeks." Although it's unknown how many SpaceX employees were fired, Shotwell said the corporation thought the individuals had passed an… read-more

Twitter CEO Parag Agrawal has said that the future of Twitter is uncertain, following Musk's purchase of the company. While speaking to the staff, Agrawal acknowledged, "We don't have all the answers," adding that it is a period of uncertainty. He also shared that no lay-offs are planned right now, but acknowledged that he does not know in which direction the company would go now.

Elon Musk has slammed Netflix over its woke content after the OTT giant lost over 2,00,000 subscribers in less than 100 days. The Tesla boss has described wokeness and political correctness as the "greatest threats to civilisation". He tweeted that the "woke mind virus" is making the Netflix content unwatchable. He also called out the recent trend of forced diversity on mainstream shows in another tweet.

Tesla's share extended their recent sale on November 15, as investors responded to Elon Musk's tweet on stock sales of $6.9 billion. The company traded low at $978.60 billion, pushing its market value to less than $1 trillion for the second time on an intra-day basis on November 15. Musk tweeted to Bernie Sanders, "Want me to sell more stock?" after the… read-more

According to The Guardian, Elon Musk could become the first trillionaire in the world with his aerospace company, SpaceX. Musk owns 48% of the company's valuation. Notably, Tesla is still Musk's biggest asset. Furthermore, his net worth is reported to be $242 billion. "Others have said SpaceX may eventually be the most highly valued company in the world - in any industry.", said analyst Adam Jones.