elon musk news Archives

Elon Musk, CEO of Tesla, said at an energy conference in Norway on Monday that the world needs more oil and gas to address the energy constraints it is now experiencing, according to Bloomberg. The statement may seem odd coming from someone who markets solar roofing, electric vehicles, and battery packs. Elon Musk has said something similar before, though, so it's not a new occurrence. Supporter of fossil fuels, Elon Musk? Musk had posted something along these lines earlier this year, at the start of Russian intervention in Ukraine, while also acknowledging that such a move is probably not in Tesla's best interests. "I hate to say it, but we need to boost oil and gas production right away. Extraordinary circumstances necessitate extraordinary action." Elon Musk is a pragmatic ma...

Twitter announced on Tuesday that it would conduct a shareholder meeting on September 13 to vote on Elon Musk's proposed $44 billion takeover offer for the social media business. Musk is the chief executive officer of Tesla. The idea, which was revealed in a filing, comes at a time when the richest person in the world is getting ready for a legal battle with Twitter in October over the fact that he reneged on his offer to buy the social media business. According to a document made by Twitter, shareholders will be asked to vote at the meeting on a proposal to approve the compensation that may be due by Twitter to certain executive officers in connection with the purchase. In a separate announcement, the business reported that, in an effort to save expenses, it had drastically slowed down...

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Elon Musk claims that there is a major reason why the world needs more oil and gas.

On September 13, Twitter shareholders will vote on Elon Musk’s $44 billion takeover bid.