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The Latest Breaking News from Elon Musk

Tesla To Announce $3.5B Nevada Plant For The Semi Today: Governor

Lombardo said Tesla will build "a brand new $3.5 Billion-dollar advanced manufacturing facility in northern Nevada for the company's all-electric semi-trucks."

Twitter sued by Crown Estate over alleged unpaid rent at London headquarters

Twitter sued by Crown Estate over alleged unpaid rent at London headquarters

Twitter is being sued in the High Court by the Crown Estate which is alleging the social media giant, now owned by Elon Musk, has not paid rent on its London headquarters.

Evening Standard

Twitter sued over failure to pay rent on San Francisco HQ

Twitter sued over failure to pay rent on San Francisco HQ

SAN FRANCISCO: Under new owner Elon Musk, Twitter Inc. quit paying rent on its San Francisco headquarters in December, according to a lawsuit filed by the landlord.

The Times of India

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Elon Musk justifies his 'funding secured' tweet with a bizarre real estate analogy

How do you know when a "handshake" deal is a done deal?

Los Angeles Times

King sues Elon Musk in battle over unpaid rent

Britain's Crown Estate has launched court proceedings against Twitter over alleged unpaid rent on its London headquarters.

Elon Musk admits Tesla investors would rely on "funding secured" tweet

A key question the jury must decide is whether Musk's tweets were significant enough to impact investor decisions.

Elon Musk: 420 is not a joke

Despite the well-known marijuana reference, Musk said in court that the $420 price was a mathematical coincidence.

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The Loop: Elon Musk takes stand in trial over his tweets, how man stopped second LA shooting, and the Earth's core might have reversed — as it happened

The Loop: Elon Musk takes stand in trial over his tweets, how man stopped second LA shooting, and the Earth's core might have reversed — as it happened

The news Australia is searching for, and all the news that happened while you snoozed: This is The Loop, your quick catch-up for this morning's stories as they happen.

Ozempic helps people lose weight. But who should be able to use it?

Ozempic helps people lose weight. But who should be able to use it?

Semaglutide, sold in the forms of Ozempic and Wegovy, shot into public consciousness as an effective weight-loss medication last year, thanks to spruiking from social media influencers and people such as Elon Musk.

The Conversation

Elon Musk testifies in 2nd day of Tesla tweet trial

Elon Musk testifies in 2nd day of Tesla tweet trial

Elon Musk returned to federal court Monday in San Francisco to testify in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet

The Independent UK

Musk says saudis unequivocally wanted to take Tesla private

Elon Musk told a jury that his 2018 tweet announcing a proposal to take Tesla Inc. private included the possibility of using his holdings in SpaceX to help finance the transaction, along with a multibillion-dollar commitment by Saudi Arabia’s sovereign wealth fund.

Tribune News Service

Elon Musk cites Saudi wealth fund at second day of Tesla trial

Elon Musk testified that Saudi Arabia’s sovereign wealth fund “unequivocally” wanted to take Tesla Inc. private in 2018, a core element of his defense to claims that his tweets about the take-private plan misled shareholders.

Tribune News Service

Musk says Tesla go-private plan counted on SpaceX, Saudi money

Elon Musk told a jury that his 2018 tweet announcing a proposal to take Tesla Inc. private included the possibility of using his holdings in SpaceX to help finance the transaction, along with a multibillion-dollar commitment by Saudi Arabia’s sovereign wealth fund.

Tribune News Service

Truth Social looks deader than ever. Why Donald Trump’s cult of personality couldn’t survive Silicon Valley

Truth Social looks deader than ever. Why Donald Trump’s cult of personality couldn’t survive Silicon Valley

The ex-president’s social media platform is on its last legs, proving that celebrity can’t overcome a lack of innovation.

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The Guardian - UK

Twitter to launch ad-free subscription tier, Elon Musk says

Tesla boss hopes for rise in revenue after advertising downturn in wake of takeover

Everything you need to know about conducting layoffs responsibly

Job cuts are hitting employees at Meta, Amazon, and Google. Here's how to properly conduct a lay off.

The Guardian - UK

Is Elon Musk’s Twitter in too much trouble to cover its debts?

Social media platform faces $300m interest payment this week, and default could trigger debt restructuring – or bankruptcy

The Guardian - UK

Back to the future: how Mastodon is restoring the lost art of online conversation

The new social network with its interconnected ‘fediverse’ is a welcome alternative to blustering rival Twitter and Elon Musk

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In the Elon Musk trial, fraud isn't just about false statements

A jury is being asked to decide Musk's state of mind when he tweeted "funding secured."

Your boss might be hoping you quit because it’s easier and cheaper than firing you

Federal Reserve officials explained in January’s "Beige Book" that many companies are planning to "reduce headcount through attrition," instead of opting for layoffs to save costs.

Asharq Al-Awsat

Elon Musk Takes Stand in Tesla Tweet Fraud Trial

Tesla CEO Elon Musk took the stand in a California fraud trial on Friday, accused of lying in tweets about taking the auto company private, punishing investors. Musk was called to testify by lawyers for angry investors who accuse him of costing them millions of dollars in 2018 with untrue…

Elon Musk takes the witness stand to defend his Tesla buyout tweets

Two tweets in 2018 led to a class-action lawsuit alleging Musk misled investors, pulling him into court for about a half hour to deliver sworn testimony in front of a nine-person jury.

Los Angeles Times

Elon Musk's defense of his erratic tweets: They're truthful, just not 'comprehensive'

When Elon Musk posts on Twitter about Tesla, he must follow the same federal regulations that apply to corporate disclosure, the mega-billionaire acknowledged in court testimony on Friday.

Tribune News Service

Elon Musk plays down impact of his tweets at Tesla fraud trial

Tesla Inc. CEO Elon Musk played down how much impact his tweets have on the company’s stock price as he defended himself at a trial over his 2018 tweet about taking the electric car-maker private.

The Independent UK

Elon Musk takes witness stand to defend Tesla buyout tweets

Elon Musk has been summoned to court to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening

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