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Elon Musk Sells Shares Worth $6.9 Billion

Elon Musk sold $6.9 billion (roughly Rs. 54,880 crore) of his shares in Tesla Inc. the billionaire’s biggest sale on record, saying he needed cash in case he is forced to go ahead with his aborted deal to buy Twitter. “In the (hopefully unlikely) event...

Elon Musk takes questions from Twitter workers

by Oyindamola | News

Tesla CEO Elon Musk may as well be the living tech embodiment of Katy Perry’s 2008 hit song, “Hot N Cold,” given that it perfectly describes his state of mind with its insightful prose: “Cause you’re hot then you’re cold. You’re yes then you’re no.” In fact, that...

Tesla Cuts Staff by 10 Percent

by Oyindamola | News

Tesla will cut its workforce by about 10% because CEO Elon Musk has a “super bad feeling” about the future of the economy, according to a new report from Reuters. The news agency cites an internal memo that was reportedly sent to Tesla executives and noted the...

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