Tag Archives: Musk

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Musk tweets support for Dorsey remaining as Twitter CEO

03 March, 2020 10:06 am 10:06 am

(Reuters) – Elon Musk said late on Monday he supported Jack Dorsey remaining as Twitter Inc’s chief executive officer, two days after reports that activist investor Elliott Management Corp has pushed for his removal from the role. “Just want (to) say that I support Jack as Twitter CEO,” the billionaire chief executive officer of Tesla … Read More

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Musk nears $346 million payday as Tesla market value soars

01 January, 2020 9:38 pm 9:38 pm

SAN FRANCISCO (Reuters) – Tesla Inc Chief Executive Elon Musk is coming close to earning the first $346 million tranche of options in a record-breaking pay package, after the electric vehicle maker’s stock more than doubled in the last three months. Shares of Tesla surged 9% to a record high on Monday. They need to … Read More

Tesla, Musk sought to ‘burn’ Citron, other short-sellers: lawsu...

09 September, 2018 10:41 am 10:41 am

(Reuters) – The prominent short-seller Andrew Left has sued Tesla Inc (TSLA.O) and its Chief Executive Elon Musk, saying Musk fraudulently engineered his since-abandoned plan to take Tesla private to “burn” investors hoping the electric car company’s stock price would fall. Left, whose reports at Citron Research often push stock prices lower, said in his … Read More

Drones and stakeouts: how Tesla ‘haters’ put pressure on CEO Mu...

08 August, 2018 10:42 am 10:42 am

SAN FRANCISCO/WASHINGTON (Reuters) – An online army of skeptics and amateur sleuths that has spent years promoting bets against Tesla Inc senses an opportunity to renew pressure on the electric carmaker after the failure of Chief Executive Elon Musk’s plan to take it private. A go-private deal at $420 a share announced by Musk in … Read More

Investors to get their say after Musk scuttles Tesla buyout

08 August, 2018 10:23 am 10:23 am

CALIFORNIA (Reuters) – Investors on Monday will render their verdict on Tesla Inc Chief Executive Elon Musk’s decision to abandon a proposed $72 billion buyout to take the luxury electric car maker private. Musk said in a blog post late on Friday that his decision to scuttle the proposed deal was motivated in part by … Read More

Exclusive: Tesla’s board seeking more information on Musk’s fin...

08 August, 2018 10:45 am 10:45 am

(Reuters) – Tesla Inc’s board has not yet received a detailed financing plan from CEO Elon Musk, and is seeking more information about how he will take the U.S. electric car maker private in a proposed deal worth $72 billion, people familiar with the matter said on Thursday. While Tesla’s board has held multiple discussions … Read More