Mother Jones illustration; Patrick Pleul/Pool/AP; Getty Theres a piece in todays Wall Street Journal about how billionaires like Elon Musk are now whining about Delawarewhich literally has more corporations than peoplebecause it imposes too many rules. Musk is fretting because a Delaware business court ruled that his $50 billion-plus Tesla compensation package, which was approved by a loyalist board, was excessive and therefore unfair to shareholders who had sued to stop it. As the New York Times reported, the judge deemed the approval process deeply flawed and voided Musks contract, calling it the largest potential compensation plan in the history of public markets Continue reading →

@ElonJet was an account run by a 21-year-old college student Jack Sweeney. (File) A seemingly simple decision by Parag Agrawal, former CEO of the social media platform previously known as Twitter, may have led to Elon Musk's eventual takeover in January 2022. A Bloombergreport onan upcoming bookBattle For The Birdindicates that Musk began his quest to acquire Twitter after Mr Agrawal denied his request to suspend the handle @ElonJet Continue reading →

Tesla CEO Elon Musk speaks at a conference in Paris on June 16, 2023. Continue reading →

In a followup to a tentative ruling made in December, a federal judge has ordered Elon Musk to comply with the U.S. Securities and Exchange Commission's (SEC) subpoena and testify again in its probe of his Twitter takeover, Reuters reports Continue reading →

Elon Musk is still trying to make X audio and video calls happen, even though, like the infamous fetch, we all know its not going to happen. His latest tactic: Giving up his phone number and using X exclusively for calls and texts. How to negotiate salary going into a new job | Your Wallet In a few months, I will discontinue my phone number and only use X for texts and audio/video calls, the billionaire said on X, the platform formerly known as Twitter, in an early morning tweet on Friday. Continue reading →

Elon Musk poked the Walt Disney Company anew on Tuesday by agreeing to fund a wrongful-termination lawsuit filed by the Mandalorian actress Gina Carano. Continue reading →

Elon Musk the world's richest person said he's going to ditch his phone number and move all his communications over to X, the social media app he owns. "In a few months, I will discontinue my phone number and only use X for texts and audio/video calls," Musk wrote on where else? Continue reading →

As Tesla Inc TSLA struggles with plummeting stock prices, investors are questioning its place among the Magnificent Seven tech stocks that have been driving the S&P 500 Index to new heights. What Happened: Tesla, once a key player in the Magnificent Seven, is now grappling with a significant drop in its stock price Continue reading →

The targeted firings of talented engineers tanked employee morale. Randall Lin worried the dour mood would impact peoples work. Continue reading →

Elon Musk has been ordered to testify for a third time in the Securities and Exchange Commissions investigation of his purchase of Twitterdespite his claim that the regulator is harassing him. Musk and the SEC have a week to set up a time and date for the worlds richest mans four-hour deposition or the judge will do it for them. U.S Continue reading →