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The Latest Breaking News from Elon Musk

Musk Friends And Billionaires Top Twitter's Subpoena In Latest Trial Twist: Palihapitiya, Palantir Founder Among Targets

A new subpoena from Twitter Inc (NYSE: TWTR) is requesting information from friends of Elon Musk in the battle between the social media platform and Tesla Inc (NASDAQ: TSLA) over a proposed $44 billion

Benzinga

'Historically, Housing Has Led Us Into Every Recession Since WWII' - National Association Of Home Builders CEO Jerry Howard, Echos Elon Musk, Shares Grim Outlook

Jerry Howard, NAHB CEO, has plenty of experience in the housing industry. Prior to joining NAHB, Jerry served as the Chief Lobbyist for the National Council of State Housing Agencies. For over a quarter of a century, Jerry has been analyzing the housing market.

Benzinga

What are automotive 'over-the-air' updates? A marketing professor explains

Whenever automakers discover that a vehicle has a defect or does not comply with U.S. laws, they must notify the National Highway Traffic Safety Administration and mail a notice to each customer who owns or leases the affected vehicles. Automakers must also recall those cars, trucks or SUVs – which…

The Conversation

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Elon Musk gave him and two-year-old son X AE A-XII matching haircuts

The Tesla CEO shared a throwback snap on Twitter

The Independent UK

3 Social Media Stocks Your Portfolio Won't Like Right Now

The social media sector anticipates a slower pace of ad sales growth as analysts expect a weaker economic outlook could drag down marketing spending. Hence, it would be wise to avoid fundamentally weak stocks, Nextdoor Holdings (KIND), Twitter (TWTR), and Bumble (BMBL). Read on….

StockNews.com

Elon Musk’s father says he isn’t proud of his son

When asked if he’s proud of his son’s accomplishments, Errol Musk says: ‘No … we are a family that have been doing a lot of things’

The Guardian - US

Elon Musk's dad says he's not proud of his son who has 'really surpassed the mark'

Errol Musk, father of Tesla founder and billionaire Elon, spoke about his family on an Australian radio show, and said all his kids had done and seen a lot of things

Daily Mirror

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Tesla's Elon Musk Countersues Twitter Over $44 Billion Deal

Twitter sued Musk to try to force him to follow through with the deal. Musk wants more time, and hopes to prove Twitter wasn't transparent with its disclosures.

InsideEVs

Elon Musk’s father says he is not proud of his billionaire son: ‘He feels like he’s behind schedule’

Errol Musk says famous son is behind schedule. ‘Where he is now, he would have liked to have been there five years ago’

The Independent UK

Elon Musk May Sell More Tesla Stock, His Top Spot On Billionaires List Could Be Short-Lived: Survey

Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk may end up not buying Twitter, Inc. (NYSE: TWTR) but he could continue to offload his Tesla stake, results of the Bloomberg MLIV Pulse survey showed.

Benzinga

Cathie Wood Calls The Bottom, Buterin Says Meta Will 'Misfire' On Metaverse, Musk Hits Back With Countersuit Plus 5 Key Stories You May Have Missed This Weekend

Here's a recap of a few major headlines that hit the wire over the weekend.

Benzinga

Twitter vs Elon Musk: Tesla CEO says engagement on microblogging site dropped

Tesla CEO Elon Musk said that the "interaction with almost all Twitter accounts seem to be much lower lately. Read more on Dynamite News:

Dynamite News

Celebrities and tourists are flooding into Greece. But a harsh winter isn’t far off

Despite a huge increase in visitor numbers this summer, the Greek economy remains fragile and vulnerable

The Guardian - UK

Elon Musk Reportedly Wants To Build His Own Airport Outside Austin

Tesla CEO Elon Musk wants to build his own airport just outside of Austin, according to reports.

InsideEVs

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Benzinga

Week's Biggest EV Stories: Manchin-Schumer Lift To Industry, Apple Brisk With Car Patent Filings, Ford Delivers In Q2, GM's Green Bond Sales, Rivian's Struggles And More

Electric vehicle stocks had a mixed close in the week ending July 29, although market leader Tesla, Inc. (NASDAQ: TSLA) managed to build on its gains. Chinese EV stocks and some pure-play U.S. startups came under selling pressure despite a positive development on EV tax credits.

Evening Standard

Elon Musk countersues Twitter in bid to walk away from $44bn takeover deal

Elon Musk has countersued Twitter on Friday in an escalation of his legal fight against the company in a bid to walk away from the $44bn (£36.1bn) deal.

Benzinga

Did Elon Musk Predict The US Recession?

Ask economists, analysts and the White House if the United States is in a recession, and you will get different answers. With the U.S. posting two straight quarters of negative GDP growth, one definition of a recession was hit this week. Did the world’s richest man correctly predict a recession?

Benzinga

'Wikipedia Is Losing Its Objectivity': Elon Musk Responds To Recession Definition Changing, Page Being Locked

Free community based online encyclopedia Wikipedia allows users to update sites with information and facts. Sometimes users take things too far and post funny items or inaccurate information. In the case of the word “recession,” multiple attempts to change the definition led to the page being locked.

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Dynamite News

Business: Elon Musk files response and countersuit against Twitter

According to reports one of the counterclaims by Musk is expected to center on the allegation that Twitter changed its number of monetizable daily active users shortly after agreeing to the deal, and then didn’t provide thorough responses to requests by Musk’s team for data on the spam number. Read…

Tribune News Service

Musk files defense under seal as Twitter trial set for Oct. 17

Twitter Inc.’s lawsuit against Elon Musk over a canceled $44 billion buyout of the social media platform is set for a five-day trial starting Oct. 17 in Delaware, with the billionaire filing his defense and counterclaims under seal.

Benzinga

America's Least Philanthropic Billionaires: Scrooges Of The Forbes 400

Editor's note: This story has been edited to reflect an update by Forbes to Tesla CEO Elon Musk's philanthropy ranking that removed him from the list of the least generous billionaires. Original publication: 2018. For the first time, the Forbes 400 list includes a generosity ranking.

Benzinga

Dogecoin Daily: Price Intact Despite Talk Of Recession, What Co-Founder Has To Say

Dogecoin (CRYPTO: DOGE) traded 2.6% higher at $0.07 over 24 hours leading up to early Friday morning DOGE traded higher alongside other major coins as the global cryptocurrency market cap rose 4.2% to $1.1 trillion.

Benzinga

Benzinga Before The Bell: Apple's Latest Move For Self-Driving Car Project, Monkeypox Is A National Emergency, Spirit-Jet Blue Merger And Other Top Financial Stories Thursday, July 28

Reuters

Al Jazeera

China’s BYD was written off by Elon Musk. Now it’s beating Tesla

Shenzhen-based electric carmaker sold more than 641,000 vehicles in the first half of 2022.

The Independent UK

Elon Musk says Sergey Brin’s ex-wife should sue Wall Street Journal over affair report

Tesla boss has strongly denied the newspaper’s claims and branded it a ‘hit piece’

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