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The Latest Breaking News from Elon Musk

Texas Excludes Tesla From Its Extensive New EV Rebate Program

Even though Tesla and Elon Musk now call Texas their official home, the state won't offer rebates to consumers buying Teslas due to old franchised dealer laws.

InsideEVs

Why Tesla's Vehicles Cannot Avail EV Rebates In Home State Texas

Tesla, Inc.'s (NASDAQ: TSLA) electric vehicles may not be eligible for rebates in its adopted home state of Texas.

Benzinga

Elon Musk Warns China On 'Population Collapse:' Each Generation Will Lose 40% Of People

Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk has yet again expressed his concerns over population collapse. This time around, his concern was directed toward China, a country that is central to Tesla's growth thesis.

Benzinga

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Morning Brief: Top Financial Stories Dominating on Tuesday, June 7

Reuters

Benzinga

Elon Musk Threatens To Pull Out Of Twitter Deal Amid Bots Dispute

Musk claims Twitter "is actively resisting and thwarting his information rights (and the company’s corresponding obligations) under the merger agreement."

InsideEVs

Elon Musk, an erratic visionary, revels in contradiction

Many people are puzzling what a Elon Musk takeover of Twitter would mean for the company and even whether he’ll go through with the deal

The Independent UK

Elon Musk Says This Will Be Tesla's 'Best Product Ever'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Monday that he believes the hotly anticipated Cybertruck would be the electric vehicle maker’s best product ever.

Benzinga

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High-stakes California races will decide LA mayor and San Francisco recall

Analysts watch to see if voters in America’s more liberal cities will address police reform, homelessness and mass incarceration

The Guardian - US

Musk threatens to walk away from Twitter deal over fake accounts

Elon Musk's legal team has warned Twitter that the Tesla boss could walk away from a $44 billion deal to buy the social media giant, accusing it of breaching its contractual obligations by not sharing information about how fake accounts are calculated. We take a closer look. Plus, at its…

France 24

Chances Of Elon Musk Completing Twitter Deal Down To This Number, Says Munster

Loup Ventures' Gene Munster said on Monday he believes investor confidence in Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s bid to take-private Twitter Inc (NYSE:

Benzinga

Twitter Deal: Elon Musk threatens to 'abandon' deal over merger breach

Openly accusing Twitter of breaching the merger agreement, Elon Musk has threatened to walk away and call off the USD 44 billion acquisition of the social media company for not providing the data he has requested on spam and fake accounts. Read further on Dynamite News:

Dynamite News

Cathie Wood Trims Stake In This Warren Buffett-Backed Automaker And Laps Up Another $5M In Tesla

Cathie Wood-led Ark Investment Management on Monday sold shares in Chinese electric vehicle maker BYD Co (OTC: BYDDY) for the first time in nine months and scooped up more shares in Elon Musk-led Tesla Inc

Benzinga

Texas attorney general opens investigation of Twitter bots

Texas Attorney General Ken Paxton said he opened an investigation of Twitter, claiming the social media platform may be misleading people with false reporting of its bot accounts, violating the Texas Deceptive Trade Practices Act.

Tribune News Service

Morning Digest | OIC pursuing divisive agenda, says India; Elon Musk warns of dropping Twitter deal if data not provided, and more

A select list of stories to read before you start your day

The Hindu

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Benzinga

Texas Attorney General Launches Investigation Into Twitter Bots: What Investors Should Know

The attorney general of one of the largest states in the country is launching an investigation against social media network Twitter Inc (NYSE: TWTR). Here are the details.

ABC News

ASX plunges, Australian dollar briefly surges as Reserve Bank lifts interest rates by 0.5pc

The Australian dollar jumps briefly above 72 US cents as the Reserve Bank raises interest rates by 0.5pc to 0.85pc, while the share market slips 1.5 per cent, dragged down by banks.

The Independent UK

EXPLAINER: Is Elon Musk's deal to buy Twitter falling apart?

Elon Musk on Monday threatened to walk away from his $44 billion bid to buy Twitter, the latest sign that his plan to overhaul the social media platform may be really starting to fray

Benzinga

How Twitter Stock Has Traded Since Elon Musk Stepped In: 'He Realizes He Overpaid'

Has there ever been a company held hostage by tweets like the actual company that created them — Twitter Inc (NYSE: TWTR)?

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Benzinga

If You Invested $1,000 In Ethereum At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

Inverse

Scientists invent an edible solution to fake alcohol

In this edition of HORIZONS, read about a silk tag that lets drinkers authenticate their whiskey (and medication), expanded NASA contracts for SpaceX, and more.

Benzinga

Elon Musk Quotes The Tempest On Twitter, But Another Shakespeare Play Is His Favorite

The world’s richest person used lines from a William Shakespeare play in a post on the social media platform Twitter Inc (NYSE: TWTR). Here’s which play the lines were from, and which Shakespeare play is actually Musk’s favorite.

Al Jazeera

Musk threatens to ‘terminate’ Twitter deal over bot account data

Elon Musk’s lawyer accuses platform of ‘thwarting his information rights’ by not providing more data on fake accounts.

The Guardian - UK

Threat to bin Twitter deal over bots makes Elon Musk look like a time-waster

If Musk was truly worried about how Twitter measures the bots on its site he could have asked before he signed the deal

Asharq Al-Awsat

Musk Threatens to Walk Away from Twitter Deal

Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts. Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter dated Monday. That letter was included…

Evening Standard

Elon Musk threatens to scrap Twitter deal in dispute over spam accounts

Twitter says five per cent of its 229million accounts are bots, but Musk thinks the true figure is ‘much higher’ at around 20 per cent

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