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The Latest Breaking News from Elon Musk

Morning Digest | Inflation soars near eight-year high to 7.8% in April; 90 lakh Ujjwala scheme beneficiaries do not get refills, and more

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

The Hindu

Neither Trump Nor Biden, Elon Musk Wants A 2024 Presidential Candidate Who Isn't '8000 Years Old'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said President Joe Biden is mistaken in thinking he was elected to “transform the country.”

Benzinga

Elon Musk says Biden beat Trump as the country ‘just wanted less drama’

Tesla boss says current president mistakenly thinks he ‘was elected to transform the country’

The Independent UK

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Much Currency! Much Wow! Why Dogecoin Could Be Getting Another Elon Musk-Fueled Lift Thursday

Meme cryptocurrency Dogecoin (CRYPTO: DOGE) is no stranger to sudden spikes in its price.

Benzinga

Elon Musk seeks to scrap Tesla margin loan with new Twitter funding

Elon Musk is in talks to raise enough equity and preferred financing for his proposed buyout of Twitter Inc. to eliminate the need for any margin loan linked to his Tesla Inc. shares, according to people with knowledge of the matter.

Tribune News Service

Sharon Osbourne gives thumbs up to Elon Musk's plan to get Donald Trump back on Twitter

Sharon Osbourne has said everyone has the right to be on Twitter, "even the Taliban", as she backed Elon Musk's proposal to reverse Twitter's ban on Donald Trump.

Daily Mirror

Tesla, Twitter shares drop as Elon Musk's legal issues grow

Shares of Tesla and Twitter have tumbled this week

The Independent UK

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Twitter CEO Sends Execs Packing, Suspends Hiring: What Investors Need To Know

Twitter Inc (NASDAQ: TWTR) is pausing hiring amid the departure of two company executives.

Benzinga

Managers fired from Twitter amid Musk buyout turmoil

In the latest sign of turmoil inside Twitter amid Elon Musk's planned buyout of the company, a Twitter general manager, Kayvon Beykpour, is leaving after 7 years

The Independent UK

Twitter CEO Says Two Leaders to Depart

Two senior Twitter leaders who oversee the consumer and revenue divisions will depart the social media company, chief executive Parag Agrawal told employees in a memo on Thursday, in one of the biggest shake-ups at the firm since billionaire Elon Musk announced he would buy Twitter for $44 billion. Agrawal…

Asharq Al-Awsat

If You Shorted Dogecoin When Tesla CEO Elon Musk Hosted 'SNL,' Here's How Much You'd Have Now

It’s no secret meme cryptocurrency Dogecoin (CRYPTO: DOGE) fell sharply after Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's perfo

Benzinga

Twitter freezes hiring, rescinds some offers as top execs depart

The announcement comes as Twitter faces a complicated takeover bid from Elon Musk.

Axios

It’s a bad year to be fantastically rich

Five billionaires — Elon Musk and Jeff Bezos among them — have each lost more than $50 billion this year alone.

Axios

Court revives Texas GOP social media law

Ruling came from a panel of judges considered the most conservative appeals court in the country

Salon

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Benzinga

Cathie Wood Puts In Another $29M In Coinbase, Showing Conviction In Crypto Stock Amid Sell-Off

Cathie Wood-led Ark Investment Management on Wednesday further raised its exposure in Coinbase Global Inc (NASDAQ: COIN) on the day shares of the cryptocurrency exchange crashed after it reported a first-quarter loss and a significant drop in trading volume.

The Guardian - US

Elon Musk praises Chinese workers for ‘burning the 3am oil’ – here’s what that really looks like

Tesla’s massive Shanghai ‘Giga-factory’ pushes its workers to the limit to meet production targets amid an ongoing pandemic lockdown

The Independent UK

Who will testify when Johnny Depp v Amber Heard trial resumes?

Trial will resume on 16 May after one-week hiatus

The Conversation

Elon Musk could roll back social media moderation – just as we're learning how it can stop misinformation

The US$44 billion (£36 billion) purchase of Twitter by “free speech absolutist” Elon Musk has many people worried. The concern is the site will start moderating content less and spreading misinformation more, especially after his announcement that he would reverse the former US president Donald Trump’s ban.

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news in one place.

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The Independent UK

Ukrainian fighter trapped in Mariupol steelworks pleads for Elon Musk to help

‘If not you, then who?’ fighter asks as survivors fear death in sprawling steel plant

Birmingham Post

'Liberals' are showing their true intolerant nature after the furore over Elon Musk's takeover of Twitter

The outcry from the left over Elon Musk's takeover of Twitter shows how 'wokeism' and cancel culture has gone too far, says entrepreneur Sarah John

The Independent UK

Japan's SoftBank sinks to losses as investments sour

Japanese technology company SoftBank Group has dropped into losses as the value of its investments declines

Reuters

Ukrainian fighter trapped in Mariupol steel plant asks Elon Musk for help

One of the fighters holed up in a steelworks besieged by Russian forces in the Ukrainian city of Mariupol has appealed to SpaceX billionaire Elon Musk to help evacuate them.

Benzinga

Elon Musk Suggests You Use Chronological Tweets Feature Over Whatever 'The Algorithm' Suggests

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Wednesday favored the chronological order of tweets rather than the algorithm-driven option.

The Guardian - UK

Thursday briefing: The fossil fuel projects that could blow our carbon budget

In today’s newsletter: Archie Bland hears from Guardian environment editor Damian Carrington about new oil and gas plans which will contribute billions of tonnes of emissions

The Guardian - UK

Russia-Ukraine war: UN calls for end to school strikes after nearly 100 child deaths in April; EU to consider Ukraine’s membership – as it happened

UN verifies nearly 100 child killings but says figure likely higher; Ukraine’s EU application to be assessed in June, says France

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