Elon Musk ignored multiple warnings about U.S. securities disclosure obligations related to his increasing stake in Twitter in 2022, according to a Morgan Stanley executive who assisted Musk in secretly acquiring shares in the social media company, a lawsuit alleges. The lawsuit claims Musk and his associate, Jared Birchall, were aware of and discussed the…
Tesla and SpaceX CEO Elon Musk has criticized Meta-owned WhatsApp, alleging that the messaging app exports users’ data every night. This claim came in response to a post on X (formerly known as Twitter), where a user suggested that WhatsApp exports user data nightly, which is then analyzed and used for targeted advertising, effectively turning…
Tesla is set to lay off over 10% of its electric vehicle workforce worldwide. This came following a disappointing Q1 delivery report, Tesla announced a substantial reduction in staff, mirroring actions taken by both traditional automakers and pure-play electric vehicle manufacturers, as outlined in an internal memo. According to a memo initially disclosed by news…
