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Elon Musk says he is taking legal action against the holder of a Twitter account that tracked his private jet, arguing it put his son at risk.
The @ElonJet account, which has more than half a million followers, was suspended on Wednesday. Its owner, 20-year-old Jack Sweeney, used publicly available flight-tracking information to tweet when Mr. Musk’s jet took off and landed.
In April, Tesla Inc TSLA CEO Elon Musk said he was done selling Tesla shares to help finance his ongoing overhaul at Twitter.
Since then, he jettisoned more than $20 billion worth of Tesla stock and has continued the selling spree this week.
As the stock continues to skid, Jim Cramer sees an electric buying opportunity.
The buzz will likely ramp up even more when OpenAI releases a superior next version of the A.I. chatbot, reportedly sometime next year.
Speaking of buzz, few people have been generating more of it lately than Elon Musk, who leads Tesla, SpaceX, and now Twitter, among other companies. As it turns out, Musk has ties to OpenAI, including as an original backer, and has been involved in both supporting artificial intelligence and warning about its dangers.
This month Musk called ChatGPT “scary good” and warned, “We are not far from dangerously strong AI.”
The mission was also China’s first liftoff of a commercially developed liquid propellant rocket.
Chinese launch company LandSpace was touted to be akin to Elon Musk’s SpaceX. They were preparing a satellite launch that could beat Musk’s company with a methane-fueled rocket, reported Bloomberg.
Unfortunately, on Wednesday, the world’s first methane-fueled expendable rocket to be launched toward orbit failed to reach its goal. Hopes were high as the mission was also China’s first liftoff of a commercially developed liquid propellant rocket.
Making the total amount of sold Tesla stocks nearly $40 billion over the past year.
Tesla CEO, Elon Musk, has been on a selling spree of his company’s stock this year. Earlier this week, Musk sold 22 million shares over a period of three days, a filing with the U.S. financial regulator has revealed, the BBC
Musk, who rose to the top of the world’s wealthiest people list last year riding on Tesla stock price, has spent most of 2022 dealing with this start-again-stop-again campaign to acquire Twitter. Musk, who was quite secretive about acquiring Twitter stock at the beginning of the year, shocked many by declaring his intent to buy out the social media company and take it private.
Top Tesla investors are growing frustrated with billionaire Elon Musk’s focus on Twitter as the electric car company’s stock prices continue to fall this month.
What is the point of all that wealth if you don’t get to be petty?
Twitter blocked links to Jack Sweeney’s Instagram and Facebook accounts tracking Elon Musk’s jet and announced an updated privacy policy.
Musk’s attention to Twitter is hurting his bread and butter.
Since September last year, Elon Musk has been regarded as the world’s richest person. The stock price of the electric vehicle-making company Tesla has been the sole reason behind his dramatic rise to the top. With Tesla stock dropping 50 percent value since the beginning of the year, Musk has now dropped to number two on the list of the world’s richest people, Bloomberg.
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It’s been just over a month since Elon Musk moved ahead with a $44 billion-dollar deal to buy Twitter and take the company private. These have been eventful weeks: Layoffs and resignations roughly halved the headcount at the company. Major changes to the service (Twitter Blue) have been rolled out only to be almost immediately rolled back, and Musk has begun to outline a new vision for what the company might become. On top of that, thousands of banned accounts have been reinstated, advertising is way down, and users have speculated about the service’s impending collapse and searched out alternatives.
Changing the strategic direction of an existing company is among the hardest management challenges out there. Most attempts fail. In trying to remake Twitter, Elon Musk has a daunting task ahead of him. There’s precedent, however, for dramatically reimagining a major tech company: Steve Jobs’ transformation of Apple after he returned to the company in 1997. And it may have important lessons for how Musk — and other leaders — can navigate the period of painful misalignment that comes with strategic change. Namely, how this period requires managers to commit to tough decisions in three areas: product, organization, and stakeholders.
Page-utils class= article-utils—vertical hide-for-print data-js-target= page-utils data-id= tag: blogs.harvardbusiness.org, 2007/03/31:999.345768 data-title= What Elon Musk Can Learn from Steve Jobs’s Return to Apple data-url=/2022/12/what-elon-musk-can-learn-from-steve-jobss-return-to-apple data-topic= Strategy data-authors= Andy Wu; Goran Calic data-content-type= Digital Article data-content-image=/resources/images/article_assets/2022/12/Dec22_13_1245242394-383x215.jpg data-summary=
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