Tag Archives: Elon Musk

Tesla Recalls 1.1M Cars Over Non-Reversing Windows

The Associated Press reports: Tesla is recalling nearly 1.1 million vehicles in the U.S. because the windows can pinch a person’s fingers when being rolled up. Tesla says in documents posted Thursday by U.S. safety regulators that the automatic window reversal system may not react correctly after detecting an obstruction. The National Highway Traffic Safety Administration says that’s a violation …

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Twitter To Depose Elon Musk Under Oath Next Week

The Guardian reports: Twitter will question Elon Musk under oath in Delaware next week as part of the litigation in the billionaire’s bid to walk away from his $44bn deal for the social media company. A Tuesday filing in Delaware’s court of chancery said Musk’s deposition is scheduled for 26-27 September and may stretch into 28 September if necessary. Each …

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Musk To Unveil Plan To Produce “Humanoid Robots”

Reuters reports: Tesla Chief Executive Elon Musk blamed overreliance on factory robots for sending the electric carmaker to “production hell” four years ago, saying humans were better at certain jobs. My, how times have changed. Musk’s Texas company now is floating ambitious plans to deploy thousands of humanoid robots, known as Tesla Bot or Optimus, within its factories, expanding eventually …

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Tesla Hit With Class Action Suit For Autopilot “Fraud”

USA Today reports: Drivers are suing electric car manufacturer Tesla, accusing the company of deceiving consumers about the abilities of its autopilot system, which is sold for thousands of dollars as an add-on to its cars. The class-action lawsuit filed this week in a California court by Tesla customer Briggs Matsko, who said he paid $5,000 for the autopilot upgrade …

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Twitter Shareholders Approve Musk’s Purchase Bid

CNBC reports: Twitter shareholders voted Tuesday to approve Elon Musk’s $44 billion bid to buy the company and take it private. The vote comes as Musk seeks to scrap the deal, casting doubt on Twitter’s self-reported percentage of fake accounts and alleging the company was not as forthcoming as it should have been with its explanation of the calculation. Twitter …

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Twitter Seeks Six Months Of Musk’s Text Messages

Bloomberg News reports: Twitter Inc. is asking a judge to order Elon Musk to turn over all of his text messages from the first six months of 2022, saying the billionaire wasn’t cooperating in exchanging evidence ahead of trial in the fight over his $44 billion buyout offer. The social-media company submitted the public proposed order in a Friday court …

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Musk Again Tries To Terminate Deal To Buy Twitter

Axios reports: Elon Musk’s lawyers on Monday sent a second deal termination letter to Twitter, a follow-up to his initial termination notice in July, this time citing recent allegations made by a Twitter whistleblower. Why it matters: Musk’s legal team is trying to leverage the allegations made by former Twitter security chief Peiter Zatko last week to defend Musk’s attempt …

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Musk Loses “Absurdly Broad” Demand For Twitter Data

The Verge reports: After a hearing on discovery requests from lawyers representing both Elon Musk and Twitter, Judge Kathaleen McCormick gave a firm “no” to the Musk team’s “absurdly broad” request in favor of a much smaller set of information. However, Twitter must hand over some additional data relating to how it calculates the “monetizable daily active users” (mDAU) statistic …

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Former Exec Claims Twitter Lied To Feds About Security

The Washington Post reports: Twitter executives deceived federal regulators and the company’s own board of directors about “extreme, egregious deficiencies” in its defenses against hackers, as well as its meager efforts to fight spam, according to an explosive whistleblower complaint from its former security chief. The complaint from former head of security Peiter Zatko, a widely admired hacker known as …

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Musk Subpoenas Former Twitter CEO In Latest Ploy

The Verge reports: As Twitter and Elon Musk prepare for their October 17th trial date in the Delaware Court of Chancery to argue over his attempt to break their $44 billion acquisition agreement, Musk’s legal team submitted a subpoena for evidence from a familiar face: former Twitter CEO Jack Dorsey. Dorsey stepped down as Twitter CEO for the second time …

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Musk Lawyers Subpoena Ad Tech Firms In Twitter Fight

Reuters reports: Billionaire entrepreneur Elon Musk, who is attempting to walk away from his deal to acquire Twitter, is seeking documents from advertising technology firms as part of his quest to gain more information on bot and spam accounts on Twitter, according to filings in a Delaware court on Thursday. Musk’s lawyers have subpoenaed both Integral Ad Science and DoubleVerify …

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Musk To GOP Leaders: Stay Out Of People’s Bedrooms

Axios reports: Elon Musk told GOP congressional leaders and big-dollar donors on Tuesday that Republicans need to present a more compassionate front to voters and appeal to immigrants like himself, Axios has learned. While Musk has been publicly flirting with the Republican Party all year, his attendance at an exclusive GOP retreat in Wyoming marks a new level of involvement …

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Musk Teases Creation Of Own Social Media Platform

The Hill reports: Elon Musk on Tuesday evening appeared to tease creating his own social media platform if he does not ultimately buy Twitter. “Have you thought about creating your own social platform?” Tesla Owners Silicon Valley asked the billionaire on Twitter. “If Twitter deal doesn’t come through.” “X.com,” Musk responded. In 1999, Musk co-founded an online financial services company …

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Musk Sells $6.9B In Tesla, Cites “Forced” Twitter Deal

Reuters reports: Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform. “In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t …

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Musk Challenges Twitter CEO To Public Debate On Bots

Reuters reports: Elon Musk on Saturday challenged Twitter Inc (TWTR.N) Chief Executive Officer Parag Agrawal to a public debate about the percentage of bots on the social media platform. “Let him prove to the public that Twitter has <5% fake or spam daily users!,” Musk said in a tweet. He also started a poll asking users whether less than 5% …

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Musk Claims He Was Tricked Into Signing Twitter Deal

Reuters reports: Twitter Inc on Thursday dismissed Elon Musk’s claims in a Delaware court filing that he was hoodwinked into signing the deal to buy the social media company, saying that it was “implausible and contrary to fact.” Musk made the claims in a countersuit filed under seal last Friday, which was made public on Thursday. “According to Musk, he …

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CA Accuses Tesla Of Falsely Advertising Self-Driving

The Los Angeles Times reports: The California Department of Motor Vehicles has accused Tesla of false advertising in its promotion of the company’s signature Autopilot and Full Self-Driving technologies. The agency alleges the electric carmaker misled customers with advertising language on its website describing Autopilot and Full Self-Driving technologies as more capable than they actually are. The company “made or …

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Twitter Hits Musk’s Billionaire Pals With Subpoenas

The Insider reports: Twitter has issued a slew of subpoenas to some of Silicon Valley’s biggest names amid its legal battle with Elon Musk. Twitter sent legal requests to billionaire investors Chamath Palihapitiya and Marc Andreessen on Monday. Twitter also subpoenaed one of the entrepreneurs that helped Musk found PayPal, David Sacks, SpaceX and Tesla board member Stephen Jurvetson, as …

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Bloomberg: Elon Musk’s Assholery Is Hurting Tesla

Bloomberg News reports: Elon Musk’s behavior is putting off prospective customers and perturbing some Tesla owners. The trends have shown up in one consumer survey and market research report after another: Tesla commands high brand awareness, consideration and loyalty. fusk’s antics, on the other hand? They could do without. Creative Strategies, a California-based customer-experience measurer, mentioned owner frustration with Musk …

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Twitter Seeks Shareholder Approval For Musk Deal

Ars Technica reports: Twitter is moving ahead with a shareholder vote on the merger with Elon Musk a few weeks before its lawsuit against Musk goes to trial. Twitter yesterday sent a letter to shareholders inviting them to a September 13 special meeting where they will be asked to approve the merger agreement that Musk is now trying to get …

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