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The Latest Breaking News from Elon Musk

Musk accused of insider trading (again) to rake in $124M from Dogecoin sales

The latest amendment to a June 2022 lawsuit alleges two wallets controlled by Musk sold 1.4 billion Dogecoin when he used his social network to deliberately pump the price.

Fortune

Delhi Police gives 'purr-fect' reply to Elon Musk's tweet on 'police cats'

NEW DELHI: Billionaire Elon Musk's quirky tweet about his son Lil X asking if 'police cats' exist has received a "purr-fect" reply from the Delhi Police and wacky responses from netizens.

The Times of India

Rumors Of Tesla Model 3 Revamp Reveal Die Out As Musk Ends China Trip

Musk wrapped up his two-day China visit after meeting high-ranking state officials and stopping by Giga Shanghai, but Project Highland was nowhere to be seen.

InsideEVs

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Musk Breaks 2-Day Twitter Silence After China Trip With Post Praising SpaceX: ’38 Astronauts To Orbit So Far!’

After a two-day silence on Twitter during his visit to China, Elon Musk took to the platform on Thursday

Zenger

Elon Musk Concludes China Trip With Promising Talks As Tesla Expands In The Country

Tesla CEO Elon Musk left Shanghai on Thursday morning local time after his first visit to China in three years.

Zenger

Shark Tank star Barbara Corcoran says Elon Musk is right about the real estate market

Corcoran is predicting a "bloodbath" before the sector gets any better.

Fortune

'It warms my heart': Elon Musk thanks Shanghai workers for meeting at midnight

Elon Musk made a near-midnight stop to Tesla's Shanghai factory on Wednesday night, near the end of his short trip to China.

Fortune

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Elon Musk convinced 19 luminary investors to help him buy Twitter. Here’s what their stakes are worth now.

Filings from Fidelity estimate that the company is worth one third what investors paid for their stakes.

Fortune

First Thing: US debt ceiling deal passes Senate, averting catastrophic federal default

Days before the 5 June default deadline, Joe Biden has indicated he will sign the bill as soon as it reaches his desk. Plus, the work of Bruno Pereira and Dom Phillips goes on in the Amazon

The Guardian - UK

Elon Musk convinced pals Marc Andressen, Changpeng Zhao and Prince Al Waleed to invest in Twitter. They’re down 67%, according to a new Fidelity filing

Musk rallied arguably the most prestigious roster of technology superstars ever assembled for a single investment. It hasn't gone well so far.

Fortune

Twitter's Head of Trust Ella Irwin resigns, becomes second to quit the job since Elon Musk takeover

Twitter's head of safety and content moderation, Ella Irwin, says she has resigned, becoming the second executive to quit the role since Elon Musk bought the social media company in October.

ABC News

Elon Musk's Twitter loses another trust and safety head as Ella Irwin resigns

The latest exec to quit Twitter comes after a controversy over a Daily Wire video that misgenders trans people.

Axios

DeSantis Signs Law Allowing Himself Run For President Without Resigning

Shortly before a glitch-plagued presidential campaign announcement, Ron DeSantis signed a law to make his campaign possible.

Zenger

Elon Musk’s Twitter Labeled ‘Febrile Circus’ By CNN — Billionaire Hits Back

Twitter owner Elon Musk expressed his support for "untamed free speech," in response to a tweet by blogger Alex Voight.

Zenger

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iMore

Elon Musk has lost Twitter over $30 billion in less than a year

Since Elon Musk bought Twitter for $44bn less than a year ago, its value has plummeted.

The Guardian - UK

Twitter and Tesla’s interests at odds in Elon Musk’s quiet China visit

The world’s richest person lapsed into an unusual silence on social media during his trip to the electric carmaker’s second largest market

The Guardian - UK

Elon Musk reclaims title of world’s richest person

Maverick head of Tesla and Twitter overtakes French billionaire Bernard Arnault, head of the LVMH luxury goods empire

Reason

Josh Hawley Wants the Government To Silence A.I.

The Missouri senator is once again pursuing misguided tech regulation.

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TechRadar

Reddit follows Twitter in killing off actually good apps by using monstrous fees

Reddit has copied Twitter’s decision to squeeze developers via API fees, throwing third-party apps into uncertainty.

Fortune

How did Bernard Arnault make his money?

Following Arnault’s buyout of Boussac, the billionaire fired 9,000 people working for the company, sold off most of the group’s assets (except the Dior brand), and earned the nickname “the Terminator.”

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Thursday

Shenzhen Component Index closed up 0.39%

InsideEVs

Tesla Model 3 “Highland” To Be Revealed By Musk In China Today: Report

Tesla will give an early glimpse of the facelifted Model 3 “Highland” in Shanghai, as part of Elon Musk’s visit to China this week, according to a report published by Bloomberg, citing people familiar with the matter.

France 24

Musk wraps up two-day China visit aimed at boosting Tesla sales

A private jet belonging to Tesla CEO Elon Musk departed Shanghai on Thursday, Chinese flight-tracking data showed, as the tycoon wraps up a visit to China that has seen him express hopes to expand business in the world's largest market for electric vehicles.

The Times of India

Elon Musk stays away from Twitter for longest in a year during China trip

Elon Musk, a prolific presence on Twitter and owner of the social media platform, didn’t send any tweets while he was in China for his first visit since the pandemic.

Fortune

A group flagged 'hate' tweets from Twitter Blue users and says Twitter didn't act for days

According to a new report from the Center for Countering Digital Hate (CCDH), racist and abusive tweets from users with the Blue checkmark were not taken down by Twitter for several days after being flagged as offensive.

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