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Post by Admin on Dec 9, 2022 18:44:48 GMT
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Post by Admin on Dec 19, 2022 20:21:10 GMT
Twitter users have voted in favour of Elon Musk stepping down as the platform's chief executive after the billionaire ran a poll on his future.
A total of 57.5% voted "yes" after Mr Musk asked his 122 million followers whether he should stand down.
Mr Musk, who bought Twitter for $44bn (£36bn), said before the poll closed that he would abide by the result.
The technology tycoon, who also runs Tesla and Space X, has faced much criticism since taking over the site.
Mr Musk is yet to comment since the poll closed. Even if he were to resign as chief executive, he would remain as Twitter's owner.
More than 17.5 million users voted in his poll on Monday, with 42.5% voting no to Mr Musk stepping down.
In the past Mr Musk has obeyed Twitter polls. He's fond of quoting the phrase "vox populi, vox dei", a Latin phrase which roughly means "the voice of the people is the voice of God".
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Post by Admin on Dec 29, 2022 1:59:37 GMT
Electric vehicle manufacturer Tesla is hitting a new low and its stock on track for its worst annual performance. Economists and analysts suggest that Elon Musk is to blame with his Twitter takeover, which took his focus off Tesla.
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Post by Admin on Jan 1, 2023 1:11:07 GMT
It was a year of many ups and downs for Elon Musk. Apart from being the Tesla Chief and the Twitter CEO, the man has been in the news throughout 2022 and now he's become the first person in history to lose 200 billion dollars.
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Post by Admin on Jan 18, 2023 18:06:31 GMT
Elon Musk is being sued by Tesla shareholders arguing he manipulated the firm's share price.
The case centres on tweets from 2018, saying that he would take Tesla private. US regulators removed Mr Musk as Tesla chairman because of the posts.
However, the Tesla CEO argued he believed that he had secured funding from Saudi Arabia's Investment Fund, and did not commit securities fraud.
Mr Musk said he cannot get a fair trial in San Francisco.
He wanted the trial to take place in Texas - where he has moved Tesla's headquarters - but that was rejected and a jury has been selected.
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