April 2022

Elon Musk has a ‘Plan B’ as Twitter board ponders ‘poison pill’

Tesla CEO Elon Musk said that if Twitter’s board does not accept the terms of his buyout offer, there is a “Plan B.” During Musk’s appearance at TED 2022, the Tesla CEO, who is also Twitter’s largest shareholder, was grilled about his proposal to buy the social media platform at $54.20 per share on Thursday

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Elon Musk blasts the SEC for 2018 decree: ‘That’s like having a gun to your child’s head’

Tesla CEO Elon Musk detailed the “precarious” situation the electric automaker was in as he contemplated the Securities and Exchange Committee’s consent decree from 2018. Musk said that not agreeing to the SEC’s terms would have ended Tesla’s ability to obtain working capital from financial institutions, killing the company. “It’s like having a gun to

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Elon Musk says Twitter buyout inspired by need for ‘inclusive arena for free speech’

During Tesla CEO Elon Musk’s TED talk today, he detailed his offer to buy Twitter, stating the social media platform is needed because it is an “inclusive arena for free speech.” On Thursday morning, Musk made an offer to buy Twitter for $54.20 per share, bringing the value of the platform to around $43 billion.

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Tesla’s Boombox feature triggers “recall” from the NHTSA — again

It appears that Tesla’s Boombox function has caught the ire of the National Highway Traffic Safety Administration (NHTSA) again. In a new Safety Recall Report, the NHTSA set its sights on Tesla’s Boombox once more, this time focusing on the risks of the function when the company’s vehicles are using their Summon or Smart Summon

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Liminal raises $8 million in Series A financing for its battery intelligence platform

Battery manufacturing intelligence provider Feasible has renamed itself Liminal, and raised $8 million in a Series A financing round, co-led by Good Growth Capital and The University of Tokyo Edge Capital Partners. Liminal will use the new funding to accelerate deployment of its product to battery manufacturers and automakers. Liminal’s battery intelligence platform, EchoStat, uses

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