Tag: Startup

Elon Musk is almost everywhere.  Not a day goes by that he doesn’t tweet. When it’s not news about one of his multiple companies — Tesla  (TSLA) – Get Tesla Inc Report, SpaceX, The Boring Company, Neuralink — he posts about politics, geopolitical affairs, or engages with his millions of followers on a variety of topics,…

Elon Musk took out his firefighter costume.  Tesla  (TSLA) – Get Tesla Inc Report CEO tries to put out the fire he himself started about the manufacturer of high-end electric vehicles. The billionaire entrepreneur sent an email on June 3 to Tesla employees in which he told them about cost-cutting measures in the face of the…

Elon Musk doesn’t like unions and does not hide it. He is opposed to the creation of a union at Tesla, and will do anything to make unionization efforts fail. His favorite argument is that the manufacturer of electric vehicles offers among the most attractive working conditions and wages and benefits. His aversion to unions…

Share to FacebookShare to TwitterShare to LinkedinTopline Tesla CEO Elon Musk’s ultimatum for employees to return to the office for at least 40 hours per week—or else—started a Twitter spat with Atlassian’s billionaire CEO Scott Farquhar, who said Tesla’s directive was “like something out of the 1950s” and suggested he would be happy for Tesla…

Share to FacebookShare to TwitterShare to LinkedinTopline Tesla CEO Elon Musk wants to lay off around 10% of Tesla’s workforce due to his concerns about the state of the global economy, Reuters reported on Friday citing an internal email sent to company executives, a move that could see thousands of workers at the electric car…

Big tech is experiencing a big shift in C-Suite talent as high ranking executives from some of the world’s largest companies take their leave.  Amazon is the latest company to announce a big shift as Consumer Chief Dave Clark resigns from Amazon  (AMZN) – Get Amazon.com, Inc. Report after 23 years at with company.  Clark’s resignation…

Share to FacebookShare to TwitterShare to Linkedin Arnav Bathla in San Francisco, California Arnav Bathla 21-year-old Arnav Bathla had dropped out of college, made a bold move of moving to the United States with a one-way ticket, and founded Coinbooks, a San Francisco-based Web3 startup, building an accounting software designed for crypto-native organizations. The company,…

Updated at 8:09 am EST Tesla  (TSLA) – Get Tesla Inc Report shares moved lower Friday following a report that suggested CEO Elon Musk is looking to pare around 10% of the carmaker’s global workforce. Musk, who just days ago excoriated Tesla executives who wished to work from home, told employees he has a “super bad…

Here are five things you must know for Friday, June 3: 1. — Stock Futures Edge Lower With Jobs Data In Focus  U.S. equity futures edged lower Friday, while the dollar held steady against its global peers, as investors braced for a key reading of the domestic job markets amid increasing concerns over the pace of…

The first half of 2022 hasn’t been kind to biotech stocks, but the pain has been especially acute for the smallest drug developers with the earliest-stage pipelines. Although corrected valuations have led many to suggest increased levels of mergers and acquisitions are ahead, that hasn’t happened yet. That means small-cap biotech stocks need to rely…