Will Musk defy his critics again in Twitter battle? Saudi Arabian Prince Reject Musk Bid

Saudi Arabia's Prince Alwaleed bin Talal has threatened to make life difficult. As one of Twitter's long-term major investors, he said Musk's offer of $ 43bn was not in line with Twitter's "internal value".

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Elon Musk thinks Twitter’s algorithm should be public. Here’s what that could mean

On March 24, a few weeks before he promised to buy Twitter, Elon Musk posted a survey on social media: "Twitter's algorithm should be open source," he wrote, with ways for users to vote "yes" or "no."   Some Twitter technology is already open source, which means it is publicly available for anyone to ...

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Amazon ordered to reinstate warehouse worker who was fired after protest

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Johnson & Johnson (JNJ) downgraded its leadership in 2022 on Tuesday and reduced its Covid vaccination vision - but JNJ's stock came to light.     In the first quarter, Johnson & Johnson's Covid vaccine generated $ 457 million in sales. But mo...

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Here's how much private equity firms could pay in Twitter bidding war with Elon Musk

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Private equity may be set aside for additional donations to help break Twitter in the extended hand of millionaire Elon Musk.   A source familiar with the matter tells that Apollo Global Management (the parent company of Yahoo Finance) is analyzing options to provide potential subscribers with an agreement to keep Twitter private. The private equity powerhouse does not plan to buy Twitter directly, the sourc...

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Mercedes-Benz Unveils New Weapon to Challenge Tesla

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Stock market news live updates: Stocks rise as investors weigh flurry of earnings, downgraded IMF forecast

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U.S. stocks rose Tuesday as investors reviewed earnings reports and a revised International Monetary Fund (IMF) forecast that the global economy would shrink sharply during the Russian invasion of Ukraine.   The S&P 500 is up 1.3%, marking its best day...

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Twitter Shares Rise As Elon Musk & Jack Dorsey Slam Board Amid Speculation On Rival Bids

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Twitter stocks rose sharply on Monday, approaching Elon Musk's $ 54.20-per share request, as he spoke harshly to the company board amid rumors that some bids could be made.   Shares rose almost 7.5% to close at $ 48.45 on the second full trading day from Thursday, when the CEO of Tesla made what he called the "last and la...

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Elon Musk Hints At Tender Offer, Board Elimination In Latest Twitter Drama Twist; Stock Jumps

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Elon Musk's weekend tweets suggest another U-turn to Twitter's billionaire strategy.   Twitter (TWTR) - Get Twitter, Inc. The stock index rose sharply on Monday, but remains stable under Tesla (TSLA) takeover - Get Tesla Inc Report CEO Elon Musk last week, as the world's richest man focuses on what could be a vicious and prolong...

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Is Tesla (TSLA) Still a Smart Long-Term Buy

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Worm Capital, an investment management company, has published an investment letter for the first quarter of 2022 - a copy can be downloaded here. During the first quarter of this year, the fund performed well above its target, the S&P 500 TR by 25.64 percent but its annual return so far has dropped by 18.12%, compared to 4.59% of its be...

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Netflix, Tesla earnings: What to know in markets this week

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This week, the wage season will grow, giving investors a new set of business profitability data as they face higher inflationary pressures.   The two biggest names announced this week will include Netflix (NFLX) and Tesla (TSLA), giving an early look at how some of the mega-cap technology companies performed earlier this year.   Other names to be announced this week will cover a numbe...

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Twitter needs to close a deal with Elon Musk:

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Shares of Twitter Inc. acquired Monday after a communications company launched a self-defense pill to prevent Elon Musk's unsolicited bid to take the company privately to $ 54.20 a share.   The security installation on Monday confirmed the Twitter protection strategy unveiled last week, which will allow the company to issue new stock all shareholders except Musk can buy at a discounted price. It im...

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Despite skeptical comments criticizing his attempts to buy Twitter, the world's richest man appeared on Thursday with an ace in his wallet.

Musk has unveiled a $ 46bn (£ 35bn) financial package to fund his social media platform project, with a deal that marks one of the largest debts in history.

With American banking giant Morgan Stanley listed as its advisor, Tesla's billionaire chief executive is set to recoup his $ 25.5bn debt and his $ 21bn debt a week after launching a brutal $ 43.4bn bid.

Although the movement is a major step in Musk's attempts to transform himself into a communications tycoon, war has just begun.

Musk has to deal with a controversial Twitter board, a stubborn Saudi Arabian investor and the so-called "toxic pill" in a social media platform, designed to thwart his control efforts.

This strategy makes it difficult for anyone to buy more than 15pc of the company by reducing their grip on the wave of cheap stocks.

Most consumers will face a challenge. Musk, however, has a history of insulting the naysayers after importing a successful electric car and selling it and sending dozens of rockets into space.

Dan Ives, a Wall Street analyst at Wedbush, who has been following Tesla's progress for years, warns of writing Musk, pointing out to many viewers who once laughed at Tesla's intentions as "impossible".

"Musk has transformed the Tesla into a global one that completely changed the automotive industry forever," he adds.

“The haters thought he would never get his cars out of the Fremont factory and now they are replacing electric cars.

"He 's the richest man in the world - and he got there with blood, sweat and tears as Tesla stared at the wall."

That doesn't mean Musk has never encountered brushes with failure, nor does it mean it is an indication of future success.

In a heartwarming interview with The New York Times in 2018, Musk described it as a "very difficult and painful year in my career" when he almost missed his brother's wedding and spent his birthday struggling to meet production goals while lying on the floor in Tesla's offices.

The 50-year-old mercurial also revealed that Tesla "could have been a month" from the fall, from mid-2017 to mid-2019, when she tried to establish a Model 3 hell between "manufacturing and goods".

As recently as November, he warned that SpaceX was facing a "real danger of collapse" due to lazy progress regarding the construction of raptor engines running on its rockets.

Despite this, Musk has so far demonstrated amazing ability to overcome the company's most difficult challenges.

Using the wealth he has accumulated as the founder of the PayPal payment platform, his businessman Tesla became the automotive powerhouse responsible for power transitions between major automotive destinations around the world.

Profits from the company have increased from $ 438m to $ 3.3bn over a year. The company's Model 3 and Model Y have become some of the best-selling cars in the UK.

All of this was between the global microchip deficit and the impact of the epidemic, which has fueled the ongoing crisis in the automotive industry.

Musk also testified to the aggressive defender of his values. He has been quick to confront US officials, saying the Securities and Exchange Commission's (SEC) has tried to shut down his freedom speech by making him the victim of "endless" investigations.

The millionaire angered the SEC in 2018 when he wrote on Twitter that he had "received a subsidy" to keep Tesla secret for $ 420 per share. It raised the SEC case and was finally resolved after it became clear that he had actually not been able to get any money.

The past warns the Twitter board not to underestimate Musk's ability to achieve his goals.

Saudi Arabia's Prince Alwaleed bin Talal has threatened to make life difficult. As one of Twitter's long-term major investors, he said Musk's offer of $ 43bn was not in line with Twitter's "internal value".

However, the prince's opposition and the "toxic pill" strategy did little to dampen the interest of the billionaire, who built a 9.1pc total in the business this month to become a major Twitter investor.

After giving advice by tweeting the title of Elvis Presley's song Love Me Tender on Saturday, Musk is ready to present a tender gift to Twitter shareholders that could force the board to get involved.

Ives says: "This is a game of high stakes poker and the Twitter board is behind the wall. The awarding of the tender will put more pressure on them to come with a second buyer or face Musk on the negotiating table."

How he can shape Twitter is unclear. Musk described Twitter as a "public city area" and asked if "a new stage is needed?"

It may be a question of 'when' rather than 'if' Musk will be able to create a communication service in his view.