
Elon Musk abandons $44 billion Twitter bid
Tesla CEO Elon Musk announced he’s abandoning his $44 billion dollar bid to buy Twitter and take the publicly traded company private. Michael George explains where the once very public deal stands.
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Tesla CEO Elon Musk announced he’s abandoning his $44 billion dollar bid to buy Twitter and take the publicly traded company private. Michael George explains where the once very public deal stands.
The automaker said the incident was under investigation but appeared to be an accident "not caused by the vehicle."
Firefighters put out a fire-engulfed Tesla that self-ignited in a wrecking yard in Sacramento on June 9, the local fire department said. The car, which was involved in a crash three weeks ago, kept reigniting and off-gassing in the battery compartment as firefighters were trying to douse the flames, according to authorities. The Sacramento Metropolitan Fire District said firefighters and yard staff had to eventually dig a pit and filled it with water to stop the vehicle from breaking into flames again.
Elon Musk held an all-hands meeting with Twitter employees this week, fielding questions and sharing his vision for the company. Financial growth, bots, and free speech were some of the key topics he weighed in on. CBS News technology reporter Dan Patterson joins anchors Michelle Miller and Elaine Quijano to discuss Twitter's potential future.
Safety officials tracked nearly 400 collisions involving partially-automated vehicles, and found Tesla cars were responsible for more than two-thirds.
The announcement comes as the electric vehicle maker's shares have slumped 42% this year.
Federal safety watchdog is investigating the electric car maker's self-driving system after a string of accidents.
Tesla shares fell more than 7% on a report the CEO is considering layoffs over a "super bad feeling" about the economy.
Longtime Meta COO Sheryl Sandberg is leaving Facebook's parent company after 14 years. Meanwhile, Elon Musk is giving his employees an ultimatum on remote work. CBS News tech reporter Dan Patterson breaks down the biggest stories in tech.
Tesla CEO says employees who don't show up to the electric car maker's offices will be assumed to have resigned.
Billionaire's Starlink satellite venture will provide internet service for rural schools and monitor the rainforest.
Elon Musk says his deal to buy twitter is on hold. The company's stock plummeted after the announcement. Musk then tweeted that he is still committed to buying twitter. Tech reporter Dan Patterson joined CBS News' Anne-Marie Green and Vladimir Duthiers discuss the latest developments.
If Elon Musk and Twitter get their way, the company will soon be privately held and under the billionaire's control. Here’s a look at what it means for a company to go private.
Tesla CEO Elon Musk has sold $8.4 billion of the electric carmaker's stock days after securing his $44 billion deal to take control of Twitter. CBS News tech reporter Dan Patterson joined Mola Lenghi and Michelle Miller to discuss.
The world's richest man tweeted that he doesn't intend to sell any more Tesla shares.
Twitter has reported higher earnings and a larger daily user base, just days after billionaire Elon Musk announced plans to purchase the social media giant for $44 billion. CBS News tech and politics reporter Musadiq Bidar joins CBS News' Nikki Battiste and Mola Lenghi to discuss how the SpaceX and Tesla CEO could change Twitter.
SpaceX and Tesla CEO Elon Musk has reached a deal to buy Twitter for about $44 billion, though it still needs approval from regulators and Twitter shareholders. CBS News tech reporter Dan Patterson spoke with Anne-Marie Green and Vladimir Duthiers about how the deal came together and what it means for the platform.
Elon Musk and Twitter have reached a deal that will see the world's richest man buy the social media platform for $44 billion. CBS News correspondent Nikki Battiste explains how the deal came to be. Then David Kirkpatrick, the founder and editor-in-chief of Techonomy, joins CBS News' Elaine Quijano to discuss what the sale means for users and the platform.
Twitter has agreed to be acquired by Elon Musk in a deal that values the company at $44 billion, the board announced Monday afternoon. CBS News tech reporter Dan Patterson joins Tanya Rivero to discuss the latest.
Twitter is reportedly nearing a deal to sell itself to Tesla and SpaceX CEO Elon Musk. CBS News tech reporter Dan Patterson joins Tanya Rivero to discuss the latest.
Tesla shares jumped Thursday after the company announced its highest quarterly profit to date, more than $3 billion, with $18.7 billion in revenue. Dan Ives, a managing director and senior equity analyst for Wedbush Securities, joins CBS News' Tanya Rivero and Mola Lenghi to discuss the "little electric engine that could."
Despite supply-chain challenges, the electric car maker delivered a record 310,000 vehicles in the first quarter.
Elon Musk has offered over $43 billion to acquire Twitter. Plus, millions of people are planning to get married this year after the pandemic pushed back plans. SoFi Certified Financial Planner Kendall Clayborne joins Nancy Chen on "CBS News Mornings" to share tips for cutting costs at the altar.
Tesla CEO Elon Musk declined an offer to join Twitter's board of directors over the weekend. The news came after the world's richest man bought a 9.2% stake in the social media company, prompting questions about the frequent Twitter critic's future influence at the company.
Shares of Twitter soared by more than 20% after Elon Musk disclosed his 9.2% stake in the company, making him its largest shareholder. Brian Sozzi, editor-at-Large and anchor for Yahoo Finance Live, joined Tanya Rivero to discuss the announcement.
President Trump announced the news on Truth Social hours after meeting with Russian president Vladimir Putin in Alaska.
U.S. Citizenship and Immigration Services instructed officers on Friday to consider additional factors when determining whether immigrants applying for U.S. citizenship have a "good moral character."
A White House spokesperson told CBS News that while deployed National Guard members "may be armed," they will not make arrests.
Erin is the first hurricane to develop over the Atlantic this year, and meteorologists are closely tracking its path and forecast.
The moves come as federal agents and National Guard troops have begun to appear across the heavily Democratic city after President Trump's executive order earlier this week.
The Israeli military body in charge of humanitarian aid to Gaza said the supply of tents and other shelter equipment to the territory would resume on Sunday ahead of the mass movement of Palestinians to the south.
Air Canada had suspended all operations after more than 10,000 of the airline's flight attendants went on strike after a deadline to reach a deal passed
Guatemalan authorities on Saturday freed nine prison guards who had been held hostage since Thursday by rioting inmates in Guatemala City, an official said.
The thieves were armed with bear spray and a Taser, and shattered the building's glass doors before ransacking display cases.