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Elon Musk is looking for the next CEO of Twitter

Posted on December 22, 2022 by Admin

Elon Musk’s taking over Twitter for $44 billion has been in the news for some time. Added to that the phenomenon has received a lot of chaos and controversy, with some investors questioning if he is too distracted to also properly run his electric vehicle automaker Tesla Inc in which he is personally involved in production and engineering. But this time Musk has said something which is beyond the imagination of the Individual. On Tuesday he claimed that he will step down as chief executive of Twitter Inc once he finds a replacement, but will still run some key divisions of the social media platform.

“I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams,” Musk wrote on Twitter.

The Voting

According to Reuters, “This is the first time Musk has mentioned stepping down as chief of the social media platform, after Twitter users voted for him to resign in a poll, which the billionaire launched on Sunday evening.

In the poll, 57.5% of around 17.5 million people voted “yes.” Musk had said on Sunday he would abide by the results. He has not provided a time frame for when he will step down and no successor has been named.

The poll results capped a whirlwind week that included changes to Twitter’s privacy policy and the suspension – and reinstatement – of journalists’ accounts that drew condemnation from news organizations, advocacy groups and officials across Europe.”

But according to Euro News, “He has ignored results of polls he has run before, redoing ones that may not have had the result he wanted, including a poll on unsuspending accounts that he claimed had revealed his real-time location.

A number of those accounts were of journalists from the mainstream media, such as Donie O’Sullivan from CNN, who had tweeted an official LAPD statement regarding a tweet sent by Musk.”

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China asked Elon Musk not to sell Starlink within the country

Posted on October 12, 2022 by Admin

Source: The Verge

In an interview with the Financial Times last week, Elon Musk revealed that figures in the Chinese government have asked him directly to withhold Starlink access within China. Musk told FT that, in the publication’s summary, “Beijing has made clear its disapproval of his recent rollout of Starlink…in Ukraine” and “sought assurances he would not sell Starlink in China.”

It’s unclear from the description whether Musk agreed to Beijing’s request, but Starlink’s service map shows no plans to deploy in China. Adjacent countries like Taiwan, Mongolia and Vietnam are listed as “pending regulatory approval.”

Starlink’s service map shows no plans to deploy in China

Offering a connection to the internet that sidesteps conventional service providers, Starlink has been a popular idea for circumventing network-based censorship around the world. Most recently, Starlink enabled access in Iran in response to widespread protests and accompanying censorship. Internet censorship in China, however, is far more organized and persistent — and any ongoing attempt to evade it through Starlink would likely incur retaliation from the central government.

The anecdote is a reminder of how exposed Musk is to international pressures, even as he champions free speech principles in his public statements. As FT points out, Tesla maintains a factory in Shanghai, and the company has reportedly sold more than 80,000 cars in China. Musk has remained broadly aligned with Chinese government as a result, even authoring a column for a magazine run by the country’s internet censorship agency.

At the same time, Musk is more likely than ever to take ownership of Twitter. After months of confusing gamesmanship, Musk recommitted last week to purchasing the social network at his originally agreed price, telling a judge in his civil case with the company that he believes the deal will close before October 28. Twitter remains officially blocked in China.

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Elon Musk’s texts with Jack Dorsey and Parag Agrawal detail tumultuous Twitter negotiations

Posted on October 1, 2022 by Admin

A tranche of Elon Musk’s private messages have been made public as part of his ongoing lawsuit with Twitter. The messages, revealed in a court filing Thursday, shed new light on Musk’s behind-the-scenes negotiations with Twitter’s leadership, as well discussions with former CEO Jack Dorsey, and how Musk’s talks with CEO Parag Agrawal quickly soured.

The messages include the moment Musk tells Agrawal he wants to acquire Twitter and take it private, rather than join the board. Agrawal confronts Musk about an April 9th tweet questioning if “Twitter is dying.”

Texts exchanged between Elon Musk, Agarwal and Dorsey

Musk responded less than a minute later. The messages also provide a glimpse into the relationship between Dorsey and Musk. Dorsey has publicly said that “Elon is the singular solution I trust,” but hasn’t publicly commented since Musk sued in an attempt to renege on the acquisition. But in the newly released messages, it’s clear Dorsey has wanted Musk to take on an active role at Twitter for some time. Dorsey tells Musk that he wanted him to join Twitter’s board of directors long before Musk acquired a large stake in the company.

Dorsey seemed to be referring to Elliott Management, the activist investor that attempted to oust Dorsey in early 2020. Notably, this conversation occurred in late March, after Musk had acquired a multibillion-dollar stake in Twitter, but before his stake had been made public. He and Dorsey also discussed the Twitter cofounder’s belief that Twitter “can’t be a company.”

Musk responds that the idea is “super interesting” and that “it’s worth both trying to move Twitter in a better direction and doing something new that’s decentralized.” The following month, Dorsey also attempted to play mediator between Musk and Agrawal, at one point arranging a call between the three of them. “You and I are in complete agreement,” Musk tells Dorsey. “Parag is just moving far too slowly and trying to please people who will not be happy no matter what he does.”

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Tesla to recall more than a million vehicles over pinchy windows

Posted on September 24, 2022 by Admin

More than a million Tesla owners will have yet another recall notice to deal with in the coming weeks. On Tuesday the National Highway Traffic Safety Administration filed a safety recall notice for numerous late model vehicles from across the EV maker’s lineup because “the window automatic reversal system may not react correctly after detecting an obstruction,” and as such, “a closing window may exert excessive force by pinching a driver or passenger before retracting, increasing the risk of injury,” per the notice.

The following models and years are impacted: 2017-22 Model 3s as well as 2020-21 Model Y, X and S vehicles. Tesla has until mid-November to contact affected owners and plans to push an OTA software update to correct the issue.

Tesla’s Comments on its Latest Recall

“I have the exact same problem and have had two service appointments for it. It’s still happening. Tesla service says they don’t have a fix for it. Are you kidding me?” — Taylor Ogan (@TaylorOgan) May 5, 2021

Per the Associated Press, Tesla first identified the issues during product testing in August and has incorporated the update into newly built vehicles since September 13th. However, multiple Twitter users have sounded off in response to Tuesday’s announcement, noting that their vehicles have been having nearly identical issues since at least 2021.

This is far from Tesla’s first safety recall. Over the last two years alone, Teslas have been recalled on account of overheating infotainment systems, camera and trunk defects, separating front suspensions, their “full self driving” ADAS, their pedestrian warning sounds, their seatbelt chimes, software glitches in their brakes, and sundry touchscreen failures. And that’s just in the US. In Germany this past July, Tesla got popped trying to pass off painted-over frame damage on its Model 3s too.

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Tesla reduces Model Y delivery time to 4 weeks

Posted on August 19, 2022August 19, 2022 by Admin

You do not have to wait for 12 to 20 weeks to buy a Model Y of Tesla in China as Electric auto giant Tesla said on Thursday it has slashed the delivery waiting time for its Model 3 and Model Y cars in China as it ramps up output at its Shanghai plant after upgrading production lines.

Waiting Time Reduced

According to Economic Times, “The waiting time has now been reduced to four to eight weeks for the rear-wheel drive Model Y sport utility vehicle. Meanwhile, buyers of other versions of the SUV and Model 3 sedans will have to wait for at least 12 to 20 weeks.

Earlier, a buyer in China had to wait for eight to 24 weeks after placing an order for the best-selling models, reported Reuters citing Tesla.”

Seeking Alph said, “The waiting time for the rear-wheel drive Model Y sport utility vehicle is now four to eight weeks, while buyers of other versions of the SUV and Model 3 sedans need to wait for 12 to 20 weeks.

The EV giant previously said a buyer in China had to wait for eight to 24 weeks after placing an order for the best-selling models.

The company has completed a major upgrade of the production lines at its Shanghai plant, its most productive manufacturing hub, and is ramping up output with a target of making 22,000 Model 3 and Model Y cars combined each week.

Chief Executive Elon Musk has said production is a bigger challenge for the company than demand. It is struggling to increase output in its Berlin and Texas plants, while production losses during a two-month COVID-19 lockdown in Shanghai hurt Tesla’s profit margin in the second quarter.

The company has paused taking orders for its Cybertruck outside North America, and also for Model 3 Long Range vehicles in the United States and Canada, citing big delivery backlogs.”

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