Elon Musk

2022 - 12 - 13

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Image courtesy of "NPR"

Elon Musk relaunches Twitter Blue with higher price for iPhone users (NPR)

Twitter's checkmark re-do follows the company pausing its first attempt after just two days, in the wake of a flood of accounts impersonating companies, ...

Musk views Twitter Blue as part of his mission to make money on the platform in ways other than advertising, which accounts for about 90% of Twitter's revenue. [sharp words from Musk](https://twitter.com/elonmusk/status/1597301968208556032) leveled at Apple over its so-called "Apple tax," a longtime pain point for app developers and cause of concern for regulators around the world who have viewed the fee as excessive and financially damaging to Apple's rivals. The chaos forced the billionaire to put the service on pause after just two days. They feared the move would be weaponized by those looking to spread disinformation, including repressive regimes hoping to disseminate propaganda. Twitter's first attempt to include the blue checkmarks as part of the subscription program unleashed havoc. Many took advantage of the ability to purchase a "verification" and flooded the site with fake accounts.

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Image courtesy of "The Guardian"

Crowd boos Elon Musk after Dave Chappelle says to 'make some ... (The Guardian)

At a stage appearance Sunday with comedian Dave Chappelle, the audience made their disapproval of the new Twitter owner known.

The deafening noise, he reassured his Twitter followers, had in fact been “90% cheers & 10% boos”. All of which was perhaps ill-advised, given that he had spent much of the weekend spouting far-right tropes. That’s the sound of pending civil unrest.” After all, this was San Francisco, where thousands of employees were fired by Musk after his $44bn takeover of Twitter in October, and even those who kept their jobs were told by him that they had to work He raised his arms high in the air and spun around as though he’d just scored a World Cup decider. “Weren’t expecting this, were you?”

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Image courtesy of "NBC News"

Elon Musk, astronaut Scott Kelly spar on Twitter over pronoun use (NBC News)

Elon Musk got into a Twitter spat with former NASA astronaut Scott Kelly on Sunday after the billionaire entrepreneur appeared to take another high-profile.

[reinstated](https://www.nbcnews.com/tech/tech-news/elon-musk-says-will-reinstate-former-president-donald-trumps-twitter-a-rcna54243) former President Donald Trump to the site, almost two years after the company banned him citing his role in the Jan. Last year, Chappelle was widely criticized by LGBTQ advocates after the release of a comedy special many considered to be transphobic. Fauci, Kelly said he believes the public health official — who was the head scientist leading the country through most of the Covid-19 pandemic and has become demonized by the GOP — did "what he thought was right to protect lives. The billionaire CEO also reinstated other previously suspended accounts, including those belonging to conservative firebrand Rep. The conspiracy theory suggested, with no evidence, that Pelosi's assailant was actually a “male nudist hippie prostitute.” "Sometimes people call me Mark, I feel obligated to correct them," he said, referring to his identical twin brother. The retired astronaut, who is also the twin brother of Sen. "Elon, please don’t mock and promote hate toward already marginalized and at-risk-of-violence members of the #LGBTQ+ community. 6 insurrection at the U.S. Later that year, he elaborated on his views, writing: “I absolutely support trans, but all these pronouns are an esthetic nightmare.” Furthermore, Dr Fauci is a dedicated public servant whose sole motivation was saving lives," Kelly wrote. One of those replies came from Kelly, who has commanded the International Space Station on three expeditions.

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Image courtesy of "New Zealand Herald"

Elon Musk booed at Dave Chappelle comedy show (New Zealand Herald)

He invited Musk onstage. The billionaire obliged, wearing an “I Love Twitter” T-shirt. Loud boos filled the arena – along with some cheers, too. Chappelle joked ...

Chappelle asked Musk to repeat Rawlings’ catchphrase from their classic show - “I’m rich b----” Rawlings went first, and then Musk complied. He stayed onstage and shook hands with many of the performers. He also asked Musk if he could help Black Star’s Talib Kweli, who Chappelle said had been banned from Twitter. The billionaire obliged, wearing an “I Love Twitter” T-shirt. Loud boos filled the arena – along with some cheers, too. It was a rather uncomfortable appearance for Elon Musk, Twitter’s new owner, at Chappelle’s show with Chris Rock on Sunday night in San Francisco.

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Image courtesy of "Newshub"

Elon Musk booed off stage at Dave Chappelle comedy show (Newshub)

Chappelle told Musk it "sounds like some of those people you fired are in the audience."

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Image courtesy of "Rolling Stone"

Dave Chappelle Fans Reveal Why Elon Musk Was Booed: 'The ... (Rolling Stone)

Dave Chappelle show attendees react to the comedian bringing special guest Elon Musk out to a wave of boos at the Chase Center in San Francisco.

During the few minutes that he was on stage, Musk deferred to Chappelle for instruction on how to handle the negative reactions, asking: “What should I say?” His friend’s advice? “Understandably, because of who Musk is as a person and me being from the Bay Area, who has family that work at Tesla in Fremont, where the racial discrimination suit is taking place, his appearance made me dissatisfied,” Douglas explained. But Musk’s awkward attempt at making the best out of an undeniably embarrassing situation apparently didn’t do much to win much of the rest of the crowd over. It was like the Chase Center turned into the Apollo.” Online, descriptions of the crowd reaction heavily veered toward a brutal evisceration by way of booing, but some fans who were present found it a little more difficult to get a clear read on the atmosphere of the arena. “As for the boos, let’s just say it outweighed the cheers.

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Image courtesy of "New Zealand Herald"

Elon Musk's Twitter disbands its Trust and Safety advisory group (New Zealand Herald)

The group's formed in 2016 to address hate speech, child exploitation and other problems.

The Trust and Safety Council, in fact, had as one of its advisory groups one that focused on child exploitation. The email said Twitter was “re-evaluating how best to bring external insights” and the council is “not the best structure to do this”. The council had been scheduled to meet with Twitter representatives on Monday night.

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Image courtesy of "Forbes"

The Mass Humiliation Of Elon Musk (Forbes)

On stage with Dave Chappelle at San Francisco's Chase Centre, Elon Musk found out that all the money in the world can't buy applause.

Burns, a billionaire despised by the public whose assistant, Smithers, tries to spare his boss’s dignity by claiming a booing crowd was really chanting “boo-urns.” You shut the f**k up.” But when Musk attempted to speak up, he was instantly drowned in boos, again, at which point even Chappelle lost his composure, and started growing defensive. On stage with Chappelle, Musk faced a rude awakening, catching a glimpse of how unpopular he really is, facing an audience who had paid to see Chappelle (who is now All these people who are booing, and I’m just pointing out the obvious, you have terrible seats.” [comparing him](https://twitter.com/prof_gabriele/status/1602310781659406338) to The Simpson’s Mr. Musk [wrote](https://www.salon.com/2022/12/12/it-was-90-cheers-elon-musk-tries-to-tweet-through-it-after-getting-booed-at-dave-chappelle-show/): What kind of p*ssy they got up there? That’s what we’ll be doing …. Footage of Musk’s disastrous appearance was soon uploaded onto Twitter, before being mysteriously deleted. [booed by the crowd](https://www.forbes.com/sites/siladityaray/2022/12/12/elon-musk-gets-booed-after-joining-dave-chappelle-on-stage-at-san-francisco-show/), to the point where the billionaire was subdued into silence.

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Image courtesy of "Bloomberg"

Musk's $5.7 Billion Mystery Gift Went to His Own Charity (Bloomberg)

The $5.7 billion of Tesla Inc. shares that Elon Musk donated to an unnamed organization at the end of 2021 went to his own charitable arm, instantly making ...

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Image courtesy of "Fortune"

Elon Musk says getting booed by Dave Chappelle fans was 'a first ... (Fortune)

Elon Musk is no stranger to controversy and backlash, but it looks like he's never experienced it quite like this. During a stand-up comedy show in San ...

The platform experienced a [surge in hate speech shortly after he took the helm, ](https://fortune.com/2022/11/01/twitter-surge-in-hateful-conduct-head-of-safety-says/)along with an [advertiser exodus ](https://fortune.com/2022/11/04/twitter-advertiser-exodus-deepens-volkswagen-pfizer-general-mills-pause-ad-spending/)over the fear about how he will moderate content. “Thanks for having me on stage,” Musk said, trying to get a few words in over the crowd’s boos. On Monday, Musk came to his own defense and said only a small percentage of the crowd booed. [tweeted](https://twitter.com/elonmusk/status/1602305628734599168). He looked stunned, must not get enough feedback IRL.” [wrote](https://twitter.com/jamesjyu/status/1602215755562373121).

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Image courtesy of "CNBC"

Elon Musk is no longer the richest person in the world (CNBC)

Bernard Arnault is now the richest man in the world, dethroning Tesla CEO Elon Musk after a continued decline in Tesla share price, according to Forbes.

[The Bloomberg Billionaires Index](https://www.bloomberg.com/billionaires/), which uses slightly different methodologies, was [updated on Tuesday](https://www.bloomberg.com/news/articles/2022-12-13/elon-musk-loses-title-as-world-s-richest-person-to-lvmh-s-bernard-arnault) to also rank Musk's fortune behind Arnault. [Tesla](/quotes/TSLA/) shares closed down about 6.3% for the day, and have more than halved in value this year partially due to a sell-off that accelerated in the wake of Musk's $44 billion Twitter acquisition. Musk also owns more than 40% of SpaceX shares, adding billions on paper to his net worth, based on a $125 billion private market valuation from June 2022. He ceded that title to LVMH chairman and CEO Bernard Arnault at the close on Monday, [according to Forbes](https://www.forbes.com/real-time-billionaires/#12ffe20f3d78). LVMH is based in Paris and is listed on Euronext Paris. [Tesla](/quotes/TSLA/) CEO [Elon Musk](https://www.cnbc.com/elon-musk/) is no longer the richest person in the world.

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Image courtesy of "Forbes"

Elon Musk Starts Week As World's Second Richest Person (Forbes)

Tesla shares fell by 4% Monday morning, shaving nearly $5 billion off of the fortune of CEO Elon Musk as of 10:30 a.m. ET. That was enough to knock Musk back to ...

And as Wedbush’s Ives puts it: “Perception is reality for the Street.” Going into the weekend, he was worth an estimated $188.7 billion–$1.5 billion more than Arnault. But for now, Tesla investors seem to view Twitter as an unnecessary distraction. That was enough to knock Musk back to the number two spot on Forbes’ list of the world’s richest people, trailing Bernard Arnault of French luxury conglomerate LVMH, worth $186 billion. markets closed, Musk had regained the lead, with an estimated net worth of $185.4 billion, $700 million more than Arnault. “[Tesla] cut prices in China, so that’s not helping the stock,” says Miller Tabak’s chief market strategist Matt Maley.

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Image courtesy of "Bloomberg"

Two Cheers for the Tyrant in the Corner Office (Bloomberg)

Management gurus have been preaching for years against the evils of autocratic management. Successful managers thrive on feedback, the argument goes; ...

William Klepper, of Columbia Business School, has [described](https://www.businessinsider.com/elon-musk-leadership-analysis-by-business-school-professors-2022-11?r=US&IR=T) Musk’s approach to management as “a case study of failed leadership.” Peter Coy, of the New York Times, says that “it’s hard not to draw parallels between Musk’s problems at Twitter and Vladimir Putin’s problems in Ukraine.” Having already sacked half the company’s 7,500 employees, Musk sent out a midnight email giving the remaining employees a choice between going “extremely hardcore,” by which he meant “long hours at high intensity,” or taking a three-month severance package. The imperial CEOs of yesteryear — “Neutron” Jack Welch at General Electric Co.

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