Tesla and SpaceX CEO Elon Musk, who may soon buy Twitter, is at the top of Fortune’s list of highest-paid CEOs. The others, on the other hand, are likewise in the technology and biotech industries. Tim Cook, the CEO of Apple, Satya Nadella, the CEO of Microsoft, and Reed Hastings, the CEO of Netflix, is among these executives. Cook was paid $770.5 million in 2021 alone, according to Fortune, which was a component of a $1.7 billion 10-year stock grant. He was ranked number two on the list. His remuneration is appropriate because Apple’s market worth climbed by $2.2 billion during his tenure. On the Fortune 500, Apple is ranked third.

In 2021, Nvidia’s Jensen Huang received $561 million in salary, while Cook cornered the former. Huang “realized around $507 million from expiring options that had been awarded in 2011 and 2012, representing the approximately 60x increase in the company’s share price over the [previous] decade,” according to a spokeswoman for Fortune 500. Reed Hastings, the CEO of Netflix, is in fourth place, having recently announced various new initiatives to boost revenues for the company, which has been beset by issues such as account sharing and inferior content compared to its competitors. According to the Fortune 500, Hastings made $453.5 million last year. A Netflix spokeswoman, on the other hand, refuted the report. “His pay in 2021 was $40.8 million, with $650,000 in cash and $39.7 million in stock options, according to our proxy statement,” says the company.

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Musk’s announcement a day earlier that the US-based electric carmaker would not build in India until it was allowed to sell and service its cars in the nation prompted Aggarwal’s tweet on Saturday.

“Tesla will not put a manufacturing plant in any location where we are not allowed first to sell & service cars,” Musk tweeted on Friday.

Tesla’s admission into the country has been on hold since 2019, due to the government’s refusal to accept the company’s desire for a reduction in import tariffs. India imposes a 60% import charge on electric vehicles with a price of $40,000 or less, and a 100% levy if the price is higher.

Aggarwal’s announcement comes as the local EV maker hunts for locations to develop cells and electric vehicles. Ola Electric would need 1,000 acres of land to build the facilities, which are expected to cost Rs 10,000 crore.

The company already owns 500 acres in Krishnagiri, Tamil Nadu, where it has erected the world’s largest two-wheeler plant, the Futurefactory.

Ola will debut its first electric car in the next 2 to 3 years, according to Aggarwal, and it will be constructed at a new plant separate from the existing Futurefactory.

The Indian government is enthusiastic about electric vehicles and has given a number of incentives to encourage both manufacturing and demand.

FAME II (Faster Adoption and Manufacturing of [Hybrid and] Electric Vehicles in India) is a Rs 10,000 crore plan.

Nitin Gadkari, the Union Minister for Road Transport and Highways, has previously advised Tesla to avoid importing automobiles from China. According to Gadkari, if an EV company manufactures its automobiles in India, it will be eligible for the requisite subsidies.

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When will Tesla begin operations in India? Is Starlink planning a visit to the country? Elon Musk responded to these frequently asked questions on Twitter on Friday. While the world’s richest man has been in the news recently for a variety of reasons, including his $44 billion Twitter buy and his political views, Indians are most interested in the much-anticipated coming of Tesla – a car business based in Texas, United States – to the country.

Elon Musk is welcome to manufacture electric vehicles in India, according to Union Minister Nitin Gadkari, but it cannot be a “good proposition” if the Tesla CEO wants to construct in China and sell in India.

“It is a very easy alternative; if Elon Musk is ready to manufacture a Tesla in India, there is no problem. We have got all the competencies, the vendors are available. We have got all types of technology and because of that, he can reduce the cost,” Gadkari had said while speaking at a private event in Delhi.

“He is welcome in India. We don’t have any problem, but, suppose, he wants to manufacture in China and sell in India, it cannot be a good proposition for India. Our request to him is, come to India and manufacture here,” Gadkari said.

Meanwhile, with regard to Starlink, the question “Elon, any update on Starlink approval usage in India? Starlink’s vision to provide cheap and fast Internet connection all over the world is incredible … Starlink in India would be an absolute HIT” was asked he responded, “we are waiting for government approval”.

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According to the lawsuit, the billionaire Tesla CEO tweeted and made statements in an attempt to cast doubt on the deal, which has roiled social media for weeks.

A shareholder filed a petition on Wednesday seeking class-action status and asking a federal court in San Francisco to uphold the deal’s legitimacy and give shareholders any damages authorized by law.

Musk stated last week that his attempt to buy Twitter wouldn’t go through unless he has confirmation of the platform’s spam problem, adding to the uncertainty surrounding his roller-coaster pursuit of the platform.

The suit stated that Musk’s tweet stating the plan to buy Twitter was “temporarily on hold” disregarded the reality that nothing in the purchase contract allows for so.

According to the action filed by William Heresniak of Virginia, Musk arranged his Twitter takeover in late April without performing the due diligence required in such megadeals.

According to the lawsuit, the final contract simply needed to be approved by Twitter shareholders and regulators, and it was set to close on October 24 of this year.

The suit claimed that his goal was to create leverage so that he could get Twitter for a substantially lower price or back out of the agreement without facing any consequences.

“Musk’s market manipulation worked — Twitter’s valuation has dropped by $8 billion since the takeover was disclosed,” the accusation read.

Twitter shares closed marginally higher on Thursday at $39.52, indicating market skepticism that the takeover will be completed at Musk’s original proposal of $54.20 per share.

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In January, Musk began purchasing Twitter stock. He announced a 9.2% ownership in the company on March 14. Twitter CEO Parag Agrawal announced Musk’s appointment to the board of directors on April 5, calling it a “positive” move that will make Twitter “stronger in the long run.” Musk declined to join the board on April 10, according to Agrawal.

Musk offered a comprehensive proposal to fund the US$44 billion acquisition on April 21. Musk would pay US$21 billion of his own money, the majority of which would come from the sale of his Tesla stock holdings, and he would also borrow US$13 billion against his Tesla stock holdings. Twitter’s board of directors accepted Musk’s offer on April 25 after seeing a realistic finance plan.

Musk stated worries on May 17 that 20% of Twitter accounts are false, that his offer was premised on Twitter’s subscriber count being correct, and that he would not proceed with the acquisition until there was proof that fewer than 5% of accounts are fake.

Musk’s threat was absurd because his offer was never about the number of subscribers or the deal’s finances. After all, Twitter’s revenues, cash flows, dividends, or profits are insufficient to warrant a valuation of US$44 billion.

This could be the groundwork or the foundations of a future modification or cancellation of the deal.

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As the video of a Twitter employee publicly stating that Twitter has no freedom of speech and that his coworkers are “commies as f***” has gone viral on social media, Tesla CEO Elon Musk has responded. ‘Is this legit?’ Elon Musk commented on journalist Benny Johnson’s video. After a far-right activist group called Project Veritas posted the video of one Siru Murugesan, who described himself as a senior programmer at Twitter, it caused a sensation. Another video has been posted in which Twitter’s lead client partner Alex Martinez discusses how Twitter manages public opinion. Musk has also smiled in response to the footage.

“Twitter does not believe in free speech. Elon believes in free speech. He’s a capitalist and we weren’t really operating like capitalists, more like very socialist. Like we’re all like commie as f***. Ideologically, it does not make sense like because we are actually censoring the right and not the left. So, everyone on the right wing will be like, ‘bro, it’s okay to say it. Just gotta tolerate it.’ The left will be like, ‘No I’m not gonna tolerate it. I need it censored or else I’m not gonna be on the platform,” Siru Murugesan said.

On being asked about what his colleagues think about Elon Musk buying Twitter, the senior engineer said, “They hate it. Oh my God. I’m at least like okay with it. But some of my colleagues are like super left, left, left, left, left. They’re like, ‘this would be my last day if it happens’.”

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Every day, Twitter suspends “over half a million spam accounts,” according to Agrawal. He reaffirmed Twitter’s long-held estimate that less than 5% of its daily active users are spam accounts, which Musk mentioned on Friday when declaring that his $44 billion proposals to buy Twitter were “temporarily on hold.”

That estimate, according to Agrawal, is based on “multiple human reviews… of thousands of accounts” picked at random, but it’s impossible to know which accounts are counted on any given day. While Twitter feels its estimations are “reasonable,” the measures were not independently validated, and the actual number of bogus or spam accounts could be greater.

Musk responded to Agrawal’s first 13 tweets with a feces emoji, which reflected the transaction’s peculiar and highly online character.

Musk then asked a more thought-provoking inquiry. “How do advertisers know what they’re getting for their money?” you might wonder. Musk asked “This is fundamental to the financial health of Twitter,” he added.

Musk has been vocal about bots and spam accounts on Twitter, describing bitcoin spambots as the “single most aggravating problem” on the network. Anyone who has seen the answers to Musk’s tweets knows that they are full of such con artists, many of whom try to profit from Musk’s fame.

However, other analysts believe that the world’s richest man is leveraging the bot issue to lower the price at which he would have to purchase Twitter, whether as a usual bargaining ploy or out of necessity.

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To identify the bots, he said his team would test “a random sample of 100 followers” on Twitter. Twitter made the charge after his response to a query.

“I choose 100 as the sample size number because that is what Twitter uses to compute 5% fake/spam/duplicate,” Musk answered when a user asked him to “elaborate on method of filtering bot accounts.”

Musk said in a tweet early Sunday that he has yet to see “any” investigation that demonstrates the social media business has less than 5% false accounts.

Meanwhile, as the deadly war in Eastern Europe enters its 82nd day, with Russian troops failing to meet their pre-set targets and Ukrainian troops putting up a strong fight against the invading Russian forces, Ukrainian military commander Serhiy Volyna has reached out to billionaire Tesla CEO Elon Musk, requesting help to save him and the other defenders trapped inside the besieged Azovstal style steel plant in Mariupol.

This comes as Elon Musk has recently stepped in to extend his Starlink satellite communication services to Ukraine, while Ukrainian soldiers have sworn to continue fighting Russian forces at the steel mill in the war-torn region.

“Elon Musk, people say you come from another planet to teach people to believe in the impossible. Our planets are next to each other, as I live where it is nearly impossible to survive. Help us get out of Azovstal to a mediating country. If not you, then who? Give me a hint.”

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He elaborated on his position in a series of tweets on Saturday, hours after Elon Musk revealed that his acquisition of the social media behemoth will be put on pause.

Even as the firm is being owned by billionaire Elon Musk, Twitter Chief Executive Parag Agrawal announced leadership changes and a hiring freeze on Friday in order to “create a stronger Twitter.”

Parag Agrawal also shared his thoughts a day after Twitter’s CEO removed two of the company’s top executives. He stated that the agreement with Elon Musk is likely to be completed, but that this should not be used as an excuse to delay making critical decisions for the company’s health, adding that Twitter must be prepared for all situations and always do what is best for the firm.

Some have questioned why a “lame-duck” CEO would make these adjustments if Twitter is being acquired anyhow, according to Agrawal. In reaction to these remarks, the CEO stated that, while he expects the sale to close, Twitter must be prepared for any eventuality and always do what is best for the company.

“We announced changes to our leadership team and operations yesterday. Changes impacting people are always hard,” the CEO tweeted adding, “I won’t use the deal as an excuse to avoid making important decisions for the health of the company, nor will any leader at Twitter.”

In another tweet, Agrawal stated that regardless of who owns the firm in the future, Twitter would improve as a product and a business for customers, partners, shareholders, and all users.

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Twitter’s stock dropped more than 20% in premarket trade as a result of the announcement.

Musk’s tweet included a Reuters study claiming that bogus or spam accounts accounted for less than 5% of Twitter’s monetizable daily active users in the first quarter, according to a Reuters report.

Musk had given few specifics about his plans for the social media company, but he had previously spoken out against bot accounts that spread spam. He also claims that the corporation has been too quick to deactivate accounts that have broken its content-moderation policies.

Musk made waves on Tuesday when he said that after the acquisition was complete, he would let former President Donald Trump return to Twitter. After his supporters attacked the US Capitol on January 6, 2021, Trump’s account was permanently deleted.

Since Twitter’s board agreed to the bid on April 26, pessimism about whether the deal would go through has been circling even as Musk attempted to arrange finance for the buyout.

Musk said that he would purchase Twitter for $54.20 per share. However, Twitter’s stock never got close to that level, lingering around $50 for weeks. That was a warning that investors doubted Musk would follow through on his offer.

Wall Street analysts were also skeptical of Musk’s ability to purchase Twitter at $54.20 per share. The consensus target price was below $52, and the vast majority of analysts gave the stock a “hold” rating.

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According to the sources, the Securities and Exchange Commission is looking into Mr. Musk’s late submission of a public form that investors must fill out when buying more than 5% of a company’s stock. The disclosure serves as an early warning to shareholders and companies that a major investor may be attempting to gain control or influence over a firm.

Tesla Inc. CEO Elon Musk filed his paperwork on April 4, at least 10 days after his stake reached the threshold for disclosure. Mr. Musk has not publicly stated why he failed to file on time.

The SEC probe has never been made public. A spokeswoman for the SEC declined to comment. Mr. Musk’s lawyer did not respond to a message seeking comment on Wednesday.

According to Daniel Taylor, a University of Pennsylvania accounting professor, Mr. Musk undoubtedly saved more than $143 million by not revealing that his trades had crossed the 5% barrier because the stock price would have been higher if the market had known about the billionaire’s rising interest.

Investors who cross that boundary must file a form with the SEC within 10 days indicating their stake. According to securities filings, Mr. Musk’s shares surpassed 5% on March 14, indicating that he should have reported his stake by March 24 under SEC requirements.

According to a regulatory filing, Mr. Musk bought $513 million worth of stock between $38.20 and $40.31 per share after March 24. With 9.2 percent of Twitter’s shares, he became the company’s largest individual shareholder.

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Musk’s comments at the Financial Times Future of the Car conference are his first public acknowledgment of what has been widely predicted since the entrepreneur unveiled plans to buy Facebook for $44 billion.

Musk has previously stated that Twitter should be “hesitant to delete things” and “very cautious with permanent bans.” He termed Twitter’s plan to ban Trump in January 2021 a “mistake” on Tuesday.

“I believe it was incorrect to prohibit Donald Trump, and I believe it was a mistake,” Musk stated. “The perma-ban would be lifted. But, in my opinion, and, to be clear, Jack Dorsey shares this opinion, we should not have perma-bans.”

Following Musk’s statements, Dorsey, Twitter’s co-founder, and former CEO said Tuesday that he “agrees” that permanent bans on Twitter users are unnecessary. “There are outliers,” he continued, “but permanent prohibitions are often a failure of ours and do not function.”

Musk’s comments were met with silence on Twitter.

Following the January 6 Capitol Riot, Trump was permanently barred from Twitter for breaking the platform’s anti-violence incitement guidelines, a move made by Dorsey, according to the business. Trump’s account was also banned or suspended on other social media platforms.

“Banning Trump from Twitter didn’t end Trump’s voice, it will amplify it among the right and this is why it’s morally wrong and flat out stupid,” Musk said at the event on Tuesday.

The Tesla and SpaceX CEO acknowledged that his acquisition of Twitter, and Trump’s return, are not yet a done deal. “I will say that I don’t own Twitter yet, so this is not a thing that will definitely happen, because what if I don’t own Twitter?” he said.

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Elon Musk, the CEO of Tesla, is very vocal on social media about his concerns and opinions regarding current global events. He recently spoke out about Japan’s dwindling birthrate, urging Tokyo to solve the issue before the country “dies.” In response to a news report outlining Japan’s 11-year trend of dropping birth rates.

The tweet against Japan, like several others by Musk, drew a lot of attention from the internet. Musk has recently been embroiled in debates over his Twitter acquisition and predictions about the next CEO, as well as his provocative remark about his “mystery death.” As a result, the internet giant’s move to casually discuss Japan’s population sparked a lot of discussion on social media.

Musk’s comments come after the survey revealed that Japan’s national birth rate fell to a historic low of 6,44,000 in 2021, the lowest level since 1950. Japan had 8,31,000 births in 2021, but it was outnumbered by 1.44 million deaths. According to the Japan Ministry of Internal Affairs and Communications, the population of Japan was 12,55,02,000 on October 1, 2021. Due to pandemic-related border restrictions, the number of foreign nationals living in Japan has decreased by 25,000 to 27,22,000 people.

The virginity rate was higher than in other industrialized countries, which was a concern given that “a big proportion of Japanese individuals could not find a spouse in society,” according to Peter Ueda, a public health expert at Tokyo University, as reported by CBS.

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According to the letter, the equipment was given to Ukraine by the Pentagon, the US Department of Defense’s headquarters.

The two posts aroused debate about whether Tesla CEO Elon Musk is experiencing Russian threats for assisting Ukraine during the conflict.

After a minister from the war-torn country reached out, Mr. Musk’s company SpaceX’s Starlink satellite broadband service was activated in Ukraine in February.

The tweet about a strange death drew a wide range of comments, from jokes to caution to solidarity.

Some users speculated that Mr. Musk was inebriated, while others concluded that it is the high taxes that are upsetting him, while still others stated that he must live in order to bring about “change.”

Mr. Musk has been making headlines for the past few months, criticizing Twitter for the narrowing space for free speech, then opting out of joining its board at the last minute, and then revealing his company’s decision to buy it for a staggering sum.

Following the announcement, he hinted at some radical ideas for the microblogging service, such as charging commercial and government users.

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At the Wall Street Journal’s CEO on Wednesday, he expressed his skepticism on the ability of Musk to prevent misinformation. “ How does he feel about something that says vaccine kills people, or you know, that Bill Gates is tracking people? Is that one of the things he thinks should be spread?” Gates asked.

“If all you need is money and hiring great engineers, he’s probably as good a person as any” to guide Twitter through its next chapter, Gates added. He doesn’t expect Musk to replicate Tesla and Space X’s “mind-blowing” performance.

“I kinda doubt that’ll happen this time, but we should have an open mind and never underestimate Elon.”

This is not the first time that the billionaires faced off in such banter. Just a few days ago that Elon tweeted that Bill Gates was shorting Tesla’s stock.

Bill Gates said that Elon’s tweets does not bother him and did not comment about Tesla stocks.

“It’s possible that the stock went down and whoever shorted the stock made money. I don’t know,” Gates. “Did it go down in the last month? I don’t know.  I don’t think whether one is short or long Tesla is a statement about your seriousness about climate change. I am putting billions of dollars into climate change innovation; I applaud Tesla’s role in helping with climate change.”

While Musk is planning to make changes to Twitter, Gates hopes that policymakers will develop their changes to the “legal framework, which he’ll have to follow”.

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