According to recent reports, Musk has claimed that he made decisions for Tesla without the board’s nod as he defended a $56 billion pay package against claims that he dictated its terms to a compliant board. Read the entire article to learn more about the news piece.
About the pay package
“The amount of pain, no words can express,” Musk said in a near-whisper, describing the effort required to get the company from the brink of failure in 2017 to explosive growth. “It’s pain I would not wish to inflict upon anyone.” Musk was questioned by Greg Varallo and his main aim was to show that Tesla was a company that was fully in control of Musk.
About Elon Musk
Elon Musk apart from being the richest person on the planet also happens to own one of the most happening social media companies, Twitter. Twitter wasn’t a very profitable company therefore Elon Musk decided to take the matter into his own hands to bring the company on its feet by introducing several new policies that helped the platform gain money. The billionaire bought Twitter for $44 billion and wants to make every penny he paid count. Twitter is now a private company and is experiencing a lot of changes along with the firing of its old staff. Elon Musk fired a lot of Twitter employees as soon as he took control of the company including the former CEO of the company, Parag Agarwal. Elon Musk wants to see Twitter become a profitable business which is why people are not liking the policies being introduced by him.
Apart from being one of the most popular social media platforms, the company now has a new boss called Elon Musk. Twitter has an extremely unique format which is why people find this social media platform to be extremely interesting. From celebrities to news reporters, everyone has an account on the platform and is an active user. Ever since Musk’s takeover, the company is experiencing a fall in the number of users. Big celebrities like Gigi Hadid and Amber Heard have left the platform because they don’t want to use it because of the new leadership. Twitter blue introduced by Elon Musk came out to be one of the most ill-planned and ill-executed schemes in the whole world. The paid blue tick feature led to a lot of fake accounts and impersonation landing people and companies in trouble.