Key Takeaways:

• Musk stated he would simply dismiss all board members, reducing collective salaries to “$0 if my bid succeeds, therefore that’s $3M/year saved right there.”

• Musk’s sudden $43 billion takeover proposal, which came just a week after he filed documents with the Securities and Exchange Commission claiming to be a passive investor in the microblogging website, was followed by Twitter’s decision to use a “poison pill” defence.

The idea was taken as a jab at both the city of San Francisco, which has grappled with a deepening homeless crisis, and at Twitter, whose employees have been told they can work remotely forever. Perhaps the building would be better used as homeless housing, Musk s...

It's hard to ignore the sky-high inflation that has rocked the U.S. economy. Last month, consumer prices skyrocketed 7.9% to their highest level since the early eighties. If you haven't experienced sticker shock when going to fill up your tank at the local gas station, chances are it's just a matter of time before energy inflation hits your city, too.

During these uncertain times, billionaire entrepreneur Elon Musk feels the inflationary heat at his two companies - Tesla and SpaceX. The Tesla ...