Elon Musk

2022 - 6 - 17

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SpaceX Reportedly Fires Employees Over Open Letter Denouncing ... (Forbes)

Elon Musk's SpaceX has fired employees who took part in writing and sharing an open letter criticizing the billionaire chief executive of the rocket company ...

Musk was also sued this week for allegedly manipulating the price of dogecoin, a meme-based cryptocurrency, on Twitter in a deliberate “ crypto pyramid scheme.” His fortune shrunk by $14.2 billion on Thursday as shares of his electric carmaker Tesla dropped by nearly 9%. He has been censured by regulators for his tweets in the past and sued for allegedly misleading investors by a Twitter shareholder.

SpaceX fires at least five over letter criticizing Elon Musk as ... (Financial Post)

The open letter called on executives at the startup to change the company's work culture to make it more inclusive. Find out more here.

Article content Billionaire Musk is pursuing a US$44-billion bid for Twitter and has made clear his support of freer controls on speech on the site. Article content It had not detailed the number of employees who had been dismissed. Article content Article content

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SpaceX fires employees who condemned Elon Musk's behavior in ... (Mashable)

SpaceX employees circulated an open letter condemning CEO Elon Musk and asking the company to separate from Musk's "personal brand".

SpaceX employees have recently been told by Musk that they must spend at least 40 hours in the office, or face the prospect of unemployment. "As our CEO and most prominent spokesperson, Elon is seen as the face of SpaceX — every Tweet that Elon sends is a de facto public statement by the company. Musk, who is also the CEO of Tesla, recently acquired Twitter for $44 billion, in a deal which has proved to be controversial. According to The Verge, many employees agreed with the letter, some expressing embarrassment over Musk's tweets and behavior. In particular, the letter took aim at the company's CEO and his public actions. "We have too much critical work to accomplish and no need for this kind of overreaching activism."

Elon Musk hit with Tesla investor lawsuit over 'toxic' work culture (Financial Post)

An environment of discrimination and harassment has exposed Tesla to millions in potential liability, the complaint alleges. Read more.

Tesla didn’t immediately respond to a request for comment. “Tesla’s toxic workplace culture has caused financial harm and irreparable damage to the company’s reputation.” Article content

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Crypto investor sues Elon Musk for $258B over dogecoin 'pyramid ... (The Hill)

A cryptocurrency investor has sued Elon Musk for $258 billion, saying the Tesla co-founder ran a pyramid scheme via dogecoin The lawsuit, filed by plaintiff ...

We invite you to join the discussion on Facebook and Twitter. Musk also urged fast-food restaurant McDonald’s to start accepting cryptocurrency dogecoin as a type of payment in January. The lawsuit also details Musk’s tweets and videos on dogecoin over the years.

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SpaceX fires workers who criticized Elon Musk in open letter (The Washington Post)

SpaceX has fired employees who helped coordinate an open letter critical of chief executive Elon Musk's behavior on Twitter and other public forums.

“If I see something that’s inappropriate, the key concern to me is what is the culture that led to that inappropriateness and is NASA involved in that,” he told The Post at the time. “The absence of a CEO who doesn’t state this behavior is unacceptable emboldens people. With the firings of the SpaceX employees, at least space industry official saw an opportunity. Is the culture we are fostering now the one which we aim to bring to Mars and beyond?” Musk on Thursday met with Twitter employees for the first time in a gathering that angered staffers there anew, The Post reported. Shotwell has said repeatedly that the company does not tolerate discrimination or harassment and that she personally reviews complaints that employees are encouraged to file in an anonymous drop box. NASA didn’t release its findings, but Shotwell told reporters then that the “results came back very positive.” After the allegation of sexual harassment against Musk, Shotwell defended him in an email to employees. Musk and his companies were also served with a lawsuit Thursday for allegedly defrauding investors as part of a scheme to promote the cryptocurrency dogecoin. “The collaboration we need to make life multiplanetary is incompatible with a culture that treats employees as consumable resources,” it said later. In recent weeks, Musk has used his Twitter account to laud right-wing political figures, boost cryptocurrency and accuse the news media of liberal bias, all while sharing updates of SpaceX’s progress toward several launches. The Post has been unable to verify those allegations.

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Elon Musk's SpaceX fires at least five over critical letter (Reuters)

Private rocket company SpaceX fired at least five employees after it found they had drafted and circulated a letter criticizing founder Elon Musk and urging ...

Register now for FREE unlimited access to Reuters.com On Thursday, he told Twitter employees the platform should allow "pretty outrageous things" as long as the content is not illegal. Billionaire Musk is pursuing a $44-billion bid for Twitter and has made clear his support of freer controls on speech on the site. It had not detailed the number of employees who had been dismissed. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com

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Elon Musk Hints at Layoffs After Twitter Takeover (PGurus)

Elon Musk has told Twitter employees that the platform "needs to get healthy" financially and bring down costs, suggesting that job cuts are likely in ...

In an earlier meeting, Twitter CEO Parag Agrawal told employees that layoffs were not being planned “at this time”. Though Musk did not explicitly say if there would be job cuts, his comments suggest the odds are high. The question of layoffs has been top of mind for Twitter’s more than 7,000 employees since Musk first said he wanted to buy the company. Tech billionaire Elon Musk has told Twitter employees that the platform “needs to get healthy” financially and bring down costs, suggesting that job cuts are likely in store if his deal to buy the social media service goes through.

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Elon Musk, Tesla and SpaceX sued for $258 billion over alleged ... (Euronews)

Musk's tweets on Dogecoin, including one where he called it the "people's crypto", have caused massive swings in its price.

A lawyer for Johnson did not immediately respond to requests for comment on what specific evidence his client has or expects to have that proves Dogecoin is worthless and the defendants ran a pyramid scheme. "Musk used his pedestal as World's Richest man to operate and manipulate the Dogecoin Pyramid Scheme for profit, exposure and amusement". Tesla and SpaceX CEO Elon Musk is being sued for $258 billion (€245 billion) by a Dogecoin investor who accuses him of running a pyramid scheme to support the cryptocurrency.

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Tesla investor sues Elon Musk, claims workplace culture is toxic (Business Insider)

A Tesla investor has issued a lawsuit against the company's board, accusing the carmaker of creating a toxic workplace culture.

In late 2021, Tesla was ordered to pay $137 million to a former employee who accused the company of racial harassment. The lawsuit alleges that: "Tesla has created a toxic workplace culture grounded in racist and sexist abuse and discrimination against its own employees." - The lawsuit alleged Tesla had a "toxic workplace culture grounded in racist and sexist abuse."

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SpaceX fires at least five employees over letter criticizing Elon Musk (The Globe and Mail)

SpaceX President Gwynne Shotwell sent an email saying the company had investigated and “terminated a number of employees involved” with the letter, the New York ...

Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Billionaire Musk is pursuing a $44-billion bid for Twitter and has made clear his support of freer controls on speech on the site. It had not detailed the number of employees who had been dismissed. Be smart with your money. The SpaceX letter, headed “an open letter to the Executives of SpaceX,” seen by Reuters, called Musk a “distraction and embarrassment” to the company he founded. SpaceX President Gwynne Shotwell sent an email saying the company had investigated and “terminated a number of employees involved” with the letter, the New York Times said.

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SpaceX fires at least 5 employees over internal letter criticizing CEO ... (CNBC)

SpaceX has fired at least five employees involved in circulating a letter around the company that was critical of CEO Elon Musk.

She also emphasized SpaceX has a trio of launches scheduled "within 37 hours" this weekend, as well as ongoing work to support the International Space Station. The internal SpaceX letter also referenced recent sexual misconduct allegations against Musk, reported by Business Insider last month. The CEO has created an often eccentric persona in public spheres, particularly on Tesla.

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Tesla shareholder sues Elon Musk, board over 'toxic workplace ... (New York Post)

A Tesla investor has accused CEO Elon Musk and the board of directors of damaging shareholders by ignoring a “toxic workplace culture” that has taken hold ...

He wants to represent a class of people who have lost money investing in dogecoin. As The Post reported at the time, the California’s DFEH complaint includes allegations that that Tesla employees, including managers, used racial slurs including the N-word, “monkey toes,” “porch monkey” and “hood rat.” Chau claims that Tesla’s failure to address the problem has caused the company to lose “high quality employees” and opened up the firm to various penalties and fines.

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SpaceX fires at least five for letter criticizing Elon Musk - CNN (CNN)

Private rocket company SpaceX fired at least five employees after it found they had drafted and circulated a letter criticizing founder Elon Musk and urging ...

Billionaire Musk is pursuing a $44-billion bid for Twitter and has made clear his support of freer controls on speech on the site. The SpaceX letter, headed "an open letter to the Executives of SpaceX," seen by Reuters, called Musk a "distraction and embarrassment" to the company he founded. It had not detailed the number of employees who had been dismissed.

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Elon Musk Faces $258 Billion Lawsuit Over Alleged Dogecoin ... (Kotaku)

The billionaire is being sued over his alleged involvement with a scheme to inflate the crypto coin's price.

Musk has been in the news recently for his ongoing feud with a video game comedy website on Twitter. And the funniest part of that feud is how badly Musk is losing. Bloomberg reported yesterday that Musk and his companies are being sued over claims that they are part of a racketeering scheme involving the Dogecoin cryptocurrency. The potentially expensive lawsuit was filed by Keith Johnson, who claims that Musk, SpaceX, and Tesla were all part of a large-scale pyramid scheme designed to control the price of Dogecoin while also convincing people online that the cryptocurrency was a legitimate and sound investment.

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Elon Musk Wants Free Speech for Himself, Not SpaceX Employees (New York Magazine)

The letter had asked SpaceX to “publicly address and condemn Elon's harmful Twitter behavior.” To Musk, Twitter is a megaphone, which is likely why he's trying ...

Per the agreement, a Tesla attorney screens some Musk tweets about the company, an arrangement that Musk claims violates his free speech. “Some of my most vivid memories are asking questions about the union to colleagues and being told to shut up or I’d get fired,” Crystal Guardado, a former Tesla worker, told The Guardian in 2018. She wouldn’t be the only Tesla employee penalized for speaking out on the job or for displaying an interest in unionization. After Insider reported that a SpaceX flight attendant had accused Musk of sexual harassment, Musk tweeted jokes about the allegations. At the same time, it has also uncovered the exact borders of Musk’s commitment to free speech. Yet as the SpaceX letter implies, that megaphone has also revealed an ugly side to Musk’s persona.

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Elon Musk had a bad week (CNBC)

Musk's other big company, SpaceX, fired a group of employees who circulated an internal letter and faces a long to-do list before its Starship rocket program ...

In addressing concerns about potential layoffs, Musk said Twitter needs to get into a healthy financial state, but that "anyone who is a significant contributor has nothing to worry about," according to the person. But it first requires a launch license from the FAA, and the regulator's required mitigations amount to a significant lift before the company can request one. CNBC reported Friday that at least five employees involved in the letter were fired as a result. Please stay focused on the SpaceX mission, and use your time at work to do your best work." The regulator issued a list of more than 75 environmental mitigation actions the company must complete before it can move forward with Starship flight tests. But his answer didn't appear to calm concerns. "I would advise caution before attempting to draw conclusions based only on the data that we're releasing," NHTSA Administrator Steven Cliff said during a media event. Meanwhile, the Federal Aviation Administration on Monday handed SpaceX's Starship rocket program a long to-do list before it can receive a launch license in Boca Chica, Texas. "I am sorry for this distraction. The Model X Dual Motor All-Wheel Drive Long Range went up by $6,000. The FAA on Monday made an environmental decision that resulted in a mix of good and bad news for Musk's SpaceX, and the mammoth Starship rocket the company is developing in Texas. Electrek said the price of the Model S Dual Motor All-Wheel Drive increased by about $5,000 to $104,990.

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Image courtesy of "Los Angeles Times"

SpaceX workers fired over letter criticizing Elon Musk (Los Angeles Times)

SpaceX fires employees who complained in a letter that Elon Musk's antics were 'a frequent source of distraction and embarrassment for us.'

Also on Thursday, Musk held a video call with employees of Twitter to take questions in advance of his planned $43-billion purchase of the company. “The collaboration we need to make life multiplanetary is incompatible with a culture that treats employees as consumable resources,” the letter states. The paper cited an email in which SpaceX President and Chief Operating Officer Gwynne Shotwell said the company had investigated and “terminated a number of employees” involved with the letter.

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SpaceX employees fired after writing letter criticizing Elon Musk (The Guardian)

Letter called for SpaceX to make work culture more inclusive and 'define and uniformly respond to all forms of unacceptable behavior'

It added: “Hold all leadership equally accountable to making SpaceX a great place to work for everyone” and “define and uniformly respond to all forms of unacceptable behavior”. In a list of three demands, the letter said: “SpaceX must swiftly and explicitly separate itself from Elon’s personal brand.” SpaceX’s president, Gwynne Shotwell, sent an email saying the company had investigated and “terminated a number of employees involved” with the letter, the New York Times said.

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SpaceX Said to Fire Employees Involved in Letter Rebuking Elon ... (The New York Times)

In an email, Gwynne Shotwell, SpaceX's president, said the letter had made other employees “feel uncomfortable, intimidated and bullied.”

In her email, which was obtained by The New York Times, she said the company had investigated and “terminated a number of employees involved” with the letter. “This is how we will get to Mars.” In May, Insider reported that a flight attendant said had Mr. Musk propositioned her for a sexual massage during a flight to London in 2016. Mr. Musk is also chief executive of Tesla, the electric automaker. Mr. Musk, who has previously been sued by a government regulator and private individuals for his tweets, founded SpaceX in 2002. “We have too much critical work to accomplish and no need for this kind of overreaching activism.”

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Elon Musk's Chat With Twitter Appears to Have Resulted in More ... (Vanity Fair)

Also, the same day Musk addressed Twitter's staff for the first time since making a bid to buy the company, SpaceX fired a number of employees for ...

The problem is that that lack could adversely affect the whole world.” Not all employees left the meeting disappointed, though. Musk also clarified his stance on free-speech absolutism as it pertains to Twitter: “Freedom of speech is one thing, because, like, anyone could just go into the middle of Times Square right now and say anything they want. During the 45-minute town hall, Musk, whose approximately $44 billion bid to buy Twitter was accepted by the company’s board in April but remains on shaky ground (Musk has repeatedly made comments that make it seem like he’s trying to back out of his offer), also outlined his vision to turn the platform into the world’s town square. In an April tweet, Musk floated the idea of converting “Twitter SF HQ to homeless shelter since no one [shows] up anyway,” adding, “I’m serious about this one btw.” Over the past two months, Musk has harshly criticized Twitter’s leadership and cited the platform’s issue with spam and bot accounts as the main reason why his deal to buy the company is “temporarily on hold.” But on Thursday, he assured company employees that he loves the site, per a report from Recode. “Some people use their hair to express themselves. There’s every reason to believe that Twitter employees likely left Musk’s address with a lot more questions about the future of their workplace.

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Dogecoin : un investisseur malchanceux réclame 245 milliards de ... (Phonandroid)

Alors que le crash des cryptomonnaies bat encore son plein, un investisseur accuse Elon Musk d'avoir fait flamber le marché.

Pour appuyer sa théorie, il a intégré de nombreux tweets d’Elon Musk dans son dossier, notamment celui où il se qualifie lui-même de « Dogefather ». « La Défense prétend de manière mensongère et trompeuse que le Dogecoin est un investissement légitime alors qu’il n’a aucune valeur », argumente-t-il. Pas une devise n’est éparnée, de la plus populaire à la plus intimiste. Un investisseur a alors décidé de porter contre plainte contre Elon Musk et ses entreprises Tesla et SpaceX, qu’il accuse d’avoir fait la promotion de la devise canine pour faire gonfler artificiellement sa valeur.

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Accusé de manipuler le dogecoin, Elon Musk se voit réclamer 258 ... (Les Échos)

Une plainte contre Elon Musk a été déposée aux Etats-Unis pour manipulation de cours et pyramide de Ponzi, avec une demande d'indemnité record de 258 ...

Malgré son plongeon, c'est encore la dixième crypto mondiale (7 milliards de dollars). Elle vaut à Elon Musk cette demande de dommages phénoménaux, a révélé le « New York Post ». Ils pourraient être très nombreux à la vue de la popularité du dogecoin, notamment sur les réseaux sociaux. Voilà 3 choses à savoir sur le parc nucléaire français. Certains l'accusent d'être plutôt le Madoff du dogecoin. L'effondrement des cryptos va susciter une vague de procédures judiciaires de la part d'investisseurs ruinés. L'effondrement des cryptos et la faillite de certains acteurs du secteur risquent d'entraîner une vague d'actions en justice de la part d'investisseurs ruinés. Premier à ouvrir les hostilités, l'américain Keith Johnson s'attaque à Elon Musk. Il estime que le patron de Tesla a manipulé le cours de la crypto dogecoin et lui réclame ainsi qu'à ses sociétés, Tesla et SpaceX, la modique somme de 258 milliards de dollars, soit davantage que la fortune d'Elon Musk (215 milliards). A 5 cents, après en avoir valu 74 il y a plus d'un an, le dogecoin ne fait plus rire personne.

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Un investisseur accuse Elon Musk d'avoir manipulé le cours du ... (20minutes.fr)

Un particulier a porté plainte à New York et espère pouvoir constituer une class action. To the moon! Ou plutôt à la cave. Un investisseur ayant perdu de ...

Avant de commencer à reculer peu après la diffusion d'une émission satirique dans laquelle Elon Musk a qualifié dans un sketch de Saturday Night Live la devise virtuelle «d'arnaque». Un investisseur ayant perdu de l'argent en pariant sur le dogecoin, une cryptomonnaie à l'origine parodique gonflée notamment par l'intérêt d'Elon Musk, a déposé jeudi une plainte réclamant 258 milliards de dollars au multi-milliardaire et à ses entreprises Tesla et SpaceX. Depuis qu'Elon Musk a commencé à promouvoir la devise virtuelle cette année-là, les personnes y ayant investi de l'argent ont perdu environ 86 milliards de dollars, estime-t-il.

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SpaceX reported to fire employees critical of CEO Elon Musk (CP24 Toronto's Breaking News)

SpaceX, the rocket ship company run by Tesla CEO Elon Musk, has fired several employees involved in an open letter that blasted the colorful billionaire for ...

“As our CEO and most prominent spokesperson, Elon is seen as the face of SpaceX - every tweet that Elon sends is a de facto public statement by the company,” the open letter said. Musk denied the sexual harassment allegations, and Shotwell last month sent out an email to SpaceX employees saying she believe the accusations were false. The letter writers denounced Musk for actions that they said are a “frequent source of distraction and embarrassment for us, particularly in recent weeks.”

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Tesla et Musk poursuivis pour avoir ignoré des accusations de ... (Le Journal de Québec)

Un actionnaire de Tesla poursuit l'entreprise les accusant d'avoir négligé les accusations de harcèlement sexuel et de racisme .

Le plaignant estime en effet que le groupe, les 11 membres de son conseil d’administration et M. Musk, qui est directeur général, ont ignoré les nombreux « signaux d’alarme », ce qui a provoqué le départ de plusieurs employés hautement qualifiés et engendré des dépenses pour régler certaines procédures ou payer des amendes. • À lire aussi: Twitter va fournir les données sur les faux comptes à Elon Musk • À lire aussi: Rencontre très attendue entre Musk et les employés de Twitter

SpaceX reported to fire employees critical of CEO Elon Musk (Financial Post)

HAWTHORNE, Calif. (AP) — SpaceX, the rocket ship company run by Tesla CEO Elon Musk, has fired several employees involved in an open letter that blasted ...

“As our CEO and most prominent spokesperson, Elon is seen as the face of SpaceX — every tweet that Elon sends is a de facto public statement by the company,” the open letter said. Musk denied the sexual harassment allegations, and Shotwell last month sent out an email to SpaceX employees saying she believe the accusations were false. The letter writers denounced Musk for actions that they said are a “frequent source of distraction and embarrassment for us, particularly in recent weeks.”

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UPDATE 3-Elon Musk's SpaceX fires at least five over critical letter (Yahoo News Canada)

Private rocket company SpaceX fired at least five employees after it found they had drafted and circulated a letter criticizing founder Elon Musk and urging ...

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