Tesla Motors Inc – Page 22

Musk Shakes Up Twitter’s Legal Team as He Looks to Cut More Costs

Twitter has stopped paying rent on offices and is considering not paying severance packages to former employees, among other measures.

Corporate governance experts say the electric-car maker’s directors may need to rein in the chief executive, with whom many have personal ties.

Firing people. Talking of bankruptcy. Telling workers to be “hard core.” Mr. Musk has repeatedly used those tactics at many of his companies.

The crypto exchange’s collapse is stoking fears of contagion across the industry. Meanwhile, FTX’s founder, Sam Bankman-Fried, is still speaking out.

The billionaire chief executive is testifying about a multibillion dollar compensation package the electric car company’s board put in place in 2018.