We put together a round-up of one of tech’s biggest weeks ever.
The founder of Tesla has had a week to remember, beginning on April 4 with his disclosure that he had taken a majority shareholder stake in media platform Twitter.
It was a whirlwind five days for Elon Musk as he not only disclosed that he now owned 9% of Twitter (TWTR) – Get Twitter, Inc. Report, but also switched his ownership from passive to active, in a likely bid to spark change at the company.
Readers hardly had a chance to digest that news before Musk was off again, glad-handing President Joe Biden’s administration officials, and setting down rules for his new factory opening in Austin, Texas on April 7.
In between those two things — and in the span of four days — Musk also managed to catch the eye of regulators via the Securities and Exchange Commission, poll his 80.9 million Twitter followers about how they felt regarding an “edit” button for the platform, and top Amazon guru Jeff Bezos as the richest human on the planet.
Confused or lost in this whirlwind of Tasmanian devil dust?
Don’t worry, TheStreet has you covered. You can check out all of that coverage — and the analysis that came with it — in our wrap-up of Musk’s Wild Week below.
So What Happened With Elon Musk and Twitter?
There was every possible kind of hot take happening after the April 4 announcement that Musk was now holding the largest amount of Twitter of any of the companies shareholders.
The news both delighted free speech advocates and alarmed regulators, while giving the tech media a serious workout in floods of analysis, confusion, speculation and finally acceptance.
Here were our biggest headlines for Elon Musk’s conquest of Twitter this week:
Elon Musk Sends a Cryptic Message to Twitter
Elon Musk’s Twitter Stake Could Resurface Boardroom Battles
Elon Musk and Joe Biden Are Now Friends
Did you know Biden and Elon Musk had a chilly relationship? Well, we did, and watching it chronicled in real time since Biden’s inauguration has had its ups and downs.
Biden, a centrist Democrat, had spent most of career winning elections with the help of unions. So when he came into office in 2020, he was faced with the conundrum of continuing to tout electric vehicles while also trying to ignore the sector’s biggest company, Tesla (TSLA) – Get Tesla Inc Report, because it has not had a pro-union stance in the past.
So what changed this week? Only a few things — but they were big. Check out the highlights below:
Joe Biden Takes Major Step to Embrace Elon Musk
Why Elon Musk Can Change Twitter, But Can’t Take it Over (Just Yet)
Elon Musk U-Turns on Twitter, Concedes ‘Active’ $3.7 Billion Stake
Twitter Stock Soars As Tesla CEO Elon Musk Reveals ‘Passive’ 9.2% Stake
Elon Musk Has an Ideal Plan to Take on Rivals
Didn’t Tesla Just Throw a Rodeo?
Not to be outdone by presidential politics and its founder’s moves on the stock market, Tesla itself had big news this week after it opened its factory in Austin, Texas.
Musk’s team was obviously ready to welcome the world on April 7, as the first night debuted skyrocketing lights, doodling drones, major product announcements and Elon in a cowboy hat.
Here were our stories that covered the event from all the angles fit to print:
Elon Musk Said 5 Key Things at His Texas Cyber Rodeo
Elon Musk Has Very Good News for Cybertruck and Semi Fans
Elon Musk Wows in Remarkable Gigafest Opening
Tesla Makes Huge Promise at Latest Event
Tesla Fans Left Outside Cyber Rodeo
Tesla’s Musk Ready to Ride High in Cyber Rodeo
Elon Musk and Tesla Adopt a Puzzling Rule
Jeff Bezos Loses Wealthiest Person Crown to Elon Musk
Amazon (AMZN) – Get Amazon.com, Inc. Report is the world’s biggest retailer, but its founder is not the world’s biggest billionaire anymore.
That title now belongs to Elon Musk, who swiped it this week amid a flurry of ascendant news covering all three of his tech companies and major plays he made buying stake in Twitter.
What that means, and why it matters, you can read about here:
Elon Musk Tops Jeff Bezos in Billionaire Ranking
Amazon’s Jeff Bezos Takes New Step in Fight With Elon Musk’s SpaceX
Other Miscellaneous Tesla News
There was plenty more that went on this week for Tesla and Elon Musk, and you can read all of that below:
