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A Series of incidents occurred that directly related to and could make an impact on Elon Musk, that people are talking about.
Apparently, when you are CEO of Tesla and SpaceX like companies and the world’s richest man, your day can’t be just normal or ordinary just like that. But the last 24 hours for Elon Musk might have crossed the limit and a lot to handle. A lot of things happened on Tuesday alone, where Elon Musk brought fearful excitement for investors at an economic forum as he criticized and pumped the cryptocurrency at once.
Moreover, the same day saw a big movement in the deal where Elon Musk sought to buy Twitter. Also before the day went out, he had at least two new court filings. This is completely a day full of such events the following madness. Although Elon Musk himself is known to be a controversial figure as his personal branding has turned out to be, still it a lot in a day.
Don’t know if it’s the drama that Elon Musk likes or it’s just his absurd demands that make even several simple things quite complicated. On Tuesday, when the board of directors at Twitter were going to recommend the shareholders to approve Elon Musk’s offer to purchase Twitter in $44 billion, Musk brought another series of challenges that the social media company has to deal with first. Musk has reiterated his demands while he was speaking at a conference in Doha.
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Another scene that created a headline included Elon Musk and his favorite cryptocurrency Dogecoin. While speaking at the Qatar Economic Forum, Musk has supported Dogecoin as he noted that his space exploration company SpaceX is looking towards accepting DOGE in payments for its merchandise sales. This resulted in meme currency to go up by almost 12%.
Further Elon Musk’s company Tesla had got under a lawsuit filed by its former employees where they accused the company of violating the labor laws regarding the mass layoff. This came in the wake of an internal memo that landed from the company stating that it needs to lay off 10% of its overall salaried staff. Elon Musk tried to change the perception while saying that Tesla will cut down its salaried staff by 10% in the next three months, but that will increase the company’s hourly hiring.
Lastly, a court filing from the month of April came into light on Tuesday that was filed by Elon Musk’s transgender daughter. In the filing, his daughter wished to live no longer with Elon Musk in any way. As per reports, Xavier Alexander Musk turned 18 recently and asked the court to register her new name including surname while changing her gender recognition from male to female.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
