Barclays has become the latest blue chip firm to tighten its office attendance policy, asking staff to attend the office a minimum of three days a week. The British-headquartered lender unveiled a more stringent approach to hybrid working in a memo to staff earlier this week,
Last summer, the firm helped strike down a $56 billion pay deal for Musk that would now be valued at around $100 billion after Tesla’s stock soared last year.
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.
The richest man in the world, Elon Musk, recently sent letters to the employees of X, stressing that investing in the company hardly brings any results, judging by the captions of the American media.
In a recent internal email to employees, Elon Musk, CEO of X, acknowledged the platform's ongoing financial challenges.
Elon Musk has promised a rebound in Tesla sales this year after a disappointing 2024, with leaps forward in artificial intelligence that will enable unsupervised, self-driving cars on Texas roads by June.
The Wall Street Journal reports that banks are planning to sell part of the $13 billion in debt they gave Musk to buy Twitter.
Despite falling 4.51% over the last five days, Elon Musk's Tesla has surged 108.50% over last year, making it over 4x expensive than peers.
Wall Street banks, led by Morgan Stanley, are preparing to sell up to $3 billion in debt tied to Elon Musks social media platform X, previously known as Twitter. Sources revealed that Morgan Stanley bankers have
Elon Musk has admitted to the financial woes of his social media platform X. In an email to employees this month, Musk said that X is barely breaking even amid stagnant user growth and unimpressive revenue.
In an e-mail to X employees, quoted by The Wall Street Journal, Elon Musk has said that the social network is facing serious revenue problems and stagnant user growth. Musk admitted: “Our user growth is stagnant,