The Tesla chief sells nearly $4 billion worth of shares in the electric car company almost two weeks after acquiring Twitter for a massive $44 billion.
"Roughly 50 percent" of employees were impacted and would be denied access to company computers and email on an immediate basis, an internal document reads.
The social media giant's head of safety says the platform's rules "haven't changed" after the takeover by self-declared "free speech absolutist" Elon Musk.
Tesla, of which Musk is CEO, started accepting dogecoin as payment for its merchandise early this year.
Tesla and SpaceX owner takes control of Twitter and fires its top executives, US media report, hours before the deadline for the billionaire to seal his on-again, off-again deal to purchase the social media network.
Musk changes his Twitter profile to "Chief Twit" and posts video of himself walking into the social network's California headquarters carrying a sink, days before his $44 billion takeover of the firm must be finalised.
Musk told investors he will get rid of three-fourths of the social media firm’s 7,500 workers, Washington Post reports.
Days after proposing Ukraine permanently cede Crimea to Russia, the world's richest person says conflict over Taiwan is inevitable but tensions could be resolved by handing over some control of the island to Beijing.
Elon Musk sought to delay the Twitter Inc trial to November, according to a court filing, as a whistleblower provided him with fresh ammunition to back out of a $44 billion deal to buy the social media company.
Pranay Pathole has known Elon Musk from their online correspondence over Twitter since 2018. He got the chance to meet his idol on his first trip overseas to the United States.
Tesla CEO has a history of making irreverent tweets and it was not immediately clear whether he planned to pursue a deal.
The move comes after Musk sold around $8.5 billion worth of shares in the electric carmaker in April as he was preparing to finance a deal with the social media giant.
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