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FEATURED Elon Musk Purchases Twitter for $41.39 billion, Elon becomes first person ever to lose $200 Billion Dollars

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Elon Musk has scrapped Twitter’s working from home policy and ordered its staff back to the office, days after firing 3,700 employees.
The social media platform’s new owner told staff in an email, seen by the Guardian, that its “road ahead is arduous and will require intense work to succeed”.
The Tesla CEO added that working from home would no longer be allowed except in special circumstances, with such cases personally vetted by Musk.


“Remote work is no longer allowed, unless you have a specific exception. Managers will send the exception lists to me for review and approval,” Musk wrote.
He added that the new policy, first reported by Bloomberg, would be effective from Thursday for a minimum of 40 hours a week.

Musk tried to reassure advertisers about his plans for the company in a meeting on Twitter’s audio chat feature, Spaces, on Wednesday.

Musk said during the call that he was still planning a moderation council that would tackle inappropriate content and consider account reinstatements, but it would take “a few months” to assemble. He said it would be advisory and “not a command council”.







 

has sold at least another $3.95 billion worth of shares in his electric car company Tesla after closing his $44 billion acquisition of Twitter.

Musk sold almost $22 billion worth of Tesla shares in 2021, a year when the stock jumped over 50%. This year, he sold over $8 billion worth of stock in April and roughly $7 billion worth in August.
On Aug. 9, Musk told fans he was done selling Tesla shares to fund a possible Twitter acquisition. He wrote, in a tweet, "In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don't come through, it is important to avoid an emergency sale of Tesla stock."

Since closing the purchase, Musk has pulled dozens of Tesla engineers to Twitter to assist him with code review and other work.
 
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