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Elon Musk outlines three main hurdles standing in the way of Twitter acquisition
Elon Musk discussed a variety of topics related to his Twitter acquisition efforts during his virtual appearance at the Qatar Economic Forum on Tuesday. Musk discussed, among other things, the three primary hurdles standing between him and his acquisition of the social media platform.
Bloomberg Editor-In-Chief John Micklethwait hosted the event, and he promptly asked Musk about the status of his acquisition deal with Twitter. Musk responded by highlighting that he would be measured in his responses, as there is a limit to what he can say publicly about the deal for now.
“I like to be measured in my responses here, such as not to generate incremental lawsuits,” Musk said, later adding that “deposition minimization” is important.
Musk’s offer to purchase Twitter for $54.20 per share in a $44 billion deal met roadblocks after the Tesla CEO took issue with the social media company’s estimate that less than 5% of its users are bots. Musk has demanded clarity on the platform’s bot spam and fake account data, which he has hinted could affect the price of his buyout offer.
Micklethwait, for his part, asked Musk if Twitter had provided him the information he had been requesting. The Tesla CEO did not directly respond to the question, though he noted that there are still about three main unresolved matters that are standing in the way of his acquisition of the social media company.
“Well, there are still a few unresolved matters. You’ve probably read about the question as to whether the number of fake and spam users on the system is less than 5% as Twitter claims, which I think is probably not most people’s experience when using Twitter. So we’re still awaiting resolution on that matter, and that is a very significant matter. So we’re awaiting resolution on that.
“And then, of course, there is the question of, will the debt portion of the round come together? And then will the shareholders vote in favor? So I think those are the three things that need to be resolved before the transaction can complete,” Musk said.
While there seemed to be some resistance from Twitter when Elon Musk started demanding more detailed data on the platform’s bots and spam accounts, recent reports have suggested that the social media company has agreed to comply with the CEO’s requests.
According to a previous report from The Washington Post, Twitter’s Board had planned to comply with Musk’s requests by providing him with full access to the platform’s “firehose,” a stream of data comprising over 500 million tweets posted every day. Data in the firehouse is quite extensive, as it reportedly includes a real-time record of tweets, the devices they are tweeted from, and information about the accounts sending out posts.
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Tesla launches new feature that cold climate drivers will love
Tesla’s steering wheels are getting better with this simple yet effective software update.
Tesla is launching another new feature in its cars, this time it will cater to those in colder climates, and those drivers will love it.
Perhaps one of the best things about Teslas is that they routinely receive over-the-air software updates that either improve the ownership experience, add features, or make their performance more robust.
Every update offers some sort of bug fix or new feature that simply makes the cars better than they were before. For example, earlier this week, we reported on a new third-party charger latch release feature that will help those with non-Tesla home charging plugs.
Now, Tesla is releasing a new improvement to its heated steering wheel system, which has been around for several years. The new feature is one that will improve its performance and have your wheel nice and toasty the next time you get in, and it is a bit chilly outside.
According to Not a Tesla App, Tesla rolled out the Heated Steering Wheel improvements with the 2024.14 software update:
“If the steering wheel heater is set to Auto, the steering wheel will now heat up based on the cabin temperature, even if the climate system is set manually.
Previously, the climate system needed to be set to Auto for the steering wheel heater to turn on automatically.”
The change impacts all five Tesla models, the release notes state.
The heated steering wheel is one of the features that Tesla has used to help cater the vehicle’s overall performance to those in colder climates.
Tesla Model 3 with heated steering wheel begins US deliveries
Just as the air-conditioned and cooling seats are beneficial during the Summer months, the heated steering wheel is incredibly beneficial to those drivers in colder parts of the globe.
News
Tesla announces massive new achievement with 8 million cars produced
Tesla’s 8 millionth car comes just 8 months after it built its 7 millionth car.
Tesla announced a massive new achievement in relation to its automotive division as it has officially built 8 million cars globally.
The 8 millionth car rolled off production lines at Gigafactory Berlin on Friday, the company announced. The car was an Ultra Red Model Y, images show:
Produced our 8 millionth vehicle at Giga Berlin pic.twitter.com/gv1moWhwTH
— Tesla (@Tesla) June 6, 2025
The car comes just about eight months after Tesla built its 7 millionth car at the Fremont Factory last October, a major accomplishment considering the claims of a lack of demand from the media.
Additionally, Tesla was able to achieve this major threshold with a stoppage in production at each of its four production facilities earlier this year. The manufacturing halt was attributed to a production line changeover for the new Model Y crossover.
The car has been the best-selling vehicle in the world for two consecutive years, and the company pausing production for two weeks, yet still managed to produce one million cars in eight months is impressive.
Tesla currently only produces the Model Y at Gigafactory Berlin, but the car is also manufactured at Gigafactory Shanghai, Gigafactory Texas, and the Fremont Factory.
It is the only model to be produced at all four of Tesla’s global manufacturing plants, which span across three different continents.
Elon Musk
Elon Musk and Donald Trump to speak with each other Friday: report
White House aides have scheduled a call between the CEO and U.S. President on Friday.
Elon Musk and Donald Trump’s feud seems to be thawing, at least to some degree.
As per a recent Politico report, White House aides have scheduled a call between the CEO and U.S. President on Friday.
Musk vs. Trump
Musk turned into a staunch critic of Trump amidst the administration’s efforts to pass the “Big Beautiful Bill,” which the CEO claimed would add trillions to the country’s deficit. Trump, for his part, claimed that Musk turned on him due to the adverse effects of the proposed bill on his companies.
The spat between the two powerful men became so notable that Musk called for the impeachment of Trump on X. He also claimed that Trump was in the Epstein list. The U.S. President, for his part, threatened to cancel billions of dollars worth of government contracts with Musk’s companies such as SpaceX.
Potential Truce
As per Politico, however, White House aides have stepped in to temper the tensions and broker peace between the two powerful men. When asked by the outlet about his ongoing feud with the CEO, Trump reportedly stated that “it’s okay” and that “it’s going very well, never done better.” The U.S. President also highlighted his favorability ratings, stating that his “numbers are through the roof.”
While the CEO was very aggressive against Trump in his X posts, he did back down somewhat after some time. When hedge fund manager Bill Ackman argued that Trump and Musk should make peace for the benefit of the United States, the CEO responded with, “You’re not wrong.” Musk also walked back on his decision to decommission SpaceX’s Dragon spacecraft, which is essential to NASA’s operations.
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