April 1, 2023

The Queens County Citizen

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Elon Musk: Is he losing control?

Elon Musk: Is he losing control?

The European Union and the United Nations have condemned it Elon Musk’s decision to suspend a dozen journalists from Twitter. When Musk took over the company, he vowed to run Twitter as a “libertarian autocrat.” Faced with a barrage of criticism, he backtracked and announced that he would restore their access.

He excluded these journalists for reporting the expulsion of a 20-year-old student who followed his movements on his private jet. He said that he and his family are in danger because of it. But why is it that even journalists who are merely reporting the news are banned from giving details about the whereabouts of his plane?

Ever since he took over Twitter, he’s been working hard to accommodate the mood of his new boss. Since its acquisition of the social network last October for 44 billion US dollars, its management has been in disarray: a series of resignations and layoffs and the loosening of regulations on the platform’s content. Decisions that scare advertisers. To reduce Twitter’s operating costs as revenues fall, the company will no longer pay rent for its headquarters in San Francisco and its offices around the world.

The Irresistible Rise of Elon Musk

Born in South Africa, he immigrated to Canada with his parents. After attending Queen’s University in Kinston, Ontario, he moved to California in 1995. Co-founded Zip2 with his brother, A company that creates maps and directories for online newspapers.

Through mergers and acquisitions this led to PayPal in 2000, in which he was removed from the board of directors while remaining a shareholder. When PayPal was acquired by eBay in 2002, Musk used the $175.8 million to found SpaceX, a spaceflight company.

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In 2004, he was one of the first investors in Tesla, which he acquired in 2008. In 2016, he created Neuralink, which is developing a brain-computer interface. He even plans to act as a guinea pig himself and install one.

In 2018, the US Securities and Exchange Commission (SEC), which regulates financial markets, sued Musk over the allegations. He falsely claimed to have obtained financing for a Tesla takeover. Musk was forced to step down as chairman of Tesla and pay a $20 million fine. His misleading statements and misinformation about COVID-19 have been heavily criticized.

Musk and Asperger syndrome

in An interview with the Axios news site, Musk opened up about his life with Asperger’s syndrome, an autism spectrum disorder. Einstein, Darwin and Newton were also affected by it. He recognized the syndrome’s influence on his decision-making. There are few known examples of business leaders with the syndrome.

A towering genius, Elon Musk is also a strange, impulsive and unpredictable creature. After allowing him to amass his immense wealth, will his eccentricities lead to his downfall?