Elon Musk expected to confirm desire to own Twitter in meeting Thursday – WSJ

This post was originally published on this site

https://i-invdn-com.investing.com/trkd-images/LYNXMPEI5E11R_L.jpg

The head of electric car maker Tesla (NASDAQ:TSLA) Inc is likely to clarify recent comments about remote work and talk about his strategy for Twitter, including the role of advertising and subscriptions, according to the report https://on.wsj.com/3MPPfff published on Wednesday.

Twitter and Tesla did not immediately respond to a Reuters’ request for comment outside regular business hours.

Musk, the world’s richest person according to Forbes magazine, is trying to buy Twitter for $44 billion.

Earlier this month, Musk had said that Tesla employees were required to be in the office for a minimum of 40 hours per week, closing the door on any remote work. “If you don’t show up, we will assume you have resigned,” he said.

Twitter shares rose roughly 5% in post-market trading, after closing up 2% on Wednesday.