Tesla hands out keys to lower-priced model

The world's richest man now controls one of the most influential social media platforms. What's his plan? And how will he use that power?

Elon Musk said afterwards in a tweet that the arrangement is only temporary. It is unclear if or when he will name a new board.

Some web users are falsely claiming that Paul Pelosi and the suspect who attacked him are gay lovers. Elon Musk, the new owner of Twitter, tweeted then deleted this unfounded conspiracy theory published by the Santa Monica Observer. Also, did Musk fire an employee on a live Joe Rogan show? We tell you more in this edition of Truth or Fake.

Employees are bracing for bad news after receiving a memo about job cuts, with every second worker reportedly at risk of being laid off. Elon Musk has already fired top executives since buying the social media giant.

Half of the social media giant's staff were reportedly laid off, some advertisers pulled their ads and US President Joe Biden said the platform "spews lies all across the world."

Tesla CEO Elon Musk is defending himself in a shareholder lawsuit challenging a compensation package he was awarded by the company's board of directors that is potentially worth more than $55 billion.

In this edition of Truth or Fake we investigate a deepfake video where Elon Musk allegedly admits to being high. As concerns over deepfakes have grown over the years, China is the first country to introduce regulations around this AI technology.

German car giant Volkswagen has chosen Canada to build its first battery plant outside Europe to localize its electric vehicle production chain in the region.

Electric vehicle maker Tesla reported a 24 percent rise in revenue in the first quarter of the year, while also seeing a 24 percent drop in profits. This follows a price-cutting drive in order to gain more market share in an increasingly competitive industry.

The South-African born billionaire said his replacement at the helm of the social media giant will start the job in around six weeks.

Elon Musk, Chief Executive of Tesla, is making a visit to China this week. As the electric vehicle company's second-largest market and a crucial player in its supply chain, the country holds significant importance for Tesla. After a meeting with the Chinese foreign minister, Musk was reported to have expressed his opposition to the idea of "decoupling" the world's two leading economies.

It was the kind of send-off that Donald Trump and Boris Johnson would surely love: a packed house and a packed piazza outside for the state funeral of Silvio Berlusconi. AC Milan supporters chanted their longtime president's name after the death this week at 86 of Italy's longest-serving leader since World War II.