The super-rich have more money than they could ever spend. But how can society compel them to give up their excessive wealth? Billionaires counter that they work hard, create jobs and make big donations.

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.

Nigeria has refused to enter into a mining deal with Tesla, a top American electronic car manufacturer, battery energy storage, Solar panels, and solar roof tiles. The deal was expected to see Tesla, Inc. mine lithium in Nigeria for its production.

The world's biggest electric car maker said on Saturday that it delivered 254,695 vehicles in the April to June period, compared with 310,048 vehicles in the preceding quarter, ending a nearly two-year-long run of record quarterly deliveries.

Tesla CEO, Elon Musk recently acquired Twitter after the board agreed to the takeover bid by the Billionaire, marking a dramatic reversal of its earlier hesitation to accept the offer. Musk reportedly paid $54.20 (€50.8) per share in cash, or $44 billion, to take a 38% stake in the messaging platform. The takeover has however been welcomed with mixed feelings with many expressing fears that Musk may alter the way the platform operates.

In the World This Week, UN Secretary General Antonio Guterres tries to negotiate humanitarian corridors in Ukraine while on a visit to Kyiv. French President Emmanuel Macron's re-election honeymoon period proves short-lived, with the focus quickly turning to June legislative elections. And Tesla founder Elon Musk makes a $44 million offer for social media platform Twitter.

Tesla CEO Elon Musk will not be joining the board of directors at Twitter as announced last week. Musk remains Twitter's largest shareholder.

Elon Musk had often lamented the red tape that held up Tesla's German factory. But Robert Hermann, CEO of the Germany Trade and Invest government agency, says no country in Europe could have built it faster.

Tesla CEO Elon Musk has bought a roughly 9-percent stake in Twitter. Media reports say he is now the largest shareholder in the social-media company. A US Securities and Exchange Commission filing shows Musk owns over 73 million Twitter shares representing a 9.2-percent stake.

A Washington-based Muslim group accused Tesla of "supporting genocide" against Uyghurs, with a Republican senator also piling on pressure over Tesla's Xinjiang showroom.

The electric vehicle maker Tesla looks set to open its first European factory in the coming weeks. The company has just thrown a party to win more public support — a final permit for the plant near Berlin has not yet been granted.

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