• Mr Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California, in 2014. Reuters
    Mr Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California, in 2014. Reuters
  • Tesla and SpaceX founder Elon Musk. Getty Images
    Tesla and SpaceX founder Elon Musk. Getty Images
  • Mr Musk with music producer Quincy Jones. AFP
    Mr Musk with music producer Quincy Jones. AFP
  • The wealthiest person in the world with a worth of $274.3 billion, Mr Musk was named 'Person of the Year' by 'Time' magazine in 2021. Getty Images
    The wealthiest person in the world with a worth of $274.3 billion, Mr Musk was named 'Person of the Year' by 'Time' magazine in 2021. Getty Images
  • Focus on Mr Musk's taxes grew last year as Tesla achieved a rarefied $1 trillion in market value. Reuters
    Focus on Mr Musk's taxes grew last year as Tesla achieved a rarefied $1 trillion in market value. Reuters
  • The billionaire has hit back, saying he does not draw a salary from either SpaceX or Tesla, and pays an effective tax rate of 53 per cent on stock options he exercises. AFP
    The billionaire has hit back, saying he does not draw a salary from either SpaceX or Tesla, and pays an effective tax rate of 53 per cent on stock options he exercises. AFP
  • Then US president Barack Obama speaks to Mr Musk on a tour of Cape Canaveral Air Force Station in Cape Canaveral, Florida, in 2010. Reuters
    Then US president Barack Obama speaks to Mr Musk on a tour of Cape Canaveral Air Force Station in Cape Canaveral, Florida, in 2010. Reuters
  • Mr Musk during a television interview after Tesla's initial public offering at the Nasdaq market in New York, in 2010. Reuters
    Mr Musk during a television interview after Tesla's initial public offering at the Nasdaq market in New York, in 2010. Reuters
  • With former wife Talulah Riley at the 2011 Orange British Academy Film Awards in London. Getty Images
    With former wife Talulah Riley at the 2011 Orange British Academy Film Awards in London. Getty Images
  • With Japan's former prime minister Shinzo Abe after a test drive of the Tesla Model S P85D in Palo Alto, California, in 2015. Reuters
    With Japan's former prime minister Shinzo Abe after a test drive of the Tesla Model S P85D in Palo Alto, California, in 2015. Reuters
  • Mr Musk during the 67th International Astronautics Congress in Guadalajara, Mexico, in 2016. EPA
    Mr Musk during the 67th International Astronautics Congress in Guadalajara, Mexico, in 2016. EPA
  • From left: SpaceX chief executive Elon Musk, Corning chief executive Wendell Weeks, then US president Donald Trump and Johnson & Johnson chief executive Alex Gorsky during a meeting at the White House. AFP
    From left: SpaceX chief executive Elon Musk, Corning chief executive Wendell Weeks, then US president Donald Trump and Johnson & Johnson chief executive Alex Gorsky during a meeting at the White House. AFP
  • Mr Musk and former wife Grimes at The Metropolitan Museum of Art in New York City, in 2018. AFP
    Mr Musk and former wife Grimes at The Metropolitan Museum of Art in New York City, in 2018. AFP
  • Mr Musk leaves a court in New York City, in 2019, after a hearing in a lawsuit brought against him by the US Securities and Exchange Commission. Getty Images
    Mr Musk leaves a court in New York City, in 2019, after a hearing in a lawsuit brought against him by the US Securities and Exchange Commission. Getty Images
  • A prototype of SpaceX's Starship spacecraft is seen before Mr Musk gives an update on the company's Mars rocket Starship in Boca Chica, Texas, in 2019. Reuters
    A prototype of SpaceX's Starship spacecraft is seen before Mr Musk gives an update on the company's Mars rocket Starship in Boca Chica, Texas, in 2019. Reuters
  • Mr Musk at the construction site of the Tesla Gigafactory in Gruenheide, near Berlin, Germany, last year. EPA
    Mr Musk at the construction site of the Tesla Gigafactory in Gruenheide, near Berlin, Germany, last year. EPA
  • Dancing onstage during a delivery event for Tesla's China-made Model 3 cars in Shanghai. Reuters
    Dancing onstage during a delivery event for Tesla's China-made Model 3 cars in Shanghai. Reuters
  • Mikey Day as a lawyer, Cecily Strong as a judge, and host Elon Musk as Wario during the "Wario" sketch on NBC's 'Saturday Night Live', in May. Getty Images
    Mikey Day as a lawyer, Cecily Strong as a judge, and host Elon Musk as Wario during the "Wario" sketch on NBC's 'Saturday Night Live', in May. Getty Images
  • Mr Musk with Armin Laschet, CDU party federal chairman and prime minister of Germany's North Rhine-Westphalia, talk during a tour of the plant of the future foundry of the Tesla Gigafactory in Grünheide, near Berlin, Germany. Getty Images
    Mr Musk with Armin Laschet, CDU party federal chairman and prime minister of Germany's North Rhine-Westphalia, talk during a tour of the plant of the future foundry of the Tesla Gigafactory in Grünheide, near Berlin, Germany. Getty Images

Elon Musk's meeting with Twitter staff: five things we learnt


Ian Oxborrow
  • English
  • Arabic

Elon Musk's first open discussion with staff at Twitter, following his signing of a $44 billion deal to take over the social media company, hinted at potential changes to come under his management.

A video recording of the meeting, in which the billionaire businessman appeared to be hosting the link from a kitchen, has been posted across the internet.

Here are five of the main things that he touched upon:

Views on freedom of speech

Mr Musk has already said he will reverse Twitter’s permanent ban on former US president Donald Trump if his acquisition of the social media platform is successfully completed.

Banning Mr Trump from the platform last year was a “mistake” and a “morally bad decision”, he said.

Mr Musk said his offer to buy Twitter came after frequent complaints about content censorship and a lack of free speech on the site.

However, this has led to concerns about how hate speech and policies to moderate content will be handled under his leadership.

In the video meeting, Mr Musk likened Twitter to a “digital town square, but much more than that as you can't fit that many people in a town square”.

For a functioning democracy, it is essential to have free speech, he said.

“It is free speech within the context of the law — I am not suggesting we just flout the law because we will get shut down. An important goal for Twitter is to include as much of the world as possible,” he said.

“We need to strike this balance between allowing people to say what they want to say but making them comfortable on Twitter. I am in favour of going as far as the law will allow us,” Mr Musk said.

Job cuts?

The company needs to turn its fortunes around as costs currently exceed revenue, “so that's not a great situation to be in”, Mr Musk told Twitter staff.

“There has to be some rationalisation of headcount,” he said.

“Anyone who makes a significant contribution has nothing to worry about. If someone's getting useful things done, then that's great; if they are not, then I am like why are they at the company?”

Remote work

Mr Musk, who is also Tesla's chief executive, recently came under the spotlight when an email he sent to the electric car maker's staff, which was made public, instructed employees to be in the office for a minimum of 40 hours a week or leave as remote work was no longer acceptable.

He told Twitter staff: “Tesla makes cars and you can't make cars remotely; it has to be done in a big factory. There are some roles at Tesla where work can be done remotely, like say software or design.

“If somebody is exceptional at their job it is possible for them to be effective remotely. With Tesla, I requested that a manager confirms that someone is an excellent contributor, and if they do, they are allowed to work remotely,” he said.

“If someone is working remotely, they need to show up occasionally so that they can recognise their colleagues. You can't walk down the street and pass your colleague and not recognise them — that would not be good.”

Twitter plans, transparency and troll farms

During the call, Mr Musk touched upon his potential plans for Twitter and what it needs.

To build trust in Twitter, there needs to be transparency — “that's why I'm an advocate for the algorithm to be open source so people can critique it or improve it”, he said.

He said getting rid of troll farms and bots was incredibly important. Tweets and reactions could be prioritised for those who are verified.

“We need to improve the core technology, we need to improve the design,” he said.

“I have a great understanding of the product because I use Twitter every day. What I have less understanding of is bot / spam or anything that affects the monetisable daily user number.”

The businessman wants to have at least 1 billion people on Twitter, from 229 million at present.

Aliens

The world's richest man rambled into topics outside of business during the 45-minute call.

Speaking about Tesla and SpaceX, Mr Musk switched to an existential discussion, talking of sustainable energy and extending the “scope, scale and lifespan of consciousness as we know it”.

“It would be great to understand more about the universe, why we are here, the meaning of life, where are things going, where do we come from,” he said.

“Can we travel to other star systems and see if there are alien civilisations? There might be a whole bunch of long dead, one-planet civilisations out there that existed 500 million years ago,” he said, clarifying, however, that he has not seen “actual evidence of aliens”.

Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

Scores

Oman 109-3 in 18.4 overs (Aqib Ilyas 45 not out, Aamir Kaleem 27) beat UAE 108-9 in 20 overs (Usman 27, Mustafa 24, Fayyaz 3-16, Bilal 3-23)

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Profile of Tarabut Gateway

Founder: Abdulla Almoayed

Based: UAE

Founded: 2017

Number of employees: 35

Sector: FinTech

Raised: $13 million

Backers: Berlin-based venture capital company Target Global, Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies and Mad’a Investment.

Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EDirect%20Debit%20System%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20Sept%202017%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20with%20a%20subsidiary%20in%20the%20UK%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20Undisclosed%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Elaine%20Jones%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3C%2Fp%3E%0A
Financial considerations before buying a property

Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.

“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says. 

Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.

Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier. 

The biog

Favourite colour: Brown

Favourite Movie: Resident Evil

Hobbies: Painting, Cooking, Imitating Voices

Favourite food: Pizza

Trivia: Was the voice of three characters in the Emirati animation, Shaabiyat Al Cartoon

RESULT

Aston Villa 1
Samatta (41')
Manchester City 2
Aguero (20')
Rodri (30')

Fight Night

FIGHT NIGHT

Four title fights:

Amir Khan v Billy Dib - WBC International title
Hughie Fury v Samuel Peter - Heavyweight co-main event  
Dave Penalosa v Lerato Dlamini - WBC Silver title
Prince Patel v Michell Banquiz - IBO World title

Six undercard bouts:

Michael Hennessy Jr v Abdul Julaidan Fatah
Amandeep Singh v Shakhobidin Zoirov
Zuhayr Al Qahtani v Farhad Hazratzada
Lolito Sonsona v Isack Junior
Rodrigo Caraballo v Sajid Abid
Ali Kiydin v Hemi Ahio

Difference between fractional ownership and timeshare

Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

Updated: June 17, 2022, 9:41 AM