Tesla’s awful quarter has Wall Street on edge ahead of delivery numbers In the tumultuous first quarter of the year, Tesla investors faced significant setbacks as the company’s shares plummeted by 29%. This decline marked Tesla’s worst quarterly performance since the close of 2022 and the third worst since its inception in 2010. Notably, Tesla…
Sam Altman rejoins OpenAI board of directors as investigation into his ouster comes to a close On Friday, OpenAI revealed significant updates regarding its leadership structure and internal investigation findings, shedding light on recent tumultuous events involving the ousting of CEO Sam Altman. New Board Members and Leadership Changes One of the key announcements was…
Former Twitter execs sue Musk and X for more than $128 million in severance Former Twitter Executives Take Legal Action A group of former Twitter executives, led by CEO Parag Agrawal, CFO Ned Segal, head of legal Vijaya Gadde, and General Counsel Sean Edgett, have initiated a new legal battle against Elon Musk and X…
Legal Storm in Delaware: Judge Strikes Down Elon Musk’s Mega Pay Package, Paving the Way for Transparent Compensation Talks at Tesla In a significant legal development, a Delaware state court judge has invalidated Tesla CEO Elon Musk’s 2018 compensation package, a move that played a pivotal role in making him one of the world’s wealthiest…
Elon Musk’s SpaceX soared to a valuation close to $150 billion Musk’s SpaceX value jumps closer to $180 billion in tender offerafter existing investors initiated a share sale this week, as reported by CNBC. SpaceX underwent a deal with both new and existing investors, agreeing to sell up to $750 million in stock from…
In the fast-paced world of artificial intelligence, the past week stood out as a monumental period, rivaling even the launch of the groundbreaking ChatGPT last year. With significant developments from OpenAI, Elon Musk’s latest venture, and innovative wearable AI technology, the week underscored the relentless progress in the AI landscape. OpenAI’s Strides in AI Evolution…
In a recent interview, billionaire investor Ron Baron shared his anticipation for SpaceX’s Starlink satellite internet service to go public around 2027. Baron, a major supporter of Elon Musk’s ventures, including Tesla and SpaceX, predicts that by the time Starlink hits the market, the company’s valuation could reach a staggering $250 billion to $300 billion….
In a move that has set the tech world abuzz, Elon Musk, the visionary entrepreneur behind companies like Tesla and SpaceX, has unveiled ‘Grok,’ the latest creation from his new AI venture, xAI. Grok, touted as a rival to the likes of ChatGPT, is making waves with its distinctive character and capabilities. Let’s delve into…
Elon Musk hinted last month that X (formerly known as Twitter) could start charging users, and now the company has announced a test of this concept. They’re launching a program called “Not a Bot,” and it’s being tested with new users in New Zealand and the Philippines. These users will be required to sign up…
In a recent development on Elon Musk’s social media platform, X (formerly known as Twitter), some users reported encountering changes in the way news links and headlines are displayed within posts. Instead of the traditional format, several users observed that posts now presented graphics of individual news articles. This shift has raised questions and caused…
