In a first-of-its-kind meeting, Lee Jae-yong, the chairman of Samsung Electronics, and Tesla CEO Elon Musk convened at the Samsung Electronics North American Semiconductor Research Center in Silicon Valley on May 10th. The pair discussed potential avenues of collaboration within the burgeoning high-tech industry, reports News1.kr (via @Tslachan). Samsung Electronics and Tesla have been engaging […]
Elon Musk has just announced his replacement as CEO of Twitter on Friday morning. As speculated, it will be Linda Yaccarino from NBCUniversal. Yesterday, Musk announced he had found a new CEO, but did not reveal the identity, only to mention it was a woman. “I am excited to welcome Linda Yaccarino as the new […]
SpaceX plans to spend approximately $2 billion on the development of its Starship rocket this year, as it aims to build on its first launch earlier in the month. CEO Elon Musk expressed his expectations for the next flight during a Twitter Spaces discussion on Saturday, stating, “My expectation for the next flight would be […]
A California judge has instructed Tesla CEO Elon Musk to testify under oath concerning statements he allegedly made about the safety and capabilities of the company’s Autopilot features, reports Reuters. The decision is part of a lawsuit filed by the family of Walter Huang, an Apple engineer who died in a 2018 car crash. Tesla’s […]
South Korean President Yoon Seok-yeol and Tesla CEO Elon Musk held a meeting on Wednesday during Yoon’s state visit to the United States, discussing the potential for a Tesla gigafactory in South Korea and further cooperation with Musk’s space venture, SpaceX, reports The Korean Herald. According to Senior Presidential Secretary for Economic Affairs Choi Sang-mok, […]
On Tesla’s Q1 2023 earnings report, the company saw record production and deliveries, with revenues of $23.3 billion, up 24% year-over-year. In regards to the Tesla Cybertruck, the company shared photos of its production line and also winter testing photos for the first time. “Equipment installation for Cybertruck production at Gigafactory Texas continued in Q1 […]
Summary: Elon Musk has created X.AI, a new artificial intelligence startup. Twitter has been folded into X Corp., a new company incorporated in Nevada alongside X.AI. Musk has been recruiting researchers and purchasing GPUs to power an AI lab. Tesla and SpaceX CEO Elon Musk recently formed a new artificial intelligence (AI) startup, dubbed X.AI […]
Tesla’s General Counsel and Corporate Secretary, Brandon Ehrhart, announced on March 29, that the company is looking to build a full-scale internal litigation and trial team on LinkedIn. This move aims to streamline Tesla’s legal processes by handling all aspects of litigation and trial work, including briefings, hearings, discovery, depositions, and trials, completely in-house. Ehrhart […]
Tesla CEO Elon Musk is planning to visit China as early as April and is hoping to meet with China’s Premier Li Qiang, according to two sources familiar with the trip’s planning who spoke to Reuters. China is Tesla’s second-largest market, with its Giga Shanghai plant being the company’s largest production hub. This will be […]
Volkswagen Group’s new CEO, Oliver Blume, isn’t interested in continuing his predecessor Herbert Diess’s longstanding “friendly rivalry” with Tesla CEO Elon Musk — reports Fortune. According to the publication, Blume told company managers in a meeting earlier this week that he has no plans to cozy up to the CEO of Volkswagen’s foremost competitor, which […]
The U.S. Federal Trade Commission has demanded access to all internal Twitter communications related to Elon Musk’s official takeover, as detailed in a set of 12 letters sent to the company and its lawyers since the October acquisition. The letters note an investigation related to ongoing concerns that recent staff cuts may compromise Twitter’s protection […]
Elon Musk has recently been approaching AI researchers to help build an alternative to OpenAI chatbot ChatGPT, according to people with direct knowledge of the initiative cited in a report from The Information (via Reuters). According to the report, Musk has been wooing former Alphabet DeepMind researcher Igor Babuschkin. The two have talked about forming an […]
Tesla CEO Elon Musk has regained the title of the world’s richest man, according to the Bloomberg Billionaires Index, which tracks the daily ranking of the globe’s richest people, based on the stock prices of their companies. With Tesla stock rebounding from an ugly 2022 and has surged 24.58% in the past month, and 92% […]
Tesla and SpaceX CEO Elon Musk spoke remotely at the 2023 World Government Summit held in Dubai earlier today, discussing a variety of topics. Musk spoke about his acquisition of Twitter, world government, AI, education and more. He said he hopes to have a new Twitter CEO by the end of 2023. He admitted to […]
Tesla CEO and billionaire entrepreneur Elon Musk donated roughly $1.95 billion worth of the company’s shares to charities in 2022, according to a filing with the U.S. Securities and Exchange Commission (SEC) reported by Reuters on Wednesday. The filing showed that Musk donated roughly 11.6 million shares in a period between August and December, though […]
