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Elon Musk had Nvidia send AI chips intended for Tesla to X and xAI

Varney & Co. host Stuart Varney discusses whether Elon Musk’s latest tech bet will pay off for investors. Billionaire entrepreneur Elon Musk asks Nvidia to ship Artificial Intelligence (AI) CNBC reported on Tuesday that the chips destined for Tesla will be provided by social media platform X and AI startup xAI. CNBC reported: The company […]

Elon Musk diverts Nvidia AI chips booked for Tesla to X, xAI: report

Tesla CEO Elon Musk has instructed Nvidia to prioritize shipments of AI processors to its X and xAI companies over the electric car maker. CNBC reported: on tuesday. The news suggests Musk is prioritizing artificial intelligence-related developments outside Tesla and comes ahead of a key shareholder vote on his compensation package at the company. “Elon […]

Elon Musk’s X appears set to hold Trump town hall ahead of election

Tesla CEO Elon Musk appears ready to host a town hall for presidential candidate Donald Trump on his social media platform, X. A date has yet to be confirmed, per sources cited by the Wall Street Journal, but it is meant to replace a failed attempt to host a debate between Trump and President Joe […]

Tesla and Elon Musk Fire Back at Institutional Investors in Argument over Massive Pay Package

Tesla Inc. and CEO Elon Musk are fighting back against institutional investors who voiced opposition to Musk’s $58 billion compensation package from 2018. Investors Business Daily Reports Electric-car giant Tesla and its CEO Elon Musk are locked in a fierce battle with institutional investors over Musk’s 2018 compensation package, now valued at about $45 billion. […]

Elon Musk accused of $7.5 billion insider trading in lawsuit from Tesla shareholder

Barron’s deputy editor Al Root joins Barron’s Roundtable panelists to discuss what U.S. automakers need to do to compete against a flood of cheap electric vehicles from China. Tesla CEO Elon Musk was accused of insider trading in a lawsuit filed by Tesla shareholders in Delaware Chancery Court on Thursday. Shareholder Michael Perry alleges in […]

Elon Musk Slams Trump Verdict: ‘Anyone Is at Risk’

Tesla CEO and X/Twitter owner Elon Musk slammed former President Donald Trump’s guilty verdict on Thursday, calling it a “deep blow to the public’s faith in the American justice system,” adding that “everyone is at risk” now that “a former president can be convicted for such a trivial matter.” “Today certainly did great damage to […]

Elon Musk’s X Set to Host Town Hall for Donald Trump

Tesla CEO and X owner Elon Musk is preparing to host a town hall meeting for former President Donald Trump on his social media website after slamming the president’s conviction. A source familiar with the plans Said of The Wall Street Journal He will partner with NewsNation to broadcast the town hall event, in which […]