Elon Musk urges Tesla shareholders to vote on pay with special offer
Varney & Co. host Stuart Varney discusses whether Elon Musk’s latest tech bet will pay off for investors. Tesla CEO Elon Musk Tesla is encouraging shareholders to vote their shares by offering them the chance to win a private guided tour of the company’s Texas factory, as the company’s board of directors asks shareholders to […]
Elon Musk’s xAI gets $6 billion in new funding and announces valuation
Barron’s Roundtable panelists discuss whether software makers are ready for AI. Billionaire Elon Musk’s Artificial Intelligence (AI) Startup xAI announced on Sunday that it had raised $6 billion in Series B funding, raising its post-money valuation to $24 billion. Investors in xAI’s $6 billion Series B round included Valor Equity Partners, Vy Capital, Andreessen Horowitz, […]
Elon Musk’s startup xAI announces $6 billion fundraising round
Elon Musk is pooling cash for his own AI startup, escalating the artificial intelligence arms race with his former colleagues at OpenAI. Tesla tycoon’s company xAI — Powering the sarcastic Grok chatbot — It announced it had raised $6 billion on Sunday The company has raised a new funding round, raising investment from venture capital […]
Tesla shareholders urged to reject reinstating Elon Musk’s $56B pay package
Jeff Sica of Circle Squared Alternative Investments weighed in on big tech earnings at Varney & Co. and spoke about Tesla stock. Tesla shareholders are expected to vote on reinstatement this week CEO Elon Musk A $56 billion compensation package that was invalidated by a Delaware judge earlier this year is being urged to be […]
Elon Musk expects AI will replace all human jobs, lead to ‘universal high income’
Billionaire entrepreneur Elon Musk reiterated his belief this week that artificial intelligence will eventually eliminate the need for human labor, offering a vision for what the future might hold as technology continues to advance rapidly. During a remote appearance at the Viva technology conference in Paris on Thursday, Musk was asked whether he was worried […]
Media Matters Lays Off Dozens Of Employees Following Lawsuit Filed By Elon Musk
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings, speaks at the Milken Institute Global Conference at the Beverly Hilton Hotel in Beverly Hills, California, May 6, 2024. (Photo by Apu Gomez/Getty Images) OAN NewsroomFriday, May 24, 2024 4:58 PM Media issues Tesla has laid off dozens of employees following a lawsuit […]
NYT Inserts Head In Sand, Suggests Elon Musk Is ‘First’ Tech Lord To Try To Influence Elections
X owner Elon Musk has come under fire from left-leaning media since he bought the social media company then known as Twitter, and his stated mission to promote free speech in the digital sphere has generated some backlash, especially among those who favor censoring speech they disagree with. of The New York Times The outlet […]
Elon Musk expects AI will replace all human jobs, lead to ‘universal high income’
Ryan Payne, president of Payne Capital Management, appeared on “Varney & Co.” to analyze the main drivers of the S&P 500’s recent gains. Billionaire entrepreneur Elon Musk reiterated his belief this week that artificial intelligence will eventually eliminate the need for human labor, offering a vision for what the future might hold as technology continues […]
Media Matters Lays Off Dozens of Employees Due to Elon Musk Lawsuit
Media Matters, a nonprofit that rails against conservatives, announced on Thursday that it had fired dozens of employees, including executives and journalists, and appeared to cite a legal battle with Elon Musk as the reason for the firings. Breitbart News reported that Musk’s social media platform X sued Media Matters in November for trying to […]
Tesla CEO Elon Musk opposes tariffs on Chinese EVs
In an interview with Barney & Company, Diana Ferchtgott Ross, an economist at the Heritage Foundation, argued that Biden’s tariffs on Chinese-made EVs don’t go far enough to protect the domestic auto industry. Tesla CEO Elon Musk said Thursday he opposes government tax incentives for electric vehicle (EV) purchases and tariffs on Chinese-made EVs or […]