Elon Musk’s mother praises Democrats for warming up to DOGE

Some Democrats seem to like the idea of ​​DOGE (Department of Government Efficiency), and reports suggest some Democrats would like to cut costs and reduce government regulations to ensure their views are reflected. He says he is proposing original ideas to make this happen. May Musk, the son of billionaire entrepreneur Elon Musk, will co-lead […]

Trump transition team seeks to scrap car-crash reporting rule opposed by Elon Musk’s Tesla

Trump's transition team is asking the incoming administration to rescind car accident reporting requirements opposed by Elon Musk's Tesla, a move seen by Reuters. could cripple the government's ability to investigate and regulate system. Mr. Musk, the world's richest man, spent more than $250 million to help Mr. Trump be elected president in November. Removing […]

Elon Musk’s six major conflicts of interest with the federal government | US news

The Federal Advisory Committee Act clearly states that advisory committees, such as Elon Musk's Department of Government Efficiency, must ensure their recommendations are not biased by special interests. . But as the richest man on the planet, Musk has the widest and deepest potential conflicts of interest with the federal government that he has probably […]

Elon Musk’s net worth passes $400 billion for first time in history

On Wednesday, the world's richest man, Elon Musk, reached a net worth of $400 billion for the first time, according to the Bloomberg Billionaires Index. Shares in Musk's electric car company Tesla have soared in recent months, hitting an all-time high of $424.88 per share on Wednesday and closing at an all-time high of $424.77. […]

Elon Musk’s xAI raises $6 billion in equity financing as AI race heats up

Elon Musk's artificial intelligence startup xAI has raised an additional $6 billion from investors as it ramps up competition from Sam Altman's OpenAI, according to a regulatory filing. XAI – the company that created that sneaky “Grok” chatbot available on Musk’s social media site X – has raised funding from a total of 97 investors. […]

Concerns mount over Musk’s taste for revenge  

Elon Musk has become more critical of President-elect Trump's opponents and industry competitors, raising concerns that he will use his growing influence to intimidate opponents. . Those concerns have been amplified by Trump's repeated vows of revenge against his perceived enemies, with experts predicting that Musk will repeat the same remarks on his social media […]

Delaware Judge Upholds Ruling that Voids Elon Musk’s $56 Billion Tesla Pay Package

Tesla CEO Elon Musk received a record $56 billion payout in 2018 after a Delaware judge upheld a previous ruling that the compensation plan was improperly awarded. lost its bid to restore its remuneration package. CNBC report In a significant setback for Tesla CEO Elon Musk, Chancellor Kathleen McCormick of the Delaware Court of Chancery […]