Biden Admin Reliant On Elon Musk’s Assistance For Internet Access Agenda After Denying Massive Bid From Starlink
President Joe Biden’s administration will rely on billionaire Elon Musk’s Starlink for its internet access agenda after the Federal Communications Commission (FCC) previously rejected a massive award for its parent company SpaceX, The Washington Post reported on Wednesday. The FCC in December reaffirmed its rejection of an $885 million award for Starlink to provide fast […]
Elon Musk’s Tesla yanks summer internship offers to students amid massive job cutting
Tesla has reportedly rejected summer internship offers for college students. Multiple students described their situations in posts LinkedIn profile this week, Bloomberg reported on Wednesday. One of the students identified by the report said Tesla informed him by phone on Monday that he would no longer be able to take summer internships, which is related […]
Elon Musk’s Tesla yanks summer internship offers, students say
Baron’s senior writer Al Root discusses Tesla’s market performance and the automaker’s strategy for electric vehicles. Tesla has reportedly rejected summer internship offers for college students. Multiple students described their situations in posts LinkedIn profile this week. Bloomberg first reported the news. Bloomberg reported on Wednesday. One of the students identified by the report said […]
Elon Musk’s move to disband Tesla EV charging team blindsides car industry
Elon Musk’s sudden decision to lay off employees in charge of Tesla’s electric vehicle charging business comes as the company prepares to outfit new EVs so customers can take advantage of the Tesla Supercharger network. It blindsided automakers, industry officials and analysts said Tuesday. General Motors, Ford and other automakers that signed deals last year […]
Elon Musk’s full self-driving ‘really big deal’
Christopher Tsai, CIO and President of Tsai Capital, discusses Tesla’s rapid growth in the market and plans for robotaxi. Musk appeared to promote Tesla’s Fully Self-Driving (FSD) software on Monday, as the company reportedly took a big step toward bringing it to China and attracted a lot of attention. wall street journal Media reported on […]
Musk’s ‘Twitter sitter’ saga drags on with Supreme Court rejecting his plea to ditch Tesla lawyer
Elon Musk’s agreement with the Securities and Exchange Commission to have a lawyer screen and approve Musk’s social media posts about Tesla will remain after the Supreme Court rejected Musk’s appeal. The justices refused to hear contentions from Tesla’s CEO that the 2018 accord he signed violated his constitutional rights. The accord was prompted after […]
Supreme Court won’t hear Elon Musk’s Tesla tweets SEC settlement appeal
The U.S. Supreme Court on Monday ruled on Elon Musk’s lawsuit seeking to throw out part of a securities fraud settlement with the Securities and Exchange Commission that would limit the billionaire businessman’s public comments about electric car company Tesla. He refused a hearing. The justices rejected an appeal of a lower court’s decision to […]
xAI, Elon Musk’s AI Venture, Raises $6 Billion to Take on OpenAI
Elon Musk’s artificial intelligence startup xAI, which aims to rival ChatGPT developer OpenAI, raises a massive $6 billion funding round that values the 10-month-old company at a staggering $18 billion. is scheduled to be completed. tech crunch report Reliable sources close to the deal say xAI’s funding round is expected to close in the coming […]
Elon Musk’s Twitter Censors ALIPAC Ad on Documentation of Noncitizen Voters Citing ‘Hate Speech’
Americans for Legal Immigrants PAC (ALIPAC) censors ads by Elon Musk’s X/Twitter promoting new website and forum section aimed at documenting noncitizen and illegal immigrant voters As a result, they withdrew their support for the platform. April 17th, ALIPAC issues a press release announces the creation of NonCitizenVoters.com, a website dedicated to collecting documents for […]
Revenue drops, shares jump on Elon Musk’s plan to launch new models
Tesla announced on Tuesday that it had brought forward the release of new models, sending its stock up 6% in after-bell trading. “We have updated our future vehicle lineup to accelerate the launch of new models ahead of our previously announced production start in the second half of 2025,” the company said in a filing. […]