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Twitter makes first interest payment on Musk buyout debt -sources: NEW YORK (Reuters) - Twitter Inc has made its first interest payment on a loan that banks ...
thestar.com.my/tech/tech-news/2023/02/01/twitter-makes-first-interest-payment-on-musk-buyout-debt--sources
U.S. Justice Department seeks Tesla driver-assist documents: The electric-car automaker has confirmed the DOJ is looking for docs, suggesting the probe into the ...
driving.ca/auto-news/industry/u-s-justice-department-seeks-tesla-driver-assist-documents
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Twitter makes first interest payment on Musk buyout debt -sources: NEW YORK (Reuters) - Twitter Inc has made its first interest payment on a loan that banks ...
thestar.com.my/tech/tech-news/2023/02/01/twitter-makes-first-interest-payment-on-musk-buyout-debt--sources
U.S. Justice Department seeks Tesla driver-assist documents: The electric-car automaker has confirmed the DOJ is looking for docs, suggesting the probe into the ...
driving.ca/auto-news/industry/u-s-justice-department-seeks-tesla-driver-assist-documents
Musk and Australia argue over video of knife attack on X: In Sydney, a priest was attacked with a knife during a mass that was broadcast live on the internet ...
nzz.ch/panorama/elon-musk-und-australien-streiten-ob-das-video-einer-messerattacke-auf-der-plattform-x-sichtbar-bleiben-soll-ld.1828128
Quick Glance: Dispute Over Video of Knife Attack on X
- The owner of X, Elon Musk, refuses to delete the video of a knife attack in Sydney from his platform, leading to a dispute with the Australian authorities.
- Australian authorities demand the global removal of the video, while X is only willing to block access in Australia.
- Elon Musk defends freedom of speech and criticizes the authorities for limiting free expression.
- Authorities file a lawsuit to force the removal of the video, while Musk is criticized for publishing violent content on his platform.
US government agrees to $138.7M settlement over FBI's botching of Larry Nassar assault allegations
apnews.com/article/larry-nassar-justice-department-settlement-3b760f3d317cbe18209aa02a611a298f
Quick Glance: US Government Agrees to $138.7M Settlement Over FBI's Mishandling of Larry Nassar Assault Allegations
- The U.S. Justice Department announced a $138.7 million settlement with over 100 individuals who accused the FBI of mishandling sexual assault allegations against Larry Nassar in 2015 and 2016.
- A total of $1 billion has now been allocated by various organizations to compensate numerous women who were victims of Nassar's assaults disguised as sports injury treatments.
- FBI Director Christopher Wray expressed regret for the agency's inaction despite being aware of allegations against Nassar for over a year, emphasizing the need for accountability and justice for the survivors.
- The settlements aim to provide critical support for the victims of Nassar's crimes to aid in their healing process, with the Justice Department agreeing to settle 139 claims in response to the agreement.
Tesla share takes off in double digits: This is how Elon Musk can convince the stock market
boerse-online.de/nachrichten/aktien/tesla-aktie-hebt-zweistellig-ab-damit-kann-elon-musk-die-boerse-ueberzeugen-20355987.html
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders
techcrunch.com/2024/04/25/xai-elon-musks-openai-rival-is-closing-on-6b-in-funding-and-x-his-social-network-is-already-one-of-its-shareholders/
Quick Glance: Sequoia backs Elon Musk’s xAI venture
- Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.
- The exact amount of Sequoia's investment in xAI remains undisclosed.
- Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.
Australian PM calls Elon Musk an 'arrogant billionaire' in row over attack footage
bbc.com/news/world-australia-68878967
Elon Musk Thinks You Should Be Able to Watch a Stabbing Video on X: X removes video of a bishop being stabbed in Australia, but pushes back on requests to block ...
pcmag.com/news/elon-musk-thinks-you-should-be-able-to-watch-a-stabbing-video-on-x
Elon Musk is feuding with Brazil’s powerful Supreme Court: The court has become the de facto regulator of social media in the country
economist.com/the-americas/2024/04/14/elon-musk-is-feuding-with-brazils-powerful-supreme-court
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Quick Glance: Elon Musk's Clash with Brazil's Supreme Court
- Serial entrepreneur Elon Musk has been publicly criticizing Alexandre de Moraes, one of Brazil's Supreme Court judges, for the past week.
- The dispute revolves around X, a social media company owned by Mr. Musk, which announced on April 6th that a Brazilian court had ordered it to block a set of 'popular' accounts or face hefty fines.
- Mr. Moraes then initiated an inquiry against Mr. Musk for obstruction of justice, leading Mr. Musk to claim that censorship in Brazil is worse than in any other country where the platform operates.
- The row highlights the power of Brazil's Supreme Court and the debate on regulating social media without harming freedom of speech, which is a crucial battleground in Brazil.
Musk Is Once Again Richer Than Zuckerberg as Fortunes Reverse: Mark Zuckerberg’s fortune plunged $20 billion as shares of Meta Platforms Inc. tumbled ...
dailymaverick.co.za/article/2024-04-25-musk-is-once-again-richer-than-zuckerberg-as-fortunes-reverse/
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Tesla misses the mark on all fronts in quarter of chaos: Who cares that net profit slid 55%? Not Wall Street
theregister.com/2024/04/24/tesla_q1_2024/
Musk's X says posts of Australia bishop stabbing don't promote violence: Elon Musk's social media platform X defended publishing posts showing a bishop in ...
reut.rs/3UczrZH
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Elon Musk and Javier Milei share their love of free markets in first meeting: Tesla boss shows Argentine president Texas factory where they talked about lithium ...
ft.com/content/604e66e3-597c-49e8-bac5-5d51a7a35abd
Quick Glance: Elon Musk and Javier Milei Discuss Free Markets and Investment Opportunities
- Elon Musk and Argentine president Javier Milei met for the first time at Tesla's Texas factory.
- They discussed market liberation, eliminating bureaucratic obstacles, and investment opportunities.
- Milei unexpectedly won an election focused on spending cuts and inflation reduction.
- Both shared similar views on free markets and expressed support for Israel in conflicts.
Musk targets Australian senator, gun laws in deepening dispute over X stabbing content
reut.rs/44aDGJP
Kim Kardashian joins Kamala Harris to discuss criminal justice reform: Kim Kardashian has joined Vice President Kamala Harris for a roundtable highlighting the ...
apnews.com/article/kamala-harris-kardashian-criminal-justice-reform-biden-d34ae7fb30b1fe78326dafad230611d0
Elon Musk says its his turn to have the remote: X just announced a smart TV app for streaming video content. X TV may or may not launch at some point in the near ...
engt.co/4aKZI8x
Musk moves Tesla's goalposts, investors happily move shares higher: It's the millions-of-robotaxis promise again – and all y'all buying it this time ...
theregister.com/2024/04/24/musk_moves_tesla_goalposts_back/
Trump's three US Supreme Court appointees thrash out immunity claim: When the U.S. Supreme Court ultimately rules on Donald Trump's claim of presidential ...
reuters.com/world/us/trumps-three-us-supreme-court-appointees-thrash-out-immunity-claim-2024-04-25/
Quick Glance: Trump's Supreme Court Immunity Arguments
- An attorney for Donald Trump pleaded for absolute presidential immunity before the Supreme Court due to Trump's numerous criminal indictments.
- Trump's desire for absolute immunity is self-serving and absurd, given his involvement in multiple criminal matters.
- The need for a decision on a president's immunity highlights the susceptibility of many Americans to a con artist like Trump.
- The demand for immunity in light of Trump's current legal issues underscores the danger posed by a president who considers himself above the law.
Tesla Earnings Report Could Add to Concerns About Its Strategy: The first-quarter results will very likely fuel worries that competitors will continue grabbing a ...
nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html
Quick Glance: Tesla Profit Decline Alarms Investors
- Tesla's profit fell by 55% in the first quarter due to tepid car sales.
- Revenue dropped by 9% to $21.3 billion.
- Price cuts and job layoffs indicate challenges in cost control.
- Investors concerned about Tesla's declining sales and profits.
Could Australia ban X (formerly Twitter) or is it untouchable? The worst-case scenario for Elon Musk
abc.net.au/news/2024-04-25/elon-musk-x-versus-australia-on-sydney-church-stabbing-video/103761694
Elon Musk Reveals His Tactics for Building Successful Companies, Including Sleeping Under His Desk and 'Working Every Waking Hour'
entrepreneur.com/business-news/elon-musk-defines-ultra-hard-work-while-building-a-company/473323
Tesla (TSLA) Cybertruck Recall Is Latest Setback to Stock’s Rough 2024: The stock is sliding, a cheaper electric car is deprioritized and the CEO is riling the ...
bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
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Quick Glance: Tesla Cybertruck Recall and Stock Decline 2024
- Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.
- Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.
- Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.
- Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
Mars colony: Elon Musk talks about Mars plans and Starship 2 and 3 - Golem.de: More spaceships and launch options are needed to colonize Mars. Elon Musk even ...
golem.de/news/marskolonie-elon-musk-spricht-ueber-marsplaene-sowie-starship-2-und-3-2404-184583.html
Tesla: job cuts at e-car company - Welcome to reality, Elon Musk!: Tesla is facing a huge wave of redundancies. This is bad news for the employees ...
wiwo.de/unternehmen/auto/stellenabbau-bei-tesla-musks-abschied-von-wolkenkuckucksheim/29757498.html
DOJ rebuffs GOP’s second demand for Biden-Hur audio recordings: The Justice Department on Thursday for a second time declined to turn over audio recordings of ...
thehill.com/homenews/house/4621979-doj-rebuffs-gops-second-demand-for-biden-hur-audio-recordings/
Tesla cuts prices around the world as sales decline in a chaotic week: Global vehicle deliveries fall for first time in four years amid growing competition ...
theguardian.com/technology/2024/apr/21/tesla-sales-price-cuts-elon-musk
South Korean woman conned out of US$50,000 by fake Elon Musk she fell in love with on Instagram
scmp.com/news/asia/east-asia/article/3260197/south-korean-woman-conned-out-us50000-fake-elon-musk-she-fell-love-instagram
Quick Glance: South Korean Woman Falls Victim to $50k Elon Musk Deepfake Scam
- A South Korean woman was convinced to invest 70 million won ($50,770) after watching a fabricated video portraying someone who looked like Elon Musk, the CEO of Tesla, as reported locally on Tuesday.
- Jeong Ji-sun, identified by the pseudonym at KBS, disclosed her experience as a victim of a romance scam on KBS's 'In-Depth 60 Minutes.' During the episode on April 19, Jeong narrated her initial interactions with the scammer posing as Musk.
- Jeong's initial hesitations dissipated swiftly. The scammer forwarded his identification and a workplace photo to Jeong. Moreover, he discussed aspects such as his children and commuting to Tesla or SpaceX via helicopter. He further mentioned his sporadic outreach to fans.
- The program highlighted the prevalent use of AI in these romance scams. The swindler engaged in a form of deception known as 'pig butchering,' as explained by the producer. This approach involves gradually enticing victims to increase their contributions to an apparently legitimate investment before the perpetrator vanishes.
Elon Musk apologizes to laid off Tesla employees for a major mistake: Musk just informed his Tesla employees of an issue that was brought to his attention.
thestreet.com/electric-vehicles/elon-musk-apologizes-to-laid-off-tesla-employees-for-major-mistake
Australia PM calls Musk 'arrogant billionaire' after court orders X to hide church stabbing posts
reut.rs/448L5t3
Tesla could start selling Optimus robots by the end of next year, Musk says: Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as ...
reuters.com/technology/tesla-could-start-selling-optimus-robots-by-end-next-year-musk-says-2024-04-24/
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
- Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.
- Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.
- Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.
- Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
US to decide by late May if Boeing violated prosecution deal, sources say: U.S. Justice Department officials plan to decide as soon as late May whether Boeing ...
reuters.com/legal/litigation/us-decide-by-late-may-if-boeing-violated-prosecution-deal-sources-say-2024-04-24/
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Oxford shuts down institute run by Elon Musk-backed philosopher: Nick Bostrom’s Future of Humanity Institute closed this week in what Swedish-born philosopher ...
theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes
Tesla Recalls All Cybertrucks Over Accelerator Pedal Defect: Elon Musk's new favorite toy is going as well as everything else he's touched lately.
gizmodo.com/tesla-recalls-all-cybertrucks-over-accelerator-pedal-de-1851421654
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Elon Musk and Tesla: Is the CEO’s controversial behavior responsible for company’s struggles?
mercurynews.com/2024/04/22/elon-musk-and-tesla-is-the-ceos-controversial-behavior-responsible-for-companys-struggles/
Quick Glance: Elon Musk and Tesla: Influence of CEO's divisive behavior on company's challenges
- The wealthiest individual globally freely voices his opinions, often sparking debate.
- Elon Musk, Tesla's CEO, has attacked U.S. election integrity, embraced White-supremacist propaganda, and accused President Joe Biden of treason.
- Experts suggest that Musk's conduct may deter potential customers, but larger issues impact his company. With growing competition in the electric vehicle market, his polarizing personality could lead to more significant long-term damage.
- While Musk may be damaging Tesla’s image with some consumers, the primary focus remains on the product and its dependability. Many consumers do not base their purchasing decisions on the political views of the company's leader.
Tesla profits drop 55% as Elon Musk dodges cheap car questions: Tesla spent $1 billion on GPUs even as its profit margins shrank by half.
arstechnica.com/cars/2024/04/tesla-profits-drop-55-as-elon-musk-dodges-cheap-car-questions/
Elon Musk vows to fight Australian injunction to hide church attack videos on X: Billionaire accuses Canberra of censorship over calls to remove footage of ...
ft.com/content/3b13e0c2-78f7-473e-924c-923649832f25
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Quick Glance: Elon Musk must be removed as CEO to save Tesla
- Tesla is struggling with declining sales, layoffs, and issues in China.
- Elon Musk is blamed for the company's state and his departure could save Tesla.
- Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
So much for free speech on X; Musk confirms new users must soon pay to post: The fee, likely $1, is aimed at stopping “relentless” bots, Musk said.
arstechnica.com/tech-policy/2024/04/so-much-for-free-speech-on-x-musk-confirms-new-users-must-soon-pay-to-post/
Quick Glance: Musk Plans Fee for New X Users
- Elon Musk intends to charge new users of X in the initial months to curb the activity of automated bot accounts.
- The fee is set to be waived after three months to allow free posting.
- Tests in New Zealand and the Philippines raised skepticism about the effectiveness of the fee as a countermeasure against bots.
- Declining revenues at X post-rebranding and Twitter acquisition, along with a negative brand perception by companies, are impacting the service's business.
Uber and Lyft Stock Fall on Robotaxi Worries. That Doesn’t Make Sense.: Comments from Tesla CEO Elon Musk seem to be putting pressure on shares of the ...
barrons.com/articles/uber-lyft-stock-tesla-robotaxi-8a2cc67a
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Musk decries Australian court 'censorship' of X terror posts: Elon Musk lashed out at Australia's prime minister on Tuesday after a court ordered his social ...
reuters.com/world/asia-pacific/australia-pm-calls-musk-arrogant-billionaire-after-court-orders-x-hide-church-2024-04-23/
Quick Glance: Musk criticizes Australian court 'censorship' of terror posts
- Elon Musk lashed out at Australia's prime minister after a court ordered his social media company X to take down footage of an alleged terrorist attack in Sydney.
- X was directed to temporarily hide posts showing video of the incident where a teenager was charged with terrorism for knifing an Assyrian priest and others.
- Musk questioned whether the Prime Minister should have jurisdiction over the entire internet and emphasized the importance of free speech.
- The incident sets up a new conflict between major internet platforms and countries and nonprofits seeking more oversight of the content hosted on them.
Family of man killed when Chicago police fired 96 times during traffic stop file wrongful death suit
apnews.com/article/shooting-chicago-police-investigation-3d075a6dc4bc8fa3535d8dd2340446f7
Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
McKinsey Is Under Criminal Investigation for Its Opioid Work: Federal prosecutors are examining the consulting company’s role in helping “turbocharge” the sale ...
nytimes.com/2024/04/24/business/mckinsey-criminal-investigation.html
Quick Glance: Investigation against McKinsey in the US over involvement in the opioid industry
- A grand jury was established to examine evidence related to consulting for pharmaceutical companies involved in the addiction epidemic.
- McKinsey is under a criminal investigation in the US for its involvement with opioid manufacturers.
- Furthermore, federal prosecutors are looking into whether the company impeded justice through its actions as concerns about its work grew.
- According to a source, the US Department of Justice has been scrutinizing McKinsey's activities for several years, with a grand jury now set up in Virginia to review evidence.
Nvidia Got Some Good News From Elon Musk. Here's What's Driving the Stock.: The Tesla CEO talked about demand for Nvidia chips. It should quell fears that orders ...
on.barrons.com/3JE5Mn3
Tech Fund (DXYZ) Invested in SpaceX, OpenAI Sinks After Wild 1,000% Surge: A closed-end fund that holds shares of private technology firms like Elon Musk’s ...
bloomberg.com/news/articles/2024-04-26/tech-fund-dxyz-invested-in-spacex-openai-sinks-after-wild-1-000-surge
Trump immunity hearing: US Supreme Court hearing begins - BBC News: The landmark case will decide whether an ex-president can be charged for allegedly illegal ...
bbc.co.uk/news/live/world-us-canada-68892030
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
- Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.
- Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.
- Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.
- Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
Tesla Cuts Prices by $2,000 as Sales Slow, Inventories Swell: Tesla Inc. cut prices of its best-selling Model Y, as well as the Model S and X, by $2 ...
bloomberg.com/news/articles/2024-04-20/tesla-cuts-prices-by-2-000-as-sales-slow-inventories-swell
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Tesla’s in its flop era: Tesla is in trouble. Sales are down, its stock is tumbling, and the company’s future appears to be in doubt ...
theverge.com/24134781/tesla-q1-2024-earnings-sales-market-share-elon-musk
Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
- Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.
- Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.
- The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.
- Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
Elon Musk's Earnings Call Was a Marketing Master Class: On the wild earnings call yesterday. Plus: A new approach to drug discovery.
bloomberg.com/news/newsletters/2024-04-24/elon-musk-s-earnings-call-was-a-marketing-master-class
Tesla axed its entire marketing team—here’s why that matters: It a reminder of just how little Tesla has invested in its own brand beyond Elon Musk.
fastcompany.com/91113609/tesla-axed-its-entire-marketing-team-heres-why-that-matters
Elon Musk wanted to lay off 20% of Tesla's workforce, report says: The layoffs may have also affected more people than previously believed — more than 20,000
qz.com/tesla-layoffs-elon-musk-slow-sales-growth-q1-earnings-1851426414
Tesla asks shareholders to help Elon Musk get paid $56 billion: Tesla's stock has slumped in 2024 amid concerns about middling demand for EVs
axios.com/2024/04/17/elon-musk-pay-package-tesla-delaware-court
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
Elon Musk cancels trip to India over 'heavy Tesla obligations': Elon Musk shared the announcement in an X post on Saturday, just three days before Tesla's Q1 ...
businessinsider.com/elon-musk-cancels-trip-to-india-tesla-layoffs-struggles-2024-4
Quick Glance: Elon Musk postpones India trip due to Tesla issues
- Elon Musk has delayed his planned trip to India due to Tesla facing challenges.
- The Tesla CEO was set to travel to India next week to meet with Prime Minister Narendra Modi.
- While not revealing many specifics about the trip, Musk reportedly intends to announce an investment of $2 to $3 billion in India. He aims to establish a new factory in India, where the electric vehicle market is small but growing.
- Musk's decision to delay the trip coincides with Tesla's earnings release on April 23, where Musk and investors will address the company's tumultuous start to 2024.
Tesla Promises 'More Affordable Vehicles' and a 'Cybercab': Elon Musk’s automaker told investors Tuesday that sales and revenue are down but that new “more ...
wired.com/story/tesla-promises-more-affordable-vehicles-cybercab/
Stock Markets Today: Tesla, Elon Musk, Meta, Treasuries, TikTok ban, Fed: Good morning. Tesla’s shares soar on its plans to roll out cheaper cars as soon as this ...
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-tesla-elon-musk-meta-treasuries-tiktok-ban-fed
Meta's Threads now has more daily US users than Musk's X: Launched less than a year ago as a rival for Twitter, Threads is continuing to gain ground with users.
businessinsider.com/meta-threads-more-daily-us-users-twitter-elon-musk-x-2024-4
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
US to decide by late May if Boeing violated prosecution deal, sources say: U.S. Department of Justice officials are planning to decide as soon as late May ...
reut.rs/3wboLCz
Elon Musk's SpaceX could spinoff Starlink in a big IPO this year, investment adviser says
qz.com/elon-musk-spacex-starlink-spinoff-ipo-investment-advise-1851433211
Australia secures takedown order for terror videos, which Elon Musk wants to fight
theregister.com/2024/04/23/australia_x_terror_video_takedown/
Elon Musk's SpaceX seems to have a workplace injury problem: A new report found that employees are getting injured at higher rates than at other space companies
qz.com/elon-musk-space-x-injuries-earnings-layoffs-1851429089
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
- Injury rates at SpaceX facilities surpassed industry average in 2023.
- Injuries at SpaceX locations worsened compared to 2022.
- Experts raise concerns about the quality of work at SpaceX.
- SpaceX and Musk have not publicly addressed safety record in detail.
The Most Embarrassing Blunders From Elon Musk’s Attempt at AI-Generated News: Elon Musk's AI chatbot Grok often takes jokes and displays them as real news ...
gizmodo.com/most-embarrassing-blunders-elon-musks-grok-ai-news-1851416945
Ford tapped the brakes on EVs and bet on hybrids. It's paying off.: Ford announced in its earnings on Wednesday that hybrid sales rose 36% in the first quarter ...
businessinsider.com/ford-pulled-back-on-evs-focused-on-hybrids-paid-off-2024-4
Tesla shares rise on plans to accelerate launch of ‘more affordable’ models: Elon Musk-led electric vehicle maker’s stock jumps after-hours despite reporting a ...
ft.com/content/d8afadd2-9d67-4a4c-b6e8-c7d4dda7521b
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Tesla just asked shareholders to approve Elon Musk's nixed $56 billion pay plan again
qz.com/tesla-elon-musk-investors-approve-compensation-pay-plan-1851415316
Quick Glance: Tesla Cybertruck: Pedal Safety Issues
- The Tesla Cybertruck has faced criticism for various issues, but now a serious safety concern with the accelerator pedal has led to the temporary halt of deliveries.
- A video and reports show that the pedal cover can come loose and jam, causing unintended acceleration even when the foot is not on the pedal.
- Deliveries have been halted, appointments rescheduled and canceled as Tesla investigates acceleration issues. A regulatory investigation looms over the company, potentially requiring a recall of all trucks.
- Some drivers have attempted to manually remove the pedal cover, indicating a potentially serious safety issue that cannot be resolved through software.
Trump's immunity arguments and the experiences of the justices who might support it
npr.org/2024/04/26/1247383537/trumps-immunity-arguments-supreme-court-conservatives
Tesla Announces Steep Employee Cuts Amid Revenue Drop: Elon Musk's electric vehicle company is laying off more than 6,000 employees after reporting a 9% drop in ...
huffpost.com/entry/tesla-layoffs-california-texas_n_66282c39e4b096c7bac6847b
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? : The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges ...
time.com/6970399/tesla-stock-earnings-call-elon-musk/
X to Launch TV App in Quest for More Video Viewers: Elon Musk's X will launch a TV app that allows users to watch X videos on their television screens.
thewrap.com/x-twitter-tv-app-details/
Big victim or big mouth? Time for Australia to put Elon Musk in his place: At its heart, this case is about Australian sovereignty over a company that has a deep ...
smh.com.au/politics/federal/big-victim-or-big-mouth-time-for-australia-to-put-elon-musk-in-his-place-20240423-p5fm01.html
Feds Probe Tesla's Recall of 2 Million EVs Over Autopilot: Regulators have identified at least 13 serious crashes where Tesla's Autopilot was involved.
gizmodo.com/tesla-ev-recall-autopilot-full-self-driving-nhtsa-musk-1851438484
Quick Glance: Investigation of Tesla's Autopilot Recall Effectiveness
- The National Highway Traffic Safety Administration is investigating Tesla's Autopilot recall after 20 more crashes occurred post-recall.
- The recall involved over 2 million vehicles and utilized an online software update to enhance driver warnings.
- Concerns were raised regarding the recall's efficacy as crashes persisted after the fix.
- The investigation aims to determine why post-recall issues were not addressed and whether they pose a safety risk.
Tesla's plan for affordable cars takes page from Detroit rivals: Elon Musk's new plan to use current product lines as the basis for new affordable vehicles — ...
reut.rs/3w6qYzd
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears: Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries ...
reuters.com/technology/tesla-jumps-musks-promise-more-affordable-cars-eases-growth-fears-2024-04-24/
Elon Musk says he 'would know' if there are aliens out there: Musk's rocket company, SpaceX operates a satellite internet system called Starlink ...
businessinsider.com/elon-musk-says-he-would-know-if-aliens-out-there-2024-4
Quick Glance: Elon Musk Casts Doubt on Alien Existence
- Elon Musk expressed his skepticism about the existence of aliens, emphasizing that he had not seen any evidence.
- The billionaire responded to a recent interview where Tucker Carlson shared his views on aliens.
- Musk has previously publicly pondered the topic of aliens and highlighted the importance of space exploration.
- His involvement in SpaceX and the Starlink project has positioned Musk as a significant player in the aerospace industry.
Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
Quality problems and sales decline: The disenchantment of Elon Musk and Tesla: Elon Musk is currently toppling his own monument. He is cutting at least 14 ...
kleinezeitung.at/wirtschaft/18379748/die-entzauberung-von-elon-musk-und-tesla
Musk’s war with Australia: Coalition pushes compulsory age limits for social media
smh.com.au/politics/federal/musk-s-war-with-australia-coalition-pushes-compulsory-age-limits-for-social-media-20240423-p5flzy.html
Trump allies zero in on hush-money prosecutor: With Trump under a gag order, his supporters launch a barrage of attacks.
axios.com/2024/04/24/trump-allies-hush-money-prosecutor
Musk Plays Up ‘Sentient Humanoid’ Robots as Tesla Flounders: Perhaps investors will ignore falling profits and revenues in favor of a sexy—though not yet ...
thedailybeast.com/musk-plays-up-sentient-humanoid-robots-as-tesla-flounders
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Tesla Is Not the Next Ford. It’s the Next Con Ed.: Elon Musk’s EV empire is crumbling.
theatlantic.com/technology/archive/2024/04/tesla-cars-batteries-power-company/678168/
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