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Page 59 - Latest Updates on Elon Musk

Number of ultra rich grows, more worth over $100 bn than ever before

Leading the pack is LVMH founder and Chief Executive Officer Bernard Arnault, 75, with a net worth of $222 billion

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Updated On : 17 May 2024 | 6:58 AM IST

Elon Musk scheduled to visit Indonesia for Starlink's launch: Minister

Minister Luhut Pandjaitan, a close ally of President Joko Widodo, said Musk would launch the service on the holiday island of Bali alongside the Indonesian leader

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Updated On : 16 May 2024 | 11:22 AM IST

Ilya Sutskever, who 'ousted' Sam Altman, exits OpenAI: Who is he?

Ilya Sutskever was on OpenAI's board when it decided to oust Sam Altman over leadership differences last year

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Updated On : 15 May 2024 | 11:04 PM IST

Tesla plans to fire 601 more employees in California amid falling sales

The electric carmaker said last month it would lay off 6,020 people in California and Texas, as part of the headcount cuts

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Updated On : 15 May 2024 | 8:30 AM IST

Elon Musk ordered to resume testimony in X acquisition probe by SEC

Musk previously testified twice in July 2022, the SEC said, but failed to show up last year for follow-up questioning

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Updated On : 15 May 2024 | 7:47 AM IST

Court grants reprieve to Musk's X in its fight against Australian govt

The incident provoked a furious clash between Musk and the Australian government, including Prime Minister Anthony Albanese

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Updated On : 13 May 2024 | 8:43 AM IST

Strong solar storm hits Earth, disrupts Musk's Starlink satellites

Starlink owns around 60% of the roughly 7,500 satellites orbiting Earth and is a dominant player in satellite internet

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Updated On : 11 May 2024 | 9:12 PM IST

Australian regulator says Musk's X shouldn't set limits of internet law

X, formerly Twitter, is fighting an order by the e-Safety Commissioner to remove 65 posts showing video of an Assyrian Christian bishop being knifed mid-sermon in Sydney last month

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Updated On : 10 May 2024 | 12:56 PM IST

Musk's X acquisition: Judge rejects idea billionaire too busy for SEC probe

A federal judge in San Francisco seemed unpersuaded by arguments that Musk shouldn't have to devote more of his time meeting with the SEC because he already spent two partial days

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Updated On : 10 May 2024 | 8:56 AM IST

Tesla ramps up job cuts in China as sales slowdown bites, many depts hit

It's unclear how many people will be affected and what impact it may have on Tesla's China operations

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Updated On : 09 May 2024 | 2:43 PM IST

Implant had mechanical issues after first human surgery, says Neuralink

Neuralink said it compensated for that retraction through a series of software fixes, which produced a rapid and sustained improvement that has now superseded Noland's initial performance.

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Updated On : 09 May 2024 | 7:24 AM IST

Tesla board vows not to move Musk's $56 bn pay package court fight to Texas

Musk called for Tesla to move its corporate home to Texas after Delaware Chancery Judge Kathaleen St. J. McCormick in January rescinded his pay package over director conflicts of interest

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Updated On : 09 May 2024 | 7:16 AM IST

Musk proposed to launch robotaxis in China during April visit: Reports

Musk on the trip intended to discuss the rollout of FSD and whether Tesla could secure government approvals to transfer data overseas that could prove pivotal in its development of autonomous vehicles

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Updated On : 08 May 2024 | 8:40 AM IST

Tesla sends top executive Tom Zhu back to China as sales slump worsens

After surging 15 per cent following Musk's Beijing visit, the stock has retraced more than half those gains, as the company deals with a myriad of issues

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Updated On : 08 May 2024 | 7:47 AM IST

China's EV maker Nio strikes deal with larger rival BYD to source batteries

Nio currently buys most of its batteries from industry-leader CATL

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Updated On : 07 May 2024 | 11:30 AM IST

X introduces Grok AI-powered 'Stories' features to premium users: Details

The Stories feature on X is currently available only to premium subscribers on the iOS and web versions, and is not available for Android users yet

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Updated On : 06 May 2024 | 10:45 PM IST

Jack Dorsey quits X alternative Bluesky, company seeks new board member

Bluesky is a decentralised, text-based, invite-only social network that rose in prominence following Elon Musk's acquisition of X/Twitter

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Updated On : 06 May 2024 | 4:49 PM IST

Indian EV startup extends offer to Tesla interns spurned by Elon Musk

Tech billionaire Elon Musk's latest cost-cutting victims are summer interns with his flagship Tesla Inc, rescinding offers just weeks before internships were to start

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Updated On : 05 May 2024 | 1:40 PM IST

Why is Elon Musk's Tesla Inc. suing Gurugram-based Tesla Power India?

American EV manufacturer has lodged a complaint with the Delhi High Court against Gurugram-based Tesla Power India for violating its trademark

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Updated On : 03 May 2024 | 11:10 AM IST

Offers getting revoked weeks before start date: Tesla interns after layoffs

Tesla Inc. is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in

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Updated On : 02 May 2024 | 7:29 AM IST