Page 76 - Latest Updates on Elon Musk
Elon Musk's wealth slumps $20 billion after Tesla Inc's shares tumble
The drop in net worth to $234.4 billion is the seventh-largest decline ever among those in the Bloomberg Billionaires Index, and further narrows the wealth gap between Musk and Bernard Arnault
 "Elon Musk's wealth slumps $20 billion after Tesla Inc's shares tumble")
Elon Musk open to price cuts as Tesla bets on self-driving future
Tesla saw a spike in the usage of FSD Beta in the second quarter, with cumulative miles driven with the technology coming in at more than 300 million miles
 "Elon Musk open to price cuts as Tesla bets on self-driving future")
Surge in harmful content on Twitter a barrier to advertiser return
"Musk is not keeping his promises to advertisers, and their ads are appearing next to really harmful content," said Callum Hood, director of research at the Center for Countering Digital Hate
 "Surge in harmful content on Twitter a barrier to advertiser return")
Threads shows Meta founder Mark Zuckerberg is just another faddist
There's a good chance both Threads and ChatGPT will become irrelevant over time, thanks to the erratic approach of its CEOs
 "Threads shows Meta founder Mark Zuckerberg is just another faddist")
Musk told to focus on Tesla as electric car rivals BYD, GM pick up pace
Rival automakers pouncing on booming demand for electric vehicles pose the biggest challenge for Tesla over the next two years
 "Musk told to focus on Tesla as electric car rivals BYD, GM pick up pace")
Top headlines: Twitter cash flow negative; traffic advisory issued in Delhi
Business Standard brings you the latest headlines at this hour
Twitter cash flow remains negative, rate limit to be changed, says Musk
Separately, the billionaire announced late Saturday the platform will increase the number of tweets verified accounts can see each day by 50%, following complaints from users
Twitter starts sharing advertising revenue with verified content creators
Twitter fulfilled its commitment and announced to share advertising revenue with verified users who have more than 5 million monthly impressions on their posts in the last three months
 "Twitter starts sharing advertising revenue with verified content creators")
Musk still owes us $1.6 mn for legal bills: Ex-Twitter executives
The group - led by ex-Twitter Chief Executive Officer Parag Agrawal - says the legal bills accrued in connection with lawsuits and government probes of the company's activities while they ran it
 "Musk still owes us $1.6 mn for legal bills: Ex-Twitter executives")
Finance ministry not considering tax waivers for Tesla: Revenue Secy
Last month, Tesla CEO Elon Musk said Indian Prime Minister Narendra Modi was pushing the car maker to make a "significant investment" in the country, adding that such an announcement was expected soon
Musk's Twitter sues four Texas entities for data scraping, seeks damages
Musk, meanwhile, reiterated the reason for data limits in a reply to a tweet that referenced the data-scraping lawsuit
 "Musk's Twitter sues four Texas entities for data scraping, seeks damages")
Tesla in talks with India to set up factory with 500,000 annual capacity
India was keen for Tesla to manufacture vehicles locally, but the company said it wanted to export its cars first so that it could test the strength of demand
Elon Musk unveils new company xAI to 'understand true nature of universe'
Rather than relying on explicit programming of morality, xAI aims to create a "maximally curious" AI
Made in India Tesla for Rs 20L? Company in talks with govt to set up plant
Tesla already has a substantial presence in China, and now, the company is looking at India as an export base to supply cars to other markets in the Indo-Pacific region
 "Made in India Tesla for Rs 20L? Company in talks with govt to set up plant")
Musk announces new company xAI as he seeks to build ChatGPT alternative
Despite his work around AI, Musk was among a group of researchers and tech industry leaders who earlier this year called for developers to pause the training of powerful AI models
 "Musk announces new company xAI as he seeks to build ChatGPT alternative")
With Zhuque-2, China blasts off world's first methane-powered rocket
The successful launch of LandSpace's Zhuque-2 puts China ahead of rivals such as Elon Musk's SpaceX and Jeff Bezos' Blue Origin
 "With Zhuque-2, China blasts off world's first methane-powered rocket")
Threads breaches the 100 million signups-mark in just 5 days of its launch
It means that Meta's Threads has become the fastest-growing app in history outpacing ChatGPT and TikTok
 "Threads breaches the 100 million signups-mark in just 5 days of its launch")
Threads to add $8 bn to Meta annual revenue by 2025, says analyst
Instagram's new app, designed as a direct rival to Elon Musk's Twitter, signed up 100 million users in the days since Meta launched the service last Wednesday
 "Threads to add $8 bn to Meta annual revenue by 2025, says analyst")
Elon Musk claims lawyers overbilled in fight to make him buy Twitter
Wachtell Lipton Rosen & Katz, among most profitable firms in US, exploited a brief, vulnerable period just as Musk was closing $44 bn deal, according to complaint filed in San Francisco state court
 "Elon Musk claims lawyers overbilled in fight to make him buy Twitter")
Can you delete Threads account without getting rid of Instagram? Check here
Threads uses an Instagram account to access the app, even though they remain two separate applications
 "Can you delete Threads account without getting rid of Instagram? Check here")
