Page 28 - Elon Musk

US judge declines to block Musk's $1 mn checks to voters before polls

A Wisconsin judge on Saturday declined to stop billionaire Elon Musk from handing over USD 1 million checks to two voters in the state at a planned rally days before the closely contested Supreme Court election. The state attorney general, who argues that the offer violates the law, immediately appealed after the judge refused to hear the request for an emergency injunction to block the payments. The ruling is the latest twist in Musk's deep involvement in the race, which has set a record for spending in a judicial election and has become a litmus test for the opening months of Donald Trump's presidency. Trump and Musk are backing Waukesha County Judge Brad Schimel in the race, while Democrats are behind Dane County Judge Susan Crawford. Musk plans a rally Sunday where he intends to give a pair of Wisconsin voters USD 1 million each for signing an online petition against activist judges. He is also offering USD 100 to anyone who signs it; he previously gave USD 1 million to a Green

Musk deletes post promising to deliver $2 mn to Supreme Court race voters

Billionaire Elon Musk on Friday deleted a social media post in which he had announced plans to hold a rally in Wisconsin to personally hand over USD 2 million to a pair of voters who have already cast their ballots in the state's hotly contested Supreme Court race. Musk deleted the post from his social media platform, X, about 12 hours after he initially posted it late Thursday night. He had posted that he planned to give USD 1 million each to two voters at the event on Sunday, just two days before the election that will determine ideological control of the court in the battleground state. The action was announced despite a Wisconsin law that explicitly prohibits giving anything of value in exchange for a vote. Musk said that attendance at his talk would be limited only to those who have voted in the Supreme Court election, without explaining how he would verify that. I will also personally hand over two checks for a million dollars each in appreciation for you taking the time to

Elon Musk sells X to his AI firm xAI for $33 billion in all-stock deal

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a USD 33 billion all-stock deal, the billionaire announced on Friday. Both companies are privately held, which means they are not required to disclose their finances to the public. Musk said in a post on X that the move will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach. He said the deal values xAI at USD 80 billion and X at USD 33 billion. Musk, who serves as CEO of Tesla and SpaceX as well as an advisor to Presidend Donald Trump, bought the site then called Twitter for $44 billion in 2022, gutted its staff and changed its policies on hate speech, misinformation and user verification and renamed it X. He launched xAI a year later. xAI and X's futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent. This combination will unlock immense potential by blending xAI's advanced A

Musk loses bid to block investor lawsuit over Twitter stock manipulation

A Manhattan federal judge on Friday said investors can move forward with claims that Musk committed securities fraud by failing to make timely disclosures to the US Securities and Exchange Commission

'X's allegations of censorship are groundless': Centre on Musk's lawsuit

Elon Musk-owned X filed a lawsuit seeking to quash the government's Sahyog portal, which notifies tech companies about harmful online content

Musk says he will finish most of $1 trn federal cost cuts within weeks

DOGE estimates it has saved US taxpayers $115 billion as of March 24 through actions including workforce reductions, asset sales and contract cancellations

Man accused of setting fire to Tesla vehicles in Las Vegas arrested: Police

A man who set fire to Tesla vehicles in Las Vegas and painted the word "resist" for authorities to find at the scene has been arrested, police said on Thursday. Paul Hyon Kim, 36, faces charges in connection with the March 18 attack in both state and federal court. He was taken into the custody of the federal government on Thursday. In state court, Kim is facing charges of arson, possession of an explosive device and firing a weapon into a vehicle, Clark County Sheriff Kevin McMahill said at a news conference. Kim is also charged with federal unlawful possession of an unregistered firearm and arson, according to a criminal complaint. He is scheduled to appear in the US district court in Las Vegas later on Thursday. An attorney for Kim who could comment on his behalf was not listed on Thursday in court records. Security video played at the news conference showed the suspect, dressed in black and covering his face, paint the word "resist" across the glass doors of a Tesla service ce

Trump administration plans large layoffs, targets 10K jobs in health dept

The jobs cuts come after around 10,000 employees have already opted to leave the department through so-called voluntary separation letters

Hurun Rich List 2025: Elon Musk world's richest; check who trail him

The report noted that since the wealth cut-off date of January 15, 2025, Elon Musk's fortune has declined by nearly $100 billion

Elon Musk one of the few winners from Donald Trump's auto tariffs

The electric vehicle maker has large factories in California and Texas that churn out all the cars it sells in the US

Trump calls auto tariffs 'maybe good for Tesla,' Musk says 'not unscathed'

The auto tariffs are set to take effect on April 2, with collection beginning April 3, as confirmed by the White House

Tesla to start sales in Saudi next month as Musk and the Kingdom mend ties

The dispute started when Musk tweeted in 2018 he had "funding secured" to take Tesla private after meeting Saudi Arabia's sovereign wealth fund. But the deal didn't materialise

Trump calls Musk a 'friend' in meeting, says he never asked for anything

Trump's acknowledgment of his friendship comes at a time when DOGE chief Musk has been facing several setbacks

Delhi HC to hear Musk's Tesla infringement suit against India's Tesla Power

Tesla Inc had filed a trademark infringement suit in the Delhi High Court on May 2 last year against Gurugram-based Tesla Power India

Nasa staff worried as layoffs begin under Trump's cost-cutting initiative

Nasa begins layoffs under Trump's cost-cutting orders; a 'Tiger Team' has been formed to identify efficiencies as scientists fear a brain drain and growing distrust in leadership

DOGE cuts testing conservative voters' faith in poll for Gaetz's old seat

As the Trump administration forges ahead with its dramatic reshaping of the federal government, voters in a northwest Florida congressional district that's home to thousands of veterans will be among the first to put the president's agenda to an electoral test. The state's Chief Financial Officer Jimmy Patronis, a Republican endorsed by President Donald Trump, is widely expected to win the special election in Florida's 1st Congressional District on April 1 and help pad Republicans' narrow majority in the US House of Representatives. The seat became vacant with the resignation of former Rep. Matt Gaetz in a heavily Republican district. In a longshot bid, Democrat Gay Valimont is seeking to hinge the race on the Department of Government Efficiency Service's push to fire federal workers and dismantle federal agencies. A win for her would defy decades of political convention and could send loud signals about how the president's aggressive second term in the White House is playing with

US Postmaster General Louis DeJoy steps down as deputy takes over

The abrupt exit adds to the volatility gripping the post office, which has seen sputtering gains in DeJoy's yearslong plan to cut costs, reverse losses and improve efficiency

FBI, ATF form task force to investigate Tesla vandalism, arson cases

The incidents come amid escalating backlash against Tesla CEO Elon Musk and his role in President Donald Trump's administration

South Africa's Prez denies 'white persecution' amid Musk's genocide claim

South African President Cyril Ramaphosa said Monday the claim that white people are being persecuted in his country is a completely false narrative. It was his latest attempt to push back against allegations made by US President Donald Trump, Elon Musk and some white minority groups in South Africa. South African-born Musk, who has regularly accused South Africa's Black-led government of being anti-white, repeated a claim this weekend in a social media post that some of the country's political figures are actively promoting white genocide." Ramaphosa said in his weekly message to the nation that South Africans should not allow events beyond our shores to divide us or turn us against each other. In particular, we should challenge the completely false narrative that our country is a place in which people of a certain race or culture are being targeted for persecution. Ramaphosa did not mention names, but his denial was a reference to the allegations by Trump and others that South Af

US federal judge blocks Musk's DOGE from accessing union members' data

Her order comes as the Trump administration is trying to persuade another federal judge in New York to partially lift limits on Treasury data access she imposed on a DOGE-affiliated staffer