Musk and Modi last met in New York in June, and Tesla for months lobbied India to lower import taxes on electric vehicles while it weighed up a factory there
Closely held companies don't have to publicly release their financials and often massage their numbers while fundraising
"If you define AGI (artificial general intelligence) as smarter than the smartest human, I think it's probably next year, within two years," Musk said
Musk was sued in Texas state court in October by Ben Brody after endorsing a social media post that compared an Instagram profile of Brody to a photo of a White supremacist
Tesla has settled lawsuit brought by the family of a Silicon Valley engineer who died in a crash while relying on the company's semi-autonomous driving software. The size of the settlement was not disclosed in court documents filed Monday, just a day before the trial stemming from the 2018 crash on a San Francisco Bay Area highway was scheduled to begin. The family of Walter Huang filed a negligence and wrongful death lawsuit in 2019 seeking to hold Tesla and, by extension, its CEO Elon Musk liable for repeatedly exaggerating the capabilities of Tesla's self-driving car technology. They claimed the technology, dubbed Autopilot, was promoted in egregious ways that caused vehicle owners to believe they didn't have to remain vigilant while they were behind the wheel. Evidence indicated that Huang was playing a video game on his iPhone when he crashed into a concrete highway barrier on March 23, 2018. After dropping his son off at preschool, Huang activated the Autopilot feature on h
"This judge has brazenly and repeatedly betrayed the constitution and people of Brazil. He should resign or be impeached. Shame @Alexandre, shame," Musk posted on X
A crusading Brazilian Supreme Court justice included Elon Musk as a target in an ongoing investigation over the dissemination of fake news and opened a separate investigation late Sunday into the executive for alleged obstruction. In his decision, Justice Alexandre de Moraes noted that Musk on Saturday began waging a public disinformation campaign regarding the top court's actions, and that Musk continued the following day most notably with comments that his social media company X would cease to comply with the court's orders to block certain accounts. The flagrant conduct of obstruction of Brazilian justice, incitement of crime, the public threat of disobedience of court orders and future lack of cooperation from the platform are facts that disrespect the sovereignty of Brazil, de Moraes wrote. Musk will be investigated for alleged intentional criminal instrumentalisation of X as part of an investigation into a network of people known as digital militias who allegedly spread ...
The growth issue around Tesla has become so sensitive, that a report on Friday saying the company was getting rid of its low-cost EV plans which were considered key to fixing its demand problem
Musk's wealth has shrunk by $48.4 billion this year, while Zuckerberg has added $58.9 billion to his fortune as Meta Platforms Inc. climbs to fresh highs, including a new record on Friday
Tesla is also facing claims that CEO Elon Musk violated workers' labor rights by suggesting in a 2018 tweet that employees would lose stock options if they unionized
Musk pledged last week to start handing out the free features to people who had more than 2,500 verified followers
Last year, X began issuing verification checks only to those who paid the starting price of $8 per month for it, and stripping verification badges from many celebrities
Under the new Indian policy, companies can import up to 8,000 cars a year at the lower tax rate
The 'Community Notes' programme will allow contributors to participate in fact-checking tweets in order to create a more informed digital environment
Mukesh Ambani retained his position as the ninth richest person in the world and both India's and Asia's richest person in 'Forbes World's Billionaires List 2024: The Top 200'
The US EV firm had demanded tariff cuts, concessions as a prerequisite for investment
The company promoted an internal employee, Kylie McRoberts, to take on the high-profile job
Market intelligence firm Caliber cited strong associations between Tesla's reputation and that of Musk for the scores
Musk said xAI would open-source Grok, days after the billionaire sued Microsoft-backed OpenAI for allegedly abandoning its original mission in favor of a for-profit model
In the latest "Hurun Global Rich List 2024", Mumbai has been named the fastest-growing city for billionaires globally. The list features artificial intelligence prominently. Here are the key takeaways