Page 7 - Elon Musk

Larry Ellison overtakes Elon Musk to become world's richest person

Oracle co-founder Ellison's current total net worth stands at $393 billion, surpassing Tesla chief Elon Musk, whose fortune totals around $385 billion, according to the Bloomberg Billionaires Index

Navarro's India post gets fact-checked on X, Musk says 'you hear all sides'

Peter Navarro's post blaming India over Russian oil imports was flagged by X's community notes, sparking his angry response, while Elon Musk defended the platform's fact-check system

Elon Musk to be world's first trillionaire with new compensation package?

Tesla has proposed a $1-trillion performance award for Elon Musk, granting him 12% of shares if the company's market cap hits $8.5 trillion and key milestones are met

Trump hosts top tech CEOs at White House dinner, Musk absent from list

US President Donald Trump hosted a high-powered group of tech executives at the White House on Thursday as he showcased research on artificial intelligence and boasted of investments that companies are making around the United States. This is taking our country to a new level, he said at the centre of a long table surrounded by what he described as high IQ people". It was the latest example of a delicate two-way courtship between Trump and tech leaders, several of whom attended his inauguration. Trump has exulted in the attention from some of the world's most successful businesspeople, while the companies are eager to remain on the good side of the mercurial president. While the executives praised Trump and talked about their hopes for technological advancement, the Republican president was focused on dollar signs. He went around the table and asked executives how much they were investing in the country. Meta's Mark Zuckerberg, who sat to Trump's right, said USD 600 billion. Apple

Trump to host top tech CEOs except Musk at White House dinner on Thursday

President Donald Trump will host a high-powered list of tech CEOs for a dinner at the White House on Thursday night. The guest list is set to include Microsoft cofounder Bill Gates, Apple CEO Tim Cook, Meta CEO Mark Zuckerberg and a dozen other executives from the biggest artificial intelligence and tech firms, according to the White House. One notable absence from the guest list is Elon Musk, once a close ally of Trump, whom the president tasked with running the government-slashing Department of Government Efficiency. Musk had a public break with Trump earlier this year. The dinner will be held in the Rose Garden, where Trump recently paved over the grassy lawn and set up tables, chairs and umbrellas that look strikingly similar to the outdoor setup at at his Mar-a-Lago club in Florida. The Rose Garden Club at the White House is the hottest place to be in Washington, or perhaps the world. The president looks forward to welcoming top business, political, and tech leaders for this .

Tesla's India sales fall short with only 600 cars ordered since July

The electric vehicle maker now intends to ship between 350 and 500 cars to India this year, with the first batch expected to arrive from Shanghai in early September

Tesla sees retail exodus in South Korea as investors turn to crypto

The exodus signaled waning enthusiasm among one of Tesla's most loyal global retail bases, whose buying sprees once amplified the stock's rallies

Tesla EU sales plunge 40% in July as anger at Musk drives 7th monthly drop

Europeans angry at Elon Musk still aren't buying his cars months after the billionaire predicted a major rebound in Tesla sales, data released Thursday shows. Tesla sales plunged 40 per cent in July in the 27 European Union countries compared with the year earlier even as sales overall of electric vehicle soared, according to the European Automobile Manufacturers' Association. Meanwhile sales of Chinese rival BYD continued to climb fast, grabbing 1.1 per cent market share of all car sales in the month versus Tesla's 0.7 per cent. Tesla stock fell 1.5 per cent in afternoon trading Thursday. Musk angered many Europeans by wading into politics there, embracing far-right candidates, calling a British prime minister an evil tyrant who belongs in prison and telling Germans things will get very, very much worse in their country if they didn't vote for the anti-immigrant Alternative for Germany party. Protests broke out in several cities, including a hanging of the billionaire in effigy in

SpaceX Starship deploys 8 dummy satellites, splashes down in Indian Ocean

SpaceX launched the latest test of its mega rocket Starship on Tuesday night and completed the first-ever deployment of a test payload eight dummy satellites into space. After just over an hour coasting through space, Starship splashed down as planned in the Indian Ocean. Starship blasted off from Starbase, SpaceX's launch site in South Texas, just after 6:30 pm. It was the 10th test for the world's biggest and most powerful rocket, which SpaceX and NASA hope to use to get astronauts back on the moon. NASA has ordered two Starships to land astronauts on the moon later this decade, and SpaceX CEO Elon Musk's ultimate goal is Mars. No crew members were aboard the demo launch. The test also included the successful return of the craft's Super Heavy Booster, which splashed down in the Atlantic after testing a landing-burn engine sequence. The Starship itself continued to orbit the Earth passing from daylight in Texas through night and back into daytime again ahead of the planned ..

Musk's xAI sues Apple, OpenAI over AI competition, App Store rankings

"Apple and OpenAI have "locked up markets to maintain their monopolies and prevent innovators like X and xAI from competing," the lawsuit said.

SpaceX delays Starship launch citing ground systems trouble before liftoff

Starship was set to take off on its 10th major mission from SpaceX's South Texas launch facility, called Starbase

The importance of being Sergio Gor: A pivotal moment for India-US ties

Trump's trusted aide and new US ambassador to India poses both a challenge and an opportunity for India-US ties

The importance of being Sergio Gor, Trump's new Ambassador to India

The fact that Gor has President Trump's ear makes him an extremely valuable commodity for India - he represents both a challenge and an opportunity

Who is Sergio Gor, Trump's aide nominated to be US Ambassador to India?

President Donald Trump has nominated his longtime aide Sergio Gor as the next US Ambassador to India. He will continue in his White House role until Senate confirmation

Musk tried to enlist Zuckerberg to help finance OpenAI takeover bid

OpenAI said Musk identified Zuckerberg, as one of the people with whom he had communicated about potentially financing a deal to purchase the ChatGPT maker

Musk's X reaches tentative $500 mn settlement with ex-Twitter workers

The parties disclosed the deal in a Wednesday court filing asking for a scheduled Sept 17 hearing in the case to be postponed

Search engines reportedly indexed users' chats with Grok: What it means

Chats shared via Grok's "share" button are being indexed by Google and other search engines, making user conversations publicly searchable on the web

Musk to face lawsuit for defrauding voters over 2024 election sweepstakes

The district attorney in Philadelphia sued Musk and the PAC about a week before the November election to shut down the sweepstakes as an unlawful lottery

UIDAI partners with Starlink to enable Aadhaar e-KYC for broadband users

Billionaire Elon Musk-led Starlink will use Aadhaar authentication for customer verification in the country before onboarding them, an official statement said on Wednesday. The government has given approval to Starlink to start providing satellite-based broadband services in the country. "The Unique Identification Authority of India (UIDAI) has onboarded satellite-based internet provider Starlink Satellite Communication Pvt Ltd. Starlink will use Aadhaar Authentication for customer verification, which will make the entire process smooth, secure and very easy," the statement said. Starlink can onboard around 20 lakh customers in India at present capacity, according to an official estimate. "Starlink's onboarding with Aadhaar authentication signifies a powerful synergy: India's trusted digital identity joining hands with global satellite technology. Aadhaar e-KYC will facilitate the onboarding of users seamlessly, ensuring compliance with regulatory requirements while delivering ...

SpaceX gets billions from US govt but gives little to nothing back in taxes

Tax experts said that not having to pay $5 billion in federal income taxes was substantial and notable for a company that has relied on contracts with the US government to an unusual degree