Page 74 - Elon Musk

X's ad revenue to be donated to Israeli hospitals, Red Cross in Gaza: Musk

It was in July this year that Musk renamed Twitter as X Corp. after his 2022 acquisition of the service

India closer to agreement with Tesla to import EVs, set up facility

Tesla would commit an initial minimum investment in any plant of around $2 billion and would look to increase purchases of auto parts from the nation to as much as $15 billion

Elon Musk's X sues Media Matters for America over its pro-Nazi content link

"Media Matters designed both these images and its resulting media strategy to drive advertisers from the platform and destroy X Corp.," the company said

X's CEO Yaccarino acknowledges that some advertisers have paused spending

X faced a widespread backlash on Friday after Musk agreed with a post that said Jewish people hold a "dialectical hatred" of White people. "You have said the actual truth," Musk responded

SGPC to take legal action against 'X', says apex gurdwara body chief

The Shiromani Gurdwara Parbandhak Committee on Monday said it will take legal action against social media platform X, formerly Twitter, for not shutting down a fake account in the name of the apex gurdwara body that is allegedly being used to spread hate propaganda against Sikhs. A decision to this effect was taken at the executive committee meeting of the Shiromani Gurdwara Parbandhak Committee (SGPC). SGPC chief Harjinder Singh Dhami told reporters that, by passing a special resolution, the executive committee condemned the hate propaganda against Sikhs and Sikh organisations on social media. Through this resolution, it has been decided to take legal action against X regarding a "fake/parody" account created in the SGPC's name to unleash hate propaganda, he said. Dhami said the SGPC's image is being tarnished through this fake/parody account and, despite a complaint regarding it, X did not shut it down and even justified it under its policy. Now, legal action will be taken again

Elon Musk defends himself on social media after antisemitic furore deepens

The backlash erupted last week after the billionaire Tesla Inc. chief and X-owner agreed with a post that said Jewish people hold a "dialectical hatred" of white people

Musk's X to file 'thermonuclear' lawsuit against media watchdog: Report

Musk on Wednesday endorsed an antisemitic post on X that falsely claimed members of the Jewish community were stoking hatred against white people

White House slams Elon Musk for abhorrent promotion of antisemitism

The White House has slammed tech entrepreneur and billionaire Elon Musk for his abhorrent promotion of antisemitism and racist hate, while several top American companies like Apple have pulled out ads from his social media platform X. Musk, 52, on Wednesday endorsed a post on X that falsely claimed Jewish people were stoking hatred against white people, saying the user who referenced the "Great Replacement" conspiracy theory was speaking "the actual truth." The antisemitic conspiracy theory which posits that Jews want to bring undocumented minority populations into Western countries to reduce White majorities in those nations is often espoused by hate groups. It is unacceptable to repeat the hideous lie behind the most fatal act of antisemitism in American history at any time, let alone one month after the deadliest day for the Jewish people since the Holocaust, White House spokesperson Andrew Bates said. As President Biden said weeks ago memorialising the victims of the Pittsbur

Apple, Disney, IBM announce halting ads on X after Elon Musk's comments

Disney said it was halting spending on X. Similarly, Lionsgate, entertainment and film distribution company, and Paramount Global, media giant that owns CBS announced they are pausing spending on X

IBM, EU pull ads from Musk's X as concerns about antisemitism fuel backlash

Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content and hate speech on the site in general, with billionaire owner Elon Musk inflaming tensions with his own tweets endorsing an antisemitic conspiracy theory. IBM said this week that it stopped advertising on X after a report said its ads were appearing alongside material praising Nazis a fresh setback as the platform formerly known as Twitter tries to win back big brands and their ad dollars, X's main source of revenue. The liberal advocacy group Media Matters said in a report on Thursday that ads from Apple, Oracle, NBCUniversal's Bravo network and Comcast also were placed next to antisemitic material on X. IBM has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation," the company said in a terse statement. Apple, Oracle, NBCUniversal and Comcast didn't respond

Fallout from Musk's antisemitic post spreads, Tesla investors worried

Facebook co-founder Dustin Moskovitz, also chief executive officer of project-management software maker Asana Inc., called on the billionaire to resign

IBM suspends X advertisements after report of placement near Nazi posts

Elon Musk, the billionaire owner of X, on Wednesday endorsed an antisemitic post on the service

SpaceX to launch its mega rocket again months after first attempt fails

SpaceX is aiming for another test flight of its mega rocket on Friday after getting final approval from federal regulators. The first launch of Starship ended in an explosion minutes after lifting off from South Texas in April. The Federal Aviation Administration issued its license Wednesday, noting that SpaceX has met safety, environmental and other requirements to launch again. Elon Musk's rocket company said it was targeting Friday morning. After the self-destruct system blew up the rocket over the Gulf of Mexico, SpaceX made dozens of improvements to the nearly 400-foot (121-meter) rocket and to the launch pad, which ended up with a large crater beneath it. SpaceX has a $3 billion NASA contract to land astronauts on the lunar surface as early as 2025, using the spacecraft. A month ago, the FAA completed its safety review of the upcoming Starship launch. It needed more time to wrap up its environmental review. No one was injured in the first attempt, but the pad was heavily dam

'My apologies': Elon Musk unable to meet Piyush Goyal at Tesla facility

Elon Musk was unable to meet with Piyush Goyal in person as he was unwell and could not travel to California

Union min Piyush Goyal visits Tesla's manufacturing facility in California

Commerce and Industry Minister Piyush Goyal has visited the manufacturing facility of US-based electric vehicle major Tesla at Fremont, California and said that the company would be doubling its auto components imports from India. The minister is in the US on a four-day visit. The world's largest electric car producer Tesla Inc's chief Elon Musk met Prime Minister Narendra Modi in June in New York and after the meeting Musk had said that he planned to visit India in 2024. "Visited @Tesla's state of the art manufacturing facility at Fremont, California. Extremely delighted to see talented Indian engineers and finance professionals working at Senior positions and contributing to Tesla's remarkable journey to transform mobility. "Also proud to see the growing importance of auto component suppliers from India in the Tesla EV supply chain. It is on its way to double its components imports from India. Missed Mr @ElonMusk's magnetic presence and I wish him a speedy recovery," Goyal said on

Musk says new algorithm for X will make smaller creators more visible

"This will help surface smaller accounts and posts outside of your friend-follows network", Musk said in his post on X (formerly Twitter)

Tesla to double its components imports from India, says Piyush Goyal

He said in September Tesla was aiming to source components worth between $1.7 billion and $1.9 billion from India this year, having bought $1 billion of components last year

AI and the global job market

The AI-driven world may align more with the Keynesian hypothesis than Elon Musk's gloomy prophecy of no jobs

Tesla to import completely made electric cars from Germany into India

Earlier this month, Reuters reported that Tesla is planning to build a $26,838 car at its factory near Berlin

Piyush Goyal to meet Tesla's Musk amid market entry talks: Report

Tesla and India have been in talks for several months with the US carmaker open to setting up a factory but also keen to get lower import taxes for some of its high-end vehicles