Tesla can’t afford another Twitter-size distraction
1 month, 1 week ago

Tesla can’t afford another Twitter-size distraction

Live Mint  

In the eyes of Tesla shareholders, Elon Musk hardly needed another distraction. Tesla’s stock didn’t even fully recover those losses until after the U.S. election three months ago, which effectively put Musk in the White House with a key position in the Trump administration. Rusch of Oppenheimer also called Musk’s political activity “a potential overhang" on Tesla’s sales in his report. View Full Image Graphic: WSJ Even with the stock’s recent weakness, Tesla’s market cap still exceeds that of the world’s next 20 largest automakers combined, according to data from S&P Global Market Intelligence. “Although Mr. Musk spends significant time with Tesla and is highly active in our management, he does not devote his full time and attention to Tesla," Tesla’s annual 10-K filings have warned since the company went public in 2010.

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History of this topic

Tesla Investor Doubles Down: Calls For Elon Musk’s Removal As CEO. Here's Why
1 day, 14 hours ago

Tesla Investor Doubles Down: Calls For Elon Musk’s Removal As CEO. Here's Why

ABP News  

Tesla investor Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, has once again voiced his concerns over Elon Musk’s leadership at Tesla. Back in December 2022, following Musk’s $44 billion acquisition of Twitter, Gerber criticised the Tesla board for allowing the deal to happen, stating that Musk was “not suited” to run the social media platform. Tesla Board …

Furious Tesla investor to Musk: Return full-time or step aside!
Trending News
1 day, 16 hours ago

Furious Tesla investor to Musk: Return full-time or step aside!

Firstpost  

In a few weeks, Musk took on a visible role in US President Donald Trump’s second administration as he continues to lead the controversial Department of Government Efficiency. However, this involvement has caused concerns among Tesla investors as the company’s stock continues to flounder throughout 2025 As billionaire Elon Musk continues to gain political influence in the US, he is …

‘I don’t care, I want out’: Tesla fans dumping stock in 'irreparably damaged' company
4 days, 9 hours ago

‘I don’t care, I want out’: Tesla fans dumping stock in 'irreparably damaged' company

Raw Story  

Seeing the writing on the wall, some of Elon Musk and Tesla's biggest boosters are dumping their stock position in the company in large part over his actions since he assumed a major role in Donald Trump's administration. As the Journal's Hannah Erin Lang and Owen Tucker-Smith wrote, "Just a few months ago, investors were betting that a second Trump …

Tesla faces a ‘brand crisis tornado.’ The one guy who can fix it is MIA
4 days, 23 hours ago

Tesla faces a ‘brand crisis tornado.’ The one guy who can fix it is MIA

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. 1 Tesla bull pleaded with Musk and Tesla’s board to “stop being silent” and fix their mess. “Let’s call it like is: Tesla is going through a crisis and there is one person who can fix it … Musk,” wrote Wedbush Securities analyst Dan Ives in a note to …

‘Tesla Takedown’: How Elon Musk’s Trump alliance is triggering backlash
4 days, 23 hours ago

‘Tesla Takedown’: How Elon Musk’s Trump alliance is triggering backlash

Al Jazeera  

Tesla stock’s value has plunged as unrest grows over Elon Musk’s ties to Donald Trump. The backlash to Elon Musk and Donald Trump’s alliance is hitting Tesla hard. From boycotts and protests to attacks on cars, showrooms and charging stations, the company’s stock is plummeting. In this episode: Bobby Allyn, NPR tech correspondent Jen Cousins, Tesla Takedown activist Episode credits: …

Musk tells Tesla employees to hold on to their stock amid protests
Trending News
4 days, 23 hours ago

Musk tells Tesla employees to hold on to their stock amid protests

LA Times  

Elon Musk’s controversial actions in the federal government have prompted protests at Tesla dealerships, including one in Pasadena. Tesla Chief Executive Elon Musk told employees to hold on to their stock and stay optimistic amid a series of blows to his company’s reputation that have sent shares plunging. Since Musk began his prominent role in the Trump administration in January, …

Trump official's promotion of Tesla flops as shares sink again
Trending News
5 days, 11 hours ago

Trump official's promotion of Tesla flops as shares sink again

Raw Story  

Trump Commerce Secretary Howard Lutnick on Wednesday went on Fox News to aggressively promote the flagship company owned by billionaire Elon Musk. But as Axios reports, Lutnick's pitch to Fox viewers to invest in Tesla seems to have flopped as shares in the company sank again ahead of the opening bell on Thursday morning. Axios adds that Wedbush Securities' Dan …

Rise of the 'Tesla killer': Chinese firm sees shares soar as Elon Musk's stock sinks. This is what it could mean for your finances...
6 days, 6 hours ago

Rise of the 'Tesla killer': Chinese firm sees shares soar as Elon Musk's stock sinks. This is what it could mean for your finances...

Daily Mail  

Its electric cars have driven in from China, and now this company is being dubbed ‘the Tesla killer’ - with some justification. So should investors leave Tesla – founded and run by President Trump’s ‘first buddy’ Elon Musk – by the roadside? ‘Tesla’s Chinese rival BYD is surpassing its competitor with a new fast-charging technology,’ says Jochen Stanzl, chief market …

Tesla employees react as stock of Elon Musk's company continues to slide
6 days, 16 hours ago

Tesla employees react as stock of Elon Musk's company continues to slide

Hindustan Times  

Tesla shares are falling due to fears of slowing sales, increasing competition, and a CEO, who is busy spending a lot of his time in Washington, DC. The plummeting stock is "only concerning if you're a short-term investor," a Business Insider report quoted one Tesla worker in the company's sales department as having said. Ten different employees across different roles …

Musk exposes chilling new conspiracy against him and Tesla: 'I've never seen anything like this'
6 days, 17 hours ago

Musk exposes chilling new conspiracy against him and Tesla: 'I've never seen anything like this'

Daily Mail  

Elon Musk has spoken out about an alleged conspiracy to assassinate him and destroy Tesla, the electric car company that has made him the richest man in the world. Musk repeated the claim made by many conservative lawmakers, including Marjorie Taylor Greene, that there could be left-wing groups coordinating the protests and attacks on Tesla vehicles and dealerships. He claimed …

Elon Musk's own brother among Tesla insiders who've unloaded more than $100M in shares
1 week ago

Elon Musk's own brother among Tesla insiders who've unloaded more than $100M in shares

Raw Story  

Share prices of electric car manufacturer Tesla have been tanking in recent weeks as CEO Elon Musk draws controversy by taking a hatchet to the federal workforce. ABC News reports that recent filings with the Securities and Exchange Commission show that "members of the board and an executive at Elon Musk's company have been selling off millions of dollars in …

MSNBC's Michael Steele uses Trump's 'sad PR stunt' to dump all over Elon Musk
1 week, 2 days ago

MSNBC's Michael Steele uses Trump's 'sad PR stunt' to dump all over Elon Musk

Raw Story  

On Sunday morning, MSNBC host Michael Steele used Donald Trump's attempt to boost Tesla sales by turning the front of the White House into a car lot, to make his feelings known about billionaire Elon Musk. After noting that Tesla's stock is in a death-spiral, he called the White House stunt "a sad PR stunt," before pointing out he has …

‘Ultra-capitalist scum’: Elon Musk’s Tesla slammed for withholding salaries of ill workers in Germany
1 week, 2 days ago

‘Ultra-capitalist scum’: Elon Musk’s Tesla slammed for withholding salaries of ill workers in Germany

Hindustan Times  

Electric carmaker Tesla, already under a slew of attacks, is now facing backlash over accusations of withholding pay of ill workers at its German factory. Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the US electric car giant Tesla, on September 3, 2020 in Gruenheide near Berlin, northeastern Germany. According to a report in …

Is Elon Musk an ‘absent CEO’ at Tesla? Expert’s reply will shock you: ‘He does not have the time’
1 week, 3 days ago

Is Elon Musk an ‘absent CEO’ at Tesla? Expert’s reply will shock you: ‘He does not have the time’

Live Mint  

Is Elon Musk an ‘absentee CEO’ at Tesla? Alan Ohnsman, Forbes senior editor of transportation, told the news outlet that while Elon Musk may get briefs and updates, he is not doing what a chief executive officer is supposed to do. Drawing comparison with other CEOs like Tim Cook and Sundar Pichai, the Forbes journalist said that it is ‘simply’ …

The United States of Elon Musk Inc.
1 week, 5 days ago

The United States of Elon Musk Inc.

Wired  

Where do Elon Musk’s business interests end and Donald Trump’s political interests begin? Musk did, though, spend nearly $300 million on the 2024 US election cycle, with the vast majority of that directly in support of Trump’s presidential campaign. At a talk at Georgetown University’s Psaros Center on Tuesday, House Speaker Mike Johnson named Trump and Musk as the two …

'Investors have had enough': Tesla loses 'so much' value as it transforms into MAGA symbol
1 week, 5 days ago

'Investors have had enough': Tesla loses 'so much' value as it transforms into MAGA symbol

Raw Story  

Donald Trump completed Tesla's MAGA heel turn by hosting an informercial for the embattled automaker owned by his "first buddy" Elon Musk. "Standing alongside Musk and a row of Teslas on the South Lawn, Trump said he'd buy a Model S sedan for White House staff and threatened to classify anti-Tesla violence as domestic terrorism," Axios reported. "Photographers captured a …

Elon Musk’s Tesla says it could be targeted by retaliatory tariffs
1 week, 5 days ago

Elon Musk’s Tesla says it could be targeted by retaliatory tariffs

CNN  

New York CNN — Tesla, the electric car company run by Elon Musk, said this week that retaliatory tariffs against US manufacturers could harm its operations and that the US should carefully consider its trade policies, a break from Musk’s ally President Donald Trump. In a March 11 letter to US Trade Representative Jamieson Greer, company representatives wrote: “As a …

Tesla owners caught in anti-Musk firestorm as ‘Swasticar’ flyers appear in San Francisco
1 week, 6 days ago

Tesla owners caught in anti-Musk firestorm as ‘Swasticar’ flyers appear in San Francisco

Hindustan Times  

As Elon Musk continues to face backlash over his policies at DOGE, Tesla showrooms and electric vehicles across the United States have been targeted, with anti-Musk flyers reportedly cropping up around San Francisco. According to a report by San Francisco-based news channel KRON, unknown individuals have attached posters on light poles and cars in the area, warning Tesla owners against …

Musk says Tesla will double vehicle production in 2 years to ‘support Trump’s policies’
1 week, 6 days ago

Musk says Tesla will double vehicle production in 2 years to ‘support Trump’s policies’

Firstpost  

The announcement of his ambitious plan comes after Trump bought a brand-new Tesla EV in a show of support for his close advisor Musk, who helped the president pick the shiny red car A Tesla with a sticker referring to the car's purchase is shown on Sunday, December 15, 2024, in Concord. The announcement of his ambitious plan comes after …

Donald Trump endorses Elon Musk’s ‘beautiful’ red Tesla Model S at White House amid sales slump, protests
1 week, 6 days ago

Donald Trump endorses Elon Musk’s ‘beautiful’ red Tesla Model S at White House amid sales slump, protests

Live Mint  

In a show of endorsement for ally and billionaire Elon Musk, United States President Donald Trump on March 11 selected Tesla Model S car on the White House driveway, according to multiple reports. Donald Trump says Elon Musk ‘Treated Unfairly’ In a video posted to the social media platform X, Donald Trump can been seen telling reporters Elon Musk “has …

Fox News reporter challenges Trump on promoting Tesla while Americans are ‘struggling’
Trending News
1 week, 6 days ago

Fox News reporter challenges Trump on promoting Tesla while Americans are ‘struggling’

Raw Story  

As the stock market continues to drop due to President Donald Trump’s tariff program and resulting anxiety over the possible recession economists warn may come — reinforced by his refusal to rule one out — the President has decided to go on a campaign to promote Tesla, the electric vehicle company owned by the leader of his Department of Government …

Trump is buying a Tesla. Here are some of the harsh things he’s said about EVs over the years
Top News
2 weeks ago

Trump is buying a Tesla. Here are some of the harsh things he’s said about EVs over the years

Associated Press  

WASHINGTON — President Donald Trump, who said Tuesday he was buying a Tesla to show loyalty to company CEO Elon Musk, has had plenty to say about electric vehicles over the years. A look at some of Trump’s comments on EVs — and Musk: Trump includes electric cars in a sour Christmas message Trump marked Christmas 2023 with a social …

As Elon Musk's politics rises, Tesla loses 54% value since Election Day
2 weeks ago

As Elon Musk's politics rises, Tesla loses 54% value since Election Day

Firstpost  

Amid extremist politics of Elon Musk, his electric vehicles company Tesla has seen 54% of its value fall since the highs in the weeks after the Election Day, with stock falling by 15% yesterday alone President Donald Trump claps as Elon Musk prepares to depart after speaking at a campaign event. While Tesla’s downfall is part of the broader US …

As Elon Musk's politics rises, Tesla loses 54% value since Election Day
2 weeks ago

As Elon Musk's politics rises, Tesla loses 54% value since Election Day

Firstpost  

Amid extremist politics of Elon Musk, his electric vehicles company Tesla has seen 54% of its value fall since the highs in the weeks after the Election Day, with stock falling by 15% yesterday alone President Donald Trump claps as Elon Musk prepares to depart after speaking at a campaign event. While Tesla’s downfall is part of the broader US …

Tesla stock: Trump says he’ll buy a Tesla to support Elon Musk, whose companies are struggling
2 weeks ago

Tesla stock: Trump says he’ll buy a Tesla to support Elon Musk, whose companies are struggling

CNN  

Editor’s Note: A new CNN series “Twitter: Breaking the Bird” follows the insider story behind the meteoric rise and eventual sale of the revolutionary app featuring the voices of the founders themselves. This a “moment of truth” for Musk as Tesla’s stock price tumbles, wrote Wedbush analyst Dan Ives in a note to clients Tuesday. “In a nutshell the word …

Elon Musk's empire 'may be starting to wobble': Harvard Business School professor
2 weeks, 1 day ago

Elon Musk's empire 'may be starting to wobble': Harvard Business School professor

Raw Story  

While Elon Musk is still the world's richest man, Harvard Business School professor Mihir A. Desai believes that his fortunes are far shakier than they appear on paper. Writing in the New York Times, Desai argues that Musk's massive wealth has a "soft underbelly," which is that "his fortune depends heavily on the inflated expectations of his rabid following." Desai …

"Great difficulty": Musk admits to trouble running DOGE and companies as Tesla stocks tumble
2 weeks, 1 day ago

"Great difficulty": Musk admits to trouble running DOGE and companies as Tesla stocks tumble

Salon  

Elon Musk may have stretched himself too thin. The Tesla CEO and head of the Trump administration's Department of Government Efficiency told Fox Business' Larry Kudlow that he's found it hard to run his businesses and the hack-and-slash oversight agency during an interview on Monday. Former Trump admin official Kudlow pressed Musk on how he's coping with an increasingly busy …

What’s Driving Tesla’s Woes?
2 weeks, 3 days ago

What’s Driving Tesla’s Woes?

Wired  

However, there has been the feeling that at least some of the fall could be due to anger over Tesla CEO Elon Musk’s political activism and the decisions made by the so-called Department of Government Efficiency under his leadership. It’s a very simple and effective means for people to get onto the street and protest.” Media coverage amplifies the movement’s …

Tesla’s fortunes fall as Musk rises in Trump world
2 weeks, 4 days ago

Tesla’s fortunes fall as Musk rises in Trump world

Live Mint  

Few brands have their image as closely tied to their CEO as Tesla. Back in 2022, before Musk waded into presidential politics, automotive consulting firm Strategic Vision found that 22% of car shoppers surveyed said they would “definitely consider" a Tesla for their next vehicle purchase. “At this point, we don’t see any signs of recovery," Edwards said, noting that …

Tesla shares slide as Wall Street is turning its back on Elon Musk
2 weeks, 5 days ago

Tesla shares slide as Wall Street is turning its back on Elon Musk

CNN  

New York CNN — Liberals and government employees aren’t the only people angry with Elon Musk. Shares of Tesla shot up 91% after election day, peaking just before Christmas, as investors anticipated Musk and his car company would be big winners as a result of Donald Trump’s second term as president. I think this could be the year the Tesla’s …

Tesla shares slide as Wall Street is turning its back on Elon Musk
Trending News
2 weeks, 5 days ago

Tesla shares slide as Wall Street is turning its back on Elon Musk

CNN  

New York CNN — Liberals and government employees aren’t the only people angry with Elon Musk. Shares of Tesla shot up 91% after election day, peaking just before Christmas, as investors anticipated Musk and his car company would be big winners as a result of Donald Trump’s second term as president. I think this could be the year the Tesla’s …

What's REALLY happening at Tesla? Sales slump and shares tank as Musk provokes 'Tesla takedowns'
3 weeks ago

What's REALLY happening at Tesla? Sales slump and shares tank as Musk provokes 'Tesla takedowns'

Daily Mail  

The writing may not yet be on the wall for Tesla or its founder Elon Musk, but it is certainly on the back bumper. A survey conducted by EV review website Electrifying.com, found that 59 per cent of British owners and potential buyers of EVs said they would steer clear of a Tesla because of Musk. Musk, a 53-year-old father …

"The worst advertising": Musk's politics takes toll on Tesla, investor says
3 weeks ago

"The worst advertising": Musk's politics takes toll on Tesla, investor says

Salon  

Elon Musk's outsized role in the Trump administration is taking a toll on Tesla, according to an investor in the electric vehicle company that Musk has led since 2008. "For the first time in Tesla's history, sales last year didn't beat sales the year before," said Ross Gerber, who was an early supporter of Musk before becoming a recent critic. …

Musk’s embrace of right-wing politics risks turning off car buyers and sinking Tesla’s stock
3 weeks, 1 day ago

Musk’s embrace of right-wing politics risks turning off car buyers and sinking Tesla’s stock

Associated Press  

NEW YORK — Elon Musk’s car company is required each year to report to investors all the bad things that could happen to it, and the latest version lists every imaginable threat from costly lawsuits to out-of-control battery fires to war and another epidemic. Sales of Tesla’s Model 3 dropped 33% across all European countries even though that car is …

Will Musk's controversial politics sink Tesla's market value?
3 weeks, 1 day ago

Will Musk's controversial politics sink Tesla's market value?

India Today  

Tesla sales plunged 45% in Europe in January, according to research firm Jato Dynamics, even as overall electric vehicle sales rose. Sales of Tesla’s Model 3 dropped 33% across all European countries even though that car is not being updated and there is no reason for buyers to wait “Part of the population is not happy with his views, his …

Anti-DOGE Protests At Tesla Stores Target Elon Musk's Bottom Line
3 weeks, 2 days ago

Anti-DOGE Protests At Tesla Stores Target Elon Musk's Bottom Line

Huff Post  

LOADING ERROR LOADING BOSTON — Demonstrators gathered outside Tesla stores across the U.S. Saturday to protest the automaker’s billionaire CEO, Elon Musk, and his push to slash government spending on behalf of President Donald Trump. “We can impose direct economic damage on Tesla by showing up at showrooms everywhere and boycotting Tesla and telling everyone else to get out, sell …

Anti-DOGE protests at Tesla stores target Elon Musk's bottom line
3 weeks, 2 days ago

Anti-DOGE protests at Tesla stores target Elon Musk's bottom line

The Hindu  

Demonstrators gathered outside Tesla stores across the U.S. on Saturday to protest the automaker's billionaire CEO, Elon Musk, and his push to slash government spending on behalf of President Donald Trump. Critics of Mr. Trump and Mr. Musk hope to discourage and stigmatise purchases of Tesla, the electric car company that is the world's most valuable automaker. For weeks, liberal …

How Elon Musk’s strong stance at DOGE is impacting his Tesla and other businesses
3 weeks, 2 days ago

How Elon Musk’s strong stance at DOGE is impacting his Tesla and other businesses

Live Mint  

Elon Musk's flagship company Tesla has become the latest target of anti-DOGE protesters, who want to get back at the Department of Government Efficiency leader's efforts to cut government spendings by laying off thousands of federal workers. The protests are aimed at discouraging people from buying Tesla cars, thereby affecting Elon Musk's business. According to reports, nine people were arrested …

Nine arrested in anti-DOGE protest at NYC Tesla dealership over Musk's federal job cuts
Trending News
3 weeks, 2 days ago

Nine arrested in anti-DOGE protest at NYC Tesla dealership over Musk's federal job cuts

India Today  

Nine people were arrested during a raucous demonstration outside a New York City Tesla dealership on Saturday, protesting owner Elon Musk's role in sweeping cuts to the federal workforce at the behest of President Donald Trump. The protest, which police said involved hundreds of people, was one of a wave of "Tesla Takedown" demonstrations staged across the country targeting billionaire …

Tesla Owners Reveal Their Biggest Regrets: My Car ‘Became A Badge Of Shame’
3 weeks, 5 days ago

Tesla Owners Reveal Their Biggest Regrets: My Car ‘Became A Badge Of Shame’

Huff Post  

Mario Tama via Getty Images Some Tesla drivers are getting rid of their vehicles as a way to distance themselves from CEO Elon Musk and what they see as his government meddling. Photos show Tesla Model S and X drivers awkwardly driving past protesters carrying signs reading “Burn a Tesla: Save Democracy” and “Don’t Buy Swasticars.” Drivers of Tesla’s Cybertrucks …

New initiative could make Tesla stock 'sink faster than a Cybertruck in quicksand'
3 weeks, 5 days ago

New initiative could make Tesla stock 'sink faster than a Cybertruck in quicksand'

Raw Story  

Tesla, the electric car company owned by Elon Musk, has lost more than a quarter of its value over the first two months of 2025 as sales in Europe have absolutely crashed amid backlash to Musk's embrace of far-right politicians. AFT leader Randi Weingarten has written to the CEOs of major asset management firms and asked them to scrutinize the …

Tesla stock sinks by 26% in wake of Elon Musk’s ‘Nazi’ salute at Trump rally
3 weeks, 5 days ago

Tesla stock sinks by 26% in wake of Elon Musk’s ‘Nazi’ salute at Trump rally

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tesla’s stock has fallen more than 26 percent since Elon …

Elon Musk takes another dig at OpenAI CEO, calls him ‘Scam Altman’ over a resurfaced video about THIS claim…
1 month ago

Elon Musk takes another dig at OpenAI CEO, calls him ‘Scam Altman’ over a resurfaced video about THIS claim…

Live Mint  

Tech billionaire Elon Musk has once again taken a jibe at OpenAI CEO Sam Altman, referring to him as ‘Scam Altman’ in a fresh round of feud between the two moguls. I have no equity in OpenAI.” He further emphasised, “I’m doing this because I love it.” Musk’s sarcastic rebuke suggests he remains unconvinced by Altman’s altruistic stance. However, Altman …

‘Dark MAGA’ spreads as conservatives embrace Musk’s influence on Trump
1 month ago

‘Dark MAGA’ spreads as conservatives embrace Musk’s influence on Trump

Associated Press  

▶ Follow live updates on President Donald Trump and his new administration. — At an annual gathering of conservative activists, the signature red “ Make America Great Again ” hats popularized by President Donald Trump were interspersed with a noticeable number of the black “Dark MAGA” hats made popular by Elon Musk. As Trump spoke at CPAC on Saturday, Musk …

‘I love the president’: Trump, Musk heap on praise in gushy interview
1 month ago

‘I love the president’: Trump, Musk heap on praise in gushy interview

Al Jazeera  

US president claims DOGE will save hundreds of billions of dollars without cutting healthcare and welfare benefits. In an interview with Fox News that aired on Tuesday, Trump said he had tapped Musk to lead the so-called Department of Government Efficiency as he wanted someone “really smart” to work with. He did Starlink, he did things that were so advanced …

Has Elon Musk become too big to tame?
1 month, 1 week ago

Has Elon Musk become too big to tame?

Live Mint  

The word of the day around Washington has become “accountable." Since Trump entered office last month and Musk’s role leading DOGE took center stage, the president has been asked often about what steps are being taken to ensure there aren’t conflicts of interest for the “First Buddy," whose companies operate in heavily regulated industries and benefit from government spending and …

Are Elon Musk’s politics costing Tesla sales?
1 month, 1 week ago

Are Elon Musk’s politics costing Tesla sales?

CNN  

New York CNN — Tesla sales are in an unprecedented slide. There’s a lot of bad news for Tesla lately – but it’s unclear if the politics of its polarizing CEO, Elon Musk, are to blame. “It’s still too early to see any in the Tesla numbers,” said Stephanie Valdez Streaty, director of industry insights for Cox Automotive. There is …

Elon Musk, Sam Altman spar over $97.4 billion OpenAI bid in court filings
1 month, 1 week ago

Elon Musk, Sam Altman spar over $97.4 billion OpenAI bid in court filings

Hindustan Times  

The public showdown between Elon Musk and OpenAI Chief Executive Officer Sam Altman over Musk’s $97.4 billion bid for the artificial intelligence startup is heating up in court. In a filing Wednesday, Altman said Musk’s all-cash offer undermines the very claim at the heart of his lawsuit against OpenAI — that its assets can’t be “transferred away” for “private gain.” …

Elon Musk will withdraw OpenAI bid if it remains non-profit: Tesla CEO's lawyers
1 month, 1 week ago

Elon Musk will withdraw OpenAI bid if it remains non-profit: Tesla CEO's lawyers

India Today  

A consortium led by Elon Musk will withdraw its $97.4-billion bid for OpenAI's non-profit arm if the ChatGPT maker drops plans to become a for-profit entity, the billionaire's lawyers said in a court filing on Wednesday. "If OpenAI board is prepared to preserve the charity's mission and stipulate to take the 'for-sale' sign off its assets by halting its conversion, …

OpenAI boss Sam Altman says Elon Musk is ‘insecure’ in withering dismissal
1 month, 1 week ago

OpenAI boss Sam Altman says Elon Musk is ‘insecure’ in withering dismissal

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy OpenAI boss Sam Altman says that Elon Musk is an “unhappy” person who …

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