Articles for Companies Musk

The slash-and-burn tactics Musk brings to Washington often backfired at Twitter
1 month, 2 weeks ago

The slash-and-burn tactics Musk brings to Washington often backfired at Twitter

Associated Press  

When Elon Musk bought Twitter in 2022, he laid off thousands of employees, stopped paying rent and auctioned off coffee makers and office chairs in hopes of a big turnaround. “It isn’t working,” said Ross Gerber, a minority stock holder at X who has written down his stake to zero and expects Musk to fail in Washington, too. “For a …

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Amazon and Elon Musk’s SpaceX challenge labor agency’s constitutionality in federal court
4 months, 1 week ago

Amazon and Elon Musk’s SpaceX challenge labor agency’s constitutionality in federal court

Associated Press  

Attorneys for Amazon and Elon Musk’s SpaceX argued in a federal appeals court Monday that the National Labor Relations Board’s structure is unconstitutional, advancing a legal fight that may last into the Trump administration where Musk is expected to oversee bureaucratic cost-cutting. Circuit Court of Appeals in New Orleans heard separate oral arguments in the SpaceX and Amazon lawsuits, which …

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Elon Musk backs California Bill to regulate AI: A step towards safer technology
7 months ago

Elon Musk backs California Bill to regulate AI: A step towards safer technology

India TV News  

Elon Musk, CEO of Tesla and SpaceX came out to support a new California bill which aims at creating guardrails around artificial intelligence in the region. The news surfaced on Tuesday The California “SB 1047 AI safety bill” aims to prevent large AI models from being used to cause “critical harm” against humanity. In a post on X social media …

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Elon Musk’s messy divorce with California leaves ugly grievances all around
8 months ago

Elon Musk’s messy divorce with California leaves ugly grievances all around

LA Times  

Elon Musk speaks at Tesla‘s Giga Texas “Cyber Rodeo” grand opening party in Austin, Texas, in 2022. Musk said that in approving the law and others before it, California was “attacking both families and companies,” spurring him to move the headquarters of SpaceX to the company’s launch test site in Texas. After the announcement, the governor shared a screenshot of …

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Elon Musk says he will move companies out of California over trans law
8 months, 1 week ago

Elon Musk says he will move companies out of California over trans law

Al Jazeera  

Billionaire says he will relocate headquarters of SpaceX and X to Texas over parental notification law. Elon Musk has said he will move SpaceX and X out of California over a law that bans schools from forcing teachers to notify parents when their child changes their gender identity. Musk said on Tuesday that he would relocate the companies’ headquarters to …

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Elon Musk's business associates forced to use drugs to avoid upsetting him: Report
1 year, 1 month ago

Elon Musk's business associates forced to use drugs to avoid upsetting him: Report

Hindustan Times  

A report from The Wall Street Journal has said that Elon Musk’s friends and business associates are being forced to use drugs with him due to peer pressure. “At the upscale Austin Proper Hotel, Musk has attended social gatherings in recent years with Tesla board member Joe Gebbia, the Airbnb co-founder and a friend of his, where Musk took ketamine …

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Elon Musk ‘uses drugs at parties’, his behaviour worries board members: Report
1 year, 2 months ago

Elon Musk ‘uses drugs at parties’, his behaviour worries board members: Report

Hindustan Times  

Elon Musk’s drug use is worrying executives and board members at businesses he runs, the Wall Street Journal reported. The report cited unidentified people familiar with the billionaire and the companies as saying that Elon Musk's drug use is ongoing and he is consuming ketamine. What are the claims made about Elon Musk's drug use Elon Musk has used LSD, …

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What You Get When You Go Into Business With Elon Musk
55 years, 2 months ago

What You Get When You Go Into Business With Elon Musk

Slate  

Around the time he was buying Twitter last year, Elon Musk borrowed a billion dollars from a different company he owns: SpaceX, which makes rockets. So he might get a lot of things he wants, even if those things don’t seem like they’ll provide much of a benefit to any shareholder of Company B except for, you know, Musk himself. …

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Elon Musk finds list of Indian-origin CEOs of global companies ‘impressive’
1 year, 7 months ago

Elon Musk finds list of Indian-origin CEOs of global companies ‘impressive’

Hindustan Times  

The ‘World of Statistics’ account on X shared a list of Indian-origin CEOs of top global companies. Elon Musk replied to the tweet listing Indian-origin CEOs of top global companies. Elon Musk reacted to this particular list, but before we share how he reacted, take a look at the entire list of Indian-origin CEOs of global companies here: Incredible, isn’t …

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Elon Musk's children will not get shares in Twitter or Tesla if they are not fit to manage companies
1 year, 10 months ago

Elon Musk's children will not get shares in Twitter or Tesla if they are not fit to manage companies

India Today  

Twitter CEO Elon Musk does not support the idea of passing down wealth to children who are not deserving of it. According to Musk, executives should not transfer their shares to their children if they lack the interest or inclination to manage the companies. Instead, he believes it is better to hand over the reins to deserving individuals within the …

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Elon Musk's 'vote Republican' tweets call Twitter neutrality into question – Firstpost
2 years, 4 months ago

Elon Musk's 'vote Republican' tweets call Twitter neutrality into question – Firstpost

Firstpost  

Elon Musk has expressed political views in the past, on and off Twitter. But a direct endorsement of one party over another now that he owns Twitter, raises questions about the platform’s ability to remain neutral Elon Musk used his Twitter megaphone to appeal to “independent-minded voters” on Monday, urging them to vote Republican in Tuesday’s US midterm elections and …

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Elon Musk deletes Facebook of SpaceX, Tesla
7 years ago

Elon Musk deletes Facebook of SpaceX, Tesla

Al Jazeera  

The verified Facebook pages for SpaceX and Tesla have been eliminated after Elon Musk, the chief executive of both companies, was dared by a Twitter user to delete them. “Delete SpaceX page on Facebook if you’re the man?” a user tweeted to Tesla Chief Executive Musk. — Elon Musk March 23, 2018 ‘D on’t care’ “I don’t use & never …

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Elon Musk has good reason to be angry about China's astronomical import tariffs
7 years ago

Elon Musk has good reason to be angry about China's astronomical import tariffs

ABC  

When Elon Musk speaks, the world listens. As Mr Musk pointed out, the only way for international car companies to avoid the 25 per cent duty in China is to set up a joint manufacturing venture with a Chinese company, which will take at least 50 per cent ownership. The concessions in the car industry are a prime example because, …

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