elon musk

  1. Hanno Labuschagne

    All the legal fights Elon Musk and his companies are up against

    All the legal fights Elon Musk and his companies are up against Elon Musk and his companies are embroiled in dozens of lawsuits, ranging from fatal crashes blamed on Tesla Inc.’s Autopilot system to civil rights complaints over the treatment of employees. Tesla’s board and Musk were hit...
  2. Tim_vb

    Elon Musk confirms his threat: give me 25% of Tesla or you don’t get AI and robotics

    ...the CEO suggested that he is “uncomfortable” building AI products at Tesla unless he has “25% control over the company” – something he doesn’t have right now – partly because he decided to sell tens of billions of dollars worth of Tesla shares to buy Twitter. Musk currently owns about 13% of...
  3. Hanno Labuschagne

    Zimbabwean minister's son arrested for using Starlink

    Zimbabwean minister's son arrested for using Starlink A Zimbabwe politician’s son was arrested on charges of illegally possessing a Starlink terminal, a sign of the risks in countries where the SpaceX technology isn’t licensed. Neville Mutsvangwa, the son of of women’s affairs and community...
  4. Hanno Labuschagne

    Tesla firing nearly entire Supercharger team

    Tesla firing nearly entire Supercharger team Elon Musk has upended a deal the White House saluted early last year to open Tesla Inc.’s electric vehicle (EV) chargers to other automakers, dealing a blow to President Joe Biden’s EV agenda. Musk decided in the last week to eliminate almost the...
  5. Hanno Labuschagne

    xAI close to $6-billion funding deal

    xAI close to $6-billion funding deal Elon Musk’s artificial intelligence startup X.AI Corp. is nearing a deal to raise $6 billion (R114.1 billion) in a funding round that would value the company at $18 billion, according to a person familiar with the matter. Sequoia Capital will participate in...
  6. Hanno Labuschagne

    Tesla moves production of cheaper cars forward

    Tesla moves production of cheaper cars forward Tesla Inc. is accelerating the launch of less-expensive cars in a bid to revive sagging demand following another disappointing quarter. The electric vehicle (EV) maker aims to start production of new models as soon as this year, well ahead of the...
  7. Hanno Labuschagne

    Australian PM lambasts Musk for refusing to censor knife attack video

    Australian PM lambasts Musk for refusing to censor knife attack video Elon Musk’s social network X has been hit with an interim injunction by an Australian court to remove footage of a stabbing attack, prompting a furious response from the owner who accused the government of censorship. In a...
  8. Hanno Labuschagne

    Tesla slashes prices again

    Tesla slashes prices again Tesla Inc. spent the weekend cutting prices of its models across China, Europe and the US amid slumping sales and a glut of inventory. Late Saturday, the company led by Elon Musk also slashed the price of the driver-assistance software that it calls Full...
  9. Hanno Labuschagne

    Musk's R1.06-trillion Tesla payday up for another shareholder vote

    Musk's R1.06-trillion Tesla payday up for another shareholder vote Tesla Inc. will ask shareholders to vote again on the same $56-billion (R1.06-trillion) compensation package for chief executive officer Elon Musk that was voided by a Delaware court early this year. In its proxy filing issued...
  10. Hanno Labuschagne

    X admits defeat — will comply with Brazil Supreme Court orders

    X admits defeat — will comply with Brazil Supreme Court orders Elon Musk’s X social media platform will comply with all orders from Brazil’s Supreme Court, lawyers representing the company told the body a week after the billionaire said he would defy its judges and lift restrictions imposed on...
  11. Hanno Labuschagne

    xAI valued at R337 billion in possible investment offer

    xAI valued at R337 billion in possible investment offer Elon Musk’s fledgling AI startup X.AI Corp. is looking to raise $3 billion to $4 billion (R56.22 billion to R74.95 billion) in a deal that would value the company at $18 billion (R337.32 billion), according to materials sent to investors...
  12. Hanno Labuschagne

    Brazil chief justice opens criminal probe into Elon Musk

    Brazil chief justice opens criminal probe into Elon Musk Brazil Supreme Court Justice Alexandre de Moraes opened an inquiry into whether Elon Musk obstructed justice, escalating a spat with the billionaire over his social media platform X. Moraes said in a document released by the court the...
  13. Hanno Labuschagne

    X gets third new safety head under Musk

    X gets third new safety head under Musk X, the social platform formerly known as Twitter, appointed a new head of safety to oversee content policies and rules amid changes to the platform that have raised concerns among advertisers. The company promoted an internal employee, Kylie McRoberts...
  14. Hanno Labuschagne

    Tesla could see first quarterly sales drop since 2020

    Tesla could see first quarterly sales drop since 2020 Tesla Inc. may be headed for a gloomy milestone as waning demand for electric vehicles and elevated interest rates take a toll on sales. Analysts rapidly lowered their projections for this week’s deliveries report as the quarter came to a...
  15. Hanno Labuschagne

    X testing groups for adult-only content

    X testing groups for adult-only content X, the social network formerly known as Twitter, is testing a feature that lets users create or join communities focused on “adult content” or other “not safe for work” material. Users who create a community within the app can specify in the settings...
  16. Hanno Labuschagne

    Elon Musk's Starlink thriving in global black market

    Elon Musk's Starlink thriving in global black market SpaceX’s Starlink touts its high-speed internet as “available almost anywhere on Earth.” In the real world, its reach extends to countries where Elon Musk’s satellite-enabled service has no agreement to operate, including territories ruled...
  17. Hanno Labuschagne

    Neuralink implant lets quadriplegic man play chess and Civilization VI using his mind

    Neuralink implant lets quadriplegic man play chess and Civilization VI using his mind Elon Musk’s Neuralink Corp. livestreamed an update with its first brain implant patient Wednesday, showing a quadriplegic man who was able to play video games and online chess using his mind. Neuralink is a...
  18. Hanno Labuschagne

    SpaceX won't list Starlink in 2024

    SpaceX won't list Starlink in 2024 SpaceX will not pursue an initial public offering of its Starlink unit this year, according to Bret Johnsen, the company’s chief financial officer. “It’d be more in the years to come,” Johnsen said Tuesday at an industry conference. The unit became profitable...
  19. Hanno Labuschagne

    X drops Don Lemon show partnership

    X drops Don Lemon show partnership Elon Musk’s X abruptly cancelled a planned partnership with CNN veteran Don Lemon after the broadcaster interviewed him on Friday for the premiere episode of a new show. Lemon said he was informed of the decision hours after he conducted the interview, which...
  20. Hanno Labuschagne

    Starship launch 3 planned for Thursday

    Starship launch 3 planned for Thursday Elon Musk’s SpaceX received the go-ahead to launch its giant Starship rocket a third time, four months after its last test ended in an explosion prematurely. The Federal Aviation Administration reinstated SpaceX’s launch license, the agency said in a...
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