elon musk

  1. Hanno Labuschagne

    Top 10 richest tech billionaires roundup for December 2024

    Top 10 richest tech billionaires roundup for December 2024 South African-born Elon Musk has increased the gap between himself and the rest of the world's richest people in 2024. The past year has been great for most of the world's biggest tech companies, thanks largely to continued investor...
  2. Hanno Labuschagne

    UK doubles down on social media laws

    UK doubles down on social media laws The UK plans to extend its rules against illegal material online to cover how social media companies respond to crises like the recent riots in the country, according to a statement from British regulator Ofcom on Monday. The agency released its first...
  3. Hanno Labuschagne

    EU wants to build its own Starlink

    EU wants to build its own Starlink The European Union is committing to build a €10.6 billion (R199.23-billion) constellation of satellites that will provide the bloc with encrypted global internet connectivity in a bid to provide a homegrown alternative to Elon Musk’s Starlink. The EU on...
  4. Fulcrum29

    Make games great again!

  5. Hanno Labuschagne

    Tesla back in trillion-dollar club after Trump win

    Tesla back in trillion-dollar club after Trump win A breakneck rally in Tesla Inc. shares on Friday catapulted the electric vehicle maker’s market value back over the coveted trillion-dollar mark, as investors bet that Donald Trump’s return to the White House can be a positive force for Elon...
  6. Hanno Labuschagne

    Tesla share surge wipes out short-seller 2024 profits

    Tesla share surge wipes out short-seller 2024 profits Tesla Inc.’s blowout earnings caught everyone off guard. But it was the bears who paid the price this week. The electric-vehicle maker’s results delivered a gut-punch to short-sellers — investors who make money by betting that a security...
  7. Hanno Labuschagne

    Elon Musk says Starlink regulatory approval in South Africa underway

    Elon Musk says Starlink regulatory approval in South Africa underway Elon Musk says that his private rocket company SpaceX’s satellite Internet service Starlink is awaiting regulatory approval in South Africa. Musk made the statement in response to a post on Twitter/X by a South African user...
  8. Hanno Labuschagne

    X lets users prevent Grok from training on their posts

    X lets users prevent Grok from training on their posts Elon Musk’s X has given users a way to prevent their posts and interactions from helping train his artificial intelligence chatbot Grok. Settings for X users default to allow their data to be provided to the chatbot. [Bloomberg]
  9. Hanno Labuschagne

    Tesla Model 3 deposit refunds in South Africa

    Hey everyone I'm looking for people who put down the $1,000 deposit on a Tesla Model 3 back when the company was still planning to launch in SA. I believe it opened deposits in 2016. Recently spoke to someone who got tired of waiting for a local launch and ended up buying an EX30. He is...
  10. Hanno Labuschagne

    X in danger of EU fine

    X in danger of EU fine Elon Musk’s social media platform X is set to be served with a formal warning for failing to combat dangerous content, in the third show of force by European Union regulators against Big Tech in recent weeks. The escalation — which could eventually pave the way for fines...
  11. 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...
  12. 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...
  13. 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...
  14. 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...
  15. 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...
  16. 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...
  17. 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...
  18. 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...
  19. 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...
  20. 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...
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