Elon Musk

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Report: Musk Redirected AI Chips Bound for Tesla

Move raises more concerns about conflicts of interest ahead of shareholder vote

(Newser) - Tesla investors are preparing to vote on a pay package for Elon Musk worth around $56 billion, and a report on his handling of Nvidia chips may add to concerns about his commitment to the company. According to emails seen by CNBC , the Tesla CEO told the chipmaker to redirect...

NSFW Content Is Now Officially Allowed on X
NSFW Content Is Now
Officially Allowed on X
the rundown
Jun 4, 2024 1:10 AM CDT

NSFW Content Is Now Officially Allowed on X

Under certain circumstances, at least

(Newser) - Adult content is now formally allowed on X, as long as it's been consensually produced and is clearly labeled. Since being taken over by Elon Musk, the social network formerly known as Twitter has experimented with allowing NSFW ("not safe for work") communities to post adult content,...

Trump Giving Musk an Ear—And Possibly a Job

'WSJ' reports on 'growing alliance' between the billionaires

(Newser) - If Donald Trump reclaims the White House, Elon Musk might be coming with him. The former president is considering an advisory role for the Tesla and SpaceX CEO, the Wall Street Journal reports as part of a larger exploration of their "growing alliance." Nothing is set in stone,...

Rivals: Musk's SpaceX Is an 'Anti-American' Empire

Critics gripe to 'NYT,' claiming space launch company is no 'accidental monopoly'

(Newser) - Elon Musk's SpaceX is the topic of conversation in the latest deep dive by the New York Times into his business practices, and the upshot is: His rivals aren't happy. They claim that although SpaceX is now a major player in the space launch arena, with NASA and...

Tesla Investors Urged to Reject Musk's $56B Pay Deal

Advisory firm cites his 'slate of extraordinarily time-consuming projects' unrelated to Tesla

(Newser) - Next month, Tesla shareholders will vote on a pay package for Elon Musk worth around $56 billion—and a firm advising major institutional investors has urged them to reject it. Proxy advisory firm Glass Lewis recommended against approving the deal in a report Saturday, citing Musk's other activities and...

Behind Mass Tesla Firings: Musk's Temper Tantrum

Some members of the Supercharger team have been rehired

(Newser) - It's no wonder the 500 employees of Tesla's Supercharger team were blindsided by their firing last week. According to Reuters , they had been expecting CEO Elon Musk to approve a massive charging-network expansion when he met with Rebecca Tinucci, chief of the Tesla's electric-vehicle charging division and...

Tesla&#39;s Supercharger Team Is Entirely Dissolved
Tesla Lays Off Entire
Supercharger Team
the rundown
May 1, 2024 12:30 AM CDT

Tesla Lays Off Entire Supercharger Team

CEO Elon Musk says company needs to go 'absolutely hard core' regarding job cuts

(Newser) - Tesla, which just two weeks ago laid off more than 10% of its global workforce, has now terminated even more employees—and it seems still more layoffs could be coming. In an email reportedly sent to executives Wednesday night, CEO Elon Musk said the company needs to be "absolutely...

Fired X Exec Who Went Viral for Sleeping at Office Joins Rival

Esther Crawford now a director of product at Meta's Messenger

(Newser) - Twitter product head Esther Crawford went viral in late 2022, soon after Elon Musk took over the company, when she shared a photo of herself sleeping on her office floor as a sign of dedication—only to wind up fired. She's now bounced back into the social media landscape,...

SCOTUS Has Bad News for Musk Over Tesla Tweets

High court rejects his appeal on mandate that he gets approval before posting online about his company

(Newser) - The Supreme Court on Monday rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of tweets related to Tesla. The justices didn't comment in leaving in place lower-court rulings against Musk, who complained that the requirement amounts to...

Elon Musk Visits China Amid Tesla Rough Patch

Trip comes amid Beijing's big auto show featuring EV rivals to automaker

(Newser) - Tesla founder and CEO Elon Musk arrived in the Chinese capital on Sunday, just as the nation's carmakers are showing off their latest electric vehicle models at the Beijing auto show, per the AP . A brief online report from state broadcaster CCTV said Musk had come at the invitation...

Where Musk Goes, So Goes His 3-Year-Old Boy

One writer takes a critical look at his frequent public appearances with young son X

(Newser) - If you see a photo of Elon Musk these days, chances are you'll also see his 3-year-old son X—full name X Æ A-Xii. Musk often carts around the boy to various events, often to media praise. For example, X "stole the show" at a recent New York...

Tesla's Biggest Supporters 'Are Pushing the Panic Button'

Elon Musk's Cybertruck gamble could be his company's undoing, per Mashable's Chris Taylor

(Newser) - During an October earnings call, Tesla CEO Elon Musk joked "we have dug our own grave with the Cybertruck." That's suddenly "looking like less of a joke for Tesla," with every Cybertruck in America recalled , dismal Cybertruck sales overall, and profits down 55%, according to...

Elon Musk Says Australia's Ban on Stabbing Video Is Censorship

Australia's PM says Musk is just an 'arrogant billionaire'

(Newser) - Australia on Monday banned X from allowing users to access graphic video from last week's stabbing attack at a Sydney church , at least temporarily, and Elon Musk responded by accusing the country of censorship. Australia's internet watchdog, the eSafety Commission, had already blocked Australian users from accessing video...

Amid Rocky Tesla Times, a Big Day Looms
Amid Rocky
Tesla Times,
a Big Day
Looms
the rundown
Apr 22, 2024 8:49 AM CDT

Amid Rocky Tesla Times, a Big Day Looms

Tuesday's earnings report is expected to be bad, and to hint at a new strategy

(Newser) - Tesla has followed up price cuts in the US with similar ones in China, Germany, and elsewhere around the world, reports Reuters . It's only the latest sign that Elon Musk's company is facing one of its most turbulent stretches ever. Others include big layoffs amid slumping sales worldwide,...

Tesla Ended Its Tough Week With Price Cuts

Company knocked $2K off price of 3 of its models

(Newser) - Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV that is Tesla's...

Musk's Bottom Line Takes a Hit From His Tesla Woes

Mark Zuckerberg displaces Tesla CEO from No. 3 spot on Bloomberg Billionaires Index

(Newser) - While much of social media was commenting Thursday on a fake "bearded Mark Zuckerberg" picture , the Facebook co-founder notched a more substantial achievement: displacing Elon Musk on Bloomberg's Billionaires Index . Zuckerberg, 39, is now third on that list, with a net worth of about $178 billion, while the...

Tesla Will Ask Shareholders to Give Musk His Billions After All

A $55B compensation package was invalidated by a judge in January

(Newser) - "Never incorporate your company in the state of Delaware," Elon Musk said in a January post on X after a Delaware Chancery Court judge voided a Tesla compensation package that had potentially been worth around $55 billion. Now Tesla is asking shareholders to move the company's corporate...

Tesla Laying Off 10% of Employees
Tesla Laying Off
10% of Employees
Apr 15, 2024 11:43 AM CDT

Tesla Laying Off 10% of Employees

Elon Musk delivers the news amid recent slump in sales

(Newser) - Elon Musk delivered an unwanted email to Tesla employees on Monday—the company is laying off 10% of its employees worldwide, reports electrek . That would amount to about 14,000 employees, based on Tesla's most recent annual report.
  • "There is nothing I hate more, but it must be
...

Musk: AI May Be Smarter Than Humans by 2025
Elon Musk Offers a Chilling
Prediction on AI's Smarts
in case you missed it
Apr 14, 2024 7:15 AM CDT

Elon Musk Offers a Chilling Prediction on AI's Smarts

He thinks artificial intelligence will be smarter than humans as early as next year

(Newser) - Elon Musk has long expressed his fears over artificial intelligence, and his latest assessment isn't likely to tamp down those of a like mind. In a Monday interview livestreamed on his X social media platform, the Tesla CEO and co-founder of ChatGPT developer OpenAI predicted that as early as...

Cybertruck Owners Aren&#39;t Thrilled: &#39;What a Nightmare&#39;
Cybertruck Owners Aren't
Thrilled: 'What a Nightmare'
IN CASE YOU MISSED IT
Apr 13, 2024 4:35 PM CDT

Cybertruck Owners Aren't Thrilled: 'What a Nightmare'

Robotic-looking Tesla EV is getting slammed in owners forums online

(Newser) - Elon Musk calls his company's Cybertruck "the most unique thing on the road," but owners of the electric Tesla vehicle have other, more unflattering descriptions for their new ride. As Futurism puts it, the Cybertruck "seems to be breaking down at an incredible rate," as...

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