Tag Archives: Elon

After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package

  April 17, 2024 After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package The struggling EV carmaker is urging shareholders to vote again for the payout, which would be the largest ever awarded in corporate history, after a Delaware court nullified it in January. BY Clint Rainey With Tesla stocks trading … Continue reading After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package

Tesla layoffs: Elon Musk’s EV maker will reportedly cut more than 10% of its workforce

  April 15, 2024 Tesla layoffs: Elon Musk’s EV maker will reportedly cut more than 10% of its workforce The reported job cuts come at a precarious time for the company, whose shares are down more than 31% this year. BY Michael Grothaus Elon Musk has reportedly announced a round of mass layoffs at Tesla, according … Continue reading Tesla layoffs: Elon Musk’s EV maker will reportedly cut more than 10% of its workforce

What you can learn about Elon Musk from the movie he helped produce almost 20 years ago

March 24, 2024 What you can learn about Elon Musk from the movie he helped produce almost 20 years ago The worldview of 2005’s ‘Thank You for Smoking’ offers a surprising glimpse of the Tesla CEO’s personal views today. BY Joe Berkowitz “Few people on this planet know what it is to be truly despised,” says … Continue reading What you can learn about Elon Musk from the movie he helped produce almost 20 years ago

Twitter’s former CEO and other execs are suing Elon Musk and X for $128 million in unpaid severance

Twitter’s former CEO and other execs are suing Elon Musk and X for $128 million in unpaid severance The group says Musk “made up a fake cause” for their firing to avoid paying them. Karissa Bell   Tue, Mar 5, 2024 Anadolu via Getty Images A group of former Twitter executives, including former CEO Parag … Continue reading Twitter’s former CEO and other execs are suing Elon Musk and X for $128 million in unpaid severance

Elon Musk will have to testify in SEC’s Twitter probe after all

Elon Musk will have to testify in the SEC’s Twitter probe after all It’s just “one more day of depositions to survive and it’s over,” the judge said. Richard Lai   Updated Fri, Dec 15, 2023 Elon Musk Despite Elon Musk’s earlier attempts to avoid further testifying for the Twitter-takeover investigation, his luck appears to … Continue reading Elon Musk will have to testify in SEC’s Twitter probe after all

Today’s top business headlines: Elon Musk’s AI venture, Shein IPO, and Meta’s Purple Llama announcement

By Rebecca Barker December 08, 2023 Meta: Facebook and Instagram’s parent company announced Purple Llama, a project that prioritizes safety tools and best practices amidst the AI renaissance and the risks coupled with it. Read: Announcing Purple Llama: Towards open trust and safety in the new world of generative AI Grok: The ever-controversial billionaire Elon … Continue reading Today’s top business headlines: Elon Musk’s AI venture, Shein IPO, and Meta’s Purple Llama announcement

Elon Musk’s xAI wants to raise $1 billion. But can his AI company stand out?

  By Chris Stokel-Walker December 06, 2023 Investor interest in generative AI startups remains high, with more than $21 billion plowed into companies in the first nine months of this year, according to Pitchbook. And xAI, the AI company founded by Elon Musk, wants to add significantly to that total. xAI aims to raise up … Continue reading Elon Musk’s xAI wants to raise $1 billion. But can his AI company stand out?

Elon Musk responds to companies that pulled ads from X: ‘Go fuck yourself’

Elon Musk responds to companies that pulled ads from X: ‘Go fuck yourself’ X CEO and former advertising executive Linda Yaccarino reportedly sat “stone-faced” during the tirade. Karissa Bell   Thu, Nov 30, 2023 Slaven Vlasic via Getty Images Elon Musk, facing the fact that an already financially-precarious X could be poised to lose another … Continue reading Elon Musk responds to companies that pulled ads from X: ‘Go fuck yourself’