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Elon Musk

Elon Musk's xAI raises $6 billion to expand AI capabilities

Elon Musk's xAI raises $6 billion to expand AI capabilities

Fri, Dec 06, 2024

Elon Musk's AI company called xAI has raised $6 billion, as it plans to expand its supercomputer to house at least one million graphics processing units (GPUs). According to a filing with the US Securities and Exchange Commission (SEC), investors gave a minimum of $77,593 per the filing.

Musk says X now top news app on App Store in India

Musk says X now top news app on App Store in India

Fri, Nov 22, 2024

Musk had bought X (formerly Twitter) in October 2022, for USD 44 billion.

This is how Elon Musk reacted to Jaguar's video clip, and then...

This is how Elon Musk reacted to Jaguar's video clip, and then...

Wed, Nov 20, 2024

Jaguar Video Clip: The British luxury car manufacturer Jaguar has revealed a new logo, replacing its iconic old design. A 30-second promotional video featuring marketing slogans like "Delete Ordinary," "Live Vivid," and "Copy Nothing" has drawn criticism. Elon Musk, the world’s richest man, also commented on Jaguar’s post. Read here -

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Tesla job cuts: Elon Musk company to sack 3000 staffers; CEO to blame?

Tesla job cuts: Elon Musk company to sack 3000 staffers; CEO to blame?

Wed, Jun 13, 2018

The biggest job cut in Tesla’s 15-year history underscores the pressure Musk is under to stop burning through money -- and start making some. So far, the company has cumulatively lost about $5.4 billion, and even most optimists don’t believe the red ink will end there. The carmaker may lose another $1.3 billion over the next four quarters, according to analyst estimates compiled by Bloomberg.

Tesla job losses: Elon Musk says set to sack 9% of staff

Tesla job losses: Elon Musk says set to sack 9% of staff

Wed, Jun 13, 2018

Tesla, the company that is known for its innovation in automotive and spacecraft technologies, has bad news for its staff. The Elon Musk led company in a bid to restructure its workforce, will reportedly lay off around 9 percent of its workforce.

Tesla job losses: Elon Musk says set to sack 9% of staff

Tesla job losses: Elon Musk says set to sack 9% of staff

Wed, Jun 13, 2018

Tesla CEO Elon Musk has shot off a letter saying firm will be sacking 9% staff

New Tesla Roadster to fly? Elon Musk says SpaceX rockets coming to this 'out of the world' car

New Tesla Roadster to fly? Elon Musk says SpaceX rockets coming to this 'out of the world' car

Tue, Jun 12, 2018

Elon Musk, Tesla CEO, may well be coming up with another innovative creation. This time he is not using rocket technology in spacecraft, he has something else in mind

Tesla share price rises as Elon Musk says Model 3 set to hit target

Tesla share price rises as Elon Musk says Model 3 set to hit target

Thu, Jun 07, 2018

Tesla`s future profitability hinges on ramping up its affordable sedan but the company has so far failed to meet its weekly target of 5,000 cars due to production bottlenecks.

Tesla to 'challenge' rules that do not allow it to enter India? See what Elon Musk said

Tesla to 'challenge' rules that do not allow it to enter India? See what Elon Musk said

Thu, May 31, 2018

Elon Musk in a tweet last year had also hinted that Tesla may have to put its India plans on hold owing to local sourcing norms and supply issues.

Tough government rules keep Tesla away from Indian roads: Elon Musk

Tough government rules keep Tesla away from Indian roads: Elon Musk

Wed, May 30, 2018

Tesla CEO Elon Musk said on Wednesday that he would love to roll out Tesla electric cars in India but the tough government regulations have forced him to apply the brakes on his plans till date

Tesla hits parked California police vehicle; driver blames ''Autopilot''

Tesla hits parked California police vehicle; driver blames ''Autopilot''

Wed, May 30, 2018

The driver of a Tesla Inc Model S crashed into an unoccupied, parked police vehicle in Laguna Beach, California, on Tuesday and the driver told investigators the Tesla was in "Autopilot" mode at the time, police said.

Consumer groups ask US agency to probe Elon Musk led Tesla 'Autopilot' ads

Consumer groups ask US agency to probe Elon Musk led Tesla 'Autopilot' ads

Thu, May 24, 2018

The Center for Auto Safety and Consumer Watchdog, both non-profit groups, sent a letter to the FTC saying that consumers could be misled into thinking, based on Tesla`s marketing and advertising, that Autopilot makes a Tesla vehicle self-driving.

Elon Musk brings technology charm offensive to Los Angeles tunnel plan

Elon Musk brings technology charm offensive to Los Angeles tunnel plan

Fri, May 18, 2018

Billionaire entrepreneur Elon Musk is bringing his technology charm offensive to an attempt at digging a tunnel beneath part of Los Angeles to test designs for a high-speed subterranean transportation network he envisions for the city.

Elon Musk calls Wall Street snub ''foolish'' but defends his behaviour

Elon Musk calls Wall Street snub ''foolish'' but defends his behaviour

Sat, May 05, 2018

Elon Musk refused to answer questions from analysts on the electric vehicle maker`s capital requirements, saying "boring, bonehead questions are not cool," before turning questions over to a little known investor who runs HyperChange, a YouTube investment channel. The outspoken performance shocked many analysts, sparked a fall in Tesla`s share price and led some to question whether Musk`s behaviour could risk the company`s ability to raise capital

Meet Elon Musk! The man who sets ambitious goals, then backtracks

Meet Elon Musk! The man who sets ambitious goals, then backtracks

Fri, May 04, 2018

Elon Musk, Chief Executive Officer, Tesla said he does not want to undertake another round of raising equity capital this year. After consecutive quarters of steep losses, Musk reiterated his commitment to swing back Tesla to profit by the third quarter.

Tesla shares, bonds drop as CEO Elon Musk bites hand of Wall Street

Tesla shares, bonds drop as CEO Elon Musk bites hand of Wall Street

Fri, May 04, 2018

In a conference call on Wednesday, Musk refused to answer questions from analysts on Tesla`s capital requirements, saying "boring questions are not cool." Instead, he took over a dozen consecutive questions from YouTube investment channel HyperChange TV, which had previously recommended buying Tesla shares.

Travel at 1000 kmph? Hyperloop to make it possible; first test track soon

Travel at 1000 kmph? Hyperloop to make it possible; first test track soon

Wed, Apr 18, 2018

Travelling at a speed of up to 1,000 km/hr, Hyperloop promises propel passengers in the tubes in small pods through the vacuum. This technology that uses super power magnets will cut the travel time between cities by several hours.

Tesla goes bankrupt, CEO Elon Musk tweets on April Fool''s Day

Tesla goes bankrupt, CEO Elon Musk tweets on April Fool''s Day

Mon, Apr 02, 2018

Last week, Tesla recalled about 123,000 Model S sedans, asking customers with cars built before April 2016 to have their power steering bolts replaced.

US safety agency criticises Elon Musk led Tesla car crash data release

US safety agency criticises Elon Musk led Tesla car crash data release

Mon, Apr 02, 2018

Last week, Tesla Inc said that a search of its service records did not "find anything suggesting that the customer ever complained to Tesla about the performance of Autopilot. There was a concern raised once about navigation not working correctly, but Autopilot`s performance is unrelated to navigation."

Elon Musk says "nothing political, I just don't like Facebook" after taking down SpaceX, Tesla and his own official pages

Elon Musk says "nothing political, I just don't like Facebook" after taking down SpaceX, Tesla and his own official pages

Sun, Mar 25, 2018

When it comes to Facebook-owned Instagram, Musk is a bit considerate. "Instagram`s probably ok imo, so long as it stays fairly independent. I don`t use FB and never have, so don`t think I`m some kind of martyr or my companies are taking a huge blow. Also, we don`t advertise or pay for endorsements, so a don`t care," he tweeted.

Elon Musk on Facebook: What SpaceX, Tesla chief said and did

Elon Musk on Facebook: What SpaceX, Tesla chief said and did

Sat, Mar 24, 2018

From common man subscriber to billionaires, a whopping number of people are voting to exit from the social network. Yes, the Cambridge Analytica scandal continues to take its toll on Facebook and catching the eye has been billionaire Elon Musk whose verified SpaceX and Tesla pages on Facebook disappeared

Elon Musk floats new idea to preserve human seed in space

Elon Musk floats new idea to preserve human seed in space

Mon, Mar 12, 2018

Elon Musk, the founder of rocket and spacecraft company SpaceX, said the company's interplanetary ship could begin test flights as soon as next year

Tesla chief Elon Musk says China trade rules uneven, asks President Trump for help

Tesla chief Elon Musk says China trade rules uneven, asks President Trump for help

Fri, Mar 09, 2018

Tesla Inc Chief Executive Elon Musk took to Twitter on Thursday to call on U.S.

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