Tesla plans to scrap its premium S and X models and convert its California factory into an Optimus manufacturing hub, as Elon Musk refocuses on robotics and AI
Elon Musk's electric-car maker invests $2bn in the billionaire's xAI — Tesla plans to scrap two models and invest $2bn in Elon Musk's xAI …
Tesla agrees to invest $2B in xAI for preferred shares as part of xAI's Series E, despite a shareholder vote in November 2025 that failed to win approval
Tesla Inc. reported fourth-quarter profit that surpassed expectations, showing the automaker is making progress toward overcoming rising costs …
Source: Elon Musk donates $10M to boost pro-Trump Senate candidate Nate Morris, who is seeking to replace Mitch McConnell, in Musk's largest-yet Senate donation
Sources: OpenAI staff discussed prioritizing sponsored content in ChatGPT when users ask relevant queries and created mockups with ads in sidebars or as pop-ups
OpenAI executives have kept a tight lid on how the company could show advertisements to users of its popular ChatGPT chatbot …
Court filings: Tesla has settled two lawsuits over deaths in two separate California crashes in 2019 involving Autopilot; the accords' terms were not disclosed
Elon Musk says xAI acquired X in an all-stock deal valuing xAI at $80B and X at $33B; xAI was reportedly in talks to raise funds in February at a $75B valuation
Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values …
Tesla's shares are up 73% since Election Day, as several analysts see the Trump administration easing rules for self-driving tech, benefiting Tesla's ambitions
- Stock was down 2% before election, gains 73% since Trump's win — ‘Hard to imagine an upside’ from here: Wisdomtree's Gannatti
Sources: Elon Musk's US government advisory role will be structured to ensure he keeps control of Tesla, X, xAI, and others by installing acolytes and allies
Billionaire likely to push for government roles for acolytes and allies to cut regulation and protect his businesses
Q&A with Oracle CEO Safra Catz on generative AI's risks and impact, providing cloud infrastructure to TikTok, the importance of workplace diversity, and more
In interview, top executive highlights AI's potential and importance of diversity — Oracle CEO Safra Catz (Photo obtained by Nikkei) X: @jeff4malaysia , @nikkeiasia , and @stanph...
Tesla cuts Full Self-Driving's US price from $12K to $8K, after a price cut from $15K to $12K in September 2023, and drops the $6K Enhanced Autopilot option
https://www.bloomberg.com/... #tesla #tech #elonmusk #cars #transport #evs X: @wholemarsblog : Buying in full is now a good deal again @strivenb : @WholeMarsBlog But Elon kept say...
Sources: Apple is winding down Project Titan, its decade-long effort to make an electric car; Apple plans to move some impacted staff to generative AI projects
- Executives tell staff to end work on endeavor known as Titan — Employees on some car teams will move to Apple's AI division
Experts and lawmakers say Tesla's largest recall yet is unlikely to solve Autopilot's fundamental flaw: Tesla failing to limit where drivers can use the feature
Tesla's software update adds warnings to improve driver attention while using Autopilot — but doesn't limit where drivers can engage the technology
Experts and lawmakers say Tesla's recall is unlikely to solve the fundamental flaw of Tesla failing to limit where drivers can use Autopilot in the first place
Tesla's software update adds warnings to improve driver attention while using Autopilot — but doesn't limit where drivers can engage the technology
Apple becomes the first publicly traded company to close with a $3T market cap; the company first hit a $3T market cap during intraday trading in January 2022
- Apple's market cap topped $3 trillion on Friday, passing the $190.73 share price required to hit the milestone, according to CNBC's most recent share count.
Nasdaq gained 32% in H1 2023, its best first half since 1983's 37% rise; Nvidia is up 195%+, Meta is up 130%+, Apple and Amazon are up 50%+, Alphabet is up 34%+
Ari Levy / CNBC :
ZipRecruiter: 37% of laid off or fired tech workers were able to find a job within a month of starting their search and ~79% were able to within three months
Wall Street Journal :
Sources: FTX's derivatives exchange LedgerX is for sale, attracting interest from Blockchain.com, Gemini, and others; Nov. 17 filing: LedgerX had ~$303M in cash
LedgerX, one of the few solvent pieces of Sam Bankman-Fried's crumbled FTX empire, is for sale and attracting interest …
Sources: Alameda sheltered FTX from an up to $1B loss in April 2021 after an FTX trader's MobileCoin trade went bad, wiping out Alameda's 2021 profits
Financial Times :
Doc: a shareholders' agreement from Elon Musk for Twitter investors gives him “sole discretion” on an IPO decision, “exclusive authority” on board changes, more
The Information :
Sources: Twitter agreed to delay a deposition of Elon Musk by its lead litigation attorney on October 6 in Austin, as both sides hash out the $44B deal
Tesla chief and social media group are negotiating end to legal fight to finalise $44bn buyout — Twitter has agreed to delay …