Tag: elon musk

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Elon Musk Defines Ultra-Hard Work While Building a Company – Entrepreneur

Elon Musk founded Tesla, SpaceX, xAI, Neuralink and other companies and consistently ranks among the top three richest people in the world. But his recent conversation with another powerful CEO shows the price Musk had to pay to achieve wealth — and the management and mindset strategies he employs now to build successful companies.
Musk explained how he defined ultra-hard work to Nicolai Tangen, CEO of $1.6 trillion Norges Bank, the world’s largest wealth fund, on an April episode of Tangen’s […]
Elon Musk Defines Ultra-Hard Work While Building a Company – Entrepreneur

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Facebook Cofounder Says Tesla Has Committed "Consumer Fraud on a Massive Scale …

Amidst a chaotic month for Tesla — even by its continuously plunging standards — Facebook cofounder and multi-billionaire Dustin Moskovitz has made some pretty dire predictions for the automaker, accusing it of committing “consumer fraud on a massive scale.”
“This is Enron now, folks,” Moskovitz wrote on Threads, referring to the corporation that went bankrupt in 2001 after it was exposed for one of the biggest accounting frauds in history. “It may keep going, but people are going to jail […]
Facebook Cofounder Says Tesla Has Committed "Consumer Fraud on a Massive Scale …

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Tesla's Elon Musk speeds past Mark Zuckerberg on the billionaires list after Meta stock …

Tesla’s stock rebound has helped Elon Musk get an edge over megabillionaire rival Mark Zuckerberg to secure his place as the world’s third-richest billionaire.
Thanks to on-paper gains from his EV maker, Musk's net worth rose to $185 billion, a nearly 9% jump from earlier this week that put him ahead of Zuckerberg’s $157 billion, according to the Bloomberg Billionaires Index. At the same time, disappointing Meta earnings took a $14 billion toll on CEO Zuckerberg’s net […]
Tesla's Elon Musk speeds past Mark Zuckerberg on the billionaires list after Meta stock …

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3 Surprising Moves Elon Musk Made in His Career That Worked – Yahoo Finance

Elon Musk is the third richest man on the planet, with a net worth standing at a whopping $179 billion, according to Bloomberg Billionaires Index (though that net worth dropped by $50.4 billion year-to-date).
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Musk is –deep breath — the founder, chairman, CEO and chief technology officer of SpaceX, CEO of Tesla, Inc., owner, chairman and CTO of X Corp., founder of the Boring Company […]
3 Surprising Moves Elon Musk Made in His Career That Worked – Yahoo Finance

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Elon Musk plots UK mobile phone network – The Telegraph

SpaceX seeks permission to upgrade ground network to improve rural mobile black spots

Elon Musk’s SpaceX is laying the groundwork to connect his Starlink satellite service to the UK’s mobile phone network as rural households struggle with poor signal coverage. 
In a filing with telecoms regulator Ofcom, the billionaire’s space business asked for permission to expand its network of ground terminals, which would pave the way for it launching a mobile service.
The upgrades to its […]
Elon Musk plots UK mobile phone network – The Telegraph

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Australian church stabbing video 'part of public discussion', insists Elon Musk

Billionaire prepares to launch legal challenge over decision to ban the clip on X

Elon Musk’s X has argued that a video of a bishop being stabbed in Australia is “part of the public discussion”, as it prepares to fight a legal challenge over a decision to ban the clip.
Australia’s online safety tsar ordered the social media app to remove a video of an alleged terror attack on Bishop Mar Mari Emmanuel at a church in Sydney earlier this month. 
Mr Musk lashed out at the decision […]
Australian church stabbing video 'part of public discussion', insists Elon Musk

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Tesla among electric carmakers forced to cut prices as market stalls – The Guardian

EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary
Elon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, Tesla, has struggled to maintain its momentum: sales have dropped this year, and so has its share price.
Those struggles have become emblematic of a broader reckoning facing the electric vehicle (EV) industry. After the soaring demand and valuations […]
Tesla among electric carmakers forced to cut prices as market stalls – The Guardian

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Musk Says Tesla's Optimus Robot Could Launch Next Year—Here's What Experts Think

Tesla could start selling its humanoid Optimus robot by the end of next year and one day will rake in more cash from robots than cars, CEO Elon Musk told investors on Tuesday, another ambitious claim from the billionaire that experts said might just be within the realm of possibility—though is highly unlikely to make the carmaker any money in the near future.
Elon Musk hyped Tesla’s Optimus robot after an earnings report on Tuesday.
Optimus, Tesla’s still-in-development humanoid robot, […]
Musk Says Tesla's Optimus Robot Could Launch Next Year—Here's What Experts Think

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Elon Musk's SpaceX invests in British engineering company started in professor's garage

Filtronic shares rise more than 50pc following billionaire’s stake

Elon Musk’s SpaceX has agreed to acquire a 10pc stake in a British electronics company that was founded in a professor’s garage 47 years ago.
County Durham-based Filtronic’s shares rose by more than 50pc after announcing a “strategic agreement” with SpaceX on Wednesday. 
It marks a deepening relationship between Filtonic and SpaceX, as the UK company already provides power amplifiers for Starlink satellites […]
Elon Musk's SpaceX invests in British engineering company started in professor's garage

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What's behind the fight between Elon Musk's X and Australia's eSafety commissioner? – video

Elon Musk is at war with Australia — in particular Australia’s online safety regulator — due to videos that were circulating on his platform after an alleged stabbing at a church in Sydney last week. After the eSafety commissioner requested all social media platforms to remove video of the stabbing from their platforms, X made the videos unavailable to view within Australia, but they’re still available to watch both outside of Australia. Now, X and the eSafety commissioner are fighting it […]
What's behind the fight between Elon Musk's X and Australia's eSafety commissioner? – video