Tesla plans to lay off more than 10% of workforce as sales slump

[ad_1] EV sales drop as interest in hybrid vehicles increases EV sales drop as interest in hybrid vehicles increases 01:54 Tesla plans to lay off more than 10% of its employees, multiple news outlets report, as the electric vehicle maker continues to struggle through a sharp sales slump.  Tesla had 140,473 employees as of December … Read more

Brazil Supreme Court investigating Elon Musk over obstruction, disinformation on X

[ad_1] A crusading Brazilian Supreme Court justice included Elon Musk as a target in an ongoing investigation over the dissemination of fake news and opened a separate investigation late Sunday into the executive for alleged obstruction. In his decision, Justice Alexandre de Moraes noted that Musk on Saturday began waging a public “disinformation campaign” regarding … Read more

Forbes has released its list of the world’s billionaires. There are more than ever before — and they’re wealthier.

[ad_1] Forbes has released its annual list of the world’s billionaires and in 2024, there are more people on the list than ever — and they’re richer than ever. There are 141 more billionaires in the world than last year, with 2,781 in total. Their combined worth equals $14.2 trillion — up by $2 trillion … Read more

Judge tosses out X lawsuit against hate-speech researchers, saying Elon Musk tried to punish critics

[ad_1] A federal judge on Monday dismissed a lawsuit by Elon Musk’s X Corp. against the nonprofit Center for Countering Digital Hate, ruling that the case was about “punishing” the research group for its speech. The Center for Countering Digital Hate (CCDH) has documented the increase in hate speech on the site since it was … Read more

Elon Musk says his ketamine use is good for Tesla investors

[ad_1] Elon Musk defended his prescription for ketamine, saying his usage of the drug helps him alleviate a “negative chemical mind state” that benefits investors in Tesla, the electric car maker he leads as CEO. Musk made the comments in an hour-long interview with former CNN host Don Lemon, who posted the sometimes contentious conversation … Read more

Elon Musk and OpenAI CEO Sam Altman, once allies, no longer see eye to eye. Here’s why.

[ad_1] Elon Musk sues OpenAI 04:52 The relationship between Elon Musk and OpenAI has taken an increasingly acrimonious — and public — turn, with the one-time allies lobbing allegations at each other as they battle over the future of artificial intelligence.  For many observers, it may seem a surprising twist in a relationship that stems … Read more

Jeff Bezos is world’s richest person again, edging out former No. 1 Elon Musk

[ad_1] Jeff Bezos is richest person on Earth Jeff Bezos overtakes Elon Musk as richest person on Earth 00:30 Amazon founder Jeff Bezos took back his spot as the world’s richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index. Bezos’ net worth stands at $200 billion, according to the tracker, surpassing the … Read more

Fired top Twitter executives sue Elon Musk for more than $128 million in severance

[ad_1] Former senior executives of Twitter are suing Elon Musk and X Corp., saying they’re entitled to a total of more than $128 million in unpaid severance payments. Twitter’s former CEO Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Counsel Vijaya Gadde and General Counsel Sean Edgett claim in the lawsuit filed Monday that … Read more

Tesla’s Giga Berlin plant in Germany shut down by suspected arson fire

[ad_1] Berlin — Tesla’s “gigafactory” near Berlin was evacuated Tuesday after a fire and major power outage that was being investigated as a suspected case of arson. Police in the state of Brandenburg said they were inspecting a letter the force had received claiming that a far-left environmental organization known as Vulkangruppe (Volcano Group) was … Read more

Elon Musk sues OpenAI and Sam Altman, claiming “stark betrayal” of the AI company’s mission

[ad_1] Elon Musk is suing OpenAI and CEO Sam Altman, with the Tesla founder alleging they violated the artificial intelligence company’s original mission statement by putting profits over benefiting humanity.  The lawsuit, filed Thursday in San Francisco, comes amid a larger debate over the potential impact of AI, such as that it could produce misleading or … Read more