Trade analysts have rated Tesla’s stock a “hold” with a median price target of $212.50
Musk had denied a report earlier this year that said xAI was seeking funding
US labour law requires companies with 100 or more employees to notify authorities ahead of mass layoffs
Some Tesla investors and analysts said valuing a robotaxi business for Tesla is much more difficult than a low-cost car
The lawsuit said Altman and OpenAI’s co-founder Greg Brockman originally approached Musk to make an open source, non-profit company
The US Food and Drug Administration had given the company clearance last year to conduct its first trial to test its implant on humans
The basic tier is priced at $3 per month but is not ad-free
The agreement calls for the satellites to be launched on SpaceX’s Falcon 9 rocket from the US
Omar Al Olama joins the likes of X-owner Elon Musk and Chat GPT creator Sam Altman
The announcement came after the platform updated its privacy policy to include the collection of biometric data
The gathering is intended as the first of Schumer’s AI Insight Forums, and part of his strategy to give Congress more influence over the future of AI
The face-off between Musk and Zuckerberg intensified after the initial success of Meta’s Threads social media platform
He succeeds Zachary Kirkhorn, who stepped down from the post after working for the electric vehicle maker for 13 years
Musk and Jared Birchall, who operates Musk’s family office, incorporated a business called X.AI in March
Several features have been placed behind a paywall in recent months, most notably Twitter’s iconic blue verified checkmarks
Elon Musk has made a series of changes to Twitter since buying the social media company in 2022
The tech bosses have agreed to a ‘cage match’ after an exchange on their respective social media platforms
The latest starting prices of both models are $87,490 and $97,490, respectively
The Tesla chief and owner of Twitter confirmed he intends to get involved in the AI race sparked by OpenAI’s intelligent chatbot
The company will manufacture its Megapack large-scale energy-storage unit in the new facility
The company plans to offer a liquidity event in about a year when workers will be able to cash out some of their equity
The company is occupying the former headquarters of Hewlett Packard, Tesla chief executive officer Elon Musk said Wednesday
Tesla shared the new production figure in a tweet on Thursday
Other companies have paused advertising on the platform, including General Motors, Volkswagen, Pfizer and General Mills
“Over the next few days, the absolute top priority is finding and suspending any verified bots/trolls/spam,” Musk wrote in an email to staff
Billionaire Elon Musk plans to eliminate half of Twitter’s workforce, making good on plans to slash costs at the social media platform
Elon Musk has also said that Twitter’s verification process is ‘being revamped right now’
Shareholders will be paid $54.20 per share, and Twitter will now operate as a private company
Cryptocurrencies, like other riskier investments, have been suffering in a tighter-monetary-policy environment
Twitter General Counsel Sean Edgett warned workers to expect “tons of public rumours and speculation” as the closing of the deal nears