Short-seller Jim Chanos challenged Tesla CEO Elon Musk’s proposal for a carbon tax, raising questions about his motivations and political leanings. Musk, however, argues that such a tax is essential to combat climate change. As expected, Musk’s proposal for a carbon tax has sparked debate among his supporters, with some expressing support and others raising … Read more
Elon Musk’s position as the world’s richest person is in jeopardy following a court decision to invalidate his $55 billion (£43.33 billion) compensation package from Tesla. On January 30, a Delaware judge struck down Musk’s $55 billion (£43.33 billion) Tesla pay package, posing a threat to the business magnate’s standing as the richest person in … Read more
A court in the US state of Delaware has voided a multi-billion dollar pay deal that was awarded to Elon Musk in 2018 by Tesla. The financial compensation package, consisting of $55.8 billion, was dubbed “an unfathomable sum” by Chancery Court Chief Judge Kathaleen McCormick. The lawsuit, which has been ongoing for years, was filed … Read more
Elon Musk has warned that the AI race is like a high-stakes poker game, where companies must continuously invest in AI hardware just to maintain their competitive edge in research and development. The 52-year-old tech mogul also noted that Tesla, his automotive company, which designs, manufactures and sells electric vehicles (EVs), will be spending over … Read more
Expressing confidence in Tesla’s advancements in artificial intelligence (AI) last year, Elon Musk said the automotive company will soon have its “ChatGPT moment”. While technically impressive, Tesla’s moment doesn’t quite live up to the ChatGPT hype. While interacting with CNBC’s David Faber on Twitter Spaces, Musk shed some light on Tesla’s AI efforts saying: “I … Read more
Although he plays a pivotal role in his companies SpaceX and Tesla Inc., Elon Musk has never shied away from admitting that he likes focusing on product development and technology more than being a corporate leader. It is no secret that Musk, who is recognised as one of the most influential figures in 21st-century business, … Read more
King of cryptic tweets Elon Musk recently dropped a bombshell about new Tesla products, hinting at a bolder future without spilling the beans. In his latest post, X (formerly Twitter) user Alex (@alex_avoigt) shared a well-curated list of all products and services developed by Tesla, including the solar roof, the Tesla Supercharger network and of … Read more
Masculinity has been the overarching theme in automobile designs for centuries. Recently, however, as more electric car models emerge, macho designs have been at their peak. Since Elon Musk, the CEO of X and Tesla, came under fire for launching the masculine ‘Tesla’s Cybertruck’, designers have noted that electric cars are clearly being marketed towards … Read more
