Elon Musk sets global wealth record, hits $600bn net worth
Elon Musk, CEO of Tesla and SpaceX, has become the world’s richest person after his net worth surged to $600 billion. This milestone sets a new record in global wealth, surpassing all previous benchmarks. The increase in Musk’s wealth comes largely from the rising stock prices of Tesla, his electric vehicle company, and the growing […]
Elon Musk no longer world’s richest man after tech rival’s networth grows $100billion in one hour
Larry Ellison has taken the top spot from Elon Musk as the richest person in the world. His wealth jumped after shares in Oracle, the company he co-founded, rose sharply in early trading on Wednesday, September 10. Oracle’s stock price went up by more than 40% to $340 a share, pushing the company’s value to […]
Elon Musk says Tesla and Samsung have signed a $16.5 billion chip deal
Tesla’s CEO, Elon Musk, has announced a massive chip supply deal worth $16.5 billion with Samsung Electronics. This partnership is expected to boost Samsung’s chip-making business, which has been facing some challenges recently. As part of the agreement, Samsung will produce Tesla’s new AI6 chips at its advanced chip plant in Taylor, Texas. These chips […]
Trump says he will not destroy Elon Musk’s companies
US President Donald Trump has said he will not destroy Elon Musk’s companies by removing government support. He insisted that he wants Musk’s businesses to grow and succeed. In a message shared on social media, Trump denied claims that he plans to remove large subsidies given to Musk’s companies by the U.S. government. He said, […]
Third parties have never worked, so he can have fun with it – President Trump reacts after his former close ally Elon Musk formed a new political party
Former US President Donald Trump has criticized Elon Musk for starting a new political party. He said third parties never work in America and suggested Musk is wasting his time. While speaking to reporters on Sunday, July 6, before boarding Air Force One, Trump said it’s “ridiculous” to form a third party. He explained that […]
Tesla sales skid in Europe in May despite EV rebound
Tesla is having a tough time selling its cars in Europe, even though more people on the continent are buying electric vehicles (EVs). Experts say this is partly because of public opinion around Tesla’s CEO, Elon Musk, and how he’s seen politically. New data released on June 24 by the European Automobile Manufacturers’ Association (ACEA) […]
They went too far – Elon Musk says he regrets some of his social media posts about President Donald Trump
Tech billionaire Elon Musk recently said he regrets some of the things he posted on social media about U.S. President Donald Trump. Musk admitted that his posts last week went too far and that he should not have said some of those things. Musk shared this apology on his social media platform called X. He […]
Elon Musk slams Trump’s spending bill for ‘undermining’ DOGE and claims they were treated as ‘whipping boys’
Elon Musk’s relationship with President Donald Trump seems to be falling apart. The Tesla and SpaceX CEO recently criticized Trump’s government for making things harder for him and unfairly blaming the DOGE project. On May 27, just before launching a SpaceX Starship into space, Musk spoke to the press. He strongly criticized Trump’s new $3.8 […]
Tesla board move to oust Elon Musk as CEO amid plunging stock price
Tesla’s board is reportedly searching for a new CEO as the company’s stock continues to fall. Elon Musk, who has led Tesla for over 20 years, may be asked to step down. This decision comes after Musk spent more time on political activities, especially in the Trump administration, where he took a role in the […]
DOGE: Elon Musk told to leave Trump govt, focus on Tesla
Dan Ives, a well-known tech analyst from Wedbush Securities, has asked Elon Musk to step away from his government role and return full-time to managing Tesla. He shared his thoughts in a post on X, saying Tesla needs Musk’s full attention, especially now. Musk is currently leading a government office called the Department of Government […]