Elon Musk News

Meanwhile, a shocking revelation has come up o the basis of a lawsuit by Elon Musk, where it has been alleged that OpenAI overpays those in the AI field, in order to keep employees within their fold. This is seen by many as anticompetitive practice, which may harm other companies in the similar field. Also Read: Will Taylor Swift perform at Donald Trump's inauguration? Fans react to anchor's speculation

Subscribe to enjoy similar stories. Elon Musk’s choice of Warner Bros Studios for the long-anticipated launch of his robotaxi on October 10th was entirely appropriate. Hollywood’s film studios are as much a dream factory as Tesla, his electric-car company.

Jimmy Kimmel humorously speculated on the potential fallout between US President- elect Donald Trump and renowned tech billionaire Elon Musk specifically if Elon Musk ends up winning the Time magazine's 2024 ‘Person of the Year’ over Donald Trump, reported Huffpost. According to Huffpost, Jimmy Kimmel actually quipped that such an outcome would lead to their relationship ending dramatically while likening it to a SpaceX rocket explosion. Also Read: Who is Matthieu Blazy? Here’s what you need to know about him

Mark Zuckerberg may not have had a great relationship with current US President-elect Donald Trump but it now looks like he is preparing to repair this relationship by donating a whopping $1 million for the inauguration ceremony scheduled in January. At the start of the next year, Donald Trump will be taking over the role of US President from Joe Biden, and his swearing-in ceremony is reportedly going to be one of the grandest ones in US history.

Elon Musk. A day after Musk became the first person to surpass $400 billion net worth, Tesla's stock price reached $420 on Wednesday afternoon which prompted responses from social media users and the company's CEO, Elon Musk. «As foretold in the prophecy,» Musk wrote in an X post that included a screenshot of the stock. Tesla stock has reached the threshold previously, but today marked the first time the share price crossed the $420 threshold since the stock split in August 2022.

Billionaire Elon Musk’s close proximity to President Trump was the first indication of the President-elect’s willingness to further a neo-tech agenda. Musk has been given the responsibility, along with Vivek Ramaswamy, to head the the Department of Government Efficiency (DOGE), which will work towards cutting wasteful government spending and reducing budget deficits. Musk, the founder of new-gen technology firms like SpaceX, Neuralink and Starlink, is touted to be the 'world’s second most powerful person' after Trump takes office in January, according to an Axios report. Also Read: Real shame? After being pelted with mud in flood-hit Valencia, Spain's King Felipe and Queen Letizia cause political scandal for not showing up at Notre Dame reopening ceremony

Department of Government Efficiency (DOGE) under US-President elect Donald Trump's administration is already making waves. Headed by tech billionaire Elon Musk and entrepreneur Vivek Ramaswamy, DOGE aims to cut wasteful government spending and eliminate excessive regulations by the 250th anniversary of the United States. Musk, now Trump's closest ally, has warned Republicans against standing in Donald Trump’s way – or his, reports news agency AP. Musk, who recently visited Capitol Hill with Ramaswamy, the two issued a warning to Republicans who do not go along with their plans to slash spending as part of the president-elect’s proposed DOGE. ALSO READ: What is Willow? Google's quantum computing chip explained in 10 points

US Vice President Kamala Harris has been nominated for Time Magazine Person of the Year 2024 while sparking significant online mockery and skepticism due to her recent defeat in the US Presidential Election against Republican Presidential candidate Donald Trump, reported The US Sun. According to The US Sun, the shortlist which eventually includes notable figures such as Donald Trump, Elon Musk and Kate Middleton will see the winner announced on December 12. Several critics on social media have eventually questioned the rationale behind the nomination of Kamala Harris while pointing out that she lost the election and suggesting that the award should go to Donald Trump instead who made a remarkable political comeback. Also Read: Is true face of Cleopatra found? Here’s what an archaeologist claims to have unearthed about famous queen

Elon Musk and Vivek Ramaswamy to lead the newly formed Department of Government Efficiency (DOGE) to streamline government regulations and reduce spending. Recently, Elon Musk and Vivek Ramaswamy visited Capitol Hill to discuss their newly-announced advisory team that will cut regulations and spending within the federal government. Visuals from the Capitol visit showed the two billionaires smiling as they prepare to take on their new roles. The two billionaires appeared optimistic and ready for their new roles, smiling as they made plans for the future. ALSO READ:Trump, Jill Biden 'absolutely in love', say netizens as their friendly banter at Notre Dame re-opening goes viral

Vivek Ramaswamy, who is co-heading proposed Department of Government Efficiency, had a controversial past with billionaire Elon Musk. Ramaswamy has a lengthy history of attacking Musk's ties to China, frequently referring to his partner's as a «circus monkey», and a puppet for the Chinese Communist Party, reports the CNN. Ramaswamy also criticized Tesla's investments and Musk’s comment on Taiwan. He argued the Tesla CEO was pandering to the Chinese Communist Party for business benefits, such as regulatory approvals and tax breaks. Ramaswamy’s critiques, reviewed by CNN’s KFile, include pointed remarks about Musk’s 2022 suggestion that Taiwan should become a special administrative region of China. ALSO READ: US stares at billions in losses as China bans exports of these rare minerals. All you need to know

Trump gathered his top advisers in the tearoom at his Florida resort, Mar-a-Lago, to plan the transition to his second-term government. Trump had brought two of his most valued houseguests to the meeting: billionaire Tesla boss Elon Musk and billionaire Oracle co-founder Larry Ellison. Trump looked around the conference table and issued a joking-not-joking challenge. «I brought the two richest people in the world today,» Trump told his advisers, according to a person who was in the room. «What did you bring?»

Bitcoin, the world’s largest cryptocurrency by market value, crossed the $100,000 mark for the first time on Thursday, December 5. The surge is fuelled by expectations of a more crypto-friendly regulatory environment under President-elect Donald Trump. Trump embraced digital assets during his campaign, promising to make the US the “crypto capital of the planet” and to accumulate a national stockpile of Bitcoin.

It’s DOGE time at the U.S. Capitol

Bitcoin soared past the $100,000 mark for the first time on Thursday, buoyed by hopes that US President-elect Donald Trump will introduce measures to deregulate cryptocurrencies once he assumes office next month. The cryptocurrency was trading at $102,727 as of 8:43 am IST, extending a rally that began after Trump’s election victory on November 5. During his campaign, Trump pledged to make the United States the «bitcoin and cryptocurrency capital of the world.»

OpenAI CEO Sam Altman is locked in a legal dispute with rival Elon Musk

For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion

Jaguar on Monday revealed its electric Type 00 concept car during Miami Art Week, showcasing the company's new design and electric vehicle strategy. The concept, a part of its newly rebranded identity, was released days after billionaire Elon Musk mocked its previous ad for being 'woke'. Last month, the company released a 30-second spot showing diverse models and bright colors. The advertisement was panned by several who said it was «woke» including Tesla and X CEO Elon Musk mocked the ad saying, “Do you sell cars?" The luxury British carmaker has filled in some of the blanks by revealing a concept car. The Type 00, named to represent zero emissions and its position as the first of a new generation, features a long hood, curved roofline, and boat-tail rear. This design was made possible by Jaguar's new electric platform called JEA. The company also confirmed plans for a new four-door GT car, set to release in late 2025. This production model is projected to have a range of up to 478 miles (770km) and fast-charging capability.

Subscribe to enjoy similar stories. Leading members of the US political and economic establishment are either ecstatic or nervous about Donald Trump’s second term, depending on their respective world-views. Many imponderables cloud the horizon, given some of the unknown quantities in the Trump cabinet or the difficulty in predicting the gap between pre-poll rhetoric and actual policy roll-out.

Elon Musk says the United States need more electricians, plumbers, and carpenters than political science majors. Musk said electricians and plumbers are a lot more important than incremental political science majors. “I have a lot of respect for people who work with their hands. We need electricians, plumbers, and carpenters. That's a lot more important than having incremental political science majors," Musk said.

Elon Musk has again asked a US court to stop ChatGPT-maker OpenAI from converting into a for-profit enterprise, CNBC reported Saturday. Attorneys representing the billionaire and his AI startup, xAI, filed the injunction Friday, the financial news site reported. The injunction also requests that OpenAI be stopped from allegedly barring its investors from funding competing companies.

Subscribe to enjoy similar stories. The idea of ‘small government’ has long held totemic appeal on the American Right, especially after Ronald Reagan ran a charm offensive in the 1980s to reposition government as a problem rather than solution.