Elon Financial News

Elon Musk, UK Prime Minister Rishi Sunak said, "It doesn't matter whether you're Elon Musk or you're someone on the street who's shouting abuse at someone who happens to be walking past you, that's wrong in all its forms". In an interview with Bloomberg News, Sunak subtly slammed Musk's remark, unlike US President Joe Biden who accused the tech entrepreneur of amplifying anti-Jewish hatred on his X social media platform.

Elon Musk, who is also accused by civil rights groups of amplifying anti-Jewish hatred on his X (formerly Twitter), will meet Israeli President Isaac Herzog and Israelis whose relatives have been held by Hamas in Gaza today, Monday, November 27. During the meeting, the Israeli President will emphasize the need to act to combat rising antisemitism online, Herzog's office announced on Sunday night, Reuters reported. The tech entrepreneur did not respond to requests for comment through spokespeople for Tesla and X, formerly known as Twitter.

JERUSALEM (Reuters) — Elon Musk, the tech entrepreneur accused by civil rights groups of amplifying anti-Jewish hatred on his X social media platform, will meet Prime Minister Benjamin Netanyahu and President Isaac Herzog in Israel on Monday, Channel 12 TV said on Sunday.

Elon Musk had an "emotional" reunion with his father Errol as they met for the first time in seven years, a report said. The two reportedly met soon after the historic first successful launch of SpaceX’s Starship rocket last Saturday. Describing the reunion, Errol Musk's ex-wife Heide Musk told the Sun: "The family cried.

Moneycontrol, the same electric car will also be launched in India subsequently. Though Musk's Tesla is yet to make an official announcement on its India foray, the firm is all set to commence imports of some of its models from 2024 onwards. However, Tesla hasn't revealed any more details or the name of the model yet.

Israel-Hamas war, the CEO of Tesla, Elon Musk on Wednesday said that X Corp will donate all proceeds generated from advertising and subscriptions on the social media platform related to the Gaza war to Israeli hospitals and the Red Cross in Gaza. In a post on social media platform X, Musk wrote, “We will track how funds are spent and go through Red Cross/Crescent.

Tesla Chief Executive Elon Musk and other managers knew the automaker's vehicles had a defective Autopilot system but still allowed the cars to be driven unsafely, according to a ruling. Judge Reid Scott, in the Circuit Court for Palm Beach County, ruled last week that the plaintiff in a lawsuit over a fatal crash could proceed to trial and bring punitive damages claims against Tesla for intentional misconduct and gross negligence. The order has not been previously reported.

United States next year, US President Joe Biden and Vice President joined Instagram’s Threads. The move of joining 'Threads' comes after the White House commented on recent Elon Musk’s antisemitic controversy where he shared a conspiracy theory on X.

The XRP price has dropped by 2% in the past 24 hours, with its move to $0.613876 also representing a 6% drop in the past week.

Elon Musk has stirred the pot amid the very public back-and-forth between ChatGPT-parent OpenAI's ex-CEO, employees, investors, and board. With the situation seemingly unstable after CEO Sam Altman was removed, investors being blindsided, pressure on the board to reinstate Altman, and ultimate fall-through of discussions, Musk has continuously responded to posts on his social media site X, participating in the peanut gallery surrounding the fiasco.

Apple, IBM, Disney, Warner Brothers, Comcast/NBCU, Paramount, Discovery - that's only some of the major advertisers who have abandoned X (formerly Twitter) en masse in the past few days. Most of these companies say they have “paused" advertising on X, but this is the busy season and there's no timeline to suggest how long these pauses might last. It is estimated that ad revenues this year on X will drop at least 50% compared with 2022.

Tesla Inc. that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, according to people familiar with the Indian government’s thinking. An announcement could come at the Vibrant Gujarat Global Summit in January, one of the people said, declining to be identified because the discussions are private.

Elon Musk's X Corp is suing liberal media advocacy group Media Matters for allegedly manipulating the social media platform's algorithms and fabricating posts to drive away advertisers. Responding to a post mentioning the lawsuit against Media Matters, Musk said it was only the first of many to be filed against the advocacy group. Also Read| Elon Musk mocks Satya Nadella's message on Microsoft - OpenAI partnership, says ‘Now they will have to…’ A lawsuit filed by Elon Musk's X Corp in a US federal court in Texas was quoted by the New York Times as saying: “Media Matters has manipulated the algorithms governing the user experience on X to bypass safeguards and create images of X’s largest advertisers’ paid posts adjacent to racist, incendiary content, leaving the false impression that these pairings are anything but what they actually are: manufactured, inorganic and extraordinarily rare," Linda Yaccarino also launched a veiled attack on Media Matters after a lawsuit was filed by X Corp.

Elon Musk's social media company X filed a lawsuit against liberal advocacy group Media Matters for America on Monday, saying it manufactured a report to show advertisers' posts alongside neo-Nazi and white nationalist posts in order to «drive advertisers from the platform and destroy X Corp.» Media Matters, a Washington, DC-based non-profit, called the lawsuit «frivolous.»

Satya Nadella's message reaffirming the company's partnership with ChatGPT maker OpenAI. Nadella had announced that Microsoft was "committed" to its partnership with OpenAI, while sharing the news that former OpenAI CEO Sam Altman and co-founder Greg Brockman would be joining Microsoft to lead a new AI research team.

Elon Musk's Boring Company to join the operations? In Uttarakhand, the Silkyara tunnel collapsed on November 12, trapping around 41 men. A rescue operation for these trapped workers was put on hold on November 19 as the agencies were involved in preparing for the next stage by adopting multiple approaches to reach the men trapped for the past few days. Track | Uttarkashi tunnel collapse LIVE Updates: International tunnel expert Arnold Dix reaches Silkyara tunnel site In order to rescue the 41 trapped men, Tehri Hydroelectric Development Corporation was going to start 'micro tunneling' on Sunday night on the Char Dham route from the Barkot end of the under-construction tunnel.

Elon Musk denounced what he calls "bogus" media reports accusing him of anti-semitism. This response follows his recent endorsement of content on X that sparked outrage and led major advertisers like Apple Inc. to distance themselves from the platform.

Sam Altman's sacking, tech billionaire Elon Musk on Sunday said if he returns as CEO, the board will be gutted. His comment came when an X user @enriquebrgn posted a screenshot, asking an AI chatbot a question related to Altman sacking.

(Reuters) -Elon Musk threatened on Saturday to sue media watchdog Media Matters and those who attacked his social media platform X, following moves by several large U.S. companies to halt advertising on the site after being promoted alongside antisemitic content.

Elon Musk-owned company's Starbase launch site near Boca Chica in Texas, boosting the Starship spacecraft roughly 55 miles (90 km) above ground on a planned 90-minte flight into space. But the rocket's Super Heavy first stage booster, though it appeared to achieve a crucial maneuver to separate with its core Starship stage, exploded over the Gulf of Mexico shortly after detaching, a SpaceX webcast showed.

Elon Musk announced on Saturday that X Corp is gearing up to initiate legal action against Media Matters and individuals involved in the assault on social media platform X. “The split second court opens on Monday, X Corp will be filing a thermonuclear lawsuit against Media Matters and ALL those who colluded in this fraudulent attack on our company," wrote Musk in his post.