Elon Musk will settle a $128 million lawsuit with four Twitter executives whom he fired after taking over the company in 2022. One of Musk’s first moves upon buying Twitter was to fire CEO Parag Agrawal, CFO Ned Segal, and top lawyers Sean Edgett and Vijaya Gadde. The four executives never received severance payments, which […]
Elon Musk will settle $128M lawsuit with former Twitter execs Read More »
Tesla’s sales growth has vanished over the last year-and-a-half, but the company just registered its best quarter of deliveries ever, in large part because buyers rushed to take advantage of the $7,500 federal EV tax credit before it went away. Tesla delivered 497,099 vehicles over the last three months, the company announced Thursday. That’s a
Tesla has its best sales quarter ever as EV tax credit expires Read More »
Social network X on Monday said it would appeal an Indian court ruling that upheld a content takedown system, calling the government-run operation “secretive” and claiming it “has no basis in the law.” The platform said last week’s decision by the Karnataka High Court lets police issue “arbitrary” content removal orders through the online portal,
X says will fight Indian court ruling on content takedown system Read More »
Tesla has asked the Environmental Protection Agency not to roll back current vehicle emissions standards, breaking from other major automakers who want to see the rules eased. The company’s request comes the same week that President Donald Trump — who Tesla CEO Elon Musk spent $300 million to help elect — told the United Nations
Elon Musk’s xAI has reached an agreement with the U.S. government’s purchasing arm to sell its AI chatbot Grok to the federal government for under a dollar, pitting it against OpenAI and Anthropic. Under the agreement between xAI and the General Services Administration (GSA), federal agencies will be charged 42 cents to use xAI’s chatbot
Elon Musk’s xAI offers Grok to federal government for 42 cents Read More »
An Indian court has dismissed an attempt by Elon Musk’s X to challenge the Indian government’s content takedown orders, ruling that the social media platform, as a foreign company, does not have a constitutional right to free speech under Indian law. The Karnataka High Court ruled Wednesday in favor of the Indian government’s use of
India court rejects X’s “free speech” argument, backs government takedown powers Read More »
President Trump just made it a lot more expensive for companies to hire foreign workers through the H-1B program. The White House announced Friday that Trump signed a proclamation requiring employers to pay a hefty $100,000 fee for new H-1B visa applications, an enormous jump from the current $215 lottery registration fee. H-1B visas allow
President Trump just made it a lot more expensive for companies to hire foreign workers through the H-1B program. The White House announced Friday that Trump signed a proclamation requiring employers to pay a hefty $100,000 fee for new H-1B visa applications, an enormous jump from the current $215 lottery registration fee. H-1B visas allow
With Tesla shareholders set to vote on a proposed 10-year, $1 trillion compensation package for CEO Elon Musk in November, board chair Robyn Denholm spoke to The New York Times to defend what would be the largest pay package in corporate history. Denholm, who was also on the special committee that put the compensation proposal
Tesla board chair calls debate over Elon Musk’s $1T pay package ‘a little bit weird’ Read More »
Elon Musk’s AI startup xAI laid off 500 team members on Friday night, according to internal messages viewed by Business Insider. These emails reportedly announce an immediate “strategic pivot,” with the company deciding to “accelerate the expansion and prioritization of our specialist AI tutors, while scaling back our focus on general AI tutor roles.” “As
xAI reportedly lays off 500 workers from data annotation team Read More »
