Elon Musk Reportedly Back In Layoff Mode After 10% Workforce Cuts Earlier This Month

investors.com Tesla stock has rallied more than 30% since first-quarter earnings last week. Meanwhile Elon Musk is letting more top executives go, according to reports. The post Elon Musk…

More CEOs are deciding the stress, pressure, and loneliness are just not worth the money

aol.com None Noel Quinn is leaving HSBC. CEOs are quitting in droves as the top job loses its appeal for some. • None There were a record 622 CEO changes at US companies last…

Elon Musk publicly dumped California for Texas

finance.yahoo.com In California, where there are Teslas as far as the eye can see and rapid charging stations aplenty, new drivers are opting out of the $605 billion Elon Musk–led car…

Elon Musk Reportedly Back In Lay Off Mode After 10% Workforce Cuts Earlier This Month

investors.com Tesla stock has rallied more than 30% since first-quarter earnings last week. Meanwhile Elon Musk is letting more top executives go, according to reports. The post Elon Musk…

Elon Musk Reacts To An Old Clip From Lex Fridman's Podcast On What 'Exactly' Is Wrong With SEC: 'The Lawyers Of The SEC Are Not Paid Well'

benzinga.com Elon Musk, the CEO of Tesla Inc. TSLA, recently expressed his dissatisfaction with the Securities and Exchange Commission (SEC) on Lex Fridman‘s podcast. What Happened: On…

Elon Musk reportedly sacked Tesla’s entire Supercharger team, including his top female manager

fortune.com Elon Musk shocked Tesla fans on Monday after news leaked he was eliminating everyone at Tesla’s Supercharger operations, starting with his highest ranking female executive.…

China Eyes Smart EV Revolution With Tesla’s ‘Full Self-Driving’

asiafinancial.com A potential green-light for Tesla to roll-out its “Full Self-Driving” system in China may have Beijing’s own interests at heart — specifically to trigger a battle to pioneer…

Barbra Streisand asked Melissa McCarthy whether she used Ozempic, sparking a backlash from fans

aol.com None Barbra Streisand asked Melissa McCarthy on Instagram whether she used Ozempic. • None The legendary singer's comment was met with backlash from fans. • None Stars…

2 cryptocurrencies to reach $50 billion market cap in May

finbold.com The broader cryptocurrency market is in a bearish state, led by Bitcoin (BTC), which is grappling with maintaining its price above $60,000. Notably, the market has responded…

Elon Musk is $36 billion richer since returning from his triumphant China trip

aol.com None Elon Musk has gained $36 billion in net worth over the last week, per Bloomberg. • None Musk is reaping the benefits after Tesla shares surged following his successful…

Why Japan Inc is no longer in thrall to America

economist.com One of the most chilling moments in America’s post-war relationship with Japan occurred in Detroit in 1982. Two American car workers clubbed a Chinese-American man to death,…

TikTok And Instagram Have An AI Influencer Problem. Blockchain Can Help

forbes.com The rise of truly powerful and accessible, Generative AI (GenAI) is beginning to shake up the social media landscape. New AI tools and even influencers are beginning to…

Elon Musk reportedly dismisses two senior Tesla executives, plans to lay off hundreds more employees

theglobeandmail.com Elon Musk has dismissed two Tesla TSLA-Q senior executives and plans to lay off hundreds more employees, frustrated by falling sales and the pace of job cuts so far, The…

Toyota Stock Rises on the Virtue of Listening

investorplace.com Automotive history repeats itself but with a twist When former Toyota (NYSE:TM) chief Akio Toyoda stated that a “silent majority” of auto manufacturing peers actually…

5 Reasons to Buy This ‘Magnificent Seven’ Stock Right Now

247wallst.com As one of the Magnificent Seven stocks, Tesla (Nasdaq: TSLA) has never looked better. With a market cap of $536.7 billion, Tesla is more than just an EV maker. The company…

Nvidia CEO Jensen Huang’s staff say he is a demanding perfectionist who’s not easy to work for

fortune.com Jensen Huang didn’t build Nvidia into a $2 trillion company without setting high standards for his staff—and while they say it makes him difficult to work for, Huang…

Tesla conducting more layoffs, including entire Supercharger team

electrek.co Just after laying off “more than 10%” of its global workforce, Tesla is laying off even more employees – including senior executives and long-time veterans of the company,…

Futures drift lower as focus shifts to rate verdict

aol.com Futures tracking Wall Street's main indexes were subdued on Tuesday as investors refrained from placing big bets ahead of the interest rate decision at the end of the…

Tesla Continues Layoffs: Charging and Public Policy Teams are Trimmed

eletric-vehicles.com Tesla chief executive Elon Musk emailed Executives on Monday evening warning that the company needs “need to be absolutely hard core about headcount and cost reduction” as…

Musk's visit to China was a much-needed win for both sides

aol.com None Elon Musk just made a quick trip to China, where he met with senior officials and struck a deal. • None The Beijing visit comes as trade tensions have ratcheted up…

Elon Musk isn't even close to being done with his 'absolutely hard core' slashing of Tesla's headcount

aol.com None The layoffs at Tesla aren't over yet, says Tesla CEO Elon Musk. • None On Monday, he announced the departure of two senior executives and the axing of their divisions.…

Elon Musk says he picked Tesla robotaxi's August 8 launch date because it's a lucky number in China

businessinsider.com Elon Musk. Tayfun Coskun/Anadolu via Getty Images Tesla is set to launch its robotaxi on August 8, 2024. The date, Elon Musk says, was chosen partly because it is a "lucky…

Analysts weigh in on Tesla's China FSD opportunity

investing.com On Monday, the Wall Street Journal reported that Tesla (NASDAQ: ) has received preliminary approval from Chinese regulators to introduce its advanced driver assistance…

US Auto Watchdog Mandates Automatic Emergency Braking Systems In New Vehicles By 2029

benzinga.com The National Highway Traffic Safety Administration (NHTSA) has announced that by September 2029, almost all new cars and trucks sold in the U.S. must be equipped with…

'Tesla Has The Endorsement' Of Xi Jinping's Government: This Is What 'Serious' Elon Musk Showed To Investors In China, Says Expert

benzinga.com Tim Higgins, author of “Power Play: Tesla, Elon Musk, and the Bet of the Century,” recently highlighted the seriousness of Tesla TSLA CEO Elon Musk as a key factor in…

Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids

techcrunch.com Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy and “several unforeseen challenges” cut…

The ex-Twitter director who went 'hardcore' for Elon Musk and slept on the floor of X's office is now working for his Meta nemesis, Mark Zuckerberg

businessinsider.com , and Mark Zuckerberg (right). Steve Granitz/FilmMagic via Getty Images; Robert Cowherd; Cooper Neill/Zuffa LLC via Getty Images Former Twitter director Esther Crawford says…

Elon Musk scores big for Tesla with visit to China

morningbrew.com Forget anything you heard about business travel being dead: In less than 24 hours, Elon Musk managed to replace talk of Tesla’s recent stumbles with hope for its role as a…

Australia to fund utility scale quantum computer for $620m

theregister.com Australian researchers pioneered the development of solar panels, but the nation now imports them in huge quantities – a situation that's become emblematic of the nation's…

Elon Musk makes surprise visit to Beijing as Tesla's China-made cars pass data security rules

nbcnews.com BEIJING — Local Chinese authorities have removed restrictions on Tesla cars after the company’s China-made vehicles passed the country’s data security requirements, the…

X Previews Coming UI Change Which Will Hide All Action Buttons

socialmediatoday.com Whether you like it or not, the platform formerly known as Twitter is about to take another significant step away from its previous identity, by implementing a major UI…

New Report Finds Most Americans Favor Government Regulation of Social Media

socialmediatoday.com Who should decide what can and cannot be shared on social platforms? Mark Zuckerberg? Elon Musk? The users themselves? Well, according to a new study conducted by Pew…

Drake’s fake Tupac, a $50,000 Elon Musk romance scam, and AI-generated racist tirades: Deepfakes are terrorizing society

aol.com Hide your kids, hide your wife, and hide Elon Musk—because no one is safe from AI deepfakes. The U.S. Senate will hold a hearing on the NO FAKES act on Tuesday. The…

NFL & X/Twitter Renew Content Partnership; CEO Linda Yaccarino Calls Deal “A Dream Team Of Epic Proportions”

deadline.com X, the social media platform formerly known as , has renewed their content partnership with the NFL. The multi-year agreement between the football league and the digital…

EU’s unwinnable price war with Chinese EVs summed up: BYD cars are 11-fold more profitable in Europe vs. China

finance.yahoo.com As a fleet of vessels ship ultra-cheap electric vehicles like BYD into Europe from China, helpless European carmakers have watched on begging for regulators to save them…

Asana CEO calls Tesla the next Enron and says Elon Musk has misled customers

aol.com Asana CEO Dustin Moskovitz has been a critic of Elon Musk and Tesla for years, but his latest jabs at the billionaire CEO and his EV giant were a bit more pointed than…

TheStreet tech reporter Krietzberg departs for new opportunity

talkingbiznews.com Ian Krietzberg, a tech reporter for TheStreet.com, is leaving for a new opportunity. He has been at TheStreet since April 2023. He has been covering AI companies, safety,…

Elon Musk Can’t Solve Tesla’s China Crisis With His Desperate Asia Visit

wired.com Elon Musk will be pleased that his surprise jaunt to China on Sunday garnered many glowing headlines. The trip was undoubtedly equally a surprise to Indian prime minister…

Forget Tesla's Supercharging, Polestar's new charging tech can charge even faster

thestreet.com Move over, Elon Musk and Tesla (TSLA) , the speed demons at Polestar (PSNY) are making 'supercharging' look like a long, tired out ordeal. In a demonstrated fast charge…

No one is safe from AI deepfakes

fortune.com Hide your kids, hide your wife, and hide Elon Musk—because no one is safe from AI deepfakes. The U.S. Senate will hold a hearing on the NO FAKES act on Tuesday. The…

AI Explained: Artificial General Intelligence

pymnts.com As the field of artificial intelligence (AI) continues to advance at a rapid pace, the concept of artificial general intelligence (AGI) has captured the attention of…

Stock market today: US stocks edge higher ahead of earnings deluge and Fed policy meeting

aol.com None US stocks jumped on Monday, extending gains from last week as investors digest Q1 earnings results. • None The upcoming earnings reports of Amazon and Apple later this…

Tesla's 'Full Self Driving' Tech Poised to Accelerate in China Amid Sales Slump

inc.com Elon Musk says Tesla secured tentative approval to launch its driver assistance technology, which could give Tesla a competitive edge in China.

Stock market today: Stocks edge higher to start big week, Tesla surges 15%

finance.yahoo.com Stocks closed higher on Monday to kick off a big week filled with a Federal Reserve rate decision, the monthly jobs report, and earnings from more "Magnificent Seven" tech…

Tesla gains roughly $82 billion on 15% stock surge as top analyst sees ‘home run’ deal for Elon Musk in China

fortune.com Shares of Tesla rallied Monday after the electric vehicle maker’s CEO, Elon Musk, paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for…

Tesla’s stock leaps on reports of Chinese approval for the company’s driving software

seattletimes.com Shares of Tesla stock have rallied after the electric vehicle maker's CEO, Elon Musk, paid a surprise visit to Beijing over the weekend and reportedly won tentative approval…

Stock market today: Tesla and Trump Media soar ahead of Apple earnings

newsweek.com U.S. stocks ended fractionally higher on Monday, as investors awaited another busy week of earnings and economic data, including a Federal Reserve decision on interest…

Buying Into The Tesla Vision (NASDAQ:TSLA)

seekingalpha.com We argued in a previous article that Tesla, Inc. (NASDAQ:TSLA) is facing multiple headwinds like electric vehicle ("EV") market growth decelerating sharply or even…

Two 2024 tech laggards are driving the stock market higher Monday

cnbc.com Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.…

Gold Is Saying “Thank You” to China

investorplace.com Is gold a worthy portfolio hedge right now? As a reader, you have most likely heard me call gold the “Granddaddy of Portfolio Hedges” before. The moniker comes from the…

Supreme Court rejects Elon Musk appeal over tweets that must be approved by Tesla

pbs.org The Supreme Court on Monday rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some tweets that…

Dow Jones Up As Apple Pops On Call; Cathie Wood Loads Up On This AI Stock Amid 26% Plunge

investors.com The Dow Jones Industrial Average was higher Monday as blue chips got a lift from Apple (AAPL) and Boeing (BA). Tesla (TSLA) soared amid a boast from CEO Elon Musk, but…