Thursday, December 26

Tag: elon musk

Forbes has released its list of the world’s billionaires. There are more than ever before — and they’re wealthier.
3Apr By adminNo Comments
Money

Forbes has released its list of the world’s billionaires. There are more than ever before — and they’re wealthier.

Forbes has released its annual list of the world's billionaires and in 2024, there are more people on the list than ever — and they're richer than ever.There are 141 more billionaires in the world than last year, with 2,781 in total. Their combined worth equals $14.2 trillion — up by $2 trillion in 2023.The 2024 list also broke records set in 2021, with 26 more billionaires on the list and their combined net worth up by $1.1 trillion.  Billionaires themselves are also wealthier, with two-thirds adding to their worth. The top 20 on the list gained the most, adding $700 billion to their combined worth since 2023. And the U.S. has a record 813 billionaires — the most of any country.China has 473 billionaires and India has 200, which set a record for that c...
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Tesla sales drop as competition in the electric vehicle market heats up
3Apr By adminNo Comments
Money

Tesla sales drop as competition in the electric vehicle market heats up

Tesla sales fell sharply last quarter as competition in the electric vehicle market increased worldwide and price cuts the company enacted months ago failed to entice more buyers.The Austin, Texas, company owned by Elon Musk, said Tuesday it delivered 386,810 vehicles from January through March, almost 9% below the 423,000 it sold during the same period last year. The company blamed the decline in part on phasing in an updated version of the Model 3 sedan at its Fremont, California factory. Plant shutdowns due to shipping diversions in the Red Sea, and an arson attack that knocked out power to its German factory also caused fewer deliveries, it said. Last year, Tesla dramatically lowered prices by up to $20,000 for some models. In March, it temporarily knocked $1,000 off the Model Y, its ...
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X names its third head of safety in less than two years
3Apr By adminNo Comments
Technology

X names its third head of safety in less than two years

X has named a new head of safety nearly a year after the last executive in the position resigned. The company said Tuesday that it had Kylie McRoberts to Head of Safety and hired Yale Cohen as Head of Brand Safety and Advertiser Solutions.The two will have the unenviable task of leading X’s safety efforts, including its attempts to reassure advertisers that the platform doesn’t monetize or . The company said earlier this year it planned 100 new safety employees after much of its safety staff.Head of safety has been a particularly fraught position since Elon Musk took over the company previously known as Twitter. Musk has previously clashed with his safety leads and McRoberts is the third person to hold the title in less than two years. Previously, Yoel Roth shortly after the disastro...
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Tesla Q1 auto deliveries fall 8.5%, shares drop sharply
2Apr By adminNo Comments
Business

Tesla Q1 auto deliveries fall 8.5%, shares drop sharply

NEW YORK: Tesla reported an 8.5% drop in first-quarter auto deliveries, missing estimates from leading analysts and weighing on shares.Elon Musk's auto giant reported 386,810 deliveries over the period, reflecting in part a weak sales market in China, where it faces heavy competition from local electric vehicle (EV) makers. The automaker's production slipped about 1.7% to 433,371.Analysts have been girding for a tough first quarter for the high-flying Tesla, which has reportedly cut production in China the face of the rise of BYD and other Chinese automakers.Tesla was also hit in the quarter at its lone European factory in Germany, which was targeted in a suspected arson attack on nearby power lines in early March, denting production.At the same time, an increase in EVs in other markets i...
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Elon Musk and Italy’s Giorgia Meloni Form a Trans-Atlantic Bond
30Dec By adminNo Comments
Technology

Elon Musk and Italy’s Giorgia Meloni Form a Trans-Atlantic Bond

ROME—Elon Musk and Italian Prime Minister Giorgia Meloni have formed one of 2023’s more unlikely trans-Atlantic alliances.Behind their budding friendship lie common interests in political issues such as immigration and demographics, as well as in tech-sector regulation and the risks associated with artificial intelligence.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Musk Says ‘Make More Italians’
25Dec By adminNo Comments
World

Musk Says ‘Make More Italians’

William McGurn is a member of The Wall Street Journal editorial board and writes the weekly "Main Street" column for the Journal each Tuesday. Previously he served as Chief Speechwriter for President George W. Bush.Mr. McGurn has served as chief editorial writer for The Wall Street Journal in New York. He spent more than a decade overseas -- in Brussels for The Wall Street Journal/Europe and in Hong Kong with both the Asian Wall Street Journal and the Far Eastern Economic Review. And in the mid-1990s, he was Washington Bureau Chief for National Review.Bill is author of a book on Hong Kong ("Perfidious Albion") and a monograph on terrorism ("Terrorist or Freedom Fighter"). He is a member of the Council on Foreign Relations, holds a BA in philosophy from Notre Dame and an MS in Communicatio...
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Elon Musk plans to launch a university in Austin, Texas
17Dec By adminNo Comments
Money

Elon Musk plans to launch a university in Austin, Texas

Texas transplant Elon Musk plans to start a new university school in Austin, according to tax filings. The as yet unnamed school will launch as a primary and secondary school focused on science, technology, engineering and math subjects and will be funded by a $100 million donation from Musk's charity, The Foundation, plus student tuition, according to the filings, Bloomberg first reported. The school will serve local students and also offer remote learning experiences through "distance education technologies," according to the filing. It aims to initially enroll 50 students, with the admission criteria including "academic curiosity and discipline, independence, and innovation." The school will expand to a university once it is "succes...
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Elon Musk’s New Monkey Death Claims Spur Fresh Demands for an SEC Investigation
13Dec By adminNo Comments
Technology

Elon Musk’s New Monkey Death Claims Spur Fresh Demands for an SEC Investigation

In October 2018, a UC Davis veterinarian approved Animal 13 for use in a Neuralink experiment. She was six years old when she received her Neuralink implants. According to her pre-project physical exam and echocardiogram, Davis staff did not observe any medical abnormalities prior to her surgery, only noting that she had superficial scratches on her lips and minor lip trauma as part of a “suspect pair fight.”Beginning in November 2018, Animal 13 was regularly sedated with ketamine and hooked up to scientific instruments for “neuro recordings.” After one of these sessions the following month, Davis staff observed that the skin near the implants felt warm to the touch, the records show.Over the next three months, her implants became infected. She was euthanized in March 2019. Her autopsy no...
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