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Elon Musk

Elon Musk is the CEO and founder of electric vehicle (EV) car maker Tesla and private space technology major SpaceX. He is the richest men in the world, after Tesla stock zoomed during the COVID-19 pandemic. Musk's personal net worth reached more than $188.5 billion, past Amazon.com Inc.’s top boss Jeff Bezos in January, Bloomberg News reported. He has a 20 percent stake in the carmaker and about $42 billion of unrealized paper gains on vested stock options. Musk, who co-founded and sold Internet payments company PayPal Holdings Inc., now leads some of the most futuristic companies in the world. Besides Tesla, he heads SpaceX and Neuralink, a startup that is developing ultra-high bandwidth brain-machine interfaces to connect the human brain to computers. He set up the Boring Company to make affordable tunnels below busy city streets for an all-electric public transportation system to avoid the nasty traffic jams in US cities. Another of Musk's pet ventures is Starlink. In August, Elon Musk announced SpaceX has shipped 1 lakh Starlink terminals so far. Starlink plans to deploy thousands of low-orbit satellites to provide high-speed internet to isolated and poorly connected areas. The billionaire entrepreneur is also known for his crypto endorsements. He reiterated holdings in Bitcoin, Ethereum and Dogecoin, and closely watches the cryptocurrency space and tweets his observations regularly. More

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  • McDonald's iconic character Grimace is back and tweeting. Why Elon Musk is impressed June 06, 2023 11:34 AM IST

    McDonald's iconic character Grimace is back and tweeting. Why Elon Musk is impressed

    The return of Grimace is McDonald's deliberate embrace of nostalgia, harkening back to its iconic ad campaigns of the 1970s and 80s.

  • 'First day in the books': New Twitter CEO Linda Yaccarino takes charge June 06, 2023 12:18 PM IST

    'First day in the books': New Twitter CEO Linda Yaccarino takes charge

    Linda Yaccarino, the former advertising chief of NBCUniversal, has logged her first day in the new role, about a month after Twitter-owner Elon Musk named her as the new Twitter CEO.

  • Elon Musk says China will initiate AI regulations June 06, 2023 06:51 AM IST

    Elon Musk says China will initiate AI regulations

    Elon Musk did not elaborate further and made his remarks in a Twitter Space with Democratic presidential candidate Robert F. Kennedy Jr. on Monday.

  • Tesla-themed hacks target YouTube accounts of Indian personalities June 06, 2023 01:21 PM IST

    Tesla-themed hacks target YouTube accounts of Indian personalities

    This is not the first time that Elon Musk or Tesla-themed hacks targeted prominent personalities across the world. Other victims include US President Joe Biden and others

  • The Eastern Window: Elon Musk joins rising chorus against Biden’s China policy June 05, 2023 08:59 AM IST

    The Eastern Window: Elon Musk joins rising chorus against Biden’s China policy

    Elon Musk and Jamie Dimon are among those directly challenging the Biden administration’s move to decouple from China at the economic level. The CEOs are concerned about their future business, but they may also influence US policy because the interest of American workers and consumers are at stake 

  • Elon Musk’s son asks about police cats, Delhi Police has the best reply June 02, 2023 10:48 AM IST

    Elon Musk’s son asks about police cats, Delhi Police has the best reply

    'Lil X just asked if there are police cats, since there are police dogs,' tweeted Elon Musk, and got a hilarious response from Delhi Police.

  • Would you let Elon Musk implant a device in your brain? June 02, 2023 09:52 AM IST

    Would you let Elon Musk implant a device in your brain?

    The entrepreneur’s Neuralink startup will be life-changing for some, but it’s hard to see how it will transform society

  • Elon Musk is accused of insider trading by investors in Dogecoin lawsuit June 02, 2023 12:09 AM IST

    Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

    Investors have accused Musk of deliberately driving up Dogecoin's price more than 36,000% over two years and then letting it crash.

  • US commercial real estate to be in meltdown, warns Elon Musk June 01, 2023 01:54 PM IST

    US commercial real estate to be in meltdown, warns Elon Musk

    The warnings stated by the billionaire reflect his fears that the Federal Reserve may head towards yet another recession.

  • Elon Musk again world’s richest person as Bernard Arnault’s LVMH sinks June 01, 2023 06:58 AM IST

    Elon Musk again world’s richest person as Bernard Arnault’s LVMH sinks

    The Tesla Inc. chief executive officer surpassed luxury tycoon Bernard Arnault on Wednesday after shares of Arnault’s LVMH fell 2.6% in Paris trading.

  • Elon Musk, China industry minister hold talks on 'new energy vehicles' May 31, 2023 10:40 AM IST

    Elon Musk, China industry minister hold talks on 'new energy vehicles'

    The two "exchanged views on the development of new energy vehicles and intelligent connected vehicles," China's Ministry of Industry and Information Technology said in a readout on its website.

  • China was top market for Tesla Model Y, world's best-selling car in Q1 May 30, 2023 11:53 PM IST

    China was top market for Tesla Model Y, world's best-selling car in Q1

    Tesla sold 267,171 Model Ys in the first quarter of this year, of which 94,469 were sold in China, higher than 83,664 in the United States and 71,114 in Europe, according the data.

  • Elon Musk's private jet has landed in Beijing May 30, 2023 12:26 PM IST

    Elon Musk's private jet has landed in Beijing

    Elon Musk is expected to meet senior Chinese officials and visit Tesla's Shanghai plant, sources have said, in what would be his first trip to China in three years.

  • Elon Musk expected to visit China this week, meet officials May 30, 2023 09:53 AM IST

    Elon Musk expected to visit China this week, meet officials

    Elon Musk is expected to meet senior Chinese officials and to visit Tesla's Shanghai plant, two of the sources said.

  • Elon Musk expected to visit China this week, meet officials: Report May 29, 2023 06:51 PM IST

    Elon Musk expected to visit China this week, meet officials: Report

    It was not immediately clear who Musk would meet and what they would discuss.

  • Elon Musk on collision course with EU, Twitter exits disinformation pact May 28, 2023 02:07 PM IST

    Elon Musk on collision course with EU, Twitter exits disinformation pact

    Twitter signed the voluntary European Union Code of Practice along with companies like Meta and TikTok in 2018

  • Twitter's Head of Engineering resigns following botched launch of Ron DeSantis' presidential campaign May 26, 2023 09:34 AM IST

    Twitter's Head of Engineering resigns following botched launch of Ron DeSantis' presidential campaign

    "After almost four incredible years at Twitter, I decided to leave the nest yesterday. The combination of the fantastic community, the impact it has, and its limitless potential set Twitter apart," Dabiri said in a tweet.

  • Elon Musk's Neuralink gets FDA approval for study of brain implants in humans May 26, 2023 06:06 AM IST

    Elon Musk's Neuralink gets FDA approval for study of brain implants in humans

    On at least four occasions since 2019, Musk has predicted that his medical device company would begin human trials for a brain implant to treat severe conditions such as paralysis and blindness.

  • Elon Musk wants to build a digital town square. But his debut for DeSantis had a tech failure May 25, 2023 02:44 PM IST

    Elon Musk wants to build a digital town square. But his debut for DeSantis had a tech failure

    The billionaire Twitter owner said the problems were due to “straining” servers because so many people were trying to listen to the audio-only event. But even at their highest, the number of listeners listed topped out at around 420,000, far from the millions of viewers that televised presidential announcements attract.

  • Tesla to pick location for new factory this year, Elon Musk says May 24, 2023 10:47 AM IST

    Tesla to pick location for new factory this year, Elon Musk says

    Tesla is "serious" about its plans to establish a manufacturing base in India, the country's deputy minister for technology told Reuters in an interview last week.

  • Twitter to add pic-in-pic mode, 15-second back and forward buttons for videos: Elon Musk May 21, 2023 06:04 PM IST

    Twitter to add pic-in-pic mode, 15-second back and forward buttons for videos: Elon Musk

    The picture-in-picture mode allows users to watch a video in a minimised frame, while continuing to scroll. The feature is already available on YouTube and WhatsApp.

  • Tesla 'seriously looking' at India as production and innovation base, says Minister Rajeev Chandrasekhar May 20, 2023 08:17 PM IST

    Tesla 'seriously looking' at India as production and innovation base, says Minister Rajeev Chandrasekhar

    Asked by Reuters whether the talks with Tesla included more than just making vehicles, Rajeev Chandrasekhar said "you don't talk about cars alone" when such discussions take place.

  • Elon Musk wanted bathroom next to his Twitter office, claims lawsuit. His reaction… May 19, 2023 02:01 PM IST

    Elon Musk wanted bathroom next to his Twitter office, claims lawsuit. His reaction…

    Elon Musk wanted to build a bathroom next to his Twitter office so he could use it at night without waking up his bodyguards, a new lawsuit claims

  • Elon Musk’s lawyer sends letter to Microsoft on Twitter data misuse May 19, 2023 09:23 AM IST

    Elon Musk’s lawyer sends letter to Microsoft on Twitter data misuse

    Microsoft may have been in violation of multiple provisions of its data agreement with Twitter “for an extended period of time,” Quinn Emanuel attorney Alex Spiro wrote in a letter seen by Bloomberg News.

  • Tesla eyeing India for a new gigafactory? | Tesla’s global expansion plans May 18, 2023 09:12 PM IST

    Tesla eyeing India for a new gigafactory? | Tesla’s global expansion plans

    A top-level team from electric vehicle major Tesla is in India at a time when the carmaker is considering ways to diversify beyond China. According to reports, while this meeting is focused on discussing the local sourcing of EV components to expand Tesla’s supply chain, it may also lead to Tesla's potential entry into India for the domestic production of its vehicles. From China to Germany, Tesla has set up massive production units called gigafactories in these countries. How did the carmaker expand into THESE countries - and what’s stopping them from entering India right now? Watch to find out.