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Elon Musk’s $1 trillion Tesla payday is tightly bound to the rise of humanoid robots—and China’s role in their production may determine whether his vision succeeds. Elon Musk’s record-breaking compensation package, worth up to $1 trillion, hinges on Tesla’s transformation from an electric vehicle pioneer into a robotics powerhouse. At the centre of this ambition …
In a move that has stunned financial analysts, corporate governance experts, and the broader public alike, Tesla Inc. has approved a record-breaking $1 trillion (£761 billion) compensation package for its CEO, Elon Musk. In a landmark decision, Tesla shareholders have approved a staggering $1 trillion (£761 billion) compensation package for CEO Elon Musk, marking the …
In a dramatic twist to the U.S. political landscape, Elon Musk has announced the formation of a new political party, the America Party, following a bitter fallout with President Donald Trump over his controversial tax and spending legislation – the ‘Big Beautiful Bill‘. Musk, once a key ally of Trump and head of the Department …
Continue reading “Elon Musk launches ‘America Party’ amid ongoing feud with Trump”
Following the passage of President Donald Trump’s sweeping tax and spending legislation, dubbed the One Big Beautiful Bill, the U.S. national debt has officially soared to nearly $37 trillion, with projections suggesting it could hit $40 trillion by year’s end. The bill, which extends 2017 tax cuts and introduces expansive spending on defence, border security, …
For seven consecutive weeks since Elon Musk travelled to Washington to join the Trump administration, shares in his automaker have declined, closing on Friday at $270.48. This marks the longest losing streak for Tesla in its 15 years as a public company. Tesla shares concluded the week a decline of over 10%, reaching their lowest …
Continue reading “Tesla shares have declined every week since Elon Musk joined team Trump”
Elon Musk’s Vision for Tesla’s Trillion Dollar Future Elon Musk, the visionary CEO of Tesla, has consistently set ambitious goals for the company. Among his most audacious claims is that Tesla could potentially become a multi trillion-dollar company and even reach a valuation of $25 trillion, largely driven by the deployment of robotaxis. Robotaxi vision …
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Elon Musk, the billionaire entrepreneur and CEO of Tesla and SpaceX, has recently made headlines in the U.S. with his stark predictions about the potential economic fallout if Donald Trump wins the upcoming presidential election. This is unusual, as you are more likely to hear these proposals in a crisis, when desperate times demand desperate …
On Tuesday 6th August 2024, China launched its inaugural batch of internet satellites, which are expected to be part of a constellation designed to compete with SpaceX’s Starlink. The constellation, named “Thousand Sails,” comprises over 15,000 satellites in low-Earth orbit that are anticipated to provide worldwide internet coverage. China plans to have 648 satellites in …
Tesla boss Elon Musk says the electric car maker will start producing and using humanoid robots from next year. In a social media update, Elon Musk stated that Tesla will initially employ the robots, with plans to commence production for sale by 2026. He had earlier anticipated that the robot, named Optimus, would be operational …
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It has been calculated that the S&P 500’s total value is currently $45.5 trillion. Tesla’s CEO, Elon Musk, claimed on Thursday 13th June 2024 that the company’s Optimus humanoid robots could potentially raise the automaker’s value to over half of that amount. During the 2024 annual shareholder meeting in Austin, Texas, Musk, who reportedly identifies …
Tesla shareholders have voted to ratify CEO Elon Musk’s 2018 compensation package, which was previously rescinded by a Delaware judge in January. During the annual meeting in Austin, Texas, shareholders voted in Musk’s favour. Following Musk’s announcement that shareholders were likely to approve his pay package and a resolution to relocate the company’s incorporation to …
Elon Musk sparked intense debate on the trajectory of artificial intelligence (AI) after he shared a clip from the Joe Rogan Experience podcast via his X account. In the video, futurist Raymond Kurzweil explored the future of artificial intelligence (AI), proposing that it might soon outstrip human intellect. Elon Musk, noted for his candid opinions …
Continue reading “AI will be smarter than entire humanity by 2029 according to Elon Musk”
According to the Bloomberg Billionaires Index, Elon Musk is the wealthiest person in the world, with an estimated net worth of $243.46 billion USD as of 8th Jan 2024. Musk is the founder and CEO of Tesla and SpaceX, X and X.ai as well as the co-founder of PayPal and Neuralink. He made his fortune from various business ventures, starting from a web software …
It has been a turbulent time at Twitter since Musk’s acquisition and the subsequent renaming of the company to X. X is a subsidiary of X Holdings Corp., which is owned by Elon Musk. X has faced several issues and controversies since its inception, such as advertiser boycott, declining user base, staff layoffs, and more recently …
Elon Musk is one of the most influential and visionary leaders in the field of AI. He has recently shared his views on how AI will eventually create a situation where no job is needed, and how humans will have to find meaning in life. Disruptive or force for good? Elon Musk recently reportedly said …
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The entrepreneur Elon Musk, the billionaire entrepreneur behind Tesla, SpaceX and Neuralink, has revealed his latest venture: xAI, a new artificial intelligence company that aims to “understand the true nature of the universe”. Musk announced the formation of xAI on Wednesday on Twitter and on the company’s official website, which features a minimalist design and …
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Elon Musk’s AI chatbot Grok has stirred controversy recently with two high-profile incidents that reportedly upset its creator. It also appears Grok now checks Musk’s ‘X’ account to search for approved comments. Is it looking for Musk’s confirmation before it answers? 🌪️ Texas Floods & Climate Commentary Grok was asked to summarize a post by …
Continue reading “Groks analysis and comments upset Musk – and many others too”
Trump calls it his ‘Big Beautiful Bill’, but Musk calls it a ‘Disgusting Abomination’ – who’s right? Trump’s Big Beautiful Bill is a sweeping tax and spending package aimed at making his 2017 tax cuts permanent while introducing new tax breaks and budget reforms. It eliminates taxes on tips and overtime, raises the State and …
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It’s a worry – arguably the most powerful man in the world and the richest man in the world in a highly visible fallout. Unrest and distrust at the top of U.S. government and the and in the corporate world – so what’s new? Donald Trump and Elon Musk, once allies, have engaged in a …
Continue reading “Trump and Musk feud – love to hate in 137 days – a billionaire brawl”
Tesla has been making headlines with a series of major developments, from financial setbacks to strategic shifts by CEO Elon Musk. The electric vehicle giant recently reported a 20% drop in automotive revenue, a significant decline that has raised concerns among investors. Meanwhile, Musk has announced that he will be spending much less time on …
Continue reading “Tesla and Musk struggle against Trump’s Tariff Tidalwave”
Elon Musk’s AI company, xAI, has recently released its latest AI model, Grok 3. This new AI model is designed to be significantly more powerful and capable than its predecessor, Grok 2. Grok 3 is being hailed as the ‘smartest AI on Earth’ by Musk, and it’s expected to have a significant impact on various …
Elon Musk is the world’s richest person and the leader of Tesla, SpaceX, X, The Boring Company, x.AI, and Neuralink. He is also the co-founder of PayPal and Zip2 and now the co-leader of DOGE – of U.S. Department of Government Efficiency and also recently led a group of investors in a bid to acquire …
Huawei has unveiled a bold new AI chip cluster strategy aimed squarely at challenging Nvidia’s dominance in high-performance computing. At its Connect 2025 conference in Shanghai, Huawei introduced the Atlas 950 and Atlas 960 SuperPoDs—massive AI infrastructure systems built around its in-house Ascend chips. These clusters represent China’s most ambitious attempt yet to bypass Western …
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Oracle Corporation has just staged one of the most dramatic rallies in tech history—catapulting itself into the elite club of near-trillion-dollar companies and reshaping the billionaire leaderboard in the process. Founded in 1977 by Larry Ellison, Oracle began as a modest database software firm. Its first major boom came in the late 1990s, riding the …
Continue reading “Databases to Dominance: Oracle’s AI Boom and Ellison’s Billionaire Ascent”
Tesla reported just 384,122 vehicle deliveries in Q2 2025 – a noticeable 14% slide year-on-year, and its steepest decline on record. While some anticipated turbulence, the results managed to slightly exceed analyst expectations, prompting a surprising 5% climb in the stock. Tesla YTD chart So, what’s driving this cooldown in momentum? 🇨🇳 China’s EV powerhouses: …
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Elon Musk has dramatically distanced himself from Donald Trump’s latest tax-and-spending bill, branding it a ‘disgusting abomination’ in a fiery post on X. The Tesla and SpaceX CEO, once a key financial backer of Trump’s 2024 campaign, has now turned against the administration’s ‘One Big Beautiful Bill’, warning that it will explode the federal deficit …
Continue reading “Well – that didn’t last long – is the ‘love in’ over already?”