Elon Musk sued by former Twitter CEO over refusal to pay $57M severance
Ex-CEO Agrawal and three others say Musk "made up fake cause" to fire them. Enlarge (credit: Getty Images | Dan Kitwood ) Elon Musk and X Corp. were sued yesterday by four former Twitter executives who say they were chea.....»»
5 defining moments from Tesla"s Q1 earnings
Industry analysts expected bad news from Tesla's first-quarter earnings report after weak sales. But CEO Elon Musk provided an upbeat narrative by announcing new affordable models for next year......»»
Service customer arrested at gunpoint after dealership lost paperwork
A Kia dealership in California is being sued for reporting a vehicle as stolen after it misplaced the agreement loaning it to a customer who was having repair work done......»»
Chamber of Commerce sues FTC in Texas, asks court to block ban on noncompetes
Noncompete clauses "benefit employers and workers alike," Chamber tells court. (credit: Getty Images | eccolo74) The US Chamber of Commerce and other business groups sued the Federal Trade Commission and FTC Chair Lina K.....»»
Tesla profits drop 55% as Elon Musk dodges cheap car questions
Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»
Tesla cuts marketing team a year after Elon Musk said it will try advertising
Tesla slashed a newly formed marketing team as part of companywide layoffs, reversing course from a traditional advertising push that CEO Elon Musk greenlighted less than a year ago......»»
Tesla"s Elon Musk faces robotaxi skeptics, sales drop in Q1 earnings report; broad price cuts launched
CEO Elon Musk will face tough questions after a Q1 sales decline and reports Tesla stopped work on an affordable EV in favor of a dedicated robotaxi without human controls......»»
Tesla"s Elon Musk faces robotaxi skeptics, sales drop in Q1 earnings report
CEO Elon Musk will face tough questions after a Q1 sales decline and reports Tesla stopped work on an affordable EV in favor of a dedicated robotaxi without human controls......»»
Tesla spends weekend cutting prices of cars and Full Self-Driving software
The company led by Elon Musk slashed the price of the driver assistance software that it calls FSD, or Full Self-Driving, by a third to $8,000 in the U.S. It had been $12,000......»»
Tesla"s full self-driving feature may launch in China "very soon," Musk says
The EV maker rolled out FSD four years ago but has yet to make it available in China despite customers urging it to do so......»»
Elon Musk apologizes after Tesla layoffs for miscalculated severance
Tesla's CEO, who is facing lawsuits over severance from former Twitter employees, admitted that payouts to some workers being laid off were too low......»»
Elon Musk’s Grok keeps making up fake news based on X users’ jokes
X likely hopes to avoid liability with disclaimer that Grok "can make mistakes." Enlarge (credit: SOPA Images / Contributor | LightRocket) X's chatbot Grok is supposed to be an AI engine crunching the platform's posts to.....»»
States sue to block U.S. rules curbing tailpipe emissions in cars, light trucks
Republican attorneys general from 25 states on Thursday sued the U.S. Environmental Protection Agency to block rules intended to reduce planet-warming emissions from cars and light trucks and encourage electric vehicle manufacturing, arguing the agen.....»»
100,000 iPhones stolen instead of scrapped; Apple accused of shredding usable devices
Almost 100,000 iPhones which Apple paid a contractor to scrap were instead stolen and shipped off to China, according to an in-depth report. Apple sued the company concerned, but now appears to have abandoned the lawsuit, with the report suggestin.....»»
Musk apologizes for "incorrectly low" Tesla severance packages
Tesla has announced it will slash its global headcount by more than 10 percent as the automaker struggles with slowing demand for electric vehicles......»»
Tesla asks shareholders to approve Texas move and restore Elon Musk’s $56B pay
Tesla board calls June 13 shareholder vote on Musk's pay and move to Texas. Enlarge / Tesla CEO Elon Musk at an opening event for Tesla's Gigafactory on March 22, 2022, in Gruenheide, southeast of Berlin. (credit: Getty Images |.....»»
Tesla asks investors to approve Musk’s $56 billion pay again
Tesla asks investors to approve Musk’s $56 billion pay again; it's the same compensation package that was voided by a Delaware court early this year......»»
5 reasons Elon Musk is cutting jobs at Tesla ahead of Q1 earnings
"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon Musk said. Tesla reports earnings April 23 after global sales fell 8.5 percent last quarter on weak demand......»»
So much for free speech on X; Musk confirms new users must soon pay to post
The fee, likely $1, is aimed at stopping “relentless” bots, Musk said. Enlarge (credit: Axelle/Bauer-Griffin / Contributor | FilmMagic) Elon Musk confirmed Monday that X (formerly Twitter) plans to start charging new.....»»
‘Sleepy Don’: Trump sparks Twitter hilarity as he appears to fall asleep at trial
‘Sleepy Don’: Trump sparks Twitter hilarity as he appears to fall asleep at trial.....»»
X wants to charge new users a fee to make new posts
It looks like new users to X will have to pay a small fee if they want to post and interact with posts from other users. The post X wants to charge new users a fee to make new posts appeared first on Phandroid. When Elon Musk initially ann.....»»